Jump to content

Extended Warranty Or Not?


ExM3er

Recommended Posts

I've just bought an 2008 IS350 with nav. I'm considering buying an extended warranty.

Let's hear some opinions wether or not this is a wise choice and how many years and mileage.

Link to comment
Share on other sites

Extended warranties Are basically just insurance against repairs. The Lexus is very reliable, I don't know if I would spring for one.

Is that the official response?

Link to comment
Share on other sites

We bought the extended warrany and technical warranty only because last time we did that one week before the extended warranty expired our car came up with a huge repair bill that was covered except for the 100.00 deductable. It also included a rental car. The repair bill covered far exceeded the purchase price of the coverage. It's like Vegas...you may never need it...but we rolled the dice last time and glad we came out ahead. Really most experts will tell you not to get it. However GAP insurance is a must. If you total your Lexus this fills the gap between whaty you may owe and what your Car Insurance is willing to cover.

Link to comment
Share on other sites

This is a volunter site and not owned by Lexus or any other company. Therefore, there is no such thing as an "offficial" answer or reply.

If you like the thought of not having any large exspensive suprises in the future, then I would recommend the extened warranty. If exspense is not a concern, forget the warranty,

Paul

Link to comment
Share on other sites

  • 1 month later...

Hello Folks,

I am a newbie and just bought a new Lexus. Just wondering if it's wise to buy the extended warranty right now or wait till my current warranty expires. Also, the dealership where I bought my car also got me to buy the Lexus Scheduled Maintenance package which is 5 years or 50K miles for almost $2000. Is that any good? Please share your opinion. Thanks!

Link to comment
Share on other sites

Hello Folks,

I am a newbie and just bought a new Lexus. Just wondering if it's wise to buy the extended warranty right now or wait till my current warranty expires. Also, the dealership where I bought my car also got me to buy the Lexus Scheduled Maintenance package which is 5 years or 50K miles for almost $2000. Is that any good? Please share your opinion. Thanks!

And I've got this bridge in Brooklyn I would like to sell to you. You could charge tolls for people to drive over it ...........................

Can you get a refund on that "Scheduled Maintenance package" and cancel that bull$#!+?

Link to comment
Share on other sites

Hello Folks,

I am a newbie and just bought a new Lexus. Just wondering if it's wise to buy the extended warranty right now or wait till my current warranty expires. Also, the dealership where I bought my car also got me to buy the Lexus Scheduled Maintenance package which is 5 years or 50K miles for almost $2000. Is that any good? Please share your opinion. Thanks!

so that works out to $200 per oil change....What exactly does the scheduled maintenance cover other than the oil changes...Do it cover brake fluid changes, coolant changes etc? If not you go ripped.

Link to comment
Share on other sites

I checked the catalog and also asked my sales guy about that and they said that it only covers the regular oil changes, clean cabin/air condition filters, rotate tires, it does replace brake fluid for the 30K only basically the Lexus factory recommended service schedule. Somewhere in the forumn I read that this can be canceled for a full refund within 30 days. Have to try this today.

Link to comment
Share on other sites

I checked the catalog and also asked my sales guy about that and they said that it only covers the regular oil changes, clean cabin/air condition filters, rotate tires, it does replace brake fluid for the 30K only basically the Lexus factory recommended service schedule. Somewhere in the forumn I read that this can be canceled for a full refund within 30 days. Have to try this today.

When I bought my new ES350 in February 2012, I sprung for the Extended Warranty. Then I went home and read it....egad, the exclusions turned it into a 50,000 mile warranty. Already got that with the car! Cancelled, got my money back, never shed a tear.

I drove my first two Lexi to 80,000 miles....only problem was that the ashtrays got full. Solved that by quitting the cancer sticks. :)

You can waste your resources any way you want....hey, I almost did!

Link to comment
Share on other sites

So folks, I listened to all of you and also did some research and finally went to the dealership last weekend and got my Prepaid scheduled maintenance plan canceled. It seems like we have 60 days from the purchase date to cancel it. They are going to return the money to the loan as a payment.

It's interesting to know that the dealer initially said $2400 for this 5 yrs 50K maintenance plan and then reduced it to $1895; I got a quote from one of the dealers online from this website for $1625. Thanks for pointing me in the right direction everyone!!!

