When it comes to purchasing an extended warranty for your Honda, one of the biggest deciding factors is going to be the cost. After all, the reason that most people opt for an extended warranty is to save money in the long run. There are two main types of extended warranties that you can purchase for your Honda—an extended warranty through Honda or a third-party warranty provider.
Today, we are going to look at what is covered by each type and factors that can affect the cost of your Honda extended warranty.
What Is Covered By Honda’s Extended Warranty?
Honda’s extended warranty comes in the form of Honda Care, Honda’s vehicle service contracts. The four levels of coverage that you can choose include:
- New Vehicle Coverage
- Pre-Owned Vehicle Coverage
- Certified Additional Coverage
- Powertrain Coverage
Component coverage on new, pre-owned, and certified coverages include drivetrain, electronics, chassis, heating and cooling, and Honda genuine accessories.
Powertrain coverage includes your Honda’s engine, drive axles, transmission, and the seals, gaskets, and fluids that accompany them.
You will also get great benefits such as rental car reimbursement, commercial coverage, transferability, roadside assistance, trip interruption, and 24/7 concierge emergency services.
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What Is Covered By a Third Party Honda Extended Warranty?
With different options to choose from, you’re guaranteed to find the right coverage to meet your needs. Most third-party extended warranty companies offer great options including powertrain, bumper-to-bumper, component coverage, and exclusionary coverage.
These plans not only protect against breakdowns, but they also include benefits like trip interruption, rental car reimbursement, 24/7 roadside assistance, and much more. Third-party warranties are often more affordable than factory warranties, and offer perks that can make life easier both on-and-off the road.
Plus, third-party warranties give you the freedom to visit any certified mechanic to leave you feeling empowered every step.
How Much Does Honda’s Extended Warranty Cost?
In order to calculate exactly how much your Honda’s extended warranty will cost, its best to contact your dealer or third-party company directly. Since they take different factors into consideration to custom fit an extended warranty for your specific vehicle, each car is going to be different.
If you are trying to keep your coverage budget-friendly, a simple powertrain warranty will be your cheapest option while covering the most expensive components. If you are wanting the best protection money can buy, an exclusionary coverage plan will be your best bumper-to-bumper policy. You can speak to your warranty provider for a break down of coverages for each level to give you a better look at what you will be paying for.
Type Of Vehicle
The type of vehicle that you are purchasing coverage for will also play a big role in the overall cost. For smaller, more common Honda’s such as Civics or Accords, you can expect to pay less than a Honda CR-V or other SUV. This is due to the availability of parts, cost of the parts, and the type of part you are trying to get repaired or replaced.
If the policy that you are looking at has a deductible, you can expect to pay a little less upfront as you will have to pay out of pocket when you need to use it. A deductible works as a down payment for your repair. If you have an $800 repair and your deductible is $50, you will have to pay $50 and your warranty will pay the other $750.
Last but not least, some extended warranties will come at a higher cost due to the extra benefits that are being offered in the policy. While most policies will include standard benefits, some may come with a higher price tag. Be sure to talk to your warranty provider about all of the benefits that come with a specific policy to ensure you are getting a good deal.
Average Honda Repair Costs
In order to give you a better idea of what you could expect to pay out of pocket to have your Honda repaired without an extended warranty, let’s take a look at some of the most common Honda repairs and what their repair bill looks like.
|Honda Repair Part||Average Cost|
|Power Steering Pump||$445-$863|
|Outer Tie Rod||$136-$192|
*prices derived from repairpal.com
Frequently Asked Questions: Honda’s Extended Warranty Cost
Is My Honda’s Engine Covered By An Extended Warranty?
The engine in your Honda is going to be covered with most Powertrain warranties available through Honda or a third-party company.
Will My Extended Warranty Cost Outweigh Average Repair Bills?
This depends on the vehicle you choose to go with. Most owners will see that it pay for itself over time, especially if you have a larger powertrain related repair that needs to be completed.If you’re still on the fence on whether or not a Honda extended warranty is worth it, we suggest checking out customer reviews to see what people are saying for each provider.
Does My Honda Extended Warranty Have Roadside Assistance?
Yes, Honda offers roadside assistance and third-party companies offer this as well. Both options will net you many more benefits along with roadside assistance.
What Is The Best Extended Warranty For My Honda?
The best-extended warranty for your Honda is going to depend on what type of coverage you need and what you can afford. By identifying what coverages you would like and how much you would like to spend, you can find the best-extended warranty for your specific needs.
Which Honda Vehicles Are Covered Under An Extended Warranty?
Most Honda vehicles are going to be covered under an extended warranty. You will need to check for any exclusions if you own a specialty Honda vehicle.