Little advise
I an picking up my 08 RDX w Tech Pack tomorrow morning, was wondering if I should take any of the following... your
would be greatly appreciated
1. Extended Warranty - 6 Yr/70K for $979
2. Exterior & Interior Protection - $795
Thanks in advance
would be greatly appreciated1. Extended Warranty - 6 Yr/70K for $979
2. Exterior & Interior Protection - $795
Thanks in advance
Originally Posted by chandra
I an picking up my 08 RDX w Tech Pack tomorrow morning, was wondering if I should take any of the following... your
would be greatly appreciated
1. Extended Warranty - 6 Yr/70K for $979
2. Exterior & Interior Protection - $795
Thanks in advance
would be greatly appreciated1. Extended Warranty - 6 Yr/70K for $979
2. Exterior & Interior Protection - $795
Thanks in advance
Originally Posted by chandra
I an picking up my 08 RDX w Tech Pack tomorrow morning, was wondering if I should take any of the following... your
would be greatly appreciated
1. Extended Warranty - 6 Yr/70K for $979
2. Exterior & Interior Protection - $795
Thanks in advance
would be greatly appreciated1. Extended Warranty - 6 Yr/70K for $979
2. Exterior & Interior Protection - $795
Thanks in advance
1. I ended up getting a 7yr warranty. This car is a keeper...and I would get it if you're thinking long haul too. It's really more for piece of mind than anything.
2. I wouldn't bother on this one. The "protection packages" are usually just accessories that can be found cheaper online. I'd only get it if the package comes with something like body side mouldings and you're REALLY not comfortable with installing them yourself.
I'm picking my RDX up next week and the only accessory I got was the front spoiler....everything else is coming from Curry Acura.
I would skip on both, but that is just me. I passed on the extended wty with this and most every car I ever had. My MDX came certified in 2002 with the 7yr wty and I actually have used it after the normal 4 year wty - so it is nice to know it is there.
If you have to sell it before the wty ends, the extended wty adds value. The protection package does not.
If you have to sell it before the wty ends, the extended wty adds value. The protection package does not.
Extended warranties are tricky. For example, at year five, an RDX may be worth about $19000 for example. The extended warranty costs you about $1000 up front. Add a five years of interest and you are at maybe $1250. So the extended warranty cost about 6.5% of the worth of the vehicle. That is pretty steep for two years of coverage. I doubt the extended warranty adds $1250 to the value of the vehicle.
(Don't forget, the extended warranties are worthless until the factory warranty runs out!)
(Don't forget, the extended warranties are worthless until the factory warranty runs out!)
Originally Posted by brizey
Extended warranties are tricky. For example, at year five, an RDX may be worth about $19000 for example. The extended warranty costs you about $1000 up front. Add a five years of interest and you are at maybe $1250. So the extended warranty cost about 6.5% of the worth of the vehicle. That is pretty steep for two years of coverage. I doubt the extended warranty adds $1250 to the value of the vehicle.
(Don't forget, the extended warranties are worthless until the factory warranty runs out!)
(Don't forget, the extended warranties are worthless until the factory warranty runs out!)
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Originally Posted by chandra
I an picking up my 08 RDX w Tech Pack tomorrow morning, was wondering if I should take any of the following... your
would be greatly appreciated
1. Extended Warranty - 6 Yr/70K for $979
2. Exterior & Interior Protection - $795
Thanks in advance
would be greatly appreciated1. Extended Warranty - 6 Yr/70K for $979
2. Exterior & Interior Protection - $795
Thanks in advance
3rd party extended warranties are often scams. They don't go into effect for several years from now and there is a non-trivial chance that the insurance company will not be in business then. Even if they are in business, getting them to honor the warranty may be difficult. If you really want an extended warranty, get one that is backed by Honda or Acura and is good at any of their dealers. These warranties might be a little more expensive, but should give you a lot less hassle if you ever need to use them. If you don't plan on using the warranty, then save your money and don't buy it to begin with. If you put your $1000 into a bank CD, you could make a tidy profit by the time the extended warranty would go into effect.
I bought the extended factory warranty from my dealer, but only because they have a deal whereby they will refund the entire purchase price if you never use it. I rolled the warranty into the 1.9% financing and took their deal.
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