Partner content: This content was created by a business partner of Dow Jones and researched and written independently of the MarketWatch newsroom. This warranty covers repairs on the original body panels if they rust. Can they be negotiated down. The L/Certified Limited Warranty offers many of the coverage benefits and privileges new-car buyers receive. Extra Care Protection | Parts & Service | Lexus Canada The chart below shows a detailed breakdown of Lexus reliability, according to RepairPal. Every new Lexus vehicle is backed by a limited Lexus manufacturer warranty coverage for 48 months or 50,000 miles. Protection up to 36 months or 50,000 km. What warranty coverage do I have on my new Lexus vehicle? When deciding whether to purchase a Lexus extended warranty, you should also consider your Lexus factory plan. Drivers reported paying between $2,000 and $3,300 for 5-year/unlimited-mile Platinum extended service contracts. American Dream Auto Protect. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical breakdown of a covered component. One of the biggest extended car warranty service brokers offering over 15 coverages. How much should I pay for a Lexus vehicle service agreement? Lexus offers standard extended warranty options, and the manufacturers Platinum plan can give drivers comprehensive coverage at a reasonable price. What does the Lexus Certified warranty cover? However, for customers who want to guard against the possibility of a potentially pricey repair, an extended warranty can bring peace of mind. Well give you a quick overview of what each company provides below. Original equipment tires damaged by road hazards are covered under the Tire Road Hazard Protection warranty. : Comparing providers can be difficult due to the many factors that influence cost. The company has also received numerous featured spots on popular networks such as TBS, ESPN, and HGTV. , Lexus basic and powertrain warranty lengths are slightly longer than standard factory-backed warranties. If you want to compare all three Lexus vehicle service contracts, the table below lists the various extended warranty plans and the components covered by each one. The L/Certified warranty includes both bumper-to-bumper and powertrain coverage, and it gives owners complimentary maintenance for 2 years/20,000 miles. Pleasesee your dealerfor state-specific cancellation policies. Copyright Lexus Financial Services. Lexus offers three extended warranty plans and can last up to 10 years. If bills from these repairs would leave you financially strained, an extended warranty may be one way to finance repair costs. More Frequently Asked Questions. Platinum Auto Warranty Review (2023) - AutoGuide.com There are three levels of coverage, called Extra Care plans. Copyright 2023 MarketWatch, Inc. All rights reserved. Numerous third-party providers offer affordable extended warranty plans for Lexus that are often more flexible than what youll find at the dealership. The most basic extended warranty coverage offered by Lexus is its Powertrain protection plan. The Lexus hybrid battery also has a 10-year/150,000-mile warranty on all 2020 and newer models. The most extensive Lexus plan, covering the majority of mechanical breakdowns, Includes powertrain coverage along with protection for parts like the climate control, steering, fuel system, brakes and more, Covers just the powertrain, including the transmission, axle assembly and engine components. If you dont need your warranty to last that long, save money by selecting a shorter time frame. Fidelity Warranty Services earns a 3.6-star rating (out of 5) on Google reviews. : While many third-party providers offer flexible payment plans, you wont have to worry about being charged interest. Even though the Lexus extended warranty is fairly comprehensive when it comes to replacing parts that have failed due to defects in materials or workmanship, it doesnt cover everything. What warranty coverage do I have on my new Lexus vehicle? Deductible applies to each eligible repair visit. Many luxury vehicles are expensive to maintain because they often require extensive servicing and specialty components. How Much Does the Lexus Extended Warranty Cost? Lexus offers three extended warranties that last as long as 7 years/unlimited miles. Is it worth buying the Lexus extended warranty? You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). You learn more about your basic coverage and other options by reading the information below. What parts are included in a Lexus Platinum extended warranty? Optional MaxCare extended service plans [1] 3.8 million+ customers since 2009. Coverage is available 24 hours a day, 365 days a year within the continental US and Canada, while your agreement is active. Lexus factory warranties include a bumper-to-bumper plan, a powertrain warranty, a hybrid warranty, corrosion protection, and a service protection plan. Endurance vehicle service contracts extend over 200,000 miles and come in five coverage levels. The final premium depends on what model vehicle you drive, its age, and the deductible you select. Lexus Warranty & Coverage | Parts & Service | Lexus Canada Aside from the coverage provided when you purchase a new vehicle, drivers can pick up a. . Which plan is right for me? | Lexus Financial Cover the costs for mechanical breakdown after your vehicle's factory warranty expires, including many parts not covered