Honda Extended Warranties Pricing and Info

Karen_S

A reporter is interested in talking with consumers who have purchased extended warranties. Please respond to jfallon@edmunds.com before Wednesday, April 26, 2006 with your daytime contact info. Also, please indicate whether the vehicle was new or used, and whether the extended warranty was supported by the automaker or another company.

Thanks,
Jeannine Fallon
Corporate Communications
Edmunds.com

mtyler

Has anyone taken their used Honda to a dealership to get certified? Is it possible?

Thanks,
Michelle

bd21

You have to buy a certified car from the dealer. You can't have a car certified after it's already bought. Certified means the car has been inspected a little more thoroughly than a typical used car and the dealer will ask a premium price for the car, because they include an extended powertrain warranty to the buyer.

mtyler

Thanks, I was informed by dealer in NY thay car can be certified and issue an extended warranty for $900. I am also selling the vehicle(off-lease) privately. Does the dealer have to treat the cat as a trade-in, certifie it and then sell it to the private party? Basically they would be brokering the deal. Has anyone ever done this?

Thanks,
Michelle

mtyler

I was informed by dealer in NY thay car can be certified and issue an extended warranty for $900. I am also selling the vehicle(off-lease) privately. Does the dealer have to treat the cat as a trade-in, certifie it and then sell it to the private party? Basically they would be brokering the deal. Has anyone ever done this?

Thanks,
Michelle

flgirlfive

We bought our 2004 Honda Odyssey in FL in August 2004. We did not buy the extended warranty at that time. We are still under the manufacturer's warranty, but are starting to think that we need to buy the extended warranty. We have since moved to Virginia. Can we buy the warranty off the net at the best price 1)even though our van has 26000 miles and 2 years on it and 2) will it be valid since we bought the van in FL and FL has all the rules about warranties, etc?

Thank you in advance for your help!

nortsr1

If your Odyssey is now registered in Virginia (as I assume it is) then you are no longer considered bound to the Florida strict rules of insurance. As far as the Honda extended warranty (2 years, 26000 miles on odometer) I will have to defer to someone else' knowledge.

kj1008

wow ... I just bought a 2006 Pilot EX 2wd and the dealer/finance guy offered me a 5 year/ 80K Honda Care warranty for $1987 and I passed, then he asked me what insurance company I was with and I told him Allstate and was told he could give me a discount of $200. I paid $1787 & included in the financing.

I'm feeling very ripped-off and stupid !

bd21

It's not to late to fix a stupid mistake. Cancel your warranty immediately! You probably will just have your payoff reduced, since you financed everything, but that is better than paying $1000 dollars more than you should have spent on that warranty. However, you don't need one in the first place, so the reality is you will actually have saved over $1700. Your car already comes with a 5 year/60,000 mile powertrain warranty.

I'm a very experienced mechanic with Hondas and the chance of you ever having your extended warranty pay for itself is extremly remote! Also, at the price you paid I can garrantee you will not have a repair that will come anywhere near that cost in that time frame. As a matter of fact, you most likely won't have to spend any money for repairs other than normal wear and tear items in the first 7 years/120,000 miles. Surprise, that is why dealers don't sell warranties that go beyond that period, because they would really being paying to repair cars.

You have a better chance of being killed by lighting than actually recovering the amount of money you pay for any extended warranty regardless of the price, if the car is a Honda, Toyota, Nissan, or other car built with a quality record!

artgpo

There is a fixed amount of time you can cancel the Honda Care warranty, I think 60 days. Call the dealer's finance person and tell them to send you the cancellation form. If you do not have the form in a couple of days I would call the general manager of the dealership. The amount you have already paid will be refunded to who ever financed the warranty. I had to cancel my first warranty when I read of the huge price differences available on the Internet. The dealer dragged his feet but a call to the general manager of the dealership got the form here the next day via FedEx even though the dealer is only about a mile away.

hwi

It is a common fact that insurance companies to not turn a profit from the sale of the insurance and/or warranty products. The company's profit is made through the investment of all the money that is gathered through the sale of such products. That being said, the cost of a warranty contract to the dealer is based upon the average repair cost expected for each vehicle.

