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Looking for opinions about getting Lexus extended warranty

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Old 03-08-13, 01:55 PM   #1
watch37
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Default Looking for opinions about getting Lexus extended warranty

Wow, it's hard to believe, but I've owned my pre-owned 2009 LX now for almost 5 months already. That sure went by fast

So, next month my 50,000 mile original warranty will run out (April 5 to be exact). I currently have about 44,500 on the SUV. I'm debating whether to get the Platinum extended warranty. A warranty for an extra 4 years/25,000 miles is around $1,800. A 4 year/50,000 warranty is about $2,500, which would take it right up to 100,000 miles.

I'd like to hear from the "high-mileage" LX570 owners out there; can you tell me if you've experienced issues with your LXs after the original warranty period expired? I realize that there are other factors to consider, like the whole peace of mind thing, but I'd be interested in knowing whether there are issues I should or might expect to see during the next 4 years. I initially thought that I would definitely get a warranty, but now I'm not so sure. These things are so reliable, I'm now wondering if it's worth it.

Thanks!!!
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Old 03-09-13, 04:30 AM   #2
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$2500 does not sound too bad for another 4 years/50k. What does it cover in comparison to the original warranty. My major worry would be the engine and drive train of which if it had a problem would cost big buck$.

I have never owned a LX past the warranty but have had few to zero problems with any of the LX units I have owned. It still amazes me that they can deliver my 2013 LX and as complicated as it is, everything works perfect. Lexus is very outstanding on things like this.
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Old 03-09-13, 07:56 AM   #3
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We purchased an extended warranty from our dealership on a 2006 RX 400h to cover us until we were ready for our next trade, which happened after about a year into the extended warranty. We received a pro-rated refund of our unused warranty. It came in the form of a check from Toyota.

We discovered that the extended warranty would not cover the cost of "flat-bedding" a disabled vehicle to the dealership, but as we also had AAA that wasn't a problem. Otherwise, an extended warranty seems to do what it says .... it extends your original warranty beyond the original terms.
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Old 03-09-13, 11:47 PM   #4
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I bought mine as a CPO just because i was scared if anything went wrong it would a arm and leg to get fixed..i have mine for about 8 months i think no issues yet put almost 10k miles is at 56k... the older lx470 i had no issues, but those engines/trans been around for a while ..but i would HIGHLY recommend you for getting an extended warranty just to be on the safe side. I think you can actually get a warranty though lexus.
Quote:
Originally Posted by watch37 View Post
Wow, it's hard to believe, but I've owned my pre-owned 2009 LX now for almost 5 months already. That sure went by fast

So, next month my 50,000 mile original warranty will run out (April 5 to be exact). I currently have about 44,500 on the SUV. I'm debating whether to get the Platinum extended warranty. A warranty for an extra 4 years/25,000 miles is around $1,800. A 4 year/50,000 warranty is about $2,500, which would take it right up to 100,000 miles.

I'd like to hear from the "high-mileage" LX570 owners out there; can you tell me if you've experienced issues with your LXs after the original warranty period expired? I realize that there are other factors to consider, like the whole peace of mind thing, but I'd be interested in knowing whether there are issues I should or might expect to see during the next 4 years. I initially thought that I would definitely get a warranty, but now I'm not so sure. These things are so reliable, I'm now wondering if it's worth it.

Thanks!!!
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Old 03-10-13, 03:57 AM   #5
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I have also heard that you can shop around and get a better price on this Toyota extended warranty, not sure, but the dealer can discount it if they want.
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Old 04-20-13, 07:56 PM   #6
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I was able to get 8year/100,000 warranty on my LX from a Toyota dealership for $1005.
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Old 04-21-13, 09:04 PM   #7
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Quote:
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I was able to get 8year/100,000 warranty on my LX from a Toyota dealership for $1005.
Where did you get that warranty from? That's more than half off the lowest prices previously discussed on these threads.
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Old 05-09-13, 06:50 PM   #8
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Sorry for the late respond. Midwest Toyota, 1-800-448-1505
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Old 05-09-13, 07:16 PM   #9
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As an update, and much research, I decided to pass on the extended Lexus warranty.
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Old 05-09-13, 07:18 PM   #10
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You are probably right. Good luck.
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Old 05-10-13, 02:43 AM   #11
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Quote:
Originally Posted by watch37 View Post
As an update, and much research, I decided to pass on the extended Lexus warranty.
Chance are you will have no problem with your vehicle and now have that extra money in your pocket. I am just not big on these extended warranties.
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Old 05-10-13, 02:43 AM
 
 
 
 
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