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Smart Shopper Honda Extended Warranties Pricing and Info
3104 messages, Last post on Nov 25, 2009 at 7:48 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Having read about a few other's mistakes and lessons learned, I thought I should confess mine. Hopefully, someone else might learn from my mistake. When I found the '06 Accord Hybrid I wanted online, it was being sold as a used car - dealer demo, with 11 months and almost 15K miles on it already, although I would be the first titled owner. I asked if they would sell it as a Honda Certified Used Car, and they agreed, but it added $800 to the price, before they offered to take $400 off the total. Not bad for a 1-year old car that would have been $32K new without the extended drive-train coverage, and I was getting for about $25K in cash. Now I realize my mistake, though. All I really got for the $800 was the 7-year drive train warranty, but they had already performed the certification before I drove from Philadelphia to Baltimore (Dundalk, MD) to pick up the car. That's when I asked about upgrading it to a bumper-to-bumper warranty, as we had just done for my wife's 2008 Toyota Camry for under $800 (it was already being sold as a Toyota Certified Vehicle with less than 4K miles). Just for the wrap-around service plan, on top of the $800 already paid for the HCUC drive-train coverage, Norris Honda wanted another $1400 and they were only willing to come down to $1200 something. I walked, and I'm glad I did. When I got home and found this thread, I only wished I hadn't wasted the $800 to have it certified in the first place. I probably could have negotiated the $400 price reduction anyway, but even if I couldn't, I would have been better off to pay Bernardi $980 for a full warranty instead. Now I'll be paying twice for that drive-train coverage. A couple of years ago, I was just lucky that I didn't have to pay $3000 or so for a rebuilt transmission in my 96 Accord EX. I bought it from a private party when it was just a year old, and I never purchased a service plan. Fortunately for me, some Hondas and Acuras from that year were covered by a consent decree the EPA enforced on Honda, which required them to repair any part, for 14 years or 150K miles, that would cause the vehicle to fail an emissions test. Since the transmission wouldn't shift out of first gear, that qualified. Driving in first gear all the time certainly would have caused more pollution. I still haven't decided if it's worth it, just to cover the rest of the car for an extra 5 years or 84K miles. Since the car has over 6000 miles, I might as well wait until just before the 30,000 mile cutoff before deciding whether to buy the 60-month/84K-mile warranty extension available on a used Honda. Those warranties begin at the time of purchase, not the In-service date, as with a new car warranty sold before the vehicle has 6000 miles on it. Since the car will be ~27 months from the In-service date by then, the warranty will last until the vehicle is 87 months or 114K miles from the original In-service date. Buying it now, would just overlap the 36/36 coverage by at least 12/12 and cause it to run out at 75 months or 102K miles instead. I might as well get all I can, if I decide to do it! BTW, I was told that I wouldn't be able to extend the Honda Care after 30K miles. Does anyone know if that's true? I thought it should be any time before the factory warranty expires at 3 years or 36K miles. If that's true, I can probably get closer to 8 years or 120K miles. Although that transmission failure would be covered under the drive-train warranty I already have, I've seen reports online that the A/C condenser in my Accord is vulnerable to damage from road debris and a replacement is $500-600 at today's prices. I sure don't want to find out what they cost in 4-5 years. I'd like to install some mesh to protect the condenser, but that might void the original warranty. It's another catch 22, or a case of "damned if you do and damned if you don't". |
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I bought 7 year extended warranty with my 07 odyssey ,which got rear ended and totaled and the waranty is useless now,can i get my money back for the unused years/miles? Please send me your suggestions. I am not sure i posting on the right location,But i see a lot of useful tips and help content here,so decided to post here. |
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Replying to: navisu (Dec 09, 2008 1:49 pm) tidester, host SUVs and Smart Shopper |
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My three year 36,000 mile warranty expired 10-31-2008. I didn't realize until two weeks ago that it expired. I called a dealer in Philadelphia, and was told that I couldn't purchase Honda Care because the Mfg warranty had expired on 10-31. I only have 24,000 miles on my 06 Accord Sdn EX V-6. Is there any one that I can call other then a dealer for Honda Care?
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Replying to: stripe1 (Dec 10, 2008 5:06 pm) |
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Replying to: tidester (Dec 09, 2008 4:29 pm) "You should be able to get a prorated cancellation refund based either on miles driven or time elapsed. Typically, there would be a cancellation fee deducted from a refund. " I am not aware of a cancellation fee but I stand willing to be corrected if I haven't read my contract thoroughly. I shall go back and review. There is a $50 transfer fee if you transfer to another buyer ( one time option) but other than that my understanding is that it is all prorated.
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Replying to: duke23 (Dec 10, 2008 8:29 pm) Let us know what you find out. tidester, host SUVs and Smart Shopper |
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Replying to: duke23 (Dec 10, 2008 8:29 pm) I think there is a $25 processing fee for canceling the Honda Care after 60 days. I found it in section V.B. of this sample contract: http://www.hondacareextendedwarranty.com/contract.php
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Replying to: jet10000 (Dec 11, 2008 7:27 pm) "I think there is a $25 processing fee for canceling the Honda Care after 60 days. I found it in section V.B. of this sample contract " Thank you sir, I appreciate factual data. Kudos on contributing to the benefit of those who purchase this product. To those that don't, no problem either but factual data as well please. |
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I just purchased an 06 civic. I very stupidly just realized that the original sale date of the car to the original owner was 10/05. So, it's actually past the 3 year in-service date to make it eligible to purchase a Honda care warranty. My question is, if I just claim I don't know the vehicle in-service date, can I get away with buying a Honda care warranty? If I didn't have the Carfax report, I don't think I'd have any way of knowing. Is there any chance I'd get away with just checking the "less than 3 years" box? Or, will any dealer I'm buying the warranty from have those records? Or, will any dealer I'm getting the car serviced at have the same records?
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