NO more Jerry Johnson mailed warranties
#31
Lexus Test Driver
My home is paid off and I still carry insurance. Never had a fire theft or claim of any kind in 40 years. Cars are paid off and I still carry collision and comp. Never used them either. Its just insurance. The discounted VSCs were worth it. Would I pay $2300 for a VSC? Not a chance. $900 for the same All day long.
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I'm not even gonna read the rest of the post.
Last edited by keyframe13; 02-22-14 at 10:58 AM.
#32
What's good for you isn't always good for everybody. If I would have bought an extended warranty on EVERY vehicle I've ever owned I'd be out thousands and thousands of dollars since I've NEVER needed any warranty repair work. If I would have drove to the dealership for every maintenance work I've ever done I'd be out several more thousand dollars just to have my car worked on at "Lexus" by people I don't know or trust(plenty of horror stories across the web). There is nothing wrong with doing the work yourself if you're capable of such work. I trust myself to take better care of my car than ANYBODY else.
Cars are depreciating assets. Spend your money wisely.
Cars are depreciating assets. Spend your money wisely.
#33
Also, car insurance and car warranty are two totally separate items.
Home insurance and home warranty are also two totally separate items. Most people do not carry a warranty on their home for the life of the home. They fix items as they need fixing.
Obviously the unlucky bastard who has somehow blown 2 motors and 3 transmissions over the years would greatly benefit from an extended warranty.
Home insurance and home warranty are also two totally separate items. Most people do not carry a warranty on their home for the life of the home. They fix items as they need fixing.
Obviously the unlucky bastard who has somehow blown 2 motors and 3 transmissions over the years would greatly benefit from an extended warranty.
#34
Rookie
Thread Starter
Bottomline is this thread was not posted as an argument for or against whether buying extended vehicle service contracts is a good idea or not. Don't know why anyone would misunderstand that and jump in attacking mode. .There is probably another thread for that.
I know there are those who have no issue purchasing them at huge discounts and thought this news would help them. OF course its of no value to those who don't buy them at any price. I get it!!!
I know there are those who have no issue purchasing them at huge discounts and thought this news would help them. OF course its of no value to those who don't buy them at any price. I get it!!!
#36
This thread is too funny I’ve never seen so many people try to force their beliefs and opinions on others with blinders on. Everyone knows that warranties and insurance are two different things but that comment was used as an analogy.
You pay a premium for insurance to protect yourself in case something happens. People purchase extended warranties to protect themselves in case something happens. Both can be considered a waste of money because if nothing happens you don’t get your money back. However if you do have a problem with a Lexus or any other luxury car it can be expensive to repair.
I’m not a fan of purchasing extended warranties on new cars because as long as you take care of your vehicle you probably won’t have any problems. Used cars however are a different story because you don’t know how well the previous owner treated and maintained the car.
Everyone has their own ideas so if you can’t state your opinion in a respectful manor, don’t say anything at all.
You pay a premium for insurance to protect yourself in case something happens. People purchase extended warranties to protect themselves in case something happens. Both can be considered a waste of money because if nothing happens you don’t get your money back. However if you do have a problem with a Lexus or any other luxury car it can be expensive to repair.
I’m not a fan of purchasing extended warranties on new cars because as long as you take care of your vehicle you probably won’t have any problems. Used cars however are a different story because you don’t know how well the previous owner treated and maintained the car.
Everyone has their own ideas so if you can’t state your opinion in a respectful manor, don’t say anything at all.
#37
^^^ That was a very hypocritical post lol.
Some people can benefit from warranties. Others can't. It's basically a gamble. Pay now so you don't have to *possibly* pay later. Nobody is right or wrong. Do whatever you're more comfortable with. I don't insult people who buy warranties or try to convince them that my way is better. It's proven better FOR ME and that's why I opt out.
