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Re: Toyota Extended Warranty [Re: JLawrence08648] #5117763
05/28/19 12:22 AM
05/28/19 12:22 AM
Joined: Oct 2011
Posts: 1,682
CA
user52165 Online content
user52165  Online Content

Joined: Oct 2011
Posts: 1,682
CA
Originally Posted by JLawrence08648
I bought the Chrysler extended warranty with my 2019 Hyundai Santa Fe SEL Plus through the Hyundai dealer for $2,500, bumper to bumper for 10/100k with no deductible and includes oil changed every 5,000 miles.



And since there is already a 5/60K bumper bumper you actually got 5/40K.

10/100K already exists on powertrain.

Dealer won.

Last edited by user52165; 05/28/19 12:25 AM.
Re: Toyota Extended Warranty [Re: s2krunner] #5117785
05/28/19 02:04 AM
05/28/19 02:04 AM
Joined: Aug 2002
Posts: 15,262
Silicon Valley
PandaBear Offline
PandaBear  Offline

Joined: Aug 2002
Posts: 15,262
Silicon Valley
You used to be able to buy it online. Toyota made the change a few years ago and now you have to buy at a local dealer or visit it in person out of state. One offer to sell if I can use a local mailing address (from friend or family). The pricing delta between local and one in Boston is about 30% difference.

Toyota "usually" don't need it, but if you can sleep better maybe it's worth it.


"You keep asking questions PandaBear and you'll end up a vegetarian like my wife" - Camu Mahubah
Re: Toyota Extended Warranty [Re: PandaBear] #5117795
05/28/19 02:32 AM
05/28/19 02:32 AM
Joined: Oct 2010
Posts: 288
TX
s2krunner Offline OP
s2krunner  Offline OP

Joined: Oct 2010
Posts: 288
TX
Originally Posted by PandaBear
You used to be able to buy it online. Toyota made the change a few years ago and now you have to buy at a local dealer or visit it in person out of state. One offer to sell if I can use a local mailing address (from friend or family). The pricing delta between local and one in Boston is about 30% difference.

Toyota "usually" don't need it, but if you can sleep better maybe it's worth it.


Gotcha. Thats what i have read that vehicle must register in same state or something.


2018 Chevy Camaro 6.2L V8
2017 Ford Explorer 3.5 V6
2011 Ford Ranger 4 banger
Re: Toyota Extended Warranty [Re: s2krunner] #5117805
05/28/19 03:58 AM
05/28/19 03:58 AM
Joined: Mar 2012
Posts: 7,418
Colorado Springs
edyvw Offline
edyvw  Offline

Joined: Mar 2012
Posts: 7,418
Colorado Springs
Originally Posted by s2krunner
Anyone bought Toyota Extended Warranty? We recently purchased 2019 Sienna, we do drive a lot so its good to have one for us. Manufacturer 3/36k will go out the window in a year and half.

When i was looking for Ford Warranty couple years ago, it was a lot easier to find deals online (factory warranty) But i dont see that in Toyota world.

Let me know if you know any site beside third party...

Btw my dealer wants $1800 for months.

Thank you

Is it AWD Sienna? If it is, by all means get extended warranty considering what POS those 8 speed transmissions are. And I would just in case get one even if it is just FWD.
Who is financing vehicle? If it is credit union you can get Route66 which is pretty good warranty.


15' Toyota Sienna AWD (Mobil1 5W30 EP+OEM filter).
11' VW Tiguan 2.0T (Castrol 0W40+MANN filter)
Re: Toyota Extended Warranty [Re: Blueskies123] #5117920
05/28/19 08:08 AM
05/28/19 08:08 AM
Joined: Jun 2011
Posts: 1,500
Texas
wag123 Offline
wag123  Offline

Joined: Jun 2011
Posts: 1,500
Texas
Originally Posted by Blueskies123
I bought one with my Avalon. What a waste of money. 8 years later and not a single thing has broken on the car. Just oil changes, three sets of tires, and 3 batteries. It even has the original brakes.

