What did you pay?

sravanz · Aug 4, 2016

losjackal said:
Mechanically, I'd agree with you: the engines and transmissions are great, which is why they already have a 5-year/60k powertrain warranty. But everything else on the car, especially all the electronics on the Touring, are only 3/36. So peace of mind for 4 more years plus 64k miles for the cost of 1-3 repairs? It really is just an insurance policy, and people have differing opinions on insurance. I don't see how you rule it out given the difference between an LX with the base engine and a Touring with the Turbo and all the features.

+1 on this.. for base trims without sensing i think its ok without extended warranty.. but for touring with sensing it is always better to get one.. I previously had a 2010 civic in which ac failed after 5 years.. Dealer quoted $1200.. s*it happens

ArnoldLayne · Aug 4, 2016

losjackal said:
Mechanically, I'd agree with you: the engines and transmissions are great, which is why they already have a 5-year/60k powertrain warranty. But everything else on the car, especially all the electronics on the Touring, are only 3/36. So peace of mind for 4 more years plus 64k miles for the cost of 1-3 repairs? It really is just an insurance policy, and people have differing opinions on insurance. I don't see how you rule it out given the difference between an LX with the base engine and a Touring with the Turbo and all the features.

Everything on the car is 3/36 including electronics. But fat chance any of that fails after the warranty expires and even if it does for some odd reason, the cost to fix it does not justify paying for extended warranty. And interestingly the 'electronics' is the operative word the finance guy at the dealership used to try to sell me his overpriced warranty.

Honda and Toyota don't put flaky stuff in their cars including the electronics. And cars have been running mostly on electronics for better part of this century. Everything from your ignition to the onboard computer to your braking system all operate on electronics. And all of them work very reliably for the life of the cars. When they put electronics in there, they just throw in untested stuff. All the electronics that go in there get tested extensively and for extreme conditions as well.

So it is not really an insurance policy per se but more like a insurance policy for a rare event and those guys who sell you the warranty know that. By scaring you and making you feel falsely safe is how they make money and the dealerships rake in pretty big on selling the extended warranties. 90% of the people will cave in after that sales pitch and the carefully orchestrated 'boohoo' scenarios the sales guy at finance tries to sell you before you sign the dotted line.

Are these cars 100% fail safe? not by any stretch of imagination but the percentage of failure is so low and the cost to fix it if and when it doesn't justify paying a couple grand upfront.

ArnoldLayne · Aug 4, 2016

sravanz said:
+1 on this.. for base trims without sensing i think its ok without extended warranty.. but for touring with sensing it is always better to get one.. I previously had a 2010 civic in which ac failed after 5 years.. Dealer quoted $1200.. s*it happens

So you are buying a $2000 extended warranty on the $1000 Honda Sensing option?

And a/c failures have nothing to do with electronics. Most of the time, its the freon running out or worst case the tubes weakening and leaking them. Fixing that is nowhere near $1200.

If you are that overcautious, most insurance companies offer some for of mechanical breakdown insurance which will tack on about $10-20 for a 6 month policy. Those cover all mechanical breakdowns for a period of 7 years with a deductible (around 200-250). You can buy mechanical breakdown insurance on any car that is less than a year old or less than 15K miles on it.

S*it Happens is exactly the selling point they use at the dealership to make you buy those extended warranties. And proven consumer research shows most people do not use their extended warranties...ever.

carlson03 · Aug 4, 2016

ArnoldLayne said:
While the 31K number is too high, your 24K number sounds too low for a Touring. Even 24K + TTL. The invoice on the Touring is around 25.5k and if you negotiated hard you maybe able to buy it for a few hundred above or below that.

I bought mine in Jan when the supply was still limited especially on the Touring and paid 28k OTD with dealer installed tint. The base price was around 25.3k which was slightly below dealer invoice for that vehicle.

Probably might be able to snag one for 24K + TTL when they are clearing out the 2016s in a few months or around Christmas.

I got my EX-t for $19200 plus fees...that's over $2k below invoice

PeepDuck · Aug 4, 2016

carlson03 said:
I got my EX-t for $19200 plus fees...that's over $2k below invoice

$19200 what?...
Have a receipt?

carlson03 · Aug 5, 2016

PeepDuck said:
$19200 what?...
Have a receipt?

