Toyota Extended Warranties 1/2 price

[A-B]

Quote from NicNoobie : Believe what you want. My understanding is that dealerships are privately owned, and can choose to accept a warranty or not. I already went through the motions and spoke with Servco directly. I'm just sharing my findings with you. Here's my last email from Neil, acknowledging the dealership option: ********************************************* NIC, Sorry to hear about that. Any Toyota dealership can refuse to take the plan since they are owned by individuals. It's a shame that they don't take the Toyota plans. I don't carry any 3rd party plans so I am afraid I can't help. Good luck and enjoy the islands. I miss the ocean life so much. Thanks, Neil Hull CIO Molle Automotive Group 601 West 103rd Street KCMO 64114 816 942 5200 Ext 234

It may be true that you can't buy a warranty from Toyota Financial Services in some states. See this link [toyotafinancial.com]

The first question is:

What state do you live in?
Please note: Toyota Financial Services vehicle protection programs are not available in the following areas: AL, AR, FL, GA, HI, LA, MS, NC, OK, PR, SC, and TX.

That being said, I am sure that someone traveling in those states would be able to obtain warranty service and vice versa. There has to be a reciprocal agreement. Hawaii may be a special circumstance since it probably doesn't receive much interstate auto traffic.

[waharry]

Quote from bios280 : My Geico insurance comes with 7yrs/100K warranty. If you bought new car you should take advantage of it.

Do some research and you will find out that the GEICO MBI has some significant hidden costs. First, there is a charge for the warranty, and you must add the rider to your policy when you first insure the new vehicle or soon thereafter. Secondly, they never tell you how much the warranty actually costs. They don't quote you a total price for the warranty, they tell you how much it will cost for the current policy period. The problem is that the annual or semi-annual fee for the warranty can and will change over the life of your vehicle. In other words, they likely quoted you a real low fee for your brand new car because it is still under the manufactures warranty. In other words for the fist three years they are charging you for services that they will never have to provide. If you multiply the fee at the beginning of the warranty by 7 years it looks like a heck of a deal, and likely way below the cost of other warranties; however, the fee you pay at the beginning has nothing to do with the actual total cost of the warranty. Ask GEICO if the cost of the coverage will adjust over the life of the car. Ask them to quote you what the cost will be when the car is 4, 5, or 6 years old. They won't tell you! So, your good deal rate at the beginning of the life of the car can suddenly cost a heck of a lot more.

Now, does that mean that the GEICO MBI will be a rip-off? I don't know, but comparing it to a traditional warranty is an apples and orange comparison. I have major reservations about entering into anything where the true cost is hidden. It's an insurance policy, not a warranty.

[Coop1979]

Quote from [Atari] : FWIW, Toyota warranties through Troy @ Greenfield hav been recommended by Priuschat forum users for years. http://priuschat.com/forums/spons...racts.html

You can also request a quote from Troy through WarrantyShack.com - that's how I did mine.

http://www.warrantyshack.com

[A-B]

Quote from Coop1979 : You can also request a quote from Troy through WarrantyShack.com - that's how I did mine. http://www.warrantyshack.com

Thanks I updated the wiki

[mehul73]

Thanks & Repped.

This Troy guy is fast. I just requested a quote and I got an email with the quote within like 3-5 mins. He quoted me $945, with $0 deductible (Platinum Plan) for 7 yr / 100,000 miles for my Toyota Sienna 2007. Dont know how good is that, will have to check with some other names listed in this forums.

UPDATE - Neil from Molle Toyota quoted me $845 for the same plan.

Quote from Coop1979 : You can also request a quote from Troy through WarrantyShack.com - that's how I did mine. http://www.warrantyshack.com

[koam]

Quote from NicNoobie : I didn't want to scroll through 13 pages of stuff, so this may have been discussed. Still, in case it wasn't, I thought I should point out that not all Toyota dealerships will accept the Toyota extended warranty. I did my research last year (7/08) and found that Servco Toyota in Hawaii has their own warranty plan, and will not accept the standard Toyota Extended Warranty. In fact, AFIK, they don't offer the standard Toyota warranty option to their customers. I was also told that if someone imports their Toyota from the mainland (continental states), that they (Servco) will not honor the standard Toyota Extended Warranty. They will only honor their "Servco Toyota" warranty. I just assume that there are other dealerships out there who are pulling the same thing, so I thought other Toyota owners should know. If you decide to purchase a warranty from another state, verify from your local Toyota dealership that they will accept the warranty you are purchasing. This link has add'l info: http://www.intuitive.com/blog/toy...ranty.html I was going to purchase the warranty through: | Neil Hull CIO | | neilh@molletoyota.com | | CELL 785 217 3212 | | Office 816 942 5200 I didn't actually purchase the warranty from him, but I read good things about him from the link above. Good luck if you decide to try it out. NIC

Back in 06 when I bought my Prius and Tacoma from Servco I asked about the extended warranty plans offered by Troy discussed at Priuschat. I met and talked to someone in Servco warranty department in Mapunapuna and was told Servco would not honor the warranty, but after paying out of my pocket for something covered by the plan I could submit the claim myself for reimbursement to one Troy sells. You would have to confirm with Troy if this would be the case. I decided to go with Servco's refundable extended warranty instead so have no first hand knowledge if claims would be honored.

