None
EN
New direct-to-consumer EV warranty launches as record used cars exit warranty
['Natalie Middleton']
Latest News Archives
Warranty Solutions Group (WSG) has launched a new direct-to-consumer electric vehicle warranty as record numbers of used EVs move beyond their manufacturer warranties and the cost and complexity of specialist repairs continue to rise.
The direct-to-consumer EV warranty provides straightforward protection against unexpected repair bills, giving motorists greater confidence when purchasing or owning a used electric vehicle after the manufacturer’s warranty has expired.
Recent analysis from WSG’s EV Market View Report found that specialist labour now accounts for almost one-third of the average EV repair bill, with labour rates averaging £92.04 per hour.
Battery failures are no longer the biggest concern for used EV owners, representing only around 2% of warranty claims.
“Our new EV warranty has been developed to give motorists straightforward protection at exactly the point where ownership becomes more uncertain.