Last post on Apr 11, 2013 at 7:49 PM
You are in the Toyota Sienna
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Toyota Sienna, Car Warranties, Van
#109 of 168 Extended Warranty.
Jun 28, 2010 (10:59 pm)
I got 8 yr / 100K mile extended warranty for $1200 on Sienna LE.
Is that a good deal?
#110 of 168 Re: Toyota Sienna Extended Warranty & Service Offers [07xle4]
Jun 29, 2010 (8:28 am)
I think you should give this to your dealer and ask him/her to provide the same.
Extended warranty is the high margin product/package for dealers and for a car like Toyota they really make a lot of money.
Show the Internet offer and they will give you at the same price.
I got a Sienna 2011 base V6 and got a 8 yr / 100k (MSRP 1800$) at $1000 for Platinum extended warranty.
The dealers' and salesmen have latitude to bring it down to around 40-50%.
You will be surprised that your dealer will buy into the price reduction.
It is better to get the extended warranty from the dealer you buy.
All the best.
#111 of 168 Re: Extended Warranty. [iauto]
Jun 29, 2010 (8:30 am)
I think it is a great deal. It is 33% less than MSRP ($1800).
I got mine with a lot of negotiation for $1000 but I think you did great by bringing it down. If you have any opportunity ask some thing from the dealer in exchange (some freebies)
#112 of 168 2011 Sienna Base V6 model (7 seater)
Jun 29, 2010 (11:57 am)
I got the following offer from the dealer here in Richmond VA
What was offered:
Total MSRP - $26,809.00 ($25500 + 280.00 Carpets + 800.00 Destination + 220.00 Towing Prep)
What I Paid
21,655.23 Base Price
175.00 Towing Prep
23,305.23 Final Price
I also paid $1179 with taxes for 8 yr/ 100k, 0$ deductible extended warranty, $350 for GAP insurance, $440 for 2 year extended maintenance.
All of this I got through a 4.4% financing (0% down).
I did not get much negotiating handle on the warranties, etc as I had many bargains on the vehicle as such.
I want to know if I could have done better.
Jul 01, 2010 (7:17 pm)
OK...so tell me if I am in left field...on my last toyota warranty purchase it was possible to buy as long as the vehicle was under the mileage/months (36K/36mo). SO has something changed? Why would a person buy the extended warranty on a brand new car? Why wouldn't you hold off and use the $ for the next three years, then buy it/ Unless the ability to finance is a must...somebody school me?
#114 of 168 Re: [mastergunnera8]
Jul 02, 2010 (8:08 am)
You are absolutely right (not in the left ). You can buy your extended before the earlier of the 2 warranties (powertrain is 5 years 60k and basic is 3 years 36k) expire.
However, will you get such a sweet deal then for your warranty 3 years down the line? Ask that question to yourself and if the answer is yes then you can defer it.
I am a finance guy so I presume that
PV (future extended warranty price) > $1079 ( the price I paid for 8yr/100k 0 down extended). This means that I will save more by investing on that extended warranty today.
All the best for your warranty search.
Jul 04, 2010 (3:55 am)
Do you get the money back for the "unused portion" with midwest? and what exactly does that mean? - If you don't use it after 8years, you get ALL the money back? Or does the amount diminish over time? I used to have a Honda and paid 1500 , when I traded it in, I was refunded about 750. With Toyota, do you get the whole amount back???
#116 of 168 Re: [mastergunnera8]
Jul 15, 2010 (11:32 am)
Dear "mastergunnera8," that, sir, is the exact point I've been trying to bring to people's attention.
Thanks for being one of the few that "gets it."
#117 of 168 Extended warranty questions.
Jul 24, 2010 (6:34 pm)
Hello Everyone, Two days age I bought a new 2011 Sienna LE. Today I discovered this forum. I wish these events had occurred in reverse order as I would have learned a lot that would have helped me in my purchase. But - that's the way it goes. Excellent forum with good questions and cogent answers. I'm especially interested in the discussion about extended warranties. I bought a Platinum Plan (8yrs. - 75,000 mi.) for $1000. The dealer said it was marked down from his usual price of $2000. But now that I see the plan from Midwest Toyota (8yrs.,100,000 mi.,and $709) I'm considering switching plans but have some questions. Where is Midwest Toyota and how do I contact them? Who do I contact? Somewhere in the forum I thought I read that it's best to buy the Plan from the dealer you bought the car from - true? Thank you for your consideration. John.
#118 of 168 Extended warranty lies
Sep 21, 2010 (12:24 pm)
Hello Everyone, thanks for this forum, and we have decided to cancel the extended warranty.
The dealer sold us 5 yr 80k for $1495. We bought it on $200 costco membership discount if we purchased the same day as the car (2011 Sienna). This is the first lie, as we later found out this price with discount is already $200+ higher than the Toyota's suggested retail price.
The dealer told us we have 30 days to cancel it. This is the second lie. We called Toyota Financial Services and were told that we will have 60 days (in CA) to cancel it once the dealer has submitted into the Toyota's system. Guess what, the dealer has not yet submitted the application when we called. We have plenty of time to cancel it.
Then we called the dealer and told them other Toyota authorized dealers offer much lower price. You already know what they told us: the dealers out of state could not sell you the warranty package reliably. This is the third lie. The Toyota Financial Service told us that we can purchase warranty package from any Toyota dealer, we should shop around, and as long as we purchase it before 3 year and/or 36k miles. Call them for yourself.
Just want to share this to all of you, so you get prepared when you shop. We are glad we can cancel it before too late. We have bought the same "expensive" warranty before(did not discover forum like this one. sigh). Enjoy shopping.