Do Any Toyota Dealers Offer Lifetime Powertrain Warranties, Nationwide?
I have found two with "lifetime" (limited), but only for service at that dealer.
Since I have only recently started looking at the brand, was just curious?
Thank you--
WWD
As you can imagine, the devil is in the details.
Keep in mind the term “warranty” implies “free”. VSA/VSC (vehicle service contract/agreement) is charged in premiums (not free)
Toyota Extra Care Platinum (Toyota Financial Services OEM VSA) does not offer coverage past 125k (comprehensive or powertrain). However, that doesn’t mean that aftermartket/third party VSAs or reinsured ancillary products (such as a lifetime powertrain warranties) don’t exist period. Since the dealer ultimately wants to retain you as a “customer for life” they(/we) try to come up with creative ways to achieve that end-goal, such as offering free (limited) “lifetime” warranties.
There may be “catches” — there may not be. No one can say definitively because there are literally thousands of such financial products on the market that are “custom” to the dealers likings. I would say it’s a given that it’s not going to be transferable past the original owner. Another given is that it must be serviced to the tee per Toyota’s service schedule (duh). The most important question is “can it be serviced at a dealer other than the one your buying it from. If so, does that include batteries, tires, etc.?
To answer OP question as best as I can for my dealership [Ed Martin Toyota’s (EMT)]
We offer a limited lifetime warranty (powertrain) for unlimited years/miles as long as you are the owner AND the vehicle is serviced regularly per Toyota (not necessarily at our dealership however).
Ours is NOT included free with each car sale, instead it is included if/when the customer buys our aftermarket VSA (I.e. 8yr/120k mile comprehensive VSA) then they get the limited lifetime warranty for free as a rider-addendum contract to the VSA.
Clear as mud?