Then leave the rest to us. The cost of a Lexus extended warranty is variable based on the model, year, make, and coverage plan. Our review team has investigated a large number of providers and determined the, If a third-party extended warranty interests you, start comparing free quotes from reputable extended car warranty providers like. Cover the costs for mechanical breakdown after your vehicle's factory warranty expires, including many parts not covered in our Powertrain plan. Many luxury vehicles are expensive to maintain because they often require extensive servicing and specialty components. Valid receipts will be required for reimbursement. If you find a provider that doesnt back up its coverage with some sort of guarantee, you probably shouldnt shop with that company. Cover the costs for mechanical breakdown after your vehicle's factory warranty expires, including many that can be costly to repair. Is it worth buying the Lexus extended warranty? Guaranteed Auto Protection. The manufacturer will pay to repair covered components if they break down from normal use, but any damage that is the result of an accident, improper maintenance, misuse, or neglect is not covered under a Lexus warranty. When considering an extended warranty, one thing to take into account is your vehicles reliability. Understand the guarantee. Well give you a quick overview of what each company provides below. A Lexus extended warranty exceeds the 4-year/50,000-mile bumper-to-bumper warranty that comes with every new Lexus. More information about what components are included and excluded in Lexus vehicle service agreements can be found on the Lexus website. Original equipment tires damaged by road hazards are covered under the Tire Road Hazard Protection warranty. 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. As such, the manufacturer does not expect covered components to fail within the duration of a warranty. In this article, we reviewed Lexus factory and extended warranties and compared their cost and coverage with those from leading third-party extended providers. If you are a Lexus owner, you should be prepared to pay for some of these costs over your vehicles lifetime. It is certainly worth looking into third-party alternatives to find the best price, but a Lexus extended warranty is likely a safe bet. Are there better third-party alternatives? Below we list the parts covered by the Powertrain extended warranty. Below, well explain why it may be better to skip the Lexus dealership and instead turn to reputable third-party providers like Endurance, CarShield, and CARCHEX. Among the many companies that provide extended warranties, three of our top choices for Lexus vehicles are. Compared to other manufacturer warranties, the Lexus warranty offers standard coverage. Restrictions apply. Time and Mileage coverage periods for Used Vehicle Plans are measured from Agreement Application Date and Agreement Application Mileage. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical breakdown of a covered component. Learn about Lexus reliability, factory coverage, and extended warranty options for Lexus vehicles. Well also explain the benefits of getting coverage from an independent warranty provider. : Our research team reviews sample quotes for a variety of plans and vehicles. More than $1.5 billion claims covered. All plans cover vehicles for up to 4 years/50,000 miles, whichever comes first. Lexus offers standard extended warranty options, and the manufacturers Platinum plan can give drivers comprehensive coverage at a reasonable price. Powertrain Warranty-6 years/70,000 miles. Coverage is available 24 hours a day, 365 days a year within the continental US and Canada, while your agreement is active. , and was second only to Genesis in the premium segment. We like these providers due to their low costs, coverage options, customer service, industry standing, and additional perks. 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. All new Lexus vehicles leave the dealership parking lot with warranty coverage. Deductible applies to each eligible repair visit. are among the best extended warranty providers. One of the biggest extended car warranty service brokers offering over 15 coverages. However, according to RepairPal, Lexus vehicles are above average in terms of reliability and have a low annual repair cost of around $551. It is our choice for Best Coverage and our top overall pick for extended warranty providers. 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. One reviewer wrote, "My 80-year old mom purchased your Platinum level of Extended Warranty protection for her 2014 Kia Sorento SX in 2016. Roadside Assistance services provided by Automobile Association of America (AAA) and its affiliated clubs. 1-800-874-7050, Monday through Friday, between 8:00 am - 8:00 pm in your local time zone. How much should I pay for a Lexus extended warranty? What coverage does Lexus offer? 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. Pros and Cons of Independent Warranty Companies. (I will probably not get to the 100,000 mile mark.) Aside from the coverage provided when you purchase a new vehicle, drivers can pick up a Lexus vehicle service agreement. Call us at1-800-448-1505 to get prior approval for expenses incurred. Protection up to 36 months or 50,000 km. 