Honda Extended Warranties Pricing and Info

dibbyd

Just bought a 2006 EX-L with R&N in Seaside, CA (Central Coast, near Monterey).

Dealer brought up warranty just before signing all the paperwork. I had no intention to buy and thus had done no research prior to buying the Ody. I said I wasn’t interested but my wife told me she was. The dealer said retail on an 8yr/100K/0 warranty was $2500 or so (yeah right) but that we could have it for $1645. I told my wife I knew I’d seen deals online for less. Dealer lowered price to $1500.

I said it was my understanding that we did not have to buy the warranty at that point. The finance guy said yes, we did have to purchase at the time we bought the vehicle. He said Honda recently changed the rules. I reluctantly agreed to buy because my wife wanted it.

Needless to say when we got home I got online and checked out this thread for all the information I could gather. The next day I called Honda Care and they confirmed I had until 6000 miles to purchase the warranty and that I could shop around until then.

I checked a couple of the popular online Honda warranty dealers and got a low quote of $1260 from College Hills Honda (Bernardi-hondawarrantyinfo.com never responded even after three requests?).

So I went back to the dealer the next day and told them I felt they’d lied to me. After a little discussion they wanted to know what they could do to make me happy. They offered to match the price quote I gave them. I said they should at least beat it, so they gave me the warranty for $1200. That worked for me and they also threw in splash guards and wheel locks.

petras2

hi
thanks for your post...it looks like Pohanka Honda so far really has the lowest prices for hondacare warranties..anyone else interested check post #865

kyfdx

I love a happy ending!! Thanks for the information on your warranty experience..

rwb_ii

I am looking for some informed suggestions. I had an Elantra with over 126k miles, extended warranty never used. Wife had 2000 Accord over 75k miles, ext warranty not used. Wife now has '05 Accord 20k miles, we did buy the extended warranty. Enough of the background info. Just purchased a 2006 Civic LX auto which i plan on keeping for (hopefully) over 100K miles. Never having used the extended warranties ---> is it worth it? Anyway to 'get your money's worth'? I have a quote for 6yrs 120k $0 dect for $811. Is there a way to ensure I get $811 of work done to car in X yrs?

mitzij

One of my customers has gotten his money's worth out of a GMPP Major Guard Plan. He has driven it for the full term of the contract (100k miles) and he brought it in for repairs every time it hiccupped. We would replace seals when they were barely seeping (no drips on ground, just wet seal). This guy was dedicated to keeping his truck in perfect condition. (hasn't been in since the contract expired, though...;)

I don't feel service contracts are usually worth the trouble (or money).
If I were you, I'd put that $811 in savings, earn interest, and use it if your new hot-rod needs work done.
You're already in the hole by 2 service contracts.

zahn

We just purchased a new Odyssey and were sold an extended warranty (8/120/$100 deductible) for $1,400. After reading this site, I realized how bad of a deal that was (even though we negotiated down from $2,400!). Long story short, I told the dealer to match or cancel. Now the dealer is claiming that these coverages aren't as "good" as the ones he is giving us. Could this be true or is it just another sales ploy?

tamaraster

Not all extended warranties are the same, but all Honda Care warranties are the same, if the term and deductible is the same. I wouldn't get a third party warranty, but if you can get a Honda Care warranty from a reputable dealer online (like Bernardi) for less, then go for it. It's all Honda Care!

zahn

Well, it was a "Honda" warranty that you could use almost anywhere (any dealership or Honda certified mechanic). I'm not sure if that means it is a Honda Care warranty...I wish I had the paperwork with me. I'm supposed to go back to the dealer tonight.

We got a quote from Pohanka of Salisbury Honda dealership? Have you heard of them?

zahn

OK, this is the plan that was offered for $1,400 (8/120/$100 deductible). Anyone know about this kind of warranty and whether it is superior or the same as a Honda Care warranty?

davant

Zahn,

I think it's been mentioned a couple of times now that you should steer clear of anything but a Hondacare OEM warranty. Superior appears to be reputable but they could go belly-up just like WarrantyGold. Based on Volvo experience aftermarket warranties can cut corners leaving you with a some of the bill for a covered repair. If they tout the roadside assistance aspects (lodging, towing, tire changing, dispatched fuel) point out AAA or towing through your insurance company is cheaper. Hondacare is the best coverage and is truly an extension of the original warranty with rental & lodging if you're stranded, trip planning (not needed if you have Navi) but not many bells or whistles beyond that.

