Last post on Jul 06, 2013 at 3:20 AM
You are in the Toyota 4Runner
What is this discussion about?
Toyota 4Runner, SUV
#8425 of 11429 I'll try again...
Nov 07, 2003 (8:39 pm)
This board is a great source of info for everything that has to do with the investigation, purchase and maintenance of a 4runner. That is why I value the opinion of the folks who take their valuable time to post facts and/or opinions. That being said, I would like to ask, once more, who has purchased or had considered purchasing an extended warranty. I am considering the Platinum 7 yr/100,000 warranty from Toyota. The dealership will sell it for $1370. I called a different dealership and they said it would cost me $2000 (granted, I didn't buy the vehicle there, so they were not very aggressive in the pricing)! The obvious question is how long do you plan on keeping the vehicle. I am not asking for anyone to make a decision for me, just input and experiences. Thanks again.
Nov 07, 2003 (9:10 pm)
Here's my thoughts on it-these are just my opinions and not facts:
1.Extended warranties are smarter on cars with historically worse than avg reliability.
The 4 Runner is a solid product and the only real costs would be regular maintence. 7/100 sounds good on paper but realistically I don't think 4 Runners need any serious work until after 100K, just my opinion.
2. If there was some defect or mechanical problem, I imagine it would happen within the normal factory warranty period.
3. If you do get a extended, make sure it is a Toyota factory warranty and not a fly by night operation.
4. There are dealers that sell factory warranties online for much cheaper. I lost the link but someone posted one a long time ago.
5. If you put that $1370-$2000 into a 10yr savings, bond or that type of thing- you would have enough money to cover any mechanical mishap that came along plus enough for a burger and, heck, supersize it for the mrs.
#8427 of 11429 It goes without saying that
Nov 08, 2003 (5:42 am)
the dealers and Toyota are making a handsome profit on extended warranties. They wouldn't be selling them otherwise. But the same could be said about any insurance product on the market, whether it's health insurance or home insurance. So, the real question is how long you plan on keeping your car and whether you want to take the risk (however small) that between the expiration of the factory warranty and the expiration of the extended warranty some major mechanical failure(s) would happen which would justify purchasing an extended warranty
#8428 of 11429 grubbs1 & terrafirma re extended warranties
Nov 08, 2003 (5:45 am)
my wife & I are buying a 2004 sr5 4x4 here in northern new jersey;see post # 8417; tx steve for your reply re incentives; we bought the platinum warrantee for 7yrs/75m miles given the mileage we drive.
the way i see it you're spending your hard earned money buying this car and hopefully you won't need to use the warrantee ; but what your buying is peace of mind.
you can see on toyota website the suggested prices
for the warantees; but the dealers are not held to those prices;they can discount or not if they wish. we bot the 7/75 for $1250. the dealer would not go lower.
terrafirma - fyi - interest rates on us treasuries are currently yielding around 5%;
5% return over 10 years lets say $2000 is not a lot.
what is peace of mind worth to you on a car you buy. that is really in my opinion what the warrantee represents.
#8429 of 11429 Extended Warranty
Nov 08, 2003 (6:40 am)
Try toyotawarranty.com for pricing information on extended warranties. Even if you have no intention of getting it from this website, you can use it as a negotiating tool to get a lower price from the dealer. Also keep in mind that you can purchase the extended warranty at any time prior to the manufacturer's warranty expiring. Good luck!
#8430 of 11429 extended warranty
Nov 08, 2003 (7:24 am)
I agree with the post that suggests the Ext Warr. for cars known for unreliability. I sold a Land Rover Discovery w/EW to a co-worker before the factory warranty expired. He used that warranty to death, and was sure glad he had it. Other private party buyers always seem eager that the car has it, too, so maybe it's a decent resale investment. I notice, however, that when I trade in a vehicle w/EW, the dealer I'm trading to could care less that a transferable warranty goes with the car. He's going to try to sell a new warranty anyway, I think. I didn't buy the EW with this truck. Maybe I'll add one later if I see a pattern of big problems (on these boards)as time goes by.
Stephend2, thanks for the trailer harness adapter info.
P.S. 2000 miles on my V8 Sport, and I'm getting a consistant 21-22 mph freeway only (in-dash computer readout;optomistic, I know), and 13-15 mpg city only. I live in SF; there's a traffic light or stop sign or crowd every 2 blocks or so, and plenty of hills...I couldn't be happier with these numbers from a fairly heavy truck with a V8- Good job, Toyota!!!
Nov 08, 2003 (7:56 am)
FYI, my dealer, Southbay Toyota, offered me the extended warranty for $650 when I purchased my 4Runner. I think that is the lowest price I heard of.
My thoughts on the warranty: it's gambling. You bet up front that something will go wrong during the period for which you purchased coverage. I personally don't think I have enough information to make that bet intelligently, so I pass on it. I presume Toyota knows more about the future costs of repairs than I do, and they would not offer the bet if they were not going to make money from it. I just wouldn't bet against Toyota on their own product.
Nov 08, 2003 (10:04 am)
This is what I do for a living. Personally, I think they are worth while if you can get it for a decent price. The 7/100 Platinum plan has a retail price of $1425 and the 7/75 is $1150. If you shop around, you can get them for less than that. You don't need to buy it from your selling dealer. E-mail other dealers and see what kind of price quotes you can get.
#8433 of 11429 2003 4Runners (cont'd)
Nov 08, 2003 (10:34 am)
Not for nothing, I went to another Toyota dealer in Rockville. They have a black V6 Sport with cladding that lists for $31k. Pretty vehicle. So there are still some out there. This one had the original sticker still attached.
#8434 of 11429 Great SUV or not?
Nov 08, 2003 (2:57 pm)
I have special-ordered a 2004 4Runner V8 Limited, which should be getting here in 2-3 months. With respect to the sulphur smell, it seems to bother different owners very differently, or maybe it occurs in varying degrees depending on the specific vehicle. While most comments I read on this board seem to indicate this is a slight, infrequent annoyance, the comments in other discussion groups are a lot more concerning.
My only experience with the smell was while test-driven a 2003 model and really flooring it. Soon thereafter, while stopped at a light, I noticed the strong smell, and it went away as soon as I got the car moving again. I test drove the car 4-5 other times, and noticed no smell.
Would you please let me know whether the smell is something to worry much about? How frequently does it happen? Does it happen only when you rev up the engine to an extreme, only when the car is stopped, etc?
Bottom line: should I cancel the order or should I look forward to owning a great SUV?
Thanks a lot in advance.