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. Companies like CARCHEX offer warranty options for vehicles up to 250,000 miles, which is longer than any carmakers plans. 3 After reviewing industry leaders in the vehicle service contract industry, we found that. The Lexus Vehicle Service Agreement (VSA) is the brand's version of an extended warranty. Cover the costs for mechanical breakdown after your vehicle's factory warranty expires. 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. You dont want to get caught paying for repairs and waiting for reimbursement. 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. 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. In California, roadside service provided if vehicle is inoperable due to the mechanical failure of a covered component. The specific. In California, roadside service provided if vehicle is inoperable due to the mechanical failure of a covered component. Protection for used vehicles is only available in the dealership at the time you buy your vehicle. Available during or after financing or lease. The Lexus Basic Warranty covers the majority of Lexus-installed components for up to 4 years or 50,000 miles, whichever comes first. Get quality coverage on many of your vehicle's eligible components, while still giving you the flexibility to choose your terms and mileage. We use cookies to improve your experience on this website and so that ads you see online can be tailored to your online browsing interests. Learn more. How long does Lexus extended warranty last? There are several benefits from purchasing an extended warranty through a third party, such as: With that in mind, here are a few of our best tips when shopping for a vehicle service agreement: Check for your mechanic. The vehicle must be an L/Certified vehicle to be eligible for the L/Certified VSA. Getting quotes from multiple companies can help you identify the most affordable breakdown coverage for your vehicle. Available if vehicle is inoperable due to the mechanical breakdown of a covered component. Call us at 1-800-255-3987. : This score takes into account contract transparency and the availability of a money-back guarantee. Coverage is effective from date of first use as a new vehicle and zero miles.4Coverage expires at maximum time or mileage of the selected plan, whichever comes first. Protection is available for used Lexus vehicles is only available in the dealership at the time you buy your vehicle. The Lexus bumper-to-bumper warranty offers coverage for 4 years/50,000 miles and backs a variety of parts across the vehicle. Most of the vehicle service agreement options have ways to transfer coverage. By continuing to browse our site you agree to our use of data and cookies. 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. Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. When deciding whether to purchase a Lexus extended warranty, you should also consider your Lexus factory plan. We want you to find coverage that gives you peace of mind. 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. See your Lexus dealer for more information. Links in this article may result in us earning a commission but do not impact our advice or recommendations. Coverage is available 24 hours a day, 365 days a year within the continental US and Canada, while your agreement is active. Warranty . Endurance is an excellent choice for a Lexus extended warranty. If youre looking for additional coverage beyond a manufacturers warranty, you might be considering service contracts from third-party providers. Available if vehicle is inoperable due to the mechanical failure of a covered component. By using this site you agree to the Each level has several plan options, with 16 contracts in total. Learn More. After careful consideration, we found that its usually better to purchase a Lexus vehicle service contract from Endurance, CarShield, or CARCHEX. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. Just bought my friends RX330 coming off lease. Partner content: This content was created by a business partner of Dow Jones and researched and written independently of the MarketWatch newsroom. One plan is dedicated to motorcycle parts, so you wont need that as a Lexus owner. How Good Is The Lexus Certified Warranty? It might cost more than buying a used vehicle. Copyright 2023 MarketWatch, Inc. All rights reserved. Companies with lower prices per year of coverage receive the best scores. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. How Much Does the Lexus Extended Warranty Cost | Lexus of Cherry Hill Call Service Phone Number(856) 638-2360 Parts Call Parts Phone Number856-638-2380 1230 Route 73 South - Mt. You can transfer this Lexus coverage one time at no cost, as long as its from the cars original owner to a private party. 