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Smart Shopper Honda Extended Warranties Pricing and Info
3115 messages, Last post on Dec 06, 2009 at 10:39 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Replying to: brucelee24 (Aug 03, 2009 9:29 am) Can you tell me which dealership so I can buy one too? Thanks.
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Replying to: christhuy (Aug 03, 2009 9:45 am) The extended warranty I bought was from Anderson Honda in Palo Alto. I bought a 4 cylinder Honda Accord EXL from them for $22488. When discussing the HondaCare extended warranty, I told him I found the online prices and he was will to sell the 8year/100kmile HondaCare for $980. |
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Latest from Saccucci's website is as of Jan-09 says Honda can ban sales of Honda Care warranties online, which is exactly what Saccucci has been doing. The latest is Honda is not yet enforcing this ban, and hence question is will the contracts bought from Saccucci be suspect in the future and not honored by American Honda if and when it chooses to play rough? Thanks in advance for any response.
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Replying to: spamnot (Aug 06, 2009 5:30 am) No, there's no chance of this. The dealer is an just an agent, but the contract is with Honda. The contract comes from the Honda corporate office. Honda would have no legal means to cancel the contract after they accepted the money and issued the documents. Regardless of any potential ban that may have existed, a judge would rule that Honda knowingly entered into the agreement and must thus keep it. Plus, do you really think Honda would want to anger future customers to even attempt something like that given the state of the car market?
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Replying to: jet10000 (Aug 06, 2009 6:24 am) People need to remember this is not an ugly lawsuit. Everything between Saccucci Honda and American Honda is very amicable. We still have a great business relationship, and there is no hostility on either side. The talk about Honda invalidating warranties is complete nonsense! -Gardiner |
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Replying to: jet10000 (Jun 01, 2009 7:57 am) Now, they are our closest Honda dealer (in Lewiston, ID) so we want to have a good relationship with them otherwise we have to do a longer drive to Spokane if we need any work done. We got what we thought was a good deal on the car (some money knocked off as it was a demo). And we financed with the sales tax and the warranty wrapped into the financing and we are putting $3000 down, that they have now reduced to $2600 while keeping the financing at the same amount - but the difference between what they have offered and Saccucci is still around $400...so I'm wondering what you kind folks in this forum would recommend? Sorry about the massive message - I'm normally a bit better about getting a good deal, but the rush to get the cash for clunkers money made me skip a corner too many I think! |
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I bought a Honda Civic a week ago. Two days later I told them I decided not to purchase the warranty for $964 plus tax. They said I could not get the money back now but would receive it at the end of the loan term. Any thoughts on my next move?? Also - if I do get the$964 back - will I also get the tax back? Thanks |
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Replying to: iznbrth (Aug 06, 2009 9:29 pm) tidester, host SUVs and Smart Shopper
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Replying to: iznbrth (Aug 06, 2009 9:29 pm) The money from the canceled warranty will go to the lienholder, who will then reduce your loan balance by that amount. That won't change your payment, but your loan will be paid off sooner, due to the lower balance. So... you are sort of getting it back at the end of the term... through fewer payments on the loan. This is why a lot of these warranties don't get canceled, and why there is so much pressure in the finance office. A lot of people can't come up with the cash to pay for a warranty upfront, so they have to finance it. regards, kyfdx |
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Replying to: tidester (Aug 06, 2009 9:45 pm) No, that's not the policy of a typical Honda Care. If you sell your car for example, Honda Care will give you a prorate based on the mileage/time left in the contract. There are some Honda Care sellers that add the option to refund in full if you don't use the warranty. However those options are sold at a premium and may be hard to comply with. But that is definitely not a standard Honda Care feature. |
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