Hybrids have approved-used warranties cut
Toyota and Mitsubishi are reducing the lengths of their approved-used warranties, the former for hybrids and the latter for all models. Toyota has traditionally offered a 24-month warranty with hybrid cars sold via its used approved plan but is dropping the level of cover to 12 months in line with petrols and diesels.
A spokesperson said the lower level was expected to become effective by the end of February and due to “the ‘normalisation’of hybrids. In the past consumers may have been unsure about investing in the technology, but we see a very different market today.”
Similarly, Mitsubishi will cut its 24-month warranty for all used approved vehicles to the industry-standard 12 months on 1 April.