New Vehicle Extended Coverage
New cars, trucks, SUVs, and minivans from Honda come from the factory with a warranty. This warranty gives you mechanical protection for non-wear-and-tear or service items the first few years of the vehicle’s life. After that, the limited powertrain warranty kicks in for several years more which covers components such as the lubricated parts of the engine, drive train, and transmission.
Why Do I Need Extended Mechanical Coverage? Don’t I Have Coverage Now?
Yes, you have coverage on your new Honda now. However, even with regular and careful maintenance, the best-built machines break down as they get older. The full warranty on your Honda vehicle expires after the first few years. Components like fuel pumps, power steering, alternators, water pumps, window regulators, sunroof modules, air conditioning, brake calipers, abs brake modules, radio, airbag systems, electronic ignition modules and more will cost you out of pocket to repair when your vehicle is out of warranty. Purchasing an extended mechanical coverage plan now covers these components when the warranty on your Honda expires later. No one wants to make a repair payment on top of a car payment.
Can’t I Buy That Coverage At A Later Date, Like Right Before My Warranty Expires?
You could if you want to pay more for less coverage. Right when you purchase your new vehicle from our Honda dealership in Fort Collins is the best time to get the lowest cost for the most coverage. As your vehicle ages, the cost of mechanical coverage goes up. One, for the simple fact that the price of goods and services go up all the time and two, you are getting closer to the time you will need the coverage so those prices go up and the level, term, and percentage of coverage drops. Many customers forget to purchase the coverage later and when their warranty expires and they have a broken part or repair it is too late.
How Can I Pay For It?
Extended coverage for your vehicle can be added to your finance contract and include it in with your monthly payment so you don’t have to pay for the whole plan up front now or later.
Is It Expensive?
This coverage option is more affordable than you think. It all depends on the vehicle you are purchasing, deductible, term, mileage, and level of coverage. Please talk with a Markley Motors Business Manager to choose the right Honda coverage and price out your Honda plan before you purchase your new vehicle.