Extended warranty pricing? Seems way high even at a 'discounted' price
With that said, he gave me a quote on a 100k mile 7yr zero deductable platinum warranty for our 05 2WD V6 4Runner at $880, no taxes or extra fees. I think this sounds very reasonable and is literally almost HALF what the retail price of the warranty is listed on Toyota.com ($1650)
Now with that said, I also asked just out of curiosity, what the price for a 100k mile 7yr zero duductable platinum warranty was for an 06 GS430 and he said $2080!! He also mentioned retail price was $2900.
OK let me get this straight... the retail price of a Lexus warranty (a vehicle that might cost a little more to fix but should also not break down as often!) is almost DOUBLE what it is for a Toyota warranty?? And that's considering the fact that the standard lexus warranty is a year and 14k or so miles longer for B2B and powertrain warranties, meaning you are actually purchasing a shorter warranty extension and fewer added miles above and beyond the free factory warranty. And his discount on it seems to be much worse percentage-wise, as well.
So I'm just curious if any of you guys feel this is similarly ridiculous as to the pricing structure, and/or if you guys are familiar with discount OEM warranty sellers in the Lexus arena of things?