Surely you realize that dealers make a higher profit margin on aftermarket warranties like the one you bought compared to Hondacare. While the finance manager says they're the same or better note the small amount of druel coming from his mouth. The fact that he's discounted in by 50 percent shows you how much mark-up there is, must be some profit left or he'd have suggested switching to Hondacare.

My suggestion, and you've heard it here before, is get a full refund or your afterket MAP EFT right away. When you do this insist of a comparable Hondacare Extended Warranty (8/120/0) and come equipped with an internet quote from hondawarranty.com (Bernardi) and have them price match it or if they balk, settle for paying slightly more or buy it online. It doesn't matter which Honda dealer does your service, they all get paid the same for repairs by AHMC. The ripped off feeling you are having is genuine as you may not have the peace of mind you intended.

Best of luck.

ezshift5

.....consider charging a good guidance fee...

Bernardi is probably the most competitive for a HC EW....

....hondacura.com (Ray Laks Honda) gets my second place vote........

Chances are you will never have cause to use the EW..(just LOOK at those solid red circles in CU).....

..but for <$585 - in my case - I'm now good 6yr/80k.... hard to beat...

..best,

ez..
2005 AV-6 6M Taf Wht
Better numbers than
my '69 CorVette

zahn

Signed the final papers last night and had them remove the extended warranty and lo-jack ($500). I'll check out the sites you suggest. Thanks. One note regarding lo-jack. The dealer claimed it would reduce my insurance premiums by 38%. He even stated that he belonged to the same insurance company I did, USAA, and showed me "proof" of what he was claiming (a piece of paper purportedly from USAA). Long story short, it resulted in a measley $4 decrease to my premium every six months! Needless to say, I got them to take it off the purchase order (though it took a lot more arguing than I expected).

ezshift5

...please keep us in the loop on (hopefully) how Bernardi/Ray Laks does right by you on the HC Extended W....

..having said that, (and looking at my USAA renewal) you're still way ahead with the outfit from San Antone!!

..all the best, ez..

tom25

I have a 2005 Honda Odyssey with 10100 miles. When I shop for Honda Care for Used Vehicle (6yr/102k/$100), the best price I can get is $1260 (from www.collegehillshonda.com).

Can somebody suggest any better quote on line?

Thanks,

c_hack

I just got a 6/80k/$100 ded. Hondacare warranty for $611 for my '06 Pilot thanks to this forum. Once I did an internet search and found the best price I took it to my dealer and they matched it. They said it was about $500 below what they normally sell it for at retail (to those that buy on the spot without doing any research).

tom25

Where did you find this price on line?

artgpo

www.hondawarrantyinfo.com is the site for Bernardi Honda. I bought from them. Bernardi is in MA and I am in TX, no problems. Honest and easy to deal with.

citywolf

I just got my '06 HAH, and when I showed the quote I got for the Honda Care Warranty from www.hondacuraworld.com, my dealer said that it was only $100 above their cost. After some arguing, my dealer matched it. It is really nice to be prepared and bring in some quotes. Since honda care warranties are all the same-- the dealers have to compete with each other.

rickyd74

Can someone tell me why all Honda Care websites state that Florida residents have to buy there's from the dealer? These are all great deals compared to the dealerships here. This is a ripoff!!

ezshift5

.....Rick:

..yes, your state has that law (guess who lobbied for it?)

I'm really not bright enough to explain your state law, so.....................
perhaps a search will help you (some great prior posts within this thread).........

best, ez....

(...who still smiles at Hondacura.com's great prices......)

davant

Ricky,
Back up about two or three pages and there are plenty of answers. To sum it up, our Florida Insurance Commissioner regulates the pricing of extended warranties as they are in a twisted way, insurance. This is supposed to protect uninformed consumers from paying too much. As you may see cruising this thread, some folks pay too much in a competitive market. In Florida, we have no competitive market for any extended warranty. Buy an identical warranty anywhere in the state and it HAS to be the same price, otherwise a seller could be fined severely. Although we could save 1/3 to 1/2 if we bought out of state, that too is a no-no, warranty not honored, do not pass go, do not collect $200. I'm riding the fence on this one as I hated wasting money but think about the lack of state income tax to provide comfort. Dealers are making a good profit on EW's in FL and the state gets a cut too. Like it or not, the playing field is elevated but level. If you want to change that, talk to the necktie nerds in Tallahassee.

rickyd74

Thank you for the information!

wwdcatc

I got my xtended warranty 8/120/$0 for $1230 from Mike Pruitt Honda in Akron, OH. He said it was cost for him. I bought the 06 Odyssey EXL NAV/RES for $30,843 OTD (minus VA state tax).

steve6

hey all. what is current best deal for hondacare on a 2004 civic? still under factory warrany, 19000 miles.

thanks!

chazpbg

I know this has probably been discussed ad infinitum on this board, but I'll ask the question again: Is EW worth it?

