How to negotiate ext warranty in price of car?

Robert11Robert11 Member Posts: 1
edited December 2023 in Honda
Hey Guys,
I am planning to sell my 2019 mint condition Honda Civic LX in May or June '24. I have all the ext warranties on the car. When I list the car online...how do I go about figuring out how to add in the value of the warranties I paid for when I bought the car in March of '21?

I understand I may not be able to recapture all of the monies. I would however like to get back some of the costs for the car. Right now the car has 33k on it and drives like a charm and looks perfect.

Are there any online car buyers like cargurus, kbb, etc...that are legit and make fair offers on cars that have ext warranties?

Thank you!
Happy New Year!
Robert

Comments

  • MichaellMichaell Moderator Posts: 251,794
    Robert11 said:

    Hey Guys,
    I am planning to sell my 2019 mint condition Honda Civic LX in May or June '24. I have all the ext warranties on the car. When I list the car online...how do I go about figuring out how to add in the value of the warranties I paid for when I bought the car in March of '21?

    I understand I may not be able to recapture all of the monies. I would however like to get back some of the costs for the car. Right now the car has 33k on it and drives like a charm and looks perfect.

    Are there any online car buyers like cargurus, kbb, etc...that are legit and make fair offers on cars that have ext warranties?

    Thank you!
    Happy New Year!
    Robert

    Do you know that the extended warranty can transfer to the new owner? Many cannot.

    If it can be transferred, you could simply pro-rate the original cost of the warranty, and add that to your selling price.

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