Why Buy a Lexus Extended Warranty? (2022) | Automoblog

  • Lexus offers three extended warranty plans and can last up to 10 years.
  • The Lexus factory warranty includes 4 years/50,000 miles of bumper-to-bumper warranty coverage and 6 years/70,000 miles of powertrain coverage.
  • A Lexus extended warranty can only be added before the factory warranty expires.

affiliate disclosure : Automoblog and its partners may be compensated when you purchase the products in this article .
Lexus ’ knock-down engines and epicurean interiors are backed by a party with a history of dependability. When repairs do come up, however, having a Lexus extended guarantee can reduce their shock on your budget .
In this article, we ’ ll review the Lexus extended guarantee in astuteness, including coverage plans, costs, brand dependability, and the pros and cons of gallop car warranties .
You besides have the choice of an independent extend guarantee provider, which can offer more freedom over a dealer-backed plan. Learn about the basic Lexus guarantee and find out what options you have for extending coverage. There are a count of dependable providers, thus get multiple quotes from the best prolong car guarantee companies to find the best plan for your situation. Start with some of our lead picks above.

Lexus Extended Warranty Options

Lexus Extended Warranty Coverage Terms
Extra Care Powertrain 4 years/50,000 miles
Extra Care Gold 4 years/50,000 miles
Extra Care Platnium 4 years/50,000 miles

The Lexus extended guarantee is called the Lexus Vehicle Service Agreement ( VSA ). There are three coverage options to choose from :

  • Extra Care Powertrain: Basic coverage for essential parts like the engine, transmission, and drive systems
  • Extra Care Gold: Mid-tier coverage for many parts on most vehicle systems 
  • Extra Care Platinum: High-level stated-component coverage for most vehicle systems

Lexus extended warranties are all stated-component contracts, which means they list out every cover item. Some gallop warranties are exclusionary, meaning they lone list items that are not covered, but Lexus doesn ’ thymine offer this option .
You can purchase a Lexus extended guarantee in one of two ways. If you bought a newfangled Lexus, you have until four years or 50,000 miles after the vehicle ’ s in-service date to buy extend guarantee coverage through your franchise. After the factory coverage expires, you won ’ deoxythymidine monophosphate be able to get a Lexus extended guarantee .
The second option applies if you purchase a used Lexus from a dealer. You can add a Platinum or Gold extended guarantee if the fomite is less than 10 model years old and has fewer than 125,000 miles. You can add a Powertrain design if the vehicle is less than 13 model years old and has fewer than 100,000 miles. This alone applies at the time of sale .
Lexus doesn ’ thyroxine publish the mileage limits for its extend guarantee on its own web site, but the Longo Lexus franchise shows newly vehicle plans max out at 10 years or 100,000 miles, whichever comes first .

Lexus Extended Warranty Perks

All Lexus extended guarantee coverage levels come with the following benefits :

  • Transferability: The Lexus extended warranty is transferable to a secondary owner for free, but only once. 
  • Cancellation: You can cancel within 30 days for a $50 fee. If you cancel after 30 days, you can get a prorated refund. 
  • Roadside assistance: The warranty covers towing, flat tire assistance, lockout service, jump-starts, and fuel deliveries (up to 3 gallons). 
  • Rental coverage reimbursement: Platinum agreements offer $50 per day for 5 days per occurrence toward a rental car, while Gold and Powertrain plans offer $35 for 5 days. 
  • Deductible options: You can choose a $0 or $100 disappearing deductible. The Lexus extended warranty deductible is waived if you visit the selling dealership. 
  • Trip interruption: For breakdowns more than 100 miles from home, Platinum provides up to $150 per day for 5 days over the life of the plan. Gold and Powertrain plans provide up to $100 per day for 4 days.

Like the original guarantee, Lexus vehicle service contracts require you to visit a Lexus principal for repairs. Out of these three plans, the Lexus Extra Care Platinum guarantee is worth having for better coverage options and perks .

Lexus Extended Warranty Cost

Lexus extended car guarantee costs are based on your own fomite. For case, pricing for a Lexus UX would be unlike than a Lexus LS 500. besides, the same flush of coverage typically costs more as your car ’ south age and mileage increase. A $ 0 deductible design will besides cost more than a design with a higher deductible .
With all of these variables, you have to contact a Lexus franchise to get a quote. The base price from Longo Lexus starts at $ 2,495 for seven years or 75,000 miles of coverage. A few drivers on Club Lexus besides shared these prices for the Platinum overhaul agreement :

  • Driver A: $2,700 for 7 years/100,000 miles; $2,960 for 8 years/100,000 miles.
  • Driver B/first dealership: $2,975 for 6 years/70,000 miles; $3,525 for 7 years/75,000 miles.
  • Driver B/second dealership: $1,350 for 6 years/70,000 miles; $1,865 for 7 years/75,000 miles.

Lexus extended warranty

While the particular dealership you visit might not be flexible on price, it seems like you can find different prices by visiting different dealerships. 
To get the best price on a Lexus extended guarantee, you can shop around at different dealerships while your car is silent under basic guarantee coverage. See if your own dealer will match prices you find elsewhere. On the early hand, if you ’ rhenium buy a exploited car, you lone have the option to buy a design from the deal dealer .

