Warranties & Vehicle Repair

Enjoy Your Vehicle Worry-Free (For More Than 3 Years)

At Formula Honda, all of our new vehicles and certified pre-owned vehicles come with a basic vehicle warranty. The warranties can vary from new, to used vehicles, but usually cover a specific amount of KM, or a set of time to ensure the life and safety of your vehicle.

The standard manufacturer warranty of a new Honda vehicle covers the first three years of your vehicle’s life or up to 60,000 KM – whichever comes first. This includes items like vehicle accessories and audio components.

The Honda basic warranty doesn’t cover your vehicle when you’re going to need it the most.

We have information from a huge dataset that allows us to gather this vehicle frequency of repair information. From your first road trip to your second or third, your vehicle will have a very small repair cost.

 

Frequency of Vehicle Repair Information Graph

It is important to understand and recognize the age and milestones when it comes to your vehicle life that makes your vehicle more vulnerable to costlier repairs.

Eventually, something is going to break and you will have to repair it.

Ordinarily, a vehicle under 50,000 KM will have a minimal cost within the first three years of its life. With age and the increase of kilometers on your vehicle, the need and cost for repair will inevitably increase. It’s when your vehicle reaches the 50,000 KM mark, that the cost of ownership and repair will start to increase. Depending on how well your vehicle has been maintained, the cost could grow at a significant pace.

Can you get an extended warranty after you’ve bought your vehicle?

Yes, if you initially decided to decline extended warranty coverage when you bought your vehicle, it’s not too late! It’s possible to minimize your ownership costs after you have purchased your new or used vehicle from Formula Honda. Just contact us using the form below, and one of your team members can assist you in finding the right coverage for you and your new or used vehicle!

Our extensive range of products was developed to cover any issues that your vehicle may experience down the road. To learn more about how to save money when purchasing your new vehicle or used vehicle in Scarborough, Markham or Toronto give us a call!

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