Tesco Personal Finance, the
financial services arm of the giant
supermarket group, have expanded their
car insurance products with the offer of a new type of
warranty scheme.
Known as
Tesco
Car Warranty, the scheme will help
car buyers to spread the cost of
car ownership by only paying out on some repairs. In order to
be eligible for Tesco Car Warranty,
a car must be under ten years old and have less than 100,000
miles on the clock.
The warranty is a type of
car insurance policy that covers the cost of labour for
repairing the car. The customer can choose their own mechanic. More
and more
vehicle owners are thought to be keeping
their cars for longer rather than trading for a new car and
car finance . In this climate, Tesco Car Warranty could be very
valuable for
motorists .