Extended warranty, good idea or not
#1
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looking at buying an extended warranty for 2004 gx with 44K milage. Anybody have input or if it's even needed, or a specific product that you had a good experiance with. I believe the dealership extended is around $3700 to 100k/7yr (platinum-L5-$0 deductable.)
thx
thx
#3
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go to: http://www.warrantylex.com/ you will pay $1500 less, and it comes from a lexus dealer in greenwich.
#4
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You can get it from Lexus of Huntsville or Toyota of Greenfield for around $2000. Search these forums for the contact info. I don't not think I will get the extended warranty when my 4 years/50K miles is up. I just don't see spending $2K on repairs in 3 years, but knowing that, I'll have something break that costs $5K, so go figure.
#5
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I bought extended warranty towards end of the factory warranty just in case... Two mos after expiration of factory warranty I went in for service and they discovered radiator leakage. Fix involves radiator replacement. Cost around $1000. I was glad I bought the plan.
#6
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Just to play devil's advocate, how much longer do you have on the extended warranty? You would still be ahead $1000 if you didn't buy the plan and paid the $1000 out of pocket for the radiator. Of course, you never know how much in repairs you'll have, so perhaps the $2000 is worth it if you have another few thousand in repairs this year.
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#8
Lexus Test Driver
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If it were me I would base it on my car's history. If its been having issues here and there then its probably one of those that will always have minor problems. If you own 1 of these then I would recommend getting the warranty.
Paying for warranty is basically gambling. R U a gambler?
Paying for warranty is basically gambling. R U a gambler?
#9
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Just to play devil's advocate, how much longer do you have on the extended warranty? You would still be ahead $1000 if you didn't buy the plan and paid the $1000 out of pocket for the radiator. Of course, you never know how much in repairs you'll have, so perhaps the $2000 is worth it if you have another few thousand in repairs this year.
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