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Extended Warranty - Worth It????



 
 
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  #11  
Old September 1st 05, 11:37 PM
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All depends on you, your finances, and whether it's easier on your
nerves. I'm getting it on my '04 Accord and MDX.

You can buy the Honda warranty up to two years after buying the car,
without a penalty. Thereafter, they stick you with extra charges.

There are some gotcha's with the Accord that are just a shocker. The
boots will almost certainly fail after 5 years or so, unless you spray
them with silicone regularly. Over $300 for that, and as a known
repair, so you know you're getting your money back. And the MDX has
front AND rear boots.

A fair number of Accords are having their radio & a/c display go black.
If you're out of warranty, it's $900. Wow.

Both the MDX and the Accord are built in USA. Sorry, but there's no
chance they'll be as reliable as a built in Japan model.

>From the anecdotal reports on the web, Honda still goes a little

further on the consumer's behalf to allow repairs under warranty, even
if it technically doesn't cover it. For example, just wearing out as
opposed to breaking. (No, I don't mean brake pads, belts and other
things normally seen as wear items, but "just wore out" is a common
tactic that other extended service contract companies use to avoid
coverage.)

You can buy a Honda warranty from any dealer. Negotiate. Buy from
another state, and you won't be charged sales tax.

Will you break even? Statistically, no. How could you? The money has
to come from somewhere to pay for repairs, and there is office overhead
to cover. But, you also won't be hit in the face with a huge repair
bill that you haven't budgeted for. It's likely that buyers end up
paying several hundred dollars more, to avoid the potential for several
thousand in repairs. At least when something breaks, you'll be smiling
because you're getting your money's worth. That'll be a new experience
for me.

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  #12  
Old September 2nd 05, 11:12 AM
Pars
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In the past, New car warranty always had a $0 deductible. So, that
particular
selling point wouldn't be a motivator in my opinion (in fact, I'd have
opposite effect since it'd make me feel like I'm getting manipulated).

Also, you haven't specified the type of warranty. The good one is
comprehensive bumper to bumper cover, oppose to only power-train coverage.

Personally, I'd never get the extended warranty. I can trust the manufacture
to come clean on their warranty. But if the Dealership is going to take the
lost on the extended warranty, I'd trust them as far as I can spit.

Pars

"BostonHondaGuy" > wrote in message
lkaboutautos.com...
> Please Help!!
>
> I was at a dealership last night and I think I got pressured into getting
> the extended warrantee on a new 05 Honda Accord. After some negotiations,
> they dropped the price of the 8year/120k mile w/$0 deductible from $1,500
> to $1,100. But there was a problem with a paper work so they need to redo
> the paper work so this gives me an opportunity to delete the extended
> warrantee.
>
> I bought an extended warranty on my last car (a used 99 Saab) and I
> definitely broke even. But that was a Saab and one of the reasons why I'm
> buying a Honda.
>
> Basically, is a 8year/120k mile w/$0 deductible for $1,100 worth it?
>
> Thank you in advance!!
> Paul
>
>



  #13  
Old September 2nd 05, 03:44 PM
E Meyer
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On 9/1/05 5:37 PM, in article
,
" > wrote:

> All depends on you, your finances, and whether it's easier on your
> nerves. I'm getting it on my '04 Accord and MDX.
>
> You can buy the Honda warranty up to two years after buying the car,
> without a penalty. Thereafter, they stick you with extra charges.
>
> There are some gotcha's with the Accord that are just a shocker. The
> boots will almost certainly fail after 5 years or so, unless you spray
> them with silicone regularly. Over $300 for that, and as a known
> repair, so you know you're getting your money back. And the MDX has
> front AND rear boots.



I've never heard of an extended warranty that covered axle boots - its
always considered normal wear. Is this confirmed that they are covered by
Honda?


>
> A fair number of Accords are having their radio & a/c display go black.
> If you're out of warranty, it's $900. Wow.
>


I suppose if you can get them down to under $900 on the extended warranty
with no deductible and you are sure this is going to happen, then you might
break even on it.

> Both the MDX and the Accord are built in USA. Sorry, but there's no
> chance they'll be as reliable as a built in Japan model.
>
>> From the anecdotal reports on the web, Honda still goes a little

> further on the consumer's behalf to allow repairs under warranty, even
> if it technically doesn't cover it. For example, just wearing out as
> opposed to breaking. (No, I don't mean brake pads, belts and other
> things normally seen as wear items, but "just wore out" is a common
> tactic that other extended service contract companies use to avoid
> coverage.)
>
> You can buy a Honda warranty from any dealer. Negotiate. Buy from
> another state, and you won't be charged sales tax.
>
> Will you break even? Statistically, no. How could you? The money has
> to come from somewhere to pay for repairs, and there is office overhead
> to cover. But, you also won't be hit in the face with a huge repair
> bill that you haven't budgeted for. It's likely that buyers end up
> paying several hundred dollars more, to avoid the potential for several
> thousand in repairs. At least when something breaks, you'll be smiling
> because you're getting your money's worth. That'll be a new experience
> for me.
>


  #15  
Old September 2nd 05, 05:26 PM
Jason
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Posts: n/a
Default

In article >, E Meyer >
wrote:

> On 9/1/05 5:37 PM, in article
> ,
> " > wrote:
>
> > All depends on you, your finances, and whether it's easier on your
> > nerves. I'm getting it on my '04 Accord and MDX.
> >
> > You can buy the Honda warranty up to two years after buying the car,
> > without a penalty. Thereafter, they stick you with extra charges.
> >
> > There are some gotcha's with the Accord that are just a shocker. The
> > boots will almost certainly fail after 5 years or so, unless you spray
> > them with silicone regularly. Over $300 for that, and as a known
> > repair, so you know you're getting your money back. And the MDX has
> > front AND rear boots.

