Honda Extended Warranty: Is It Worth It?

We see a lot of Hondas on the road, and it’s not by coincidence.

These are high-quality Japanese made cars around since the 1980s. Many people today look at a Honda and put it next to the likes of Ford, Chevy, GMC and Toyota.

Cars and SUVs such as the Accord, Civic and CR-V have received all kinds of awards for reliability and style, but do they hold up over the long term? Every car will eventually start to break down and require repairs, and you want to make sure you have a Honda extended warranty for when that happens.

It might be difficult for you to decide whether a Honda extended warranty is worth it. By providing useful warranty information as well as possible out-of-pocket costs if you opt out of the Honda Care extended warranty, you’ll be clearer in your decision-making process.

What Types of Warranties Does Honda Offer?

Every new vehicle you buy from Honda starts with the company’s Honda Care limited warranty. The coverage starts with a five-year, 60,000-mile powertrain limited warranty. This warranty covers the most critical components of your car, including the engine and transmission. This coverage is available only for new vehicles.

As well as the five-year limited warranty, you also get a three-year, 36,000-mile warranty for factory defects such as batteries, wipers, wheel balancing and alignment for 12,000 miles, and air conditioner refrigerant for the first 24 months of ownership.

What About Used Cars?

If you bought a certified pre-owned vehicle, you must have purchased it from an authorized Honda dealership to receive the company’s used-car coverage. Assuming you did this, you’ll get Honda’s certified pre-owned warranty, which consists of the following:

  • A 12-month, 12,000-mile bumper-to-bumper warranty: Although Honda uses the phrase “bumper to bumper,” it doesn’t cover everything. Bumper-to-bumper warranties generally cover the things that occur least often and don’t cover the problems you run into most frequently. These warranties usually don’t cover wipers, oil changes, tires, air and fuel filters or brakes.
  • A seven-year, 100,000-mile powertrain warranty: Powertrain warranties cover the most-critical portions of the car such as the engine, transmission and drive axle.

How Much Does a Honda Extended Warranty Cost?

There are so many criteria that go into figuring out what an extended warranty costs that it would be impossible to give you an exact number. Over time, the cost of repairs has skyrocketed because our cars have so much technology in them.

When you buy a new car, the last thing you’re thinking about is repair costs down the road, but it’s important to have this in mind right from the beginning.

You have to think of your Honda extended warranty like an insurance plan. You might have to pay an extra $20 to $30 a month on your vehicle, but you’ll enjoy peace of mind for the entire life of your investment.

Average Repair Costs for Honda

Here’s the fun part: After reading how much average repairs cost on a Honda Civic, you might start thinking twice about shelling out a few bucks a month for a Honda extended warranty.

Before giving you some actual figures, let’s take a look at what could go wrong with your new Honda.

The most-common issue drivers experience is transmission failure, striking at about the 100,000-mile mark, according to CarComplaints.com. We think we speak for everyone when we say: you expect to get a little more than 100,000 miles before running into a $2,000 to $3,000 repair bill. We also see issues such as premature brake wear on Honda Accords.

Here are some other repair costs you might want to pay attention to:

  • Head Gasket: $565 to $1,620
  • Lower Ball Joint: $415 to $748
  • Heater Core: $746 to $1,197
  • Water Pump: $766 to $860
  • Starter: $104 to $267

Once your Honda Care warranty is over, if you don’t purchase one of the Honda extended warranty plans or a warranty from a third-party, you will be responsible for paying out of pocket for these repairs.

Should You Get a Honda Extended Warranty or a Third-Party Warranty?

There’s little information out there about which types of warranties you should choose because automakers don’t want you to do business anywhere else. Right off the bat, you would think to go with the manufacturer because they’re the ones with the cars and the knowledge, right?

This might be right sometimes but not always.

Third-party warranty providers can offer individualized coverage that manufacturers can’t match because they have so many restrictions. In the end, you might be able to get a third-party warranty for less money while still receiving more coverage in the long run.

Another issue many car owners run into when dealing with Honda warranties is something is always outside the scope of the warranty. It seems as if the only problems we encounter are the ones that are not covered by the warranty.

Something Is Better Than Nothing

It’s important to realize how expensive repairs are in today’s world. We pack so much technology into our vehicles, and although we’ve been able to make them faster and more comfortable and fun to drive, we’ve also made them more expensive.

When you think about it, you’ve made a huge investment in your vehicle, and you should want to protect it. If you compare the cost of a Honda extended warranty with the cost of repairs, you’ll realize that the warranty is your security blanket in case something goes wrong. It’s worth the extra investment.

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