I’m shopping for the best price for a Toyota extended warranty. I opted out of the warranty at purchase time because the price seemed inflated. Any advice would be greatly appreciated.
Cheers,
Cheers,
Extended warranty on a recently purchased 21 HE (1 Viewer)
- Thread starter Suntory
- Start date
This site may earn a commission from merchant affiliate
links, including eBay, Amazon, Skimlinks, and others.
Frequent question, so there are 2 threads on this in the forum FAQs. Here‘s one of them:
forum.ih8mud.com
Where to get good deals on Toyota Factory Extended Warranty?
I get the distinct sense Toyota is clamping down. The infamous Jerry @ Midwest Superstore has changed jobs, and when you call you're informed "we no longer sell extended warranties." Combine that with countless internet searches that suggest Midwest Superstore and other places have been sent...
forum.ih8mud.com
That’s a good price right now.
When I bought my ‘14 LC in Oct 2019 as a CPO, I got the Platinum 8yr/125k for ~$1400 iirc. They started in the high $3k range when originally quoted, but apparently CPO and credit union affiliation make a difference.
So you pro-rated cost? 8 years from 2014, right? So $1400 for 3 more years from 2019?
according to my paperwork its 8 years from the original in service date (09/09/2014) or 125K odo. Bought it with 83k CPO in October 2019 for $1595 / $0 deductible. So really 09/09/2022 or 125K whichever comes first.
What is the average cost for a platinum $0 deductible that you all are seeing? My wifes '18 LC is coming to the end of its 3yr/36,000 warranty. I have been getting quotes for $4700 to 5800 dollars here in the southeast for 7 yrs and 100,000 miles. The are underwritten from Fidelity. This seems pretty excessive. My 2001 100 series has been a tank without any major issues but this 200 series has a lot more expensive electronics that can go bad.
It's hard to get longer terms and mileage that late. Here the best you could get would be a 6 year 72k platinum $0 and would be $3,244. That is an additive so 6 years from when you purchase and 72k on top of the 35k ya have. I bought a 10 year 150k from myself at cost for a little over $4k in January, but it was brand new so I could get the extra term and mileage. Cruisers are rated higher than other Toyotas by a long shot, probably from the initial cost of the vehicle so a service contract on one of ours is a LOT more than a 4Runner or Tundra.
Yarp!
Yes, you can use ANY Toyota dealer across the nation. I got mine for $2600…see post #3.
Can you let me know what dealer sold you the plan for $2600?
I called 5 dealers around my area (NW Florida) and they all stated that this state regulates extended service warranties through the Department of Insurance and their prices are fixed per the state. The following is what the rates were at all 5 dealers.
Platinum coverage: 7 years/100K miles
$5707 + Florida tax on $0 deductible
$4116 + tax on $100 deductible
$3669 + tax on $250 deductible
On Technology Only coverage: 7 years/100K miles
$1216 + tax on $100 deductible (the lowest deductible offered)
I called 5 dealers around my area (NW Florida) and they all stated that this state regulates extended service warranties through the Department of Insurance and their prices are fixed per the state. The following is what the rates were at all 5 dealers.
Platinum coverage: 7 years/100K miles
$5707 + Florida tax on $0 deductible
$4116 + tax on $100 deductible
$3669 + tax on $250 deductible
On Technology Only coverage: 7 years/100K miles
$1216 + tax on $100 deductible (the lowest deductible offered)
I was quoted the following in August of 2018 for the Toyota Extra Care Platinum with $0 deductible :
10/100k is $2230
10/125k is $3055
I opted for the 10/125k
10/100k is $2230
10/125k is $3055
I opted for the 10/125k
bloc
SILVER Star
I’m curious what you mean by “rated” in this context. Average service fees or something?
All I know is that the extended warranty cost is more on LC than Tacoma.
I thought max was 8 yrs From Toyota?
From my understanding or what I was told, not all dealers have access to the 10 Year Plan.