+1
Selling extended warranties is a HUGE profit center for Toyota, it's independent distributors, and it's dealers. Even with independent 3rd party extended warranty companies, Toyota products generate big profits.
Extended warranties are insurance policies. What are insurance companies in business to do? Make money. How do they make money? By taking in more money than they put out paying claims.
One has to consider the reliability track record of the brand as well as the upfront cost of the extended warranty verses how much money will need to be spent on covered repairs during the warranty period. The odds are in your favor (HEAVILY in your favor on a Toyota product) that the cost of the warranty will exceed the amount spent on covered repairs during the warranty period. I'm not saying that Toyota products don't break, they do, but the vast majority of people will be money ahead by not paying upfront for an extended warranty. This is not just on Toyota products since, like ALL insurance products, the premium is based on the loss ratio. When you are shopping for a vehicle you can use this fact as a reliable indicator of the reliability and repair costs by getting extended warranty premium quotes from an independent 3rd party extended warranty company on the vehicles that you are interested in purchasing. Toyota products are always at the bottom of the premium cost scale, while other makes/models can have premiums that are as much as 5-6 times higher. Even some otherwise reliable makes/models can have very high extended warranty premiums because of their exorbitant repair costs.
Having said that, IMO there are some valid circumstances that can warrant the purchase of an extended warranty on a reliable make like Toyota, for example, a single woman who travels (or anyone else who thinks that they could be taken advantage-of by an unscrupulous repair facility).

Re: Toyota Extended Warranty [Re: csandste] #5117932
05/28/19 08:14 AM
05/28/19 08:14 AM
Joined: Nov 2008
Posts: 13,977
NH
supton Offline
supton  Offline

Joined: Nov 2008
Posts: 13,977
NH
Originally Posted by csandste
Most warranties have a 100 percent mark-up. I'd never buy one.

I usually agree but when I was looking at Caravan's this board recommended that I get one. shrug


2011 Toyota Camry, base, 2.5L/6MT, 187k, hers
2010 Toyota Tundra DC, 4.6L/6AT, 152k, ours
1999 Toyota Camry LE, 2.2L/4AT, 208k, his
Re: Toyota Extended Warranty [Re: supton] #5118024
05/28/19 10:11 AM
05/28/19 10:11 AM
Joined: May 2002
Posts: 2,237
St. Charles County, Missouri
csandste Offline
csandste  Offline

Joined: May 2002
Posts: 2,237
St. Charles County, Missouri
Originally Posted by supton
Originally Posted by csandste
Most warranties have a 100 percent mark-up. I'd never buy one.

I usually agree but when I was looking at Caravan's this board recommended that I get one. shrug

Been twenty five years since I bought a FCA product and it was a Caravan. That might have been one of two cars (the other was a mid eighties Tempo) where an extended warranty MIGHT have paid off. Can't wait to get Renault into that mix.


2017 Kia Soul Plus-- Super Tech Synthetic 5w30 59000 miles
Re: Toyota Extended Warranty [Re: s2krunner] #5118038
05/28/19 10:27 AM
05/28/19 10:27 AM
Joined: Feb 2008
Posts: 991
Louisiana
millerbl00 Offline
millerbl00  Offline

Joined: Feb 2008
Posts: 991
Louisiana
I bought a Toyota extended warranty. Good for 125000 miles. Bumper to bumper. Free towing No Deductible. They wanted $1600. Talked them down to $1000.
Already paid for itself. Some thing electric goes out I am covered. I noticed the dealership is "no hassle" with a Toyota warranty. I would get it again and I recommend it.


Last edited by millerbl00; 05/28/19 10:28 AM.
Re: Toyota Extended Warranty [Re: edyvw] #5118065
05/28/19 10:52 AM
05/28/19 10:52 AM
Joined: Oct 2010
Posts: 288
TX
s2krunner Offline OP
s2krunner  Offline OP

Joined: Oct 2010
Posts: 288
TX
Originally Posted by edyvw
Originally Posted by s2krunner
Anyone bought Toyota Extended Warranty? We recently purchased 2019 Sienna, we do drive a lot so its good to have one for us. Manufacturer 3/36k will go out the window in a year and half.

When i was looking for Ford Warranty couple years ago, it was a lot easier to find deals online (factory warranty) But i dont see that in Toyota world.

Let me know if you know any site beside third party...

Btw my dealer wants $1800 for months.

Thank you

Is it AWD Sienna? If it is, by all means get extended warranty considering what POS those 8 speed transmissions are. And I would just in case get one even if it is just FWD.
Who is financing vehicle? If it is credit union you can get Route66 which is pretty good warranty.



