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Old Dec 17, 2007 | 10:26 AM
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extended warranty

I am new to this site and just purchased my RDX Tech last week. My salesperson keeps pushing the extended warranty on me, I guess because I was able to get the RDX at invoice and he needed to make money elsewhere. Are people buying the extended warranty? Those who have the '07 model, are you guys having problems? I'm on the fence regarding on what to do. The ACURA brand I know is reliable (had a TL), but this RDX has a lot of electronics, turbo engine, etc...and I don't want a lot of expenses down the road. Thanks for any input.
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Old Dec 17, 2007 | 11:54 AM
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No warranty. No problems.

Extended warranties can be useful to people with cash flow problems, but people like that probably shouldn't be buying luxury cars.
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Old Dec 17, 2007 | 01:45 PM
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Depends on how long you plan to keep the car. If your going to keep it for 100K, I'd go for it. At this point I don't think you're going to find many RDX owners that are out of factory warranty, so in terms of long term reliability, you'll have to rely on Acura's previous history.
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Old Dec 17, 2007 | 02:16 PM
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If you do get one go to www.hondacuraworld.com for the best deals.
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Old Dec 17, 2007 | 05:41 PM
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$1800 for 100K/7yr not worth it. Consider interest you can pocket in 7years, it will be over $2K. Also consider power train for 6yr/75K miles. Its really a waste in my opinion. Just take the risk.
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Old Dec 17, 2007 | 05:54 PM
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Originally Posted by black label
Depends on how long you plan to keep the car. If your going to keep it for 100K, I'd go for it. At this point I don't think you're going to find many RDX owners that are out of factory warranty, so in terms of long term reliability, you'll have to rely on Acura's previous history.
I agree. Basically depends on how long you're planning on keeping the car. If you're looking at 100K miles, I'd buy it. A turbo melt down at 65K miles and you'll get your money back and then some (like double). Just another insurance policy in my opinion. And to those that somehow think that people who buy an extended warranty do so because they can't afford the repairs, actually just the opposite is true. The more expensive the car, the more potential for something VERY expensive going wrong. I can't imagine buy a $40K automobile and planning to keep for 100K miles without an extended warranty. Just the cost of doing business (and the extended warranty debate continues!!).
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Old Dec 17, 2007 | 06:29 PM
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Originally Posted by Simba91102
I agree. Basically depends on how long you're planning on keeping the car. If you're looking at 100K miles, I'd buy it. A turbo melt down at 65K miles and you'll get your money back and then some (like double).
Powertrain warranty should cover it up to 75K @ 6yrs.

If Turbo start blowing up like crazy, I am pretty sure Acura will extend warranty on them to 100K miles, just like then did for Acura 01-03 CL/TL.
This is my second Acura, I own 2001 CLS, never bought extended warranty (given transmission issues), I have no regrets.
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Old Dec 17, 2007 | 09:24 PM
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I personally think the warranty is a jip. I got the warranty when we purchased the car.. it was part of the 2.5 interest rate deal.. so we were stuck with it..but basically it's not even a real extended warranty.. when you read the fine print and do the math.. you're only getting 2 extra years on top of the factory warranty for 2500 extra. We were so mad at the finance guy for throwing in this "deal" that we had to pay 2500 extra to get the low interest rate. We only accepted it when he told us we could cancel the plan and get the money back pro-rated once 60 days were up. I say if you have the money..go ahead and throw it in, but if you're a little tight and don't want to waste your money.. avoid the "extended" warranty.
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Old Dec 18, 2007 | 12:03 AM
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think about it: would they sell it to you if they expected it to be worth the money to you? You're just prepaying any repairs. Rest assured the Acura engineers have tested, retested, calculated and recalculated what this car should cost to repair over the years. And the expected repair bills from items covered by the extended warranty are much lower than what you pay for the warranty.
Sure, you can get unlucky and lose, but the numbers are in your favor if you avoid the warranty. If you can afford to fix the car 5 years from now (when you have no car payment), then I think you're throwing away good money on a warranty now.
Also, if you crash your car and total it - you're not gonna get that money back.
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Old Dec 18, 2007 | 07:16 AM
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I bought mine pre-owned, 9 months and 7000 miles on the clock. Acura extends the bumper to bumper for 1 year/12k miles (total 5 year/62k) and stretches the powertrain to 7 year/100k miles. I wrapped the bumper-bumper to 7/10k for $1k. Costs me $18/month to know that I will never have an out of pocket expense (other than consumables) for 6-1/4 years and 93k miles. No surprises for over 6 years. What if the NAV system or the transmission goes out of warranty? Ever priced those items? No manufacturer can afford to build a product that lasts forever, even Acura. I was, and am, comfortable with my decision. I tend to keep my cars for a while. If it's not right for you, so be it.

Joe
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Old Dec 18, 2007 | 08:01 AM
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Also, keep in mind that many warranties offer either a portion or the entire thing back if you do not use it. I'm not saying that this makes a it worth it in every situation, but it is something to keep in mind.
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Old Dec 18, 2007 | 01:13 PM
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Originally Posted by dombey
Also, if you crash your car and total it - you're not gonna get that money back.
Not true. If you are still covered under the extended warranty and you no longer own the car, you do get money back. It doesn't matter whether you crash it, sell it, or trade it in.

They do make a lot of money on extended warranties. If you look at the thousands of dollars they take in, then add the interest, then factor in that one way or the other they won't have to use that money for 4 years or 50K because you are still covered under the factory warranty.

