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Folks, Need you inputs. I got 2013 Accord Sport Automatic last week for 22.4 OTD. Dealer was offering (forcing) Maintenance package for $1050. This will cover all the regular manufacturer recommended scheduled maintenance (till 60K miles).

My Questions:

1. Is this maintenance package worth it? How much is the maintenance cost for Hondas? They told me that the major maintenance would be 30K and 60K miles which should be $500 each? Is this correct?

2. I am also thinking about getting Honda Care extended warranty. Is it worth getting extended warranty? I am planning to keep this car for next 10 years.

Appreciate your response.
 

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Folks, Need you inputs. I got 2013 Accord Sport Automatic last week for 22.4 OTD. Dealer was offering (forcing) Maintenance package for $1050. This will cover all the regular manufacturer recommended scheduled maintenance (till 60K miles).

My Questions:

1. Is this maintenance package worth it? How much is the maintenance cost for Hondas? They told me that the major maintenance would be 30K and 60K miles which should be $500 each? Is this correct?

2. I am also thinking about getting Honda Care extended warranty. Is it worth getting extended warranty? I am planning to keep this car for next 10 years.

Appreciate your response.
I don't have the maintenance package but it shouldnt realistically be needed. You will have to change your oil roughly every 7500 miles so don't buy it. I have the extended 7 year or 100k mile warranty I would recommend it. Who knows what will happen with the cvt tranny and other things of the like.
 

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I bought it anyways. It's an added value when reselling it back if warranty is still there.
 

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Here's my philosophy (right or wrong)

I've never bought an extended warranty in my life. I figure I can take all the money I've "saved" over the years and put it into a make believe account which, if needed, could be used for repairs on something that an extended warranty would have covered and at the end of my life I'll come out ahead.

So far I've been fortunate in that regard.

One thing to consider is this - companies are in business to make a profit. They would not push things like extended warranties if they did not make a decent profit from them. So the odds that you'll cash in on the warranty and they'll lose money are bad IMO. They pay smart people a lot of money to figure that out so it's a losing game in most cases.
 

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I don't have the maintenance package but it shouldnt realistically be needed. You will have to change your oil roughly every 7500 miles so don't buy it. I have the extended 7 year or 100k mile warranty I would recommend it. Who knows what will happen with the cvt tranny and other things of the like.
Your car's only regular maintenance required is to change the oil. The maintenance minder will tell you when that's required. It will vary depending on your driving habits. I have never had the "inspections' done because every time they change my oil they do an inspection looking for things to fix. An oil change at my Honda dealer is quoted at $39.

I have never purchased an extended warrantee on a Honda. The only time I had a major repair was on my 2000 Accord coupe. The transmission failed at 93,000 miles due to a manufacturing defect and Honda replaced it for free under an extension on the transmission to seven hers or 100,000 miles. If I thought I needed one then you can buy one from Honda as long as the bumper to bumper warrantee is in effect.

There has been a lot of discussion on this board concerning the longevity of the CVT transmission. I think that Honda has a ton of money invested in this technology and if they begin to fail Honda will make it right. The CVT transmission is where their future lies and they don't want a lot of bad publicity if they start failing. I think they will make their customers happy if that occurs. They have just opened a CVT transmission factory in Ohio and one in Mexico. CVT transmissions are not new to Honda. They have been around since 2000 on the Civic hybrid, non US Fit/Jazz and the Insight
 

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I bought the warranty because of all the electronic stuff this car has, as peace of mind. I usually don't buy the extended warranty, but I did with my Mazda. It didn't get used until 89k miles (out of the 100k), but it was something that saved me double what I paid for the warranty.
 

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Here's my philosophy (right or wrong)

I've never bought an extended warranty in my life. I figure I can take all the money I've "saved" over the years and put it into a make believe account which, if needed, could be used for repairs on something that an extended warranty would have covered and at the end of my life I'll come out ahead.

So far I've been fortunate in that regard.

