GX - 1st Gen (2004-2009) Discussion topics related to the 2003 -2009 GX470 models

extended warranty on 2004 GX470?

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Old 11-22-14, 05:59 PM
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dawgcatchr
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Default extended warranty on 2004 GX470?

Hi all,

Just purchased a 2004 GX470 from the Lexus dealer; one owner car, all services up to date, car was babied and just gone through, 125k miles. They offered me a 2/24k extended warranty that is most everything except electronics for $1600.

What are your thoughts? In general, I try to steer clear of these warranties, but $800/year sounds really cheap on a 10-year old car. I am used to BMW warranties being $1500/year after 60k miles on something like an X5, you can't even get a warranty on a car this old.

Are GX470's just that reliable? Usually extended warranties sold at reputable dealers tend to pay up in normal circumstances. But I will pocket the $1600 if it is a waste of money.

Super impressed with the car! You would never guess it has 125k miles and is 10 years old. Only thing it is missing is a backup cam! The stereo is audiophile quality, it sounds 7/10 as good as my very good 2-channel setup at home. I was a BMW guy, but the combination of reputational reliability and lack of depreciation has me pretty much sold. Not to mention that all of these cars are one-owner cars. Most BMW's are leased and are not as well taken care of.

And $15,500 seemed like a very reasonable price for such a well kept car that was fully loaded with every option.
Old 11-22-14, 06:25 PM
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jpnut
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If you have the means, go for it. Within 2 months and 800 miles after acquisition of '03 87k miles GX, I have spent $1400 out of pocket already.

Last edited by jpnut; 11-23-14 at 10:24 AM.
Old 11-22-14, 06:51 PM
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shyguyF
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Originally Posted by jpnut
If you have the means, go for it. Within in 2 months and 800 miles after acquisition of '03 87k miles GX, I have spent $1400 out of pocket already.
What happen to your truck that took $1400 from your wallet in just 2 months ?
Old 11-22-14, 08:45 PM
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Bob GX
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Just a suggestion - if you decide to go with the warranty try & find one that covers also the electronic & 'technology' items not just the the engine & drivetrain, etc. There's as much cost risk for those items as the mechanical stuff. You can always shop around for non-dealer places to do mechanical work but most of the elctronic items are dealer only & can be expensive. And the GX has a lot of electronic/luxury items!
Old 11-23-14, 12:03 AM
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jpnut
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Originally Posted by shyguyF
What happen to your truck that took $1400 from your wallet in just 2 months ?
Even though the car was meticulously inspected by reputable indie garage, the air suspension went nuts. Remove/replace air compressor and then 1 month later the air bag. I am sure some sensors will go bad sooner or later.
Old 11-23-14, 05:34 AM
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sprocket
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Originally Posted by Bob GX
Just a suggestion - if you decide to go with the warranty try & find one that covers also the electronic & 'technology' items not just the the engine & drivetrain, etc. There's as much cost risk for those items as the mechanical stuff. You can always shop around for non-dealer places to do mechanical work but most of the elctronic items are dealer only & can be expensive. And the GX has a lot of electronic/luxury items!
I agree with this post. You are more likely to have an issue involving the rear suspension, CV axles, radiator, electronics, etc. than an engine issue.
Old 09-15-16, 05:03 AM
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lextout
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trust me you'll miss the 30HP, VVT, and a 5 speed automatic from a 98-2000
Old 09-15-16, 05:51 AM
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chiph9
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You realize you replied to an almost 2-year old post, with info that isn't applicable to the GX?

Chip H.
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