20-02-2013, 07:00 PM | #21 |
S5, Sport Off, DSC M-track
Join Date: Apr 2012
Location: Nottingham
Posts: 516
Casino cash: $7379 |
I think the detail missing is that if the warranty is 're-started' or 'transferred' with details for the new owner, Mondial assess the cost based on current mileage, not the mileage when the old owner took it out.
This is significant only if the car ticks over 60k miles (or 100k) between the two owners. |
20-02-2013, 07:34 PM | #22 |
S5 - Full Throttle
Join Date: Jan 2013
Location: suffolk
Posts: 444
Casino cash: $3340 |
Mine warranty is monthly and when i bought the car i had 14days to carry the warranty on from the previous owner also at the same money as what he was paying but i dont know if it stays the same if i was to sell and pass the warranty on over 60,000 but i know it stays the same if i go over the 60,000 , maybe some one could shed some light on this
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20-02-2013, 07:36 PM | #23 |
S5 - Full Throttle
Join Date: Jan 2013
Location: suffolk
Posts: 444
Casino cash: $3340 |
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20-02-2013, 08:12 PM | #24 |
S5, Sport Off, DSC M-track
Join Date: Sep 2012
Location: Stevenage, Herts
Posts: 760
Casino cash: $41 |
I know and trust me "if" I have to sell I will be absolutly gutted If I explained why you'd 100% understand trust me... Worse thing is the money will be for someone else who needs it more than I need a car in the garage gathering dust.
Steve
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When it's gone you miss it..... Now in a M4CS |
20-02-2013, 08:13 PM | #25 |
CSL Register Uber-poster!
Join Date: May 2011
Posts: 3,001
Casino cash: $25206 |
You cannot transfer a pay monthly warranty from you to a new owner. They make you start up a new policy.
Ideally you need a car with less than 60k on pay monthly or fully paid for the year, if not get ready to bend over. |
20-02-2013, 10:19 PM | #26 | |
Driving it like I nicked it
Join Date: Apr 2008
Location: wales
Posts: 2,222
Casino cash: $19520 |
Quote:
it's good to see someone putting a stop to the misinformation, i did exactly as above/ previous owner informs mondial with new owners details and bob's your uncle. |
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20-02-2013, 11:13 PM | #27 |
S5, Sport Off, DSC M-track
Join Date: May 2012
Location: london
Posts: 563
Casino cash: $8371 |
i belive that as long as you swap it over under 60k it will stay the same cost,
over 60k the monthly payments go up and up again over 100k i got mine on 50k and its now on 56k ( i know a lot of milage in 6 months due to an alps trip !) and this cost will stay the same as long as i own the car but i should imagine the next owner will have to pay more that being i dont go through the pearly gates in it on fire !
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1979 E24 635csi , 730d work horse , Porsche GT4 |
21-02-2013, 08:07 AM | #28 |
S6, Sport On, Traction Off
Join Date: Feb 2012
Location: Somerset
Posts: 1,577
Casino cash: $4530 |
When I bought mine the previous owner paid monthly & I had 14 days to take it over. That was nearly 2years ago so may have changed
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21-02-2013, 08:58 AM | #29 |
CSL Register Uber-poster!
Join Date: May 2011
Posts: 3,001
Casino cash: $25206 |
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21-02-2013, 09:00 AM | #30 |
S5, Sport Off, DSC M-track
Join Date: Apr 2012
Location: Nottingham
Posts: 516
Casino cash: $7379 |
I bought mine April '12 and transferring wasn't an option. You had to re-start and is based on current mileage. I think I may have got a letter inviting me to apply based on existing owner cancelling, but that's just marketing as far as I know.
Suggest a sticky on this one as it causes no end of confusion. |
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