One thing to consider is this - companies are in business to make a profit. They would not push things like extended warranties if they did not make a decent profit from them. So the odds that you'll cash in on the warranty and they'll lose money are bad IMO. They pay smart people a lot of money to figure that out so it's a losing game in most cases.
Yes, it is called INSURANCE! Insurance uses the law of large numbers to spread risk around. Do you say "bahh I've never had my house burn down in 20 years, so I'm not gonna buy home insurance"? No. And the reason is that the expected hit if you did have a catastrophe is often much more than a normal person can cover (and in any case if you have a mortgage you're required to have insurance anyway :) )

When it comes down to smaller items like cars, or TVs, or toaster ovens, then it becomes murkier. Yes, on small electronics Best Buy makes a mint by selling you a $10 insurance policy on your $50 toaster oven. Why people buy these policies is beyond me! On the car, it can be more of a coin toss. With the added complexity of these parts, one major glitch can easily cost more than the price of a warranty. So the question is, what is the likelihood that you will experience such a glitch in the period between the regular 3/36 warranty and whatever additional period your extended covers. Nobody really knows that of course. On my Odyssey I gave in and bought the warranty since the DVD player alone costs $2000 as a part, before any labor. MAKE SURE IF YOU BUY A WARRANTY THAT YOU GET THE QUOTES FROM THE ONLINE DEALERS OF THESE WARRANTIES so you don't overpay. For many, $800-1000 for added peace of mind over their ownership period is worth it. By definition, it is probably a money-loser over the aggregate number of buyers, and on a Honda I think this is less likely to have all those major problems.

Your car's only regular maintenance required is to change the oil. Te maintenance minder will tell you when that's required. It will vary depending on your driving habits. I have never had the "inspections' done because every time they change my oil they do an inspection looking for things to fix. An oil change at my Honda dealer is quoted at $39.

I have never purchased an extended warrantee on a Honda. The only time I had a major repair was on my 2000 Accord coupe. The transmission failed at 93,000 miles due to a manufacturing defect and Honda replaced it for free under an extension on the transmission to seven hers or 100,000 miles. If I thought I needed one then you can buy one from Honda as long as the bumper to bumper warrantee is in effect.

There has been a lot of discussion on this board concerning the longevity of the CVT transmission. I think that Honda has a ton of money invested in this technology and if they begin to fail Honda will make it right. The CVT transmission is where their future lies and they don't want a lot of bad publicity if they start failing. I think they will make their customers happy if that occurs. They have just opened a CVT transmission factory in Ohio and one in Mexico. CVT transmissions are not new to Honda. They have been around since 2000 on the Civic hybrid, non US Fit/Jazz and the Insight
Why would you buy a "maintenance package" that is prepaid maintenance? That locks you into doing your work at that dealer. Especially if they are "forcing" it on you? No thanks.

SO ON THE ABOVE TOPIC OF WARRANTY with respect to this specific Accord....what beyond the CVT is really worthy of being worried about? I won't have a DVD player. I won't have power doors and tailgate like on my Ody. Those 3 things were what pushed be over to getting the warranty on the Ody. All the electronic doo-dads like LDW and blindspot monitoring are all just parts-related risks right? I mean they are just little cameras in the mirrors that shouldn't really just "fail" any more than a backup camera should fail. I tend to agree with Flyboy that you already have a 5/60 warranty on the CVT right? And if there are problems developing you probably have a decent shot of getting a partial or full payment on a CVT even past the warranty period by a few years. How much would a brand new CVT cost for parts and labor? $3000? $4000? So if that is the PRIMARY thing you're buying the warranty to protect, then is it really likely that there is a 25% chance it's gonna fail between years 5 and 8, AND Honda will tell you to pound sand? My guess is no.
 

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For many, $800-1000 for added peace of mind over their ownership period is worth it. By definition, it is probably a money-loser over the aggregate number of buyers, and on a Honda I think this is less likely to have all those major problems.

...

SO ON THE ABOVE TOPIC OF WARRANTY with respect to this specific Accord....what beyond the CVT is really worthy of being worried about?