The key to "successfully" investing in an extended warranty for any product, is to purchase it at a cost very close to the seller's cost. Using the warranty company's calculations, you would assume that your costs for repairs during your ownership will be about the same as the cost of the warranty, which would be a break even for you. Anything above that is a "successful" investment.

bd21

If a car were a person your assumption might have some validity, but a car is a machine. If you buy a well designed machine such as the ones I described, you are simply throwing your money away. An extremely small percentage owners may collect a benefit anywhere near what they paid. And I'm referring to very low single digit. Dealers are simply playing on your fears and making a bundle on the car buyer's lack of knowledge on the true reliability of the car they are purchasing.

This is the same reason car dealers convince buyers to bring cars in for major & minor service that is not required during the warranty period. Other than oil & filter changes, there is nothing that absolutely has to be done to keep your warranty valid. If the consumer just read their owner's manual they would realize their car is virtually a maintenance free machine for the first seven years or 110,000 miles. Rotate the tires, change a few fluids and do a few visual checks and you will be fine.

I keep cars an average of 10 to 12 years and I have never paid a dime for a repair that would have been covered by any available car extended warranty. The reason for my record, I buy a car with a good track record.

The lighting statement is a fact based on personal knowledge of cars, maintenance and reading lots of car journals over the past 33 years that I've been driving and repairing cars.

7435

i just purchased a honda exl 4c,4d,auto at invoice in denver co @23,005.92.msrp, 25,500
i have obtained quotes for the 7yr ,100,000 mi 0ded honda care from: hondaacuraworld.com @ 885. and from www.hondawarrantyinfo.com @799.
can anyone tell me the actual dealer cost?

hwi

The cost is $745 for the stated warranty.

7435

thank you hwi

carowner3

My son's 2001 Accord V6 (102K miles) transmission went as he returned to school in MA (we live in NJ 200 miles away). The original warranty was 36K miles that Honda had extended to 100K miles on this vehicle. My son brought the car to AAMCO and they quoted $2300 plus "hard parts" to repair (not new) and used every high pressure sales tactic to get me to buy including telling me he called Honda and they do not have any transmissions. I had my son take car (slowly) to local Honda dealer for 2nd opinion knowing that AAMCO said "all bets are off if you take the car back". The Honda service manager said he would look at it and see what he could do. Needless to say Honda offered to replace complete trans with a NEW one for no charge except $550 labor and provided me with 3yr and 36K mile extended warranty for no charge. I was impressed by Honda's flexibility and honoring a warranty that was actually expired. Thank You to Honda for saving me about $2000!

ezshift5

..Honda offered to replace complete trans with a NEW one for no charge except $550 labor and provided me with 3yr and 36K mile extended warranty for no charge.

....impressive consumer relations move.....

..two grand can help offset MA tuition big time...

.thanks for sharing..

.ez..

mawaga

After doing significant research on this site, I contacted Bernardi Honda to inquire about their HondaCare Warranty (8/120/0). I have a 2006 Honda SE 4cyl with less than 5000 miles on it. Their quote was $979 (no tax) and needless to say, I've gone ahead and purchased the warranty through them. The process was very straightforward. I contacted Bernardi Honda (contact info can be obtained at www.hondawarrantyinfo.com) and explained what type of warranty I wanted. They gave me a quote over the phone and instructed me to fill out and fax them their online application. I received an email confirmation the next day and the paperwork was mailed shortly thereafter.

I highly recommend Bernardi. Thanks everyone!!

Just an FYI - I also contacted Mike Pruitt Honda. Their quote was $1230 + tax! I did try to contact Pohanka of Salisbury as well but didn't have any luck getting ahold of their warranty POC.

pistonhonda

1.I contacted Bernardi Honda to inquire about their HondaCare Warranty (8/120/0).
2.Their quote was $979 (no tax) and needless to say, I've gone ahead and purchased the warranty through them.
3.I contacted Bernardi Honda (contact info can be obtained at www.hondawarrantyinfo.com) and explained what type of warranty I wanted.

