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Honda Extended Warranties Pricing and Info

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Comments

  • jatanjatan Posts: 92
    Honda Care has $0 and $100 deductible options -- $0 ded is priced higher but worth it
  • Helping my mother with her purchase of a 2013 Honda CR-V EX-L. She is insistent on getting the Honda Care. The Honda dealership quoted us $2,200 for the Honda Care (84-month, 100K)!! The quote I received from Saccucci Honda today for the same term ($0 deductible) is $950. My mother would like to roll the cost of the Honda Care into her financing so we're going to try to get the dealer down. If not, I will try to persuade her to go with the on-line version (using a small piece of her large downpayment). Can anyone give me any cons to going with an on-line seller of the Honda Care rather than the Honda dealer where we're purchasing the Honda? Thanks in advance!
  • jatanjatan Posts: 92
    Unless they offer it for $950-$1100, I wouldn't bother with the dealer -- if you're paying $1200+ just to roll it into your financing its a waste of $250+

    The online dealer may offer a 6-12 month payment plan if you can't pay it all at once -- ask them to see what options are available
  • There are no cons to buying online. Unless someone intercepts your credit card information or something. I told my sales guy that I had an $1100 offer. His guy got as low as $1200. Dealerships know that these high-volume online guys exist. They should be able to lower their price, especially if they make some money on your financing.
  • jet10000jet10000 Posts: 656
    Can anyone give me any cons to going with an on-line seller of the Honda Care rather than the Honda dealer where we're purchasing the Honda?

    There are no cons. The paperwork gets mailed from the same Honda corporate office whether you buy it from the local dealer or the online dealer. The only difference is the price you pay.
  • dwynnedwynne Posts: 4,018
    Anyone know if the TPMS (Tire pressure monitoring system) is covered under the HC warranty or not? Contracts I looked at don't exlude on include it - they do exclude "Valve stems" and include "sensors" and "computers".

    The TPMS light in my 08 S2000 is on. The low tire light is OFF and the tires are properly inflated. So a fault in the system, bad sensor, etc.

    Thanks!
    Dennis
  • jatanjatan Posts: 92
    If the sensors are defective then yes -- if the sensors are damaged (you hit something or if you were at a tire shop and they damaged it) then most likely no

    Quick google search for "honda care tpms" shows defective sensors were covered under HC, like post 13 & 16 here: http://www.hondasuv.com/members/showthread.php?t=53137

    Sometimes a sensor may lose programming so it might just need to be reset with a TPMS tool (dealer or any tire shop) -- had this happen recently on my Nissan. The TPMS light would flash for a minute after starting the car and then remain solid -- I checked sensor readings on the nav screen and it wasnt picking up one of the sensors. Didnt feel like paying to have it checked out so I left it alone hoping that the sensor would wake up on its own, but it never did (left it like that for 3-4 months)

    The dealer where I bought the car from sent me a $20 oil change + tire rotation + free inspection coupon in Dec so I decided to go in to see what they would say. They didnt bother asking me anything about the TPMS light -- the tech working on my car simply checked the tire pressure and then reprogrammed the sensor for free. Been driving around for a month and the light hasnt returned *knock on wood*
  • Update - the Honda dealer here matched our on-line quote of $1,170 from Saccucci Honda for the 96 month - 120K Honda Care, which I didn't think would happen! The dealer said the Honda Care for this term was running at $2,200, but that he could offer a $300 discount. I politely interrupted and said that we were going with the on-line offer for $1,170. After a long pause, he said he would match it. Then he asked me what on-line dealer made that offer. He said there was an East Coast Honda dealer that Honda was angry with for offering Honda Care at below cost. No other info was shared and we moved on. Overall, my mother was happy with the outcome.
  • I'm wondering if the Honda Care is actually worth whatever it is that you pay? After working hard to find the best price in my area do I want to then negate that savings with the Honda Care service? Anybody have any idea on cost if waiting until nearly out of original warranty and then looking at Honda Care at say the 5yr 60 K level?
  • It's my understanding the sooner you buy Honda Care the lower the price. It will certainly go up as you near the end of the Mfg. Warranty.
  • jatanjatan Posts: 92
    Honda Care extends your factory bumper-to-bumper warranty (its not car maintenance/service) and you can find it cheaper from online Honda dealers (check the last few pages in this thread for links)

    First find a good deal on a new Honda and buy the car then you can buy HC online if you want to extend the factory warranty. You have until 6m/6k miles to get HC "new car" pricing -- after that the price goes up (you have to buy it before your 3yr/36k mi warranty expires)

    It varies from person to person on if HC is worth it -- if you plan on having your car fixed at repair shops then buying HC for a discounted price online is worth it (that way you can take it to any Honda dealer if there's a problem and have it repaired with original Honda parts). If you can do some repairs yourself or you live in an area where there are good independent repair shops then it may not be worth it

    Another thing to consider is if you're buying a newly redesigned model or end of the life model. On the 06-11 Civic, the early 06-08 models had problems that were fixed in later 09-11 models. On the 08-12 Accords, the early 08-09 models had problems that were fixed in later years. If you're buying a newly redesigned model then its probably worth it -- if there are problems with the early models and it takes Honda 3-5 yrs for them to admit the problem and issue technical service bulletins then your extended HC warranty will cover it. Only car recalls are fixed for free with or without warranty, but TSBs are only free if you're still under warranty

    When I bought my '11 Civic LX, I decided to skip HC since the LX is just a basic trim (nothing fancy inside) and '11 was the final year of that Civic model (most of the car problems from 06-08 Civics were fixed in 09-11 models). Another thing is that I can do small repairs myself and if something big comes up after the factory warranty expires then I have a couple of good independent shops where I can take my car to. I also like to do my own maintenance earlier than necessary with quality parts/fluids so I know that its done right and that I shouldn't have any problems due to lack of maintenance
  • kenkenkenken Posts: 21
    It increases after 6 months and.or 6000 miles. I would think that with the average Honda, you would not have to worry about 5 years...that said, I have had a multitude of problems with my 2011 Odyssey which has made the 96/120 HondaCare warranty worth the $1170 I paid for it.

