Last post on Dec 03, 2013 at 10:50 AM
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Honda Odyssey, Honda Accord, Honda Civic, Honda Element, Honda Pilot, Honda S2000, Car Warranties
#2730 of 3848 Re: Is Extended Warranty worth buying for 09Accord EXL [itsmaheshp]
Oct 31, 2008 (7:12 am)
I paid my dealer $950 for a $ 0 deductible 7 year warranty on my 2001 Accord. Had one covered repair for $ 150. Probably not worth it. When I bought my Ridgeline 3 weeks ago, still purchased the Honda care warranty. I'm a slow learner. This time, I brought in the online pricing, and paid $ 50 above that for the $ 0 deductible 7 year warranty. Saved a lot over the dealer's price. I'm the type that tends to buy the warranties on most things. They paid off handsomely on my GM, Chrysler, VW purchases. Poor value on Toyota, Honda purchases. I'm convinced they pay off if you plan to sell the car privately, after 5 years. Buyers are more willing to pay a good price from a private party, if the Honda Care warranty is in effect. I would. Make sure you get the Honda Care. They want to keep you as a Honda customer. On non auto warranties, they have been very worthwhile on any water usage appliances. Paid off on my expensive Sears washer, steam cleaners, and also my Vaccum Cleaners. Not so on TVs. I do have peace of mind, at a price.
#2731 of 3848 Re: EW for Odyssey [majordad]
Oct 31, 2008 (6:58 pm)
I live in Florida and I am thinking about getting an extended warranty on my 2005 Honda Pilot which currently has about 32,000 miles and is still under the new car warranty. Any recommendations? How do I make sure it is from Honda Motors?
#2732 of 3848 Re: [sliderule43]
Oct 31, 2008 (9:19 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? "
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.
#2733 of 3848 Re: EW for Odyssey [a004482]
Nov 01, 2008 (1:26 am)
The contract should have the words "Honda Care," printed on it in large letters. I would also suggest you immediately call the number on the contract, before purchasing the warranty. Make sure it's Honda Care. Twice I was sold 3rd party contracts by my dealer, without having that fact disclosed. The first was by a VW dealer on my new Passat. The contract, administered by Ryan, had a big VW emblem on top. Though the company paid off on several repairs (on this lemon), my dealer sold the VW franchise to a another dealer. The other dealer would not accept the contract, and I had to pay for repairs and submit a claim. On my recent Ridgeline purchase, I was also sold a third party contract - without disclosure. When I read it (after returning home), I returned to the dealer immediately and told them I wanted Honda Care, or was going to small claims court. I would have. They agreed to rewrite it for $ 50 over the online price.
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.
Nov 01, 2008 (3:48 am)
", 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.
#2735 of 3848 Response to Paying $ 50 over Online.
Nov 01, 2008 (4:21 am)
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?
#2736 of 3848 Re: Response to Paying $ 50 over Online. [sliderule43]
Nov 01, 2008 (5:16 am)
Well yes I agree with you. If the customer feels comfortable that is what ultimatly counts. In your case you broke even taking into consideration the financing and from the sounds of it you were satisfied with the deal... that is what ultimatly counts.
#2737 of 3848 Buy Honda Care online!
Nov 11, 2008 (6:06 pm)
I'm sure many people have posted about buying warranties online, but I just had to share my experience (so that other Honda customers don't make the mistake of paying too much for a warranty).
I recently purchased a Honda Care extended warranty for my 2008 Honda Accord (4 cyl, LX). I ended up buying it online, since the dealer I bought the car from tried to sell me the same warranty...for almost double the online price!
I shopped around & researched a number of sites; this site had the lowest price ($25 off all new contracts):
Bob Leab at Hyannis Honda in MA.
I called & spoke to Bob before buying. He answered all of my questions & my contract was processed quickly & easily. I thanked him for providing a great service to all consumers, & for not trying to rip me off!
6yrs/120K miles/$0 deductible, for $760.
I spoke to a co-worker/friend of mine who used to sell warranties; she said it was a great price. (The dealer I bought the car from, in NJ, tried to sell me the same warranty for $1400. I know we all have to make a living, but come on...that's just disgusting.)
Thank you Bob Leab!
#2738 of 3848 Re: Buy Honda Care online! [susant1]
Nov 11, 2008 (7:42 pm)
susant1 wrote :
" shopped around & researched a number of sites; this site had the lowest price ($25 off all new contracts):
Bob Leab at Hyannis Honda in MA. "
That is the way you do it. Never pay retail.
You go girl ! Congratulations on getting the online price. Such a kinder forum. Almost, retracted, pleasurable,
Nov 11, 2008 (8:13 pm)
What's the status of the American Honda vs. Saccuci lawsuit?