1. Welcome to Tacoma World!

    You are currently viewing as a guest! To get full-access, you need to register for a FREE account.

    As a registered member, you’ll be able to:
    • Participate in all Tacoma discussion topics
    • Communicate privately with other Tacoma owners from around the world
    • Post your own photos in our Members Gallery
    • Access all special features of the site

Purchasing the warranty on a certified vehicle?

Discussion in '2nd Gen. Tacomas (2005-2015)' started by matt86, Oct 25, 2010.

  1. Oct 25, 2010 at 11:12 AM
    #1
    matt86

    matt86 [OP] Well-Known Member

    Joined:
    Nov 20, 2007
    Member:
    #3526
    Messages:
    255
    Gender:
    Male
    First Name:
    Matt
    NC
    Vehicle:
    2008 Tacoma SR5 4x4
    I just bought a 2008 Toyota Tacoma which was certified by Toyota with 45k miles on it. When I bought it, I purchased the extended warranty from the dealership to get bumper to bumper coverage through 100k miles, not knowing that it came with a 100k mile drive train warranty since it's a certified used vehicle. Do you guys think I need the bumper to bumper warranty? Most of the expensive problems would probably happen to the drive train, and I'm already replacing the full suspension with OME components. Can I call the dealership and cancel it for a refund?
     
  2. Oct 25, 2010 at 1:01 PM
    #2
    uood8

    uood8 If You Search...You Shall Find.

    Joined:
    Jun 6, 2009
    Member:
    #18086
    Messages:
    1,372
    Gender:
    Male
    Greensboro, NC
    Vehicle:
    '16 Sr5 4x4 DCSB
    Pretty much stock
    Yes, you'll have to go up there most likely and sign the cancellation form.
     
  3. Oct 25, 2010 at 1:01 PM
    #3
    Simon's Mom

    Simon's Mom Wag More Bark Less

    Joined:
    Apr 12, 2007
    Member:
    #1297
    Messages:
    9,321
    Gender:
    Female
    First Name:
    Judy or Jude :)
    SBurl Vermont
    Vehicle:
    13 TRD OR DC MGM
    Stock for now

    Is it a Toyota Extra Care Plan like a certified platinum plan?
    On the back of the paperwork given at the dealer or if you already got it in the mail, there is a paragraph on cancelling. Within 30 days of purchase, you only get charged an admin fee..it was $25 not sure now what it is. After 30 days, they pro-rate it. At least that was the way it was for me with a Toyota Extra Care Platinum Extended a couple of years ago. Your dealer's finance guy can do the paperwork. Mine did.
     
  4. Oct 25, 2010 at 1:43 PM
    #4
    matt86

    matt86 [OP] Well-Known Member

    Joined:
    Nov 20, 2007
    Member:
    #3526
    Messages:
    255
    Gender:
    Male
    First Name:
    Matt
    NC
    Vehicle:
    2008 Tacoma SR5 4x4
    I'll have to look into canceling. Do you think this warranty is worth keeping?
     
  5. Oct 25, 2010 at 2:28 PM
    #5
    matt86

    matt86 [OP] Well-Known Member

    Joined:
    Nov 20, 2007
    Member:
    #3526
    Messages:
    255
    Gender:
    Male
    First Name:
    Matt
    NC
    Vehicle:
    2008 Tacoma SR5 4x4
    I called and they said they'd refund what I payed for the warranty to the bank my auto loan is through but it would not affect my payments. I'm probably going to do it because it seems like the drivetrain warranty will cover the 4x4, engine, and tranny.
     
  6. Oct 26, 2010 at 5:24 AM
    #6
    buddywh1

    buddywh1 Well-Known Member

    Joined:
    Apr 23, 2010
    Member:
    #35825
    Messages:
    1,452
    Gender:
    Male
    Philly PA
    Vehicle:
    07 DC SR5 4x4
    I agree the most expensive problems are with the drive train but if you keep up with maintenance then failures there are extremely rare. The most likely problem areas, and still quite expensive to fix, are covered only in the bumper-bumper. Things like A/C compressor, power steering, electric window regulators, alternator and anything else electrical, brake components (usually excluding pads/shoes).

    Even things ON the engine that you might think are covered by drivetrain warranty frequently aren't that could include things like MAF and other sensors (knock sensor and crank position sensor) that are cheap but a total pain to get to.

    So look at the 'bumper to bumper' to see what's NOT covered. If the list of parts doesn't say it don't assume it's covered. It's kinda annoying but you have to be pretty knowledgeable of what parts are in a vehicle to evaluate whether an aftermarket warranty is any good. Only too frequently you see a nice long list of parts, but if you READ the damn thing and think about each part you see it's only anvils in it!
     
  7. Oct 26, 2010 at 5:34 AM
    #7
    T@co_Pr3runn3r

    T@co_Pr3runn3r XXXXXXXXXXXXXXXXXXX

    Joined:
    Jan 20, 2009
    Member:
    #12767
    Messages:
    11,923
    Gender:
    Male
    <----------------->
    Vehicle:
    08 RC Prerunner SR5
    Just had to shell out about 1000 to have my pwr steering rack rebuilt at 85k due to leaking. If it doesn't affect your monthly payments, my suggestion is to just leave it alone and keep the bumper to bumper, especially if the money doesn't come back to you. With all the other non drivetrain warranty items that 2nd gens have had, I'd just keep it.
     
