Daewoo Car Warranties For Almost All New And Used Models

The Daewoo History

The Daewoo Motors Company has had a roller coaster history with plenty of ups and downs. In 1967 The South Korean Daewoo Company was established. The company had many interests in a variety of industries including aerospace, shipbuilding and auto manufacturing.

The Daewoo Company had a vital role in helping South Korea get back on its feet economically after the division of Korea. The Daewoo Motors Company made vehicles that were popular and well liked in South Korea.

The Daewoo Matiz was first produced in 1998 and still is a very popular compact vehicle. This is mainly due to its high fuel efficiency. The top speed of this vehicle is only 89 mph but it makes up for that with fuel economy. The Matiz get an average of 44.1 miles per gallon. It can seat five people and has a rounded shape that is enhanced with oversized rear and front bumpers.

When times were economically tight in the 1980's, the Daewoo Motor Company tried to expand by selling General Motors half of the company. After the sell the company was responsible for manufacturing Pontiac and Oldsmobile vehicles for General Motors. This motor company eventually became solvent again and regained control of the company from General Motors. It started to expand again in the 1990's until the South Korean government put restrictions on larger companies. The company bankrupt in 1999 and was bought by General Motors in 2001.

Since the buyout Daewoo has continued to manufacture vehicles for General Motors. Under the Chevrolet brand they produce the Daewoo Kalos, Captiva and the Epica. The Daewoo Kalos, which is known in the US as the Chevy Aveo, is a subcompact hatchback vehicle that first came out in 2002.

The Chevrolet Captiva is a crossover vehicle which is sold in South Korea under the name Daewoo Winstorm. The Chevrolet Epica, which is also sold under the Tosca name, is a luxury midsize saloon with plenty of amenities.

When thinking about buying a Warranty for your used Daewoo or extending your current Warranty whether you bought it through a dealer or privately bear the following in mind..

There are a wide range of mechanical breakdown policies ( Car Warranty ) available today. All are designed to protect buyers against the costs of sudden and unforeseen failure of a specified list of components on your vehicle. The covered components may vary according to the age and mileage of the vehicle, ranging from policies that provide wide protection on newer motors or used vehicles that are only a few years old, through to more limited covers for much older or higher mileage vehicles ( 50 000 miles or 60 000 miles is a fairly common benchmark here ). It is very important that you are offered the correct policy for the vehicle you are buying. Therefore you should really understand the level of you cover need for the particular model of vehicle you are buying to ensure that you actually do buy cover for the parts that are prone to failure. Generally, with a used car warranty the more extensive the level of cover i.e. protection includes a big range of components, the more you should expect to pay. You should generally pay less for a policy with a restricted list of parts covered. Find out what the weaknesses are for the model of vehicle you are buying and get a policy to protect yourself armed with this knowledge.

More About Extending A Car Warranty

When buying a new car you will automatically be given a manufacturer’s warranty. The Manufacturer’s warranty can be valid for a period of between one and three years. Now there is a point which can often cause confusion so here is our chance to clarify for you. Under a standard manufacturers warranty you are free to get your car serviced at any service station / garage in the UK and still benefit from the manufacturer’s new car warranty, providing the service is carried out to the car manufacturer’s recommendations and you have informed the policy provider who you will be using. A used car dealership could also offer a warranty which extends a two year warranty to three years for you. Such a dealer based warranty may have many more restrictions in the small print over the original manufacturer’s warranty, so be aware of this. Some of the restrictions could be things like limiting the mileage to a maximum of 60 000 miles or that services must be done by the same dealer who has given you the warranty. Policies May Also Have Other Limits. Warranty Policies will often have a maximum amount payable for any claim; this may range from a few hundred to a few thousand pounds. You are advised to check the adequacy of these limits bearing in mind the cost of breakdown for major components when deciding on the upper limits of your cover. Some warranty policies have a betterment clause, in which case you would have to pay something if your vehicle was improved following repair. They may also have a maximum amount payable during the life of the policy. There may be an excess that you will need to pay yourself if you have to make a claim. Some automotive components may have specific claim limits or excesses applied to the as well.

Wear and Tear

Engine failure can often be attributed to ’wear and tear’ as parts often wear down rather than break. If you do not want your warranty provider to reject a claim on these grounds you should ensure that it is clearly stated in the terms and conditions that both "mechanical breakdown" and "wear and tear" are covered by your policy.

CLICK4WARRANTY POLICIES INCLUDE COVER FOR WEAR AND TEAR AS STANDARD.

Click4Warranty provide used car warranties for all the following car makes: Alfa Romeo, Audi, Austin, BMW, Chrysler, Citroen, Daewoo, Daihatsu, Fiat, ford, Honda, Hyundai, Isuzu, Jaguar, Jeep, Kia, Lada, Landrover, Lexus, Mazda, Mercedes, MG, Rover MG, Mini, BMW Mini, Mitsubishi, Nissan, Opel, Perodua, Peugeot, Porsche, Proton, Renault, Rover, SAAB, Seat, Skoda, SMART, Ssangyong, Subaru, Suzuki, Toyota, Vauxhall, Volkswagen and Volvo