A Personal Experience Of An Extended
Auto Warranty
Having recently leased a new Honda, consideration was given
to purchasing an extended auto warranty. The
extended auto warranty provides customers from paying out high
costs for repairs, and provides comprehensive vehicle
protection.
Find out which extended auto warranty company we
recommend.
Currently, Honda has extended the new-car limited warranty
Powertrain coverage to 5 years/60,000 miles. According to the
DMV, "Neither limited nor unlimited warranties cover the entire
vehicle and all parts of the vehicle. The only warranty
coverage that can be enforced is what is written on the car's
sticker and included in the contracts.
An unlimited warranty means that any owner of the vehicle
can call upon the coverage of the warranty within a certain
time period and that the full price of repair is covered by the
warranty. Limited warranties may restrict the percentage of
repair paid for, limit the systems eligible for coverage,
restrict coverage by time or mileage, and they state, whether
the owner is required to pay a deductible."
The coverage included in the Honda extended warranty will
cover most all of the major components such as the engine,
drive train, transmission, and electrical system. In addition,
the extended warranty for Honda automobiles automatically goes
into effect at the expiration of the manufacturer’s warranty so
there is no lapse in coverage for your Honda automobile.
If you decide to purchase a Honda extended warranty, for
example, these are the benefits which are available:
24 hour roadside assistance; towing; lock-out service;
battery jump-start; tire change; fuel delivery; rental car
reimbursement which includes $35.00 per day for up to six days;
trip interruption service which includes $100 for up to 3 days
for meals and lodging; concierge emergency service which
includes urgent message relay; emergency cash advance;
emergency airline tickets; 24 hour weather information; special
emergency assistance; insurance claim assistance; auto glass
replacement referral; shipment of personal replacement items;
quality service which includes: factor-trained technicians at
authorized Honda dealers; genuine Honda authorized parts;
transfer conditions which allows Honda warranty coverage to
become transferable for the life of the vehicle service
contract; and more.
In fact, according to experts, extended warranties don't
exist because warranties are included in the selling price of a
vehicle. A dealer uses that phrase when they are selling
service contracts. Like warranties, the contracts pay for
repairs on the covered mechanical systems, but the level of
service varies greatly depending on the terms of the contract.
To avoid any confusion, carefully research both the company
offering the service contract and the terms of coverage before
you sign a contract.
As you can clearly ascertain from the above information,
whether or not to purchase an extended auto
warranty is a choice you have to make. While you may
have totally research the car of choice, it is even more
difficult to decide upon the extended warranty based on the
information provided by the manufacturer. As they say, "the
devil is in the details."
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