Congratulations for such a deal...but could you answer some of my questions as I put off buying the hondacare EW when we bought our Pilot.
So to reiterate, you got the "Honda Care Extended Warranty" and not some other offerings they usually have besides the Honda Care? This is the official EW by Honda right?They gave it to you for $979? Did you get your paperwork in the mail already? Did it match what you asked for? Plz give info coz I just wanted to make sure when we buy ours.
Second 8yr/120Kmileage/0deduc ? this right?
And lastly, exactly what type of warranty did you ask from them since you state you explained to them what you wanted, oh and exactly which Honda vehicle do you have because I can't tell fromt the SE you state?

I was quoted almost twice of what you got it for when we bought the car. This EW is one the more important things that we put off because we felt it cost a little too much. Hope you can help with the info we need. Wish we were given the same deal as you. You're so lucky, again congratulations on the best deal for the EW I've seen so far.

sky23213

Sounds like my experience with them, similar vehicle - CRV SE, but mine is 05. I got the 7/120/0 ded for 956.00. And, yes, it is HondaCare Service contract - as close as you would get to the original manufacturer's warranty, and it is backed by Honda. Bernardy will mail you a receipt within a few days and you'll receive the paperwork directly from Honda Financial in 2-3 weeks - a booklet with the terms in detail, a little card with the basic info and a window sticker with the toll-free for the roadside assistance. As far as I remember you can get 0 deductible only if your vehicle has under 5000 (or was it 6000) miles.

tygger

I just bought a civic and got the extended warranty for 5yrs 100K miles. The cost was originally about $1500, but the finance person said that there was a promotion going on (that was going to expire in a few days) to take an additional $500 off. The new cost was about $1000. I offered $800 for the EW and the guy said he couldn't do it so I declined the EW. He left and came back saying that he spoke to his manager and could do it for $900.

We accepted the counter offer. Is this a good deal? We can still cancel the deal...

Thanks.

sky23213

If it's under 6K miles, College Hills Honda lists it at $725.00. You may also want to check Bernardy, they might be even lower.

pistonhonda

ty for the info sky.

I got a question to all of you with Honda Care EW... What if you have your honda's maintained elsewhere with comparable oil, belts , and whatelse. Does honda still consider the vehicle under EW if it does break down somewhere like lights go out, leaks, other stuff. What im getting at is if the stuff you put into the vehicle and the technician doing all the work isnt from a honda dealership will they still consider you under the original warranty and when that lapses, under the EW? I'd hate to buy the honda care only to find out they wont honor my car's problems with the EW coz i go elsewhere for maintenance.

TY again for any info.

sky23213

From what I've picked up here, u can service it in any shop, just have to keep all your records. There is a law that the original manufacturer's warranty has to be honored regardless of who serviced the car, as long as they are a licensed repair facility. Now, the EW, as mentioned before is not a "warranty", it's an Extended Service Contract, so best thing to do is read the whole contract or check with the selling dealer. Also very helpful is to read this thread about a year back, you'll get a pretty good idea - some of the guys here are very helpful and knowledgeable. Someone even mentioned that they'd honor work you've done yourself as long as you have the receipts for oil, parts etc. As far as HondaCare, I'll look up my contract and try to give u details.
Chris

artgpo

I too have the Honda Care warranty purchased online from Bernardi Honda. Yes, it is the genuine Honda Care warranty. Honda has only the Honda Care plan, no others. It is pretty much bumper to bumper. I had purchased the Honda Care warranty from my selling dealer here in Texas at the time of the sale. When I got a quote from Bernardi I cancelled the first policy within the 60 day period and ordered again through Bernardi. There are no catches or fine print.

cwalti

I buy Hondas so I do not have to worry about getting stranded, and no Honda ever has left me high and dry. With that said I have not purchased extended warranties when I bought my Hondas (3) and never rued the decision.
chris.

pistonhonda

Ok thnks art,sky,cwal...

I feel confident of Honda quality but having the EW just helps reassure. Now I have to save up some...didn't get it into the financing when we bought the vehicle.

