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HondaCare Extended Warranty Price? Is it worth it?

95 messages, Last post on Nov 04, 2009 at 7:15 PM
You are in the Honda Pilot Forum. Your Hosts are steve_ & tidester
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We don't drive as much as most, so it is possible that with "Normal" driving, the problems would have occurred during the 36 month factory warranty. On my '03 Pilot, there have been several minor but costly items that broke after the 36 months, even though the car had less than 27K miles on the clock. Total cost I would have had to pay has just about equaled the price of the 7/75K "Honda Care" extended warranty (EW). Plus I still have nearly 3 years of EW left. My wifes '03 CR-V just recently destroyed the AC compressor at about 31K miles and 50 months. Honda recommended replacing the entire AC system due to contaminates floating around. Even the hoses! Total price= $3000+/-! "Honda Care" paid the entire cost and supplied a (free) rental car for the day. There are just too many things on modern cars that can go bad. I wouldn't even consider buying a new car without the EW. FWIW: My son had an EW from a 3rd party insurance company (bought through the dealer) on his Chevy Suburban. His transmission went out while he was coming here, to Ga., from Indiana. He managed to limp to our house and we got it to a dealer the next day. It took 10 days for the dealer and the "after market" EW company to agree on the replacement of the tranny. I believe the manufacturer's EWs are the best way to go. Kip |
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| Are you aware that when you buy a Honda Care policy with your new Honda that the extended warranty begins then? I traded my 2005 Honda Pilot in after 2 years, 25000 miles, and I only got a $1000.00 back from the $1600.00 that I paid for the warranty. Shame on Honda !!! I never used the warranty, car was still under manufacturer's warranty. If I had known that the policy was going to be prorated from the time of purchase I would have waited until the manufacturer's warranty was nearly expired, then I would have have bought a policy. P.S. I traded the Honda Pilot off because of very poor gas mileage - it was not at all at what was advertised. So - BEWARE OF HONDA - and don't buy a Honda Care policy that won't be refunded !! | |
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Replying to: stage (Sep 15, 2007 6:42 pm) Well, you may not have used the warranty but you did have coverage during that two year period (which you certainly wouldn't expect to be free) and the fact that you didn't file a claim does not negate the fact that you had coverage. If I had known that the policy was going to be prorated from the time of purchase ... Unfortunately, the refund contract clearly states that you will get a full refund only if no claims are paid AND if "the service contract runs the full months term." Your contract did not run the full term. tidester, host SUVs and Smart Shopper
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Replying to: tidester (Sep 15, 2007 9:14 pm)
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Replying to: stage (Sep 16, 2007 4:38 pm) Though it may be desirable, the finance officer is not going take the time to walk you through every detail of the contract. And that makes for a very good reason to carefully read any contract before signing it. FWIW, I would have had qualms about signing that one myself with all the exclusions and exceptions - but that's just me. tidester, host SUVs and Smart Shopper |
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Replying to: stage (Sep 15, 2007 6:42 pm) |
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Hello all, I bought my Pilot VP 4WD about a week ago from Planet Honda, Matteson, IL. Since I didn't do enough of researching (pls. don't look at me like that), I bought the extended warranty from them (6yr, 100K mile, Platinum coverage) for a whopping $1689.00 1. Can I cancel it without any major issues? Have anyone done this before? 2. If they offer to re-negotiate/match price, is Saccucci Honda's price is the best one in terms of price and coverage? 3. The warranty I got from them doesn't read Honda Care. The paperwork has something like 'The Mechanic' printed on top, and I don't see Honda Care anywhere. Because of that, would there be a problem for me to get the price match. I'd really appreciate any comments/suggestions/directions. Thanks all. |
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Replying to: andylaksh1 (Mar 10, 2008 4:32 pm) Good luck
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