...

So if that is the PRIMARY thing you're buying the warranty to protect, then is it really likely that there is a 25% chance it's gonna fail between years 5 and 8, AND Honda will tell you to pound sand? My guess is no.
CVT was primary motivation for me to research an extended warranty. I agree warranties are built to generate profitable revenue for the writer. But CVT trans is a bit rogue, very expensive to replace, and this is Accords' first gen with it...for all we know the extended warranty will run in the red on 9th gens.

I wouldn't have paid the dealer's $2k+ price tag. But finance guy matched the Hyannis 8 yr / 120k / $0 deductible quote of $1,075.

Flyboy and I discussed in a different thread. I do think Honda will rectify any broadly experienced issue with CVTs (even down the road)...but that doesn't make mine immune from less frequent issues which are still major repair $$.

Having the electronics covered is a bonus, car has much more electronics than any I've ever owned. Makes it a lot tougher to DIY for guys with limited mechanical knowledge.

Bottom line is...why brow-beat people who just wanted peace of mind? If you think it's not much of a gamble, go for it - but don't imply people who prefer risk transfer instead of risk assumption are chumps.
 

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I tend to agree with Flyboy that you already have a 5/60 warranty on the CVT right? And if there are problems developing you probably have a decent shot of getting a partial or full payment on a CVT even past the warranty period by a few years. How much would a brand new CVT cost for parts and labor? $3000? $4000? So if that is the PRIMARY thing you're buying the warranty to protect, then is it really likely that there is a 25% chance it's gonna fail between years 5 and 8, AND Honda will tell you to pound sand? My guess is no.
Drivetrain warranty is 5yr/60k, so we should all be covered for any CVT problems for almost half the lifespan of the car. As far as replacement cost, someone here had it done, it was over $7000 IIRC, very expensive, but fortunately for them covered. The real CVT question is whether it will last the life of the car (10-12 years typically), or if they'll start popping off in big numbers before 8 years. While it's true Honda might extend the warranty if that happened, fact is they might not, so it's a potentially very expensive gamble. Unfortunately I live in Florida where extended warranties sell for MSRP, so I'm taking the gamble!

BTW, good post, not sure why someone called you are jerk for providing a reasonable assessment (some people just can't stand others I guess)!
 

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Pilm, I hope to drive it at least 200k miles. Manu warranty is only 30% of my hopeful life. Much prefer bumping it to 60%. ;)

Also, yeah I revised - not a jerk, I just don't understand why he's so longwinded with people who simply want peace of mind.
 

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The coupons for my maintenance package never expire. I have enough for an oil change every 5000 miles for the duration of the package, which I can't recall right now.

Before I bought it, I asked the sales guy to do some math for me and I do save money in the long run, even if I have the oil changed every 5000 miles, which I won't do unless the maintenance minder says so, which I doubt that it will, so it'll probably be every 7500 miles.

Since the coupons never expire, then I'll have coupons left far into the future paid for at a rate less than the cost of an oil change at the current rate.

That rate will surely rise in the future, while my coupons are already paid for.

Also, I'm not paying interest on those coupons, since the car is paid for.

When I had my '03, I also bought a maintenance package, pretty much against my better judgement, but the pretty little girl was quite persuasive.

As it turned out, I went through a very difficult time in 2008 and I was lucky to have those coupons so that I could have my maintenance done, even though I had to live on a shoestring budget for the better part of ten months.

One just never knows what will happen, so anything you can do to ease the pain of the unexpected isn't a bad idea, in my experience.

Sadly, a large chunk of my current income comes from the federal government and even though I would be repaid any lost payments, just getting by on a partial income would be problematic, even with my savings.

Let's just hope that sanity returns to our Washington.
 

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The warranty has road service included. If you currently have that, the warranty would maybe offset a hundred plus a year.

Hondas are super reliable. However, the accord has a new design CVT and direct injection, plus it is a new model, new suspension, brakes, etc.

