On 8/20/05 8:46 AM, in article
1124545616.476039.235490@z14g2000cwz.googlegroups. com, "dufffman@gmail.com"
<dufffman@gmail.com> wrote:

> Hi,
>
> Thanks for your replies.. I was still a little confused by your
> replies. You guys vehemently oppose extended warranties, but is it
> really a bad idea to have everything in your car covered for a $1000
> more bucks? I mean, if anything goes wrong with your car you end up
> spending at a few hundred on it. And in Mike's case, a 7 year warranty
> for $600 bucks? I understand that the dealer makes money on it, but
> what do YOU really lose? A peace of mind for the next 10 years, and if
> nothing goes wrong, you still only paid 600 bucks, rite?

The only thing I have ever spent any where near $600 to repair on Hondas has
been the timing belt and the extended warranties don't cover that.

>
> And in simple terms would I be better off buying a new accord '05 rite
> now, or wait till next month when the '06's come out for a better deal?
>

The '05 will be immediately a one year old car. The line of reasoning here
should be about how long you plan to keep it. If you are thinking two or
three years, you will lose an extra year's worth of depreciation when you go
to trade it. If you plan to keep it forever (forever is about 5 years),
that doesn't come into play and you should go with the best price you can
get.

> thank you very much!
> ANd as dick said he just made it under the warranty period in '03. If
> he hadn't what would your cost to fix that glitch have been?
>
> I appreciate your replies and am not trying to discount them by any
> means. I just dont know too much about cars (its the first car I am
> buying) and am thinking from different perspectives as to what would be
> the best thing to do.
>
> and mike what do u mean when you say
>> i bet the people
>> that got extended warranties on honda v6/automatic are happy
> so are you saying that its good to get an extended warranty on an
> automatic V6 or are you saying that the automatic V6's are crap? Maybe
> I am a little too drunk from friday nite, but I believe that you were
> talking about how warrnty SHOULDN'T be purchased, so why the switch?
>

I find this comment confusing as well. Honda extended the warranty on the
transmissions that have problem potential to 7 years/100,000 miles, so an
aftermarket extended warranty would be pointless for this purpose.


>
> I am very close to buying a car and
>

 

In article <BF2CA1AB.DC1AF%epmeyer50@msn.com>,
E Meyer <epmeyer50@msn.com> wrote:

> The only thing I have ever spent any where near $600 to repair on Hondas has
> been the timing belt and the extended warranties don't cover that.

At 35K miles and 44 months old (out of warranty), my 02 Odyssey
developed a bad airflow sensor. That's a $300 repair.

Thanks to my relationship with the dealer, though, I didn't have to pay
any of it. But my relationship with my dealer is something I've
cultivated over 25 years, and it's relatively easy for me to have them
cover it under the terms Honda allows them. (Honda pays for these types
of things; it's a discretionary account the dealer has with Honda.)

But many people are not in my position, and would prefer to have a
formal arrangement with Honda regarding this kind of thing.

Given how the Honda beancounters have taken over and Honda is now
building things more cheaply, and more things are going wrong, maybe
it's not a bad idea.

But then again, Honda is supposed to have a reputation as the car to buy
when you don't want to worry about things....guess the Honda accountants
are doing everything they can to destroy that reputation.

It took Honda 30 years to build that reputation, and it's taking far
less time for their new accountant-oriented management to destroy it.

Might as well buy a Hyundai.

 

On 20 Aug 2005 06:46:56 -0700, dufffman@gmail.com wrote:

>Hi,

>
>And in simple terms would I be better off buying a new accord '05 rite
>now, or wait till next month when the '06's come out for a better deal?

If you really intend to keep your car for 10 years, there is no
question that buying the '05 is a better deal for you. Take advantage
of the model year closeouts. Both of our last Accords were purchased
just before the next year came out, and we got terrific deals on them.
In 10 years, the difference in resale value between the '05 and '06
might buy you six-pack. Don't even put end-of-use value into your
thinking because it doesn't matter.

Dick

 

E Meyer wrote:
> I find this comment confusing as well. Honda extended the warranty on the
> transmissions that have problem potential to 7 years/100,000 miles, so an
> aftermarket extended warranty would be pointless for this purpose.

supposedly. on some cars. and there are always dealers that love to play
"dumb" about stuff like that.

