Would you buy the extended warranty on a new Honda?

I'm buying a 2010 Honda Element today. The dealership I'm buying it from gives you a free lifetime powertrain warranty. There's also a 60,000 mile warranty. Of course they're trying to sell me a 120,000 mile warranty as well. They say Hondas are very reliable. So do I really need to get this warranty? What would you do?
 
Only if the price is right.

Otherwise no, but I have owned many Honda models.

Started with a civic & now a S2000. Honda's are keepers.

If you buy new, Make sure you check all fluids are full before you drive off the lot. Sometimes they forget in a rush.
 
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