Yeah, gotta dig it out of the safe, sorry if I forget....probably my area, not sure how the one dealer did it, I didn't care

Here is my original email quote...he asked me what price would I pay to get me to buy and I said $19200...if it helps, I used Sam's Club's car buying thing thru truecar, but they were lower than the initial Sam's club price

Honda Civic 10th gen What did you pay? Capture.JPG

I also asked him about AWD, he said ignore that, wasn't sure why that showed up...told him AWD would make it even better!

DriveLess · Aug 5, 2016

Hi Guys,

1. What would be great price for a 2016 Civic EX-L with sensing?

2. What would be good time to buy one if I am willing to wait a couple of months? Would the price of the 2016 models decrease drastically when the 2017 model is released? I would like to have the new car before the winter hits.

3. Can some of you guys who have had experience with both the 2016 Accord and Civic weigh-in on whether there is a significant difference in the level of comfort between the two. All the people in my family are small, and most of my driving is going to be within the city. But at times I find myself considering the Accord sport over the civic for its “possibly greater” comfort and stability, but mostly because they have 0.9% financing offer on the 2016 Accord. Would there be a similar or a better offer for the Civic later this year? What has the trend been in the past years?

sravanz · Aug 5, 2016

ArnoldLayne said:
So you are buying a $2000 extended warranty on the $1000 Honda Sensing option?

And a/c failures have nothing to do with electronics. Most of the time, its the freon running out or worst case the tubes weakening and leaking them. Fixing that is nowhere near $1200.

If you are that overcautious, most insurance companies offer some for of mechanical breakdown insurance which will tack on about $10-20 for a 6 month policy. Those cover all mechanical breakdowns for a period of 7 years with a deductible (around 200-250). You can buy mechanical breakdown insurance on any car that is less than a year old or less than 15K miles on it.

S*it Happens is exactly the selling point they use at the dealership to make you buy those extended warranties. And proven consumer research shows most people do not use their extended warranties...ever.

Lol your comment made me laugh hard.. $1000 for sensing is with the factory installed car.. If for some reason whole system breaks and they suggest to replace? What is the cost including labor? .. And you are talking about freon when compressor breaks lol again.. What happens if your head unit stops working which is the primary source for controlling most features of the car.. Sure the parts may be cheap but what about labour? And power seats? Rain sensing wipers? Tachometer? I would pay $2000 and have peace of mind rather than worrying about everything.. And you can get Honda care much cheaper from other sources if you research a bit.. I read some stories where just for re calibrating the side camera Honda charged around $150.. You can say diy and there are tutorials. Yes i know but i am not comfortable with.. All it comes to personal preference.. Seeing consumer reports and coming to conclusions is like checking jdpower and saying kia is more reliable and better than honda

carlson03 · Aug 5, 2016

sravanz said:
Lol your comment made me laugh hard.. $1000 for sensing is with the factory installed car.. If for some reason whole system breaks and they suggest to replace? What is the cost including labor? .. And you are talking about freon when compressor breaks lol again.. What happens if your head unit stops working which is the primary source for controlling most features of the car.. Sure the parts may be cheap but what about labour? And power seats? Rain sensing wipers? Tachometer? I would pay $2000 and have peace of mind rather than worrying about everything.. And you can get Honda care much cheaper from other sources if you research a bit.. I read some stories where just for re calibrating the side camera Honda charged around $150.. You can say diy and there are tutorials. Yes i know but i am not comfortable with.. All it comes to personal preference.. Seeing consumer reports and coming to conclusions is like checking jdpower and saying kia is more reliable and better than honda

Yeah, see, I am on the fence about getting it...I have EX-T, no sensing, but worried about electronics...not really worried about engine/ac stuff....but then again, my 06 accord coupe had nothing wrong with it, had navi on that and no issues....just a crap-shoot I think

ballmode · Aug 5, 2016

ballmode said:
First time poster and hopefully long time member here at CivicX.
I combed through this thread this entire month and set out a goal to get a 2016 EX-T Sedan for $22k or less OTD.
I'm located in central Indiana and found out that the cheapest Honda dealer in Indiana was willing to go down to $22k (Indy Honda)

However, I found out earlier last week that Performance Honda in Cincinnati was willing to sell the EX-T Sedan to me for $21,300 OTD.

