Good Price?

Thread Tools
 
Search this Thread
 
Old 05-11-2011, 06:33 PM
  #1  
Instructor
Thread Starter
 
Wanta04TL's Avatar
 
Join Date: Aug 2003
Location: North Carolina
Posts: 110
Likes: 0
Received 0 Likes on 0 Posts
Good Price?

I just picked up my blk/blk '12 Advanced and love it. Was offered a 7 yr 120k mile extended warranty for $1,933. Is that a good price? Is it worth it? It covers everything except cosmetic stuff. I can still get it in the next few days he said. Didn't get it in my '04 and it would have been a better deal but not by a bunch. And if the tranny hadn't gone out I would have lost money on that extended warranty, so I'm hesitant. Thanks!
Old 05-12-2011, 07:28 PM
  #2  
1999 TL
 
acurator99's Avatar
 
Join Date: Mar 2010
Posts: 118
Likes: 0
Received 2 Likes on 1 Post
You know very well you are not going to own the car for 7 years so why bother with the 7 year warranty?
Once you see the awesome 2014 TL you will trade it in.
Originally Posted by Wanta04TL
I just picked up my blk/blk '12 Advanced and love it. Was offered a 7 yr 120k mile extended warranty for $1,933. Is that a good price? Is it worth it? It covers everything except cosmetic stuff. I can still get it in the next few days he said. Didn't get it in my '04 and it would have been a better deal but not by a bunch. And if the tranny hadn't gone out I would have lost money on that extended warranty, so I'm hesitant. Thanks!
Old 05-12-2011, 09:51 PM
  #3  
Team Owner
iTrader: (2)
 
Steven Bell's Avatar
 
Join Date: Jan 2008
Location: Kansas City, MO (Overland Park, KS)
Posts: 36,545
Received 6,470 Likes on 5,162 Posts
Wait just a minute....Acurator, first, I've kept a car over 7 years, so your argument doesn't float. Second, you don't know what the 2014 TL is going to look like. What are you talking about?




.
Old 05-13-2011, 07:04 AM
  #4  
Intermediate
 
gmtmaster79's Avatar
 
Join Date: May 2011
Age: 52
Posts: 27
Likes: 0
Received 0 Likes on 0 Posts
Congras! I got the same car, and also purchased the 7yr but 75k mile warranty. It was $2100 with dent protection included as well. The reason I opt for 75k is because I will only be driving less than 200 miles per week, so I will never hit the 75k mile limit in 7 yrs.

It all depends on your own choice and budget. If you factor in the money in finance, it's not much to spend. But if your car ever need any major service after the 4yr / 50k miles standard warranty, will you have the fund to fix it? if you are going to keep it more than 7 yrs (I will), I think it's a feel safe insurance to buy, imo. Good luck!
Old 05-13-2011, 07:35 AM
  #5  
Three Wheelin'
 
jnc2000's Avatar
 
Join Date: Feb 2008
Location: Pittsburgh
Posts: 1,439
Received 114 Likes on 66 Posts
Think about it this way - your buying a 40k vehicle. And you want to finance an extra 2K into a loan for warranty work? -- why not put that money somewhere for the next couple of years and make it work for you... if you have the funds to buy a 40k+ vehicle you shouldn't have any reason to quibble about dents, or fuel costs, or minor repairs when they crop up. You should have established enough of a savings so you don't take a hit and have to "worry" about where the money is going to come from...

Ideally the car should be bought cash - if not bought cash, financed and paid off ASAP.
Old 05-13-2011, 09:44 AM
  #6  
Racer
 
Acura2010's Avatar
 
Join Date: Apr 2010
Location: Ontario, Canada
Age: 41
Posts: 374
Received 75 Likes on 34 Posts
Originally Posted by jnc2000
Think about it this way - your buying a 40k vehicle. And you want to finance an extra 2K into a loan for warranty work? -- why not put that money somewhere for the next couple of years and make it work for you... if you have the funds to buy a 40k+ vehicle you shouldn't have any reason to quibble about dents, or fuel costs, or minor repairs when they crop up. You should have established enough of a savings so you don't take a hit and have to "worry" about where the money is going to come from...

