The $800 is too much. It's late tonight so probably not too many replies. You have 3 years to make the decision for the extended 4 years. Many more will chime in over the next few days and nights. There is a company in Florida that apparently sells the extended warranty in the $400 range. One Honda dealer here in town wants over $1,000 for it. My Honda dealer threw mine in so complaints from me. I would take the time to call a number of Honda dealers and get their prices. You don't have to buy it now although they will most likely tell you to buy it and finance it in the deal. NO THANKS to that. Do some searching. Also, I think you meant to say years 4-7 for the extended warranty as factory is 3 years-unlimited mileage. Good luck.