Extended Warranty Question
#1
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Extended Warranty Question
We are getting a used IS350 that is 3 years old and only has 13K miles. I am told that we can buy the Lexus extended warranty from the dealer for the car. Any idea what these run? Do different dealers charge different amounts - or are these one price.
Thanks,
Dave
Thanks,
Dave
#3
So another word, the mark up cost for the warranty vary from dealer to dealer. So if you bought the car used from a Lexus Dealer, probably try to get a deal on extend warranty from that dealer.
When i bought my car, the saleman/finance person try to sell items, but i decline. So ultimately, he slash 50% off on all the price, but i still say no.
When i bought my car, the saleman/finance person try to sell items, but i decline. So ultimately, he slash 50% off on all the price, but i still say no.
#4
Yes. I drove the LFA.
iTrader: (9)
So another word, the mark up cost for the warranty vary from dealer to dealer. So if you bought the car used from a Lexus Dealer, probably try to get a deal on extend warranty from that dealer.
When i bought my car, the saleman/finance person try to sell items, but i decline. So ultimately, he slash 50% off on all the price, but i still say no.
When i bought my car, the saleman/finance person try to sell items, but i decline. So ultimately, he slash 50% off on all the price, but i still say no.
#5
I'd be concerned with cost but weigh that against the product. I had two dealers try and sell me "non-brand" warranties. By that I meant I bought a Nissan and Acura and they tried to sell me generic warranties NOT backed by the brand I bought. BE CAREFUL that it truly is a "Lexus" warranty. I had to ASK for the branded warranty. The Nissan dealer confessed to me they are "pushed" to promote non-brand as profit is better.
Expect to pay based on the level of coverage and as other mentioned depends on area your purchasing in, call a few dealers for quotes.
Expect to pay based on the level of coverage and as other mentioned depends on area your purchasing in, call a few dealers for quotes.
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#8
Definitely go with a "brand" waranty. Had a non-BMW extended warranty on our 740i, was a pain to get anything done on it. Always had to get the work done before they would approve a warranty payout. Friend had a 740i with the BMW warranty, and never had a problem finding out if something would be paid for before he authorized a repair.
#9
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I deal with a lot of aftermarket warranty companies. Some are good, some not so much. I always cringe when a customer walks in with their warranty paperwork... Just the other day, a customer had a leaky radiator (was leaking transmission fluid from the trans cooler portion of it). Thinking that would definitely be a covered repair, I just called without reading his warranty book... Turns out the water pump, thermostat and everything else in the cooling system is covered except the radiator and hoses. I can understand hoses not being covered on a vehicle with higher mileage, but a radiator... that sucks...
Now, $260 for a warranty sounds real cheap. Most warranties that I get to see what the customer paid for cost between $1200 and $3000, depending on the car and coverage.... $260 sounds real low...
Now, $260 for a warranty sounds real cheap. Most warranties that I get to see what the customer paid for cost between $1200 and $3000, depending on the car and coverage.... $260 sounds real low...
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