SC430 - 2nd Gen (2001-2010)

Recent buyers - who bought an extended warranty?

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Old 10-23-23, 04:04 AM
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Rayzerr
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Default Recent buyers - who bought an extended warranty?

If you did, maybe explain the reason you did. Did you buy it through the selling dealer or a third party company. If the latter, which one?
Old 10-23-23, 05:56 AM
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SGB4570
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Originally Posted by Rayzerr
If you did, maybe explain the reason you did. Did you buy it through the selling dealer or a third party company. If the latter, which one?
In my experience they are mostly just big profit makers for those selling them! I sold cars for a few years back in the day, And while at the dealership I bought a used car and thought I'd check on a warrantee, the dealership wanted $1400 so I went and talked to the finance guy and my cost was $400, so I bought it, the only one I have ever bought. Find out how much the warrantee is and just stick that much in the bank for an unforeseen problem, that's my thought anyway. No, it won't cover all that might go wrong but proper maintenance will solve most of the big stuff anyway! AND if nothing big ever goes wrong, you still have that money in the bank.
Old 10-23-23, 06:12 AM
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Tanker
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20 year old car, I'm my own warranty station.
Old 10-23-23, 08:12 AM
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BillUK
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I bought an extended warranty after I bought my car a couple of years ago. The reason I did was because the car was 11 years old, with over 90k miles, and I could get an extended warranty for up to 15yrs and 150k miles. Mine is not third party and is provided by Lexus UK, and includes UK and European recovery services.
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Old 10-23-23, 08:55 AM
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GmanSC
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Bought mine at the time I purchased the SC for the fear of the roof failure. I never had a chance to use it. Just the waste of money.
Old 10-23-23, 10:48 AM
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DJWLDW
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I did not buy it for SC however I did buy it for our 2010 LS460L when it came off lease with 19K on the clock back in 2014. It was a 6 year plan. The LS now 13 years old and 9 plus years after buying it now with 107,384 miles on it. We never used a dime of the extended warranty. It's a Lexus and it was a waste of good money.

Dennis
Old 10-23-23, 12:19 PM
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Rayzerr
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Originally Posted by DJWLDW
I did not buy it for SC however I did buy it for our 2010 LS460L when it came off lease with 19K on the clock back in 2014. It was a 6 year plan. The LS now 13 years old and 9 plus years after buying it now with 107,384 miles on it. We never used a dime of the extended warranty. It's a Lexus and it was a waste of good money.

Dennis
I've never bought a warranty on anything. If I owned the car from day one I wouldn't even consider it. I guess I have to stop reading those posts from owners paying huge dollars to replace something.
Old 10-24-23, 05:32 AM
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BillUK
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Originally Posted by Rayzerr
I've never bought a warranty on anything. If I owned the car from day one I wouldn't even consider it. I guess I have to stop reading those posts from owners paying huge dollars to replace something.
That's how I see it with new cars, especially something like a Lexus. Used cars are more of a risk, so I tend to consider it as part of the overall cost of the car, and try to buy at an amount where I think the price of the car plus the price of the warranty adds up to what I think is reasonable value for the car.
Old 10-24-23, 05:34 AM
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SGB4570
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The extended warrantee I bought for my new to me SC430 was the Timing belt/Water pump service!
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Old 10-24-23, 06:06 AM
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Rayzerr
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Originally Posted by SGB4570
The extended warrantee I bought for my new to me SC430 was the Timing belt/Water pump service!
That’s next week for me, after my mechanic gets back from vacation. Gee, do you think there’s a correlation? LOL
Old 10-24-23, 07:29 AM
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OP, I am an NJ SC owner like you. My experience with extended warrantees is different than many other SC owners. But mine is a historical case - purchased the SC off lease in 2008, got the extended warranty to add about 3-4 years to the original factory 4 yr 50k miles through Toyota Financial Svcs so it was what people sometimes call a "factory extension" cos Lexus backs it, not a third party insurance company. Had the following fixed under the extended warranty over time. 2 rear shock absorbers, headlight leveling sensor, two O2 sensors, drivers seat heater wiring with re-upholstery of the whole drivers seat leather cos they took apart the whole seat to fix it. Plus a few other smaller things. It was totally worth it. I still consider my SC a reliable car mechanically and it has had only regular wear and tear type issues needed since the extended warranty ran out in like 2015 or so. IMO the only reason to get an even more extended warranty than this is if you fear the top mechanism will fail. Touch wood I have been fine there. You do not need to pay the selling dealer for an extended warranty, you can simply shop around with your VIN in hand to see who gives you the best price for the coverage you want. My recent purchase earlier this year was a CPO MBZ. Selling dealer in Florida, dealer who sold me the extended warranty was in Kentucky. Saved about 35% on the warranty pricing by going with the dealer in KY.

Last edited by OBP; 10-24-23 at 07:30 AM. Reason: typo
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