A common misconception is that by waiting to purchase extended coverage, you will get coverage for a longer time. Much like life insurance costs rise as we age, the cost for a car warranty will rise as the vehicle ages and accrues mileage. You will be offered the longest terms and the lowest rates for newer vehicles with lower mileage.
We understand that you may have a warranty from the manufacturer. Our coverage is simply an extension of that, not double coverage. The manufacturer’s warranty has been factored into your price quote. The more factory warranty you have remaining, the lower the cost and greater the length of the warranty extension. In other words, you are paying for tomorrow’s coverage at today’s rates. In addition, our Roadside Assistance benefit, with $100 towing limits may prove to be invaluable during the Manufacturer’s Warranty period.
FACT: The newer your vehicle, the lower the rates for extended coverage.
Please click the link below to view a chart that illustrates this:
Am I able to purchase an extended warranty (in California) from a source OTHER than the dealer? The Lexus Dealer quoted me an extended warranty 7 yr 100k miles for $2,995.00 for my 2006 GS300. This sounds pretty expensive to me and I would like to get other quotes. I heard that in California, laws do not allow me to get extended warranties through third parties. Is this accurate?
Dealer Warranty Or Warrantydirect, Which Is Better?
in Lexus Warranty Discussions
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Extended Warranty from Third Parties?????
Am I able to purchase an extended warranty (in California) from a source OTHER than the dealer? The Lexus Dealer quoted me an extended warranty 7 yr 100k miles for $2,995.00 for my 2006 GS300. This sounds pretty expensive to me and I would like to get other quotes. I heard that in California, laws do not allow me to get extended warranties through third parties. Is this accurate?