: New Guy to Honda and Element
Ravelo 03-20-2006, 09:14 PM Whats up I'm Rob and I live in south arlington Tx. I just traded in my Spec-v for an element. I'm a nissan guy but the e was just way to versitle of a vehilce and exactly what the wife and I needed right now. I reviewed this site and got lots of useful info before buying the vehicle. I ended up paying 23,500 for my ex-p awd but they also payed off my leased sentra so I think I got a good deal.
I work on cars all the time and have already been looking into ideas for this thing after the 36,000 mile warranty is up. Until then I just going to love my stock e and play with my 240sx.
Out of curiousity what did most of you pay after taxes and interest?
Dom.five 03-21-2006, 09:20 AM Try this Thread :
http://www.elementownersclub.com/forums/showthread.php?t=19561&highlight=Price+thread
3_3rdHonda 03-21-2006, 09:30 AM ...
I work on cars all the time and have already been looking into ideas for this thing after the 36,000 mile warranty is up. Until then I just going to love my stock e and play with my 240sx.
You're not extending the warranty to 100,000+ ?
Ravelo 03-21-2006, 09:33 AM thanks for the link. I actually read that one and the one about the lady getting ripped everywhere until lately. I know I paid probably 2 grand more then I should have but since they paid off my lease I can sleep at night.
I am really curious of the percentage rates people got. Thats the part that still bothers me.
JPH102900 03-21-2006, 09:36 AM You're not extending the warranty to 100,000+ ?
Do many people do that? I didn't cause it was a lot more money and hondas tend to be pretty reliable.
Ravelo 03-21-2006, 09:38 AM You're not extending the warranty to 100,000+ ?
No I didn't, I never had a good experience with dealerships honoring their warranty. Usually they make up something to make me pay. I got tired of it and since I love cars so much I went to trade school and learned how to work on them. Now I do everything myself.
Chrispy and Kim 03-21-2006, 10:58 AM dont know if u guys would be interested or not but we are getting together for the first time this sat. in austin for a little meet and greet, and who know maybe get a little tx club going. if you r interested just check it out.
chris
Texas Jon 03-21-2006, 09:51 PM Rob,
Congratulations and welcome to the family. We paid $500 over invoice, but it was about halfway through the model year and they had about a dozen in stock (although ours was the only Magnesium Metallic 4x4.) Although we don't normally do extended warranties, we did a 6 yr/75k for $100 over cost + their pre-paid scheduled maint program. I did the math, and we came out ahead if we use it all (obviously, they count on folks not using all the services.)
I hope this answers your question and you enjoy your new Element. Every Element owner I meet loves their car, and I'm sure you will too.
rhythm_ace 03-21-2006, 10:18 PM Welcome, fellow Metroplexer! I got 5.9% for 60 months.
3_3rdHonda 03-22-2006, 10:16 AM Do many people do that? [get the 100,000 mi + warranty.] I didn't cause it was a lot more money and hondas tend to be pretty reliable.
I would ABSOLUTELY get as long and as inclusive a warranty as I could get. [Inclusive meaning bumper-to-bumper coverage and not 'powertrain' coverage which leaves a lot out by definition, like fuel system, AirCond, cooling system, etc. Plus powertrain warranties are more subject to unfavorable interpretations about what's covered. Toyota has a bewildering selection of warranties...Honda may, too...I haven't checked in detail. But I called a few Toyota dealers and got wildly differing info on availability, cost and coverage. I called Toyota Corporate for clarification; they were very knowledgeable.]
As for Hondas 'tending to be pretty reliable,' I wouldn't want to bet a new fuel system on that, or blown auto AWD trans, or A/C. I heard to remove and replace a Toyota Sienna van outside, heated, remote conntrol mirror cost $700. I bet it had a mini-processor in it (what doesn't these days?)
Hondas and Toyotas are WAY more reliable according to Consumer Reports which is my bible despite its shortcomings. I haven't owned anything else in 20 yrs, and I'd hardly consider buying anything else. [Some Mercedes and BMW models ranked terribly in CR in "Reliability."]
