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Honda Extended Warranties Pricing and Info

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Comments

  • nortsr1nortsr1 Posts: 1,060
    (davant) People in Florida (most of the buyers) (and I live in Melbourne Beach)
    probably are not the "educated Edmunds" buyers that are the same as we who read here !!!! Remember, only a very small percentage of buyers probably know about the "comparison" shopping that is availabe in the othe 49 States that are not afforded to in Florida.
    We are being "ripped off!! Period!!! You can bet when this bill was originally passed...it wasn't for the benefit of the Florida consumer...it was for the benefit of the Insurance Alliance that spends a lot of money on Tallahassee!!! There is NO COMPETITION in this warranty field in Florida!!! (and compattition is supposed to be tha "American Way"???)
    If you like the idea of paying more than you have to, that is your perogative!!
    They don't complain because most of them don't know they are being "ripped off".
  • Dwynne,
    Please accept my apoliges for my mistake.
    Cindy
  • Just wondering if you all knew this, but I just spoke with someone today at Bernardi and they are no longer doing the 12 months free interest and charging on CC every month.

    Does anyone else know who would be doing this?

    Thanks much,
    Cyn in HI
  • dwynnedwynne Posts: 4,018
    I think that was a Honda special promotion - Bernardi got their money from Honda up front and Honda charged your card for the other payments. I think that promotion ended at the end of August - so I would not think you will find another dealer doing it now.

    Dennis
  • Thanks Dennis. I went ahead and purchased the 7/100/0 for $1051 today at Bernardi. Great deal as I went to other sites and it was more.

    Thanks for all your help.
    Cyn in HI
  • dwynnedwynne Posts: 4,018
    I "talked" with the guy at Bernardi yesterday and he said that about half the folks he asks say they heard about them from the Edmund's forum :D

    I think they were surprised about how many contracts they have sold. I told them as long as they keep giving good service and cheap prices they should have no trouble selling a lot more. I know mine was cheaper that I could get elsewhere, for sure.

    Dennis
  • Hi all, first post in this forum. If you are in the market for a HondaCare warranty, I have one word for you "DON"T" I have had nothing but problems with Mike Piazza Honda regarding the extended warranty. I bought the 7yr/75,000 mile warranty. IIt included rental car reimbursement, etc. I was told that this warranty gives all the same benefits of the factory warranty and then some. When I had a problem with my car, I took it in around 15,000 miles and was told no rental car until AFTER 36,000 miles b/c the extended warranty doesn't start until after the factory warranty is done. . Well, I now have 50,000 miles, took it in for several minor problems, and was told none of it was covered. Further, I decided to cancel my warranty because in all honesty, Honda service at this dealership is the pits...very unfriendly. I got my prorated refund check today, and they prorated from the day I drove off the lot shorting me several hundred dollars. My point is this: They wouldn't honor my extended warranty (by giving me a rental back at 15,000 miles), yet now they say I HAVE had extended warranty from day 1. A total rip-off. Hopefully this makes sense. Be careful....BUYER BEWARE....spoke with HondaCare rep who says basically "too bad so sad sucker!" I would never buy an extended warranty on a honda again....just don;t need it.
  • qbrozenqbrozen Posts: 17,613
    what minor problems did you bring it in for that weren't covered?

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • Did you get the HondaCare warranty or was it a dealer warranty?

    Post #576 says it starts from day 1.
    Can someone tell me which one is corret?
  • i am seeking help regarding some questions about the hondacare warranty:

    1) what is the difference between a hondacare warranty and dealer warranty and how do you tell?

    2) i am familiar with the recent changes in the warranty programs since the beginning of september...however, i am in the process of purchasing a hondacare warranty from a dealership who is still offering me the old prices and coverage. i have over 8000 miles on my 2005 odyssey, and the dealer offered me an extended warranty 7yr/100000 miles with $0 deductible. is this legit? is it still possible for dealerships to offer this despite my mileage?

    3) now for a more loaded question: can you help me decide if getting an extended warranty is even worth it?

    thank you in advance for your comments.
  • qbrozenqbrozen Posts: 17,613
    yes, under the old rules (not even sure it has changed), you could buy the Hondacare warranty up until 2yrs/24k miles with no penalty. Then a $60 surcharge from 2/24 up until, I believe, 3/36.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • Thanks to all the posters here for helping me save a bunch. I couldn't have gotten this deal w/o all of your input.
  • mitzijmitzij Posts: 612
    1. HondaCare is backed by Honda of America. Other service contracts your dealer may sell will be backed by insurance companies or risk retention groups. The best HondaCare contract will cover more than the best aftermarket contract.