I was a bit skeptical, but when I showed up they did not stray away from the price quoted to me via email. They were not pushy on any hidden addons or fees. At first they offered accessories, but I politely turned them all down. My only fault and I'm not sure if it is an Ohio thing, but they would not let me pre fill out any Credit forms so it would have already been done before I arrive to the dealer. The whole process took about 3 1/2 hours from the time I arrived to the time I left. Talked to the salesperson and finance employee and after it was all said and done, I was handed two keys, a manual to stick in the glovebox, temp tags, and copies of my paperwork. Luckily this dealer doesn't put any stickers/decals, or anything that would need to be removed via a heatgun or blow dryer.

I am currently military so I was able to get the $500 military down payment, and 0.9% for 60mo financing.

I'll post pics of my receipts if anybody needs.

Oh I got Aegean Blue too

ballmode · Aug 5, 2016

I had to back you up there Carlson, I got similar quotes to you back in late May from Kings Honda.

eXultanCe · Aug 5, 2016

You guys may be able to help me on this one. I have contacted 4 dealerships today and have them battle for the best offer for me. So far I have an EX T for 19.5k and a EX L for 21.5k. What do you think about these offers? And should I wait for 2017 for lower prices?

ArnoldLayne · Aug 5, 2016

sravanz said:
Lol your comment made me laugh hard.. $1000 for sensing is with the factory installed car.. If for some reason whole system breaks and they suggest to replace? What is the cost including labor? .. And you are talking about freon when compressor breaks lol again.. What happens if your head unit stops working which is the primary source for controlling most features of the car.. Sure the parts may be cheap but what about labour? And power seats? Rain sensing wipers? Tachometer? I would pay $2000 and have peace of mind rather than worrying about everything.. And you can get Honda care much cheaper from other sources if you research a bit.. I read some stories where just for re calibrating the side camera Honda charged around $150.. You can say diy and there are tutorials. Yes i know but i am not comfortable with.. All it comes to personal preference.. Seeing consumer reports and coming to conclusions is like checking jdpower and saying kia is more reliable and better than honda

The reality is hardly any of those things break and go to hell in a hand basket like you imagine. So there is hardly a need for extended warranty.

Yes a car has a thousand moving parts that can all fail...hypothetically. But in reality, all these components are rigorously tested for extreme conditions before Honda or Toyota puts them in their cars. These cars are built for reliability and have a proven track record for it. Are they 100% fail safe? Of course not. Nothing is. But if you do proper maintenance and not rough up your car or do crazy modifications like running it on nitrous and stuff (Civic is a choice vehicle for all the Fast and Furious Vin Diesel wannabes), they will last and perform without problems for at least 100k miles. The stuff you need to replace as part of the maintenance, your warranty won't cover it.

I've owned 7 vehicles so far in the past 20+ years (including this one). My average ownership is 5-6 years and the longest is 9 years. This is my first Honda and every one of my other cars were Toyota/Lexus. Apart from routine maintenance, I have never had the need to go to a mechanic...ever. In fact I would not know a regular mechanic who actually fixes broken cars because I have never had the need to. And I never did any DIY stuff except for cosmetic maintenance of the car.

The Consumer Reports article is based on actual data and they did not write that article based on someone's opinion and it is by no means the decisive verdict for buying extended warranty.

The dealerships sell those extended warranties stoking people's insecurities and fears because it is pure profit for them and statistically they know very few people will indeed actually avail that warranty for the period they sold it for. And you seem just like the customer they want (the finance guy tried to sell me all this crap like extended warranty and prepaid service contracts etc etc and failed miserably and fell flat on his chin and gave up)

So what happens when your extended warranty runs out of time/mileage and your car breaks down (that is when it will actually start to breakdown given the age and miles racked up)? You have a warranty for that?

