peeam Posted May 5, 2006 Posted May 5, 2006 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.
LEXIRX330 Posted May 5, 2006 Posted May 5, 2006 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...
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