Last post on Nov 08, 2013 at 6:54 AM
You are in the Toyota Camry Hybrid
What is this discussion about?
Toyota Camry, Hybrid Cars, Sedan
#175 of 211 tch extended warranty
Aug 04, 2008 (11:15 pm)
Just purchased an 07 Camry Hybrid with only 3300 miles on it, dealer offered six additional years (2014) of Platinum warranty for $1450. After reading some of your comments it would seem that Midwest Toyota deal is much better. Toyota of Dublin, CA states that the insurance from Kansas would not necessarily be valid in CA. As a new owner of a Toyota, and not familiar with warranties, HELP please and advise. I have only two days to decide
#176 of 211 Re: tch extended warranty [papahayes]
Aug 05, 2008 (3:10 am)
Your dealer is stating that I as a TCH owner who purchased an authorized Toyota warranty from another state would not be covered if I were traveling through your state and had a break down. Tommy Rot~! The authorized Toyota warranties are valid at any Toyota dealer. He is trying to get MONEY! Decline, buy Midwest, I did.
#177 of 211 tch warranty pricing
Aug 05, 2008 (5:56 am)
marshalltoyota.com has recently built a warranties section into their homepage, samll texas dealer looking to sell more warranties...useful information along with a quote request, they have said they will match / beat prices...
#178 of 211 Re: tch extended warranty [papahayes]
Aug 05, 2008 (11:13 am)
I, too, was told the same baloney, but I called Toyota Financial and they said that a Toyota Extended Warranty sold by ANY dealer, in ANY state, would be valid in ANY state in the United States.
#180 of 211 Extended Warranty
Sep 29, 2008 (10:05 am)
Reading thru previous messages, the price quotes from Midwest Toyota seemed too good to be true. After first verifying with Toyota Financial that the extended warranty could be purchased anytime withing the original warranty period and from any dealer nationwide, I called Midwest and verified the prices in previous posts.
The salesman said the reason they could sell the extended warranty so cheaply was that they used the proceeds to offset any previously sold warranties that are turned in. Huh? Well, it turns out that people who purchase the extended warranty, and then decide to trade the car in within the original warranty, get back most if not all of the cost of the extended warranty, and this "rebate" is levied against the dealer selling the extended warranty. He also said that, for purchasers outside their dealership area (greater Hutchison area), they sell the extended warranty at cost (I bet they make a small profit).
To summarize, they make their money selling it at a higher price in the Hutchison area, and hedge any potential refund by selling( over the phone) offsetting policies at cost.
I will pick up my new Camry Hybrid this afternoon, will politely decline the "generous" offer from the dealer, and call Midwest Toyota. BTW - there is no way to get the extended warranty online from Midwest.
#181 of 211 Re: Extended Warranty [cschooler2]
Sep 29, 2008 (5:05 pm)
When I called and discussed this same thing, he told me they make something like $45 per warranty, but they sell so many that its well worth the effort.
I bought my Camry Hybrid here in NH, was quoted more than twice the price for the warranty at my local dealer. So I declined and bought it from Midwest over the phone. This was in July.
#182 of 211 Re: Extended Warranty [saz25]
Sep 30, 2008 (7:08 am)
Just my 2 cents worth from upstate NY....
Ordered my 2009 TCH last May, arrived last Thursday. When ordering, dealer offered me the extended warranty for $1900. I declined. When picking up the car, they said there was a sale on and I could get it for $1100. I declined. Yesterday I called Midwest and bought the premium plan (7/75000 with zero ded) for $619. Transaction was simple, give them your VIN and a credit card number and you'll get your policy via the mail.
#183 of 211 Re: Extended Warranty [cmsgtz]
Sep 30, 2008 (1:30 pm)
I'm still keeping my fingers crossed. I passed on the extended warranty and am approaching 60,000 miles on my 07TCH with no problems. I might have considered a 100,000 mile warranty, but 75,000 was only three years of driving for me and just was not that much more than the 60,000 mile factory for me to worry about.
#184 of 211 Re: Extended Warranty
Oct 08, 2008 (4:24 pm)
I too called Midwest this morning and ordered a Platinum Protection Plan for my '07 Hybrid. I have 35,000 miles on my car and decided to bite the bullet and get it, just in case. I picked up the 7 / 100,000 plan for $964. Hmm, I didn't think to ask but I hope that was for a $0 deductible...
For those interested in buying one too, here are the two prices I was quoted:
6 / 100,000 - $799
7 / 100,000 - $964