in our Powertrain plan. There is a maximum of 4 days over the life of your agreement. Ineligible vehicles include taxis, shuttle, commuter, municipal, professional, medical, emergency or police vehicles, salvage vehicles, all vehicles used or to be used for competitive driving or racing, vehicles used or to be used for plowing snow or towing a trailer in a manner exceeding manufacturer's recommendations, and all vehicles to be held by the purchaser or lessee for hire to the public or for hire to any persons not affiliated with the vehicle purchaser or lessee. Fidelity Extended Warranty Review - Car Talk Lexus extended warranty plans include: Powertrain, Gold, and Platinum. How to Find Out If Your Lexus is Still Under Warranty. Below are common questions asked by Lexus owners regarding extended warranties for Lexus. Lexus Warranty Coverage Guide [Factory & Extended Warranty] All plans include 24/7 roadside assistance and rental car reimbursement. The company boasts accreditation and an A+ rating from the BBB. . Lexus cars must pass a 161-point inspection to qualify for CPO status and come with a 2-year/unlimited-mile warranty that starts at the end of the Basic Warranty or the date of sale if the factory coverage has already expired. Book Service Appointment Coverage Details It ranked sixth out of 32 car manufacturers in J.D. Heres a list of some exclusions outlined in the vehicle service agreement: Also, all covered repairs must be completed at Lexus dealerships or brand-certified auto shops. , also known as a vehicle service agreement, protects your investment for many years after the manufacturers warranty expires. Access to our nationwide service network, with service by Lexus factory-trained technicians. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. Just look at these common repairs: While the Lexus extended warranty may seem convenient, you could end up saving by shopping around. Editorial Note: This content was researched and produced by Motor1.coms expert review team. CARCHEX is one of the top third-party warranty companies with flexible options for Lexus vehicles. With over 50,000 ASE-certified mechanics nationwide and 24/7 customer service, you can rest assured that we've covered you. Our review team sifts through customer reviews and complaints from reputable sources such as the Better Business Bureau (BBB) and Trustpilot. Of the $2,900 you are being asked to pay, I doubt that even $1,000 of it will go to the company underwriting the warranty. Below is a table showing each plan and corresponding coverage terms. If you buy a used vehicle, you can add coverage at any point before your car reaches 9 years/125,000 miles. Privacy Notice, and CARCHEX partners with and is endorsed by known industry brands, such as Kelley Blue Book, SiriusXM, CARFAX, and Edmunds.com, so you can feel comfortable knowing youre working with a reputable company. Knowing what is and is not covered by the Lexus warranty can help you save hundreds or even thousands of dollars on repair costs. Thank you so much Jerry Johnson Jerry Johnson Warranty Manager Midwest Toyota Midwest Ford Give yourself and your previously-owned Lexus the highest level of VSA protection. How Much Does a Lexus Extended Warranty Cost? Should You Get a Lexus Extended Warranty? | GetJerry.com It may also factor in whether you purchased the car used or new. Our review team has spent hundreds of hours researching car warranty companies to help consumers choose the best coverage for their vehicles. At login, we collect and store data about your device (i.e. Benefits of a Third-Party Warranty for Your Lexus, Covers powertrain components like the engine, transmission case, transaxle, and transfer case. You also have the option to cancel your Lexus extended warranty. Deductible applies to each eligible repair visit. Call us at 1-800-255-3987. After careful consideration, we found that its usually better to purchase a Lexus vehicle service contract from, Buy Lexus Extended Warranty Online: Recommendations, We recommend getting at least three extended warranty quotes in order to compare and contrast your coverage and price options. Power 2022 U.S. Plans feature $0 or $100 deductible options. When considering that Lexus parts cost more than most brands, just think about what that bill might look like. It is only available for vehicles that are between 10 and 15 years old and/or 100,000 . Powertrain Warranty-6 years/70,000 miles. The price range for the Lexus extended warranty ranges between $2,800-$3,000. Coverage includes oil and filter changes, 2 multi-point inspections, tire rotations, and any additional services included in the Scheduled Maintenance Log of your Lexus Warranty and Services Guide, under normal driving conditions. Like most manufacturer warranties, the Lexus warranty is divided into several individual warranties, the most notable of which are a basic bumper-to-bumper warranty that lasts 4 years/50,000 miles and a powertrain warranty that lasts 6 years/70,000 miles. This warranty is directly from Toyota and any warranty work will need to be done at your Toyota dealer or any Toyota dealer in your state or any state in the USA or Canada Please feel free to give me a call I would be happy to go over the warranty with you. For the Silver powertrain plan with 6 years/100,000 miles of coverage, we were quoted $182.78 for 18 months with a $100 deductible. , and was second only to Genesis in the premium segment. Customer service is an area where CARCHEX stands out from other providers. PDF LFS VSA Platinum eBrochure - Lexus Financial | Lexus Financial Its helpful to do your own research by calling around and getting quotes. Valid receipts will be required for reimbursement. