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Old 11 Feb 2006, 10:39 am
TA via CarKB.com
 
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Default extended warranty-Does it worth it?

Hi everyone, please educate me.

I bought my 1st car, Honda Civic 2005 about 6 weeks ago.
The salesperson offered the deal included the pruchase that I would get an
extended warranty of 7rs/100,000 miles, from the date I bought my car. This
car had 797 miles on it.

2 weeks later, I received a "Honda Care" warranty card and contract, stated
that I paid for this warranty :$1,595.00.

I was shock, as I thought this extended warranty was included into the
purchase price.

My question are:

1/ Is that way too expensive?
Any Honda dealers offering the same warranty at the cheaper price?
And should I buy it from a Honda local dealer or just go online, such as
curryhondacare.com, to buy it?

2/ Does the extended warranty really work, if that was the case?
Because I heard Honda manufactured very reliable, durable cars. So someone
educated me that the extended warranty is just another profitable cow for
dealers making money.

3/ So should I drop the extended warranty and go back to manufacturer
warranty which is 3yrs/36,000 miles and get my money back?

4/ How much the refund I can get?
Here is my situation: I used Honda care for towing my car to the nearest
Honda dealer service center to some jobs needed to be done.
So if I decided to switch to manufactuer warranty of 3yrs/36,000miles, I
would get FULL refund? Or $1,595.00 subtracted the amount that I had used?

I have 2 weeks left to decide, based on the "60 days cancelation, no
obligations"

So please help.
Thank you very much

TA

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