Notices
IS - 2nd Gen (2006-2013) Discussion about the 2006+ model IS models

Extended Warranty Worth it?

Thread Tools
 
Search this Thread
 
Old Sep 3, 2009 | 09:27 AM
  #16  
IS-SV's Avatar
IS-SV
Lexus Fanatic
 
Joined: Nov 2008
Posts: 14,100
Likes: 1
From: tech capital
Default

Originally Posted by wuzzy
dont get it
Agreed, don't bother. Selection of the right used Lexus is more important.
Reply
Old Sep 3, 2009 | 10:04 AM
  #17  
thelonald's Avatar
thelonald
Driver School Candidate
 
Joined: Jul 2009
Posts: 3
Likes: 0
From: Florida
Smile

I am a new member with my first post, I traded in a 2001 BMW and traded in for a 2009 IS 250 about 3 months ago I was very active on the BMW forums. If it was not for the BMW forums with actual service technicians answering member problems I would not have been able to afford it. I did all the repairs myself for 8 years.
For years issues with window regulator have plaqued BMW's. Sensors, Water Pumps, Cracked Radiators. I could go on. It was well known on the forum if you want performance buy a BMW if you want reliability buy a Japanese Car.

I have been monitoring this forum for a few months and this is the first negative thing I have found for the IS and it does not seem so bad.

Anyway looking forward to the Club Lexus Forum!!
Reply
Old Sep 3, 2009 | 11:37 AM
  #18  
Kurtz's Avatar
Kurtz
Lexus Fanatic
iTrader: (1)
 
Joined: Aug 2007
Posts: 7,810
Likes: 14
From: NC
Default

I'm not buying an extended warranty for my IS350 because I expect the engine to fail.

I'm buying it because Lexus parts are STUPID expensive and I think there's a reasonable chance I'll have something like my ML sub fail, or one or more of the hundred other complex and crazy expensive items on the car.

Especially given that in many cases I've seen someone ask "How do I get part X for my 2IS?" and the response has come "They don't sell that part by itself, to save money in manufacturing it's all one big part now so you have to buy complete assembly Y that costs $1800"


Hence dropping 1300-1400 for an extra 3 years of coverage, when it's fairly likely even using it once will break me even, is fairly cheap peace of mind.
Reply
Old Sep 3, 2009 | 12:41 PM
  #19  
CRB's Avatar
CRB
Lead Lap
 
Joined: Jan 2004
Posts: 654
Likes: 0
From: California
Default

On average it's a money loser for the customer. But, if your NAV system takes a dump when you're under one, then you end up smelling like a rose.
Reply
Old Sep 3, 2009 | 07:36 PM
  #20  
sktn77a's Avatar
sktn77a
Lead Lap
20 Year Member
Photogenic
Liked
Loved
iTrader: (2)
 
Joined: Oct 2002
Posts: 4,863
Likes: 408
From: Chapel Hill, NC
Default

Originally Posted by evotwelve
I am in the market for a used 2IS, I have found some that are still under the factory warranty but the warranty will not last for the length of time that I want the car for. I was wonder if anyone has had any issue with there 2IS over 40k miles and if getting a extended warranty is worth getting from the dealer. Thank you for your time and answers.
Don't get an aftermarket extended warranty - I have been burned twice: 1sourceautowarranty went belly up after 1 year and equigard went belly up a week after I got my policy statement - over $1200 down the crapper! I have a Lexus Platinum warranty on my 2008 IS250 - got it for just over cost when I bought the car new. If you can get the 7 year 100,000 mile warranty for $1400 from http://www.toyotaofgreenfield.com/ , I'd get it.
Reply
Old Sep 3, 2009 | 10:37 PM
  #21  
evotwelve's Avatar
evotwelve
Thread Starter
Driver School Candidate
 
Joined: Aug 2009
Posts: 12
Likes: 0
From: ca
Default

Thanks for all your guys answer, i will keep everything in mind this weekend, when i go to the dealers. Thanks again.
Reply
Old Sep 3, 2009 | 10:54 PM
  #22  
tC_demon's Avatar
tC_demon
Pole Position
 
Joined: Apr 2007
Posts: 384
Likes: 0
From: CA
Default

Yeah no on the aftermarket warranty...my sister got it throught her credit union when she bought her Scion...may be cheaper than OEM but it covers less...way less. It doesn't cover any audio components, and her AUX input crapped out so she is SOL...I told her wouldn't had happened if she bought the warranty from Toyota...I would recommend the extended warranty if you plan to keep your car for more than 5 years, (i don't want to keep paying for a car that something is wrong with) or if you have all the extra features Navi, parking sensors, headlight washers...It's really worth the extra 1400 for the warranty from Lexus...PS i just got the Navi update v9.1 free under the warranty.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
LizSK
ES - 1st to 6th Gen (1990-2018)
33
Sep 3, 2020 07:26 PM
GS4TEK
GS - 3rd Gen (2006-2011)
21
Apr 21, 2016 03:13 AM
babaganoos
RX - 3rd Gen (2010-2015)
11
Oct 30, 2013 09:21 AM
SpeyRod
CT 200h Model (2011-2017)
28
Jan 22, 2013 09:59 AM
panda327
IS - 2nd Gen (2006-2013)
7
Aug 22, 2010 07:01 PM




All times are GMT -7. The time now is 01:09 PM.