Should I get extended warranty on my bran new Honda Civic?
06-29-2007, 03:40 PM
#1
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Should I get extended warranty on my bran new Honda Civic?
I am getting a new Honda Civic. They have a Platinum warranty for $ 1685.00. for 6 years or 100,000 miles. They say if i don't use it i can get my money back. Minus $50.00. But if i don't use it i will have pad about $500.00 in finance in 6 years for it. I don't drive much. Should I get it?
06-29-2007, 06:46 PM
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It's a Honda. You don't need an extended warranty. Just follow the maintenance schedule and you'll be fine.If that money-back guarantee is true, they're basically paying you $50.00 to borrow $1685.00. Think of the time value of money. Bad deal.
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