Quote:
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Originally Posted by cbxtc6
This is a very timely subject I'vebeen giving a lot of thought to. My '04 HCH warranty will expire (36k miles) in a week or so. The Honda extended warranty costs ~$1000, and will cover me until 100k miles - which will be in a year and a half. Yes, I rive a lot on my daily commute. I sold my '90 Accord with 170k, and it now has over 300k, with no major issues.
My question to all of you is: Is it worth the $1000 'gamble' to NOT get the extended warranty? What will break in the next 1.5 years that will cost $1000 or more? I hope nothing. A few rattles aside, the car is fine now. I'm still getting ~43mpg, even in the 10F weather here.
Decisions, decisions...oh, and who has $1000 in their pocket to dish over to Honda for a bet? I don't.
<sigh>
Mike
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I had one on my Saturn and it was a waste. I had an opportunity to fix something on it once but guess what: There was a $100 deductible on it.
I think that with a manufacturer like Honda it is probably not worth it to get the extended warranty. If you care for your vehicle well and get maintenance I do not think you will recoup the cost of it.