"never heard about that"

"nope- your VIN doesnt qualify"

"your fluid is burnt- thats abuse!"

 

Elmo P. Shagnasty wrote:
>
> But then again, Honda is supposed to have a reputation as the car to buy

and toyota, as well.

> when you don't want to worry about things....guess the Honda accountants
> are doing everything they can to destroy that reputation.
>
> It took Honda 30 years to build that reputation, and it's taking far
> less time for their new accountant-oriented management to destroy it.
>
> Might as well buy a Hyundai.
>
or a toyota.

 

Dick wrote:
> On 20 Aug 2005 06:46:56 -0700, dufffman@gmail.com wrote:
>
>
>>Hi,
>
>
>>And in simple terms would I be better off buying a new accord '05 rite
>>now, or wait till next month when the '06's come out for a better deal?
>
>
> If you really intend to keep your car for 10 years, there is no
> question that buying the '05 is a better deal for you. Take advantage
> of the model year closeouts.

for a model not due for a change, sure. in some cases, like the civic, i
like the previous gen better than the current one.

 

In article <WpadnexQNbp3wJreRVn-og@comcast.com>,
SoCalMike <mikein562athotmail@hotmail.com> wrote:

> > Might as well buy a Hyundai.
> >
> or a toyota.

yeah, but a Hyundai is cheaper--and has most, if not all, of the quality
that Honda *used* to have.

Me, I'd buy a used Lexus...

 

dufffman@gmail.com wrote:
> Hi,
>
> Thanks for your replies.. I was still a little confused by your
> replies. You guys vehemently oppose extended warranties, but is it
> really a bad idea to have everything in your car covered for a $1000
> more bucks? I mean, if anything goes wrong with your car you end up
> spending at a few hundred on it. And in Mike's case, a 7 year warranty
> for $600 bucks? I understand that the dealer makes money on it, but
> what do YOU really lose? A peace of mind for the next 10 years, and if
> nothing goes wrong, you still only paid 600 bucks, rite?
>
>
> And in simple terms would I be better off buying a new accord '05 rite
> now, or wait till next month when the '06's come out for a better deal?
>
> thank you very much!
> ANd as dick said he just made it under the warranty period in '03. If
> he hadn't what would your cost to fix that glitch have been?
>
> I appreciate your replies and am not trying to discount them by any
> means. I just dont know too much about cars (its the first car I am
> buying) and am thinking from different perspectives as to what would be
> the best thing to do.
>
> and mike what do u mean when you say
>
>>i bet the people
>>that got extended warranties on honda v6/automatic are happy
>
> so are you saying that its good to get an extended warranty on an
> automatic V6 or are you saying that the automatic V6's are crap? Maybe
> I am a little too drunk from friday nite, but I believe that you were
> talking about how warrnty SHOULDN'T be purchased, so why the switch?
>
>
> I am very close to buying a car and
>
the extended warranties are practically worthless. read the fine print.
they do not cover anything that wears out, they do not cover labor
[typically], they just "cover" major items that never fail like
crankshafts, and even then, it's latent defects, not wear. these
policies are written by people that can do the math. if probability of
failure x the cost of repair exceeds the price of the policy, including
all the overhead, commissions, etc., you don't need to be a rocket
scientist to figure out that the policy would never be written.
therefore statistically, you will never benefit from it. again, read
the fine print with this in mind & you'll see what i mean.

 

On Sat, 20 Aug 2005 09:45:49 -0700, SoCalMike
<mikein562athotmail@hotmail.com> wrote:

>Dick wrote:
>> On 20 Aug 2005 06:46:56 -0700, dufffman@gmail.com wrote:
>>
>>
>>>Hi,
>>
>>
>>>And in simple terms would I be better off buying a new accord '05 rite
>>>now, or wait till next month when the '06's come out for a better deal?
>>
>>
>> If you really intend to keep your car for 10 years, there is no
>> question that buying the '05 is a better deal for you. Take advantage
>> of the model year closeouts.
>
>for a model not due for a change, sure. in some cases, like the civic, i
>like the previous gen better than the current one.

