Re: Honda Civic LX 2001 extended warranty worth it ?
In article <2pbopaFjd3l4U1@uni-berlin.de>, Arctic Inferno
<SpamShield-ArcticInferno@yahoo.com-SpamShield> wrote:
> I have a Honda Civic LX 2001 manual transmission.
> About six months ago, I had to replace the front struts, but it was covered
> under the original 3 yr/36k mile warranty. The warranty will expire soon,
> so I got a letter to extend the warranty. 5 yr/75k mile, bumper-to-bumper,
> for $250 down payment and $200 x 12 monthly payments, for total of $2650.
> The payment can be extended over two years without interest.
> If I decide to sell the car in a year, I can either get prorated refund, or
> transfer the warranty and payments.
> Should I get the warranty, or should I risk it and save $2650?
>
>
The only issue with an extended warranty is the probability of
spending the warranty fee ($2650) over the ensuing 39K miles or the
next two years. The per year expected costs for maintainance for years
4 and 5 for a 2001 civic suggest a much smaller outlay of funds. I'd
pass this up.
--
Harvey J. Cohen, Ph. D.
-------
Get your facts first, and then you can distort them as much as
you please. -- Mark Twain
------------------------------------------------------------------
|