Link to comment
Share on other sites

Hey Jim, i check 2 things when it comes to extend warranty. how much do you drive per year n how long are going to keep the car..If you are a hi-miler driver n plan on keeping the car for 5 yrs or more, extended warranty is your best investment...this will give you peace of mind n keep your hands clean...lol

Link to comment
Share on other sites

So folks, I listened to all of you and also did some research and finally went to the dealership last weekend and got my Prepaid scheduled maintenance plan canceled. It seems like we have 60 days from the purchase date to cancel it. They are going to return the money to the loan as a payment.

It's interesting to know that the dealer initially said $2400 for this 5 yrs 50K maintenance plan and then reduced it to $1895; I got a quote from one of the dealers online from this website for $1625. Thanks for pointing me in the right direction everyone!!!

Glad to be of help. As they say at Chick-Fil-A, "My pleasure!"

Link to comment
Share on other sites

So folks, I listened to all of you and also did some research and finally went to the dealership last weekend and got my Prepaid scheduled maintenance plan canceled. It seems like we have 60 days from the purchase date to cancel it. They are going to return the money to the loan as a payment.

It's interesting to know that the dealer initially said $2400 for this 5 yrs 50K maintenance plan and then reduced it to $1895; I got a quote from one of the dealers online from this website for $1625. Thanks for pointing me in the right direction everyone!!!

Glad to be of help. As they say at Chick-Fil-A, "My pleasure!"

Is a Chick-Fil-A sandwich any good?

  • Like 1
Link to comment
Share on other sites

So folks, I listened to all of you and also did some research and finally went to the dealership last weekend and got my Prepaid scheduled maintenance plan canceled. It seems like we have 60 days from the purchase date to cancel it. They are going to return the money to the loan as a payment.

It's interesting to know that the dealer initially said $2400 for this 5 yrs 50K maintenance plan and then reduced it to $1895; I got a quote from one of the dealers online from this website for $1625. Thanks for pointing me in the right direction everyone!!!

Glad to be of help. As they say at Chick-Fil-A, "My pleasure!"

Is a Chick-Fil-A sandwich any good?

You betcha. Has the distinct, pleasant flavor of free enterprise with subtle overtones of freedom and respect ;)

Link to comment
Share on other sites


So folks, I listened to all of you and also did some research and finally went to the dealership last weekend and got my Prepaid scheduled maintenance plan canceled. It seems like we have 60 days from the purchase date to cancel it. They are going to return the money to the loan as a payment.

It's interesting to know that the dealer initially said $2400 for this 5 yrs 50K maintenance plan and then reduced it to $1895; I got a quote from one of the dealers online from this website for $1625. Thanks for pointing me in the right direction everyone!!!

Glad to be of help. As they say at Chick-Fil-A, "My pleasure!"

Is a Chick-Fil-A sandwich any good?

You betcha. Has the distinct, pleasant flavor of free enterprise with subtle overtones of freedom and respect ;)

And how does it taste? (Hopefully not like a paper political flyer that comes in the mail, lol).

Link to comment
Share on other sites

So folks, I listened to all of you and also did some research and finally went to the dealership last weekend and got my Prepaid scheduled maintenance plan canceled. It seems like we have 60 days from the purchase date to cancel it. They are going to return the money to the loan as a payment.

It's interesting to know that the dealer initially said $2400 for this 5 yrs 50K maintenance plan and then reduced it to $1895; I got a quote from one of the dealers online from this website for $1625. Thanks for pointing me in the right direction everyone!!!

Glad to be of help. As they say at Chick-Fil-A, "My pleasure!"

Is a Chick-Fil-A sandwich any good?

You betcha. Has the distinct, pleasant flavor of free enterprise with subtle overtones of freedom and respect ;)

And how does it taste? (Hopefully not like a paper political flyer that comes in the mail, lol).

Amazingly, one of the best chicken sandwiches I can find (and sorry about my flip remark before...it's rare to find somebody who asks literal questions anymore, so I got diverted into the politics).

Link to comment
Share on other sites

So folks, I listened to all of you and also did some research and finally went to the dealership last weekend and got my Prepaid scheduled maintenance plan canceled. It seems like we have 60 days from the purchase date to cancel it. They are going to return the money to the loan as a payment.

It's interesting to know that the dealer initially said $2400 for this 5 yrs 50K maintenance plan and then reduced it to $1895; I got a quote from one of the dealers online from this website for $1625. Thanks for pointing me in the right direction everyone!!!

Glad to be of help. As they say at Chick-Fil-A, "My pleasure!"

Is a Chick-Fil-A sandwich any good?

