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Old 01 Sep 2005, 02:28 pm
Alex Rodriguez
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Default Re: Extended Warranty - Worth It????

In article <70af4135a226c8cc7e3cdf978d731de4@localhost.talkab outautos.com>,
pauldarock@yahoo.com says...

>Please Help!!
>I was at a dealership last night and I think I got pressured into getting
>the extended warrantee on a new 05 Honda Accord. After some negotiations,
>they dropped the price of the 8year/120k mile w/$0 deductible from $1,500
>to $1,100. But there was a problem with a paper work so they need to redo
>the paper work so this gives me an opportunity to delete the extended
>warrantee.
>I bought an extended warranty on my last car (a used 99 Saab) and I
>definitely broke even. But that was a Saab and one of the reasons why I’m
>buying a Honda.
>Basically, is a 8year/120k mile w/$0 deductible for $1,100 worth it?


Not it isn't. You are buying 5 years 84k miles worth of coverage. The first
3/36 are covered by Honda. Why bother paying more for a Honda if you have to
go out and then buy an extended warranty. Extended warranties are hugh profit
makers for dealers, that is why they push them so much.
----------------
Alex

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