Holden has finally given in and confirmed it will immediately and permanently move to a five-year unlimited kilometre warranty.
Coming into effect on July 1, 2018, the move will bring Holden into line with Ford, Honda and Skoda, brands that have all made the change to a five-year package over the last 18 months.
Holden has been running rolling promotions, offering five and seven-year warranty coverage. These promotions haven’t generated the traction the brand would have hoped for.
The new five-year warranty term will also be extended to government, fleet and rental customers, however, those buyers will have a 200,000-kilometre cap.
Holden Chairman and Managing Director Mark Bernhard said, “Buying a new car is a huge financial and emotional commitment and this five-year warranty is rounding out our market-leading portfolio of care for our customers.”
“We also have the most passionate and capable dealer network in the country and this standard five-year warranty supports the work they’re doing to look after our customers.”
Holden is in an interesting position, their current fleet looks revitalised with the new Astra, Equinox and Commodore, the permanent move to a five-year warranty package could prove to be the catalyst to regaining lost market share.
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