LC Platinum Extended Warranty

[GeorgeP]

I was quoted $2550 for 7yr / 100k mile Toyota extended warranty for my 2019 LC.
I thought it was a little pricy based on my reading on this forum.
How much have you guys paid?

 

[mcgaskins]

Sounds expensive. Put that $2550 into an investment account and dip into it if you ever need it for repairs. Odds are you’ll make money on that one!

 

[04UZJ100]

100k ain’t that many miles. Save your pennies.

 

[Str8Laced]

Call everyone's favorite Toyota Extended Warranty guy, Jerry Johnson at Midwest Toyota, Hutchinson KS 620-664-8844 , you can buy the Extended warranty from any Toyota dealer. You can at least see how his $ compares. I spent an hour or so talking to him about extended warranties when I was thinking of buying a Sequoia w/ 10K miles, ended up buying a 2014 LX570 w/ 84K miles so couldn't do the Toyota wrrnty. Great Guy though, there's a reason he's all over the Toyota Forums if you search him.
You could also try Jennifer at Elite Toyota but when I contacted her she was OK, not that interested in talking to me, I would've much preferred to give my $ to Jerry J.
Where to get good deals on Toyota Factory Extended Warranty?

 

[mooneywa]

$1625 through Jennifer Taylor at Elite Motor Mall for 7yr/125k. She'll send you a table with all the other possibilities. Looks like $1460 for what you wanted. jtaylor (at) elitemotormall (dot) com

The finance guy at the dealership I bought my 200 from said "since I know you're trading in the exact same car, and seem to be an enthusiast, I won't waste either of our time with our warranties since I know you know you can get it a lot cheaper elsewhere."

 

[T4Runner]

If only all F&I guys were that awesome...

 

[GeorgeP]

If only all F&I guys were that awesome...

Exactly. My F&I guy wasted 30 minutes trying to sell me the waranty...very uncomfortable having to tell somebody NO 10 times and justifying yourself to them.

 

[4xoddic]

Exactly. My F&I guy wasted 30 minutes trying to sell me the waranty...very uncomfortable having to tell somebody NO 10 times and justifying yourself to them.

We placed an "order" for our 2019 in late Sept, anticipated delivery 12-18 Oct. Shipment was never rerouted to our dealer. So I got a call the last week of October that they would "shuttle" it down from Nebraska. I told them I wanted my $500 deposit back IF they were putting miles on our new LC. Called back to say they'd trailer it down.

As we paid cash, the F&I guy proceeded to offer us a non-Toyota warranty sold by a company he formerly worked for . . . He'd printed out our personal estimates on 20 Oct! Dropped the premium pkg price 3 times in our "discussion."

 

[mooneywa]

I'm always surprised when people I talk to don't realize the F&I guy is where the dealer makes the money on the sale. Be it on the inflated interest rate, the warranty, the paint protection, the loan insurance... it's a scammers dream for the uneducated. And what creeps me out the most is how it can just so conveniently be rolled into the monthly payment. Just like that!

I also am fortunate enough to be a cash buyer. They now are playing games where the price is contingent on you financing and subsequently making at least 3 months' payments before paying it off. I guess that's the magic trigger where the dealer gets the kickback. Where I bought the 200 the F&I guy said he has no control over when I pay off the car and there's no pre-pay penalty, so it's up to me. Back in '13 when I bought my F-150, the F&I guy told me I could "have my vehicle repossessed if I paid it off too early" - I asked him for the keys to my trade and started gathering up my things until he suddenly walked that line of discussion back.