How much should I pay for a Toyota extended warranty?

How much should I pay for a Toyota extended warranty?

between $1,000 and $1,500
Estimates suggest that a Toyota extended warranty will cost between $1,000 and $1,500 when purchased from the dealer. This price generally gets wrapped up in your financing, so you end up paying interest on it. With a third-party provider, the absence of interest will help to lower your cost.

How much should I pay for Toyota platinum warranty?

$1,500 and $2,500
Based on customer reports online, you can expect to pay anywhere from $1,500 and $2,500 for eight years of Platinum protection, which is the most comprehensive Toyota extended warranty.

Can I negotiate the price of extended warranty?

It’s important to note that dealers will markup the price by as much as 200%, so you should ALWAYS negotiate the price of an extended warranty. When the finance manager gives you a quote, just tell them it’s way too expensive and you’re not interested at that price, but if they can do better, you’ll consider.

Can you buy an extended warranty from Toyota?

You can purchase a Toyota extended warranty anytime before the factory warranty expires at 3 years/36,000 miles, whichever comes first. You can also purchase a third-party warranty plan after your Toyota factory warranty expires.

Does Toyota have a 10 year warranty?

Yes. Toyota extended warranties will cover your vehicle for up to 10 years or 125,000 miles, whichever comes first. Toyota offers three warranty plans for new and used Toyotas. You can get bumper-to-bumper coverage or basic coverage for your Toyota’s essential parts and systems.

Can you cancel Toyota Extra Care?

Cancellation: You can cancel ToyotaCare Plus within 30 days after the expiration of the manufacturer’s maintenance program for a full refund if no benefits have been paid. If benefits have been paid, or if you are canceling after this point, please ask your dealer or refer to your agreement.

What is Toyota Extra Care Protection?

Every eligible new Toyota comes with a maintenance plan1 that covers the vehicle for 2 years or 25,000 miles, whichever comes first. ToyotaCare Plus2 offers longer protection for up to 4 years or 45,000 miles from the date of first use, whichever comes first.

What is Toyota’s Platinum package?

The Toyota Platinum Warranty is the highest level of electrical, mechanical breakdown protection offered by Toyota. ​The plan pays parts and labor for repairs on the engine, transmission, computer, air conditioning, radiator, fuel system, steering, suspension, electrical, and all other parts not on the exclusion list.

What is a fair price for an extended car warranty?

What’s The Average Extended Car Warranty Cost? Based on our research, the average extended car warranty cost is about $2,550, though it can range from $1,000 to $4,500 or more depending on the plan.

How do I get the best deal on extended warranty?

Begin by getting quotes from at least two sources. Call local dealerships, speak with the finance and insurance managers, and ask what they charge for the extended warranty that you’re interested in buying. Dealers quote different prices, but once you have a few answers, you’ll know roughly what the going rate is.

Are tires covered under Toyota new car warranty?

It’s also worth noting that tires are not covered by Toyota’s factory warranty and are instead covered by the tiremaker. The ToyotaCare No Cost Maintenance Plan provides added incentive to new Toyota drivers by covering maintenance costs for 2 years/25,000 miles and free roadside service for 2 years/unlimited mileage.

Is Toyota Extra Care refundable?

Are tires covered under Toyota warranty?

How long is Toyota Extra Care Platinum?

Platinum Protection The Platinum Toyota extended warranty provides coverage for your vehicle in different increments up to 10 years/125,000 miles. If your Toyota is used, term lengths aren’t as generous and max out at five years/60,000 miles. The plan comes with unlimited towing to the nearest Toyota dealership.

Is it worth getting an extended warranty on a new car?

If you keep or lease your car for less than the length of your factory coverage, you do not — repeat, do not — need an extended warranty. If you plan on keeping your car until the wheels fall off, you might consider buying an extended warranty to cover repairs in the car’s fifth and sixth year or longer.

Does extended warranty cover engine replacement?

Exactly what an extended warranty covers depends on the type of warranty that you choose. But in general, extended warranties cover the critical mechanical parts of your vehicle, including the engine, transmission, axles, and gaskets.

Do car dealers negotiate on extended warranty?

Dealerships generally mark up the cost of an extended warranty, so there’s room for negotiation. Factory-backed extended warranties are honored at any of the manufacturer’s dealerships nationwide. Call different dealers to compare price quotes on extended warranties.

Does Toyota warranty cover alignment?

Basic Warranty This coverage lasts for the first 36 months or 36,000 miles you own your Toyota. The only exception to this is the wheel alignment and wheel balancing which is covered for either the first 12 months or 12,000 miles of your car, whichever occurs first.

Can I cancel my Toyota Extra Care?

Does Toyota Care cover Cabin Air Filter?

Maintenance Services ToyotaCare Plus extends protection for up to 4 years or 45,000 miles from the date of first use and covers factory recommended maintenance for your 30,000, 35,000, 40,000, and 45,000 mile service intervals. Services include: Engine oil and filter change. Cabin air filter.