The results of a year-long investigation into controversial extended warranties are about to be published – raising fresh doubts over their value to consumers and the way in which they are sold. Research by Financial Mail has revealed that the price of many warranties is vastly disproportionate both to the cost of the item covered and to the likelihood of a repair being needed.
Posts Tagged ‘Warranties’
MP appeals to Ombudsman in VW Golf repairs row
Tuesday, February 7th, 2012When MP Tim Loughton bought a warranty to make sure that any repairs to his wife’s VW Golf would be covered, he believed he was doing the right thing.
OFT to slam high cost of warranties
Sunday, February 5th, 2012The Office of Fair Trading this week will publish the results of an investigation into the £750 million-a-year market for extended warranties.
