Waste of $$, IMHO, at least for the 100 series LX/LC. We have a '03 LX CPO we bought in early '06 w/ 48K mi. The only issue detected the first week was the steering wheel was off-center (VGRS ECU was replaced, as it was the first year it was introduced...$800, covered by the CPO). Other than that, no issues except the rear 3rd brakelight lens cracked (common problem in AZ due to the heat, not covered under warranty since lights are considered "trim"). The only other minor issue we encountered occasionally (usually after lots of offroading) is the rear A/C switch in the ceiling will sometimes switch from medium to high by itself (no, it's not set to auto). That hasn't happened in a year, and the dealer couldn't diagnose it. If worse comes to worse, that's an easy item to replace. So the $2K or so premium I paid for the CPO warranty extended to 5 yrs only resulted in a $800 payoff.
When I bought the LX, I thought it was complicated based on the two manuals. Luckily, all pre '06 models are relatively simple in comparison to today's new vehicles, which all have TPMS (you have to replace the battery mounted inside the wheel....$50), plus many cars have bumper proximity sensors (pretty useless feature for competent drivers) which cost $300 each to replace, rear backup cameras that fail, electronically engaged transfer cases (prefer the good 'ol shifter like on the 100). One of the Toyotas (Prius?) has a FSM consisting of TEN volumes! So in retrospect, the 100 is a reasonably simple-to-repair car for today's standards. I'm so glad there's no TPMS.
