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Smart Shopper Honda Extended Warranties Pricing and Info
3093 messages, Last post on Nov 07, 2009 at 5:06 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Now that i will agree with. Insurance is nothing more then a numbers game. You need more policy premiums coming in then you have claims going out. Insurance/warranty's are a funny product. it is something the consumer pays for that they hope they never need, but are glad they did when they need it.
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Replying to: applecore323 (Oct 29, 2008 1:19 pm) Many people have road service, which is just another form of warranty. People pay for it hoping never to use it. Wonder how many people that consider waranties a waste of time, have road coverage? By the way, in my first post, I forget about my very early warranties. Got a new transmission when my Chevy Caprice seized up. Also received 2 air conditioner replacements on my son's Dodge Shadow. I guess that's why I don't have a great problem with these warranties. I just googled Mini Cooper complaints. Consumer Reports recommends the Mini. What a nightmare. You never really know. I can afford a warranty, but would really be hurt by a $ 2500 repair.
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Hi Guys, I am just wondering if it is worth buying Honda Extended Warranty (from online) for an 09 Honda Accord EXL? I bought this 2months back and now thinking if it is a worth..i know it costs around $800 for ~6yrs.. Any suggestions appreciated.. Thanks, Mahesh
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Replying to: itsmaheshp (Oct 31, 2008 6:06 am) |
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Replying to: majordad (Oct 08, 2008 6:43 pm)
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Replying to: sliderule43 (Oct 29, 2008 1:45 pm) "Many people have road service, which is just another form of warranty. People pay for it hoping never to use it. Wonder how many people that consider waranties a waste of time, have road coverage? " Like you I ran the numbers, though you might have to explain to gen x what a slide rule is. My previous AAA coverage (basic) at $55 per year x 8 = $440. $960-440 = $ 4.33 per month for near bumper to bumper coverage for 8/120. I found that cheap on a risk reward analysis and so let the dealership add it on but at an online price. Since I would maintain auto club services regardless, it sealed the deal. VMMV. |
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Replying to: a004482 (Oct 31, 2008 6:58 pm) If you can't get Honda Care, save your money. I am so dissapointed with dealers that sell third party contracts, without disclosure, just to pad their bottom line. They have no problems hurting their customers. |
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", I brought in the online pricing, and paid $ 50 above that for the $ 0 deductible 7 year warranty." I do not understand why people like to pay above invoice or above an online price. The best bet is to pay below invoice or below online price... at least make it the same. |
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I can't disagree with your position. Please consider that people that buy warranties tend to be risk adverse. You are willingly paying for something that you realize is probably a poor investment. Consistent with this risk adverse mentality, is the thought that maybe buying online may cause some problem. Whereas buying from your local dealer is more comforting. You are correct. I don't disagree with you. I'm just answering your good question. I was willing to pay the extra $ 50, - my dealer refused to go lower. By the way, paid the extra $ 50, but wrapped it into my 2.9% 5 year loan. Makes it a breakeven-don't you think?
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Replying to: sliderule43 (Nov 01, 2008 4:21 am) |
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