Extended Warranty

Extended Warranty

Author
Discussion

McLaren fancy

Original Poster:

11 posts

35 months

Monday 18th September 2023
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Hi can anybody suggest an aftermarket warranty for a 720s.
I know the cost to extend with McLaren and warranty wise but just seeing if there is something more reasonable with these private warranty companies which hopefully some owners have come across lately ?

Many thanks

murphyaj

770 posts

80 months

Monday 18th September 2023
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I'll say it before anyone else does; Thorney do their own warranty.

https://www.thorneymotorsport.co.uk/product/mclare...

McLaren fancy

Original Poster:

11 posts

35 months

Monday 18th September 2023
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Great many thanks I will give them a ring

murphyaj

770 posts

80 months

Monday 18th September 2023
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Never used them personally, but they are one of the two names that always come up as the place to get your McLaren serviced (the other being V-engineering), and their warranty is very well respected from what I gather. They are upfront about what is covered, and don't tend to wiggle out of claims (or so I hear).

McLaren fancy

Original Poster:

11 posts

35 months

Monday 18th September 2023
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Again thanks very helpful I will contact them too

samoht

6,086 posts

151 months

Monday 18th September 2023
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Just to add to the above; V Engineering don't run a warranty scheme. Their argument is that they can fix the worst likely issue (gearbox rebuild) for £6k or so, so paying perhaps £5k/year for a warranty is an unnecessary expense.

I've been to V a couple of times - alignment and annual service - and I've been very impressed with their deep knowledge, open communication, habit of picking up and fixing minor issues at the same time for free, and generally very reasonable charges. They're also good at repairing things to avoid paying four or five figure sums for replacement parts. Genuinely better and cheaper.

I'd recommend calling them and trying to get a chat with Paul about likely costs of maintaining a 720S with them.

Incidentally, if I were to buy another McLaren in future I'd also look to ask V to do a PPI.

McLaren fancy

Original Poster:

11 posts

35 months

Monday 18th September 2023
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Thanks Sam for some useful information on V..... cheers

Streetbeat

1,012 posts

81 months

Tuesday 19th September 2023
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samoht said:
Just to add to the above; V Engineering don't run a warranty scheme. Their argument is that they can fix the worst likely issue (gearbox rebuild) for £6k or so, so paying perhaps £5k/year for a warranty is an unnecessary expense.

I've been to V a couple of times - alignment and annual service - and I've been very impressed with their deep knowledge, open communication, habit of picking up and fixing minor issues at the same time for free, and generally very reasonable charges. They're also good at repairing things to avoid paying four or five figure sums for replacement parts. Genuinely better and cheaper.

I'd recommend calling them and trying to get a chat with Paul about likely costs of maintaining a 720S with them.

Incidentally, if I were to buy another McLaren in future I'd also look to ask V to do a PPI.
I self warrantied with my 570s so fully understand the discussion for self warranty and possible savings, but its never quite as simple as, V can do a gerabox rebuild for £6k and thats as likely as bas as it gets, what about if you have a few repairs over a year, it soon mounts up, so weigh your options up carefully op as its not always limited to one thing that can go wrong.


Alias_23

17 posts

43 months

Tuesday 19th September 2023
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I'm self warrantied and currently the better for it.... there's many aspects not only in terms of any fix costs but more so the flexibility to use independents and use common sense.

samoht

6,086 posts

151 months

Tuesday 19th September 2023
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I agree, you could absolutely be unlucky and be hit with a number of significant warrantiable repairs in a given 12 month period, and regret not having taken out the warranty.

Also if you're going to go to a McLaren dealer for servicing, the costs will mount up quicker than if you go to an independent.

A common compromise is to look to buy a car from a franchised McLaren dealer, when it'll come with 12 months warranty. You can then make sure to drive the car plenty in the first 12 months to shake down any issues.

As you approach the 12 month mark you can then make a decision based on how you feel about the maintenance costs and how the car's fitting into your life. You could then either sell up (the potentially extended warranty/service history making it easier to sell), keep it and extend the McLaren warranty, or drop the warranty and leave the franchised network for cheaper (better?) servicing.


