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. How Much Does a Lexus Extended Warranty Cost? Coverage provides up to $50 per day for a maximum of 5 days per occurrence. Cookie Notice. The Guides Auto Team is committed to providing reliable information to help you make the best possible decision about a warranty for your vehicle. These warranties are transferable and can be canceled within. Coverage options are available for up to 5 years and is effective from date of first use as a new lease vehicle.4. Power 2022 U.S. The price range for the Lexus extended warranty ranges between $2,800-$3,000. Valid receipts will be required for reimbursement. Get a Quote From Our Most Affordable Provider - CarShield. What is covered under the Lexus extended warranty? WARRANTY Lexus confidently stands behind these exceptional vehicles with the L/Certified Limited Warranty, * which when combined with the new-vehicle Basic Warranty, can provide up to six years of vehicle warranty coverage. Numerous third-party providers offer affordable extended warranty plans for Lexus that are often more flexible than what youll find at the dealership. Almost all parts are covered by the Lexus Platinum extended warranty plan, though some common exclusions apply. Extended warranties can have deductibles ranging from $0 to $500, but factory warranties don't have deductibles. We're taking you to Toyota.com website to connect you to the information you were looking for. Companies receive a score out of 5.0 overall, as well as a rating in each of the following categories: AutoGuide reviewed the top extended auto warranty companies to find the best. All new Lexus vehicles leave the dealership parking lot with warranty coverage. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical breakdown of a covered component. Get exceptional coverage from the premiere vehicle service agreement for new Lexus vehicles, including repair costs for mechanical breakdown and parts after your vehicle's factory warranty expires. There are several benefits from purchasing an extended warranty through a third party, such as: With that in mind, here are a few of our best tips when shopping for a vehicle service agreement: Check for your mechanic. They can generally be purchased at any time. However, as Lexus vehicles are fairly reliable, it is not guaranteed that the cost of your Lexus extended warranty will pay for itself. More Frequently Asked Questions. This 6-year/70,000-mile warranty protects the engine, transmission, transaxle and drivetrain. If you want to compare all three Lexus vehicle service contracts, the table below lists the various extended warranty plans and the components covered by each one. Complaints mainly come from people who are unhappy with the claims process and specific exclusions, though this can be avoided by reviewing your contract fully before purchasing an extended warranty. When we called CARCHEX with questions, the representatives were friendly and didnt pressure us to buy. By comparison, comprehensive coverage from a third-party provider could cost anywhere from $1,800 to $3,000. When she needed it, your Customer Service team addressed every need and request. These Lexus warranties come with benefits including 24/7 roadside assistance, substitute transportation reimbursement, and travel protection. In addition to checking to see if your vehicle is covered under an existing Lexus factory warranty, also consider the average costs to replace parts for your Lexus. Lexus Basic Warranty-4 years/50,000 miles. That said, Lexus extended warranty coverage can still be beneficial if you wouldnt be able to pay for a major, unexpected repair out of pocket. We recommend getting at least three extended warranty quotes in order to compare and contrast your coverage and price options. You dont want to get caught paying for repairs and waiting for reimbursement. A Lexus vehicle service agreement protects your finances any time you face a covered repair. Vehicle Dependability Study, one costly repair could break the bank. Every new Lexus vehicle is backed by a limited Lexus manufacturer warranty coverage for 48 months or 50,000 miles. While factory coverage does not last forever, it can be lengthened by a Lexus extended warranty. RepairPal collects driver-reported data to determine reliability scores for many vehicle manufacturers. Additionally, Lexus will provide a loaner car if repairs will take over eight hours. Any cancellations after that, or once a claim has been paid, will be prorated. Plans range from 2 years or 20,000 miles all the way up to 5 years or 90,000 miles. The site determines reliability scores by evaluating the following criteria: In this case, severe refers to any repair that costs more than three times the average annual repair cost for all models, or $1,956. Getting quotes from multiple companies can help you identify the most affordable breakdown coverage for your vehicle. Endurance is an excellent choice for a Lexus extended warranty. The Lexus Gold extended warranty plan covers fewer parts than the Platinum plan; however, the Gold plan includes a long list of eligible components and comes with flexible term limits. . In California, roadside service provided if vehicle is inoperable due to the mechanical failure of a covered component. All of these are outlined in your Lexus vehicle service agreement. The following factors will all influence the cost of your Lexus extended warranty: Our research experts found that the price of a Lexus extended warranty can range from $2,000 to around $3,800 depending on coverage. : While many third-party providers offer flexible payment plans, you wont have to worry about being charged interest. Lexus cars must pass a 161-point inspection to qualify for CPO status and come with a 2-year/unlimited-mile warranty that starts at the end of the Basic Warranty or the date of sale if the factory coverage has already expired. Our team takes into account BBB ratings and the companys history of reliable service when giving this score. By continuing to browse our site you agree to our use of data and cookies. The Powertrain plan can be added to used vehicles that are less than 13 model years old and have free than 100,000 miles. Complaints mainly come from people who are unhappy with the claims process and specific exclusions, though this can be avoided by reviewing your contract fully before purchasing an extended warranty. Copyright Lexus Financial Services. You can get a full refund (minus a $50 processing fee) if you cancel within 30 days, and a prorated refund thereafter. Lexus ranks seventh out of 32 brands with an overall reliability score of 4.0 out of 5.0. If you provide your vehicle identification number (VIN), any Lexus dealer can look up your car in its system to tell you which Lexus warranties are still in effect. With over 50,000 ASE-certified mechanics nationwide and 24/7 customer service, you can rest assured that we've covered you. , also known as a vehicle service agreement, protects your investment for many years after the manufacturers warranty expires. Time and Mileage coverage periods for Used Vehicle Plans are measured from Agreement Application Date and Agreement Application Mileage. , roadside assistance and trip interruption coverage are also folded into the CPO warranty. : Warranty providers with a history of strong business practices and endorsements from experts receive the highest scores in this category. Many luxury vehicles are expensive to maintain because they often require extensive servicing and specialty components. It also includes wheel alignment and balancing for 1 year/12,000 miles. You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). In our research, we found a number of customer reviews that described the cost of Lexus extended warranty coverage. You also dont have to pay interest on an extended warranty if youre financing. : You dont have to purchase the plan on the car purchase date or before the Lexus basic warranty expires. Lexus Extra Care Gold If you buy coverage with the purchase of your car, the Lexus dealer will likely include it in your monthly payments, thereby charging you interest on the policy premium. If you find a provider that doesnt back up its coverage with some sort of guarantee, you probably shouldnt shop with that company. : This rating is based on types of extended warranty plans available, coverage terms, and added benefits like roadside assistance. Just bought my friends RX330 coming off lease. The cost of a Lexus extended warranty depends on your particular vehicle and dealership. We want you to find coverage that gives you peace of mind. Learn more. Make sure you can choose the mechanic you want. Note: The purchase of a Vehicle Service Agreement voluntary protection product is optional, cancelable (subject to specific agreement terms) and not required to obtain credit. Should You Get Extended Warranty Coverage? Lexus Extra Care Platinum This tier is the highest and covers everything the other two tiers do as well as additional components like pedals and door handles. When deciding whether to purchase a Lexus extended warranty, you should also consider your Lexus factory plan. While the Lexus extended warranty may seem convenient, you could end up saving by shopping around. With over 20 years of industry experience, the company understands the ins and outs of the industry. Lexus owners have an extra year of protection for both. Warranty . Territories, and Mexico using our quick and easy recall and campaign lookup. Protection is available for new Lexus vehicles for up to 4 years or 50,000 