But there are a lot of expensive, aggravating factors that weigh against that reliability like incompetent, dishonest dealers; and the fact there ARE exceptions to generally great reliability, and your auto trans just might be one of them.
For a $1000, 100,000 mile + warranty, you don't have to worry that much about it.
With Toyota you can still get the extended warranty if your vehicle isn't too old or have too many miles on it, or disqualifying alterations or accidents. Same applies w/ buying used and getting the warranty. I assume Honda has similar rules.
Well worth it, IMO. But research the details, and get many opinions from dealers [ask for the finance manager] and verify them w/ Honda Corporate.
JPH102900 03-22-2006, 10:23 AM We have a 2005 E with about 2 or 3 thousand miles on it that we bought new. Would it be too late to get the warranty?
gladestrider 03-22-2006, 10:25 AM welcome, Rob!
You're not extending the warranty to 100,000+
It was a waste of 1k when I bought it for my Civic. I declined with the E :)
Ravelo 03-22-2006, 10:31 AM Thanks for the replies everyone. I told the wife the other day when we were driving that "this is the biggest little car I had ever seen!" I like it lot and since she's driving it the most I'm glad she loves it!
wankerklink 03-22-2006, 11:27 AM We have a 2005 E with about 2 or 3 thousand miles on it that we bought new. Would it be too late to get the warranty?
No, it's not to late. You have at least a year or two. However the price goes up in proportion to your milage/car age.
Right after the green links showed up, I tried the one for extended warranties. I had a call the next day from a nice man in Seattle, selling extended car warranties. He says they are the same company that the dealers use but going to them directly saves the dealer markup. You can get an extended warranty through them up to three months before your warranty expires, if memory serves. A little more research turned up an extended through an insurance company.
I never needed one for my Toyota, dad had one on a used Chevy (go figure) and crashed it before it broke. Anybody actually feel like they got their moneys-worth?
tango 03-22-2006, 02:09 PM I never needed one for my Toyota, dad had one on a used Chevy (go figure) and crashed it before it broke. Anybody actually feel like they got their moneys-worth?
Any car with high repair costs you will come out ahead. We have used the extended on every car we have bought it for - the Corvette repairs in particular are very expensive - saved us a ton. Blew a tranny once in a Ford and paid zip. Figure any major repair over the life of the warranty at regular rates and you can easily determine if it's worthwhile for your car. Plus - single women, apt dwellers, frequent travelers etc who have no alternative repair options often find them worthwhile. No matter where you are you can get the car fixed and you don't have to go searching for a good repair shop (that won't rip you off) on your own. Sometimes the Peace-of-Mind is worth the 1k cost - when I was single and living far away from family it was for me.
We are considering one for the E - my husband is not handy OR mechanical and our other car's repairs are fully covered by his company so it may be an excellent option for us to avoid unexpected expenses. I am a firm believer in two kinds of warranties - home warranties and car warranties - I have NEVER lost money buying either and usually come out WAY ahead.
3_3rdHonda 03-23-2006, 10:48 AM ... I am a firm believer in two kinds of warranties - home warranties and car warranties - I have NEVER lost money buying either and usually come out WAY ahead.
I would add Laptop warranties. From the MANUFACTURER ONLY, NOT the retailer, like CompUsa. Many retailers, including car dealers, farm out their warranties to little-known, unethical third parties.
My Sony lap [bought new] needs its third keyboard replacement in about 3 yrs @ $600 ea. First two were covered by the Sony warranty; no problems at all.
CompUsa not only denied my claim but Stole [not lost] my laptop battery in the process of checking my claim.
Small claims and hopefully class action suits comin up.
On items w/ outrageously hi repair costs you can't lose w/ a GOOD warranty if you are aware of the costs of repairs and how frequently they occur.
The peace-of-mind factor alone is worth it, IMO.
With computer warranties, the buyer is allowed in many states a period of two to three weeks to review the warranty and cancel w/ total or almost-total refund.
When I got mine last July I paid just under invoice and got 1.9% Honda financing. I guess it was Honda's way of matching GM employee pricing. I felt I got a good deal on a great car.
I love the E.
No extended warranty. I bought a Honda not a Ford. :-)
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