Some years have had issues with engines, brakes, air conditioning, etc.

Most likely you will not have a major repair. But if you do, there are many components that are 3000 plus to repair.

Is it worth it? I think it depends on the price and the needs of the buyer. I don't think there is a once size fits all for this.
 

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When I had my '03, I also bought a maintenance package, pretty much against my better judgement, but the pretty little girl was quite persuasive.

Let's just hope that sanity returns to our Washington.
In the end if you are a normal male you gave the main reason to buy the maintenance package. :D

All of us can only hope that sanity returns to Washington, but I wouldn't bet on it because there are too many special interest lobbyists involved.
 

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The coupons for my maintenance package never expire. I have enough for an oil change every 5000 miles for the duration of the package, which I can't recall right now.

Before I bought it, I asked the sales guy to do some math for me and I do save money in the long run, even if I have the oil changed every 5000 miles, which I won't do unless the maintenance minder says so, which I doubt that it will, so it'll probably be every 7500 miles.

Since the coupons never expire, then I'll have coupons left far into the future paid for at a rate less than the cost of an oil change at the current rate.

That rate will surely rise in the future, while my coupons are already paid for.

Also, I'm not paying interest on those coupons, since the car is paid for.

When I had my '03, I also bought a maintenance package, pretty much against my better judgement, but the pretty little girl was quite persuasive.

As it turned out, I went through a very difficult time in 2008 and I was lucky to have those coupons so that I could have my maintenance done, even though I had to live on a shoestring budget for the better part of ten months.

One just never knows what will happen, so anything you can do to ease the pain of the unexpected isn't a bad idea, in my experience.

Sadly, a large chunk of my current income comes from the federal government and even though I would be repaid any lost payments, just getting by on a partial income would be problematic, even with my savings.

Let's just hope that sanity returns to our Washington
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Sanity and DC are mutually exclusive.

Many of us are in the same boat :( and there is no guarantee that furloughed workers or exempt employees will get paid.

Back on topic - Saccucci gives a $200 discount on the maintenance package if you buy a warranty.

Another thing to consider is that you pay tax at a dealership but you pay no tax on the package. For $850 or so, the maintenance package (up to 60k miles) should easily pay for itself - we tallied up the services on my wife's Civic with 55k miles and we paid 986.56 (after our military discount and every second oil change free) at the local dealer getting service around every 7500 miles or so.

Psychologically, you are more likely to just get the required services done on schedule and without being tempted to cut corners since you've already paid for it.
 

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Sanity and DC are mutually exclusive.

Many of us are in the same boat :( and there is no guarantee that furloughed workers or exempt employees will get paid.

Back on topic - Saccucci gives a $200 discount on the maintenance package if you buy a warranty.

Another thing to consider is that you pay tax at a dealership but you pay no tax on the package. For $850 or so, the maintenance package (up to 60k miles) should easily pay for itself - we tallied up the services on my wife's Civic with 55k miles and we paid 986.56 (after our military discount and every second oil change free) at the local dealer getting service around every 7500 miles or so.

Psychologically, you are more likely to just get the required services done on schedule and without being tempted to cut corners since you've already paid for it.
Or just learn to DIY your oil changes and for $20 you're done! What did you spend $1000 on for routine maintenance at a dealer? Just curious.
 

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CVT was primary motivation for me to research an extended warranty. I agree warranties are built to generate profitable revenue for the writer. But CVT trans is a bit rogue, very expensive to replace, and this is Accords' first gen with it...for all we know the extended warranty will run in the red on 9th gens.

I wouldn't have paid the dealer's $2k+ price tag. But finance guy matched the Hyannis 8 yr / 120k / $0 deductible quote of $1,075.

Flyboy and I discussed in a different thread. I do think Honda will rectify any broadly experienced issue with CVTs (even down the road)...but that doesn't make mine immune from less frequent issues which are still major repair $$.

Having the electronics covered is a bonus, car has much more electronics than any I've ever owned. Makes it a lot tougher to DIY for guys with limited mechanical knowledge.