miles, whichever comes first. Lexus will repair or replace original body panels that rust from the inside out within the first six years of ownership. Coverage includes oil and filter changes, 2 multi-point inspections, tire rotations, and any additional services included in the Scheduled Maintenance Log of your Lexus Warranty and Services Guide, under normal driving conditions. Plans often cover high-mileage vehicles and. If the Disappearing deductible option is selected and the selling dealer of the VSA performs covered repairs, the $100 deductible will be waived. With over 20 years of industry experience, the company understands the ins and outs of the industry. Learn about Lexus reliability, factory coverage, and extended warranty options for Lexus vehicles. Youre going to pay more for complete coverage, but more systems and parts will be protected. If you can handle smaller repair bills, you might consider basic coverage, such as a powertrain warranty. All rights reserved. Coverage can be selected for cars up to 8 years/200,000+ miles. Most manufacturers provide basic, powertrain, and corrosion warranties. Get exceptional coverage from the premiere vehicle service agreement for new Lexus vehicles, including repair costs for mechanical breakdown and parts after your vehicle's factory warranty expires. On 2020 and newer models, the hybrid battery is covered for 10 years/150,000 miles. Lexus owners can purchase an extended Lexus warranty for any vehicle that is fewer than four years old and has less than 50,000 miles on the odometer. Below is a list of parts covered by the Platinum warranty plan. This protection is available for purchase any time prior to the expiration of the 2 year, unlimited miles L/Certified Limited Warranty.4. , and was second only to Genesis in the premium segment. Note:The purchase of a Vehicle Service Agreement voluntary protection product is optional, cancelable (subject to specific agreement terms) and not required to obtain credit. Coverage provides up to $50 per day for lodging and meals if you're more than 150 miles from home. Numerous third-party providers offer affordable extended warranty plans for Lexus that are often. Lexus scores very well for reliability. Valid receipts will be required for reimbursement. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical failure of a covered component. No matter what company you choose, it pays to read the terms carefully, so you understand exactly whats covered and not covered. You also have the option to cancel your Lexus extended warranty. Independent companies can be good options for long-term Lexus extended warranty coverage, as long as you do business with a r. If you plan on keeping your Lexus for a while, you may want coverage throughout the life of the vehicle. If your Lexus experiences a mechanical failure within your first few years of ownership, there is a good chance the repair will be covered under your Lexus warranty. There is a maximum of 5 days over the life of your agreement. Mileage is unlimited. Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. Coverage is effective from date of first use as a new vehicle and zero miles.4Coverage expires at maximum time or mileage of the selected plan, whichever comes first. Dealerships will often push you to buy a branded vehicle service contract, but always do your research before purchasing an auto extended warranty through a dealership. Lookup Safety Recalls & Service Campaigns. Our review team prides itself on sharing accurate and unbiased information with consumers. Privacy Notice, and This coverage protects you from repairs related to faulty workmanship or material defects. Quality extended warranty companies pay claims directly to the service center. That way, you can get an idea of how much owners of your vehicle typically pay in repair costs. Included in the vehicle purchase are a bumper-to-bumper warranty, powertrain warranty, hybrid warranty (if applicable) and coverage that deals with rust and part replacements. Although theyre shorter than some of the best new car warranties, Lexus basic and powertrain warranty lengths are slightly longer than standard factory-backed warranties. Lexus does not have a lifetime warranty. The company has also received numerous featured spots on popular networks such as TBS, ESPN, and HGTV. Subscriber Agreement & Terms of Use, This coverage is available for the RZ 450e. Partner content: This content was created by a business partner of Dow Jones and researched and written independently of the MarketWatch newsroom. Before you go, here are a few things to note: Toyota.com may have a different privacy policy, security level, and terms and conditions than those offered on our website. If you have an older Lexus and your factory warranty coverage has already