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Smart Shopper Honda Extended Warranties Pricing and Info
3115 messages, Last post on Dec 06, 2009 at 10:39 AM
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Replying to: momoftwoma (Mar 23, 2009 9:07 am) Thanks. |
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Replying to: LocaRoja (Mar 21, 2009 10:53 am) Thanks so much for providing this information! I (for one) appreciate your thanks, and it sounds like you saved a considerable amount of money, but I think you could have done even better. How much was the zero-deductible warranty? I love Saccucci Honda, but the last time I looked at their site their zero-deductible warranty only cost $100 more than their $100-deductible warranty. Thus, I consider Saccucci's pricing structure to be something of an intelligence test and/or a gentle trap for the unwary. Let's do the math: You go in for a covered repair and it costs you $100. Now you're at break-even with the cost of the zero-deductible warranty. Later you go in for another covered repair and pay another $100, and now you're $100 behind. Every time you go in for a covered repair you fall behind an additional $100. Not only is it costing you a lot more, but you now have a disincentive to getting your car repaired and you are more likely to "accept" the problems without getting them fixed. With that sort of pricing structure I can see no real justification for choosing the $100-deductible warranty over the zero-deductible warranty, since the only way you can possibly come out ahead is to never use the warranty at all. |
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I put some money down on a 2006 Honda Accord, 32K miles. Its past the 3 year mark since birth. I agreed to make it a "Honda Certified" auto for $500 which gives me the 12 months/12K bumper to bumper warranty & powertrain to 100K while they bring the car up to spec if anything is wrong. I don't know why I allowed myself to agree to this, but I got the car for a good price and the 30 day warranty wasn't enough. Yesterday, they offered me the EW for $1500 which would cover the 68K miles/44 months remaining before 7 years and 100K miles. I turned them down. Today, they lowered it to $1000. Is it worth it? The car is in good shape but stuff happens. Need some advice before tomorrow please.
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Replying to: njhondadude3 (May 05, 2009 4:58 pm) |
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Replying to: njhondadude3 (May 05, 2009 4:58 pm)
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Replying to: dtownfb (May 05, 2009 6:49 pm) The EW covers stuff that breaks, bumper to bumper. For example, the AC or electrical issues. Do I feel lucky about this car to not have $1000 of repairs in the next 3.5 years? I don't know, this is my first Honda. If I don't decide tomorrow, I still have until the end of the certification period (12k/12 months) to get one. Just wanted opinions on the cost and whether it made sense.
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Replying to: njhondadude3 (May 05, 2009 7:05 pm)
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Replying to: dtownfb (May 06, 2009 7:39 am)
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Replying to: njhondadude3 (May 06, 2009 8:01 am) |
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Replying to: njhondadude3 (May 05, 2009 4:58 pm) Bottom line always ask and then let them show it to you in the agreement where it says it, nobody ever seems to give a straight answer when you ask that question, again no matter what kind of warranty you get. |
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