Is an extended warrantee worth it?

External Since: Oct 22, 2003 Posts: 151

BenandMarhsa/Harmar,

How have your Nokian tires held up?

<BenAndMarsha.TakeThisOut@mail.com> wrote in message
news:noi321l1tdb2iiipbp1shcjlhsktel0jus@4ax.com...
>I have an '03 LS430 with 49000 miles on it.
>
> I plan on keeping the car 2 more years until the new '07 comes out.
>
> If I'm still under 50,000 miles, I can get a 100,000 mile extended
> Lexus bumper to bumper warrantee for about $2300.
>
> I wonder if the resale value in 2 years of my car with about 80,000
> miles will be enhanced enough with the warrantee to make it pay for
> itself.
>
> Anyone have any experience with this?

External Since: Mar 16, 2005 Posts: 3

that sounds like coverage provided by the Honda dealer...not Honda. The
Honda coverage (only on Honda/Acuras) basically is bumper to bumper
except for wear and tear stuff.

In any case, Honda/Acuras and Toyota/Lexus...less chances of needing the
extended warranty then most other cars.

A A wrote:
> I bought the Honda extended warranty on the strength of Honda's good
> name. The warranty covered a Mercury Mountaineer. The new Mountaineer
> was purchased from a company that owned side-by-side Lincoln-Mercury and
> Honda dealerships. After the Mercury warranty ran out, my heater/ac
> (temp) control would not work. No matter where I set the mechanical
> control, I got hot air only. The warranty covered a long list of
> specified parts that appeared to be comprehensive. As I recall,
> heater/ac controls were among the items covered, but the warranty weasel
> maintained that the contract covered the mechanism or knob on the dash
> only, not other parts of the control linkage that froze up or rusted in
> place. I've forgotten the name he used to identify the failed part, but
> it was definitely part of the heater/ac control system. A repair
> required removal of the dashboard, and took a couple of days, at a price
> over $1,000. The Honda warranty weasel claimed that the failed part of
> the control assembly linkage was not precisely specified as a covered
> component, so the warranty claim was denied. This type of contract is
> vulnerable to weasel-like language interpretation ... something I would
> not have expected from Honda.
>
> Interestingly, a friend of mine purchased a virtually identical vehicle
> as "used", and had the very same problem. His aftermarket warranty was
> not from Honda, and his repair was covered.
>
> I have heard that some warranties specify what is NOT covered, and that
> may be more workable. A buyer does not expect coverage for "wear items"
> like belts, hoses, tires, etc. However, the Honda extended warranty was
> clearly full of holes because no matter how many hundreds of items are
> listed as "covered", there are hundreds more that are likely not
> specified. So, it becomes a matter of trust and good faith to a large
> degree. My trust in the Honda name dropped sharply after this
> experience. Perhaps other companies are no better, but they should be.
>
> I must admit that Lexus balked at repairing a bad trunk release
> mechanism on my ES300 under terms of their extended warranty, but they
> did agree to the repair after I grumbled about it. I was frankly
> surprised when they initially told me that it might not be covered, but
> pleased when they did accept responsibility.
>