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Honda Extended Warranties Pricing and Info

3104 messages, Last post on Nov 25, 2009 at 7:48 AM
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Replying to: jufison (Jan 02, 2009 10:27 am) Should I turn this warranty back in? Are they going to honor me getting my money back in 72K? Is it going to be hassle? It may be a hassle, but you should definitely turn it back in. You have plenty of time to buy a Honda Care with much better coverage and at a lower price if you want. But there's no advantage to keeping that Fidelity at that rate. Just go back to the dealer, fill out the forms, jump through the hoops and get your full refund.
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Replying to: jet10000 (Jan 06, 2009 5:19 pm) |
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Replying to: wolfman91 (Dec 29, 2008 6:52 pm)
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Replying to: e419 (Jan 10, 2009 12:38 am) Vehicles are defined as "New" if their mileage is less than 6,000 and their model year is 2008 or newer. All other vehicles are defined as "Used". If you enter less than 6k miles, you can buy up to 96/120k if it's over 6k, you can only buy up to 72/84k That was the difference that I could see.
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Replying to: brianNH (Jan 10, 2009 5:43 pm) If you enter less than 6k miles, you can buy up to 96/120k if it's over 6k, you can only buy up to 72/84k That was the difference that I could see. There is another difference that is not so obvious. When you buy a Honda Care when the car has less than 6k miles, the mileage & time begins from the date when the car was put into service. However, when you purchase a Honda Care after 6,000 miles, the mileage & time begins at the time of the Honda Care purchase. So in your example, above of the 72 month, 84k, that would be in addition to whatever time and mileage the car currently has. Here is the reference from Saccucci's website stating this: When does coverage for service contracts begin? Coverage for a new auto begins when the vehicle is originally put into service and at zero miles. Coverage for a pre-owned plan(vehicles over 6,000 miles) begins on the service contract purchase date, and at the mileage on the odometer on that date. http://www.myhondawarranty.com/faq.php
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Replying to: jet10000 (Jan 11, 2009 1:00 pm)
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Yeah it does say that the date starts at the time of the contract for >6k. However that seems fishy to me, if I wait until just shy of 36m/36k miles and then buy a 72m/84k warranty, that means I get it for up to 108m/120k miles vehicle miles, when i could only get up to 96/120k when it was new? On APCO's site (the administrator, easycare.com) they talk about the used policies by saying that it's possible because the dealer agrees to inspect and certify the vehicle is applicable to the extended warranty. It seems to me that if you bought it new 3 years ago, it might be hard to get that warranty setup. Regardless, the price is not significantly different even if you factor in interest for 3 years on the price. It would be different though if you sold it shortly after the 3rd year as far as how much you get back prorated.
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Replying to: hiltonmj (Jan 11, 2009 2:04 pm) What you stated is completely untrue. The key word is not "pre-owned" but the key phrase is "pre-owned plan" which is the phrase that Saccuccui used in their website. It defined what a pre-owned plan was "(vehicles over 6,000 miles)". There was no designation made that the vehicle needed to be re-sold to qualify for that plan. "Pre-owned plan" is just the phrase that Honda Care uses to refer to plans they sell for vehicles that are higher than 6,000 miles. Granted it's probably a confusing phrase. Note that you did not post any link or reference to back up your claim that the coverage would go back to whatever odometer reading the vehicle had when it was sold (whether new or used) nor will you be able to because what you said is completely false information. |
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Replying to: brianNH (Jan 11, 2009 2:26 pm) But you're assuming that they offer a 72m/84k warranty for a vehicle just shy of 36m/36k, and that's not the case. Just go to myhondawarranty.com, enter a 2006 vehicle with 35,000 miles and you'll see that the longest warranty you can get is now 60m/60k. Added to the factory warranty, that is less than the total amount of coverage you could've gotten if you had purchased one of the pre-6,000 mile plans.
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Replying to: jet10000 (Jan 11, 2009 4:01 pm) Thanks, mkielm
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