Sorry but another question...What if I change out my exhaust system(just the muffler and the exhaust tip) to an aftermarket or custom made one? Will I still be covered? The exhaust will definitely be the only major change we'll be doing but just wanna hear your opinions. thnx again.

cwalti

Technically this is not a problem at all. BUT if you ever have a claim against the car they will blame the customer modification on the defect. I would NOT add a dumb-[non-permissible content removed] big tip just to look cool, unless you can buy a bolt on system that you can revert at any time to original state if so needed...

chris...

cwalti

You are dead on!!!!

I have asked the salesmen before if they thought I needed that warranty, and if so I better buy a car that was reliable enough to NOT need this extended coverage. It really put them into a pickle! I know they want to up-sell, but I also know they do not want me to walk out... or call their cars crap... :-)

chris...

cwalti

You got screwed!!!!

The Civic will run for 15 years and 300,000 miles without a hickup!!!

chris...

tygger

The prices that you guys got quoted from Bernadi Honda... are they for the Platinum Coverage?

I wouldn't have gotten the warranty, but because it's a new design, it gives me a bit of peace of mind.

artgpo

Honda Care has but one level of coverage to my knowledge... basically bumper to bumper.

tygger

I need to go check out my warranty coverage documents. He showed me a chart with three different levels of warranty, of which could be purchased for different terms (eg. nuumber of years and mileage).

Can anyone verify off hand?

bamacar

Other than time and mileage, there are no levels of coverage in Hondacare - just the one. Are you sure it wasn't some aftermarket non-Hondacare warranty?

msiseng

No car manufacturer can void the warranty for changing the air intake or the exhaust. What value will you add by just changing a muffler and a tip? If you are going to do it, force more air into the engine and let it breathe on the back end.

Just do not do something silly like adding a supercharger or modifying engine as these will void the warranty.

yooper53

i'm supposed to pick up an ex w/lx on 5/12 and am thinking about the ew. what i'm totally unclear on is that, seemingly, i'd have duplicate coverage for the first 3/36 which effectively makes the plan more expensive at any price. i also belong to aaa so roadside assistance is no inducement. i'm considering it anyway since the 3/36 on my current ride expired 44000 miles ago. another point i'm unclear on is what the ew DOESN'T cover.
any info greatly appreciated.
dennis

animalrescue

Should I cancel this and get the Honda warranty? I paid $1595 for 7 years and 120,000 miles. I read the Honda one is 8 years 120,000 and like 1295. Where is the cheapest place to get? Do they all cover the navi, dvd etc? Which is better..Hendrick or Honda? Please write asap so I can cancel tomorrow if ya'll think I should.. It says $50 cancellation fee..do they usually take it? or waive it? Thanks Kim

duper

yooper53

Take these price to the financial guy and see if he can match it or get really really close to it.

Plan Code: D56 5yr 60k $410.00
Plan Code: D58 5yr 80k $630.00
Plan Code: D50 5yr 100k $775.00
Plan Code: D68 6yr 80k $705.00
Plan Code: D60 6yr 100k $910.00
Plan Code: D62 6yr 120k $1010.00
Plan Code: D78 7yr 80K $795.00
Plan Code: D70 7yr 100k $1069.00
Plan Code: D72 7yr 120k $1169.00
Plan Code: D80 8yr 100k $1149.00
Plan Code: D82 8yr 120k $1249.00

That's the Hondacare price I got quoted. You have up to 6000 miles to get any of these with $0 deduct. After that, upto 36k miles, I think the only plans you can get are 5 yr or 6yr/84k miles, $0 ded, at a lightly higher rate than the 8/120k above.

duper

animalrescue, you can cancel yours and get one of the online quote for cheaper. Collegehillshonda or hondawarrantyinfo.com have better rate.

tygger

Ok, I'm pissed now... but thanks to you guys for pointing out that Hondacare only has one level of coverage.

I'm looking at my warranty info now it it's called The Mechanic by Automotive Warranty Services of Florida, Inc.

I assumed it was the Honda warranty since I'm at the Honda dealer buying a HONDA. What reason would I have to even think that Honda would sell me an aftermarket warranty???

