lexus platinum extended warranty coverage lexus platinum extended warranty coverage

We like these providers due to their low costs, coverage options, customer service, industry standing, and additional perks. RepairPal collects driver-reported data to determine reliability scores for many vehicle manufacturers. If you are interested in independent coverage, our team of experts recommends Endurance. All of these are outlined in your Lexus vehicle service agreement. Coverage can be selected for cars up to 8 years/200,000+ miles. For the Supreme plan with the same term limit, we were quoted $97.22 for 36 months with a $100 deductible. Car warranties are intended to act as guarantees that an automaker has produced a quality product. If you go against this, your repair wont be covered, or you might void your warranty. All you will be responsible for is the deductible. Tire & Wheel Protection has no limits to the amount of structural damage claims during the time of your agreement. There are several benefits from, : Visit any authorized repair shop instead of taking your Lexus to the dealership for repairs. An extended warranty can keep you from paying for unexpected repairs, but the reputation of Lexus as a dependable brand could mean youre fine without extra coverage. Available during or after financing or lease. Your vehicles reliability and your personal finances are among the most important considerations when youre deciding whether to purchase Lexus extended warranty coverage. Call us at1-800-448-1505 to get prior approval. You can transfer this Lexus coverage one time at no cost, as long as its from the cars original owner to a private party. 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. Endurance currently has a 4.0-star rating from Trustpilot, with over 5,600 reviews. Aside from the coverage provided when you purchase a new vehicle, drivers can pick up a. . The vehicle repair cost estimation website RepairPal figures the annual repair cost for the brand is $551 per year, which is about $100 below the industry average. Roadside Assistance services provided by Automobile Association of America (AAA) and its affiliated clubs. Coverage for high-mileage vehicles with a fairly extensive inclusion list that focuses on the powertrain, : Endurances most basic auto warranty that only covers parts of the powertrain, : Mid-level warranty with a short waiting period of only 30 days/1,000 miles, : High-tier comprehensive plan provides coverage for hundreds of listed parts, : Endurances exclusionary, bumper-to-bumper warranty, : Combines component coverage with coverage for maintenance items such as oil changes, brake pad replacements, and tire rotations. The Lexus hybrid battery also has a 10-year/150,000-mile warranty on all 2020 and newer models. These warranties are transferable and can be canceled within 30 days for a full refund, minus a $50 processing fee. Copyright 2023 Motor1.com. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. Lexus Basic Warranty-4 years/50,000 miles. Electric Vehicle ; Autos ; Reviews ; Acura; Alfa Romeo; AMC; Apollo; Apple Car; Aston Martin; Audi Call us at1-800-448-1505to get prior approval. With over 20 years of industry experience, the company understands the ins and outs of the industry. The vehicle repair cost estimation website. Subscriber Agreement & Terms of Use, Like the. Lookup Safety Recalls & Service Campaigns. Wheel alignment and balancing are covered for 12 months or 12,000 miles, whichever occurs first. No matter what company you choose, it pays to read the terms carefully, so you understand exactly whats covered and not covered. Vehicle Service Contract Coverages Platinum: available for vehicles with 150,000 miles or fewer Gold: available for vehicles with 180,000 miles or fewer Silver: available for vehicles with 200,000 miles or fewer Powertrain (only): available for vehicles with 150,000 miles or fewer Engine: available for vehicles with 150,000 miles or fewer An extended. We recommend getting at least three extended warranty quotes in order to compare and contrast your coverage and price options. Among the many companies that provide extended warranties, three of our top choices for Lexus vehicles are. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. Each level has several plan options, with 16 contracts in total. To get a Lexus extended warranty quote, contact your local Lexus dealer and keep in mind that costs may be negotiable. If bills from these repairs would leave you financially strained, an extended warranty may be one way to finance repair costs. 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. Lexus warranty service is performed by Lexus-trained technicians using Lexus Genuine parts, and is available at any Lexus Dealership in North America. This warranty covers repairs on the original body panels if they rust. Powertrain Warranty-6 years/70,000 miles. Tire & Wheel . Lexus will repair or replace original body panels that rust from the inside out within the first six years of ownership. Although theyre shorter than some of the best new car warranties, Lexus basic and powertrain warranty lengths are slightly longer than standard factory-backed warranties. : While many third-party providers offer flexible payment plans, you wont have to worry about being charged interest. . 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. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical breakdown of a covered component. Reputable extended car warranty companies offer several benefits over a manufacturer extended warranty, such as: If a third-party extended warranty interests you, start comparing free quotes from reputable extended car warranty providers likeEndurance, CARCHEX, and Protect My Carthe industrys top providersusing the buttons below. Benefits Of A Third-Party Extended Car Warranty, 1-year/12,000-mile wheel alignment and balancing warranty. Lexus owners can purchase an extended Lexus warranty for any vehicle that is fewer than four years old and has less than 50,000 miles on the odometer. , which is one of the main reasons to consider adding a Lexus extended warranty after your factory coverage expires. The three extended warranty plans offered by Lexus come with various levels of coverage for component parts and systems. Get exceptional coverage from the premiere vehicle service agreement for new Lexus vehicles, including repair costs for mechanical breakdown and parts after your vehicle's factory warranty expires. Cover the costs for mechanical breakdown after your vehicle's factory warranty expires, including many that can be costly to repair. Learn More. Lexus extended warranty plans are available for new vehicles up to four years old and with fewer than 50,000 miles. The chart below shows a detailed breakdown of Lexus reliability, according to RepairPal. All plans cover vehicles for up to 4 years/50,000 miles, whichever comes first. Offers eligible maintenance coverage on your eligible new Lexus. While factory coverage does not last forever, it can be lengthened by a Lexus extended warranty. 2023 VerticalScope Inc. All rights reserved. protects the transmission, transaxle, engine, and front- or rear-wheel drive systems. CarShield offers six distinct plans, low or $0 deductibles, and multiple payment options, making it our choice for Best Value among extended warranty providers. Lexus extended warranty coverage includes roadside assistance, substitute transportation reimbursement, and travel protection. Note: Vehicle Service Agreements are optional, cancellable (see terms of Agreement) and not required to obtain credit. Restrictions apply. Well review whats covered by the Lexus extended warranty, outline whats included in Lexus factory and certified pre-owned (CPO) warranties, and see how the Lexus offerings compare to some of the. Below is a list of the specific coverage found in your Lexus factory warranty. We'll cover eligible repair costs due to mechanical breakdown after your factory warranty expires, including many parts not covered in our Powertrain plans. There are three Lexus extended warranty plans. The company boasts accreditation and an A+ rating from the BBB. You can get a free extended warranty quote from Lexus by contacting your local Lexus dealership. Territories, and Mexico using our quick and easy recall and campaign lookup. All rights reserved. The deductible is the dollar amount you pay for authorized claims related to a single repair visit. : Our research team reviews sample quotes for a variety of plans and vehicles. Check the claims procedure. 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. figures the annual repair cost for the brand is $551 per year, which is about $100 below the industry average. Coverage provides up to $50 per day for a maximum of 5 days per occurrence. Vehicles are eligible for this VSA up to 4 years or 50,000 total vehicle miles, whichever comes first. (2023 guide). Platinum Auto Warranty works with extended warranty companies that can cover your vehicle from costly car repairs, including mechanical, electrical, and technological repairs. Getting quotes from multiple companies can help you identify the most affordable breakdown coverage for your vehicle. What warranty coverage do I have on my new Lexus vehicle? Installation and balancing is included. Call us at1-800-448-1505to get prior approval for expenses incurred. Valid receipts will be required for reimbursement. Three levels of protection are offered, and contract term limits extend as high as seven years. When deciding whether to purchase a Lexus extended warranty, you should also consider your Lexus factory plan. In addition to part repair coverage, Lexus offers the following protection plans: All Extra Care coverage options come with 24-hour roadside assistance, which includes towing, dead-battery jumps and fuel delivery services. : Buying an extended warranty from the manufacturer usually tethers you to dealerships for repairs. Original equipment tires damaged by road hazards are covered under the Tire Road Hazard Protection warranty. Protection is available for new Lexus vehicles for up to 4 years or 50,000 miles, whichever comes first. Read the fine print to ensure you dont have to take the vehicle somewhere in particular. The Lexus Certified warranty, or L/Certified warranty, covers most CPO Lexus parts and components, acting as an extension of the vehicles original bumper-to-bumper Lexus warranty. How Much Does a Lexus Extended Warranty Cost? All new Lexus vehicles come with the following limited warranty protection: Certified pre-owned (CPO) Lexus cars are protected by a 3-year/100,000-mile basic warranty. One reviewer wrote, "My 80-year old mom purchased your Platinum level of Extended Warranty protection for her 2014 Kia Sorento SX in 2016. It ranked sixth out of 32 car manufacturers in J.D. If you can handle smaller repair bills, you might consider basic coverage, such as a powertrain warranty. What Does A Lexus Extended Warranty Cover? Not to worry - your New Vehicle Warranty provides protection from potential defects in manufacturing materials or workmanship. Aside from extended warranties, Lexus also offers protection plans to cover systems and parts that most extended warranties exclude, such as the Tire and Wheel protection plan. Positive Reviews. Youll get both a cost estimate for your specific vehicle, but also a taste of each companys customer service. If youre looking for additional