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Honda Extended Warranties Pricing and Info

2693 messages,  Last post on Sep 05, 2008 at 8:24 AM

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What is this discussion about? Honda Odyssey, Honda Accord, Honda Civic, Honda Element, Honda Pilot, Honda S2000, Car Warranties

#2483 of 2693 Re: Cancelling Honda Warranty in 3 Steps [aspesisteve] by duke23 Jul 02, 2008 (9:00 pm)
Replying to: aspesisteve (Jul 01, 2008 4:45 pm) aspesisteve wrote : "why don't you wait until you factory warranty is about to expire?    have you even done the math to determine what the difference in cost would be?    Last I checked you can buy the EW up to 36 months or 36k miles without much of a penalty for waiting till the last minute. But that was before Honda shut down the internet for EW shopping. "   Well yes frukky did , a .Lol, but you knew that. I'm pleased that you finally made the evolution from at no price is ew a good deal to it absolutlely depends on what price you pay. That's what this forum should be for, to prevent would be buyers from paying retail. In Edmunds, we don't pay retail....   Like life insurance, buy a policy when you're young and pay the least. Defer and buy when you're older, pay more for less.We won't rehash probability but suffice it to say that some will get alot of benefit, much more than premium paid, and some will get less. Many will get some level but less than HC collects. But add in the travel insurance and cross country motor club, merchant discounts ( yes they are like AAA) and if you buy it at a discount you may find in a good deal, ymmv. And you may find it adds in resale, quite a bit in fact if you sell past 3/36k miles but less than 8/120k.   HC operates on a statistical data base much larger than a single poster's experience. As in life and many other insurances their are those that win or lose versus the actuarial mean. The question to ask yourself, as did Clint Eastwood once to a not so savory character, is " do you feel lucky" ? Go into Edmunds forum Honda Accord experience and maintenance 2003-2007 and you'll find some unlucky ones. Check on cost of Honda parts by paging back, that even without catastrophic failure, it might make hc a good deal. Check even my offer of free money and the.....response. Welcome frukky and bug4, thanks for joining the forum and your posts.   My empathy a, for living in a state that abuses hc buyers as does California. Seems that a recent post does not substantiate a 100% markup over internet but rather a 50-60% markup. My advice, just say no. Say I will pay the Bernardi, Saccucci or Hyannis price,not a penny more.So make a sale or go away.Granted they know that they have advantage, but in this present state of the economy, I'd gamble on someone willing to settle for a " thin" profit.   Ps Does the Governator really want to borrow against the state lottery? Replies to this message: aspesisteve (Jul 03, 2008 7:31 am) frukyy (Jul 03, 2008 7:57 am) duke23 (Jul 03, 2008 8:04 pm) sparkland (Jul 04, 2008 3:39 am) and 1 more...
#2484 of 2693 Re: Cancelling Honda Warranty in 3 Steps [duke23] by aspesisteve Jul 03, 2008 (7:31 am)
Replying to: duke23 (Jul 02, 2008 9:00 pm) duke,   what's the price point that you feel is the breaking point to avoid the EW? Or do you advocate buying one at any cost?   You've shown us all the things that can break and how much they cost, so I'm guessing you'd go much higher than $1,000??   How do you even place the value of a warranty to be a good value at $800?   It's all an emotional buy. If you use your logic (fear), of all the things that can break, I'd say some people could use the cost of an engine replacement as the "value" of an EW.   And I'm still waiting to hear of an independant source that reccomends people buy the HC EW. Replies to this message: frukyy (Jul 03, 2008 7:57 am) duke23 (Jul 03, 2008 8:04 pm) sparkland (Jul 04, 2008 3:39 am) duke23 (Jul 04, 2008 10:21 am)
#2485 of 2693 Re: Cancelling Honda Warranty in 3 Steps [aspesisteve] by frukyy Jul 03, 2008 (7:57 am)
Replying to: aspesisteve (Jul 03, 2008 7:31 am) As I said before, EW is a piece of mind that you’re buying not something you absolutely need. I don’t know how the state of CA can stop people for buying EW. When we get stuck in traffic it’s bad enough, just imagine if your car gets stuck on the freeway (with wife and kids) and having to try your luck with an on-the-spot mechanic. At this point you will be glad to have signed for EW.   The EW for a car make sense in my opinion because if something happens you can’t just buy another car right away as for example if you buy a 30$ dvd player I wouldn’t advise the EW. Bottom line ONLY YOU CAN DECIDE Look at the terms of the service contract offered and weigh the price of the item you're buying and the amount of hassle you think you can risk putting up with.
#2486 of 2693 Re: Cancelling Honda Warranty in 3 Steps [aspesisteve] by duke23 Jul 03, 2008 (8:04 pm)
Replying to: aspesisteve (Jul 03, 2008 7:31 am) Aspesisteve wrote: " what's the price point that you feel is the breaking point to avoid the EW? Or do you advocate buying one at any cost? You've shown us all the things that can break and how much they cost, so I'm guessing you'd go much higher than $1,000?? . Wrong, mi amigo.Pay not a dollar less than you can get for the lowest internet price. Negotiate 10% less if you can, The bottom line, Lord do I hate quoting tired cliche's, Should be exactly as you prepare your bid vs. a dealer . It's Us vs. them. Pay retail and you're a schmuck , Note to host, debated using this terminology but decided it was apropos to the question at hand.I do not place 8/120 to be a good value at $800 since I paid $940.00 for mine.But I'd take $800 in a new york minute.Get the best deal you can is my advocacy.That and don't live in California. Replies to this message: sparkland (Jul 04, 2008 3:39 am) duke23 (Jul 04, 2008 10:21 am)
