I would say, though, that the dealer did you no favors by not offering you an extended warranty. I work for the warranty department of the world’s largest dealer group — we carry all makes and models (not to mension a couple of Yacht dealers), including Honda’s.

Over the last few years, Honda’s quality has really suffered. Unfortunately, most of their problems are focused on the Air Conditioning System, and the Transmission. Honda suffers from what those in the industry call “black death” a/c failures, costing over $2000 to repair. The transmissions have a problem with the shift solonoid B, which in and of itself is only a few hundred dollars to correct — but Honda (like Toyota and Mazda) dealers do not repair transmissions — they are replacement only parts. That Honda transmission will cost you around $4,000 parts and labor.

Of course, you may never suffer these issues, but remember, dealer cost on an extended warranty is always around $500 – $800 depending on the quality of coverage. Your price is negotiable down to their cost. If you can get a service agreement for $700 – $900…then you’re a fool to risk the money.

Cars break — yep, even Honda’s and Toyotas. When they do break, they can cost as much as a renovation to your home to fix, $1000 is a small price to pay to ensure that your hard-earned-cash can be used for investing in the market, and not in the parts department.

They also have a list of the usual parts that people may need for their car, like oil filter, air filter, and cabin filters.

Good luck with the accessory purchases.