Its FWD. I think im pretty set getting an extended warranty since we like to keep it for many years.


2018 Chevy Camaro 6.2L V8
2017 Ford Explorer 3.5 V6
2011 Ford Ranger 4 banger
Re: Toyota Extended Warranty [Re: s2krunner] #5118079
05/28/19 11:07 AM
05/28/19 11:07 AM
Joined: Oct 2010
Posts: 288
TX
s2krunner Offline OP
s2krunner  Offline OP

Joined: Oct 2010
Posts: 288
TX
I think its really matter if owner drives a lot or not. I can run 50k in 2 years, thats almost 100k miles in 4 years.

Currently talking to other state Toyota dealer. Person gave me really good deal, just trying ti make sure we can also use it on any other states.


2018 Chevy Camaro 6.2L V8
2017 Ford Explorer 3.5 V6
2011 Ford Ranger 4 banger
Re: Toyota Extended Warranty [Re: s2krunner] #5118157
05/28/19 12:32 PM
05/28/19 12:32 PM
Joined: Feb 2008
Posts: 991
Louisiana
millerbl00 Offline
millerbl00  Offline

Joined: Feb 2008
Posts: 991
Louisiana
Its honored at any Toyota dealer. I drive about 32000 miles a year.

Re: Toyota Extended Warranty [Re: s2krunner] #5118219
05/28/19 01:57 PM
05/28/19 01:57 PM
Joined: Mar 2012
Posts: 7,418
Colorado Springs
edyvw Offline
edyvw  Offline

Joined: Mar 2012
Posts: 7,418
Colorado Springs
Originally Posted by s2krunner
Originally Posted by edyvw
Originally Posted by s2krunner
Anyone bought Toyota Extended Warranty? We recently purchased 2019 Sienna, we do drive a lot so its good to have one for us. Manufacturer 3/36k will go out the window in a year and half.

When i was looking for Ford Warranty couple years ago, it was a lot easier to find deals online (factory warranty) But i dont see that in Toyota world.

Let me know if you know any site beside third party...

Btw my dealer wants $1800 for months.

Thank you

Is it AWD Sienna? If it is, by all means get extended warranty considering what POS those 8 speed transmissions are. And I would just in case get one even if it is just FWD.
Who is financing vehicle? If it is credit union you can get Route66 which is pretty good warranty.



Its FWD. I think im pretty set getting an extended warranty since we like to keep it for many years.

Also, ask about any extended warranty, at NO CHARGE by Toyota for transmission since that was major clusterf..., mostly on AWD vehicles, but check whether it covers FWD.
Toyota issued TSB recently informing customers that throughout life of a car whining noise and rough shifts should be considered: normal!
Those cars are ridiculously under engineered, and should not give you troubles regarding warranty work. You are basically betting that something will fail on your car.
If Toyota extended warranty on transmission, I would just go with that. But Toyota is trying to cover up this issue since 2017 and if they did not extend warranty for FWD models, than get warranty by all means, and one that for sure will cover any issues, and possibly replacement of transmission. I would not worry about other parts.

Last edited by edyvw; 05/28/19 02:01 PM.

15' Toyota Sienna AWD (Mobil1 5W30 EP+OEM filter).
11' VW Tiguan 2.0T (Castrol 0W40+MANN filter)
Re: Toyota Extended Warranty [Re: s2krunner] #5118233
05/28/19 02:08 PM
05/28/19 02:08 PM
Joined: Aug 2004
Posts: 20,885
CA
The Critic Offline
The Critic  Offline

Joined: Aug 2004
Posts: 20,885
CA


2011 Toyota Prius 1.8L - 193K - Idemitsu ZEPRO Adv. Moly 0W-20
2007 Honda Accord 2.4 - 137K - Mobil 1 EP HM 5W-30
Re: Toyota Extended Warranty [Re: s2krunner] #5118840
05/29/19 02:38 AM
05/29/19 02:38 AM
Joined: Oct 2010
Posts: 288
TX
s2krunner Offline OP
s2krunner  Offline OP

Joined: Oct 2010
Posts: 288
TX
Thank you guys for all information and advice! Love this forum!


2018 Chevy Camaro 6.2L V8
2017 Ford Explorer 3.5 V6
2011 Ford Ranger 4 banger
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