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How much value is added because of a warranty

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Old May 17, 2009 | 05:32 PM
  #1  
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Default How much value is added because of a warranty

I'm trying to decide between two different cars, one is a cert. used car from a Honda dealer with the 7 year 100K warranty and the other is private sell. How much more value would you put on a certified car from the dealer?
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Old May 17, 2009 | 06:56 PM
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Less than the dealer thinks. I've seen a used car for sale for more than a new one...on the same lot. "The warranty adds value".
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Old May 17, 2009 | 07:10 PM
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i say none. stealerships always find a way to worm their way out of work. i always bought extended warranties that always amounted to a waste of funds. now, i'd rather just eat the cost of the repair then gamble on a fake non-applicable warranty.
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Old May 17, 2009 | 07:10 PM
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Are you planning on doing ANY mods to the car? If so, the CPO is worth nothing to you. Honda-care is notorious for voiding warranty for even the slightest mod.
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