I did seem to get better service on my 91 Truck originally purchased through Servco than my 99 Camry brought over from the mainland.

[kornpopz]

I recently bought a 7yr/75k $0 deductible Platinum Warranty for $559 from Midwest Toyota in Kansas (ph# in the wiki section). I have a 2007 Sienna w/ 29k miles. Sienna seems to be a popular model to extend the warranty on for some reason...No tax/etc since I don't live in Kansas....Kinda iffy about giving cc info to a stranger in another state though...

[ETP]

Quote from A-B : It may be true that you can't buy a warranty from Toyota Financial Services in some states. See this link [toyotafinancial.com] The first question is: What state do you live in? Please note: Toyota Financial Services vehicle protection programs are not available in the following areas: AL, AR, FL, GA, HI, LA, MS, NC, OK, PR, SC, and TX. That being said, I am sure that someone traveling in those states would be able to obtain warranty service and vice versa. There has to be a reciprocal agreement. Hawaii may be a special circumstance since it probably doesn't receive much interstate auto traffic.

OK folks, has anyone did a press to test on this for those states? If I bought in Kansus would it be good in Florida. Also I see Alabama on the list and two dealers that discount this plan in Alabama. What up????

[ETP]

Quote from ETP : OK folks, has anyone did a press to test on this for those states? If I bought in Kansus would it be good in Florida. Also I see Alabama on the list and two dealers that discount this plan in Alabama. What up????

PS, I noticed it says you cannot buy that in Florida but my dealer just offered me one at full price. No discounts as price fixing is allowed. Strange.

[qoncept]

Quote from kny3twalker : why would anyone thumbs down this? This reminds me of buying my parts in PA cause there is no one in Texas that will sell them at a decent price. GM parts that is.....

Really? Extended warranties are the oldest scam in the book. Just what do you think is going to go wrong with your car 1) after the standard warranty is up, 2) before the extended warranty would be up, 3) that wouldn't be part of a recall, 4) that would actually be covered by the warranty and is going to cost more than you paid for the warranty? Me? No thanks.

My wife worked at Toyota Financial Services as a temp for a while. Her ONLY job was to sit there and cancel peoples' extended warranties that wised up after originally buying it. All day, every day.

[sleekwallet]

Quote from qoncept : Really? Extended warranties are the oldest scam in the book. Just what do you think is going to go wrong with your car 1) after the standard warranty is up, 2) before the extended warranty would be up, 3) that wouldn't be part of a recall, 4) that would actually be covered by the warranty and is going to cost more than you paid for the warranty? Me? No thanks. My wife worked at Toyota Financial Services as a temp for a while. Her ONLY job was to sit there and cancel peoples' extended warranties that wised up after originally buying it. All day, every day.

mmmm interesting, can you elaborate a little bit more please? thanks

[qoncept]

I can't give you any numbers but it's pretty common knowledge that extended warranties are a "house game." They don't cover a lot, give you a hassle when something should be covered, etc.

http://www.consumeraffairs.com/ne...ranty.html

[mnsweeps]

Quote from qoncept : I can't give you any numbers but it's pretty common knowledge that extended warranties are a "house game." They don't cover a lot, give you a hassle when something should be covered, etc. http://www.consumeraffairs.com/ne...ranty.html

This may be true for regular warranties but PLATINUM Toyota warranty seems to be covering everything...

[qoncept]

Quote from mnsweeps : This may be true for regular warranties but PLATINUM Toyota warranty seems to be covering everything...

That's the point. They "seem to" but then when you go to have warranty work done, you're left angry and with your wallet open.

Extended warranty company business models are like this: sell a product and then do everything in your power to ensure it remains profitable. There are lots of details that you'd never consider hidden in fine print, including what's covered and what's not, under what circumstance's its covered, and different ways you could void the whole thing. If they can find a single reason to deny your coverage and still keep a straight face, they will try it, and unless you want to take them to small claims court, there isn't much you can do about it.

I'm not saying you couldn't somehow get your money out of it. My cousin bought an extended warranty on her dishwasher, had it refunded and a month later the dishwasher died and needs to be replaced. Probably better to take the money you're planning on spending on an extended warranty and save it or even invest it. Just my (common) opinion.

[waharry]

Quote from qoncept : Really? Extended warranties are the oldest scam in the book. Just what do you think is going to go wrong with your car 1) after the standard warranty is up, 2) before the extended warranty would be up, 3) that wouldn't be part of a recall, 4) that would actually be covered by the warranty and is going to cost more than you paid for the warranty? Me? No thanks. My wife worked at Toyota Financial Services as a temp for a while. Her ONLY job was to sit there and cancel peoples' extended warranties that wised up after originally buying it. All day, every day.

Well, I paid a little over $700 for a warranty that covered the $1500 repair to replace the motor in the sliding door of my 2004 Sienna.