Honda Care...a good deal?

  #1  
Old 03-26-2006, 07:22 PM
Energy Independence!
Thread Starter
Join Date: Jul 2005
Location: South Texas
Posts: 310
Default Honda Care...a good deal?

My dealer is contacting me to get he Honda Care package.
Anyone has experience wioth such an extended warranty package?
 
  #2  
Old 03-27-2006, 05:44 AM
Have hybrid, will travel.
Join Date: May 2005
Location: Stockton, NJ
Posts: 467
Default Re: Honda Care...a good deal?

I purchased an extended warranty package. It cost me about $800 w/zero deductable, to 100k miles.

I suggest the following:
  • Search the greenhybrid.com threads for other purchasers of this extended warranty.
  • Shop around. You don't have to buy it from the dealer you purchased the car from.
  • Once you find the best price, challenge the dealer that you purchased the car from (the one soliciting you) to match the best price.
  • Buy the one with the lowest cost.
For $800, I compared this to having one "major" failure during the 36k-100k mile time period. So if I have one failure, it pays for itself. Not a bad break even point. If it doesn't fail during that time period, I can count myself as lucky.

To date, by HCH '04 MT has 58k miles in just under two years. My only maintenance has been oil, oil filters, air filter, and pollen filters. I have had a couple of encounters with deer, but other than a couple of bumps and bruises, the car performs admirably. I get 53 lmpg and have improved to near 56 (AGH) -- after GreenHybrid.

Good luck!
 
  #3  
Old 03-27-2006, 06:36 AM
Energy Independence!
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Join Date: Jul 2005
Location: South Texas
Posts: 310
Default Re: Honda Care...a good deal?

That is an excellent advice:

to challenge the car dealer. Like all of their products and services, I bet they have got plenty of markup in their prices.
 
  #4  
Old 03-27-2006, 10:40 AM
Pretty Darn Active Enthusiast
Join Date: Jan 2006
Location: La Verne, CA
Posts: 362
Default Re: Honda Care...a good deal?

Its DEFINITELY worth the money in my opinion in the long run. Plus, to know you don't have to worry for such a long time is just EXCELLENT....
 
  #5  
Old 03-27-2006, 08:22 PM
Energy Independence
Join Date: Feb 2006
Location: Richardson, TX
Posts: 1,282
Default Re: Honda Care...a good deal?

Fernando, Charlie nailed it.

I'm waiting (forever) for my 2006 HCH-II, but the best price I could find was 8yr/$0 deductible/120K miles extended warranty for $976, from Bernardi. Has anyone done any better? Shop around, then challenge your dealer to match it.
 
  #6  
Old 03-28-2006, 06:23 PM
Active Enthusiast
Join Date: Nov 2005
Location: N. Providence, RI
Posts: 148
Default Re: Honda Care...a good deal?

I got a 6/120/0 ded for $825 from mossisboss.com. Talk or email Tony Pascual in Finance and he will give you a quote.
 
  #7  
Old 04-05-2006, 08:24 AM
clyde2575's Avatar
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Join Date: Mar 2006
Location: Phoenix, AZ
Posts: 255
Default Re: Honda Care...a good deal?

Hello,


When I bought my 2004 HCH I bought the extended warranty (100K/60 months) for $1600. I bought the warranty for an extra 20k on the IMA system. I am now trading the car in so I called to see if they will refund what was not used and they will refund me $849.50 for the pro-rated use.

I did ask them a question though since I am buying a 2006 HCH, that you should definately ask before purchasing...does the warranty cover the batteries (my dealer had told me yes at the time I bought mine)??? According to Mechanical Protection Plan 1-800-747-4400, they do NOT cover the batteries. They will cover the rest of the IMA system that is not under warranty still by Honda but not the batteries. Definately something to keep in mind when purchasing the warranty.

Jessica
 
  #8  
Old 04-05-2006, 09:22 AM
Active Enthusiast
Join Date: Jan 2006
Location: Los Angeles
Posts: 95
Default Re: Honda Care...a good deal?

Anyone considering buying a Honda Care extended warranty and has concerns about the battery coverage should check this thread:

https://www.greenhybrid.com/discuss/...anty.5892.html
 
  #9  
Old 04-05-2006, 09:40 AM
clyde2575's Avatar
Pretty Darn Active Enthusiast
Join Date: Mar 2006
Location: Phoenix, AZ
Posts: 255
Default Re: Honda Care...a good deal?

Thank you all so much for the info. I really did not know what to do but this Honda Care (which my dealer has not offered me) looks like a sure winner and something that I will get.

I did not look too deeply but do you know if you can cancel if you sell it and get a pro-rated refund?

Thanks again for all you help.

Jessica
 
  #10  
Old 04-05-2006, 11:36 AM
Active Enthusiast
Join Date: Jan 2006
Location: Los Angeles
Posts: 95
Default Re: Honda Care...a good deal?

do you know if you can cancel if you sell it and get a pro-rated refund?
Yes, for HondaCare if you cancel within 60 days you get a full refund, and after 60 days you get a prorated refund based on time or miles driven. See the sample contract linked in the above thread. However I've heard of dealers tacking on an additional incentive where they refund the total purchase price at the end of the warranty term (5 yrs, 6 yrs, 8 yrs, etc) if you have not ever filed a claim. However the dealer may ask a higher price for this extra, so remember--everything is negotiable. The 60 day warranty applies regardless of where you purchase the warranty. See this thread for more info
https://www.greenhybrid.com/discuss/...ead.php?t=4748
and always read a current sample policy before you buy.
 

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