coverage beyond a manufacturers warranty, you might be considering service contracts from third-party providers. All Lexus vehicles include a factory warranty that covers vehicle repairs in the event of a mechanical breakdown. are among the best extended warranty providers. Fidelity Warranty Services earns a 3.6-star rating (out of 5) on Google reviews. If you provide your vehicle identification number (VIN), any Lexus dealer can look up your car in its system to tell you which Lexus warranties are still in effect. Our review team called CARCHEX to get quotes on a 2016 Lexus ES 350 with 48,000 miles. Click below to start receiving free, no-obligation quotes from our highest-rated providers. In addition to checking to see if your vehicle is covered under an existing Lexus factory warranty, also consider the average costs to replace parts for your Lexus. Third-party providers rarely guarantee the use of genuine Lexus parts for repairs, and because you dont need to have repairs done at a dealership, theres no guarantee that your car will be worked on by a Lexus-trained technician. Lexus Platinum Extended Warranty The Platinum plan is the most comprehensive Lexus extended warranty coverage choice, including repair costs for most mechanical breakdowns after the. In California, roadside service provided if vehicle is inoperable due to the mechanical breakdown of a covered component. You also have the option to cancel your Lexus extended warranty. Compared to other manufacturer warranties, the Lexus warranty offers standard coverage. Vehicles often break down, and investing in a Lexus extended warranty could save you money in the long run. When we called CARCHEX with questions, the representatives were friendly and didnt pressure us to buy. CarShield currently provides six coverage options. Please refer to your agreement for specific coverage details, including limitations and exclusions. The price range for the Lexus extended warranty ranges between $2,800-$3,000. Our team analyzes provider offerings and customer insights so you can feel empowered to make the best choice. The Lexus Vehicle Service Agreement (VSA) is the brands version of an extended warranty. Lexus warranty coverage acts as a guarantee against defects in materials or workmanship. Protect eligible components like the engine, transmission, front- and rear-wheel drive systems and more. Most of the vehicle service agreement options have ways to transfer coverage. Receive: 24/7 roadside assistance and reimbursements for covered vehicle rentals, meals, and lodging. Vehicles are considered eligible for this VSA for 4 years or 50,000 miles, whichever comes first. The Lexus bumper-to-bumper warranty offers coverage for 4 years/50,000 miles and backs a variety of parts across the vehicle. Endurance vehicle service contracts extend over 200,000 miles and come in five coverage levels. The Lexus Vehicle Service Agreement (VSA) is the brand's version of an extended warranty. How long does Lexus extended warranty last? Copyright Lexus Financial Services. The site determines reliability scores by evaluating the following criteria: In this case, severe refers to any repair that costs more than three times the average annual repair cost for all models, or $1,956. Well give you a quick overview of what each company provides below. Our researchers, writers and editors are dedicated to investigating providers and analyzing customer feedback and insights so you can choose with confidence. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. Available if vehicle is inoperable due to the mechanical breakdown of a covered component. , roadside assistance and trip interruption coverage are also folded into the CPO warranty. 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. Mileage is unlimited. It is for approved Lexus vehicles up to 15 years old, subject to 150,000 mileage limit - the old Extended Warranty was for approved Lexus vehicles up to 10 years old and 140,000 miles, so the new extended warranty covers vehicles for longer in this respect. 90-day or 4,000 mile limited warranty. All CPO Lexus vehicles come with any remaining Basic Warranty coverage, plus another 2 years/unlimited miles of bumper-to-bumper Lexus warranty coverage. Deductible applies to each eligible repair visit. Before you go, here are a few things to note: Toyota.com may have a different privacy policy, security level, and terms and conditions than those offered on our website. The. Included in the vehicle purchase are a bumper-to-bumper warranty, powertrain warranty, hybrid warranty (if applicable) and coverage that deals with rust and part replacements. Lexus Service Part Warranty-1 year/unlimited mileage. Average Car Insurance Rates By Age and State, 7 Ways To Lower Car Insurance After An Accident, Mechanical Breakdown Insurance Vs. Extended Warranty, Progressive Mechanical Breakdown Insurance, Endurance vs. Carchex: Warranty Comparison, Lexus Warranty: Coverage Option Breakdown (Guide). The highest level of coverage, similar to a bumper-to-bumper warranty, Ideal for vehicles with more than 60,000 miles. Learn more. As such, the manufacturer does not expect covered components to fail within the duration of a warranty. Additionally, Lexus will provide a loaner car if repairs will take over eight hours. You also dont have to pay interest on an extended warranty if youre financing. is another popular extended warranty provider for Lexus cars and SUVs. The factory warranty coverage for a Lexus is very short, which makes a Lexus extended warranty more appealing, even if Lexus vehicles are reliable and have generally low repair costs. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. Damage caused by an accident, misuse, or neglect is not covered. The basic warranty coverage protects a new Lexus vehicle for up to four years or 50,000 miles, whichever occurs first. Best Car Warranty Companies In California. Quality extended warranty companies pay claims directly to the service center. Aside from the coverage provided when you purchase a new vehicle, drivers can pick up a Lexus vehicle service agreement. RepairPal collects driver-reported data to determine reliability scores for many vehicle manufacturers. 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. 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. We were quoted $180.45 for 36 months with a $100 deductible for the Secure plan with a term limit of 5 years/60,000 miles. The Lexus Platinum extended warranty is the most comprehensive of the Lexus vehicle service agreements offered and includes repair costs for mechanical breakdowns after the factory warranty expires. Time and Mileage coverage periods for Used Vehicle Plans are measured from Agreement Application Date and Agreement Application Mileage. To get a clear idea of Endurance pricing, we called to get quotes on a 2016 Lexus ES 350 with 48,000 miles on it. While the Lexus extended warranty may seem convenient, you could end up saving by shopping around. By using this site you agree to the Third-party coverage is sometimes cheaper than a vehicle service agreement offered by a manufacturer. Anytime you shop for coverage, we recommend getting quotes from several sources. Service by Lexus factory-trained technicians. It may also factor in whether you purchased the car used or new. You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). Our team takes into account BBB ratings and the companys history of reliable service when giving this score. When considering that Lexus parts cost more than most brands, just think about what that bill might look like. Lexus dealerships may sell such warranties, but these are not offered or serviced by the Lexus brand or the Toyota Motor Corporation. When she needed it, your Customer Service team addressed every need and request. Lexus offers standard extended warranty options, and the manufacturers Platinum plan can give drivers comprehensive coverage at a reasonable price. The chances that an unscheduled repair will be needed are low. Note: The purchase of a Vehicle Service Agreement voluntary protection product is optional, cancelable (subject to specific agreement terms) and not required to obtain credit. Vehicles are eligible if they are within 13 model years and less than 100,000 miles.4Used vehicle plans are available only at the time of the used vehicle sale. Customer service is an area where CARCHEX stands out from other providers. L/Certified Prepaid Maintenance Plan. In this article, we reviewed Lexus factory and extended warranties and compared their cost and coverage with those from leading third-party extended providers. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical failure of a covered component. Available before or after financing or lease. Plans feature $0 or $100 deductible options. While the final cost of your Lexus extended warranty will factor in exactly where you live in or around Tampa, the specific Lexus model you are looking to buy, and the coverage package you opt for, you can expect to pay somewhere within the range of $2,800-$3,000. American Dream Auto Protect. The Lexus factory warranty includes 4 years/50,000 miles of bumper-to-bumper warranty coverage and 6 years/70,000 . Lexus scores very well for reliability. With over 50,000 ASE-certified mechanics nationwide and 24/7 customer service, you can rest assured that we've covered you. Deductible applies to each eligible repair visit. Complaints mainly come from people who are unhappy with the claims process and specific exclusions, though this can be avoided by reviewing your contract fully before purchasing an extended warranty. Lexus offers three extended warranty plans and can last up to 10 years. In California, roadside service provided if vehicle is inoperable due to the mechanical failure of a covered component. The rest is pure profit for the car dealer. : Bumper-to-bumper coverage that includes components like the brake pedal subassembly, airbags, CD player, radio, coolant sensor, air pump, door lock assembly, hinges, and seat belts, Mid-tier coverage that includes electronic components, brakes, the cooling system, fuel system, hybrid components, and steering, : Basic powertrain coverage that includes components of the engine, transmission, and drive axle, 2-year/50,000-mile bumper-to-bumper warranty, 6-year/unlimited-mile corrosion perforation warranty, 10-year/150,000-mile hybrid battery warranty. To determine this score, we employ a secret shopper analysis using different vehicles, mileages, warranty plans, and locations. Youll get both a cost estimate for your specific vehicle, but also a taste of each companys customer service. Vehicle extended warranties are very profitable for car dealers. 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. An extended car warranty, also known as a vehicle service agreement, protects your investment for many years after the manufacturers warranty expires. A Lexus extended warranty may be worth it in the long run, Limited time offer: Get $300 off with code SAVE300, Get Started for $99 + Get $400 OFF with code 'Get400'. While Lexus vehicles ranked sixth in the J.D. You can consult your owners manual for further clarification without contacting a dealership. These warranties are transferable and can be canceled within. How much should I pay for a Lexus extended warranty? Many luxury vehicles are expensive to maintain because they often require extensive servicing and specialty components.