I just bought an '06 Odyssey EXL with RES -- and since I live in Fla., the warranty cost a whopping $2,300 for 8 year/120,000 mile coverage. (I have 60 days to cancel, but the best pricing was if I purchased warranty new, so I figured what the heck... and I could always cancel later).

I bought a Honda precisely because of its reputation for reliability (which is borne out with my experience owning a 2000 Civic). But the dealer's guy said -- and he actually seemed quite genuine about all this, with no pressure applied at all -- that there was a very good chance the AC would go and that could easily equate to about $1,000. Plus, the DVD is another concern -- heck, I haven't known any DVD, in a van or not, to last more than three years.

All in all, I'm fairly well sold on this idea... But I'd love to hear a few more opinions.

tandy_13

Same here. I bought the Accord EX V6 last october and was about to touch 6000 miles and thought about buying the extended warranty (6/120000/0 deductible for 761 from Bernardi Honda).
The way I figured was that once the 3/36000 standard warranty expires and even if I have a single trouble with the car it will cost me that much to fix the car.
Probably will never need the warranty (have a corolla at 47000 miles 1999 CE, which is running smooth 3 years after I bought it used from a colleague, just the regular oil change, one brake job and one major tune up at 30,000 miles. Did have to replace the axle because of the cracked rubber shoe. Cost me $150).

This is my first new car and I really like the ride of the V6. I guess the V6 is also more prone to breakdowns than V4. So if I really want to keep the car and not have to worry about most repairs then $800 odd bucks should be worth it.

Just my 2 cents.

PT.

ezshift5

........This is my first new car and I really like the ride of the V6. I guess the V6 is also more prone to breakdowns than V4. So if I really want to keep the car and not have to worry about most repairs.........

...I'm sorta like T-13 (in that I bought a V-6 and a HC EW)

(on the label "V4"........I guess we differ.......)

..but the T-13 EW reasoning dovetails with mine: plan to keep the car (mine has a 6M aft of the engine) past the 3/36k mark and (584: 6/80k in my case from Ray Laks) the EW makes good sense..............at least to YT.

best, ez...

slugopie

wwdcatc,
Do you have some tips on getting such a great price for Odyssey EXL NAV/RES. I have been working the internet here in Northern VA, but keep getting MSRP minus $1000. I would buy at the price you got your Odyssey.

Thanks slugopie

ericbaltimore

It seems like you are buying a new car, not the EW. Am I right?
I got my EX in Baltimore MD which is just $100 above invoice, of course I paid destination fee, tag and tax. My sales guy is so nice and easy to deal with.

jimzim

We have a 2000 EX Odyssey with 47,000 miles. We bought the 7year/100,000 mile warranty when we bought the Odyssey. We used this board and back in 2000 were able to get the dealer to give it to us for $850.00. Next year our warranty runs out. Only have had the A/C compressor replaced and that was at 130 miles due to bearings being bad. Where can I look for a new Warranty? My wife drive the van and does not put to many miles on it. Under the old warranty we would still have 53,000 miles to go except that year 2007 is coming up and the 7 years will expire. Do not want to go without a warranty. Need help in Omaha? Thanks.

ezshift5

.....Where can I look for a new Warranty? Do not want to go without a warranty. Need help Thanks

....Honda Care Extended Warranty help best bets:

(listed in order of perceived best price)

Bernardi
Ray Laks
College Hills
(plus one other I've forgotten)

I used Ray Laks Honda (hondacuraworld.com); paid 584 for 6/80k/100 (Accord V6)

HTH,

best, ez..

mitzij

I'm not sure any reputable company sells contracts past the 7 or 8 year mark. If they do, they'll be pricey.

Was paying $850.00 for 4 years coverage worth it? Your manufacturer Warranty took care of the a/c compressor. The service contract, in your case, has been akin to tossing money out into the wind.

