Extended Care Plan
Thread Starter
Driver School Candidate
Joined: Jul 2009
Posts: 10
Likes: 0
From: Main
Extended Care Plan
Hi,
In your opinion : is it worth buying the ECP from Lexus?
I have a LS 460: it has a 4 year year 50,000 mile warrany (I am sure most of you know this already).
The sales man is suggesting to purchase a 96 month: 100,000 mile extended care plan.
Any advice is welcome.
-First time new car buyer.
2009 LS 460 AWD
In your opinion : is it worth buying the ECP from Lexus?
I have a LS 460: it has a 4 year year 50,000 mile warrany (I am sure most of you know this already).
The sales man is suggesting to purchase a 96 month: 100,000 mile extended care plan.
Any advice is welcome.
-First time new car buyer.
2009 LS 460 AWD
Driver School Candidate
Joined: Feb 2009
Posts: 12
Likes: 1
From: Wisconsin
Hi,
In your opinion : is it worth buying the ECP from Lexus?
I have a LS 460: it has a 4 year year 50,000 mile warrany (I am sure most of you know this already).
The sales man is suggesting to purchase a 96 month: 100,000 mile extended care plan.
Any advice is welcome.
-First time new car buyer.
2009 LS 460 AWD
In your opinion : is it worth buying the ECP from Lexus?
I have a LS 460: it has a 4 year year 50,000 mile warrany (I am sure most of you know this already).
The sales man is suggesting to purchase a 96 month: 100,000 mile extended care plan.
Any advice is welcome.
-First time new car buyer.
2009 LS 460 AWD
Lead Lap
Joined: Feb 2002
Posts: 446
Likes: 1
From: Golden, CO
Agreed, the extended warranty prices are VERY negotiable.
On my new '08 I got the $0 deductible, Platinum, YW7, 7 year/75,000 mile plan for $2040.
Might have done better, but they gave me a bunch of stuff so I decided not to push it, and we don't put that many miles on the car in a year anyway.
Whit
On my new '08 I got the $0 deductible, Platinum, YW7, 7 year/75,000 mile plan for $2040.
Might have done better, but they gave me a bunch of stuff so I decided not to push it, and we don't put that many miles on the car in a year anyway.
Whit
You can also call your insurance company and see if they offer extended warrnaties
We have (and until September) Geico and for an extra few bucks a month they offer an "extended" warranty
Of course with all extra warranty's you have to be careful as to what is covered, who agrees to pay what labor costs and how much time certain replacements take, not every company/book agrees with another
We had lots of headache with an aftermarket warranty for my dads SL500, the shop would say one thing and the warranty company would only offer another, many headaches
We have (and until September) Geico and for an extra few bucks a month they offer an "extended" warranty
Of course with all extra warranty's you have to be careful as to what is covered, who agrees to pay what labor costs and how much time certain replacements take, not every company/book agrees with another
We had lots of headache with an aftermarket warranty for my dads SL500, the shop would say one thing and the warranty company would only offer another, many headaches
Trending Topics
Lead Lap
Joined: Jun 2008
Posts: 742
Likes: 5
From: Lexus Town, USA
I'm sure the salesman is trying to get you to cave in and go with a 96 month/100k mile warranty....because he will make an extra $400 off you and the dealer will make even more. Dealers don't sell extended warranty plans because they are loosing money on them. This a cash cow business and the house always wins. You are betting against the most reliable car on the market and chances are you will loose. Ride out the factory warranty and if the car is falling apart at the end of the factory warranty period then go ahead and shop around for an extended warranty (which ANY dealer can sell you or any aftermarket provider can sell you).
ClubLexus Stories
Celebrating Lexus & Toyota from Around the Globe
8 Tips for Improving Your Hybrid or Plug-in Hybrid's Efficiency!
Michael S. Palmer
10 Best Lexus Models No One Remembers
Joe Kucinski
TRD Off-Road Premium: Best 2026 4Runner, Except This One Thing
Michael S. Palmer
Top 10 Lexus & Toyotas to Drive Before You Die!
Joe Kucinski
Top 10 Lexus/Toyotas With The LEAST 5-Year Depreciation
Joe Kucinski
Lexus LC500 Convertible Auction: A Preview of Rising Values?
Brett Foote
GX 550 vs TX 550: Best 3-Row Luxury Lexus Family Hauler
Michael S. Palmer
9 Best Lexus Models You Can Buy for Half Price (And 1 You Shouldn't!)
Joe Kucinski
2026 Lexus NX Buyer's Guide: Models, Features, Prices & More!
Brett Foote
Pole Position
Joined: Oct 2002
Posts: 3,067
Likes: 456
From: Pennsylvania
I'm sure the salesman is trying to get you to cave in and go with a 96 month/100k mile warranty....because he will make an extra $400 off you and the dealer will make even more. Dealers don't sell extended warranty plans because they are loosing money on them. This a cash cow business and the house always wins. You are betting against the most reliable car on the market and chances are you will loose. Ride out the factory warranty and if the car is falling apart at the end of the factory warranty period then go ahead and shop around for an extended warranty (which ANY dealer can sell you or any aftermarket provider can sell you).
CL Community Team
Joined: Mar 2007
Posts: 4,264
Likes: 481
From: MA
In your opinion : is it worth buying the ECP from Lexus?
I guess it really depends on your own risk tolerance. If you feel uncomfortable without the extended protection, then the extra money is worth the peace of mind it gives you. If you are more prone to games of chance, then roll the dice and go without it.
I'm somewhat of a risk taker, but the main reason I won't buy extended coverage is the car is so darn reliable. Now if I had bought a Mercedes S550 ..........
Also, I agree that their price is high. I'm sure you could negotiate a better deal, or shop around.
I guess it really depends on your own risk tolerance. If you feel uncomfortable without the extended protection, then the extra money is worth the peace of mind it gives you. If you are more prone to games of chance, then roll the dice and go without it.
I'm somewhat of a risk taker, but the main reason I won't buy extended coverage is the car is so darn reliable. Now if I had bought a Mercedes S550 ..........
Also, I agree that their price is high. I'm sure you could negotiate a better deal, or shop around.
Driver School Candidate
Joined: Feb 2007
Posts: 20
Likes: 0
From: California
I bought my ls last december and paid $2k for 2 additional years of warrant or to 70k miles (i think) whichever comes first. The great deals is that if I don't use any warranty service, I will get the $2k back. Additionally, I get free maintenance for the first 2 years for $1. I think this is a great deal.
Driver School Candidate
Joined: Feb 2007
Posts: 20
Likes: 0
From: California
Glendale Lexus. I forget what the mileage is when the ext. warranty expires. But I know it is an additional 2 year warranty. Great deal considering the current interest rate. Plus you get your money back after 6 years if you didn't use the warranty.
Thread
Thread Starter
Forum
Replies
Last Post
drjohkent
LS - 4th Gen (2007-2017)
16
Apr 15, 2016 01:34 PM
Rhaines
LS - 4th Gen (2007-2017)
4
Jan 27, 2014 08:53 PM
