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Toyota Camry Hybrid Extended Warranty & Service Package

205 messages, Last post on Apr 21, 2009 at 7:00 AM
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Replying to: brownie3 (Apr 09, 2007 7:05 pm) |
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Holy macaroni, did I get swindled! Picked up my new car 3 days ago in the midst of a marathon work session, so the dust is just now settling from the whole ordeal. I paid $2495 for the extended warranty, and am going to cancel it in the morning (back of contract says I have 10 days to cancel & get full refund), remove the "kick me" sign from my back, and call around for other prices. Think I'm also going to try to cancel the $299 tire warranty thingamajig. Almost afrad to ask about Lojack - paid $1295. Do I have a "kick me" sign on my forehead, too?
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Replying to: jklcsw (Jun 12, 2007 10:47 pm)
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Replying to: regal1945 (Jun 13, 2007 9:09 am) Thanks for your thoughts, though! |
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So here's what I was offered by a couple of dealers in the neighborhood. I am in the NJ/Pa area. Dealer A: $680 for 5/60K platinum, 0 deductible. Pricey...yes but it comes with a money back guarantee. That is should there be No warranty claim on the car for the warranty period, I would get all $680 back. Supposedly, they have a certificate with the dealer stamp. This sounds like a great deal to me, but is this a scam? Anyone else with such an offer? Dealer B: Prepaid premium maintenance service is $1075 for 4/55K which covers both 5000 mile oil changes and the 15,30,45 K service. According to the dealer, the 15,45K service will cost $199 currently and the 30K will cost $399. What are people really paying for the big maintenance? Are these realistic numbers? Thanks!
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Replying to: jjyang (Jul 11, 2007 4:49 pm) A: What's covered? The car comes with a 3/36K general warranty and 5/60K powertrain coverage already (with hybrid components covered longer). Yep, between years 3 & 4 something not covered might go wrong, but it's unlikely to be anything major, since most major stuff is still covered. And if it's something small, you then have a choice to file a claim and forfeit the refund, or pay up. If you get your money back, their profit comes from having use of your money for 5 years. No scam here, but are you being protected against what you presumably fear, a large repair bill? I don't see it. B: I would review the TCH's recommended service schedule. There are no big maintenance items at 15-30-45K. Other than changing the cabin and engine air filter at 30K, all the services are little more than an oil change and tire rotation. My dealer charges $28 for an oil change. I'll do the tire rotation every other oil change.
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Replying to: jjyang (Jul 11, 2007 4:49 pm) I've seen some pay 1000+ for this but I thought it was for a much longer period. My 15K and 30K services did not cost $199.
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Replying to: wvgasguy (Jul 12, 2007 9:22 am) The prepaid service sounds unappealing indeed especially if maintenance cost are not supposed to be that high. I'll have to do some more checking on cost around my neighboorhood. If you can, please provide me with details of your dealership. Perhaps, they are willing to sell the prepaid service for less.
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Replying to: lzc (Jul 11, 2007 6:03 pm)
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Replying to: jjyang (Jul 13, 2007 6:08 pm) As to the TCH, what's different about it is its hybrid components. But they're covered far longer than the warranty you were considering. My TCH is 9 months old. It's been in for one warranty repair: squeaky brakes. The dealer had a technical service bulletin on the problem and it was corrected within 1 hour. Otherwise, the car has met all my expectations. If the fear of an out-of-warranty repair is high, then an extended warranty plan may be worth the money. Just make sure it covers what you're concerned about. Good luck. |
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