Buying a used car is still much of a gamble in India. However, there are more players selling used cars in India in a regulated manner. As a result, customers are making more confident choices today. It is most important for sellers to give accurate information, especially about engines. This is where organized and branded players come into play, as many of them offer engine warranties.
Why is engine warranty important?
Engine warranty helps to give the customer peace of mind as it is the most important component of any used car. The engine warranty covers not just the powertrain, but the transmission as well. However, it covers a limited number of kilometers and is not the same as that for a new vehicle. Nevertheless, to protect yourself from making a regrettable purchase decision, it is always better to get a vehicle with engine warranty.
Yes, used cars do have warranties
For those who may be buying used vehicles for the first time, they’ll be happy that a number of companies provide different types of warranties. One such type of protection is engine warranty. Most dealers offer limited warranties on various vehicle components as well as systems.
From the 1960’s to early 1980’s, India only had four vehicle manufacturers- Hindustan Motors, Standard, Premier Padmini, and Mahindra Jeeps. We have more than 100 models in the market today, and manufacturing quality has improved tremendously over the years. As a result, there is not much difference in terms of finish and running condition between a 2-year-old Honda City and a new one, as an example. Reliability has also increased tremendously; now you can undertake long trips without worries in these used cars.
Companies that offer engine warranty in India
- Indian Blue Book– This is a pricing guide for individuals looking for used cars in India. It appears to be inspired by the well known ‘Kelly’s Blue Book’ in the USA. It has tied up with used car player Mahindra First Choice to provide an engine warranty up to 1 lakh kilometers. With variations in cover duration, it offers two products- CertiFirst and CertiFirst+. All car models are covered by the company.
- Mahindra First Choice– It has rolled out a number of certifications for all electrical and mechanical components of cars. Other than CertiFirst and CertiFirst+, products include AssistFirst and WarrantyFirst.
- Droom– Droom’s website has a simple UI and an easy process of buying and selling used cars. They have comprehensive extend warranties for different categories of vehicles, which include sedans, hatchbacks, and SUVs. In addition, as this is a marketplace for covers cars and bikes, it covers bikes as well. All major components of the engine are taken into account here.
- CarDekho– What originally started as a review site for vehicles in the country has now diversified itself to offer value-based products, one of which is TrustMark. The company issues a certification for a car and gives it on the basis of a 217-point check. Major components of the engine and transmission are covered here.
