Honda Odometer Problems
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Honda Odometer Problems
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http://www.wsbtv.com/money/10655318/detail.html
Honda Odometer Problems
POSTED: 6:10 pm EST January 2, 2007
UPDATED: 6:25 pm EST January 2, 2007
ATLANTA -- If you drive a Honda – watch your mail. Owners of about 6 million cars are getting word of a class action settlement in a case involving inaccurate odometers.
The lawsuit charges that Honda odometers roll up the miles too quickly – meaning warranties expire too soon and lease customers have to pay for miles they didn’t drive. A proposed solution affects Honda and Acura owners.
“You’d like to think that their mechanics or engineers are more on the ball, but it happens,” said Daji Kuweza.
Kuweza just bought his Honda at the end of a 4-year lease. If the odometer read more than 48,000 miles like it does today, he could have paid extra.
“Of course paying charges always makes you feel unhappy, especially when they’re unjust,” said Kuweza.
It turns out Kuweza’s odometer may be off 2%-4% -- having racked up more miles than the car has actually traveled. Six million Honda and Acura models are covered under a proposed settlement in a class action lawsuit on the issue. Letters are now arriving in the owners’ mailboxes.
They cover model years 2002-2006. You had to buy or lease the car between April 13, 2002 and November 7, 2006. Honda will extend warranty mileage by 5% and they’ll reimburse for repairs you paid for if your car would have been covered by the new warranty limits. And they’ll reimburse lease charges if you paid for mileage you may not have driven.
The downside for owners like Kuweza is, if his odometer shows more miles that it should, his car loses value faster.
“That changes the negotiating price with the person that’s the buyer – he’ll want to pay me less money, so it has an effect” said Kuweza.
The settlement won’t be final until a hearing scheduled for May.
Late Tuesday afternoon Honda sent Channel 2 a statement saying, “As the potential odometer variance is very small, the potential impact on individual customers is minimal.” Honda says they agreed to the settlement, “…in the interest of customer satisfaction.”
In fact, Honda says their odometers still performed within industry guidelines.
If you drive one of the 6 million cars affected, you can get more information on the settlement at www.hondaodometerclassaction.com.
http://www.wsbtv.com/money/10655318/detail.html
Honda Odometer Problems
POSTED: 6:10 pm EST January 2, 2007
UPDATED: 6:25 pm EST January 2, 2007
ATLANTA -- If you drive a Honda – watch your mail. Owners of about 6 million cars are getting word of a class action settlement in a case involving inaccurate odometers.
The lawsuit charges that Honda odometers roll up the miles too quickly – meaning warranties expire too soon and lease customers have to pay for miles they didn’t drive. A proposed solution affects Honda and Acura owners.
“You’d like to think that their mechanics or engineers are more on the ball, but it happens,” said Daji Kuweza.
Kuweza just bought his Honda at the end of a 4-year lease. If the odometer read more than 48,000 miles like it does today, he could have paid extra.
“Of course paying charges always makes you feel unhappy, especially when they’re unjust,” said Kuweza.
It turns out Kuweza’s odometer may be off 2%-4% -- having racked up more miles than the car has actually traveled. Six million Honda and Acura models are covered under a proposed settlement in a class action lawsuit on the issue. Letters are now arriving in the owners’ mailboxes.
They cover model years 2002-2006. You had to buy or lease the car between April 13, 2002 and November 7, 2006. Honda will extend warranty mileage by 5% and they’ll reimburse for repairs you paid for if your car would have been covered by the new warranty limits. And they’ll reimburse lease charges if you paid for mileage you may not have driven.
The downside for owners like Kuweza is, if his odometer shows more miles that it should, his car loses value faster.
“That changes the negotiating price with the person that’s the buyer – he’ll want to pay me less money, so it has an effect” said Kuweza.
The settlement won’t be final until a hearing scheduled for May.
Late Tuesday afternoon Honda sent Channel 2 a statement saying, “As the potential odometer variance is very small, the potential impact on individual customers is minimal.” Honda says they agreed to the settlement, “…in the interest of customer satisfaction.”
In fact, Honda says their odometers still performed within industry guidelines.
If you drive one of the 6 million cars affected, you can get more information on the settlement at www.hondaodometerclassaction.com.
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