I'm going to call tomorrow to try and cancel the warranty. I just bought the car less than 2 weeks ago.

Can I just call any dealer to buy the Hondacare warranty? What would I need to provide to them?

Thank for everyone's help! I really appreciate it...

sky23213

Ah, assume nothing, especially in the F&I office. But since the damage is done, let's see how you may get out of that pickle. Why would they sell you a third party Service Contract? The first thing that comes in mind - bigger mark up/incentive for the dealership on the thing they sold you. Now if you would read the fine print on the Service Contract, as well as the other stuff you signed, there may be something that would give you a hint regarding the Terms that would allow you to cancel. Then talk to the dealer as to why and how... There's is also a dedicated thread here on Edmunds regarding cancelling a warranty that is rolled into the loan, in case you financed it with the car.
Good luck!

tygger

I think it was a very tricky move. If I go to a Honda dealer, I would expect to buy a Honda product. Kinda like if you were to go into a Burger King to order a burger, you wouldn't expect them to sell you a McDonald's burger...

I admit it was my mistake for not reading the fine print, but I'm just the average consumer and didn't even know there was a difference "HondaCare" warranty. I thought I one I bought was the "Honda" warranty. They didn't explain this to me.

The fine print on the back of the warranty form says: "You may cancel this Service Contract at any time. To cancel, contact the Selling Dealer. The Selling Dealer will assist with your cancellation request and verify the mileage of your vehicle...

...If you cancel this Service Contract within 60 days of the Service Contract Plan Purchase Date and you have not incurred a claim, a 100% refund of the Service Contract Price will be made..."

I have two questions.

1. Does anyone know how the refund will work if I had the warranty cost included into loan? I got the loan from a outside bank. I also put down a deposit by personal check that would cover the cost of the warranty.

2. How much should I pay for HondaCare 5yr 100K mile warranty?

Sorry for the long post and thanks for helping.

qbrozen

What reason would I have to even think that Honda would sell me an aftermarket warranty???

Well, no reason, because Honda isn't selling you anything. The dealer is.

As far as pricing, just read back through the thread for an idea of pricing. There are a couple of websites linked here, too, with pricing.

Since you got a loan through the bank, they very well may just cut you a check for the refund, then you do what you want with it.

kyfdx

1) Since you financed the warranty, the check will go to the bank to reduce your loan amount.. Your payment will stay the same, and you will just make fewer payments.

2) Since you live in FL, you can only buy the HondaCare warranty from a FL dealer, and the price is set and non-negotiable.... It may not be cheap. This is due to FL insurance laws..

So... you might check out the prices and costs before you decide to cancel.. If you don't think that this aftermarket warranty is a good deal, your best bet may be to cancel it, and go without an extended warranty.

Regards,
kyfdx

sky23213

Gbrosen and our host summed it up pretty well. I did not want to assume that you're in FL (from the name of the contract), but if that's the case, then you are out of luck - u have to buy your HondaCare from the dealer. The FL Ins issue was discussed in detail a while ago, very informative, but sad.
From experience I believe the dealer may put up a fight regarding cancelling the Ext. Contract. But reading the quote contacting the contract administrator is also an option, so I believe this would have a happy end.
Please keep us updated.

mentoro

mentoro

Hi all:

Just wanted to let you know that I finally bit the bullet and bought the HondaCare extended warranty for my Honda Odyssey. I got the 8yr / 120 K miles / 0 Deductible policy for $1230. The dealer I bought it from is Bob Pruitt Honda in Akron, Ohio.
The transaction went smoothly. The paperwork was overnighted to me with postage paid return envelope. I signed the documents and sent them back.
If you need to get info, contact the business manager at Bob Pruitt Honda. He informed me that the price of the warranty was either going up or has gone up. I still got the price that we had agreed upon.
Hope this helps.

tygger

Which dealers did you contact for a price comparison??? I'm assuming Pruitt gave you the best price. I never thought about contacting dealers non-local to me. Thx

duper

Would you pay tax if you purchase the extended warranty from the local dealer?

animalrescue

Do you mean Mike Pruitt? Tom there quoted me $1250..who did you use? Thanks Kim