Hello CL community, I have been lurking here the past few months reading up on this awesome car I just purchased. This is my third Lexus, the previous two being 1990 and 1992 LS400s.


My 2012 SWB LS 460 (70k) is out of factory warranty but the credit union offers Route66 EasyStreet coverage for around $2000, 4yr/48k including electronics protection package.


It seems like a good deal but also possibly unnecessary.. this is a 2012. Are there any known issues left by 2012? The brake accumulator, control arms, ML amplifier issues are all corrected by this year model if I've read this forum correctly. What would you do?

 

I purchased the Lexus factory extended warranty for my CPO 2012 LS for peace of mind on this well made complicated car that has a lot of expensive parts.... One major problem and the warranty pays for itself.
I would only purchase a Lexus factory warranty instead of the credit union warranty because you never know what can happen to the car when you are 1000 miles away from home on Easy Street or Route 66...... Lexus dealers are everywhere.

 

I would definitely purchase the extended warranty.

 

Unfortunately my car wasn't CPO (I bought it from a Mercedes dealer) and already has 70k miles so it isn't eligible for a Lexus warranty. Third-party is my only option.

 

I purchased a third party extended warranty before, it doesn't cover as much as a CPO. I'd pass on it.

 

I've never purchased an extended warranty and have never regretted it. Even after $3,000 in total repairs over 10 years on my LS430

 

Look at what the warranty covers and exemptions or restrictions. If everything looks good for you, I'd say go for it. At the end of the day, 1 or 2 repairs later and the warranty would have paid for itself. It's all up to you and if you feel it's worth it for you. There are people that feel it's not worth it and then there are some that do. We can only tell you our experiences and you decide if you're going to pull the trigger or not.
And to what @Chuckinnj was saying, most aftermarket warranties don't care which Lexus dealer you take your car to. In fact they really don't mind if you go to an Indy. The only thing is you want to make sure that your warranty will cover the tow, lodging, and other expenses if your car breaks down a pretty significant distance away from home. I know mine does, so I have that extra peace of mind.

 

Quote:

Paragraph I - PARTS EASY STREET - FACTORY TYPE COVERAGE

Seems to me the things that are covered have a very low likelihood of failing on this car. I have 30 days to decide whether to buy the warranty or not at the quoted rate. If it was CPO that's another story.. do CPO's cover body parts or interior trim pieces? Would a CPO cover the glove compartment? I called Route66 and they said the glove box is not covered by their warranty.

 

Unless you have some particular concerns about what may be a future issue with the vehicle I wouldn't do it. I've lost money on almost every extended warranty I've ever purchased, the most money wasted on one for my LS 430 after I purchased it following my four-year lease.

Never again!

 

Oh wow. It's missing a lot of the electronics and stuff that you'd actually want covered. I'd say shop around first and see if you can find one that covers a lot more than that.
CPO might cover interior trim pieces but wouldn't cover the body. So I'm not sure if it would cover the glove box or not. I know my [aftermarket] warranty covers everything except maintenance items and body/cosmetic pieces. I don't think interior trim pieces are covered either since they're considered "cosmetic". They'd only get replaced if they were part of a covered failed component.

 

First, Route 66 is a good company. Tried them before and they covered $2800 worth of work on my previous 460.

Only problem is, standard Route66 warranty does not cover your NAV, sound system and may be other high end electronics in your car. However some CUs sell electronics package that will add about $300 to your premium.

$2600 is one repair for your LS460.

So far, I used Lexus extended warranties twice: once to cover water pump and lumbar support ($2800) and the other for the brake actuator ($3200).

If you are planning to keep the car for long time, I would consider the warranty.

 

Wow. So much for Lexus's "legendary reliability ratings". That's not comforting to hear considering I just dropped ~ $70k on a '15 LS FSport

 

AustinHusk,


This should be comforting to you:

 

This is a long standing argument and fodder for discussion here at CL and any other forum.

It really comes down to whether to purchase peace-of-mind.

Aftermarket "warranties" are simply insurance policies. As most consumer publications, etc state, they are seldom worth purchasing. Even more so for vehicles known to be reliable. like a Lexus.

I don't buy warranties and declined the offer for one on my LS when I bought it. I now have well over 100k miles on my 08 and would be out of pocket several thousand dollars if I had purchased the warranty. A water pump is all I've replaced so far. I repaired it myself in a couple of hours and 100 dollars in parts. Even control arms will still cost you less than a G note using aftermarket and an independent repair shop.

Ever wonder why dealers spend more time trying to sell you a warranty than they do selling you the car? Because it's a MAJOR money maker for the dealership and warranty company. Same when you buy a radio, printer, etc at your local electronics store..... 5 minutes selling you the item and 10 minutes trying to convince you to buy a warranty.

 

What's also sad is that these extended warranties are offered at the very end of the purchase process, it's a "tack on" which will go on top of the agreed purchase price. A scare tactic to get more money from you, BEFORE you sign on the dotted line.

I mean, really...it's a LEXUS! Not a Yugo.