    It's like health insurance...it's a total waste of money until you get sick!
  • sandman_6472sandman_6472 Coral Springs, FLPosts: 2,576
    Didn't buy one and the couple of real issues I had, were taken care of by TSB's and I got reimbursed from Honda by 1/2 for the tires and a/c issue so I'm definitely ahead here. And sadly, this will be my last Honda as nothing they have is doing it for me. If by 2016 or 2017 they do, then I might change my mind. But for now, staying the course.

    The Sandman :) :sick: :shades:

    2014 Hyundai Tuscon SE/2005 Mazda 3s/2008 Hyundai Accent GLS/2009 Nissan Versa SL hatch

  • joncab5joncab5 Posts: 8
    I bought my extended warranty from Saccuri Honda last summer (2012) and had no issues. Great Price. Local dealer could not even get close. I told them I was buying online and they actually complimented me on being a really smart customer.
  • joncab5joncab5 Posts: 8
    I have had great luck too. Very easy and all was done online.

    Saved me lots of money.
  • drezheredrezhere Posts: 12
    edited March 2013
    Hi, did you buy the HondaCare extended warranty? If so, what is the model and year of your vehicle? Have you used the HondaCare warranty? I recently purchased a 2013 Honda Accord EX sedan. It is the brand new redesigned model year for the Honda Accord. I can purchase the HondaCare 8 Year or 100,000 mile extended warranty for $970. It will cover everything under Honda's normal 3 year or 36,000 mile warranty and is backed by Honda. I am trying to determine what other people have done, to help decide if I should purchase the extended warranty or save my money and hope for the best? Thank you and have a great day!
  • I am thoroughly confused by the different plans, HC, Sentinel & Maintenance!
    Does HC extended coverage INCLUDE, Sentinel road hazard, concierge, etc, or must that be purchased separately? (road hazard seems to be excluded in NY?).
    The dealer seemed to be presenting the plans like "3 card monte", the only thing I was dissatisfied by the new purchase!
    If extended HC is purchased thru Hyannis, Bernardi, etc, is the Honda payment plan an option, or one total payment?
  • jatanjatan Posts: 92
    Online dealers probably have payment plans -- contact one of them to see what they offer

    Your dealer may offer 3rd party protection plans (they'll have brochures in the finance dept), but here are the different Honda products:
    http://www.hondafinancialservices.com/finance/extended-services (brochure links on the right)

    Honda Care -- extends bumper to bumper warranty and offers these benefits (no oil changes or road hazard tire coverage):
    http://www.hondafinancialservices.com/static/pdf/Honda_Care_Coverage_Details.pdf-
    Roadside Assistance1, 2
    Concierge Emergency Service1, 2, 3
    Rental Car Reimbursement1
    Trip Interruption Benefit1, 2
    Personalized Travel Plan2, 8
    Interest-Free Payment Plan4
    Extensive Component Coverage5
    Service You Can Depend On6
    Transferable Coverage1, 9
    Commercial Use Coverage7

    Honda Care Sentinel Services™: This plan covers oil changes according to your vehicle’s Maintenance Minder.
    http://www.hondafinancialservices.com/static/pdf/Honda_Care_Sentinel_Coverage_De- tails.pdf
    Both Sentinel plans also include a suite of benefits such as road hazard tire protection10, concierge emergency service1, 2, 3 and roadside assistance1, 2.

    Honda Care Sentinel 3/45. This premier plan provides both oil change and extensive component coverage for three years or 45,000 miles.
    http://www.hondafinancialservices.com/static/pdf/Honda_Care_Sentinel_345.pdf
    Both Sentinel plans also include a suite of benefits such as road hazard tire protection10, concierge emergency service1, 2, 3 and roadside assistance1, 2.
  • sandman_6472sandman_6472 Coral Springs, FLPosts: 2,576
    Assume the more services, the higher the price...correct? Sometimes for one's piece of mind, these warranty's are the way to go but sometimes not. Depends on one's perception and feelings towards risk and of course, the vehicle. By and large, Honda's should be pretty reliable but the more electronic gizmo's, I guess the need for the warranty goes up. Makes sense in these cases.

    The Sandman :) :sick: :shades:

    2014 Hyundai Tuscon SE/2005 Mazda 3s/2008 Hyundai Accent GLS/2009 Nissan Versa SL hatch

  • ken117ken117 Posts: 178
    Before spending money on an extended warranty, why not think about how pricing for these service contracts is developed. People who are experts about the repair history of vehicles develop the price they will need to charge for these contracts and make a profit.

    These experts understand the majority of owners will spend less than the price on repairs over the period covered by the contract. Therefore it is reasonable for a buyer to conclude the cost to repair all events covered by the contract will be less than the cost of the contract for most buyers.

    Making the purchase of a service contract even more dubious is dealers also include their profit, which can sometimes be more than the actual cost of the contract.

    Dealer finance and insurance people are experts at making potential service contract buyers believe they need the contract. Fear is the dealer's best weapon. I always find it amusing to ask the F&I person, when they play the repair fear card, why I should buy the vehicle if it has such poor reliability?
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