When your factory warranty expires, a Honda extended warranty can give you security. However, independent service providers might be more adaptable than Honda Care’s auto service agreements.
The price of an extended warranty is not disclosed on the Honda website. The price for a 3-year/120,000-mile extended warranty and a 5-year/120,000-mile extended warranty for a 2019 Honda Accord with 35,000 miles, respectively, was $1,850 and $2,250, respectively, when we contacted a Honda dealership for quotations. Costs are significantly influenced by variables including mileage, location, and dealership.
A Honda extended warranty may only be bought from a Honda dealership before the limited warranty on your new car ends. After then, you should consider your possibilities from third parties.
In This Article...
Can my Honda Care warranty be extended?
Honda Care may be of interest to you if you’re thinking about getting an extended warranty from Honda. The extended warranty option from Honda, sometimes referred to as a vehicle servicing protection plan, is called Honda Care.
Up to 8 years or 120,000 miles are covered by the Honda Care extended warranty plan, which is also available for 6 years or 80,000 miles or 7 years or 100,000 miles. Only Honda can be used to purchase Honda Care because it is a manufacturer-sponsored program. You are prompted to choose if you want to extend your vehicle’s manufacturer warranty when you buy a new Honda. In this situation, Honda Care is useful. After the Honda warranties have run out, the Honda Care extended warranty coverage will take over. With Honda Care, owners of Honda vehicles can basically extend their current coverage for more security and to help with the expense of unplanned repairs and breakdowns.
Can I later add Honda care?
The American Honda Finance Corporation manages Honda Care Vehicle Service Contracts, which are offered for both new and used cars. A plan can be purchased for a brand-new car at any time before the Honda warranty, which lasts for three years and 36,000 miles, expires. It can offer exclusionary coverage for as long as eight years and 120,000 miles.
If you want the Honda Care Pre-Owned Vehicle Coverage and you acquire a used car with more than 3 years and 36,000 miles on it, you must purchase the plan from the dealer when you buy the car.
Vehicle Service by Honda Care All around the country, Honda stores honor contracts. New or remanufactured original Honda or American Honda components will be used in all repairs carried out by Honda factory-trained specialists. If a Honda dealership is not accessible by towing, you might be able to complete the repairs at a registered repair shop. However, in order to be qualified for coverage, you must first have Honda Care’s approval.
Honda Care does not cover routine maintenance, pre-existing conditions, glass, body parts, regular wear and tear, or tires.
Transfers And Cancellation
If you sell your car, you have the option to either terminate your Honda Care contract or transfer it to the new owner for the remaining duration of the contract, provided you meet certain requirements. Within 20 days of the sale date, the transfer must take place, and the buyer must be a private party (no lenders or dealers allowed). A $50 transfer fee will also be charged. If the transferee decides to sell the vehicle later, they cannot transfer the same contract to the subsequent buyer.
You will get a full refund if you cancel your Honda Care agreement within 60 days and don’t have any claims to make. A $25 cancellation charge and a prorated return are required if you choose to terminate your subscription beyond the initial 60-day period.
Can I purchase a warranty extension on my own?
After your manufacturer’s warranty expires, you can always buy an extended warranty. The majority of contemporary automakers do, however, have a provision requiring car owners to sign up for an extended warranty plan before the manufacturer’s warranty program expires.
If you insist on purchasing an extended warranty from the manufacturer, we advise signing up for it as soon as your factory warranty expires to avoid coverage gaps. You can always get an extended warranty when you buy the car, but doing so will require you to pay interest on a warranty that you won’t be able to use anytime soon. But if it’s a package deal that offers further discounts, go for it.
However, a third-party extended warranty is the best option if you want to always have the option to choose an extended warranty. As long as your vehicle complies with the company’s requirements, the majority of businesses will supply you with coverage at any point throughout your ownership and may even offer extended warranties for used cars. CarShield is one of the greatest alternatives.
How much does a Honda warranty extension cost?
In 2021, what will the price of a Honda extended warranty be? The price of your Honda extended auto warranty depends on your vehicle’s type, condition, and plan deductible. In contrast to CARCHEX Vehicle Protection Plans, which are normally far more economical, Honda dealership warranties typically cost between $1,000 and $1,500.
