Opinion on selecting a $15k used Sedan

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After going through all the manuals, I took another look under the filler cap. There is good news.....for sure there is varnish on the splash guard right beneath the cap....but peeking around that, I see no varnish on the cam or valley.
 
Originally Posted By: Phishin
Originally Posted By: Vikas
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I'm thinking of purchasing a bumper-to-bumper 100K mile warranty. ...maybe she can give me a deal on this. We'll see.

There is no such thing. You can NOT get true new car warranty to 100K for ANY amount of money. There will always be exclusion and weasel words in it.

Secondly, the 5yr/120K miles means 5 year from the in-service date and NOT from the day you purchase the vehicle.


Yeah, the warranty is 7 year/100k from Honda. It's called Honda Care. And today, when I picked up the car, we went over the specifics. There was a huge list of things that could break on the car. All of them were marked on the "new car" warranty. About 2/3-3/4 were marked for "extended warranty coverage"....which is what I'm thinking about buying.

The price for the 7 year/100k extended warranty was $735. The 8 year/120k mile warranty was $1095. I would pay $350 extra for that year of coverage.

And since this is a 2010 car, the car would be covered until March, 2017. That's 4 years, and for me, that would be about 80k miles. So, the date would void the warranty for me since the car already has 34k miles on it. That also comes with a $0 deductible. I don't think it's that bad of an insurance policy for the price.


Did you get a quote for some of the dealers who sell these online? I'm sure an Accord or random Honda forum would have their names. Personally, I'd be buying a Honda on the premise I don't need the warranty.
 
Originally Posted By: VicVinegar
Personally, I'd be buying a Honda on the premise I don't need the warranty.


I know Vic....That's the only reason I'm hesitating. I bought a Honda because I expect nothing to break. Kinda an oxymoron for me to have the Big H on the hood, and buy an extended warranty. Understood.

On the main Accord forum, there was a thread about it. There was a bunch of people posting how they had paid between $1500-$2100 for these extended warranties. Someone posted that they had purchased their warranty for $950 or $1000, and they had bought it online. He listed three sources. I checked them all. I graduated school for the girl selling me the warranty at the dealership. She flat out told me, the warranty cost her $535, she would sell it to me for $735. So, even the guys who think they are getting a deal buying these online, they are still paying 100% mark-up.
 
Regarding the oil... What you've described matches exactly every K24 I've seen, including our own. There will be varnish on the splash shield directly under the oil fill cap, but if you look around with a flash light into the valvetrain area, you will see that it's very clean.

Here's the bottom side of my cylinder head cover. Lots of discoloration, right?

IMAG0373.jpg


But the actual cylinder head and valvetrain area are very clean.

IMAG0376.jpg


Your K24 will look similar to mine with one exception. Your intake camshaft (the front one) will have three lobes per cylinder instead of two lobes like mine has. Your version of the K24 has what is closer to a "power" VTEC implementation where the engine will use the larger cam above about 5,000 rpm (you should hear the changeover). Mine has the "economy" VTEC implementation which is a little different. Yours uses a single cam lobe for both exhaust valves, similar to mine.

Regarding the warranty... In general, the opportunity to negotiate on a warranty is gone once you've driven the car home. The point at which you have a little more leverage is sitting in the finance office, when you haven't actually signed any papers yet. That's where you offer them $500 for a $900 warranty and that's when they'll say, "well, I can only do this a few times a month, but sure, I can do that." Now that you're (presumably) done with the purchase and have already taken the car home, the dealer has much less incentive to offer a better deal on the extended warranty.
 
For less than $1000 with that length of coverage I'm fairly sure I'd opt to pay the bit extra for peace of mind. That sounds like a good buy assuming the warranty will pay for most things.
 
Extended warranties are almost always a money loser for the consumer. They are among the highest profit items that a dealer sells. When buying a highly rated historically very reliable used car an extended warranty on average is a waste of money. At the very least do your due diligence and shop for an extended warranty online, check multiple non local Honda dealers and also check your insurance company and sites like Costco - you will likely get a much better deal and potentially a better warranty. Myself I would not get one for a Honda or Toyota product. Save the money and self insure.
 
