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Extended Warranty - Toyota Extra Care

84 messages, Last post on Nov 17, 2009 at 9:37 AM
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Hi - I am researching whether this platinum plan is really worth getting on my new highlander. I haven't closed the deal at the dealership on the new car, but they really want to sell it to us. My question is, can I purchase this warranty at a later date? I believe my dealer said I could, but that it would be more expensive. True? The quote given was $1350 for 7yrs/75k miles or $1650 for 7yrs/100k miles. As I research what others have posted on this board, I see the dealer is getting a high profit margin. Is this just another tactic for the dealer to squeeze more money out of you? |
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I have been struggling with both of these, together they cost an extra 2800.00. Yes I was pressured into them. I have been doing research and asking mechanics what they think. Most say get rid of em and put money in the bank. These plans are ways for the finance depts to make a profit off of us by trying to scare us into thinking something "bad" is going to happen but they will be there for us. HA! What do u think out there?
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Replying to: karen marie (Feb 09, 2009 8:47 pm) Since then, I have received a few emails sharing similar experiences. It is clear that some dealers are using this trick to con us in spending more money, by trying to scare us. Recently, I accompanied a friend when he went in to buy a Tacoma truck. Based on price searches done on the internet, the dealer did give him a good price. Sure enough, he was "encouraged" to protect his investment with an extended warranty. I saved my friend over $1600 by buying from an out-of-state dealer. It's the same warranty - just from another Toyota dealer from another state. I did not buy GAP insurance, just the Extended Warranty. It makes me mad that these sharks are out there taking advantage of their customers. henry
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Replying to: highlanderhyb (Feb 09, 2009 11:13 pm) John
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Replying to: jhorn (Feb 17, 2009 2:30 pm) http://www.bernardiwarranty.com/Departments/Toyota-Extra-Care.aspx
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Replying to: EandOH (Feb 17, 2009 4:34 pm) John
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Replying to: jhorn (Feb 19, 2009 5:52 am) Hope this info helps. You can also read some threads about them over on the Acura MDX forum (my other choice in a new car). Good luck to you. |
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| I got four quotes on a 6-year/75,000 miles Platinum Extended Care warranty on my 2006 4wd Toyota Highlander. The highest was $910 plus tax from a Connecticut dealer. Toyota of Greenfield was $615. Bernardi was $585. The best deal: Midwest Superstore at $474. The whole thing took less than 5 minutes. | |
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