You betcha. Has the distinct, pleasant flavor of free enterprise with subtle overtones of freedom and respect ;)

And how does it taste? (Hopefully not like a paper political flyer that comes in the mail, lol).

Amazingly, one of the best chicken sandwiches I can find (and sorry about my flip remark before...it's rare to find somebody who asks literal questions anymore, so I got diverted into the politics).

No prob., thanks for taste-test results. I will try it.

Link to comment
Share on other sites

So folks, I listened to all of you and also did some research and finally went to the dealership last weekend and got my Prepaid scheduled maintenance plan canceled. It seems like we have 60 days from the purchase date to cancel it. They are going to return the money to the loan as a payment.

It's interesting to know that the dealer initially said $2400 for this 5 yrs 50K maintenance plan and then reduced it to $1895; I got a quote from one of the dealers online from this website for $1625. Thanks for pointing me in the right direction everyone!!!

Glad to be of help. As they say at Chick-Fil-A, "My pleasure!"

Is a Chick-Fil-A sandwich any good?

You betcha. Has the distinct, pleasant flavor of free enterprise with subtle overtones of freedom and respect ;)

And how does it taste? (Hopefully not like a paper political flyer that comes in the mail, lol).

Amazingly, one of the best chicken sandwiches I can find (and sorry about my flip remark before...it's rare to find somebody who asks literal questions anymore, so I got diverted into the politics).

WAY off topic here, but Wendy's Spicy Chicken Filet all the way for me!!

Link to comment
Share on other sites

  • 3 months later...

So folks, I listened to all of you and also did some research and finally went to the dealership last weekend and got my Prepaid scheduled maintenance plan canceled. It seems like we have 60 days from the purchase date to cancel it. They are going to return the money to the loan as a payment.

It's interesting to know that the dealer initially said $2400 for this 5 yrs 50K maintenance plan and then reduced it to $1895; I got a quote from one of the dealers online from this website for $1625. Thanks for pointing me in the right direction everyone!!!

Glad to be of help. As they say at Chick-Fil-A, "My pleasure!"

Is a Chick-Fil-A sandwich any good?

You betcha. Has the distinct, pleasant flavor of free enterprise with subtle overtones of freedom and respect wink.png

And how does it taste? (Hopefully not like a paper political flyer that comes in the mail, lol).

Amazingly, one of the best chicken sandwiches I can find (and sorry about my flip remark before...it's rare to find somebody who asks literal questions anymore, so I got diverted into the politics).

I've had the standard chicken sandwich 2 times and it was excellent! Thanks for the recommendation.

Link to comment
Share on other sites

So folks, I listened to all of you and also did some research and finally went to the dealership last weekend and got my Prepaid scheduled maintenance plan canceled. It seems like we have 60 days from the purchase date to cancel it. They are going to return the money to the loan as a payment.

It's interesting to know that the dealer initially said $2400 for this 5 yrs 50K maintenance plan and then reduced it to $1895; I got a quote from one of the dealers online from this website for $1625. Thanks for pointing me in the right direction everyone!!!

Glad to be of help. As they say at Chick-Fil-A, "My pleasure!"

Is a Chick-Fil-A sandwich any good?

You betcha. Has the distinct, pleasant flavor of free enterprise with subtle overtones of freedom and respect wink.png

And how does it taste? (Hopefully not like a paper political flyer that comes in the mail, lol).

Amazingly, one of the best chicken sandwiches I can find (and sorry about my flip remark before...it's rare to find somebody who asks literal questions anymore, so I got diverted into the politics).

I've had the standard chicken sandwich 2 times and it was excellent! Thanks for the recommendation.

btw-Skip the extended warranty on the IS.

Link to comment
Share on other sites

  • 1 month later...

The need of the amount is to be mentioned into the message that has to be sent to the lender for the confirmation of the authorization I am a spammer remove me online Thus, online I am a spammer remove me are the superb financial deals I am a spammer remove me online This is the reason why most people want to know where to get the best interest for a personal loan http://paydays-loans.org/ I am a spammer remove me online The first payday loan company was very understanding !

Link to comment
Share on other sites

Extended warranty is just a piece of mine. If your like me like to have worry free then go ahead and buy the extended warranty. I have a 2009 lexus is250 with 28k miles on it. I double check online and found the cheapest price was 8 years 75k miles for $1200. It's an lexus warranty not any third party. My bro and sis both own Camry and have well over 110,000 miles on it. Have not had any problem at all beside regular oil change. So if you have extra money and want worry free then go for it.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...

Forums


News


Membership