Which extended warranty package to choose?

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Old Jul 30, 2007 | 09:24 AM
  #1  
teng's Avatar
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Which extended warranty package to choose?

Here is a list of extended warranty package from Hondawarrantyinfo.com.
Which one would you get? I am thinking the 7 years/120,000 miles for $1,215.
What do you think?

Terms begin from the original Acura New Vehicle Limited Warranty in-service date.
8 years/120,000 miles warranty: ($100 deductible = $1,315.00) OR ($0 deductible = $1,415.00)
8 years/100,000 miles warranty: ($100 deductible = $1,065.00) OR ($0 deductible = $1,165.00)
7 years/120,000 miles warranty: ($100 deductible = $1,115.00) OR ($0 deductible = $1,215.00)
7 years/100,000 miles warranty: ($100 deductible = $865.00) OR ($0 deductible = $965.00)
7 years/70,000 miles warranty: ($100 deductible = $660.00) OR ($0 deductible = $760.00)
6 years/120,000 miles warranty: ($100 deductible = $1,015.00) OR ($0 deductible = $1,115.00)
6 years/100,000 miles warranty: ($100 deductible = $815.00) OR ($0 deductible = $915.00)


The discounted Honda Care quotes given here at www.hondawarrantyinfo.com cannot be combined with any other discounts or specials offered by Bernardi's Inc.
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Old Jul 30, 2007 | 08:43 PM
  #2  
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I would say none... I think your money in the short term is better spent on something else. How long do you normally keep your cars?
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Old Jul 30, 2007 | 09:14 PM
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ndabunka's Avatar
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None of those as there is no point. I can see into the future and 98.7% of Acura TL's would never take advantage of the extended warranty services. It's essentially a profit center for the stealership. PS - Why do you think Insurance agencies offer these things? It's simply because they make money at it because so few will EVER need it. It's not like it's an expensive car or anything...
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Old Jul 31, 2007 | 06:16 AM
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Turbonut's Avatar
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Originally Posted by ndabunka
None of those as there is no point. I can see into the future and 98.7% of Acura TL's would never take advantage of the extended warranty services. It's essentially a profit center for the stealership. PS - Why do you think Insurance agencies offer these things? It's simply because they make money at it because so few will EVER need it. It's not like it's an expensive car or anything...
Well, that leaves 1.3% of Acura TL's needing the extended warranty services. Maybe he'll fall into that category. If money is not a problem get the warranty, just for peace of mind. Even if you decide to sell the car, the warranty is transferrable and a good selling point.
My daughter purchased an extended warranty on her Maxima, and low and behold she needed the coverage for a sunroof motor and power window switch. Probably broke even. Over the years I've purchased extended warranties and there has only been one that didn't pay for itself, a low cost 1 year warranty on a Jeep Grand Cherokee.
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