Is a Lexus Extended Warranty Worth It ?

If you ’ re looking at buying a Lexus or own one nowadays, you already know the vehicles are built to last. Since Lexus is a class of Toyota, it benefits from all of Toyota ’ s technology. Parts are easy to find, and thousands of repair shops can work on Lexus vehicles across the U.S .
RepairPal gives Lexus models a 4.0 out of 5.0-star dependability evaluation since drivers spend an average of $ 551 per year on care and repairs. Lexus ’ average is about $ 100 less than the median cost across all brands, which is impressive for a lavishness manufacturer .
At the lapp time, no car contribution lasts constantly, and there ’ s however the luck a mechanical breakdown may occur. hera are a few repairs you might encounter with a Lexus ( based on RepairPal data ) :

Lexus Repair Repair Cost Estimate
Lexus SC400 ability steering pump substitution

$ 545 to $ 765
Lexus RX330 camshaft place detector successor $ 169 to $ 177
Lexus RX350 radiator replacement $ 638 to $ 736
Lexus GS400 catalytic converter substitute $ 2,941 to $ 2,956

An extend guarantee can be worth it if you plan on driving your Lexus improving to 100,000 miles or beyond. Having the extra coverage can help you pay for repairs, so you can enjoy the vehicle for a long as it lasts. many people besides enjoy peace of mind considering a crop of repairs are covered and they don ’ t have to fill out any paperwork or do any negotiate at the patronize .

Lexus Factory Warranty Overview

Your existing coverage is another agent to consider. If you don ’ metric ton plan on owning your Lexus past the factory guarantee ’ second exhalation, a Lexus widen guarantee is not a worthwhile investment .
All fresh Lexus vehicles come with a number of factory-backed warranties :

  • Basic limited warranty: 4 years/50,000 miles
  • Powertrain warranty: 6 years/70,000 miles
  • Hybrid warranty: 8 years/100,000 miles
  • Hybrid battery: 10 years/150,000 miles
  • Corrosion perforation: 6 years/unlimited miles
  • Parts warranty: 12 months/unlimited miles
  • Adjustments: 12 years/12,000 miles
  • Roadside assistance: 4 years/unlimited miles

These Lexus warranties are movable to any other individual party who buys the vehicle. The remove is automatic rifle and does not require a fee .

Lexus Hybrid Warranty

Lexus offers effective coverage for hybrid vehicles american samoa well. The hybrid world power system includes the battery electric potential detector, power management control faculty, and inverter with converter. It ’ sulfur covered for eight years or 100,000 miles, while the battery itself is covered for 10 years or 150,000 miles .

Lexus Certified Pre-Owned Warranty

If you ’ re oklahoma with buying a secondhand vehicle, you can save money and go with a certify pre-owned ( CPO ) Lexus, besides known as an L/Certified vehicle. A Lexus can be certified if it is still within the powertrain guarantee of six years or 70,000 miles .
In summation to whatever is left on the basic guarantee, all CPO Lexus owners get a biennial license guarantee with unlimited miles. This guarantee is identical to the Lexus basic guarantee .

Comparing Lexus & Third-Party Extended Warranties

The quotes the drivers found above are all over the board. While it ’ south intemperate to say precisely what a Lexus extended guarantee should cost, modal prices are between $ 350 and $ 700 per year according to third-party provider Endurance .
If your guarantee provides four years of coverage, it could cost $ 2,800 assuming the higher average come. however, Lexus vehicles are cheaper to repair than many other brands, so you should expect to find more low-cost warranties .
Third-party run warranties normally come with similar benefits like wayside aid and trip pause. While the maximum mileage available from Lexus international relations and security network ’ t wholly clearly, independent plans normally provide much longer coverage options than manufacturers .
For exemplar, CARCHEX can cover vehicles up to 250,000 miles or 10 years. even if you already have a Lexus extended guarantee, you might want to think about covering the fomite astir to 200,000 miles or beyond.

besides, third-party warranties allow drivers to visit a wide net of repair facilities. typically, any machinist certified by the National Institute for Automotive Service Excellence ( ASE® ) can make a repair under guarantee. last, many independent providers offer exclusionary contracts, which cover more than the Platinum Lexus security plan .
If you ’ re looking to buy an carry guarantee for your Lexus on-line, get at least three quotes from different providers and compare your options .

Our methodology

Our technical reappraisal team takes satisfaction in providing accurate and indifferent data. We identified the following rat categories based on consumer review data and conducted across-the-board research to formulate rankings of the best gallop car guarantee providers .

  • Affordability: A variety of factors influence cost, so it can be difficult to compare quotes between providers. Our team performs ongoing secret shopper analyses for different vehicles, mileages, warranty plans, and locations to give this rating.
  • Coverage: Because each consumer has unique needs, it’s essential that a car warranty company offers an array of coverage options. We take into account the number of plans offered by each provider, term limits, exclusions, and additional benefits.
  • Industry Standing: Our team considers Better Business Bureau (BBB) ratings, availability, and years in business when giving this score.
  • Customer Service: Reputable extended car warranty companies operate with a certain degree of care for consumers. We take into account customer reviews, BBB complaints, and the responsiveness of the customer service team.
reference : https://www.peterswar.net
Category : Finance

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