    2. Anything is possible. If you like the price, and the forms say HondaCare, all is well. Remember, HondaCare (as others do) has different levels of coverage.

    3. A person buying a service contract rarely sees a return on his investment. Most people trade or sell their vehicles too often to get much benefit out of a service contract. The handfull of people I've had come through our shop who DID come out ahead had their vehicles through the whole term of the contract.
    I don't believe service contracts are helpful to the average consumer.
  • dwynnedwynne Posts: 4,018
    I don't know that you can put the blame for your problems on HondaCare so much as your dealer and yourself.

    "I was told" you say over and over, the details of the HondaCare plan are written out in the contract you signed and in the booklet they mail you later. So before you signed you should have KNOWN that the HC plan does not cover " all the same benefits of the factory warranty and then some" - it does not. Then when your dealer would not give you the rental car you accepted that, even though HC calls for you to have that benefit from the day you buy the contract.

    HC may not be for every person, be we try to INFORM folks so they can make an informed choice. If you DO pay for it, you should know before you pay what is covered and what is not - and all the other details and not depend on what some dealer tells you at any given time.

    Dennis
  • dwynnedwynne Posts: 4,018
    1) The contract you sign will say HondaCare on it and is the only one to get (if you get one).

    2) The new plans say you can now only get the $100 deductible HC plan, you can no longer get the $0 deductible plan. If the dealer has a way around this that is legit AND can give you a good price (look back through some messages that were posted in the last month or so for an idea or check online) then I would say that is OK. Just make sure your contract is HC and for the terms you want - and when you do get the booklet from Honda make sure that is correct as well. As others have mentioned, if you order online they have no way to "know" you have too many miles to qualify for the $0 current plan. So unless you have had your van in to the dealer since you went over the limit then you could tell then you were under 6k and get a $0 plan now - I guess.

    3) That is up to you. I figure they price the plans based on the average of claims plus a profit. So if you end up having a below average dollar value of claims then you wasted your money, have an above average dollar value of claims then you saved money. So your odds would be no better than 50-50 that it would save you money. Those don't sound like great odds, but keep in mind the plan in pro-rated refundable if you Honda is stolen, totalled, or traded - and it makes a nice selling tool if you decide you sell your Honda later. Where your Honda falls in the design line of the model make may a difference too. Consumer reports said that the '99 re-do was 20% more likely to have problems than the '00 vans, the '01 vans were even more trouble free. Since your '05 is another "all new" design then I would say your odds greater for having a problem than someone who has an '04.

    I have it on my S2000 (and the one I had before that) and on my wife's Accord. I figure it is peace of mind, I can get some of my money back, and I got really good prices and 0% "financing" on them via Bernardi's pre-September prices.

    Dennis
  • niki1niki1 Posts: 52
    D,
    I just purchased an extended HC warranty today for the 2006 Accord 4 cyl. My question is can I cancel it and go with Bernardi?

    Thanks
    NKI1
  • dwynnedwynne Posts: 4,018
    Yep, you have 30 days to cancel for a full refund. If you financed the warranty, the refund will likely go back to the bank/finance company that you used. What happens next is up to them - reduce your monthly payment by recalculating the loan amount or (what I have heard is most likely) just applying the refund to the principal and you pay the same amount each month (but pay fewer payments).

    Check the prices at HondAcuraworld, Bernardi (hondawarrantyinfo), CollegeHillsHonda, JayHondaCare, CurryHondaCare, etc to see who offers the best price right now. Last time I checked it was Bernardi, but always check all the online dealers for the best deal before you buy.

    You have until you hit 6,000 miles to purchase and still qualify for the $0 deductible plan.

    Dennis
  • I spoke with a supervisor who agreed to give me more money on the refund of the warranty. She said that b/c the dealer did not honor the extended warranty from day 1, that should would consider the warranty not to be in effect until 36,000 miles. So, apparently there is at least one person at Honda that does care...just not at Mike Piazza Honda in PA!! Good luck all. :)
  • zuffyzuffy Posts: 6
    I bought the 2006 Accord EX 4 cyl with Leather and navigation. Picking up the car this sat. I haven't speak with the dealer yet regarding the extended warranty but I found a website that sells Honda Care. For my car, it's $700 for 7/80,000/$0 deductible - much cheaper than several websites I have been to. This is where I am thinking of getting it from: http://www.collegehillshonda.com/hondacare/warranty.htm
  • dwynnedwynne Posts: 4,018
    That is super! Too bad the dealer didn't take of you like they are supposed to. I don't know why they would not (other than ignorance on their part) since I would assume HC would pay them back for any loaner car or other benefit they gave you.

