M-sure
M-sure seems to have profited from a change of name- the company was previously known as SA Warranties. The company has a bold offer targeted at new car owners in South Africa, we think this offer is probably a good place to start when looking for extended warranty offers.
M-sure extended warranty is clear and straightforward; you are left with no doubt about what is covered and what is not covered. The company packages these extended warranties into different combinations according to what they believe will be a good deal for you the buyer, and also for the company.
The insurer provides a detailed breakdown on its homepage, you can find components covered and further details of warranties on its website.
Motorite
Motorite is a Wesbank partner company. The company is huge and enjoys a great reputation as a credible and very efficient financial services provider. The warranties are underwritten by Infiniti Insurance Group.
Motorite offers one of the best-extended car warranties in South Africa, their plans are simple to understand; the cover given includes your motor vehicle’s electrical systems, gearbox, engine and transfer box, differential, and so on. However, these extended warranties are only for cars that are less than 10 years old, and that have not done more than 300,000 kilometers in mileage.
Furthermore, there are only so many car brands that the company covers with these products; they include Toyota, Nissan, Jaguar, Volvo, Land Rover, Peugeot, Subaru, VW, or any car made by General Motors South Africa.
Hollard
Hollard gives you peace of mind as a Motorist in South Africa; with this company, you can get an extended warranty for as little as R129 per month. Furthermore, this company gives you roadside assistance which includes towing of the vehicle- policyholders are given a phone number to call.
With Hollard, you get 4 basic options and one thing they have in common is affordability. The company covers mechanical issues, (engine, gear, wheels, and suspension) as well as electrical issues (lights, windows, and other electronic components).
With this company, it does not matter how often you use your vehicle, or whether or not your car is a passenger car. However, your car needs to be less than 10 years old, and must not have traveled over 200,000km of mileage.
What is a motor plan in South Africa?
They cover the car’s servicing as well as the repair or replacement of faulty components beyond the drivetrain, gearbox, and engine –virtually everything except basic running costs like petrol and oil. The repair or replacement for these will be completely covered during the motor plan’s lifetime
What is an extended motor warranty?
What is an extended motor warranty? An extended motor warranty is a prolonged warranty that is specifically designed to cover mechanical breakdowns up to a certain amount. Extended motor warranties can be purchased before your manufacturer’s warranty expires so that you don’t get caught with no cover.
What does a mechanical warranty cover?
A Mechanical Warranty is an insurance policy that provides you with cover for your car should you suffer a mechanical or electrical breakdown. Warranties are designed to offset the repair and labor costs when these inevitable breakdowns or failures happen.