lapsed, you can purchase an extended warranty from a third-party provider. There are often more coverage levels to choose from. lexus used car extended warranty, lexus extended warranty plan, lexus certified pre owned warranty, lexus extended warranty worth it, lexus factory extended warranty purchase, cost of lexus extended warranty, lexus extended warranty programs, lexus platinum extended warranty coverage Airways-This airline website helps protect creditors about how Customer service is an area where CARCHEX stands out from other providers. If you are a Lexus owner, you should be prepared to pay for some of these costs over your vehicles lifetime. Endurance currently has a 4.0-star rating from Trustpilot, with over 5,600 reviews. Links in this article may result in us earning a commission. You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). Electric Vehicle ; Autos ; Reviews ; Acura; Alfa Romeo; AMC; Apollo; Apple Car; Aston Martin; Audi The Lexus factory warranty includes 4 years/50,000 miles of bumper-to-bumper warranty coverage and 6. The vehicle repair cost estimation website RepairPal figures the annual repair cost for the brand is $551 per year, which is about $100 below the industry average. Compared to other manufacturer warranties, the Lexus warranty offers standard coverage. When deciding whether to purchase a Lexus extended warranty, you should also consider your Lexus factory plan. If you want to extend your session select the "I'm back" button. The deductible is the dollar amount you pay for authorized claims related to a single repair visit. Coverage can be selected for cars up to 8 years/200,000+ miles. However, according to RepairPal, Lexus vehicles are above average in terms of reliability and have a low annual repair cost of around $551. In addition to checking to see if your vehicle is covered under an existing Lexus factory warranty, also consider the average costs to replace parts for your Lexus. *For a complete list of components covered, visit the Lexus website. If you want to drive your vehicle for a few more years after the factory coverage expires, then it makes complete sense to cover it with a warranty. You may consider a third-party extended warranty for your Lexus. 90-day or 4,000 mile limited warranty. The specific. Lexus offers several extended warranty options that range from basic powertrain coverage to a full bumper-to-bumper vehicle service contract. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. The other five plans include: When we called to get an estimate on a new 2013 Lexus RX 350 with 79,000 miles, the monthly cost for comprehensive coverage was $129 with a $100 deductible. Reputable Extended Car Warranty Companies, Ford Warranty: Cost, Coverage, and Pricing, What does your Mercedes warranty cover? Deductible applies to each eligible repair visit. While Mercedes Benz, Audi, and BMW all extend their warranties from 50,000-100,000 miles, Lexus' warranty protection ends at 3-years/100,000-miles with no extension. Vehicles are eligible if they are within 13 model years and less than 100,000 miles.4Used vehicle plans are available only at the time of the used vehicle sale. Like most manufacturer warranties, the Lexus warranty is divided into several individual warranties, the most notable of which are a basic bumper-to-bumper warranty that lasts 4 years/50,000 miles and a powertrain warranty that lasts 6 years/70,000 miles. The highest level of coverage, similar to a bumper-to-bumper warranty, Ideal for vehicles with more than 60,000 miles. more flexible than what youll find at the dealership. All plans cover vehicles for up to 4 years/50,000 miles, whichever comes first. I am considering buying the Lexus Platinum Extended warranty to get me to warranty coverage until 2010 & 100,000 miles. Endurance vehicle service contracts extend over 200,000 miles and come in five coverage levels. You want protection in case you arent satisfied within the first 30 days of ownership. Roadside Assistance services provided by Automobile Association of America (AAA) and its affiliated clubs. are among the best extended warranty providers. An extended car warranty, also known as a vehicle service agreement, protects your investment for many years after the manufacturers warranty expires. Refer to Owner's Warranty and Maintenance Guide for details. TMCC is the servicer for accounts owned by TMCC, TLT, and their securitization affiliates. Best Car Warranty Companies In California. After careful consideration, we found that its usually better to purchase a Lexus vehicle service contract from, Buy Lexus Extended Warranty Online: Recommendations, We recommend getting at least three extended warranty quotes in order to compare and contrast your coverage and price options. is between $1,800 and $3,400. Retail installment accounts may be owned by TMCC or its securitization affiliates and lease accounts may be owned by Toyota Lease Trust (TLT) or its securitization affiliates. We like these providers due to their low costs, coverage options, customer service, industry standing, and additional perks. Cover the costs for mechanical breakdown after your vehicle's factory warranty expires, including many parts not covered in our Powertrain plan. Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. The cost of a Lexus extended warranty is variable based on the model, year, make, and coverage plan. This is a fair price for bumper-to-bumper coverage. All you will be responsible for is the deductible. The most comprehensive plan covers most mechanical breakdowns, while the most basic plan only covers the powertrain including the engine, transmission and drive system. If you buy a used vehicle, you can add coverage at any point before your car reaches 9 years/125,000 miles. We use data about you for a number of purposes explained in the links below. Typically, coverage is accepted at all repair shops certified by the National Institute for Automotive Service Excellence (ASE. For the applicable time period and/or mileage limitations click below. Access to our nationwide service network, with service by Lexus factory-trained technicians. This warranty is directly from Toyota and any warranty work will need to be done at your Toyota dealer or any Toyota dealer in your state or any state in the USA or Canada Please feel free to give me a call I would be happy to go over the warranty with you. : The level of customer service and care provided by an extended warranty company is an important consideration. Original equipment tires damaged by road hazards are covered under the Tire Road Hazard Protection warranty. You can choose one of the companys flexible payment plans and a no-down payment option. Thank you so much Jerry Johnson Jerry Johnson Warranty Manager Midwest Toyota Midwest Ford Deductible applies to each eligible repair visit. A Lexus extended warranty can be worth it if you expect to own your Lexus for a long time or if you want to protect yourself against costly repairs. Please refer to your agreement for specific coverage details, including limitations and exclusions. Third-party providers rarely guarantee the use of genuine Lexus parts for repairs, and because you dont need to have repairs done at a dealership, theres no guarantee that your car will be worked on by a Lexus-trained technician. The Lexus Basic Warranty covers the majority of Lexus-installed components for up to 4 years or 50,000 miles, whichever comes first. Similar to Toyota, the parent company of Lexus, the brand has received high marks for reliability from multiple auto industry research groups. Reputable extended car warranty companies offer several benefits over a manufacturer extended warranty, such as: If a third-party extended warranty interests you, start comparing free quotes from reputable extended car warranty providers likeEndurance, CARCHEX, and Protect My Carthe industrys top providersusing the buttons below. You can get a Platinum or Gold extended warranty for your used Lexus, tooas long as it is less than 10 model years old and has fewer than 125,000 miles on it. the industrys top providersusing the buttons below. We recognize CARCHEX as the Best for Used Cars. How long does Lexus extended warranty last? We were quoted $180.45 for 36 months with a $100 deductible for the Secure plan with a term limit of 5 years/60,000 miles. : Our research team reviews sample quotes for a variety of plans and vehicles. Coverage is effective from date of first use as a new vehicle and zero miles.4 Coverage expires at maximum time or mileage of the selected plan, whichever comes first. Compared to other manufacturer warranties, the Lexus warranty offers standard coverage. This option covers fewer components but requires a lower premium. In researching third-party providers, here are several advantages our research team found: One downside that turns some drivers away from independent coverage is that there is no guarantee that you will receive genuine parts with repairs or have work performed by factory-trained technicians. Vehicles are eligible if they are within current plus 9 model years and less than 125,000 miles.4Used vehicle plans are available only at the time of the used vehicle sale. Other benefits of third-party plans include: These are all great benefits, but there are also are some drawbacks to third-party providers. It is for approved Lexus vehicles up to 15 years old, subject to 150,000 mileage limit - the old Extended Warranty was for approved Lexus vehicles up to 10 years old and 140,000 miles, so the new extended warranty covers vehicles for longer in this respect.