LS - 4th Gen (2007-2017) Discussion topics related to the current flagship models LS460, LS460L and LS600H

Platinum Plan Question

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Old 09-04-14, 06:34 AM
  #16  
DJWLDW
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hfhamy

Jason at Lexus of Omaha told me that this was the only Platinum Wrap Around Plan they sold through the dealership for Lexus? It was transferable for a fee as well as refundable on a prorated schedule should I sell or trade the car.

Dennis
Old 09-04-14, 06:45 AM
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hfahmy
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I would specifically ask the question "Is this a Lexus Warranty or not?". Fidelity also calls its warranty products "Wrap"
Old 09-04-14, 09:41 AM
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hfahmy

No this is not a 3rd party warranty. This is the same warranty as if sold as CPO by Lexus of Omaha

Dennis

Last edited by DJWLDW; 09-04-14 at 09:47 AM.
Old 09-04-14, 10:06 AM
  #19  
caha14
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Originally Posted by DJWLDW
hfahmy

No this not a 3rd party warranty. This is the same warranty as if sold as CPO by Lexus of Omaha

Dennis
What's confusing is that CPO warranty products typically carry no deductible, at least the basic 3/100 part, as documented on the website and printed materials. The "extension" piece, I am not sure, but I thought there was no deductible either AND that by default, it is Platinum. In essence, the booklet for the CPO warranty matches the Platinum New Car Warranty booklet almost word-for-word.
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