Originally posted by ANYTIME:
I called around a few local Acura dealers and got prices of 2500-2900 dollars for a 3yr. 36,000 mile bumper to bumper 0 deductible warranty.
I just went through searching for and buying an extended warranty for my 97 NSX. (The factory warranty runs out in a few more days!) Here's the scoop-
The factory extended warranty is very expensive for what you get. The pro is that if it's through Acura, you can keep taking your car to the dealer as if the factory warranty never expired. But, the cost is simply too high. That's $2500 for just 3 years. In that time frame you aren't likely to run up a $2500 bill. And 3 years from now you'll be out of warranty and the aftermarket warranties available for you then will be slim & with poor benefits.
I searched for warranties for many days, I must have checked out 30 companies (many of which used the same insurance co).
The best I came up with (and what I bought) was www.warrantybynet.com
For around $1900 I got a $0 deductable, 6 year, 100,000 mile warranty. The 7yr/80,000mi warranty is about $100 cheaper.
With this warranty you get literally double the number of years, for $600+ less than what you were quoted by the dealer.
It's a "named exclusion" type contract (meaning, ALL parts are covered EXCEPT for parts that are specifically named as being excluded from the warranty). Excluded parts include things like clutch discs, brake pads, etc. It's all in plain english.
Further, *wear and tear* is covered. This means a part does not have to break to be covered by the warranty. This is a big thing and is not offered in most aftermarket warranties. If a part simply wears wrong, out of tolerances, etc, they'll cover replacement.
And, they'll let you go basically anywhere. I can go to NSX Modified if I want to for warranty work
They seemed to have a good history & were well-enough backed as far as I can remember.
Anyways, if you're going to go with an extended warranty that's my advice. If you're only looking for a short time frame (3 years) before you sell the car, I agree with those who say keep your $$ and don't bother with the insurance.
If you have any questions feel free to ask.