Honda Motor Company has enjoyed a vast level of success in its ventures in the American automotive and motorcycle market. Honda’s storied history in the United States started in 1959, when the company established its overseas headquarters in Los Angeles, California. Throughout the 1960s, Honda focused on producing a wide variety of quality motorcycles for the American market, the high quality offered by Honda have set aside preconceived notions of poor quality that ran rampant in regards to Japanese produced goods.
In 1962, Honda moved into automotive sales with offerings such as the Honda 600 subcompact. However, the U.S. market didn’t take much notice of the Japanese company until it unveiled the Honda Civic subcompact in 1973, only months before the first energy crisis of the 1970s. Featuring a small 1.2-liter four-cylinder engine producing 50 horsepower, the two-door Civic became an instant hit with those looking for a fuel-efficient vehicle during the midst of gas shortages. In response to new vehicle emission standards, Honda introduced the Compound Vortex Controlled Combustion (CVCC) engine, capable of reducing vehicle emissions without catalytic converters and other complicated emissions devices. In 1976, Honda added the Accord compact to the company’s automotive lineup.
From that point on, Honda greatly expanded its lineup of vehicles, offering consumers a wide range of frugal and reasonably priced compact and mid-sized vehicles, as well as a number of sport utility vehicles, minivans and other specialty vehicles. The company went on to expand its operations in the U.S. in 1979 by opening a manufacturing facility in Marysville, Ohio, becoming the first Japanese automaker to build cars on U.S. soil. In an effort to branch out to other markets, Honda launched the premium Acura brand in 1986. Today, Honda remains one of the most popular and most trusted automotive nameplates in the market. For instance, the Honda Accord continues to be one of the best selling cars in the U.S., with an unmatched level of quality and value, along with a high resale value.
Hondas are traditionally known for their outstanding reliability and parts quality, but like any other vehicle, Hondas are still susceptible to unexpected mechanical breakdowns and the major repairs that are necessary throughout the course of long-term vehicle ownership. Major vehicle components such as the engine and transmission will eventually wear out after long-term use, resulting in replacements that cost thousands of dollars to have installed. Having a new car or used car warranty can help reduce the cost of such automotive repairs and eliminate the need for out-of-pocket expenses, but such warranty coverage only lasts for a limited amount of time. Once this coverage runs out, owners are left with the prospect of spending hundreds or even thousands of dollars to have their Honda repaired outside of warranty coverage.
The best way to protect yourself from the high cost of major automotive repairs is to invest in an extended warranty. With an extended warranty, you can substantially reduce or eliminate the costs of having your Honda repaired, for a small monthly or yearly fee. Most extended warranties not only allow you to select the repair shop of your choice, but they also include perks such as 24-hour roadside assistance and free automotive rentals during the duration of the repair.