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Originally Posted by kaisersoesce
...when I take the 8year/120K warranty...its essentially increasing the default 3year/36K bumper to bumper warranty to 8year/120K. Right?
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An extended warranty is NOT a bumper-to-bumper warranty. None that I've seen are, anyway. The HondaCare warranty covers a lot of the expensive items, though. It will cover the transmission, the major components of the engine, AC, steering system, etc. But it probably does not cover many (if any) cosmetic items: trim pieces falling off or squeaking and rattling, spolier lifting, etc. It also does not cover things like cables, belts, hoses, normal timing belt replacement, exhaust system, including the catalytic converter (this is a big exclusion), body parts, paint, moldings, body seals & weather-strips, etc.
It IS pretty comprehensive coverage for most major things, though.
To me it was well worth the $980 just for peace of mind, even if I never use it.
It is also transferrable to a new owner for a $50 fee.