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Considering purchasing the extended warranty on a 2019 Elite. Looking for feedback on prices paid vs. coverage received.
I think if you want to protect your $43k purchase for $1395. I bought mine just in case there is a major issue around 100k miles.Is there a reason you are buying the extended warranty for this vehicle?
After owning six Hondas, some for 100-200k miles, I find extended warranties a big waste of money. My suggestion..set up a vehicle savings account for major repairs, and do a monthly automatic transfer of $75 or so. After 5 years, you'll have $4,500 saved up. Keep contributing to that account until you sell the car. Whatever money is left over after any repairs, you can use it towards your down payment on your next car. Extended warranties on Hondas is rarely recommended. Do regular maintenance according to the owner's manual and your Honda will last for many years.
Yeah, I agree with you and the others. More often than not those warranties are great money makers for the dealer. I remember buying one way back years ago, and the first couple times I tried to use it: "Oh, that's not covered". That's not to say they may do well for some people, but virtually every financial guru I've ever heard advises to avoid them.I had to listen to a description of every option, before they understood what no meant.
Purchased my HondaCare $840 for 7 yrs. 80000 miles zero deductableTo avoid wasting time bickering over extended warranties at a dealership, I simply tell the salesperson that if the finance guy mentions extended warranties once, the deal is over and I’m walking out. You can also tell the finance guy when u meet him, and say that you don’t want an extended warranty or any other extras, and you don’t want to listen to his sales pitch. Be upfront. As soon as he starts with the pitch, get up and start walking out. Tell him to respect your time, or they lose a customer. Quite simple.
I believe the Curry price is the best you’re going to find.The email stated honda care is the extended warranty, I received 2 quotes for 8 yrs/120k miles on 2019 passport with 0 deductible:
1. Curry honda care $1,485
2. Saccucci honda $1,660
I'm still waiting for 1 more quote from Honda of Keene.
Does anybody buy the warranty recently and how much it is?
Thanks.