My comments were directed toward someone staying within the 7th
generation of Accords. When crossing generations, other things come
into consideration.

Dick

 

Thanks Elmo P. Shagnasty for your reply. I am exactly in that position
which is why I am contemplating the warranty and was wondering how much
would it cost?

I am looking at either brand new accords or used models from 2004 or
2003 with under 20K miles on them. Was there a problem with the V4's
also or only the V6's till mid 2004?

I understand that it doesn't matter if I buy the '05 or the '06. My
question is, is it the best time RIGHT NOW to get the best deals or
wait till sometime in September to get the best deals?

Sorry for the repeated questions, but I am really an amateur in this
field and could use all the help I could get!

Thanks

 

On 20 Aug 2005 12:49:41 -0700, dufffman@gmail.com wrote:

>Thanks Elmo P. Shagnasty for your reply. I am exactly in that position
>which is why I am contemplating the warranty and was wondering how much
>would it cost?
>
>I am looking at either brand new accords or used models from 2004 or
>2003 with under 20K miles on them. Was there a problem with the V4's
>also or only the V6's till mid 2004?
>
>I understand that it doesn't matter if I buy the '05 or the '06. My
>question is, is it the best time RIGHT NOW to get the best deals or
>wait till sometime in September to get the best deals?
>
>Sorry for the repeated questions, but I am really an amateur in this
>field and could use all the help I could get!
>
>Thanks

Depends upon the dealer's inventory and what you want in the car. The
longer you wait, the less choices you will have in color, etc. I
think right now is the optimum time.

Dick

 

dufffman@gmail.com wrote:

> Hi,
>
> Thanks for your replies.. I was still a little confused by your
> replies. You guys vehemently oppose extended warranties, but is it
> really a bad idea to have everything in your car covered for a $1000
> more bucks?

It's not bad, per se, but it's a losing proposition for buyers
financially. Ultimately it's your car & your $$$, so do whatever lets
you sleep better.

 

In article <1124567381.919557.147670@g47g2000cwa.googlegroups .com>,
dufffman@gmail.com wrote:

> I am looking at either brand new accords or used models from 2004 or
> 2003 with under 20K miles on them. Was there a problem with the V4's
> also or only the V6's till mid 2004?

The problem was the auto trans that they hooked to the V6 engines.

The 4 cylinder engine auto trans was fine.

 

In article <v66dnSkgQoAg95reRVn-og@speakeasy.net>,
jim beam <nospam@example.net> wrote:

> the extended warranties are practically worthless. read the fine print.
> they do not cover anything that wears out, they do not cover labor
> [typically], they just "cover" major items that never fail like
> crankshafts, and even then, it's latent defects, not wear.

You're not speaking from a position of having read the HondaCare
contract, are you.

No, you're not.

 

Elmo P. Shagnasty wrote:
> In article <WpadnexQNbp3wJreRVn-og@comcast.com>,
> SoCalMike <mikein562athotmail@hotmail.com> wrote:
>
>
>>>Might as well buy a Hyundai.
>>>
>>
>>or a toyota.
>
>
> yeah, but a Hyundai is cheaper--and has most, if not all, of the quality
> that Honda *used* to have.
>
> Me, I'd buy a used Lexus...
>
a friend at work bought a 91 LS400 for $9000 several years ago. had 200k
on it at the time. now its got 300k and he hasnt had to do anything to
it aside from regular maintenance

 

dufffman@gmail.com wrote:
> Thanks Elmo P. Shagnasty for your reply. I am exactly in that position
> which is why I am contemplating the warranty and was wondering how much
> would it cost?
>
> I am looking at either brand new accords or used models from 2004 or
> 2003 with under 20K miles on them. Was there a problem with the V4's
> also or only the V6's till mid 2004?

just the V6 with the automatic. and only some of em.
>
> I understand that it doesn't matter if I buy the '05 or the '06. My
> question is, is it the best time RIGHT NOW to get the best deals or
> wait till sometime in September to get the best deals?

for used i dont think its gonna matter.
>
> Sorry for the repeated questions, but I am really an amateur in this
> field and could use all the help I could get!
>
> Thanks
>

 

Sparky Spartacus wrote:
> dufffman@gmail.com wrote:
>
>> Hi,
>>
>> Thanks for your replies.. I was still a little confused by your
>> replies. You guys vehemently oppose extended warranties, but is it
>> really a bad idea to have everything in your car covered for a $1000
>> more bucks?
>
>
> It's not bad, per se, but it's a losing proposition for buyers
> financially. Ultimately it's your car & your $$$, so do whatever lets
> you sleep better.


and if you are going to go that route, best to pay for it seperately.
say for the sake of argument you can only get a loan with 10% interest.
that $1000 warranty becomes a $1500 warranty over 5 years. and the first
3 years are covered anyway.

