Warranty Solutions Group (WSG) has launched a new direct-to-consumer electric vehicle warranty.
Former company cars and leased EVs are entering dealerships as manufacturer warranties begin to expire, creating a market of motorists seeking greater confidence around long-term ownership costs and protection against unexpected repair bills.
Dennis Brett, claims director at Warranty Solutions Group, said: “Electric vehicles have matured enormously over the past decade, but so too has the conversation around ownership. Five years ago motorists wanted reassurance about battery range and charging infrastructure. Today they’re asking what happens once the manufacturer’s warranty expires, how much repairs are likely to cost and which vehicles are proving dependable in the real world.
“Our new EV warranty has been developed to give motorists straightforward protection at exactly the point where ownership becomes more uncertain. Whether it’s a charging-system fault, vehicle electronics or a major electrical repair, drivers want confidence that unexpected repair bills won’t undermine the benefits of switching to electric.
“As more used EVs enter the market over the next few years, independent claims data and specialist warranty protection will become increasingly important in helping motorists buy with confidence.”
Buyers want to know which models are proving reliable, what faults are most likely and how much repairs are likely to cost once manufacturer’s warranty expires.
The new warranty has been developed following extensive feedback from dealers, EV specialists and motorists.
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 manufacturer warranty expires.
The product will support drivers throughout the ownership journey with transparent cover and a simple claims process.