The term 'extended warranty' is a misnomer. You have a service contract, it's not the same as the manufacturer Warranty that came with your Honda.

netto

I bought a 7year/100,000/ 0 deduc for $1215.00. However I recently canceled this and found out that the insurance cost was actually only $200 whilst the dealers cut was $1015.

I received info from Geico that they have a service which extends the manufacturers warranty for a small fee. Has anyone come across this? (It seems cheaper than paying a lump sum up front to the dealer).

Thx

mitzij

It does not extend the manufacturer's warranty, it is a service contract. They agree to pay for repairs after you pay them money. What they will pay for is listed on the contract. Anything not in the contract, is not paid for by them. It is different than the Warranty your vehicle was built with. Every service contract is different. Read every contract you look at (all of it) before buying one.

netto

mitzij: Thx for the info, but:

Includes all parts and systems-not just the specific list of items covered by most dealer warranties.
Saves you money. You pay only a small premium each policy period-not a large lump-sum payment up front.
Lets you get your car repaired wherever you like.

The above is taken from the geico web site. It states all mechanical breakdown is covered.

netto

Just spoke to Geico and they assured me that their coverage exactly matches Honda warranty.

I was quoted 61.60 per year with a 250 deductable. If I intend to keep my honda for 5 years then thats only 308.00 total outlay. Should any thing happen, god forbid even if it happens twice then I have an out of pocket cost of 500 + 308 = 808.00 which is 407.00 CHEAPER than a 100k/7year/0 ded. In addition I can invest the lump sum of 1215(the cost of a warranty) and the return would be an additional saving.

It sounds good to me. Again if anyone has had experience using Geico's service please advise.

Thx

mitzij

Promises made over the phone mean ZIPPO. Read your contract when you get it.
The website says it covers Mechanical Breakdown of parts, not wear and tear. If your intake starts leaking, the repair won't be covered. If your ball joints wear out, they won't be covered. Honda Warranty (not sure about their service contract) would cover both problems.

There is a general list of what is not covered at the bottom of that page.
Until you see the actual contract, you won't really know. You're basing your decision primarily on advertising.

netto

Absolutly correct. But whats to say that your example will not be regarded as the same by Honda? What is their definition of wear and tear? Surely any problems that occur will be diagnosed by my Honda dealer and they will validate whether it is wear and tear or mechanical failure correct me if I am wrong? What Geico state on their web site and what is in their contract cannot differ, as that has legal implications too. Your main concern is the wording of their contract, so my question is are you a dealer or do you have a stake in the sales of warranties?
Warranties are a very profitable part of the insurance business as well as for dealerships. The only difference with what Geico is doing is the application of the system of paying annual premiums as opposed to a lump sum upfront. Which to me seems more appealing having seen that the cost of my honda warranty was only 200 for 7years whilst the dealer's cut was 1015 profit. So honda insurance must be making money if they only collect 200 from me over a period of 7 years!! even though the total cost is 1215 upfront. Whilst Geico is only charging 61.60 per year. Therefore Geico is making more money than Honda Care (61.60*7) as oppose to 200 for 7years but in real terms I am only paying 61.60*7= 432.20 , Whilst my dealer is charging me 1215.00.
Again any reason why Geico does not appear to be better?
Thanks

mitzij

There are 2 types of service contracts (at least for this discussion). Your Geico plan is a 'mechanical breakdown' plan, it will only cover parts that actually break. A window motor doesn't break, it shorts out, or gets worn. The other type includes both mechanical breakdowns and wear and tear. That would be the HondaCare (top of the line, whatever they call it-platinum I think) plan. It will cover gasket leaks and wimpy window motors. If a component can't do it's job, HondaCare pays for it. Geico covers repairs if a component breaks. It sounds like I'm splitting hairs here, but Service Contract companies rely on these fine distinctions to maximize profits.

Of course, I am concerned about Geico's contract. I can't read it. The only source is their website, which leaves gaping holes; holes through which your repair claims can pass with ease.

I do work for a car dealership, back in the Service department. I have seen how service contract companies operate. As of today, I've waited a week for a SCC to pay me for repairs (their website touts 'quick and painless claims'). If you've read any of my other posts, you will know that I don't like service contracts. I think they give too much power over my vehicle to a third party. I always say 'if you MUST buy a contract, buy one backed by your vehicle's manufacturer' The manufacturer of your vehicle has a financial reason to keep you a happy customer. Geico, Warranty Direct, CNA, VSC, and all the others only want your money.

jimpghpa

"I have decided to keep the money I was going to spend for a warranty at emigrantdirect.com where it is earning 4%. With Honda's reputation for quality and the money in the bank for any needed repairs I won't have to worry."

