@JuneBug could you please PM me as well. Thank you!
Looking for 10 year from my 2018. Any thoughts on buying no or waiting till I am near the basic warranty expiration?
My understanding is the "extended warranty" does NOT kick in until after the original factory warranty expires---however you must prior to the expiration date of the original.----therefore a 10 yr extended warranty only gives you 7 additional years.....
buying early may give you some leverage with your local service dept if you run into any issues under the the original coverage
My only thinking is based on number of miles. Currently I am driving about 7K per year - but that could change - if I buy close than I would have a better idea about if I need 10 year /75K or 10yr/100K.
On the downside I am concerned prices might increase potentially.
My only thinking is based on number of miles. Currently I am driving about 7K per year - but that could change - if I buy close than I would have a better idea about if I need 10 year /75K or 10yr/100K.
On the downside I am concerned prices might increase potentially.
You don't have to purchase it until just before your 3 years are up. Given the difference in premium prices for mileage variation I'd be less worried about overall price increases by waiting.
Why not invest the amount you would pay for an extended warranty?
The money still works for you and if you luck out and never need to repair the car—you keep the money.
Add to this amount and then when you buy your next car u may have enough for a down payment.
This warranty issue is the main reason I'm hesitating to buy a Honda or Toyota
versus Hyundai or KIA.
I've never owned a Toyota but we both love the look and drive of
it. Option combo and price for the XLE is very competively priced
vis a vis Honda but ... THE WARRANTY BOSS ! THE WARRANTY
Five years here in Canada and 10 in the U.S. is a big edge
These are factory warranties and are no bologna warranties like "aftermarket" warranties; right? Anybody have any issues not getting something covered? I have a Hyundai and their quality is beyond crap (ThetaII). There is a reason they have a 10/100. However with me going to a Limited Hybrid I am thinking it will only take one big issue to break and it will pay for itself.
And there are no "hooks" to it? Like having to have all maint done at the dealer...etc? I still like to do my own basic maint because its fun for me. I just have kinda given up trying to trouble shoot all the computer crap.
Will Jerry take a VSA on a '17 highlander hybrid limited 4wd? Will this VSA be honored by all Toyota dealerships in Southern California? Do Toyota dealerships have to do the the regular oil change to keep the VSA enforce? If we include the '17 rav4 do yo think we can get a better price?
I'm sorry I didn't read all the threads 'cause it's too long.
Will Jerry take a VSA on a '17 highlander hybrid limited 4wd? Will this VSA be honored by all Toyota dealerships in Southern California? Do Toyota dealerships have to do the the regular oil change to keep the VSA enforce? If we include the '17 rav4 do yo think we can get a better price?
I'm sorry I didn't read all the threads 'cause it's too long.
Thank you for the response. The highlander has only 13,530 miles on it and the rav4 6,570. So the platinum VSA is like a bumper to bumper coverage without deductible which include regular maintenace like oil change every 5,000 miles, air filter , cabin filter and so on. I read it's better to get the VSA approximately two months before the three year warranty expire to get the most out of it.
The VSA is NOT a bumper-to-bumper warranty. There are a lot of things not covered, like plastic interior parts, weatherstripping, hoses, belts, brake pads and rotors, and any other wear parts. It does cover electronics and big ticket items. Mine covered the water pump and steering shaft which more than paid for the warranty.
I've purchased multiple new or CPO Toyota vehicles starting with an '87 Corolla in Dec 1986, and they have all had one thing in common: Commendable but not outstanding reliability. They do break, and when they do the repairs have typically been very expensive. And while it's true that you are playing the "Insurance Game", if you can buy your extended coverage for a good price, I've won far more often than I've lost.
I've also benefited from the less considered aspects of the warranty, like the Rental provision. Living out in a rural area and having to work with dealers that don't always have loaner fleets (and a need to get to work!), being able to push for replacement transportation (Toyota's car or an Enterprise vehicle) fits my needs well.
And when we sold our cars privately, it was sure nice to be able to sell a 7 year old vehicle that was still under factory coverage! I know that helped me command a better price compared to others offering similar vehicles.
Can anyone explain it properly to on how does the warranty work? I don't need to know the whole kitchen on behind it, but will this warranty work in Ontario, Canada? Who are the people I can reach out to get a quote for my RAV4 Hybrid '17 (~40k kilometers) and how I can make sure I will be really covered in Canada? Is it like an insurance company that covers your expenses or these guys are connected to Toyota?
In the USA it's a division of TMCC (the banking side of Toyota). Yes, technically it's an insurance policy, but let's call it a subsidized policy as Mother Toyota wants you to be happy and come back. It's not known to be a huge profit center, more like a low profit generator with a big emphasis on customer satisfaction. That's what really separates it from the aftermarket insurance auto policies. The wholesale prices are generally pretty low compared to what you get. It's the dealer markup that can make them prohibitively expensive. Retail prices vary greatly, as does sales tax applicability, etc.
In Canada? As in you are an American buyer living with your vehicle in Canada? Or are you a Canadian resident / purchaser? If you bought your vehicle in Canada, start with your dealer to get the T's & C's and a starting price, then see if other dealers will sell you the product. In your Provence or elsewhere in Canada. In the USA, sales are restricted in some states, as the warranty falls under their state's insurance code. In other states, like NY, I can buy the product from a dealer in a number of other states.
@JuneBug. I'm reading through the last few pages and it seems you're the one to contact! If you could be so kind as to PM some contact info. I just drove home with a 2019 Rav4 Hybrid but declined a warranty option as I was not happy at all with the financial guy. I wanted time to digest my options and shop around. Thanks!