Extended warranty?
Intermediate
Joined: Mar 2014
Posts: 350
Likes: 10
From: MN
I've never bought an extended warranty in my life, and never regretted it. Most thing that will go bad will go bad early-on, or when the car is very old. Not the middle years were an extended warrant would help.
Driver
Joined: Dec 2016
Posts: 74
Likes: 4
From: CA
My 2016 IS 350 is coming off lease and I will likely just purchase it. I have had no issues with it. About 39k miles, serviced at every interval. I asked about an extended warranty. Dealer wanted $4,300 for 8 yr/100k. I said nfw. I'll take my chances.
Instructor
Joined: Jan 2019
Posts: 853
Likes: 175
From: Ontario
i think in Canada it’s appriximatly 3500$ for 8 year/140k..before negotiations. A guy on this forum with a 2015 and 60k Miles said his front diff seal went, navigation unit, heated seat and something else. Personally at 40k my blower motor for the hvac unit went (800$ fix covered under warranty). The thing is I have horrible, horrible luck so i think for peace of mind I might just get the warranty. Better safe then sorry and I drive about 30,000km a year.
Instructor
Joined: Jan 2019
Posts: 853
Likes: 175
From: Ontario
I’m awd in Canada. I have 3 months before 4 year warranty is done, going to start calling and haggling every dealer in my province and see what price I can get. Will report back here.
Pole Position
Joined: Aug 2012
Posts: 291
Likes: 8
From: Florida
My first Lexus was a CPO. And I took it back once after the original warranty expired. My first new Lexus also went back twice using my extended warranty. The entertainment unit went bad and a pillar airbag was bad.
My current Lexus is another CPO and has a year left of warranty. And it has been in the shop numerous times since I bought it. And it needs to go back again for a bad carrier bearing.
If you plan on keeping the car after the original warranty get the extended warranty.
It costs around 750 to 1000 dollars for a couple years. Which you will get back with one big repair.
My current Lexus is another CPO and has a year left of warranty. And it has been in the shop numerous times since I bought it. And it needs to go back again for a bad carrier bearing.
If you plan on keeping the car after the original warranty get the extended warranty.
It costs around 750 to 1000 dollars for a couple years. Which you will get back with one big repair.
Last edited by ISFWes; Jan 31, 2019 at 05:08 PM.
Instructor
Joined: Jan 2019
Posts: 853
Likes: 175
From: Ontario
My first Lexus was a CPO. And I took it back once after the original warranty expired. My first new Lexus also went back twice using my extended warranty. The entertainment unit went bad and a pillar airbag was bad.
My current Lexus is another CPO and has a year left of warranty. And it has been in the shop numerous times since I bought it. And it needs to go back again for a bad carrier bearing.
If you plan on keeping the car after the original warranty get the extended warranty.
It costs around 750 to 1000 dollars. Which you will get back with one big repair.
My current Lexus is another CPO and has a year left of warranty. And it has been in the shop numerous times since I bought it. And it needs to go back again for a bad carrier bearing.
If you plan on keeping the car after the original warranty get the extended warranty.
It costs around 750 to 1000 dollars. Which you will get back with one big repair.
i figure the nav unit alone is like 2500$ plus labor to replace, gauge cluster is 2300$ just in parts. All the other random little stuff could add up to over the time I have it. I have 3 1/2 months to buy it, I’m going to literally call every dealer in my province I hope I can get it for more like 2500-3000$ because 3900 after tax is steep.
Instructor
Joined: Jan 2019
Posts: 853
Likes: 175
From: Ontario
with all the hybrid technology coming out I’ll probably keep it 3 more years or so. Ive also read 2 different forums where the nav units went right after warranty..in Canada that’s like a 3k repair. Did u get Lexus warranty?
Why dealerships sell 3rd party warranties is because there's more commission than the factory extended warranty. So far I've only had an O2 sensor replaced under extended warranty on my 2014 is350, had the Nav screen replaced but was still in warranty. At this point i don't think the extended warranty is worth it, since these cars are pretty reliable and at $3500 for my extended warranty a big ticket item must go to make me happy.
Instructor
Joined: Jan 2019
Posts: 853
Likes: 175
From: Ontario
Why dealerships sell 3rd party warranties is because there's more commission than the factory extended warranty. So far I've only had an O2 sensor replaced under extended warranty on my 2014 is350, had the Nav screen replaced but was still in warranty. At this point i don't think the extended warranty is worth it, since these cars are pretty reliable and at $3500 for my extended warranty a big ticket item must go to make me happy.