If Honda Care is financed, can I cancel it?
Honda Care can be canceled at any moment and for any reason. 100% of your money will be refunded if you cancel within 60 days. Refunds are then calculated based on the amount of remaining contract time or the amount of actual mileage.
Is a longer warranty worth the money?
Extended warranties are often “a lousy value” when it comes to the overall cost of your car, according to Gillis. 55% of consumers who bought an extended warranty in a Consumer Reports poll never used it. Most people who used the guarantee ended up spending more on repairs than they had originally saved.
Additional negatives include:
- Overlap: If you already have coverage from the manufacturer’s warranty or a mechanical breakdown insurance policy, you may not need the extended warranty. In that situation, Gillis claims that “the additional coverage is not worth the premium.”
- A Consumer Reports poll found that 55% of those who purchased extended warranties never used them.
- Limitations: You might need to bring your automobile to a repair facility that has been approved by the warranty instead of choosing your own technician.
- A percentage of the repair expense may be covered by some extended warranties. The remainder, along with a deductible, is your responsibility.
- Exclusions: The fine language in every contract outlines how the warranty may be applied. For instance, the provider can refuse to pay for issues brought on by regular wear and tear or lower the claim settlement in light of your car’s depreciation.
Do extended auto warranties have any value?
Generally speaking, extended auto warranties aren’t worthwhile financially. According to a Consumer Reports poll, the majority of individuals who acquire an extended warranty save less on repairs than they paid for the agreement.
An extended car warranty is probably not worthwhile if you drive a dependable vehicle and keep enough money in savings to cover an emergency auto repair. Similarly, if you already have a dependable technician or have insurance that provides comparable benefits, you might not need an extended warranty.
However, choosing to buy an extended warranty isn’t necessarily only a financial one. For some people, the cost of mental tranquility may be worth it. You might feel more at ease purchasing an extended warranty if your car isn’t the most trustworthy. Just be certain that you are aware of the history of the car and your personal priorities.
What does the Honda Care warranty cover?
Your new vehicle is safeguarded by Honda Care in crucial areas including the engine, transmission, suspension, air conditioning/heating, fuel system, etc. Transfers between private parties are permitted with Honda Care. The terms of Honda Care plans range from 5 years/60,000 miles to 8 years/120,000 miles.
Is Honda concerned about a nail in a tire?
The tire manufacturer’s warranty is extended by Honda Care Sentinel to include damage from potholes, nails, glass, and other road hazards. Your vehicle’s four original tires are covered for patchable leaks or punctures, up to a maximum cost of $25 per repair.
Does Honda Care cover issues with electricity?
Through its Honda Care plans, Honda provides new car owners with a variety of coverage alternatives. The engine, brakes, and electrical components are a few of the parts that a Honda Care plan for new Hondas covers.
Are oil changes covered by the Honda warranty?
The Sentinel Services VSC provides warranty protection through Honda Care for a range of products, including normal maintenance services like oil changes and tire repairs, key fob replacement, roadside assistance, concierge services, and a trip interruption benefit. A Honda technician with the appropriate certification must perform routine oil changes at a Honda Express Service Center. With a cap of one repair per tire, the tire repair coverage will pay you up to $35 per tire. Up to five Honda vehicles registered to the same family residence are covered by roadside assistance.
Why buying extended warranties is a bad idea?
Unfortunately, extended warranties are not all they’re cracked up to be, as the Ramsey Solutions blog argues, and there are a number of reasons you should avoid them.
According to the blog, one of the main reasons to stay away from extended warranties is the likelihood that you won’t actually utilize yours. That’s because the businesses that offer them “did the math” and usually make sure the warranties expire before the majority of the parts are expected to fail.
The extended warranties normally have several coverage exclusions, according to Ramsey’s site, so they are generally not worth the money. You’d be wasting your money by purchasing one because the guarantee might not cover the most frequent problems. The warranty provider could possibly go out of business before you can use it, in which case you would have paid ahead for nothing in return.
Ramsey further cautions that most extended warranties are costly and are a big source of revenue for both the businesses and the salespeople who upsell them to unwary customers.