Honda Care Protection Plan

3850 Views 11 Replies 8 Participants Last post by flyboy, Jun 2, 2014

hanadarko

Discussion Starter · May 22, 2014

I'm not normally a fan of any extended warranties unless they are from the manufacturer and even then usually pass.

I got a MOPAR lifetime warranty on my 2013 Dodge Ram and with my employee discount it was only $2200. Each visit is $100 ded though.

My Honda dealer wants $750 for a 4yr warranty with $0 deductible.
Two questions:

1. Does anyone think this is something to even consider or need?
2. If so, can I shop this around...I mean are different dealers charging less/more for this?

They also offered a warranty from something like "Freds Cycle Warranty" or some offbrand but it was still $625.

I keep my cars 10+yrs but a bike usually not more than 3-4yrs max. But to only have a 1yr warranty with several electronics on a 1300D I'm not sure about rolling the dice.

Thoughts?

-Hanadarko

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TennesseeSmith

· #2 · May 23, 2014

I always thought these extended warranties were just a waste of money. Then I bought a Triumph Trophy that finds new ways to crap every month.

When I bought the CTX1300 I bought the Honda extended warranty. I plan to use this bike as my primary transportation for several years and I don't trust all of the fancy electronics to last. Honda calls this a touring bike. They usually have three year unlimited mileage warranties on touring bikes. The short warranty on this bike makes me wonder what they intend to do with the warranty on the Gold Wing and its variants.

I got it for something under $700. If you buy this at the time you get the bike you can wrap it up into the financing package. I think the dealers get bonus points for that.

I've read comments on the ST1100 and GL1800 forums about folks shopping around for better prices. You can buy the extended warranty at any Honda dealer at any time before the standard warranty expires.

I had to buy a car last week and I considered the extended warranty for it as well. But at less than 5000 miles per year I just can't justify the cost.

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MarkH

· #3 · May 23, 2014

TennesseeSmith said:
I always thought these extended warranties were just a waste of money. Then I bought a Triumph Trophy that finds new ways to crap every month.

That's a shame about the Trophy. I really wanted it to be my next bike, but I couldn't get past all the issues and bad experiences I was reading about.

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sleepngbear

· #4 · May 23, 2014

MarkH said:
That's a shame about the Trophy. I really wanted it to be my next bike, but I couldn't get past all the issues and bad experiences I was reading about.

It could be that it's just a matter of what people tend to post about in public forums -- they are more likely to seek out info and help when they have a problem than when everything is fine and normal, so you're more likely to see bad experiences than good. On the other hand, I have seen what seems like more than a fair share of bad experiences with the Trophy, which is a shame.

As for Honda Care, my dealer never mentioned it to me -- I don't think (or she did and I just instinctively brushed it off). But you guys have got me thinking a bit more seriously about it, as the more I ride this bike, the more I'm thinking it's going to be a long-timer.

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hanadarko

Discussion Starter · #5 · May 23, 2014

sleepngbear said:
It could be that it's just a matter of what people tend to post about in public forums -- they are more likely to seek out info and help when they have a problem than when everything is fine and normal, so you're more likely to see bad experiences than good. On the other hand, I have seen what seems like more than a fair share of bad experiences with the Trophy, which is a shame.

As for Honda Care, my dealer never mentioned it to me -- I don't think (or she did and I just instinctively brushed it off). But you guys have got me thinking a bit more seriously about it, as the more I ride this bike, the more I'm thinking it's going to be a long-timer.

I've been calling around asking for prices. If I can get it for around $600 I will buy it. $750 just 'feels' too much.

But there are many new parts here and with a new bike and only a 1yr warranty - it makes me a tad nervous...

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hanadarko

Discussion Starter · #6 · May 24, 2014

Update:

I told my dealer I was shopping online. They told me they'd match anything I found if it was cheaper. I said "yea ok".

A few mins later, she asked me what my trigger price was.

I told her $575.....she said "plus tax?" - which I said YES.
They did it. So I got it at the price I felt was fair. Maybe someone will get it cheaper, but I was ok at that price.

$750 was insane.

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bob

· #7 · May 24, 2014

You drive a hard bargain! What a negotiator!!

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soggybottom

· #8 · Jun 1, 2014

I have heard there are warranty bargains on flee bay from Honda dealers around the country, I'm not an extended warranty guy myself. Just read this on other forums over the years.

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hanadarko

Discussion Starter · #9 · Jun 1, 2014

soggybottom said:
I have heard there are warranty bargains on flee bay from Honda dealers around the country, I'm not an extended warranty guy myself. Just read this on other forums over the years.

I'm generally not one either....but this CTX1300 only comes with a 1yr warranty. Thats not really sufficient given all of the electronic components in this bike. One or two parts and you can easily exceeded the cost for a $500+ plan. I dont know why this bike didnt/shouldnt come with a 3yr warranty....What the heck ?!

It's a roll of the dice......Whatever risk one is comfortable taking.
If I was going to sell the bike in 1-2 yrs and get something new I wouldn't bother.

But I keep stuff a long time.
My 1999 Kenworth has 1,156,152 miles on it. Heck, it's just broken in!

:smileygarden_de_ban

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soggybottom

· #10 · Jun 1, 2014

I bought a brand new custom ordered 99 Kenworth. I was in the heavy hauling bidness in Jersey for 27 years, moved big construction machinery around NJ, NY, PA, MD DE. Retired in 01 to become a scooter tramp in AZ.

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Miks

· #11 · Jun 2, 2014

If it was a used bike, I am 100% sure I would buy a warranty...because there are a lot of stupid people out there, and you never know how it was really taken care of. A brand new Honda...forget it, in 12 months you will figure out if you have any issues and take care of it before the factory warranty expires. After that, maintain it properly and you shouldn't have a problem.

I think the Victory/Indian from Polaris has a 5 year warranty, which they are doing because people are skeptical of a new brand. But, the Victory/Indian are loaded with electronics, so the manufacturer really believes they have quality figured out.

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flyboy

· #12 · Jun 2, 2014

warranty

It's generally not considered cost effective to buy an extended warranty on a new vehicle from what I can read. I haven't bought one in years and years and I haven't had a problem with bikes or cars......until now! Just bought an 05 Toyota MR2 with only 39000 miles on it about 2 months ago and now transmission problems (6 speed sequential manual)! They're telling me $4000, that's more than a third of what the car is worth!

Anyway, it depends on the individual, whether you can handle the risk or not. I'm still money ahead by not having bought them through the years. My opinion only! Do what feels right for you!

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