Honda and Toyota don't build cars where power seats and tachometer (seriously???) and rain sensing wipers go to hell in a hand basket within 100K miles. There is a reason they are known for building reliable cars and consistently show up on reliability lists. According to the hypothetical scenarios you portray, they would be as reliable as a Yugo.

And lastly to drive home my point.... ponder why people who buy 5 or 6 year old used cars always look for a Honda or Toyota and the moment you list it, there are umpteen people calling you about it? Precisely because how reliable these cars are built.

carlson03 · Aug 5, 2016

ballmode said:
I had to back you up there Carlson, I got similar quotes to you back in late May from Kings Honda.

Thanks! I think I could have maybe gone lower, but the car was there, I went in on a weekday (thought the car was sold) and since it was there, they said they will sell it...told them what I wanted to pay, they tried to low ball me on trade, told them no, got what I wanted and was that....finance took over an hour of waiting, plus i HATED the finance guy, he was a liar trying to sell his stupid expensive plan...I would go back to them, if they were lowest price, I would start search again at Castrucci because salesman was good and finance guy there was great ---wasn't pushing anything at all and took about 10 minutes and was done

sravanz · Aug 5, 2016

ArnoldLayne said:
The reality is hardly any of those things break and go to hell in a hand basket like you imagine. So there is hardly a need for extended warranty.

Yes a car has a thousand moving parts that can all fail...hypothetically. But in reality, all these components are rigorously tested for extreme conditions before Honda or Toyota puts them in their cars. These cars are built for reliability and have a proven track record for it. Are they 100% fail safe? Of course not. Nothing is. But if you do proper maintenance and not rough up your car or do crazy modifications like running it on nitrous and stuff (Civic is a choice vehicle for all the Fast and Furious Vin Diesel wannabes), they will last and perform without problems for at least 100k miles. The stuff you need to replace as part of the maintenance, your warranty won't cover it.

I've owned 7 vehicles so far in the past 20+ years (including this one). My average ownership is 5-6 years and the longest is 9 years. This is my first Honda and every one of my other cars were Toyota/Lexus. Apart from routine maintenance, I have never had the need to go to a mechanic...ever. In fact I would not know a regular mechanic who actually fixes broken cars because I have never had the need to. And I never did any DIY stuff except for cosmetic maintenance of the car.

The Consumer Reports article is based on actual data and they did not write that article based on someone's opinion and it is by no means the decisive verdict for buying extended warranty.

The dealerships sell those extended warranties stoking people's insecurities and fears because it is pure profit for them and statistically they know very few people will indeed actually avail that warranty for the period they sold it for. And you seem just like the customer they want (the finance guy tried to sell me all this crap like extended warranty and prepaid service contracts etc etc and failed miserably and fell flat on his chin and gave up)

So what happens when your extended warranty runs out of time/mileage and your car breaks down (that is when it will actually start to breakdown given the age and miles racked up)? You have a warranty for that?

Honda and Toyota don't build cars where power seats and tachometer (seriously???) and rain sensing wipers go to hell in a hand basket within 100K miles. There is a reason they are known for building reliable cars and consistently show up on reliability lists. According to the hypothetical scenarios you portray, they would be as reliable as a Yugo.

And lastly to drive home my point.... ponder why people who buy 5 or 6 year old used cars always look for a Honda or Toyota and the moment you list it, there are umpteen people calling you about it? Precisely because how reliable these cars are built.

I am talking on my experience that i had with my 2010 Civic.. I havent done any modifications to it and i had issue with AC and dealer quoted 1200 .. I got it worked out at some other mechanic for $800 and some days later the fan under passenger side dash started squeaking and thats another $100... This car hardly has 60k miles on it and i got it as certified preowned.. I dont know how many issues i would have gotten.. So for me its a no brainer.. its like paying insurance because we never know.. And no i didn't buy warranty with my touring because i leased it lol

What did you pay?

sravanz

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ArnoldLayne

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ArnoldLayne

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carlson03

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PeepDuck

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carlson03

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DriveLess

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sravanz

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carlson03

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ballmode

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ballmode

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eXultanCe

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ArnoldLayne

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carlson03

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sravanz

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