Warranty worth it?

[erkelbot]

Hey guys. I picked up a new to me 2010 GX460 this weekend at a local Ford dealer. The truck seems to be in really good shape, but they did offer me an extended warranty under written by Ford for $2400 for two years and 24,000 miles. The price seems a little steep to me, but I’m not as familiar with the 460 platform as I am with GX 470’s. Are there things that I should be concerned about around 130,000 mile mark, and do you feel as though I should self insure or by the warranty? Thanks.

 

[r2m]

Nothing major, although someone just posted that their fuel pump when out and it was just over a thousand dollar bill.
Read vandir's post about his new GX460 and having to replace the fuel pump: My new fall collection - 2010 GX 460 Premium
That repair alone was a little less than half of what they want for a warranty. Just saying....

 

[giovanni]

My 2c: if you're worried about repair costs, put $2400 bucks in a savings account for two years. That warranty won't cover things that fail as a direct result of not doing maintenance, so your chance of needing $2400 in repairs is pretty low.

 

[erkelbot]

I was thinking self-insure is the way to go too. It’s a base, so the air ride liability is moot. I just wasn’t sure if there are SAIS issues like the 470s, or any other really predictable problems (cough...exhaust manifold...cough). Sounds like there are fewer issues.

 

[giovanni]

You gotta remember - the only reason they're willing to sell you that warranty is because statistically they know they make money on it.

If it were a Land Rover, my answer would be totally different.

 

[Acrad]

10-13 SAIP issue will be fixed by Lexus regardless of mileage or year

In fact... you should check to see if it has already been addressed by service record. You can request to have campaign parts installed or just go with something like a Hewitt bypass in the future.

https://lexusgxor.com/_media/general:special_service_campaign_jlg.pdf

 

[erkelbot]

This is great info to have. I’ll check in on it via the Lexus portal, but I don’t think I saw it there before. And bonus...free tank of gas!

Are there other TSBs that I may qualify for? Anything for mediocre leather?

 

[Acrad]

Not seen any of those on the leather.... may want to ensure the Takata front passenger airbag was done as well.

 

[erkelbot]

From Lexus Driver Portal -- looks like it already happened. And bags have also been done. Alas, my dream of free gas has evaporated... I should have known someone had messed with it, seeing as when I did the Uni-mod the foam insert looked tip-top.

06/18 -- 104K

SERVICE: R AND R SECONDARY AIR INJECTION PUMP W/COVER, AIR SWITCH

DESCRIPTION: R AND R SECONDARY AIR INJECTION PUMP W/COVER, AIR SWITCH ~|~CHECK ENGINE LIGHT, 4LO AND SLIP INDICATOR LIGHT IS ON. LOSS OF POWER. WOULDNT GO OVER 40MPH. PLEASE DIAGNOSE AND ADVISE ~|~SECONDARY AIR INJECTION PUMP ~|~104586 CODE P2432. SECONDARY AIR INJECTION SYSTEM AIR FLOW/ PRESSURE SENSOR CIRCUIT. RECOMMENDED AND REPLACED SECONDARY AIR INJECTION PUMP ASSEMBLY WITH COVER, AIR SWITCHING VALVE ASSEMBLY NO. 1, AND AIR SWITCHING VALVE ASSEMBLY NO. 2. NOW OK.

 

[Tquiroz]

Check out Mercury Insurance Mechanical warranties. They are really affordable and cover vehicles pretty well.