looks like the lawyers have made out well again. The next new wing will cost even more thanks to lawyers. I Think in this case we and Honda would have been better off without the HELP from the lawyers. Between the blood sucking lawyers and insurance companies the entire country is in serious trouble. As you may have noticed I don't like the way this country is being molested by the means of lawyers and insurance, wish I knew a good way to resolve the problems but I don't. JMO
What do you call a bunch of lawyers at the ocean bottom?
A good start......but,
this settlement came out pretty fair. Honda gave up an extension to the "upgrade" and a two year extended engine/cooling warranty. We already know that a Honda engine will last forever, so the cooling system extension is the only thing they really gave up in this settlement.
I seriously doubt that this cost to Honda will even be noticed in the profit line. In fact, if Honda would have responded quickly to early overheating reports, they could have saved significantly more by avoiding what they did spend two years later.
Honda doesn't deserve to be seriously damaged by the scum-sucking lawyers, but paying a small price for sticking their corporate head in the sand caused many of us problems that could and should have been prevented.
Does this mean the resale value of my 2002 just went back up since I now have 4 years left on the engine warranty??
I would sure like to know what the lawyers cut of this settlement was. I bet it wasn't pocket change. I also wonder what the owner(s) that filled the suit got out of it (a new bike or a maybe a full refund?).
Also makes me wonder what the outcome will be when someone files (or filled?) a class action lawsuit on the frame issue, and if it will only cover bikes under the recall vin range, or if it will be all 2001-2003 bikes.
It will also be interesting to see what changes are made to the 2005 Wings in light of the frame, overheating, and intercom/CB/CD problems.