I got my 06 HCH at Courtesy Honda in Sanford, FL. Granted, I was trading in a 2005 Jeep Wrangler that I was 3000 upside down in, and this is my first car without a cosigner (I had to talk to three different managers to walk out of there with a vehicle), the Honda Extended Warranty (7 years/120,000 miles) was explained in great detail to both me and my father (used to be in the biz) and Dad said it was a good deal.

I didn't do any research on warranty laws or contracts or anything before walking into the showroom, but for my situation (needed a car with good gas mileage ASAP, trading in a vehicle I still owed big $$ on, and telling the dealership I didn't have a cosigner and it was me or nobody in that vehicle) the warranty is going to be worth every penny, I think.

Though we didn't haggle with the Finance Manager on the price of the warranty, if you tell him your monthly payments cannot exceed $_____ with the warranty included and you stand up to walk away, they will figure out a way to make it work.

Plus, if you're like me, and this is a car you are going to be driving for a good deal of time, be it because they financed it for a million years or because you drive cars till they die, you're going to want that warranty.

Bottom line? The standard warranty that comes with the vehicle may be good for you if you don't drive much, or if you aren't keeping the car for that long.... any other circumstance - it's a good deal.

2006 Honda Civic Hybrid - Opal Silver Blue Metallic
My first car, on my own, no cosigner!