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extended warranty

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Old Dec 4, 2003 | 10:23 AM
  #11  
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If I recall correctly from my college statistics days, extended warranties are modeled after what's called a "bathtub curve". If you were to graph expected failures/warranty repairs over time, you would expect the most amount of failures at the beginning and the end of the life of the vehicle; it would start high, drop low for an extended period of time, then rise again. The manufacturer's warranty covers the beginning portion of the curve. As the failure rate drops, the manufacturer's warranty ends. The trick of these extended warranty people if to get you to buy a warranty for the period of time where your are the most likely to have the least amount of problems - the flat part of the bathtub curve. They try to time it such that their warranty expires just before the curve goes back up.

I don't know anything about the Honda Care warranty but many extended warranties only cover powertrain type items - motor, tranmission, clutch, differential and maybe AC but not much else. Those items don't fail a lot but when they do it's big $$.

My two cents.
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Old Dec 4, 2003 | 10:37 AM
  #12  
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[QUOTE]Originally posted by glagola1
....
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Old Dec 4, 2003 | 10:48 AM
  #13  
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I live in Houston so I use the AC a lot. I got the extended warranty because if the AC goes out I make money. Chances of AC going out in 7 years/100,000 miles....pretty good.
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Old Dec 4, 2003 | 11:02 AM
  #14  
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Originally posted by john hood
I live in Houston so I use the AC a lot. I got the extended warranty because if the AC goes out I make money. Chances of AC going out in 7 years/100,000 miles....pretty good.
The extended warranty is for drivetrain issues (motor, tranny, diff...) and is not bumper-to-bumper coverage like the original factory 3/36 warranty.

Check out the details of the warranty you think you have.

Hope I'm wrong, but pretty positive here.
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Old Dec 4, 2003 | 11:25 AM
  #15  
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[QUOTE]Originally posted by Hockey
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Old Dec 4, 2003 | 11:32 AM
  #16  
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Well, Hockey I hope you are wrong about the warrantee being difficult to get done thing like you were about the coverage.

What Allkingz said is covered is the same coverage I have.
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Old Dec 4, 2003 | 11:59 AM
  #17  
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[QUOTE]Originally posted by glagola1
Well, Hockey I hope you are wrong about the warrantee being difficult to get done thing like you were about the coverage.
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Old Dec 4, 2003 | 12:19 PM
  #18  
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What allkingz said. If the AC goes it'll be cool!
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Old Dec 4, 2003 | 12:25 PM
  #19  
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Yes, but does the extended warranty cover holes in the soft top? From what I've read so far it looks like anyone with this problem and past 36,000 miles is SOL.
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Old Dec 4, 2003 | 12:25 PM
  #20  
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Originally posted by john hood
What allkingz said. If the AC goes it'll be cool!
Okay, okay. No piling on, thank you.
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