IS - 2nd Gen (2006-2013) Discussion about the 2006+ model IS models

Is it worth it for extended warranty insurance for my car?

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Old 10-20-14, 08:24 PM
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vietboy1st
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Question Is it worth it for extended warranty insurance for my car?

A lexus dealer told me is that my car warranty from the factory is about to expire in december. My car is almost hit 50k miles. I want to keep the car for at least another 5 - 8 years from now. Is it worth it to buy an extended warranty from the lexus dealer which will cover almost everything.. except the brakes, tires or accident... and it will cost $2,780 .. Warranty is up to 150k mile or 5 years whatever comes first.. i have is250 2010 Thanks
Old 10-20-14, 08:38 PM
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metaleckz
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Do it! Peace of mind.
Old 10-21-14, 08:44 AM
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Hunterd
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Old 10-21-14, 09:58 AM
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FSportIS
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Are you sure it is 150k and 5 ADDITIONAL years and they are selling it to you right before the expiration of your default factory warranty. Is this too good to be true?

I bought 100k/7 years extended warranty in the year I bought my car but I never heard the 150k/5 additional year terms. I think they mean 125k/3 years or something.

Anyways, do it for the peace of mind but make sure you check the contract first.
Old 10-21-14, 12:15 PM
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tex2670
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Originally Posted by vietboy1st
A lexus dealer told me is that my car warranty from the factory is about to expire in december. My car is almost hit 50k miles. I want to keep the car for at least another 5 - 8 years from now. Is it worth it to buy an extended warranty from the lexus dealer which will cover almost everything.. except the brakes, tires or accident... and it will cost $2,780 .. Warranty is up to 150k mile or 5 years whatever comes first.. i have is250 2010 Thanks
Keep in mind that your power train is 6 / 70k, so big ticket items are still covered for a while. I've had my car 7 years, with no issues that were not covered by warranty or recall. I would not spend those bucks. Especially if this does not cover normal wear and tear items, which I'm willing to bet it doesn't.
Old 10-21-14, 01:05 PM
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Gville350
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My IS350 is officially 9yrs old this month; the only "major" mechanical component I had to replace was the alternator.

To me (DIY-king), it's not worth it on a vehicle known for a great track-record.
Old 10-21-14, 01:44 PM
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It depends. Are you good at fixing cars or breaking cars?

I have a friend who blew a manual transmission at 90k miles, most likely due to mis shift. I personally have good luck with minimal problems on my cars all the way up to 200k miles.

However, remember that $2700 is enough money for a transmission rebuild or 2 head gasket jobs on a 4 cylinder engine (so that's probably more than enough to rebuild a V6 engine), so if you just save the money and pay it out of pocket in the worst case, you will likely be ahead of the curve if you do not buy the warranty.
Old 10-22-14, 10:04 AM
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Originally Posted by vietboy1st
A lexus dealer told me is that my car warranty from the factory is about to expire in december. My car is almost hit 50k miles. I want to keep the car for at least another 5 - 8 years from now. Is it worth it to buy an extended warranty from the lexus dealer which will cover almost everything.. except the brakes, tires or accident... and it will cost $2,780 .. Warranty is up to 150k mile or 5 years whatever comes first.. i have is250 2010 Thanks
Extended warranties "up to 150k miles or 5 years" typically means that your warranty will be valid until 2015 (since you have a 2010) . Your mileage is really low, so that will not be a factor. Is $2800 worth 1 year of warranty??? I think you really need to ask the dealer to clarify.

Also reco to read this thread: https://www.clublexus.com/forums/is-...on-08-isf.html
Old 10-23-14, 04:21 PM
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Well, the only real big ticket item with the IS250 is the carbon buildup problem, which would cost you way more than $2800 to fix! I would try to spread out the miles/years a little more evenly - sounds like you drive it around 10k per year. You can get other warranty durations - here are those available while your car is still under warranty:

Time Total Vehicle Mileage
3 years 80,000 miles
6 years up to 125,000 miles
4 years up to 125,000 miles
7 years up to 125,000 miles
5 years up to 125,000 miles
8 years up to 125,000 miles

Just be sure to get the Lexus Extra Care Platinum Vehicle Service Agreement (not a 3rd party extended warranty).

Oh, and he's not doing you any favors on pricing. Search this site for Toby Rivers or Troy Dietrich, who will sell you one much cheaper than that.
Old 10-23-14, 04:25 PM
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Originally Posted by sktn77a
Well, the only real big ticket item with the IS250 is the carbon buildup problem, which would cost you way more than $2800 to fix! I would try to spread out the miles/years a little more evenly - sounds like you drive it around 10k per year. You can get other warranty durations - here are those available while your car is still under warranty:

Time Total Vehicle Mileage
3 years 80,000 miles
6 years up to 125,000 miles
4 years up to 125,000 miles
7 years up to 125,000 miles
5 years up to 125,000 miles
8 years up to 125,000 miles

Just be sure to get the Lexus Extra Care Platinum Vehicle Service Agreement (not a 3rd party extended warranty).

Oh, and he's not doing you any favors on pricing. Search this site for Toby Rivers or Troy Dietrich, who will sell you one much cheaper than that.
+1 on this. Also, I want to make it clear that the 8 years is NOT additional 8 years from the time you bought the warranty. The 8 years starts from the date the vehicle is bought so you actually get the remaining few years if you buy the warranty now, not the entire 8 years as some might think. Same for the miles, it is NOT 125k additional miles, it is at 125k miles where the warranty will expire. Correct me if I'm wrong.
Old 10-23-14, 05:44 PM
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Originally Posted by vietboy1st
A lexus dealer told me is that my car warranty from the factory is about to expire in december. My car is almost hit 50k miles. I want to keep the car for at least another 5 - 8 years from now. Is it worth it to buy an extended warranty from the lexus dealer which will cover almost everything.. except the brakes, tires or accident... and it will cost $2,780 .. Warranty is up to 150k mile or 5 years whatever comes first.. i have is250 2010 Thanks
that is an excellent price, mine was around that and only for 30k miles of coverage. I've already had 3k worth of repairs under it and Im at 80k now.
Old 10-24-14, 05:15 AM
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tex2670
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Originally Posted by sktn77a
Well, the only real big ticket item with the IS250 is the carbon buildup problem, which would cost you way more than $2800 to fix!
Carbon buildup is covered for 9 years (I forget the mileage) thru the CSP--not a reason to spend $2800.
Old 10-24-14, 11:51 AM
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sktn77a
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Just FYI, I paid $1360 for my IS250 7 year/100,000 mile Lexus Platinum extended warranty while the car was under the original warranty. The extended warranty will be up next year (7 years) but I'll only have 80k on the car.
Old 10-24-14, 04:13 PM
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I agree with sktn77a...If you decide to purchase only get a Lexus factory extended warranty, not a 3rd party one. You need to shop around because you should be able to get one for less than what you were quoted. I forgot the company's name and contact person that sells factory warranties at great prices. Maybe someone can chime in.
Old 10-27-14, 04:35 PM
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vietboy1st
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no they said. the warranty for extended for 5 years or 150,000 miles on my car. So i will talk to them by january.


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