re: extended warrenty

Thread Tools
 
Search this Thread
 
Old 02-13-2002 | 07:12 PM
  #1  
paultl's Avatar
Thread Starter
Racer
 
Joined: Feb 2001
Posts: 462
Likes: 0
re: extended warrenty

do you guys think its worth it?

i have a tl-s and have about 15k miles already...

i called my dealer and they said it will cost $1200!!!

didnt someone here mention is was only $700??

thanks for the info...
Old 02-13-2002 | 11:49 PM
  #2  
rominl's Avatar
Three Wheelin'
 
Joined: Jul 2001
Posts: 1,693
Likes: 0
From: San Jose
you might wanna check with www.acurawarranty.com for more prices
Old 02-14-2002 | 02:36 PM
  #3  
DJ Iceman's Avatar
Burning Brakes
 
Joined: May 2001
Posts: 1,229
Likes: 161
From: Redondo Beach, CA
Have you tried a search on this topic?

In any event, different people will have varying opinions on whether or not it's worth it. Some people don't mind $1000 deductable on their insurance, others prefer $0, and some split the difference. You are trading finances for peace of mind.

Think of it this way: it's like insurance, and you are paying the $1200 betting that your car WILL break down. Do not expect a seamless continuation of your bumper-to-bumper warranty, because many things that are included for the first 4/50000 are not covered under the extended warranty. You are really only protecting yourself against a catastrophic, expensive repair.

One article I read suggested that people should NEVER buy extended warranties. Instead, it recommended that you take the money you would have spent on the warranty and put it in some type of liquid investment. Let it sit there and earn interest. If you need to make a big, costly repair, then you've got the money available. On the other hand, if nothing ever goes wrong, then you've turned a tidy profit!
Old 02-14-2002 | 03:06 PM
  #4  
hangman's Avatar
Advanced
 
Joined: Jan 2002
Posts: 67
Likes: 0
From: Houston
Be sure to examine closely the start and end dates of the extended warrenty. Some warrenties include your current manufacture's period in the term. For example.. If you purchase a 5 year extended warrenty, you are actually only paying for 1 year because the 4 origial years of the manufacturer's warrenty are included in that, thus the name is very misleading. You still have five years of coverage "FROM THE DAY YOU PURCHASE" meaning 4 years from the manufacturer and 1 extended year, thats why they call it a "5" extended warrenty, does not mean you will get an additional 5 years. MAke sure you read the fine print.
Old 02-14-2002 | 03:48 PM
  #5  
juniorbean's Avatar
Senior Moderator
iTrader: (5)
 
Joined: Oct 2000
Posts: 28,461
Likes: 1,760
From: The QC
Don't forget that the warranty is more expensive to buy once you hit 12k miles... so the fact that you're at 15k is probably why it's more $$. I've been pricing it around for my car (currently at 11k) and I've gotten prices ranging from $995 to $1195. I simply checked with about 4 dealerships and got the best price. Now they're all getting back to me to see if they can match each other's prices. FYI... I want the 5yr/100k $0 deductible warranty, so that's what my above prices are for. I really want to buy the warranty from PAA since they do so much for the boards, but if their price isn't the lowest, I'll just get it from who's is.
Old 02-14-2002 | 08:08 PM
  #6  
lawman's Avatar
Instructor
 
Joined: Oct 2001
Posts: 237
Likes: 0
Try http://www.warrantydirect.com

Lawman
Old 02-14-2002 | 08:34 PM
  #7  
paultl's Avatar
Thread Starter
Racer
 
Joined: Feb 2001
Posts: 462
Likes: 0
thanks for all the info,,,


maybe i should wait till i hit 40k and re-open this topic again,,,


so confussing,,,is 800 worth piece of mind????
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
cycdaniel
1G TSX Performance Parts & Modifications
8
12-17-2019 11:58 AM
chasingthecool
4G TL (2009-2014)
110
03-09-2017 06:16 PM
xsilverhawkx
2G TL Problems & Fixes
4
10-05-2015 12:00 PM
Yumcha
Automotive News
4
09-21-2015 09:44 AM
Yumcha
Automotive News
2
09-17-2015 11:16 AM



Quick Reply: re: extended warrenty



All times are GMT -5. The time now is 05:12 AM.