RC - 1st Gen (2015-present) Discussion about the new Lexus RC model

Take the extended warranty or Not

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Old 01-12-17, 09:55 AM
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alrozrc350
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Cool Take the extended warranty or Not

Hi All,

I am waiting for mu custom built Lexus RC350 F Sport and wanted to get input weather or not to consider and extended warrant.
It seems this gives you another 20K mikes and 2 more years. I know that you can get some sort of a deal on the price.
To me it is a safe guard and who can say if it would be ever used.
Thanks -Alrozrc350
Old 01-12-17, 11:34 AM
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nomz09
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Originally Posted by alrozrc350
Hi All,

I am waiting for mu custom built Lexus RC350 F Sport and wanted to get input weather or not to consider and extended warrant.
It seems this gives you another 20K mikes and 2 more years. I know that you can get some sort of a deal on the price.
To me it is a safe guard and who can say if it would be ever used.
Thanks -Alrozrc350

i actually bought one just to have a peace of mind and added them to my monthly which is more or less $30 a month so i dont really feel like i got it. with all the technology this car has, i think its worth it just incase something happen.
Old 01-17-17, 07:04 AM
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alrozrc350
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Hi nomz09 - Yes after rethinking this over and the technology in the car as you state, I most likely will take out an Extended Warranty.
Old 01-19-17, 01:48 PM
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garyw622
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Here are some pretty good prices I found from a dealer on the internet for a genuine Lexus warrant

L2-LEXUS, (RC350-F- SPORT-2wd)
Purchased 05/11/16

4 YEAR 100,000 MILES $1,400.00,
4 YEAR 125,000 MILES $1,695.00
5 YEAR 60,000 MILES $1,020.00
5 YEAR 80,000 MILES $1,275.00,
5 YEAR 100,000 MILES $1,610.00
5 YEARS 125,000 MILES $1,965.00
6 YEAR 70,000 MILES $1,340.00,
6 YEAR 100,000 MILES $1,785.00
6 YEARS 125,000 MILES $2,260.00
7 YEARS 75,000 MILES $1,770.00,
7 YEAR 100,000 MILES $2,200.00
7 YEARS 125,000 MILES $2,705.00
8 YEAR 75,000 MILES $1,915.00
8 YEARS 100,000 MILES $2,460.00
8 YEARS 125,000 MILES $3,275.00
Old 01-20-17, 02:41 PM
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alrozrc350
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Hi Garyw622- Can you mention the dealer or not regarding the mentioned extended warranties above?
Question - and using the first one as an example: So if the original warranty is 4yrs or 50,000 miles, the first example
is extending that to 100,000 or 4 Yrs? Also, are these warranties the same for the RC350 models?

Thanks -Alrozrc350

Last edited by alrozrc350; 01-20-17 at 02:42 PM. Reason: rc
Old 01-20-17, 05:10 PM
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garyw622
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Yes, 100k or 4 years which ever comes first.

Jerry Johnson
Warranty Manager
Midwest Toyota
Midwest Ford
Midwest Superstore
1100 east 30th
Hutchinson, Ks 67502
800-530-5789
Cell 620-664-8844

jerryj@midwestsuperstore.com
Old 01-21-17, 08:48 AM
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tfischer
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When you are comparing prices and terms, you also should look at the policy itself to determine the extent of the coverage; some have exclusions (electrical and electronic are common) that limit application, making them less expensive. The brochures are not contracts, and can be misleading.

Last edited by tfischer; 01-21-17 at 08:50 AM. Reason: Deleted references to Milania's outfit.
Old 01-22-17, 08:09 AM
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alrozrc350
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So true sfischer, thanks for the input. One thing that I will be interested in is the infotainment equipment etc.
Old 01-25-17, 12:37 PM
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GearHead69
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AAA also carries warranties, and for a really good price. I would not buy the extended warranty until you car is close to being out of warranty otherwise you are paying for something that is not being used. The AAA extended warranty that I bought for my Wife's Lexus covered everything in the car for 4 years. Just food for thought.
Old 01-25-17, 04:03 PM
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alrozrc350
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Hi GearHead69- So if I wait until I met my mileage or years, purchase the extended warranty then? Example: if the extended gives another 2 yrs or 20,000 miles, would I not get this
when purchasing the car on top of 4 yrs/50,000 making the actual coverage 6yrs /70,000 miles?
Also, the AAA policy, isn't this consider a 3rd party plan and may not pay for various repairs as a Lexus plan would? I heard some stories regarding not purchasing
a Lexus extended plan.
Old 01-30-17, 05:35 AM
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GearHead69
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Originally Posted by alrozrc350
Hi GearHead69- So if I wait until I met my mileage or years, purchase the extended warranty then? Example: if the extended gives another 2 yrs or 20,000 miles, would I not get this
when purchasing the car on top of 4 yrs/50,000 making the actual coverage 6yrs /70,000 miles?
Also, the AAA policy, isn't this consider a 3rd party plan and may not pay for various repairs as a Lexus plan would? I heard some stories regarding not purchasing
a Lexus extended plan.
When you purchase an extended warranty it starts from the time you purchase it, and since your car already has a 4 year bumper-to-bumper warranty why purchase it at the beginning. With regard to third party warranty plans not being taken by Lexus, that may be true, but with AAA it is taken as it is a respected plan. How do I know, I purchased one for my wife's 2004 Lexus ES330 when we bought it used at 56,000 miles, and it covered everything just like the OEM plan did. We had speakers replaced, window motors, the stereo head unit, water pump, alternator, and various other things. Do your homework, and purchase one just before it goes out of warranty otherwise the car salesperson really took you for a ride and really took your money.

What do I base this claim one, my father was a car salesman for over 20 years. He said that selling an extended warranty at the time of purchase was the highest grossing profit that the dealer got other than the mystical paint protection package.
Old 03-22-17, 03:19 AM
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tresmith00
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Originally Posted by GearHead69
When you purchase an extended warranty it starts from the time you purchase it, and since your car already has a 4 year bumper-to-bumper warranty why purchase it at the beginning. With regard to third party warranty plans not being taken by Lexus, that may be true, but with AAA it is taken as it is a respected plan. How do I know, I purchased one for my wife's 2004 Lexus ES330 when we bought it used at 56,000 miles, and it covered everything just like the OEM plan did. We had speakers replaced, window motors, the stereo head unit, water pump, alternator, and various other things. Do your homework, and purchase one just before it goes out of warranty otherwise the car salesperson really took you for a ride and really took your money.

What do I base this claim one, my father was a car salesman for over 20 years. He said that selling an extended warranty at the time of purchase was the highest grossing profit that the dealer got other than the mystical paint protection package.
Agreed. It's the time value of money. If you get the warranty up front, you're essentially giving up money that you don't have to. and if you rolled in that warranty price into the car note. you're also paying interest on it.
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