 

<dufffman@gmail.com> wrote in message
news:1124567381.919557.147670@g47g2000cwa.googlegr oups.com...
> Thanks Elmo P. Shagnasty for your reply. I am exactly in that position
> which is why I am contemplating the warranty and was wondering how much
> would it cost?
>
> I am looking at either brand new accords or used models from 2004 or
> 2003 with under 20K miles on them. Was there a problem with the V4's
> also or only the V6's till mid 2004?
>
> I understand that it doesn't matter if I buy the '05 or the '06. My
> question is, is it the best time RIGHT NOW to get the best deals or
> wait till sometime in September to get the best deals?
>
> Sorry for the repeated questions, but I am really an amateur in this
> field and could use all the help I could get!
>
> Thanks

I was in a similar situation you're in right now. The longer you wait, the
less choice you have in color, etc. Hondas normally do not have many or any
factory options to choose from - only dealer options. I hear the '06
Accords will have some differences in body panels, etc - mainly cosmetic.

Have purchased used cars in the past and on the urging of others decided to
bite the bullet and buy new this time. You don't have to wonder/worry about
the previous maintenance or history on the vehicle - piece of mind.

I just picked up an '05 Accord LX 5-speed (had to have SOME fun driving!)
The finance mgr was trying to push many different warranties and oil change
options. I didn't take any of them. Salesman was excellent. Also found
out through a relative to call Geico - they automatically extend the
warranty to 100k miles/10 years on a new car. Not sure on the 10 year
part - might be 7 or something. I decided not to do the Geico thing - read
too many negative things about them, and am perfectly happy w/current auto
insurance.

I plan on keeping this car for a while and hopefully the Honda beancounters
didn't hurt this car! I think most problems will rear it's head within the
warranty period.

Differences between the LX and EX models - the EX adds the 6-disc in dash
changer, 16" alloy wheels, sunroof and 4-wheel disc brakes. Those are the
major differences. I would have loved those options but had to keep costs
down - hence the LX.

If you can, check the websites of your local Honda dealerships to see what
they currently have in stock. Go to different ones and see what the best
price you can negotiate with each one, and don't forget about the service
you're receiving. I'm more inclined to give my business to the non-pushy
salesman who might be a fifty bucks more than the greaseball salesman that I
don't trust/like. I was also shopping for about a month before I purchased,
so I had an advantage - I wasn't desperate.

Good luck!
-Dave

 

Elmo P. Shagnasty wrote:
> In article <v66dnSkgQoAg95reRVn-og@speakeasy.net>,
> jim beam <nospam@example.net> wrote:
>
>
>>the extended warranties are practically worthless. read the fine print.
>> they do not cover anything that wears out, they do not cover labor
>>[typically], they just "cover" major items that never fail like
>>crankshafts, and even then, it's latent defects, not wear.
>
>
> You're not speaking from a position of having read the HondaCare
> contract, are you.
>
> No, you're not.
>
you're right, i haven't. but i've read ford, and it's practically
worthless. admittedly, ford is not honda. yet.

the fact still remains however that you would not be able to buy an
extended warranty if there was any statistical liklihood of you
benefitting from it!

 

In article <eqGdnSTcToMSWJXeRVn-jw@speakeasy.net>,
jim beam <nospam@example.net> wrote:

> > You're not speaking from a position of having read the HondaCare
> > contract, are you.
> >
> > No, you're not.
> >
> you're right, i haven't. but i've read ford, and it's practically
> worthless. admittedly, ford is not honda. yet.

rather, honda is not ford--yet.

Slippery slope, Honda, slippery slope....