I note that OP was originally asking about other third-party warranties on a McLaren. I have to say that everything I've heard (online and off) about such warranty companies would lead me to steer clear - it's just too easy for them to deny a proportion of claims and rely on most people not having the resources to fight their case. First party warranties such as McLaren or Thorney have a much higher rate of satisfied customers I believe.

NRG1976

1,306 posts

15 months

Tuesday 19th September 2023
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I think Thorney has a £10k claim limit, but I may be wrong so something to check.

samoht

6,086 posts

151 months

Tuesday 19th September 2023
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NRG1976 said:
I think Thorney has a £10k claim limit, but I may be wrong so something to check.
I also understand that John Thorne has said he's never hit this limit, i.e. he's been able to repair all warrantied issues which have arisen within the £10k limit. (Don't know if that's still the case now).




supersport

4,208 posts

232 months

Tuesday 19th September 2023
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Aren’t all the McLaren indies down south though. Not much use for northerners.

The cost of having a car shipped soon adds up.

mOrtt

414 posts

157 months

Tuesday 19th September 2023
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supersport said:
Aren’t all the McLaren indies down south though. Not much use for northerners.

The cost of having a car shipped soon adds up.
Yup! One of the big reasons why I will be renewing my McLaren warranty next year.

TBCTBC

1,529 posts

94 months

Wednesday 20th September 2023
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supersport said:
Aren’t all the McLaren indies down south though. Not much use for northerners.

The cost of having a car shipped soon adds up.
Not aware of a decent Mac indie in that region but considering Thorney have expanded abroad, I'd be amazed if they're not looking up north too.

McLaren fancy

Original Poster:

11 posts

35 months

Wednesday 20th September 2023
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Thanks everyone for their feedback I do live up North inbetween the Glasgow and Leeds McLaren dealerships as someone previously commented " nothing in the North East " the thornley motorsport does seem good value with the pre inspection included and a 10k limit and was quoted just under £2900 but obviously it's not easy carting your vehicle to Northamptonshire every time you have an issue + the extra cost in fuel or unwanted extra mileage added to your precious McLaren. Looks like Im going with the warranty wise policy standard 5k per claim but you can pay an extra premium for 7.5k or 10k per claim limit and still significantly cheaper than Mac warranty.

davek_964

9,145 posts

180 months

Wednesday 20th September 2023
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McLaren fancy said:
Looks like Im going with the warranty wise policy standard 5k per claim but you can pay an extra premium for 7.5k or 10k per claim limit and still significantly cheaper than Mac warranty.
Yes, although for a major problem they're also significantly less likely to pay out. Each to their own, but I would take self warranty (and do) vs anything other than McLaren warranty.

macdeb

8,556 posts

260 months

Wednesday 20th September 2023
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davek_964 said:
McLaren fancy said:
Looks like Im going with the warranty wise policy standard 5k per claim but you can pay an extra premium for 7.5k or 10k per claim limit and still significantly cheaper than Mac warranty.
Yes, although for a major problem they're also significantly less likely to pay out. Each to their own, but I would take self warranty (and do) vs anything other than McLaren warranty.
^^^^ I'm with him.

McLaren fancy

Original Poster:

11 posts

35 months

Wednesday 20th September 2023
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On the Mac warranty it works out just under £400 a month just to put it into perspective a( small mortgage ) !! actually I did speak with McLaren Leeds about it yesterday and basically you can claim up to the value of the car so basically no limit so it has thrown the cat among the pigeons on what's best.

NRG1976

1,306 posts

15 months

Wednesday 20th September 2023
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samoht said:
NRG1976 said:
I think Thorney has a £10k claim limit, but I may be wrong so something to check.
I also understand that John Thorne has said he's never hit this limit, i.e. he's been able to repair all warrantied issues which have arisen within the £10k limit. (Don't know if that's still the case now).
Makes you wonder why they keep that claim limit in place in that case…they are passing the risk to the customer in essence.

That said, to be clear the likes of Thorney are amazing, effectively Indy’s like them are making cars available to a wider audience with their warranty etc,