    Dennis
  • dwynnedwynne Posts: 4,018
    I just posted this 2 messages above your post:

    Check the prices at HondAcuraworld, Bernardi (hondawarrantyinfo), CollegeHillsHonda, JayHondaCare, CurryHondaCare, etc to see who offers the best price right now. Last time I checked it was Bernardi, but always check all the online dealers for the best deal before you buy

    Let me link-a-fy it to make it easier for you.

    HondAcuraWorld

    Bernardi (HondaWarrantyInfo)

    Jay HondaCare

    Curry HondaCare

    and you already posted the link to College Hills:

    College Hills

    I think if you get quotes from all of these, you will find you can get it for less than $700.

    Dennis
  • Consider also contacting someone at Pohanka Honda in Salisbury, MD...
  • zuffyzuffy Posts: 6
    Thanks for the links. I found it cheapest @ $621 from Bernardi
  • dwynnedwynne Posts: 4,018
    Hoo-hoo, another $79 saved :D

    Just for grins call the finance guy at the dealer where you purchased the car and get a quote. I would guess it will be $1,500 or more (ouch).

    Note that there could be other online places that sell HC at a discount, and for sure any dealer you call COULD offer you a similar or better deal. Just be sure it is the HondaCare warranty - and if you find a better dealer be sure to let us know.

    Dennis
  • jlo55jlo55 Posts: 1
    i can't figure out Bernardi's web site; i can't find the warranty quote. my sister just bought an Accord and the guy charged A LOT for the warranty i understand she has 30 days to cancel.
    Any help?
    Thanks,
  • mitzijmitzij Posts: 612
    I tried the link on post #649. It looks like you have to enter your email and other info and they send you a quote.
  • dwynnedwynne Posts: 4,018
    As mitzij says, on some of the sites you have to give them your e-mail and they automatically e-mail you the quote.

    This link:

    http://www.hondawarrantyinfo.com/quote.asp

    should take you right the page where you enter your e-mail, Honda, Accord, I4 or V-6, and in service date and miles.

    When I checked the other day it was $621 for $0/7/80k and $796 for $0/7/100k for an I4 Accord.

    And yes your sister does have 30 days to cancel the plan she purchased at the dealership. She likely financed it along with the car, so the credit for cancelling it will go to the bank and she will her money "back" with a reduced payment or fewer payments. If the dealer will not help her cancel, then have her call HondaCare customer service direct (800-999-5901) and tell them she wants to cancel NOW. They can mail or fax her the forms and take care of it from there. Within 30 days she (or the finance bank) gets a full refund of the price paid.

    Dennis
  • For those that are leery on purchasing the Honda Care warranty from Bernardi or others, for my own peace of mind I called AHF and asked about the warranties sold by Bernardi and was told by the rep that the low price warranties that Bernardi sell are quite legit and are genuine Honda Care warranties.

    This is great to me as my dealer has quoted $1,695 for a 7/100 warranty on the new '06 Civic Si Coupe. Bernardi's was, $746 with $0 deductible. The difference between those will pay for my new Compustar paging remote alarm system. This was a great find. Thanks.
  • dwynnedwynne Posts: 4,018
    I could have told you that :D

    I have purchased several discount HC plans over the years including (most recently) a couple from Bernardi. All were "legit" HC and at a deep discount off of what local dealers offered.

    But it does not hurt to call and ask :)

    Dennis
  • I purchased HC from Bernardi on the last day of August. I called Torrance (HUSA) the other day to see if I am "live" in the system and I am not yet in the system. I also have not rec'd any HC paperwork from Honda. Guy at Torrance said that the dealer has not "put through" my paperwork yet and that I should call them. I did and was told that they will check on it and someone will call me. That was a week ago and no call. I did get a receipt in the mail from Bernardi so I can at least prove my purchase. Has anyone else bought at the end of August and rec'd all your paperwork? Please let us know............
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