That's the smartest thing I have seen here. emigrantdirect.com is now 4.50 percent.
If your car needs repair after 3 years you will have the money. If it doesn't need repair, you buy a giant screen plasma tv.
It's so simple

magoosh1

I am new to this HC EW thing. In 2002, I bought a CPO Civic with the 7/100K deal. I love it! I am Honda for life. I was offered some non-powertrain coverage package, through the dealer, but I passed on it.

So, it looks like my wife will be getting a Honda. It's about time. For a while, she has been with a GM model(polluter #1, you know). Since 38K or so, it has been giving her all sorts of problems. She's selling this summer and will be looking at Hondas this spring. I'll be in the running for a new Honda too. My Civic has 92K and I am loving the FIT.

So, new car buyers can buy HC EW through various dealers and on the web? If we buy a car at Honda A and buy a HC EW at Honda B (we'll finance through AHFC), can we bunch it into the monthly payment even though items were purchased at different dealers (one payment to AHFC)?

And this HC EW is something I can neg. on? American Honda Motor Co. does not set prices for new 2006 Civic LX's?

And this HC EW covers powertrain and non-powertrain items PLUS other things that are listed on the web?

I just wanted to be educated when my wife and I purchase our Hondas and get them covered by these potential HC EW. Any help here on basically defining the HC EW for us NOT in FL would be great.

Thanks so very much!

ezshift5

......Any help here on basically defining the HC EW for us NOT in FL would be great.

Thanks so very much!

......while hoping mitzij will pitch in for you here (EW coord - looking at her prev posts - IS WHAT SHE DOES)....

FWIW: Ray Laks (NY) provided me a HC EW 6/80k for about 600

but also Honda dealers like College Hills, Bernardi, et al are worthy of your attention........

I'm in NoCal with an AV6 6M......best, ez..

mitzij

You can buy a service contract from anywhere.
From this thread, it looks like many dealers are selling contracts on the 'net for very low prices. If you buy a HondaCare, any Honda dealer can work on your car.

I doubt you could tack the price of a contract from dealer B onto the loan for the car you bought from dealer A. AHFC has nothing to do with what you purchase. Honda, HondaCare, and AHFC are separate entities. You'd need to do a 'debt consolidation' type thing to accomplish that.

Service contracts are very negotiable. Research and find a price you like. Be careful, however, there are different coverage levels-make sure you are comparing apples to apples.

Be sure to read any contracts you are thinking of buying, there are links to actual contracts on most of the sites others have posted. The big letter and bright colors are advertising. The contract is what you are bound by regarding coverages, deductibles, limits, types of parts used, rental reimbursement, etc.

On your Civic, did you ever use your service contract?
Be sure to not confuse what was covered by Honda warranty with what the service contract paid for.

Hope this helps,
Mitzij

(thanks, Ezshift!)

djbear

I would like to find out if anyone has recently purchased the 8 year 100K mile $0 deductible Honda Care Warranty (or similar). Would you please share the "going rate". I was recently quoted $1230 and I think that is probably reasonable but I am looking for some feedback from a recent buyer.

mentoro

I would call Bob Pruitt Honda in Akron, Ohio. Talk to the business manager. 8 yr / 120 K / 0 deductible : 1230 buckaroos, HondaCare.

free1

I am also looking for the Honda Care 8yr/120K/0 deductible for my Odyssey. Will the Akron dealer sell me that for $1230 even if I have not brought the vehicle from his dealership.

Please advice. My vehicle currently has 300 miles on it and is a week old.

Kirstie_H

You don't have to buy HondaCare from the same dealership where you bought your vehicle. You are welcome to shop around and get the best price on the warranty, just as you did when purchasing your vehicle!

artgpo

My son-in-law bought a new Pilot today. The online quote from Bernardi Honda for the 6 year/120k $0 deductible Honda Care warranty was $1,014. Using a print out of the quote he got the dealer to match the price.

don57

Does any one have experience with purchase of extended warranty for hondaacuraworld.com? Their prices are much cheaper than others I have seen published.

ezshift5

/////Does any one have experience with purchase of extended warranty for hondaacuraworld.com? Their prices are much cheaper than others I have seen published.

...yes, I purchased a HC EW from them last year.

.....ez.........