With its roomy exterior and advanced safety features, the Honda CR-V is considered one of the most functional SUVs on the market. It has been ranked #1 by U.S. News & World Report for compact SUVs and was the fourth best-selling vehicle in 2016.
The Honda CR-V comes with an option of three standard warranties: a 36-month, 36-000-mile bumper-to-bumper warranty; 36-month, 36,000-mile roadside assistance coverage; or a 60-month, 60,000-mile powertrain warranty. Depending on how many miles the vehicle accrues or the kind of terrain it must endure daily, a major repair may occur within the timeframe of the original manufacturer warranty.
However, new vehicle improvements and modern advancements are being added year after year. A vehicle’s durability often lasts beyond the initial warranty. Repairs aren’t needed as often in those first few years. Where does that leave the driver when the warranty expires? When the Honda CR-V warranty is deemed no longer valid, the costs rest solely upon the driver, who must be prepared to pay straight out of pocket.
The need for car repairs rarely come with a warning, which means that without any type of extended coverage, a vehicle owner could be out hundreds or thousands of dollars unexpectedly to fix his or her car. For example, as an estimate, a starter replacement can start at $300 and can go up to $1,100*, which may not even include labor or tax from the repair shop.
The value of a vehicle service contract is to provide repair coverage so there is no lapse from the original warranty. Depending on the plan you choose, it will often include extra perks like rental car reimbursement, 24/7 roadside help, and towing services, fees which can quickly add up on their own.
Plans are based on eligibility which factors in the model, make, mileage, and year of your vehicle. Although the last thing you want to do when you buy a new car is think about when it might break down, it’s a reality to keep in mind to make sure you’re covered at the times you need it most.
*Estimates from repairpal.com
A Vehicle Service Contract (VSC) is often referred to as an “extended warranty,” but it is not a warranty. A VSC does, however, provide repair coverage for your vehicle after the manufacturer’s warranty expires. A VSC is a contract between you and a VSC provider or administrator that states what is a covered repair and what is not.