IS F extended warranty - worth it?
#17
I buy my cars used and keep them for about 4 years. I've had an evaporator core, navigation system, motor mounts and a few other parts, all replaced by Lexus under a $2800 extended warranty with $0 deductible on my GS430. I recently purchased a 09 ISF and without a doubt I got an extended warranty. If the car is still covered under existing warranty you can wait and shop around for awhile, but the lower miles will get you a better deal.
#19
Driver School Candidate
I bought a CPO IS F and declined the 5 yr and 6 yr warranty offers. The CPO gives me 3 years or 100k miles, whichever comes first. Most likely I won't reach 100,000 miles in 3 years. The car had 27,xxx on it at time of purchase. So I didn't think it was worth $2500 for the 6yr/100k extended warranty that provide me with only 3 years coverage. Now the big concern is electronics failure. I'm not too concerned with engine/powertrain failure.
But, I did click the fd-warranty link to see if there is a warranty available at a discounted price.
But, I did click the fd-warranty link to see if there is a warranty available at a discounted price.
#20
Lexus Test Driver
iTrader: (1)
When I bought my Supra in '93, the finance guy tried to sell me an extended warranty for a mere $2200. I got his tune changed pretty quickly. I said, "Wait a minute, the guys on the floor were telling me how reliable Toyotas are, and now you're telling me this car is going to break and it's going to be expensive to fix it?"
I got him down to $732...less than the price of a turbo failure. I got more than my money's worth out of it.
I got him down to $732...less than the price of a turbo failure. I got more than my money's worth out of it.
-Mike
#21
Lexus Fanatic
iTrader: (1)
Nice deal. I've been through the ol' song & dance many times with car purchases. For the most part, I've skipped extended warranties. The last time I bought one (for my '04 Toyota 4Runner), I didn't use it in the 8 years I had the vehicle. When I bought the IS-F a few weeks ago, I asked about negotiating a lower price for the extended warranty, but they weren't budging. I ended up passing on it.
-Mike
-Mike
#22
Driver
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Join Date: Nov 2013
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Thanks, all. They've come down by $1000, so I'll do it. I thought about extending the warranty at a later date, but apparently Lexus will only extend on new purchased cars - CPO extended warranties can only be had at time of purchase. I plan on keeping the car a long time, and not as a daily driver, so I likely won't hit the 100k mark before the six years are out.
I'll call Jerry Johnson and see what they'll do. EDIT: Called Jerry Johnson - only the selling dealer can do Lexus extended warranties on CPO cars.
Again, thank you all for your insight.
I'll call Jerry Johnson and see what they'll do. EDIT: Called Jerry Johnson - only the selling dealer can do Lexus extended warranties on CPO cars.
Again, thank you all for your insight.
Last edited by JM51526; 02-19-14 at 04:28 PM. Reason: Updated info on Jerry Johnson
#23
Lexus Fanatic
I just got mine today !! 8 yr/100k miles for $2498
Troy Dietrich is unbeatable, and only sells factory extended warranties. No third party BS.
Why risk it ?? In the end the warranties are refundable and prorated so theres no risk if you need to sell or trade the car down the line. Id say its a no brainer. One issue with the suspension, or some random electrical issue could easily run you in the thousands. I guess I like stress free motoring.
Troy Dietrich is unbeatable, and only sells factory extended warranties. No third party BS.
Why risk it ?? In the end the warranties are refundable and prorated so theres no risk if you need to sell or trade the car down the line. Id say its a no brainer. One issue with the suspension, or some random electrical issue could easily run you in the thousands. I guess I like stress free motoring.
#24
Tech Info Resource
iTrader: (2)
Not so much for me. There isn't anything I can't fix myself, so for me it's all about time and materials. That's what I told the finance guy trying to sell me the extended warranty on the Supra. When he offered his last price, he said, "I've got to know - If I offered this to you at cost, would you take it?" I don't think he made much there. It was the Toyota Extra Care (I would not consider anything else). I managed to get a windshield, hatch struts, and a passenger's side airbag through that warranty, but there's a lot more to this than meets the eye.
#25
Lexus Fanatic
I wish I knew how to work on my own car. Just not something I ever picked up or had the confidence to do myself. The only thing I can do amazingly well is detail a vehicle. I am straight up OCD !!
#27
Definately worth it. Just to touch a car like this costs $$$$
Mine recently went in for yaw calibrationa nd they noticed a VERY small amout of oil around the air filter. It is going in for 1-2 days of investigation now. Also looking to have headlights replaced as they let in moisture.
I wouldnt get a third party warranty, only direct from the manufacturer. From my experiance 3rd party ones are full of loop holes so they dont pay out.
Mine recently went in for yaw calibrationa nd they noticed a VERY small amout of oil around the air filter. It is going in for 1-2 days of investigation now. Also looking to have headlights replaced as they let in moisture.
I wouldnt get a third party warranty, only direct from the manufacturer. From my experiance 3rd party ones are full of loop holes so they dont pay out.
#28
Lead Lap
iTrader: (11)
I just got mine today !! 8 yr/100k miles for $2498
Troy Dietrich is unbeatable, and only sells factory extended warranties. No third party BS.
Why risk it ?? In the end the warranties are refundable and prorated so theres no risk if you need to sell or trade the car down the line. Id say its a no brainer. One issue with the suspension, or some random electrical issue could easily run you in the thousands. I guess I like stress free motoring.
Troy Dietrich is unbeatable, and only sells factory extended warranties. No third party BS.
Why risk it ?? In the end the warranties are refundable and prorated so theres no risk if you need to sell or trade the car down the line. Id say its a no brainer. One issue with the suspension, or some random electrical issue could easily run you in the thousands. I guess I like stress free motoring.
I just emailed Jarry Johnson.... and would like to know who is Troy Dietrich? Can i get his contact as well? defintly would like to see if their plans are the same and which one got better price!
Thanks
Ray
#29
Lexus Fanatic
If you google him he is on ALL of the forums. He is well known because he will generally sell warranties 600-1000 less than the dealers. I have purchased extended warranties for my LS, GS, and today purchased the extended warranty for the ISF. Its all Lexus Extra Care. I got the 8 yr / 100k for $2498.
His number is
(413) 773-5455. He works at Toyota of Greenfield in Massachusets . I will also be buying an extended warranty for our 2013 Sienna Limited from Troy as well.
His number is
(413) 773-5455. He works at Toyota of Greenfield in Massachusets . I will also be buying an extended warranty for our 2013 Sienna Limited from Troy as well.