i was told that i should get it before the factory warranty expires.
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from 8/04 post:
I have a 2000 and I just purchased the lexus extended warranty for 3yr/36K miles for $2,500. Before the warranty, I had a problem with my mirror (would not return properly when shifting from reverse) and lexus covered replacing both of them ($1,200) and I had to pay $98 laor. After reading some posts on this site (about the steering wheel, transmissions, head gaskets, etc.) and thinking about all the high tech stuff on these I decided to buy the warranty. It felt great, I suddenly didn't have any worries. The peace of mind was worth it. The truck is in the shop now having a noise in the stearing wheel fixed (it made a chatter/grinding sound upon retraction), the cruise control acted up on a road trip and the lumbar was a bit irratic. It's waiting on parts so I don't know what the total will be yet. The nice thing is it doesn't matter... it under warranty! ...
A follow up on my warranty purchase. I took the truck into the dealer as stated above and they ended up replacing the lumbar inflator ($800), replacing the exhaust manifold gasket on the passenger side ($700), replacing the antenna motor ($300), replacing the cruise control switch ($250) and replacing some parts in the stearing wheel ($300). It took almost 2 weeks to get the parts and work completed. They provided me a loaner RX330 (don't have 470 loaners) for the duration. I picked it up today and drove off without paying a cent. My warranty has already paid for itself and I am only 4 weeks into a 3 year 36,000 mile plan.
Joe