Thoughts on Extended Warranty and Lexus Luxury Care Plans? (1 Viewer)

What is the math for the prepaid maintenance plan?

Jerry said he doesn't sell the prepaid maintenance plan. Do you have to buy that at the time of purchase?
 
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I bought my prepaid maintenance plan at the time of purchase. The math was easy - pay $$$ up front and save $$$$ in the long run.
 
If I only drove 5,000 miles per year then I probably wouldn't do any additional warranty or pre-paid maintenance purchases. Well, I'd have to think about the maintenance because, as serbiansizzlean pointed out, the maintenance is supposed to be time-oriented as well as mileage....but the mileage is certainly the real driver. I wouldn't feel bad holding off on an oil change or other fluid service beyond a 6-month recommendation if my miles are low.
Gill, before you think about holding off on any maintenance (especially in dusty Az), you might want to take a look at this re turbo maintenance:
 
For whatever it is worth, the dealership where I purchased my GX informed me that Jerry's prices were within $200 of their own cost, depending on the mileage and years. In other words, if they sold a plan at that price, they would at most make a couple of hundred dollars. This was the general manager who came in when I shared the pricing list I got from Jerry. He spent 10 minutes speculating on 'what his angle was' before deciding it was either a way to build a relationship for future sales or that Toyota (and not Lexus) offers a volume incentive plan for sales of the extended warranty. Both Jerry and the dealership I bought from are in KS.
 
I worked with Jerry today and grabbed an extended warranty. Great guy and super easy transaction.

Went with the 7 Year/ 100K.

Highly recommend it.
Mind sharing what you paid? I left him a message today do both warranty and service quotes. Here’s what a dealer quoted me locally even though I’m not buying from them.


Hello Tim,

The options you have requested for your GX will be as follows

8yr/75k mile Lexus Extracare Platinum $0 deductible warranty is $4875

5yr/50k mile Pre Paid Maintenance Lexus Luxury Care is $4260”

This is in the San Diego area. My car hit Long Beach last night and I’m expecting delivery in a week or so, trying to lock down my finance dept info before the date of signing. Anyone else w up to date pricing would be appreciated.
 
Mind sharing what you paid? I left him a message today do both warranty and service quotes. Here’s what a dealer quoted me locally even though I’m not buying from them.


Hello Tim,

The options you have requested for your GX will be as follows

8yr/75k mile Lexus Extracare Platinum $0 deductible warranty is $4875

5yr/50k mile Pre Paid Maintenance Lexus Luxury Care is $4260”

This is in the San Diego area. My car hit Long Beach last night and I’m expecting delivery in a week or so, trying to lock down my finance dept info before the date of signing. Anyone else w up to date pricing would be appreciated.
I went with the 7 year 100k warranty and it was $2300.
 
Anyone in CA OR or WA ever have an issue with an extended purchased out of State? One of the discount extended warranty dealers says they can't sell to CA OR WA. My son goes to Univ in another state. Extended doesn't become a factor for years. Thoughts?
 
Anyone in CA OR or WA ever have an issue with an extended purchased out of State? One of the discount extended warranty dealers says they can't sell to CA OR WA. My son goes to Univ in another state. Extended doesn't become a factor for years. Thoughts?
No firsthand experience, but can’t imagine there would be any issue. The extended warranty is a contract between you and Toyota, if Toyota issues it then dealers, wherever located, must honor it.
 
I've heard that it sometimes takes Jerry a week or two to respond. I think he's pretty well swamped with requests - his name and contact info has been swirling around the internet for years as the go-to man.
 
How long did it take him to get back to you? I emailed him Friday and haven’t heard anything back?
I bought extended warranty from Jerry for my wife’s Land Cruiser, he is VERY busy but when we finally spoke he is a really nice man. Suggest you call his cell and keep trying if his voice mailbox is full.
 
Does anyone know if the Lexus warranty can still be cancelled if it has been transferred to a new owner of the vehicle? Thanks.
 

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