Extended Warranty - Anyone here sell them?

On some other car forums there's usually a regular poster that works at a dealership and sells factory warranties for good prices. I'm pretty sure there was a guy on the FJ forum that did this.

Is there a person like that here? I've searched but I can't find anyone. I'm about to pull the trigger on a 2020 TRD Pro and I intend to keep it for at least 7 or 8 years and I'd like to get a 7/125 Toyota warranty but the price the dealer quoted ($2500) seems pretty obnoxious.

Anyway, if one has a line on this I appreciate it. Thanks!

 

I have read some of these guys are saying they get it for a grand . Don't know where .

 

yeah i think it's usually around 850

 

Keep in mind a 7/125 is really a 2/65

 

I got a 100k/6 year for $1100. Definitely worth it in my opinion.

 

Just for powertrain right? The rest of the vehicle is only 3/36 factory correct?

 

Yeah the Powertrain. Keep in mind even with a warranty they can still deny a claim for a myriad of reasons. That’s why I’m not a fan of them.

 

Plus isn't there usually a deductable? I was fortunate enough to have 13 trouble free years with my 2nd gen. I hope I have as good of luck on the 3rd, but if it's looking like it's going to cause me issues I'll dump it for another vehicle.

 

dont buy it if you mod your vehicle

 

I’m not sure on a deductible, I’ve never had the extended warranty. But I do know a vast majority of owners never use it and it’s the highest margin for the dealer.

 

True Grossmotto...it's a Toyota not a GM. I sell them and I do not put them on my own cars...but I buy dependable vehicles and not GM's or German cars. Not that a Toyota can't break but small chance

 

Dealer wanted $1890 for 6 yr/100,000. Ended up getting 7yr/125,000 for $1100 from the credit union. It mirrors the 3yr/36,000 factory warranty..100 deductable.

 

3rd party warranties are always more of a hassle than from the dealer.

 

If I do one, and I'm not 100% decided yet, it would be a factory warranty not a third party.

 

as long as your not modded ....if you read the contract they have the right to deny claims for vehicle mods

 

Couldn't changing the tire, even rim size, be considered modding since it's not factory spec?

 

Yes. I have seen it! Been in the business for 18 years.

There is generally a 3% leeway on tire size but once more than that I have seen denials. Last one I seen is because the tire was making the odometer 8.19% too slow so true miles were unknown.

Usually though with a denial there is more to it such as the warranty is brand new and just in effect aka preexisting.

 

Ask for a deal. I would think cost on a 7 125,000 would be around 1400.
Most new cars it make sense to get a warranty, just ask for a deal...

 

I got the 10yr 100k from Wolverine Toyota for $1100. I only drive 6k a year so I it was a no brainer for me.

 

Are these worth it? Im buying my 4th brand new toyota and i have always bought the extended warranty. Luckily i have never had to use them, i just think they are a rip off for the price the dealer charges. When my 17 was totalled i tried to cancel the warranty so i can get the money back and they just kept giving me the run around. Now i put a deposit on a 2020 should i even buy the warranty? I planning on keeping it about 6yrs maybe