Lexus extended warranty?
Anyone get extended warranty? Worth it? I believe there are two packages, gold and extra platinum. I'm also considering getting extended warranty through a bank.
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I had it on both my RX and 2IS. I have used it on both and I have gotten my money's worth back 2 fold. When I sold my RX it was easier to sell because there was a warranty with it that I could transfer. Also, if the buyer didn't want it Lexus would refund it but at a pro-rated rate.i I got mine from a guy in Louisiana at Lexus. I purchased is over the phone because he beat all other Lexus dealer's prices. Do a search on this site and you'll find his information.
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I have lexus extended warranties on my cars. i also had an lexus extended warranty on my 2IS and it paid for itself and then some in warranty repairs.
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Questions on the Extended Warranties (or Vehicle Service Agreements, as Lexus calls them).
What terms are available? I am interested in the Platinum warranty. I looked on the Lexus Financial Services website and they do not list the term lengths available, nor do they list the cost. I have owned many Toyotas and one previous Lexus. I know Toyota is now offering a Toyota Platinum Zero deductible term of up to 10 years and 125,000 miles on a new vehicle. Does Lexus offer the same terms? Also - are they available for purchase by other dealers, or do you have to purchase from the selling dealer? |
Originally Posted by btanchors
(Post 9826764)
Questions on the Extended Warranties (or Vehicle Service Agreements, as Lexus calls them).
What terms are available? I am interested in the Platinum warranty. I looked on the Lexus Financial Services website and they do not list the term lengths available, nor do they list the cost. I have owned many Toyotas and one previous Lexus. I know Toyota is now offering a Toyota Platinum Zero deductible term of up to 10 years and 125,000 miles on a new vehicle. Does Lexus offer the same terms? Also - are they available for purchase by other dealers, or do you have to purchase from the selling dealer? |
I just got a quote from my dealer for 6yrs/100k miles and 7yrs/125k miles. Will most likely go with 7years! Pm if you want to know what I was quoted.
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Originally Posted by Jbreezie
(Post 9827116)
I just got a quote from my dealer for 6yrs/100k miles and 7yrs/125k miles. Will most likely go with 7years! Pm if you want to know what I was quoted.
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Do you have to purchase extended warranty at purchase, or will they let you buy it before your initial warranty expires?
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Originally Posted by anamynous
(Post 9887984)
Do you have to purchase extended warranty at purchase, or will they let you buy it before your initial warranty expires?
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Originally Posted by 600rr
(Post 9827315)
Why don't you just post the quote here?
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Originally Posted by Jbreezie
(Post 9825100)
Anyone get extended warranty? Worth it? I believe there are two packages, gold and extra platinum. I'm also considering getting extended warranty through a bank.
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I bought ext warranty from my local dealer only because I want my local dealer to support me better than 3rd party low ball companies and also knowing how much it costs to fix a lexus at a dealership from owning previous lexus vehicles...a nav unit can run 7k + if it fails
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FYI, they now offer up to 10 years and 125K miles from Toyota Financial Services.
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Just want to add that a Toyota VSA agreement can be bought anytime up to the 4 year/50K mile original factory warranty. The benefit of buying today would be prices may rise on the cost of the extended warranty. Also I highly agree to do some shopping there are a couple dealers who will online cheaper than most. The VSA can be bought from a Toyota or Lexus dealer as they are the same thing. Jerry from Midwest Toyota would be someone i recommend searching and talking to. Also Toby Rivers at Lexus of Shreveport. Finally if you do sell/trade your car you can turn in the unused portion of the warranty for $$$ back.
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Originally Posted by sarcoptic
(Post 9891224)
Just want to add that a Toyota VSA agreement can be bought anytime up to the 4 year/50K mile original factory warranty. The benefit of buying today would be prices may rise on the cost of the extended warranty. Also I highly agree to do some shopping there are a couple dealers who will online cheaper than most. The VSA can be bought from a Toyota or Lexus dealer as they are the same thing. Jerry from Midwest Toyota would be someone i recommend searching and talking to. Also Toby Rivers at Lexus of Shreveport. Finally if you do sell/trade your car you can turn in the unused portion of the warranty for $$$ back.
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