Can I Transfer my Extended Car Warranty Policy?

No matter how many times a car has been sold, provided the warranty is still valid it is usually transferrable to the next car owner but you should check the specific terms on your policy.

In this guide, we will explore the ins and outs of transferring extended warranty over to another car or person, as well as the steps you need to take to transfer your policy successfully. We will also discuss any fees associated with transferring extended car warranty, and whether or not transferring will affect the coverage or terms of your policy.

Can Extended Car Warranty be Transferred to Another Person?

Yes, extended car warranties can often be transferred to another person, but it depends on the specific terms and conditions outlined in the warranty contract. The person the warranty is being transferred to should be a private individual, and not a dealership. Some extended warranty providers allow for the transfer of coverage to a new owner for a fee or under certain conditions, while others may not permit it at all. Here is everything you need to know about transfering ALA warranty:

1. The recipient must be a private individual
2. There must not have been any prior claims on the policy, nor any claims in progress
3. There must also be no outstanding finance on the policy if you paid with instalments.
4. Existing faults are not covered
5. Vehicle swaps aren’t permitted

Our extended car warranty cover at ALA can be transferred to a new owner for an administration fee of £35. You will have 14 days from the change of ownership to transfer the warranty policy. By transferring the warranty to a new owner, it makes the sale more compelling to new potential buyers. A transferable warranty can even increase the chance of higher-than-asking-price offers.

You can find out more about our extended car warranty policies on our website.

Can Extended Warranty be Transferred to Another Car?

Extended warranties are typically tailored to cars rather than individuals, so it is not usually possible to transfer your policy to a new car. If you are buying, financing or leasing a new car from a dealership, you may find that the car often comes with an extended or manufacturer warranty of its own, so there is no need for a third-party extended warranty policy to be in place.

If your new car is not currently under any type of warranty, we recommend taking out a new policy. We have four types of extended warranty coverage at ALA (silver, gold, platinum and EV warranty), allowing you to choose the policy that works for you and your vehicle. You can then choose your preferred labour rate, term of cover and claim limit.

You can start building your extended car warranty policy quote here.

How Can I Transfer my Extended Car Warranty?

The first thing to do when attempting to transfer your policy is reach out to the company that issued the extended vehicle warranty. You can usually find their contact information on the warranty documents or their website. Inform them of your intention to transfer the warranty and inquire about the necessary steps to do so. You can get in touch with ALA via our website here.

The warranty provider will likely require information about the new owner, such as their name, address, contact information, and possibly vehicle details. Be prepared to provide any documentation, such as, proof of ownership forms requested by the warranty provider. Follow any instructions provided by the warranty provider to complete the transfer process.

Are There any Fees or Charges Associated with Transferring my Warranty?

With ALA, you don’t need to worry about any hidden fees when transferring you extended car warranty policy to a new owner.

We charge a £35 admin fee to transfer the policy to a new owner. However, the fees or charges associated with transferring an extended car warranty can vary depending on the warranty provider and the terms outlined in your warranty contract. Some warranty providers may charge a transfer fee to process the transfer of the warranty to a new owner. Before initiating the transfer process, it’s essential to review your warranty contract carefully or contact the warranty provider directly to inquire about any fees or charges associated with transferring the warranty.

You can find out more about the ins and outs of our extended car warranty policies on our website here.

Will Transferring my Extended Car Warranty Affect the Coverage or Terms of the Policy?

Transferring your extended car warranty policy over to a new owner typically does not affect the cover they shall receive. However, it is important to note that if you took out a three-year warranty policy, and have already had the policy for a year, the car will only be covered for a further two years with the new owner. The warranty does not renew with a new vehicle owner.

Therefore, the new owner will still benefit from the policy you originally took out for whatever time is remaining on the policy. The new owner then has the choice to renew the policy once it runs out. Certain items such as inlet manifolds, coil springs and wheel bearins

Extended Car Warranty with ALA

Our extended car warranty policies at ALA are perfect for used cars where the manufacturer warranty has run out. Extended warranty can protect your car from any mechanical or electrical faults and breakdowns, saving you money on usually expensive parts and labour costs. Our policies are fully insured, which means they are backed by an independent regulator to offer you more reassurance.

To find out more, or to start building your bespoke extended car warranty quote, get in touch with us today.