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Old 20-02-2013, 08:41 AM   #11
0836whimper
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Originally Posted by Neil M View Post
Taking out a new warranty can be expensive, better if you can take over an existing one.
I don't think it's possible to take over a warranty. Either it's pay monthly DD or pay yearly, either way it's a new contract when the previous owner stops paying.

The ideal would be to start up a new pay monthly warranty at 59,999 miles and keep the car for a while. But flip side is you will pay more for a sub 60k mile car in the first place.
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Old 20-02-2013, 12:37 PM   #12
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I'm slightly worried that I "might" need to sell mine towards the end of the year (I'll be absolutly gutted if I do), need to free up some £££ and possibly the car might have to make way for this

Lets hope the prices rise


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Old 20-02-2013, 01:02 PM   #13
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Originally Posted by 0836whimper View Post
I don't think it's possible to take over a warranty. Either it's pay monthly DD or pay yearly, either way it's a new contract when the previous owner stops paying.

The ideal would be to start up a new pay monthly warranty at 59,999 miles and keep the car for a while. But flip side is you will pay more for a sub 60k mile car in the first place.
If the car has a warranty in place when purchased, providing it has been paid for as an annual, then the policy is transferable that's what I did with mine. Which reminds me it's coming up for renewal next month
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Old 20-02-2013, 03:57 PM   #14
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Yes, I bought mine privately with a newly renewed annual BMW warranty and just renewed it eleven months later.

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Old 20-02-2013, 04:16 PM   #15
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Yes, I bought mine privately with a newly renewed annual BMW warranty and just renewed it eleven months later.

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+ 1 not sure about the monthly warranty how that will work if sold on
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Old 20-02-2013, 04:24 PM   #16
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Yes agree on the annual one. Although it's not transferred as such, the warranty is on the car regardless of who the owner is. That's what happened with me too.

I don't think you can transfer a pay monthly warranty from owner to owner.
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Old 20-02-2013, 04:34 PM   #17
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Surely you would get the rest of the month and then just the payer's details would change. I cannot see how it would or should be any different as it is just the period of 'insurance' that is different (one month vs one year).

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Old 20-02-2013, 05:05 PM   #18
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Originally Posted by Steve B View Post
I'm slightly worried that I "might" need to sell mine towards the end of the year (I'll be absolutly gutted if I do), need to free up some £££ and possibly the car might have to make way for this

Lets hope the prices rise


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Old 20-02-2013, 05:08 PM   #19
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i bought my car 6 months ago,

the prev owner had a pay monthly warrenty and he informed mondial that the cart had been sold then they give you somthing like 2 weeks to call them and swap it over to your name, no start up fees you just take over the monthly charge.

sinse then i have had 2 small claims and no problem at all.
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Old 20-02-2013, 05:54 PM   #20
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i bought my car 6 months ago,

the prev owner had a pay monthly warrenty and he informed mondial that the cart had been sold then they give you somthing like 2 weeks to call them and swap it over to your name, no start up fees you just take over the monthly charge.

sinse then i have had 2 small claims and no problem at all.
That's very useful to know... thanks for the info. Mine's also on monthly now.
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