  8. Oct 26, 2010 at 5:47 AM
    #8
    Kahunadave

    Kahunadave Well-Known Member

    Joined:
    Sep 4, 2009
    Member:
    #22285
    Messages:
    252
    Gender:
    Male
    First Name:
    Dave
    Orlando, FL
    Vehicle:
    05 DC PrernrTRD Sport
    K&N CAI-series 63, custom Billet Grille, Magnaflow exhaust, AR Tactic 17x8, Toyo A/T opencountry 265/70/17, Iridium plugs.
    You may want to follow-up with the Dealer & Bank to make sure it gets done .. sometimes dealers procrastinate sending in the Cancellation. On another note.. "seems like the drivetrain warranty will cover the 4x4, engine, and tranny." really is not a good strategy. You may want to read the Fine Print and find out which Powertrain components are covered..AND if they're covered if you modify your suspension. I'm familiar w/some Warranty coverages and know that some Warranty companies will NOT cover Powertrain components if the vehicle is lifted and over certain factory specs due to the driveline angles etc. changing. If you're still in doubt.. go back to the Dealer Finance dept. and have them go over it in more detail w/you.. you're the customer they're the ones selling you a product. GL
     
  9. Oct 26, 2010 at 6:02 AM
    #9
    Priddle

    Priddle And now for something completely different....

    Joined:
    Aug 20, 2010
    Member:
    #41982
    Messages:
    381
    Gender:
    Male
    St. John's, NL Canada
    Vehicle:
    2014 Tacoma 4x4 TRD Sport DCSB
    Current: Pelfreybilt front and rear bumpers, winch, icon front coils/shocks, Icon rear shocks, Dakar leafs, Camberg UCAs, Pumpkin Android stereo, custom sub box w/ 2x10" RF subs and Kicker amp, short shifter kit, Fuel Beast 18" wheels w/ 1mm offset, BFG AT2 285/65/18
    I got my 07 in Sept with 46000kms and it had 2 year powertrain on it already. It was a Toyota certified used vehicle. I had the option to buy 3 years comprehensive and/or an extra year powertrain. I took the 3 year comprehensive only. I'm already after using it once already to fix a squeaky driver door, will be getting the squeaky leaf TSB done on it at some point too and I already have another problem with it...a squeaky fan.
     
  10. Oct 26, 2010 at 8:10 AM
    #10
    scottri

    scottri Well-Known Member

    Joined:
    Apr 13, 2010
    Member:
    #35187
    Messages:
    2,095
    Gender:
    Male
    First Name:
    Scott
    Tigard Oregon
    Vehicle:
    '10 Sport DC TRD Sport PreRunner
    Cover King Seat Covers, WeatherTech Liners, PopNLock, storage bin locks, N-Fab Step bars, and G4 Elite Tonneau cover.
    You didn't say how much you paid for the extra warranty so it's kind of hard for me to say if it's worth it or not but I personally wouldn't buy a bumper to bumper warranty on a car that I already had a drive train warrany on since the drive train is what is going to be expensive to fix.
     
  11. Oct 26, 2010 at 8:14 AM
    #11
    TurfTaco

    TurfTaco Is there a long john silvers on the island?

    Joined:
    Jul 2, 2008
    Member:
    #7704
    Messages:
    1,011
    Gender:
    Male
    URE
    Vehicle:
    07 Deer Collector
    285/75-16 BFG KM1's, AVS vent visors, AVS hood shield, pioneer avic F900BT, pac steering wheel control adapter, Boyo rearview camera, pac ipod interface, tinted windows, Toytec 1.5 AAL, Bistein 5100s (front set to .85) Eibach coils, Black headlights, grillcraft black billet insert, N-fab light bar, 4 Hella FF700 lights & color matched grille, Sockmonkey bedside decals. 16x8 MT sidebiters, Weathertechs, Fabtech spare carrier.
    I would cancel immediatly
     
  12. Oct 26, 2010 at 8:41 AM
    #12
    HEAVY WT

    HEAVY WT Well-Known Member

    Joined:
    Mar 8, 2010
    Member:
    #32777
    Messages:
    110
    Gender:
    Male
    First Name:
    Matthew
    LA
    Vehicle:
    16 T4R TEP
    I bought the 100k bumper to bumper with no deductible for about $1000. So far have replaced a starter, window regulator and compass. With out the warranty the bill would have been around $900, so was definitely worth it for more. Doesn't take much in the PS, AC or other electronics to add up to the cost of the warranty. If you can afford it, I would say keep it...
     
  13. Oct 26, 2010 at 1:52 PM
    #13
    Priddle

    Priddle And now for something completely different....

    Joined:
    Aug 20, 2010
    Member:
    #41982
    Messages:
    381
    Gender:
    Male
    St. John's, NL Canada
    Vehicle:
    2014 Tacoma 4x4 TRD Sport DCSB
    Current: Pelfreybilt front and rear bumpers, winch, icon front coils/shocks, Icon rear shocks, Dakar leafs, Camberg UCAs, Pumpkin Android stereo, custom sub box w/ 2x10" RF subs and Kicker amp, short shifter kit, Fuel Beast 18" wheels w/ 1mm offset, BFG AT2 285/65/18
    $1400.

    I could have gotten 2 years but it was only slightly less so it didn't make sense. I just feel like I now have ease of mind I guess. Plus aI already have gotten back perhaps $200 of it and I've only had it for <2 months.
     
To Top