Originally Posted by rpmuise
I am picking up my 09 Tacoma on Friday. It has both the factory 60000 mile and 100000 mile warranty on it. Would anyone who has owned an 09 Tacoma for awhile recommend that I purchase the platinum no deductible extended warranty for $1500?
Don't pay face value for this, just as you wouldn't pay MSRP for a vehicle. Their markup on these is a MINIMUM of 100%. I would offer them $800 for this warranty and if they balk, just don't buy it. They'll send you letters begging you to buy it for the first year or two of ownership. Remember, the first 60K factory warranty means they get your money for 4-5 years FOR FREE, as their warranty doesn't kick in until AFTER the factory warranty. If you are not certain you are going to own your vehicle for 7-8 years, DO NOT BUY IT.
In fact, the dealers sell third party policies. Mine was underwritten by CNA....you can always buy directly from the insurance company and cut out the freaking car dealer as in intermediary - they add ZERO value.