On the surface, purchasing a car warranty seems like a no-brainer, but you've got to consider the money you'll be shelling out for the cover in the first place. According to industry statistics, four out of ten cars aged 4-9 break down every year, with an average repair bill of £376.19. With the cost of a warranty likely to be greater than the average repair bill, you need to decide whether it's worth the money.
One advantage of a car warranty's that it's likely to include a level of breakdown cover, though you'll be expected to arrange recovery and reclaim costs. A disadvantage, however, is the warranty could have claim limits for individual parts, as well as a total claims limit matching the car's value.