#2487 of 2693 Re: Cancelling Honda Warranty in 3 Steps [duke23] by sparkland Jul 04, 2008 (3:39 am)
Replying to: duke23 (Jul 03, 2008 8:04 pm) Wow, this thread is getting tiresome. To sum it up, I would say--buy the Hondacare waranty if you want it, from an online dealer.   One of the main reasons people buy the extended warranty is because they financed the car and do not want additional expenses during that term. Obviously coverage beyond the loan period is also beneficial.   If you don't think there is adequate value in the Hondacare warranty, then please do not purchase one.   Just to let you know I was have purchased an extended warranty for both my Civiuc and my Ridgeline. May never use them, so be it.   Brad Replies to this message: duke23 (Jul 04, 2008 10:21 am)
#2488 of 2693 Re: Cancelling Honda Warranty in 3 Steps [sparkland] by duke23 Jul 04, 2008 (10:21 am)
Replying to: sparkland (Jul 04, 2008 3:39 am) Sounds good to me. How about we change the focus of this forum to where you can get the best deal on HC ? Advantages of HC or others.Anyone who hasn't purchased one should have no concern with anyone who has. It's not their money.
#2489 of 2693 HC EW vs. others (CostGuard) by buzagirl Jul 04, 2008 (9:22 pm)
Just purchased an Odyssey Touring and went back and forth with the dealer on purchasing the EW due to the number of computerized parts in this particular model. Given the opportunity to cancel w/in 30 days, we decided to go ahead and purchase the 6 yr/100,000 mi warranty and do a little research.   I've been reading quite a bit online and think I might want to stick with an EW (still not certain, but you know what I mean, LOL). BUT, in reading, I'm finding lots about HC EW's and not a lot about the company my dealer sold me (CostGuard EW from Protective). I found a CostGuard brochure online (http://www.protective.com/PDF/APD/COASTGUARDBROCHURE.PDF), but I'm having a tough time comparing what I have head to head with HC. I checked the Bernardi site to see what a 6/100 HC EW would cost me and found it significantly less... $835 for the HC EW vs. $1248 for the CostGuard.   Does anyone have any experience here and could help me decide if the two are relatively equitable in coverage? If so, I'd obviously need to cancel and go with HC, but I don't know.   TIA for any and all advice! Replies to this message: duke23 (Jul 05, 2008 4:28 pm) buzagirl (Jul 05, 2008 6:59 pm) duke23 (Jul 05, 2008 8:06 pm)
#2490 of 2693 Cancelling Zurich (Universal ...) Warranty nightmare by cyberchip Jul 05, 2008 (2:42 pm)
After reading "Cancelling Honda Warranty in 3 Steps" http://townhall-talk.edmunds.com/direct/view/.ef0eeb7/2467 My experience of canceling extended Warranty from Zurich is like a nightmare: Day1: Bought overpriced warranty with misrepresented material from sales in finance department ; Day3: Called the sales to clear several misleading items after reading contract carefully. The sales started not answering my phone, never called back to me with the phone number left in the voice mail; Day4: Called Zurich customer service number. They said you have to cancel the contract through dealer. (The contract says: you can cancel your contract by mailing or delivering written notice of cancellation to the seller or us (Universal Underwriters Service Corporation)). Day7 (Saturday): Called dealer again. Another person answered the call and said "you have to come to cancel the contract (no way to fax), and anyone in finance department can do it for you". Arrived in the early afternoon, all of 3 persons in the finance department (including the guy who answered my phone) claimed they don't have the cancellation form. You have to wait till Monday to ask cancellation form from the finance directer.   This is the place where I am stuck know. Replies to this message: duke23 (Jul 05, 2008 4:34 pm) cyberchip (Jul 07, 2008 5:14 pm) cyberchip (Jul 08, 2008 4:36 pm) duke23 (Jul 08, 2008 7:28 pm) aspesisteve (Jul 09, 2008 9:47 am) cyberchip (Jul 09, 2008 7:07 pm) and 1 more...
#2491 of 2693 Re: HC EW vs. others (CostGuard) [buzagirl] by duke23 Jul 05, 2008 (4:28 pm)
Replying to: buzagirl (Jul 04, 2008 9:22 pm) buzagirl, I read both coverages and they are not comparable.HC wins by a land slide even against the costguard complete coverage, their most comprehensive. Here is a link to what is is covered.by HC. http://www.officialhondacare-at-delrayacura.com/cov.asp Note : I posted the first descriptive coverage of HC I could find. Do not use the above site to buy your HC, they are higher than others even with their 20-35% promo discount.   So it is a no brainer, drop costguard like the proverbial hot potato asap and save  1) $413, it was $438 from Hyannis, $25 promo on new contracts. https://www.hondacareextendedwarranty.com/images/tab_navigation_quotes.gif 2)Get more coverage on parts including Honda installed Audio. 3)Get work performed by Honda trained technicians 4) Use only Honda authorized parts 5) free loaner car, $35 /day up to 6 days ($210) 6) unlimited miles towing to a Honda dealer, Cross country auto club ( think cost had that) and trip insurance 3 days /$300 food and lodging.   Check the others as well, Bernardi ( they had server problems today) and Saccucci. Replies to this message: buzagirl (Jul 05, 2008 6:59 pm) duke23 (Jul 05, 2008 8:06 pm)
#2492 of 2693 Re: Cancelling Zurich (Universal ...) Warranty nightmare [cyberchip] by duke23 Jul 05, 2008 (4:34 pm)
Replying to: cyberchip (Jul 05, 2008 2:42 pm) cyberchip, Thanks for sharing your experience with Warranty from Zurich.Hopefully you can get it cancelled on Monday.This forum is providing a great service in telling people what is available online from HC so they won't get ripped off.

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