Then again, if your nav unit goes at 55k, you'll be glad you have the warranty. It covers a lot of little shit like speakers, CD players (ever get a CD stuck?) bluetooth. Between heated seats, memory seating, microphones in the ceiling, tire pressure monitors in the wheels, back up camera's, theres a lot of stuff that can go wrong. I figure it's more likely to happen between 50K and 100K than between 0 and 50K.
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Old Dec 18, 2007 | 05:38 PM
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OK, lets see who saves the most. Lets say on average I buy new car every 10 years. Lets say I buy total of 6 cars in my lifetime without extended warranty, now lets compare it to 6 cars WITH extended warranties.
Lets see who will save more money in the long run.... Yes, someone could claim that I could get a bad product, but this is not likely to happen for all 6 cars I buy
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Old Dec 18, 2007 | 06:01 PM
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I have never bought extended warranties for any products I bought (TVs, DVDs, VCRs and etc). I have never had any regrets.
Even if its my luck, and I can get a bad product once in a while, it is still OK.
All the money I am saving by NOT buying *extended warranties* still makes it worth while. If you do your research, its really unlikely to buy a car that will suck more than $2K between 4-7yrs or 50-100K.

Yeah sh*t happens, but consider benefits in the LONG run if you follow general philosophy in your life: NEVER BUY EXTENDED WARRANTIES
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Old Dec 18, 2007 | 08:23 PM
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The Extended Warranty is an $1800 bet in which the odds heavily favor the house. They have all of the engineering and testing data, and decades of their product's component failure history.

I agree with russianDude, put that $1800 into a good investment, let it earn interest while you're waiting to see who wins the bet. Meanwhile bet on yourself; do your scheduled services on time and with quality parts and fluids.

Seven years from now, the latest new cars will present an attractive alternative to maintaining the old one, and your investment will be worth $3145.36 @ 8% monthly -- a 75% gain.
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Old Dec 19, 2007 | 12:41 AM
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I think I'm one of the few on this board who did buy the extended warranty. The RDX is my first car, I figured it was worth it for piece of mind. Would I do it again? Probably not. Honda/Acuras are super dependable, and like everyone here has said, the chances of incurring $1800 worth of damage between the 4th-7th year is slim.

Whether I'd apply this to other products, I dunno. I've gotten extended warranties on most of my consumer/prosumer electronics and have cashed in on at least half of them. But I also run my electronics to the ground. Chances are you'll run past the 120,000km (or whatever the equivalent is in miles) on the extended warranty before the RDX seriously starts breaking down.
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Old Dec 19, 2007 | 08:03 AM
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he Extended Warranty is an $1800 bet in which the odds heavily favor the house.
So is life insurance, but there's benefit in that!!

Any insurance (which is basically what warranties are) are in "the long rung" or with the "law of averages" a losing deal for the owner of the policy. That is not why we buy insurance of any kind. We buy it so when Mr. Murphy and his law come out and bite us on the a#$ we are covered. So yea, those who did buy the warranty probably will never use them, but there are some who will and be very happy that they got it. That peace of mind (especially to those of us who have been burned big time on other cars) is worth the extra $$$.

cheers
R
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Old Dec 19, 2007 | 11:16 AM
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Originally Posted by Radec
So is life insurance, but there's benefit in that!!

Any insurance (which is basically what warranties are) are in "the long rung" or with the "law of averages" a losing deal for the owner of the policy. That is not why we buy insurance of any kind. We buy it so when Mr. Murphy and his law come out and bite us on the a#$ we are covered. So yea, those who did buy the warranty probably will never use them, but there are some who will and be very happy that they got it. That peace of mind (especially to those of us who have been burned big time on other cars) is worth the extra $$$.

cheers
R
please, lets not bring life, health, auto insurances into a picture. Those are a must, nothing like *extended warranty*, which could be easiliy avoided.
Ask why? Very simple, the worst case senario could make you or your family bankrupt. Medical expenses could run as high as 1 million or so... But with car is different. After 4 years, your RDX will have a value of 15-17K. So this is you maximum liability, and even that is unlikely (it would mean that everything would have to get broken ???

I am sure once you spent $5K on your RDX in repairs between 4-7 yrs of ownership you will sell it (why keep money sucking car).
So it means worst case liability $5-6K, so its not end of your life vs. being stuck with medical bills of 1 mill.
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Old Dec 19, 2007 | 12:36 PM
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Originally Posted by Boon
I think I'm one of the few on this board who did buy the extended warranty. The RDX is my first car, I figured it was worth it for piece of mind. Would I do it again? Probably not. Honda/Acuras are super dependable, and like everyone here has said, the chances of incurring $1800 worth of damage between the 4th-7th year is slim.
You aren't alone, I had one on my Prelude and I have one on my CLS. So far all that the CLS has needed was the steering wheel audio control repaired. The Prelude had 2 repairs done under the extended warranty, a clutch master cylinder and a window regulator. The Prelude warranty saved me money no questions asked (but at this point has been expired for quite some time). The CL on the other hand hasn't (yet) but it's good for another 35K or until 2010.
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Old Dec 19, 2007 | 03:13 PM
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please, lets not bring life, health, auto insurances into a picture. Those are a must, nothing like *extended warranty*, which could be easily avoided.
You are right, everyone has those 3.

So it means worst case liability $5-6K,
Not if you bought the warranty. Point being you still are playing the odds. Odds are you won't need it, but for some, maybe not you, but for some a few bucks extra is worth knowing they won't lose $5-6k in one pop.
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