Ideally the car should be bought cash - if not bought cash, financed and paid off ASAP.
Because everybody has $40k just kicking around to buy a car cash..........
Old 05-13-2011, 09:51 AM
  #7  
Advanced
 
Brother Acura's Avatar
 
Join Date: Feb 2007
Posts: 63
Received 22 Likes on 8 Posts
Every time Consumer Reports analyzes these extended warranties their conclusion is that they aren't worth it. If you were buying a GM product I'd say go for it but I wouldn't do it for a car with Acura's reliability record.
Old 05-13-2011, 10:09 AM
  #8  
Three Wheelin'
 
jnc2000's Avatar
 
Join Date: Feb 2008
Location: Pittsburgh
Posts: 1,439
Received 114 Likes on 66 Posts
Originally Posted by Acura2010
Because everybody has $40k just kicking around to buy a car cash..........
I think my main point is if your buying a 40k and your financing, the goal is to finance as little as possible. That means put down more money, don't add in extra's which will save you interest in the long run.
Old 05-13-2011, 02:10 PM
  #9  
1999 TL
 
acurator99's Avatar
 
Join Date: Mar 2010
Posts: 118
Likes: 0
Received 2 Likes on 1 Post
Please go ahead and get the extended warranty. Since I have kept my car for 12 years I am sure you can keep yours for at least 7 years.
Originally Posted by Steven Bell
Wait just a minute....Acurator, first, I've kept a car over 7 years, so your argument doesn't float. Second, you don't know what the 2014 TL is going to look like. What are you talking about?




.
Old 05-14-2011, 09:58 PM
  #10  
Instructor
Thread Starter
 
Wanta04TL's Avatar
 
Join Date: Aug 2003
Location: North Carolina
Posts: 110
Likes: 0
Received 0 Likes on 0 Posts
Thanks for all the replies. I agree with most of your points. I will definitely keep 7 yrs. My '04 TL is still in the garage!

I also think extended warranties are questionable but with all the electronics in this bad boy I was wavering. The mechanical stuff I'm willing to roll the dice on. And yes I can shoulder a major non-warranty issue if I had to. Just thinking about multiple $2k type of electronic things.

......still undecided and over-analyzing....
Old 05-14-2011, 11:15 PM
  #11  
6G TLX-S
 
Edward'TLS's Avatar
 
Join Date: Dec 2000
Location: YVR
Posts: 10,191
Received 1,152 Likes on 823 Posts
Just think of the extended warranty as another form of auto insurance. You may not need it; but just in case that if you need it, it will save your pocket big time.
Old 05-15-2011, 02:35 PM
  #12  
Burning Brakes
 
Kingmeow's Avatar
 
Join Date: Sep 2009
Location: NJ
Posts: 958
Received 4 Likes on 4 Posts
For price comparison, I got my 120k/6-years for $1150. Factory Acura extended.
Old 05-15-2011, 03:35 PM
  #13  
Instructor
Thread Starter
 
Wanta04TL's Avatar
 
Join Date: Aug 2003
Location: North Carolina
Posts: 110
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Kingmeow
For price comparison, I got my 120k/6-years for $1150. Factory Acura extended.
Thanks that helps a lot. For that price I would have done it.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
BlkTxAcuraTypeS
Member Cars for Sale
3
10-18-2015 08:05 PM
Rcelestino93
3G TL Performance Parts & Modifications
3
09-11-2015 12:15 PM
jfman55
3G TL (2004-2008)
27
09-05-2015 02:55 PM
NSolace
2G TL Problems & Fixes
15
09-03-2015 08:02 PM
ptbarnett
3G RLX (2013+)
4
08-30-2015 12:39 PM



Quick Reply: Good Price?



All times are GMT -5. The time now is 06:22 AM.