Some people can benefit from warranties. Others can't. It's basically a gamble. Pay now so you don't have to *possibly* pay later. Nobody is right or wrong. Do whatever you're more comfortable with. I don't insult people who buy warranties or try to convince them that my way is better. It's proven better FOR ME and that's why I opt out.
#38
^^^ That was a very hypocritical post lol.
Some people can benefit from warranties. Others can't. It's basically a gamble. Pay now so you don't have to *possibly* pay later. Nobody is right or wrong. Do whatever you're more comfortable with. I don't insult people who buy warranties or try to convince them that my way is better. It's proven better FOR ME and that's why I opt out.
Some people can benefit from warranties. Others can't. It's basically a gamble. Pay now so you don't have to *possibly* pay later. Nobody is right or wrong. Do whatever you're more comfortable with. I don't insult people who buy warranties or try to convince them that my way is better. It's proven better FOR ME and that's why I opt out.
I agree it's a LEXUS, like keyframe had claimed, but just like every other car, these cars CAN become problematic. My aunt just bought a 2014 BMW x5, drove it for a week, and this is the FOURTH time she sat at a stop light and the car just randomly shut itself off. Now it goes back to the dealership and she's not looking back, can't have those type of problems with a Lexus IMO .
#40
I have a BMW ('10 328 Coupe MT) in addition to my GS. The BMW has been flawless since I took delivery 3/1/10. It's been across the country twice, and will be going cross country again this summer. I've had the Lexus in for recalls/issues, but they've been covered by the original and extended Platinum warranty. I enjoy both cars very much, however, the Lexus has (so far) been more problematic than the BMW.
#41
Lexus Fanatic
iTrader: (3)
Or to be old and not to smart financially speaking
Extended warranties sell costly "peace of mind" for repair nightmares that probably won't occur. If you have few thousands to throw on the window you are much better putting them in a saving account that guess what . has no expiration date, no limit in miles, no exclusions and guess what. .they earn you interest also..
But hey, if that makes you sleep at night by all means
Extended warranties sell costly "peace of mind" for repair nightmares that probably won't occur. If you have few thousands to throw on the window you are much better putting them in a saving account that guess what . has no expiration date, no limit in miles, no exclusions and guess what. .they earn you interest also..
But hey, if that makes you sleep at night by all means
Last edited by IXI187IXI; 02-24-14 at 03:26 AM.
#42
Instructor
iTrader: (1)
Bought an extended warranty from Jerry for my wife's RX at 49890 and within 5 months had to replace the steering column for a minor problem that the dealer considered an annoyance more than anything. The cost of repair $3K. Paid for itself already. Jerry did us a great service and it's unfortunate the convenience of buying over the phone is no longer available for those that choose to get it.
#44
Lexus Champion
iTrader: (5)
I have extended warranty for my GS350, and it payed for it self the first time I got it serviced. Replacing rear view camera,air flow sensor and 2 motors mounts (10 hour labor). Next trip was a slight oil drip next to tranny (8 hours of labor alone) and a new seat track. In total by lexus prices I am looking at least $4500, Extended warranty cost me around $1500. I still have it, and I am looking to use it more before it runs out, or maybe I will just extend it for 125k miles. If you are an average JOE who does not care or known a car, Warranty for you is not a good option because you won't notice small problems that might turn out big in the future. I had the slight oil leak DENIED twice, until I had the Head of extended warranty come, take a look and approve it. But that is because they kept saying normal, It wasn't bad., but in the next 30k miles it would of been. I bet if we take your car that does not have extended warranty to a good mechanic, he can atleast find $2000 in work to be done, that sooner or later is going to be required. Motor mounts, tranny mounts, rear differential bushings, sway bar bushing on a car with 70k are all slightly cracked, and going to need replacing. Just parts alone we are talking over $1500, not including labor. So I will say it again, Discount Extended platinum lexus warranty is a very good investment and will pay for itself the first visit to lexus.
Last edited by GS350Lexus; 02-24-14 at 09:09 PM.
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