We are considering purchasing one and wonder how often when something goes wrong they find a reason to say that you are responsible for the repair. This is what happened to my sister but it wasn't Honda Care it was the warranty you buy from Car Max. What have been your experiences with Honda Care extended warranties?
2007-12-30 10:32:49 · 5 answers · asked by BERT 6 in Cars & Transportation ➔ Car Makes ➔ Honda
Honda Care is the most comprehensive extended service contract you can buy on your honda. It is backed by American Honda and it is only available from Honda Dealers and can only be purchased during the first six months of ownership. If you did not buy it when you bought the car then you would have to pay cash for it now as it cannot be added to your car payment at this time (if you have a payment). It is a no-hassle program that also covers towing and rental cars under the warranty period if your car is in for a service repair that would be covered by the contract if you were not under the factory warranty.
there are other service contracts available through dealerships that are not backed by Honda. the coverage on the non-honda contracts vary. The non-honda contracts are 'dealer obligor' contacts meaning that its the dealer who is backing the contract. If the dealer goes out of business or if the extended service contract company goes out of business (not an uncommon occurance in today's marketplace) then the chances of having another dealer honor your non-honda contract are slim.
If you do chose to buy a contract, make sure it is the Honda one. You can get information on HondaCare at www.honda.com
the 'bet' with a service contract is that you will have to have repairs done that will total more than the price of the service contract over the life of the contract. If you have a major breakdown (transmission failure or the like) then the contract is worth it. If you don't then the contract won't "pay for itself".
Major failures such as transmission failures are unlikely on today's hondas. the basic warranty is for 3 years 36,000 miles with a powertrain warranty for 5 years or 60,000. You're extended service contracts go up to 100,000 miles so the percentage of that 100k that is covered by Honda is greater than the extra miles you're paying for under the service contract.
A better strategy is to take the amount you would pay for the service contract and put it in a bank certificate of deposit. If you need repairs then pay for them out of that fund; if you don't you'll gain interest on the account and at the end of the term (most contracts are for 5 or six years) you'll have enough for a good vacation. Of course, most people don't have the money or the discipline to do that; if you do you'll be a likely winner.
Also, another thing I have my kids do is to put $5 away for every time they fill their gas tank to pay for the maintenance on the car. That way when it comes time for an oil change they have the money available. They all use an envelope in the glove box of their car and put the cash into the envelop when they fill up. You can't believe how much they've come to appreciate that when it comes time for a service.
hope that helps
2007-12-30 15:12:51 · answer #1 · answered by honda guy 7 · 0⤊ 0⤋
Honda Care Warranty Price
2016-11-12 23:43:18 · answer #2 · answered by ? 4 · 0⤊ 0⤋
This Site Might Help You.
RE:
Anyone have an extended warranty from Honda Care on their car?
We are considering purchasing one and wonder how often when something goes wrong they find a reason to say that you are responsible for the repair. This is what happened to my sister but it wasn't Honda Care it was the warranty you buy from Car Max. What have been your experiences with Honda...
2015-08-08 13:24:02 · answer #3 · answered by Maure 1 · 0⤊ 0⤋
I bought a 2010 Honda CRV in December 2009. Purchased the Honda Care extended warranty for $1300.00. I was told that if I don't use the plan that I would get my money back! We have never used the extended care warranty plan. Today I called Honda and they are telling me that I need a certificate to get my money back in December. I never was issued a certificate. What are my options?
2016-03-19 02:09:46 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I got the extended warranty on my '03 Accord (now it's over 100k and out of warranty) and my new '07 Odyssey. I shopped around online, and was able to find a policy for about 50% off of what Honda quoted, brought it in to them, and they gave me it for the same price. If you bring the numbers in from the non-Honda policy, I'm almost positive they will give you the Honda policy for that price or a few dollars more. If they don't give you the warranty for reduced price don't buy it. The majority of time, people don't end up using it, but I figure it's there if you need it. I ended up using it on my '03 Accord and it saved me alot of money, so I do think it's good to have it (only at a reduced cost)!
2007-12-30 13:53:34 · answer #5 · answered by cbrdgt. 7 · 0⤊ 0⤋
I didn't buy one. A good warranty company should provide you with information about the warranty in advance for you to look over.
Even if the warranty itself looks good, the dealership repair place might let your car sit and rot while they first service cars of the customers who are paying upfront. And you might not be satisfied with their work.
Rather than get service refusals, bad service, and confusion, perhaps put the $1500 into a bank account. It should cover whatever you want without question.
2007-12-30 13:25:47 · answer #6 · answered by Robert B 5 · 0⤊ 0⤋