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. Read the fine print to ensure you dont have to take the vehicle somewhere in particular. Lexus Model: LS400. Lexus Extended Warranty Prices Mar 2023 Lexus scores very well for reliability. Deductible applies to each eligible repair visit. Premiere protection for eligible component groups in your L/Certified vehicle. Well give you a quick overview of what each company provides below. Ineligible vehicles include taxis, shuttle, commuter, professional, emergency or police vehicles, salvage vehicles, all vehicles used or to be used for competitive driving or racing, vehicles used or to be used for plowing snow or towing a trailer in a manner exceeding manufacturer's recommendations, and all vehicles to be held by the purchaser or lessee for hire to the public or for hire to any persons not affiliated with the vehicle purchaser or lessee. Ineligible vehicles include taxis, shuttle, commuter, professional, emergency or police vehicles, salvage vehicles, all vehicles used or to be used for competitive driving or racing, vehicles used or to be used for plowing snow or towing a trailer in a manner exceeding manufacturer's recommendations, and all vehicles to be held by the purchaser or lessee for hire to the public or for hire to any persons not affiliated with the vehicle purchaser or lessee. There are three levels of coverage, called Extra Care plans. You dont want to get caught paying for repairs and waiting for reimbursement. Lexus Extended Warranty: Cost & Coverage Plans | Motor1.com $0 or $100 disappearing deductible per eligible repair visit. Call us at1-800-448-1505 to get prior approval. Vehicle extended warranties are very profitable for car dealers. All plans cover vehicles for up to 4 years/50,000 miles, whichever comes first. Ineligible vehicles include taxis, shuttle, commuter, municipal, professional, medical, emergency or police vehicles, salvage vehicles, all vehicles used or to be used for competitive driving or racing, vehicles used or to be used for plowing snow or towing a trailer in a manner exceeding manufacturer's recommendations, and all vehicles to be held by the purchaser or lessee for hire to the public or for hire to any persons not affiliated with the vehicle purchaser or lessee. : Buying an extended warranty from the manufacturer usually tethers you to dealerships for repairs. Limited time offer: Get $300 off with code SAVE300, Get Started for $99 + Get $400 OFF with code 'Get400', This article will answer these questions and more. Learn More. The deductible is the dollar amount you pay for authorized claims related to a single repair visit. Additionally, Lexus will provide a loaner car if repairs will take over eight hours. When we called CARCHEX with questions, the representatives were friendly and didnt pressure us to buy. Companies receive a score out of 5.0 overall, as well as a rating in each of the following categories: AutoGuide reviewed the top extended auto warranty companies to find the best. Valid receipts will be required for reimbursement. Extended warranties can stretch up to 300,000 miles, which makes them good for . With all of the coverage options, except for the Silver and Bronze plans, you can get coverage for a maximum of 10 years. What is covered under the Lexus extended warranty? Time and mileage coverage periods are measured from the date the vehicle was first put into service as a new vehicle and zero miles. Links in this article may result in us earning a commission but do not impact our advice or recommendations. For security purposes, your session is about to end due to inactivity. Your online account access will be available shortly. Platinum Auto Warranty works with extended warranty companies that can cover your vehicle from costly car repairs, including mechanical, electrical, and technological repairs. Available before or after financing or lease. However, quotes can vary widely based on several factors, so its best to contact Endurance to get an idea of what a plan would cost you. It is certainly worth looking into third-party alternatives to find the best price, but a Lexus extended warranty is likely a safe bet. You also dont have to pay interest on an extended warranty if youre financing. Lexus offers $0 and $100 deductibles, and the option you choose will impact your final price. Endurance also holds a prestigious partnership with Andretti Motorsports, one of the most successful auto racing companies in the world. : Our research team reviews sample quotes for a variety of plans and vehicles. , which is one of the main reasons to consider adding a Lexus extended warranty after your factory coverage expires. A Lexus extended warranty may be a good idea, especially given that the Lexus factory warranty expires after only a few years. Compared to other manufacturer warranties, the Lexus warranty offers standard coverage. Lexus Extra Care Platinum This tier is the highest and covers everything the other two tiers do as well as additional components like pedals and door handles.

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