Unlike what most folks believe the highest leverage you have to get your best price for almost anything with a seller (particularly a car dealer) is when you are at home and on the phone. Seems counter intuitive but your leverage and power sitting at the dealer in their office is hugely reduced. And the longer you sit and invest your time sitting at the delaer the more of a fish you show yourself to be. The average car buyer makes an expensive mistake buying a car in person but that's almost always how its done. Having enough knowledge and experience to execute an effective on the phone transaction requires fairly advanced contracts and negotiation skills/experience.
 
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If you are interested in the warranty, get the written list of all the EXCLUDED ITEMS. Don't even bother reading the list of the covered items. The way they get you from actually honoring the warranty is claiming it was the non-covered item which caused the covered item to die and thus denying the coverage.

When I was shopping for CPO cars, only manufacturer to offer the list of excluded items was Lexus. Every other manufacturer had a huge list of included items which is really no helpful to really understand how the game is played. That was one of the reason, I was seriously considering CPO Lexus vs CPO BMW or CPO Mercedes. And extended warranty terms are not even as generous as the CPO warranties.

But you guys know how I feel about the extended warranties in general. I am somewhat irrational to the other extreme on it.

One thing is for sure though, the less chances you give to the guys to "warranty fix" your car, better you would be in the long run.
 
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Originally Posted By: dishdude
Originally Posted By: supton
How is 100k+ "teetering on beater status"? 200k is the new 100k, you know.


If you buy it new, and take good care of it I would agree.

Buying a used car with 100k already on it is a totally different story. The average used car that is 8 or so years old with 100k is going to have a filthy interior, a few dents/scrapes/scratches, scratched bumper covers, yellowed headlights and curb rashed wheels.

+1
I was a private event last weekend where we had members from the Toyota Corporate product planning team present. It was established that 150k is considered to be the "design life" of a vehicle. This is something to keep in mind when purchasing a used car.
 
^ Interesting. I thought it was around that point. Ford's engine testing I believe was set to 150k miles as well.

If you're buying a used car with over 100k miles, just check all the maintenance history and try and find a car that averaged about 20k miles per year. Usually that means it was highway.

One thing I'm not thrilled about the car I picked up was it was used for about 14k miles per year. It's also 10 yrs old. But I was in the $5k-6k range, where it's very hard to find something "good".

You just have to search really good and you'll find some cars that were really well maintained.
 
For very high mileage, I would recommend sticking with a Japanese brand - Toyota, Honda and Mazda/Subaru.

I'd stay away from European cars.
 
After a soapy wash with Simple Green, Collinite cleaner wax, and then Collinite Marque D' Elegance #915, the Accord was sparkling!!

photobucket-11067-1371947272064.jpg


I cleaned the engine bay and now I'm wondering what people use on the black plastic and rubber under the hood. What you guys recommend?
 
You washed the purple off
lol.gif


edit: congrats and it looks good

edit 2: There's shiny stuff made specifically for engines. It's called Gunk Engine Brite Shine. Make sure you get the shine and not the degreaser.
 
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Originally Posted By: asiancivicmaniac
You washed the purple off
lol.gif


edit: congrats and it looks good


I bought this base model LX for a $1000 cheaper than the Maroon LX-P I posted a link to earlier.

I'll give the Engine Brite a shot. Thanks!!
 
Originally Posted By: The Critic
Originally Posted By: dishdude
Originally Posted By: supton
How is 100k+ "teetering on beater status"? 200k is the new 100k, you know.


If you buy it new, and take good care of it I would agree.

Buying a used car with 100k already on it is a totally different story. The average used car that is 8 or so years old with 100k is going to have a filthy interior, a few dents/scrapes/scratches, scratched bumper covers, yellowed headlights and curb rashed wheels.

+1
I was a private event last weekend where we had members from the Toyota Corporate product planning team present. It was established that 150k is considered to be the "design life" of a vehicle. This is something to keep in mind when purchasing a used car.


All part of planned obsolescence. We can make engines and transmission that easily go 200, 300K. So we need to have 900 speed automatic transmissions that cost 3 arms and 2 legs to rebuild or electronics that fail at older age.
 
Originally Posted By: Phishin

I cleaned the engine bay and now I'm wondering what people use on the black plastic and rubber under the hood. What you guys recommend?


Looks great.

Honda sells a house brand vinyl and rubber cleaner/protectant through their dealers. It's VERY good. I actually went to the dealer to buy more after using up the freebie that came with my dad's car, and they had plenty in stock knew exactly what I was asking for. I guess I wasn't the only fan.
 
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