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Car Forum / Honda Cars / May 2007warrantee q
Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to go 6yr/100k? > Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to > go 6yr/100k? No. At 100k, a Honda is just getting broke in. Spend it on collision and comprehensive insurance. Body repair rates are insane, these days. BTW, anyone not carrying at least half a million of liability/medical is either broke or stupid. nb > At 100k, a Honda is just getting broke in. Spend it on > collision and comprehensive insurance. Body repair rates are insane, > these days. Agreed. > BTW, anyone not carrying at least half a million of > liability/medical is either broke or stupid. Even that little is stupid. Get an umbrella policy. Cheap, and covers all your liability--car and home. >> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to >> go 6yr/100k? [quoted text clipped - 7 lines] > > nb Pay for 100,000 on your car insurance and get an umbrella policy. It is much less expensive, and also covers ANY liability you may have, including your home. State Farm now requires more than 100k coverage to qualify for the umbrella. >>> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to >>> go 6yr/100k? [quoted text clipped - 11 lines] > much less expensive, and also covers ANY liability you may have, including > your home. > State Farm now requires more than 100k coverage to qualify for the > umbrella. Then buy from someone else. I use Geico, and it is 100k... GEICO would be the only carrier to require it then. Typically the required liability is $500,000, though some carriers will go to $300,000 or $250,000/$500,000. >> State Farm now requires more than 100k coverage to qualify for the >> umbrella. > > Then buy from someone else. I use Geico, and it is 100k... > GEICO would be the only carrier to require it then. Typically the > required liability is $500,000, though some carriers will go to $300,000 [quoted text clipped - 4 lines] >> >> Then buy from someone else. I use Geico, and it is 100k... There are lots of reasons I like GEICO best... ;-) >> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to >> go 6yr/100k? [quoted text clipped - 7 lines] > > nb You don't need a half million in insurance unless your net worth is that much. If I've got only $800 in the bank, an eight year old car, no real estate and a lot of credit card debt, you could sue me whatever I may have done or not done and win a judgment for $2,000,000.... and you'd never get a dime. Can't get blood from a stone my boy. That why lawsuits are directed toward those with deep pockets;-) But why would you want to lose any of what little you have? >>> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to >>> go 6yr/100k? [quoted text clipped - 17 lines] > > That why lawsuits are directed toward those with deep pockets;-) On May 11, 12:42 pm, merlotbroug...@hotmail.com wrote: > Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to > go 6yr/100k? Warranty Direct offers "bumper to bumper" 6yr/100K for about $1000 with a $100 deductible. Lots of independent mechanics can use Warranty Direct, you are not tied to Honda dealers. But, IMHO, she'd be better off paying for a roadside service plan (flat tires, dead battery, etc), adding towing and rental car riders to her auto insurance policy and putting the remainder into some investment. I would never buy a 3rd party warranty. Besides the Honda care policy can be found cheaper on the internet. > On May 11, 12:42 pm, merlotbroug...@hotmail.com wrote: >> Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to [quoted text clipped - 8 lines] > to her auto insurance policy and putting the remainder into some > investment. On May 11, 11:42 am, merlotbroug...@hotmail.com wrote: > Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to > go 6yr/100k? Ody's were redesigned in 05, 06? I haven't seen any long-term "watch" items for the newer model yet. Still too new? > Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to > go 6yr/100k? Hell no. For one, I think there's already an extended Honda drive train warranty beyond the bumper to bumper coverage you mentioned. Tell her to take the $1600, put it in a good mutual fund and in the unlikely event the bus needs significant repairs after the Honda warranty period, pay for them with the capital gains on the mutual fund. Now if it was a Ford or GM vehicle, I'd probably have different advice;-) On the internet you can buy a zero deductible 120k 8 year Honda Care service agreement for around $1200 so your deal is not worth it. Search using www.google.com and make sure it is official honda agreement. 3rd parties can go out of business. Is any worth buying? If you sell the care before the service agreement is over you will probably get a lot more money for it so it could easily pay for itself. > Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to > go 6yr/100k? On May 11, 11:42 am, merlotbroug...@hotmail.com wrote: > Sis just bought a new Odyssey. Comes with 36mo/60kmile. Worth $1600 to > go 6yr/100k? Want to thank you all. Based on what you fellas have said, she is not buying the extended warrantee. |
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