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My 2002 GS300 now has 48500 miles and I have a dillema about getting extended warranty. I believe it will cost around $1500 through Lexus dealer. While it will buy some peace of mind, I may like to replace the car in the next 12-18 months. What happens to the unused extended warranty cost- do they refund it based on pro-rata ? Or I should just take my chances and not bother. Any advice based on experience will be appreciated.

Posted

My 2002 GS300 now has 48500 miles and I have a dillema about getting extended warranty. I believe it will cost around $1500 through Lexus dealer. While it will buy some peace of mind, I may like to replace the car in the next 12-18 months. What happens to the unused extended warranty cost- do they refund it based on pro-rata ? Or I should just take my chances and not bother. Any advice based on experience will be appreciated.

I do not think that they will refund you any money...but if you sell outright you may be able to transfer the warranty to the new owner.

I do not think that I would bother spending 1,500 on the extended warranty if I was thinking about getting rid of the car in next year... :unsure:

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