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
#3687 of 3848 2009 Honda OdysseyTouring Certified
Sep 28, 2012 (11:56 am)
Hi, I am planning to buy a 2009 Hodna odyssey Touring model, mileage are 41k and it is certifed comes with 1 year/12k Honda certified coverage and 7years/100k powertrain and transmission warranty. Dealer is telling me that I should get Wrap around coverage to cover for after 1 year period. The coverage goes for 7years/100k miles through Olympic Care warranty. Van is already 3 and 1/2 years old, and when I buy it will come with 1 year/12k warranty, so essentially I will be paying around 1800 dollars for only 2 and 1/2 years. Van appears to be in great shape and is Honda dealer maintained. What kind of problems are common on these odysseys and is it advisable to get this extended Wrap Around Coverage?
If I don't buy now, what other options I have when I get closer to 1 year ending certified warranty.
Oct 08, 2012 (9:35 pm)
I purchased a 2012 CR-V (New) 2 days back and the dealer trapped me into buying their extended warranty- Honda Care- saying I can only purchase it at the time of purchasing the car. I felt the cost was extremely high ($2300 + tax) for the 8yr/100K miles with $100 deductible.
I then came across this forum where the 3 sites listed offer reasonable price extended warranty (Honda Care) which is exactly the same thing I purchased for probably 3 times the price I am seeing online.
The document says I can cancel the warranty within 60 days for a full refund. Will I then be able to purchase it from one of the websites listed above?
Please help me.
#3689 of 3848 Re: kash [kaushalcshah]
Oct 08, 2012 (10:30 pm)
Definitely got ripped off $2300 -- that $100 deductible will also add up even if you have just a couple of repairs between 36k-100k miles (at that price you're better off keeping the $2300 on the side and paying for repairs out of pocket)
Just contact one of the online dealers to see what the procedure is and if Honda still allows it (I'm pretty sure they do) -- I think it may take a couple weeks for your cancellation to go through from the first dealer and then you'll be able to rebuy it (you might have to pay a $50-100 fee when rebuying but you'll still come out ahead, ask the online dealer to make sure)
You have 6 months/6k miles to buy the warranty at "new car" pricing, after that the price goes up a little and the 8yr option goes away -- you should have more than enough time to cancel & rebuy it within that time frame
#3690 of 3848 Re: kash [kaushalcshah]
Oct 09, 2012 (7:39 am)
Definitely cancel. My HondaCare from Hyannis Honda for a new 2011 Honda Odyssey was $1295 for 8 years/120k miles, $0 deductible. That could have increased slightly since then (but it should be lower for a CR-V)...It's not that the dealer "ripped you off" it's simply that they charged retail instead of discounting it. By all means, cancel it and take you chances after the warranty (not a bad bet on a Honda) or buy the discounted HondaCare warranty if you plan to be a long-term owner!
#3691 of 3848 Re: kash [kenken]
Oct 09, 2012 (8:45 am)
Or do what I did and let them have a chance to make it right. I had exactly the same situation back in 2009 on a new pilot. I called up my rep and said that I know the business manager misled me when he said that I had to buy the warranty "right now". I told him I clearly have 6 months or 6k miles and anything else is a lie. Then I told them what I could get the warranty for online (a Honda Care warranty, not a 3rd party) and that I intended to cancel the warranty unless I could get a fair price. They came back with a price that was $100 over what I could get for the 8year/120k/$0 deductable online. I figured $100 was worth the hassle of not cancelling and rebuying. Given the choice, I'm sure they will "take the unit" instead of nothing.
When I bought a used Accord earlier this year, I used my knowledge of the online pricing and told them straight up that I knew exactly what the true value is and negotiated the contract I wanted at a price I wanted. He said "well, I could use the unit anyway so what the heck".
#3692 of 3848 Re: Update on Fleeced by Finance [ahd3]
Oct 11, 2012 (1:52 pm)
Exact same experience. I so wish I had read this post before going to the dealer last Saturday.
Cancelling the warranty after 3 days of buying the car, the process will take 3-4 weeks to refund the money, I continue paying interest on something I am not using, the APR remains and the same monthly payments which means now I need to finish off my payments 11 months earlier. I wish I had known this .. your experience sounds like my story.
Lots of lies, misleading, miscommunications. Lost $ and a lot of time.
CRV is great but the experience was so awful. Extremely disappointed
Oct 11, 2012 (1:59 pm)
thanks jatan, kenken and brianNH
brianNH, I did as you stated. I went to the dealer on Tuesday and wanted to cancel the warranty. They offered to match the EW price of the online dealers.
Everything went fine and as planned till this morning when I got a call from another Finance manager at the dealership saying they cannot match the price. So one more lie and miscommunication.
2 more trips to the dealer, more delays and waste of time.
Hopefully this is my last trip and I will never see those people again.
#3694 of 3848 Re: kash [kaushalcshah]
Nov 05, 2012 (10:20 am)
Just wondering if you got all the answers you were looking for, my dealer tried to sell the 8/100k for over 2K, i widdled down to 1500 and took it knowing i had 60 days to get a full refund. After reading the forum, I'm probably going to offer less to the same dealer first before going elsewhere. I purchased a 2013 Accord EXL w/Nav and thought with all the new features, engine, and trans it might be a good idea. Any help on this would be greatly appreciated
#3695 of 3848 Re: kash [scraw33]
Nov 07, 2012 (6:24 pm)
I bought a 2007 Honda Odyssey today with 86,000 miles. Came home to look at options for extended warranties, but it looks like my van is one year too old! Any other options you all recommend? I've looked at the AAA extended warranty but I'm unsure about them.
Nov 13, 2012 (9:57 am)
I have a 2013 Accord EXL w/Navi. I'm thinking about buying Honda Care for it with the 7yr/100,00 mi zero deductible. Anyone know who has the lowest price on line?