Honda, the Brand With the Least Warranty Claims

According to UK warranty specialist MB&G, Japanese and Korean car brands are the ones that have generated the fewest claims over the past year, with Honda taking the top spot. With more and more car owners, including companies, extending their cars’ life into their fourth, fifth and sixth years, many drivers are for the first time coming to terms with the costs associated with running an older car.

“Modern day cars are reliable, but if something starts to go wrong, it’s more likely to be in the fourth or fifth years, or when the mileage reaches 70-100,000 miles,” explained Kevin Pearce, a director of MB&G.

“Cars are packed full of electronic equipment that control everything from the engine management system to the automatic gearbox and a small software glitch can often create issues, in addition to the other components that can fail simply through wear and tear,” he added.

The average age and mileage of cars being handled by MB&G is increasing, but the corporate/SME market generally resists extending warranties beyond the one provided by the manufacturer.

“We administer tens of thousands of warranties each year and generally we are seeing the average age of those cars increasing quite dramatically, mirroring the extended ownership cycle. Currently we are seeing more drivers considering buying a warranty for extra peace of mind, some for the very first time, but the sector which is still to manage the risks associated with many older cars, is the corporate sector," added Pearce.

The top ten brands on MB&G’s list with the least warranty claims were as follows:
1. Honda
2. Lexus
3. Mitsubishi
4. Toyota
5. Suzuki
6. Kia
7. Hyundai
8. Subaru
9. Mazda
10. Nissan