Thoughts on Extended Warranty and Lexus Luxury Care Plans? (2 Viewers)

[Razor488]

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?

 

[Bluegill]

I bought my prepaid maintenance plan at the time of purchase. The math was easy - pay $$$ up front and save $$$$ in the long run.

 

[Flash Gordon]

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:

 

[ghost]

Looking for dealership where I can buy pre paid maintenance package after I bought the vehicle ??

 

[deadlikeme]

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.