>
>
> I've never heard of an extended warranty that covered axle boots - its
> always considered normal wear. Is this confirmed that they are covered by
> Honda?
>
>
> >
> > A fair number of Accords are having their radio & a/c display go black.
> > If you're out of warranty, it's $900. Wow.
> >

>
> I suppose if you can get them down to under $900 on the extended warranty
> with no deductible and you are sure this is going to happen, then you might
> break even on it.
>
> > Both the MDX and the Accord are built in USA. Sorry, but there's no
> > chance they'll be as reliable as a built in Japan model.
> >
> >> From the anecdotal reports on the web, Honda still goes a little

> > further on the consumer's behalf to allow repairs under warranty, even
> > if it technically doesn't cover it. For example, just wearing out as
> > opposed to breaking. (No, I don't mean brake pads, belts and other
> > things normally seen as wear items, but "just wore out" is a common
> > tactic that other extended service contract companies use to avoid
> > coverage.)
> >
> > You can buy a Honda warranty from any dealer. Negotiate. Buy from
> > another state, and you won't be charged sales tax.
> >
> > Will you break even? Statistically, no. How could you? The money has
> > to come from somewhere to pay for repairs, and there is office overhead
> > to cover. But, you also won't be hit in the face with a huge repair
> > bill that you haven't budgeted for. It's likely that buyers end up
> > paying several hundred dollars more, to avoid the potential for several
> > thousand in repairs. At least when something breaks, you'll be smiling
> > because you're getting your money's worth. That'll be a new experience
> > for me.
> >


Hello,
Great post. An Extended Warranty is a bad investment except for one group
of people and I am part of that group. The people in this group WORRY more
then most people. An Extended Warranty is a great investment for us since
our cars are no longer a source of worry. I don't have to worry about my
car breaking down since the local Honda dealership will fix any major
problem. One person calls an Extended Warranty--"Peace of Mind".
Jason

--
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We do NOT respect the subscribers that enjoy criticizing people.



  #16  
Old September 2nd 05, 05:26 PM
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>
> WHY would anyone replace a OEM radio with another OEM radio?



So your air conditioning will work. You need to get down to the
stealer and see what's going on with 21st century cars. Maybe it'll
broaden your political horizons as well.

The MDX group on google confirms that Honda is paying for boots.
Anyone with word to the contrary, I would welcome the info. It is
certainly part of my calculations here.

  #17  
Old September 2nd 05, 07:09 PM
T L via CarKB.com
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Posts: n/a
Default

My dealer covered cracked boots at 80000kms. They replaced them with ones
that look different, I now have 230000kms and these boots still show no signs
of cracking or wear, and i NEVER spray them with silicone or anything for
that matter.

t

wrote:
>> WHY would anyone replace a OEM radio with another OEM radio?

>
>So your air conditioning will work. You need to get down to the
>stealer and see what's going on with 21st century cars. Maybe it'll
>broaden your political horizons as well.
>
>The MDX group on google confirms that Honda is paying for boots.
>Anyone with word to the contrary, I would welcome the info. It is
>certainly part of my calculations here.



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  #18  
Old September 2nd 05, 07:10 PM
SoCalMike
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BostonHondaGuy wrote:
> Please Help!!
>
> I was at a dealership last night and I think I got pressured into getting
> the extended warrantee on a new 05 Honda Accord. After some negotiations,
> they dropped the price of the 8year/120k mile w/$0 deductible from $1,500
> to $1,100. But there was a problem with a paper work so they need to redo
> the paper work so this gives me an opportunity to delete the extended
> warrantee.
>
> I bought an extended warranty on my last car (a used 99 Saab) and I
> definitely broke even. But that was a Saab and one of the reasons why I’m
> buying a Honda.
>
> Basically, is a 8year/120k mile w/$0 deductible for $1,100 worth it?


the first 3 years/36k miles are covered free. so basically youre getting
an additional 5 yrs. at $220/yr. you think youre gonna need $220/yr woth
of work done?

my 98 civic has only needed an O2 sensor since the 3yr warranty
expired... which cost $220.

save your money, but DONT ignore the preventative maintenance...
oilchanges, plugs, filters, etc.
>
> Thank you in advance!!
> Paul
>
>

  #19  
Old September 2nd 05, 07:15 PM
SoCalMike
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slim wrote:
> WHY would anyone replace a OEM radio with another OEM radio?


when the stereo is multiplexed in with every other computer controlled
function on the vehicle.

like the 96-00 civics, which had the alarm built in to the stereo.
stupid as hell, but what can ya do?
  #20  
Old September 3rd 05, 04:38 PM
slim
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Posts: n/a
Default



wrote:
>
> >
> > WHY would anyone replace a OEM radio with another OEM radio?

>
> So your air conditioning will work. You need to get down to the
> stealer and see what's going on with 21st century cars.


My 96 Civic will serve me just fine for at least another five years.

I did not know that bit about radios and AC's.

> Maybe it'll broaden your political horizons as well.


LOL! Got Halliburton stock options to protect?


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http://msnbc.msn.com/id/4865948/

On May 01, 2003, President Bush declared that,
"Major combat operations in Iraq have ended."

"I'm the commander -- see, I don't need to explain --
I do not need to explain why I say things. That's the
interesting thing about being the president.
Maybe somebody needs to explain to me why they
say something, but I don't feel like I owe anybody
an explanation. "
- George "Dubya" Bush
 




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