Extended Warranty

Subscribe
Dec 27, 2002 | 12:00 PM
  #1  
Just a quick question.
What are your opinions on purchasing the extended warranty for the GX. I know Lexii are bulletproof generally, but the GX is a new model and I plan to keep it for awhile. I have NEVER had a problem with my other Lexii, but given the potential to go offroad and the intricacies of the DVD and nav systems, what is the general consensus. Also what type of deals have those of you who have purchased the GX have been able to squeeze out of the dealer for the extended warranty? Thanks...Ron
Dec 27, 2002 | 02:08 PM
  #2  
I don't own the GX (yet anyway), however, I am always against the extended warranty. My personal feeling is that if I feel I need this warranty than I probably shouldn't be buying the vehicle. I suppose it also depends on how long you expect to keep the vehicle. We usually keep a car no longer than five years. However, if you wanted it for ten, than maybe this would make more sense. Still, its real value comes into play with major mechanical issues. Otherwise, the cost of the extended warranty will be more than a typical repair.

There are a lot of caveats, etc., in a warranty as well. If you take if off-road and really do some damage, they may not cover it. If you do opt to get this warranty, you should be sure to read carefully the fine print for what is covered and under what circumstance.

Lastly, you can shop the warranty around. You do not have to get the warranty from the dealer where you bought the car. You can call any dealer in the US and get the warranty. You should negotiate the price just like you may do with a car (although perhaps not with the GX the way its going).
Jan 14, 2003 | 04:33 PM
  #3  
As a car dealer myself... I would ride out on the factory warranty until it is almost up then purchase an extended warranty... It REALLY is a waste of money on a NEW vehicle... plus you are paying interest on an inflated cost warranty...
Jan 15, 2003 | 12:17 AM
  #4  
Ron - I really think you should think about getting the new car after you give your lovin' sister a great deal on your old Lexus...
Jan 16, 2003 | 05:59 AM
  #5  
Get the extended warranty

The truck is a 1st year vehicle and who knows what could happen, the Torsen Center Differential is 4000 dollars to replace not to mention labor, if something happens with the down hill assist or hill start or the X-Reas stops working your gonna pay an arm and a leg

This truck has to many computers to go wrong, a minor problem could cost you a few hundred dollars just to diagnose the truck.

The truck already cost 55k so whats another grand, I paid 895 for my extended Warranty to cover me to 60k, I have a 4Runner
Jan 16, 2003 | 05:15 PM
  #6  
Quote:
Originally posted by EDGE2
Get the extended warranty

The truck is a 1st year vehicle and who knows what could happen, the Torsen Center Differential is 4000 dollars to replace not to mention labor, if something happens with the down hill assist or hill start or the X-Reas stops working your gonna pay an arm and a leg

This truck has to many computers to go wrong, a minor problem could cost you a few hundred dollars just to diagnose the truck.

The truck already cost 55k so whats another grand, I paid 895 for my extended Warranty to cover me to 60k, I have a 4Runner
Trust me... purchase the warranty later on... As LONG AS your truck has NOT gone over the factory warr. you can add an extended warranty thru the dealer... Or better yet there's a few great companies to warrant your truck later...
Jan 16, 2003 | 09:08 PM
  #7  
If you want the extended warranty, you should defiantely buy it now. DO NOT "ride out" the factory warranty and then buy it because at that time it will cease being a new car warranty ( 7 years/100,000 miles) and become a used car warranty (specific guidelines on how long your warranty can be for, but not the same as a new car warranty). Also, the used car warranty is way more expensive. The good news is that there is no sales tax on warranties as it is a non-tangible item..... The good thing about getting a warranty is also that the warranty is transferable so if you sell the car, you can sell it to the buyer of your car. And should you trade in your Lexus for a newer model, some dealerships will refund the portion not used. All in all it's a win-win situation for you. Good luck.
Subscribe
story-0

2026 Lexus IS 350 F Sport Review: The Last of Its Kind Still Rocks

Slideshow: the 2026 IS 350 isn't all that new, and that's why we love it!

By Michael S. Palmer | 2026-06-04 14:35:23


VIEW MORE
story-1

Top 10 Most Confusing Things Lexus Has Ever Done!

Slideshow: 10 most confusing things Lexus has ever done.

By Joe Kucinski | 2026-06-04 09:40:55


VIEW MORE
story-2

2026 Lexus ES Review: Lexus Re-Embraces Founding Principles

Slideshow: Our First-Drive Review of the 2026 Lexus ES!

By Michael S. Palmer | 2026-05-29 20:30:16


VIEW MORE
story-3

10 Lexus Bargains That are Cheaper Than a New Toyota RAV4

Slideshow: 10 Lexus bargain that are cheaper than a new Toyota.

By Joe Kucinski | 2026-05-20 10:28:20


VIEW MORE
story-4

8 Weirdest Things Lexus Has Ever Built

Slideshow: From hoverboards to luxury yachts, these are the strangest projects Lexus has ever attached its badge to.

By Verdad Gallardo | 2026-05-16 11:34:36


VIEW MORE
story-5

10 Lexus Designs That Have Aged Like Fine Wine

Slideshow: Some luxury cars chase trends, but these Lexus models look better now than they did when they first rolled into showrooms.

By Verdad Gallardo | 2026-05-06 17:58:29


VIEW MORE
story-6

8 Tips for Improving Your Hybrid or Plug-in Hybrid's Efficiency!

Slideshow: How to Get the Best Fuel Economy with a Hybrid and Plug-In Hybrid!

By Michael S. Palmer | 2026-05-05 20:54:44


VIEW MORE
story-7

10 Best Lexus Models No One Remembers

Slideshow: 10 best Lexus models no one remembers.

By Joe Kucinski | 2026-05-05 17:33:28


VIEW MORE
story-8

TRD Off-Road Premium: Best 2026 4Runner, Except This One Thing

Slideshow: diving into 4Runner TRD Off-Road Premium's pricing, performance, fuel economy, features, and amenities!

By Michael S. Palmer | 2026-04-23 13:09:18


VIEW MORE
story-9

Top 10 Lexus & Toyotas to Drive Before You Die!

Slideshow: the 10 Lexus and Toyota vehicles you need to drive before you die.

By Joe Kucinski | 2026-04-23 10:34:24


VIEW MORE