i did cpo because i needed to finance my car. i also added extended warranty because i didnt want to pay for certain repairs if needed. im covered for another 2 years or 60 k miles.

 

Anyone who purchased the Honda care warranty feel it is needed?
I'm going in tomorrow night to close the deal. Wish me good luck

 

Like I wrote before, if you can get the extra warranty and CPO for cheap, it would be worth it. The fact that the dealership put CPO on there means they were supposed to do the necessary tests and fluid flushes based on Honda's guidance. If anything is wrong with the car, they are the ones to blame. However, if the previous owner really beat the car up, even a CPO might not find a bent valve or other issue that hasn't manifested itself yet. I would use the Compression and Leak Down tests as bargaining chips - tell them you want that done so that you can be certain you won't have any powertrain issues (we all know that the car loves to be pushed, but all it takes is one misshift and it's over). If you have a powertrain issue due to something like a misshift, it is not covered under warranty and you will be out an engine.

CPO is only worth the extra if you can get it cheap and don't want to have to do new owner maintenance from the start. A compression and/or leak down test is still a good idea no matter what.

 

I'm looking at a lower mile s2000, like under 10k. The car has barely 10k miles on it, should I be worried about abuse? How much damage could really been done in those 10k?

 

Probably be better to have some place other than the dealer do it. Great advice though.

 

I bought mine (2007 w/ 38k) last summer from a private seller, with 3 years or 100k remaining on the transferrable Honda powertrain warrenty.

Best of both worlds I guess. No extra markup, and free repairs if anything expensive braeaks.

 

Thats great. Its a good peace of mind thats for sure.

 

Update: I did not succeed in my purchase today. Either I'll payoff my vw Gti, then look for a weekend car or keep searching for a clean clean car.

Thanks for the advise everyone.