Used car warranty

[BENT_8]

Just after peoples opinions on the requirements for a used car warranty.

In SA a car must be less than 15yrs old, more than $3000 and travelled less than 200k's to be worthy.
Now i dont have a problem with the age as a cut off must be somewhere, and not too many car yards sell good reliable cars for sub 3k so thats all good, but the k's part i believe needs to be changed.

In the last few days i have seen heaps of good EL/ Au's in the 4-6k bracket in yards which would be fit for a warranty on age and price but fall over on the k's part (most just over 200k's)
You could buy a dodgy extra care warranty but they dont always work out well as some only cover parts, others have a claim cut off limit $$ wise etc.

The thing is, a good EL/Au with 210k's is still going to be reliable in 3 mths so why shouldn't they be worthy of a second hand dealers warranty.

As the average k's travelled per yr has increased quite a bit in the last 10yrs should the kilometre rule be increased to say 250k's so someone spending 5k on a tidy Au will have some security on their investment.

[Shiner]

As you said, there has to be a cut off somewhere.

Unfortunately, if they up the k's and the seller has to put a warranty on it, guess what, the price goes up so the 4-6k bracket becomes a 5-7k bracket thus taking the cars out of the price range of some of those looking at them. Note that with the current market place this may not necessarily happen as not much is selling at the moment.

From my own experience, ANY used car warranty is not worth the price of the piece of paper it is printed on, I would rather take the cheaper price and risk something needing to be fixed and knowing I would have to pay for it.