Bottom line is...why brow-beat people who just wanted peace of mind? If you think it's not much of a gamble, go for it - but don't imply people who prefer risk transfer instead of risk assumption are chumps.
Who is "brow-beating"??? Did you even read my post? I say right there that I BOUGHT a warranty for my Odyssey 3 years ago. Did so because it has DVD, power doors and power tailgate, among other things. I thought the DVD could be fragile and I looked up and the PART costs like $2000. Ridiculous actually, but only in car fairy tale land can a $20 DVD player and $15 screen cost $2000.

All I was posting was the proper way to look at a warranty...you need to analyze the likelihood of a major repair coming AFTER the manufacturer warranty runs out yet BEFORE your extended warranty does. Sometimes that can be a slim timeframe! Let's take a real world example (based on my family's driving habits). We wouldn't drive many miles on the car, so if I got a warranty it would be the 7yr/80K one since it is cheap. The CVT warranty lasts for 5 yrs in itself. So if I am worried about the CVT mostly (since we know it is so expensive to repair and it is somewhat new to Honda), I am now making a $800 bet that the CVT WILL FAIL between years 5 and 7. AND if it does, that Honda refuses to help out with some or all of it. So what is the probability of that? I have no idea. But it's probably not 50%. Probably not 10% but who knows. Even when Honda had tranny issues, were 1 out of 10 trannies dropping out?

So look, yes spending $1000 today for an extended warranty absolutely does give some peace of mind. I was never disputing that. I'm not sure where you read that I am somehow judging you as a "chump" as you say. Are you paranoid or second guessing your decision to buy a warranty while at the same time we all say "Hondas are bulletproof" etc? I say if the peace of mind is worth it to you, then by all means it was a good purchase. Best luck to you
 

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hey does anyone know anything about Z series warranty? I didn't look into extended warranty when i purchased the car, but he offered me (at the time I thought it was Honda Care) the Z series 10 year/100,000 miles bumper to bumper warranty for $2000. I was able to talk him down to $950 and bought it.

Im regretting that it was not Honda Care. Just wondering if anyone knew anything about this Z series (3rd party warranty)
 

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hey does anyone know anything about Z series warranty? I didn't look into extended warranty when i purchased the car, but he offered me (at the time I thought it was Honda Care) the Z series 10 year/100,000 miles bumper to bumper warranty for $2000. I was able to talk him down to $950 and bought it.

Im regretting that it was not Honda Care. Just wondering if anyone knew anything about this Z series (3rd party warranty)
My spidey senses are tingling....danger.....

you gotta be careful with carveouts
 

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Or just learn to DIY your oil changes and for $20 you're done! What did you spend $1000 on for routine maintenance at a dealer? Just curious.
Some people don't have the time/interest/space/tools/dexterity/understanding to do their own services.

Indy shops don't usually have the hours that are convenient either so the only real option usually is the dealer.

Maintenance plans arent for everyone, but they may be for people who regularly use the dealer for maintenance.

My wife generally puts 200k+ miles on her Hondas. If it makes her happy to get all of her service done at the dealer then it makes me happy too - and saves money in the long run.
 

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I say if the peace of mind is worth it to you, then by all means it was a good purchase. Best luck to you
Definitely worth it for me, thank you sir. I think it was the all-caps in your post that rubbed me the wrong way, I must have misinterpreted - apologies.

I'll probably hit 120k by 7 year mark, definitely by 8 years. That means manu's 60k mile powertrain is done in just 3.5 years...and mostly highway miles.

See this post, that also factored in. Since I funded almost half the warranty's cost just by financing, I'm only out ~$575 to double my warranty period.

If this weren't my daily driver I'd take the bet that Honda will rectify any long-term issues on their flagship vehicle to save the brand (as indicated here). But, that's probably only widespread issues. Since it is my DD, under $600 doubles the CVT's time covered for not-so-widespread troubles that might pop up.

Plus the bonus of electronics covered past 36k miles. :thmsup:
 
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