Quick Q: Where to buy Extended Warranty?
You should shop the extended warranty around several dealers, just like you would the price of the car. You can purchase it as long as you are still under the factory warranty. Also remember that there are at least 3 different tiers of warranty, the highest obviously being bumper to bumper. They will probably pitch the priciest full coverage, but you don't necessarily have to go for it. Edmunds has a very good article about it
http://www.edmunds.com/advice/warran...6/article.html
FTA: Begin by getting quotes from at least two sources. Call local dealerships, speak with the F&I manager and ask what they charge for the plan you choose. Don't say you are also buying a car — only an extended warranty. Different dealers may offer different quotes, but once you have a few answers, you'll know roughly what the going rate is.
Typically, salespeople are instructed to try to sell extended vehicle warranties at double the dealer's cost. If you are quoted an average price of $1,000 for the top-tier extended warranty, chances are the dealer only paid $500 for that product.
Dealers should be allowed some profit on an extended warranty, but when aiming for a reasonable price, start low and negotiate upward. In the case of a $1,000 quote, offer the dealer $650. Try to end up at least splitting the difference between the dealer's cost and his asking price (in this case $750 — 25 percent below the original quote), and remember there's no risk in starting with a lowball offer.
http://www.edmunds.com/advice/warran...6/article.html
FTA: Begin by getting quotes from at least two sources. Call local dealerships, speak with the F&I manager and ask what they charge for the plan you choose. Don't say you are also buying a car — only an extended warranty. Different dealers may offer different quotes, but once you have a few answers, you'll know roughly what the going rate is.
Typically, salespeople are instructed to try to sell extended vehicle warranties at double the dealer's cost. If you are quoted an average price of $1,000 for the top-tier extended warranty, chances are the dealer only paid $500 for that product.
Dealers should be allowed some profit on an extended warranty, but when aiming for a reasonable price, start low and negotiate upward. In the case of a $1,000 quote, offer the dealer $650. Try to end up at least splitting the difference between the dealer's cost and his asking price (in this case $750 — 25 percent below the original quote), and remember there's no risk in starting with a lowball offer.
you can also check your financing company. I work at a credit union, and we actually offer Mechanical Breakdown Insurance, just like a service contract, ours works at any licensed repair facility. you should check it out.
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I believe you can still by extended warranty from Curry Acura at www.curryacuracare.com. I was able to...worth a try.
Well, i just got 7/100k miles ext. warranty (0 deduct) for $940 from hondaacuraworld. My local dealer could not match it. BTW, for $1390, you could get the 8 year/120k ext. warranty.
BTW, this price is a lot cheaper than Curry Acura link above....
BTW, this price is a lot cheaper than Curry Acura link above....
Last edited by Tigmd99; Feb 24, 2009 at 12:49 PM.
I changed my plan...we got the 7 year/120k miles extended warranty from hondaacuraworld for $1190. My wife drives a lot...the TSX will likely get to 120,000 miles before 7 years.
Again, this is cheaper than Curry Acura.
Again, this is cheaper than Curry Acura.
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