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SUVs Honda Pilot HondaCare Extended Warranty Price? Is it worth it?
95 messages, Last post on Nov 04, 2009 at 7:15 PM
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Replying to: mercara (Oct 17, 2008 7:31 pm)
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Replying to: parviz (Oct 09, 2008 5:51 pm) I called Honda Care and when I asked them about my warranty, they said I could get a full refund in the first two months after purchase. However, if I wanted to buy another Honda Care policy on my new vehicle, it would have to be done within 30 days of the original vehicle purchase date. After that date, they would not allow me to cancel one Honda Care policy and then purchase another Honda Care policy on the same vehicle - my only option would be to get a third market extended warranty, which we did not want to do. They also said that we could not buy a new Honda Care policy until the old one had been cancelled, since their system would not allow two policies on the same VIN number. So I had to cancel my old one and buy a new one in the first 30 days. They directed me to my original dealer to complete a "Cancellation Request Form." Before we made our decision, I decided to see if I could actually buy the warranty from My Honda Warranty or from Bernardi Warranty since there seems to be some confusion about getting these online, especially in California and Florida. The price of the 84 month 100,000 mile $0 deductible extended warranty on my new 2008 Honda CRV was $785.00 on both of these websites, a savings of $615.00 from the $1,400.00 I had paid at the dealer. I called both vendors but unfortunately, both told me that they COULD NOT sell the Honda Care extended warranty to me since I live in California, due to a court injunction and California insurance laws. I started calling all the local dealers, who were not very accommodating. Many did not want to give prices on the phone, some directed me back to my selling dealer, and others quoted really high prices. I was just about to give up when I discovered a dealer in El Monte, CA called Spirit Honda. I spoke to their Finance Department and explained that the warranty costs only $785.00 online. They told me that $785 was their cost and they did not understand how it could be sold at dealer cost online. They offered to sell me the same policy for $885.00 so they would make $100.00 and I would still save $515.00. DEAL!!! I was worried that they might not honor the price, they might be giving me a third party warranty, etc., but decided to just trust them (for once) and proceed anyway. I cancelled my old extended warranty by filling out the cancellation request form at my original dealer. I called Honda Care to expedite the cancellation (they were very nice.) Then I called Spirit Honda in El Monte and handled all the paperwork over the phone and via FAX. They assured me I would get the Honda Care warranty (not third party), 84 months, 100,000 miles and no deductible - the same thing I had before. We completed the transaction, and then I waited to get my Honda Care Welcome kit and my $1400.00 refund on the old warranty before I wrote this message. I have since received both the official Honda Care Welcome kit and the $1400 refund and everything is great. Now, we have the same exact coverage as before, but we paid $515 less !!! If you live in California and want to contact Spirit Honda in El Monte, CA, go to their website at spirithonda.com for contact information. Their address is 3464 N Peck Rd El Monte, CA 91731. Edmunds would not allow me to post the name and phone number of the person I dealt with, so if you need that information you will have to try to contact me somehow, then I can give it to you. By the way, I decided to keep my Honda Value Care Plan for the free oil changes since it was relatively inexpensive. Thanks again everyone for all your help. This forum saved me $515.00 and even though that is not a lot of money to some people, it is to me and my family. |
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Replying to: scottgbwi (Oct 18, 2008 10:50 am)
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Replying to: mercara (Oct 21, 2008 4:54 pm)  (sarcasm) While getting the Pilot serviced a while back, I noticed a "Supply and Demand" charge on most of the new Hondas. It was over $1700. That was in addition to the "Protection" package. There were a few people getting cars serviced , but I was pretty much the only person walking around in the new car areas. Their huge inventory suggested that sticker should have reflected a $1700 discount as their supply was far greater than the demand. In feel that all the above "haggle items" should be made illegal, because there are unsuspecting people that don't know any better. In my opinion, cars should have the selling price on the window. Period. No haggling on the purchase. Haggling would be reserved for the "trade in" allowance. Kip |
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Hi, I purchased new 2008 Honda CRV AWD in SantaClara, California. During the purchase of the car, finance department offered me “CAREFREE CAR PROTECTION” for 6 years or 100K miles for $2100 with platinum coverage. Dealer said I will be getting entire $2100 back if I wouldn’t use this protection from beginning of 4rth year to end of 6th year. They offered me this cash back only if I purchase this on the day the car was bought; if I have to buy this later no refund option is available. Could you please let me know if the $2100 is the best price for “CAREFREE CAR PROTECTION” and also is it worth buying this protection for a brand new car? Are there any other options available? I appreciate the responses, as I have few more days to cancel the policy with full refund. Thanks, Mahesh |
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Replying to: gmr78 (Oct 26, 2008 10:51 am) Platinum Coverage - do they really put platinum to cover your car? I think 24K gold (currently $900/oz.) is just fine for me. |
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Replying to: bigdadi118 (Oct 26, 2008 11:00 am) Rental car coverage, Towing coverage, Travel breakdown(hotel expenses), Diagnostic coverage etc... Silver and Gold includes the following coverage: Cooling, Fuel, air conditioning, Steering, Front suspension, Rear Suspension, Electrical. I am just wondering if any one has bought "Care free Car protection", if yes how much is the amount paid? Is honda care is better than this? Thanks
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Replying to: gmr78 (Oct 26, 2008 2:23 pm) I'm not sure what "CAREFREE CAR PROTECTION” is, but it sounds a lot like the Honda Care Extended Warranty. I also have a 2008 Honda CRV (but not the AWD model - just the base model.) I got the 7 year 100,000 mile coverage for $885 (see my earlier post) and it has a zero dollar deductible and also includes Rental Vehicle Reimbursement, Trip Interruption Reimbursement ($100 per day to cover hotel if more than 100 miles away from home), Roadside Assistance including towing, flat tire change, jump start, emergency fuel delivery, lockout assistance, etc. Covered items include Engine, Front, Rear and 4WD axles, Transmission, Chassis - Suspension, steering and braking system, fuel system, computers and electronics, Air Conditioning, Heating and Cooling systems, honda electronics, etc. So I don't see much difference in what you are getting. The only difference I could tell of what you have and what I have is the "refund" option if you don't use it. The Honda Care extended warranty allows a full refund in the first 60 days, after that, if you ask for a refund, it's pro-rated. With your Platinum coverage, it seems like the only way you'll get a refund is if you never use it. If that's the case, why would you want it anyway? It's like giving the dealer an Interest-free loan! For example, let's say something breaks in year 4 (i.e., Air Conditioner) and you find out it will cost $500 to fix it - if you use the warranty, you'll lose all $2,100 you paid. If you don't, there's $500 out of your pocket. Then if you have more breakdowns (radio, suspension, etc.) you'll have to decide each time if it's better to pay yourself or relinquish you rights to a refund. To me, that sounds like a bad deal. I think you should either get a Honda Care extended warranty for much cheaper (like the $885.00 I paid) or not get anything at all. My advice is for you to get your $2,100 back as soon as possible!
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Replying to: gmr78 (Oct 26, 2008 2:23 pm) Kip |
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