Best Honda Care Extended Warranty Prices

[overclocked]

I think their prices went up? I just got quoted 1420 from Hyannis for the 60 mo/120k for a 2010 with 19k miles. I'm going to shop around.

[CINCYFAN]

I'm fairly certail your quote is higher because your vehicle has too many miles. I think the limit is 6k miles.

[DetroitTigers]

Here is the info received when filling out the online form at Hyannis Honda. Keep in mind it could vary depending upon what state you live in. Not sure about this...

2013 Honda Odyssey with 15 miles.

This quote is valid if purchased by the end of February 2013.

Coverage Level $0 Deductible $100 Deductible 3 years/45000 miles $295.00 Not Available 4 years/60000 miles $450.00 Not Available 5 years/60000 miles $460.00 Not Available 5 years/80000 miles $615.00 $510.00 5 years/100000 miles $735.00 $630.00 6 years/80000 miles $680.00 $575.00 6 years/100000 miles $890.00 $785.00 6 years/120000 miles $1,000.00 $895.00 7 years/80000 miles $775.00 $670.00 7 years/100000 miles $1,095.00 $990.00 7 years/120000 miles $1,205.00 $1,100.00 8 years/100000 miles $1,175.00 $1,070.00 8 years/120000 miles $1,280.00 $1,175.00

[UAV_AV80R]

The following chart includes all the Honda Care coverage plans that are available for your vehicle registered in Georgia.

2013 Honda Odyssey with 7 miles.

This quote is valid if purchased by the end of February 2013.

Coverage Level $0 Deductible $100 Deductible 3 years/45000 miles $345.00 Not Available 4 years/60000 miles $500.00 Not Available 5 years/60000 miles $510.00 Not Available 5 years/80000 miles $665.00 $560.00 5 years/100000 miles $785.00 $680.00 6 years/80000 miles $730.00 $625.00 6 years/100000 miles $940.00 $835.00 6 years/120000 miles $1,050.00 $945.00 7 years/80000 miles $825.00 $720.00 7 years/100000 miles $1,145.00 $1,040.00 7 years/120000 miles $1,255.00 $1,150.00 8 years/100000 miles $1,225.00 $1,120.00 8 years/120000 miles $1,330.00 $1,225.00

[Barebones]

I got the same prices for PA that UAV_AV80R got for GA.

[Barebones]

Unless I'm misunderstanding your question, I would think there are different premiums because labor rates differ from area to area. In other words, the premium is based on where the owner lives, not where the seller of the warranty is.

As for whether to finance the premium, I would do it since the APR is so low if my dealer matches the online quote I got. I'll find out this weekend when I plan to buy the vehicle.

Here is what I don't get: Why are there slight variations in the price from the same online dealer from one post to another? Does some sort of cost vary on their side regarding the purchasing of the contract or the processing of it. It seems like it shouldn't be so random. If someone in CA buys a warranty from Hyannis and someone buys in WA, FL, MA and everywhere in between, should it not be the same price? Am I missing something here??? Does your state tax get factored in possibly? Are warranties taxed? (sorry if this has been answered in the past 60 pages, but I'm just wondering)

I was quoted $1495 by a dealer in Ohio as their bottom line based upon their cost. Maybe smaller dealers can't match Internet deals with high volumes or the mega-dealers that sell Honda and every other manufacturer under the sun.

So what is the decision?

Buy car from dealer and buy plan from Internet at $1200-$1300 or so and charge to credit card or pay $1495 as part of the car buying package financed at 0.9% over 60 months?

I have an accounting background and understand how compound interest works to amortize costs over time. Is there any benefit to buying the warranty from the dealer? The dealer I am working with will not likely service my car anyways because I live in a different state about 2.5 - 3 hours away unless I happen to be passing by and need work done...

Thoughts?

[DetroitTigers]

Unless I'm misunderstanding your question, I would think there are different premiums because labor rates differ from area to area. In other words, the premium is based on where the owner lives, not where the seller of the warranty is.

As for whether to finance the premium, I would do it since the APR is so low if my dealer matches the online quote I got. I'll find out this weekend when I plan to buy the vehicle.

