How Much Should An Extended Auto Warranty Cost?
Reader Question
I bought a new Honda Odyessy for my wife and they tried to sell me (PUSH ME) to buy an extended auto warranty contract for it with a price of $1100. Does this sound like a good deal or a rip off?
Dan,
Little Rock AK
First off I would not buy an extended auto warranty contract on a Honda…or Toyota for that matter, their quality is too high to warrant the cost of the policy. Second, the price that was quoted does seem a bit high for a Honda vehicle…I would expect to see something in the $900 range.
June 23rd, 2008