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Extended Warranties - need advise

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Old Jan 21, 2010 | 07:20 AM
  #1  
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Vladyxa
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Default Extended Warranties - need advise

Hi All!

Recently I bought 2002 LX470 with 90K miles on it.

Do I need to think about getting extended warranty?

Any advise on what to look for, and may be someone can recommend company that sells them. Or companies to avoid.

Thank you.
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Old Jan 21, 2010 | 09:28 AM
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I've never dealt with one that was easy to deal with... my only advice if you choose to pursue that route is to read the fine print...

Honestly, I think you are better off taking whatever it would cost and putting it into an account of some sort that earns at least a little interest... don't touch the money unless you have a repair that needs to be made... I'm not talking maintenance, (like spark plugs, oil changes, etc), but outright repairs...

I can't think of any big money repairs that could need to be done on that vehicle over the course of the warranty lifespan that would cost more than the warranty itself...
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