I am further in the process now and have bought my 2013 Odyssey TE. So labor from state-to-state doesn't matter. The Honda Care contract is underwritten by Honda so they should honor at any authorized Honda stealer. I read the contract front-to-back and then re-read back-to-front. It seems good and it appears as though typical wear-related items are the only things not covered for the most part.

Regarding state-to-state, there is no tax on this from what I understand so if it does vary it is related to something else such as State law policies or something. It may not even vary from state to state but could vary from time-to-time based upon what broker's (Honda Dealers) cost is.

I am completing my D82 purchase later today. I do know that prices have gone up $50 after I locked mine in. FYI: Go out and fill out online form at Hyannis to lock rate in case it goes up again. It has gone drom 1280 to 1330.

[tim_dallas]

All,

I am in the North Dallas area and just bought a new 2013 EXL. I turned down the extended warranty offer from the dealer since I have been reading about lower offers on the internet. I have also received quotes for Sacucchi/Hyannis recently. My questions are,

a. Has anyone had problems with Honda Care extended warranty(bought from outside the state) with dealerships in North Dallas?
b. The quotes I have received are in the $1300-$1400 range. Is this what other Dallas & Texas owners have been receiving?
c. Are you aware of any other dealerships in the North Dallas area that offer a similar price? My dealer was not able to come close to the internet prices from Sacucchi & Hyannis.

Thanks.

-Tim

[snert]

My Chicago dealer matched the $1225 quote on 8 years/100K zero deductible just by showing them the email I received. The finance person said that Honda is "in litigation" with the dealerships in Rhode Island and Massachusetts and they will have their franchises pulled. I am not sure that's true, but since they matched the quote and I was able to fold it into my 0.9 APR financing, I was happy.

[Hogan773]

My Chicago dealer matched the $1225 quote on 8 years/100K zero deductible just by showing them the email I received. The finance person said that Honda is "in litigation" with the dealerships in Rhode Island and Massachusetts and they will have their franchises pulled. I am not sure that's true, but since they matched the quote and I was able to fold it into my 0.9 APR financing, I was happy.

So Honda is going to sue the Hyannis dealers for not properly gouging the customers? Should leave it up to the local dealers to gouge the customers?

Honda is getting the same price for its warranties if it is selling them at the same cost. Whether a Hyannis dealer is willing to sell hundreds of them for $50 profit while the local dealer is trying to gouge a $750 profit on one, not sure why Honda should care economically.......they should actually just want to sell as many as possible......

[citivas]

I bought our Odyssey today. After I had already gotten them to match the lowest of all the quotes I got from competing dealers for the purchase price, which factored in them using their dealer incentives and was competitive with others are quoting in this forum, they offered me an additional $750 cash incentive on a warranty at close if I financed the vehicle at 0.9%. I didn't need to finance but at 0.9% it's basically free money and I can pay it off without penalty next month or any time if I don't want to pay even the modest interest which only amounts to about $300 over the life of the loan if I didn't pre pay it. So why not. Of course they then offered a ridiculous price for the 8 year/100K warranty ($2,495). But knowing the prices available from this forum I said it wasn't worth even the $750 incentive to get the warranty at that price and I was happy to take my chances getting the warranty elsewhere. Bottom line was when we were done I got it for $999 after 7% sales tax as an incentive to finance at 0.9%...

[snert]

Great deal. Your warranty purchase should not be subject to sales tax though.

[citivas]

Great deal. Your warranty purchase should not be subject to sales tax though.

Interesting. The paperwork clearly shows tax for the warranty . First, there's a worksheet for the warranty by itself which shows the base price plus 7% NJ sales tax. Then in the final bill of sale the warranty is added to the cost of the vehicle itself so it is subjected to sales tax with the car purchase, rather than being broken out as a separate item.

Is it possible the rules vary with state? Hard to believe a large dealer would leave a paper trail of charging tax for the warranty if it wasn't legal.

[kunalrd2000]

Any one know about EASY care extended warranty ? Is Honda care of easy care better.