Should we buy the extended warranty on a used 2013 Honda CR-V?

10

Asked by Jan 13, 2016 at 04:26 PM about the 2013 Honda CR-V EX

Question type: Maintenance & Repair

We are buying a certified pre-owned 2013 Honda CR-V EX with 15,500 miles
from a Honda Dealership. It has 8 months left on its original factory warranty
plus Honda gives us an additional 12 month/12,000 miles in addition to the 7
year/100,000 power train warranty.  
The finance guy strongly advised us to buy the extended 7 year 100,000
"bumper to bumper" warranty for about $2,200.  is it worth it?  I like it for
peace of mind but is it worth an additional 10% of the sale price?

5 Answers

85,675

Let me guess - the finance guy works for the dealer. The dealers make a ton of money on these extended warranties. I have never bought one and have never been sorry that I did not. But then again I never buy cars that will need an extended warranty. It is really a judgment call on your part. I personally doubt you will get your money's worth as all the serious problems will start long after 100k miles has past if you maintain the car properly.

1 of 1 people found this helpful.
85,675

Basically a "certified car" is one that has an extended warranty already as part of the higher cost you pay for one. A 7 year, 100k power train warranty covers all the high dollar repairs so the other $2,200 is pure profit for the dealer.

1 of 1 people found this helpful.
20

I had a Honda crv and never had a problem with it gave it to my kid I think they traded it with almost 200 thousand miles and never did anything to it but what the manual said I still see it around town so no keep your $ those are almost always pure profit

2 of 2 people found this helpful.
10

Thanks for the answers! The finance guy at the dealer said that "according to JD Powers" the advice changed with the 2013 models and all their computer components to purchase extended warranties". We've never bought an extended warranty before but wondered if we should these days.

1 of 1 people found this helpful.
85,675

The finance guys at the dealers are slick, high pressure dudes that make the real profits for the dealer. In my opinion they will lie and mislead you to make their money on everything from security systems to undercoating. Kind of like restaurants where they break even on the meal but make a lot of money on the drinks.

3 of 3 people found this helpful.

Your Answer

CR-V

Looking for a Used CR-V in your area?

CarGurus has 58,481 nationwide CR-V listings starting at $1,495.

ZIP:

Honda CR-V Experts

  • #1
    Tom Demyan
    Reputation
    4,030
  • #2
    PEng
    Reputation
    1,930
  • #3
    saman2812
    Reputation
    1,900
View All

Related Models For Sale

Used Toyota RAV4
808 Great Deals out of 50,805 listings starting at $1,600
Used Honda Accord
1,094 Great Deals out of 71,806 listings starting at $850
Used Honda Pilot
656 Great Deals out of 40,687 listings starting at $998
Used Honda Civic
773 Great Deals out of 60,518 listings starting at $950
Used Nissan Rogue
777 Great Deals out of 67,123 listings starting at $2,110
Used Toyota Highlander
578 Great Deals out of 35,686 listings starting at $2,500
Used Subaru Forester
381 Great Deals out of 38,254 listings starting at $1,590
Used Toyota Camry
1,033 Great Deals out of 85,968 listings starting at $1,296
Used Ford Escape
1,212 Great Deals out of 102,895 listings starting at $500
Used Mazda CX-5
219 Great Deals out of 26,118 listings starting at $6,750
Used Nissan Murano
419 Great Deals out of 22,770 listings starting at $400
Used Toyota 4Runner
344 Great Deals out of 26,026 listings starting at $1,800
Used Toyota Corolla
934 Great Deals out of 63,275 listings starting at $1,850
Used Subaru Outback
397 Great Deals out of 36,439 listings starting at $1,000

Used Cars For Sale

2017 Honda CR-V EX For Sale
1,354 listings starting at $22,986
2016 Honda CR-V EX For Sale
9 Great Deals out of 321 listings starting at $17,544
2015 Honda CR-V EX For Sale
15 Great Deals out of 315 listings starting at $13,970
2014 Honda CR-V EX For Sale
7 Great Deals out of 363 listings starting at $10,995
2013 Honda CR-V EX For Sale
8 Great Deals out of 156 listings starting at $11,482

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.