Extended Warranty on Used Honda Pilot
 

I just bought a used 2017 EXL Honda Pilot. I financed thru the dealership. The financing was done over the phone due to Covid 19. The finance guy offered me 3% rate for 5 years or 3.3% rate for 6 years with an extended warranty for 120,000 miles or 8 years. I didn't want 6 year financing but the warranty sounded great. I accepted that and went to the dealership to sign papers. Come to find out when I looked at the paper work the extended warranty added $2,500 to my loan. He never mentioned that on the phone. I was thinking due to the higher rate the warranty was included. I said I didn't really want the warranty but he kept saying I would need it for the electronics as when they go it can cost $2.000. He was very persistent. I said OK. I am reading the contract and I can cancel within 30 days. Does anybody think an extended warranty is worth it. Financing it just doesn't seem right to me.

In my opinion extended warranties are wasted money especially with the reliability of the Honda, most are limited too ,read the fine print. I would definitely get out of that if at all possible. This is only my opinion ,others here may disagree, good luck.

I would stay away. Hell they don't even stand by their 3year-36000 warranty!