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Car repairs covered as Tesco launches three new warranties

21st July 2008 Print

Tesco Personal Finance, one of the UK's leading providers of car insurance and breakdown assistance, is launching three new car warranty plans to help families keep costs down in these uncertain economic times.

With the new Tesco Car Warranty plans, customers can now protect against the cost of their car repair bills from just £9.90 a month.

The Car Warranty plans can be taken out for almost any vehicle up to 10 years old--as long as it has fewer than 100,000 miles on the clock--and will protect motorists against the cost of most major mechanical and electrical faults, even if the car has been out of warranty for a few years. Customers choose the repairer they want to fix the vehicle and Tesco Warranty Administration will settle the bills directly with that repairer. The cost of labour is covered, as well as the cost of parts. Here are some examples of what you could typically pay for vehicle parts without a Tesco Car Warranty Plan:

Turbo Charger - £602
Cylinder Head Gasket - £444
Air Flow Meter - £286
Water Pump - £195
Radiator - £208
Gearbox - £887
Alternator - £225
Clutch Assembly - £399
Electric Window Motor - £313

There are three plans to choose from: Value; Standard and Finest. Customers can pay in 10 monthly, interest-free instalments.

Tesco Car Warranty Plans also cover customers while they are on holiday in other EU member states, at no extra cost.

Allan Burns, head of insurance at Tesco Personal Finance, said: "Many motorists worry about the cost of repairs but up until now it has been quite difficult to buy a warranty once a manufacturer's has lapsed.

"The grim reality is, however, that the older a car becomes and the higher its mileage is, the greater the chances of it going wrong and the more expensive it could be to repair. In addition, cars are becoming increasingly sophisticated, with even the most basic being fitted with technology that a few years ago was only found on executive vehicles.

"We believe in offering motorists the choice of protecting themselves even after the manufacturer's warranty has expired, helping them to guard against large repair bills and bring down the cost of motoring.

"Our warranties come with the Tesco quality and value-for-money our customers trust, and we're sure there'll be a heavy demand for them."

The Tesco Car Warranty Plans are available online, via tesco.com/carwarranty

The cost of a Tesco Car Warranty Plan depends on the vehicle and plan selected.