My in-laws just bought a new Toyota and opted not to buy the extended warranty at this time.
The guy said they could purchase the Toyota extended warranty any time for the same price as long as it was during the existing warranty period. Is this correct?
2007-09-04 03:52:43 · 6 answers · asked by NJB 2 in Cars & Transportation ➔ Car Makes ➔ Toyota
Yes, this is absolutely correct, it goes WAAAAAYYYYY up after you let the car go out of manufacturer's warranty. the car could have just ONE mile left under the original manufacturer's warranty and you can still get the same price he offered, but let that car go ONE mile OVER, and you will regret it. Works the same way for my line of cars also.
2007-09-04 03:57:42 · answer #1 · answered by 72OldsCutty 4 · 0⤊ 0⤋
No it is not more expensive, unless you get out of factory warranty. Extended warranties is a very negotiable contract. MAKE sure you get a TOYOTA extended warranty and NO OTHER! Some dealers will try to push a aftermarket company on you, don't do it. Stick to a toyota extended warranty and also, call several dealers and ask for their best price. You can buy an extended warranty $100 over cost. For example, my extended warranty on my truck for 6 year/100,000 with no deductible retailed for $2800.00. I bought it for $1600.00
2007-09-04 04:08:15 · answer #2 · answered by Anonymous · 0⤊ 0⤋
That is basically correct. In fact, at about the time the warranty is to expire, they will start receiving letters and phone calls offering an extended warranty. Extended warranties, in general, cost more than the actual cost to repair most items covered.
2007-09-04 03:57:58 · answer #3 · answered by fangtaiyang 7 · 0⤊ 0⤋
I even have not had plenty experiance with those after industry warrenties....the single time I did ought to deal with them it became into an all day 3 way telephone tag between the customer, the save, and the coverage organization. The warrenty did no longer conceal any "donning" aspects, which capacity something that wears isn't lined.........i became into shocked $1500 nicely spent? i think of no longer
2016-10-17 22:11:10 · answer #4 · answered by ? 4 · 0⤊ 0⤋
yea it does, i plan to buy one next year and for it to last to 100,000 miles will cost me 1900 dollars
2007-09-04 04:00:06 · answer #5 · answered by o0blah0o 2 · 0⤊ 0⤋
It is a proven fact. That they are a waste of money and it is just away of making more money off us consumers.
2007-09-04 07:24:47 · answer #6 · answered by Anonymous · 0⤊ 1⤋