Extended Warranty
#16
You guys realize that your car comes with a 72 months or 70,000 miles (whichever comes first) powertrain warranty right? Sure if your stereo blows, your exteneded warranty will cover you, but the more expensive stuff is already covered for 70k!
#18
Lexus Champion
This is a good deal only for the dealer. Is is extremely rare you would use $1500 or more in repairs in the first 75K to 100K miles. The policy covers the engine and drive train, not the paint or interior cosmetics.
I always recommend you put the $1500 in your bank account and use it for any repairs.. You will find you have monies left over at the end of the four years.
This is the self insurance ... no asking if it is covered and/or denied coverage; no headaches.
I always recommend you put the $1500 in your bank account and use it for any repairs.. You will find you have monies left over at the end of the four years.
This is the self insurance ... no asking if it is covered and/or denied coverage; no headaches.
#20
#22
Ok, I actually mis-read your first post, so I apologize. I have Nav, so that is pretty much the main reason I want the extended warranty. This car is very advanced on the inside and I would rather not have something go wrong with the power seat, or heating/cooling system for the seat, or nav system, or something like that in say.. the next 6 years and at like 70000 miles. So because of those types of things on the car, I would rather be safe then sorry.
#24
I understand your outlook and if I'd bought a domestic vehicle your idea would seem more logical. But we bought a Lexus, at least partially for reliability.
#25
But I hope it won't, as one of the main reasons for me buying another Japanese Luxury Brand as a daily driver was reliability.
#26
Ok, I actually mis-read your first post, so I apologize. I have Nav, so that is pretty much the main reason I want the extended warranty. This car is very advanced on the inside and I would rather not have something go wrong with the power seat, or heating/cooling system for the seat, or nav system, or something like that in say.. the next 6 years and at like 70000 miles. So because of those types of things on the car, I would rather be safe then sorry.
#27
After I got stuck paying a large repair bill on my plasma TV after only two years, and with our plans to keep our IS for around ten years, we decided to get the extended warranty. Perhaps it’s like carrying an umbrella to make sure it doesn’t rain, but with all those gadgets on the Lexus, I feel better having it.
#28
Lexus Test Driver
Join Date: Oct 2006
Location: Dallas, TX
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I keep my cars for 7-8 years so I bought the extended warranty with my car. 7 years, 100k miles. I got it for $1700. Just remember that these things are negotiable. I got $500 off my warranty.
#29
After I got stuck paying a large repair bill on my plasma TV after only two years, and with our plans to keep our IS for around ten years, we decided to get the extended warranty. Perhaps it’s like carrying an umbrella to make sure it doesn’t rain, but with all those gadgets on the Lexus, I feel better having it.
#30
Lexus Champion
Join Date: Dec 2006
Location: NorCal
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Is this for $0 deductible? Where did you get it? The lowest I've seen online is $1855. I too plan to get the extended warranty, but maybe in a year or so.