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. : A wide variety of coverage is essential to support the differing needs of customers. Purchasing additional coverage is usually a smart choice if you want to drive beyond the factory warranty. CarShield has over 12,000 Google reviews totaling 4.2 out of 5.0 stars. Prices will vary, and the cost may be included in your vehicle financing when you purchase from a dealership. Get information on open safety recalls and service campaigns released since 1999 for Toyota, Lexus and Scion vehicles intended for sale or sold in the U.S., U.S. When we called CARCHEX with questions, the representatives were friendly and didnt pressure us to buy. Lexus warranty coverage acts as a guarantee against defects in materials or workmanship. . Your online account access will be available shortly. Protection is available for New Lexus vehicle for up to 4 years or 50,000 miles, whichever comes first. If you have an older Lexus and your factory warranty coverage has already lapsed, you can purchase an extended warranty from a third-party provider. Youre going to pay more for complete coverage, but more systems and parts will be protected. There is a maximum of 4 days over the life of your agreement. 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. There are three tiers of Lexus extended warranty coverage: Extra Care Platinum, Extra Care Gold and Extra Care Powertrain. Not to worry - your New Vehicle Warranty provides protection from potential defects in manufacturing materials or workmanship. Endurance currently has a 4.0-star rating from Trustpilot, with over 5,600 reviews. This 6-year/70,000-mile warranty protects the engine, transmission, transaxle and drivetrain. 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. Coverage provides up to $100 per day for lodging and meals if you're more than 150 miles from home. Additionally, Lexus will provide a loaner car if repairs will take over eight hours. GAP can help cover some certain expenses in the event your car is declared a total loss. Below is a list of protection plans offered by Lexus: You can purchase a Lexus vehicle service agreement from the dealer at any time. However, for customers who want to guard against the possibility of a potentially pricey repair, an extended warranty can bring peace of mind. The chart below shows a detailed breakdown of Lexus reliability, according to RepairPal. The powertrain plan covers basic, essential components, while the Gold and Platinum plans provide greater levels of coverage. 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. While Lexus vehicles ranked sixth in the J.D. If you want to extend your session select the "I'm back" button. You also dont have to pay interest on an extended warranty if youre financing. With Endurance, customers can choose between $0, $50, $100, or $200 deductible options, and repairs can be completed at the dealership or any repair facility certified by the National Institute for Automotive Service Excellence (ASE. Complete powertrain warranty plus some extra parts, Protects nearly all of the technology on the car. Typically, coverage is accepted at all repair shops certified by the National Institute for Automotive Service Excellence (ASE. the industrys top providersusing the buttons below. 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. 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. 1 Cover routine maintenance. See Agreement for complete terms, conditions and restrictions. In California, roadside service provided if vehicle is inoperable due to the mechanical failure of a covered component. WARRANTY Lexus confidently stands behind these exceptional vehicles with the L/Certified Limited Warranty, * which when combined with the new-vehicle Basic Warranty, can provide up to six years of vehicle warranty coverage. New vehicles are eligible for this VSA at time of lease only. Youll likely be offered a Lexus extended warranty when you purchase a vehicle at a dealership, but coverage can be added on at any time before your new cars factory warranty expires at 4 years/50,000 miles. 24/7 Roadside Assistance and reimbursements for covered vehicle rentals, meals, and lodging. The benefits stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. The Lexus Vehicle Service Agreement (VSA) is the brands version of an extended warranty. Call us at1-800-448-1505to get prior approval for expenses incurred. Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. We want you to find coverage that gives you peace of mind. Almost all parts are covered by the Lexus Platinum extended warranty plan, though some common exclusions apply. Time coverage periods are measured from the expiration of the L/Certified Limited Warranty. In researching third-party providers, here are several advantages our research team found: One downside that turns some drivers away from independent coverage is that there is no guarantee that you will receive genuine parts with repairs or have work performed by factory-trained technicians. 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. Vehicles are considered "new" and eligible for this VSA up to 4 years or 50,000 miles, whichever comes first. is an excellent choice for a Lexus extended warranty. But do you need an extended warranty for your Lexus? Car warranties are intended to act as guarantees that an automaker has produced a quality product. For the Supreme plan with the same term limit, we were quoted $97.22 for 36 months with a $100 deductible. 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. Location: Kansas (KS) Posted March 18, 2016. In an effort to provide accurate and unbiased information to consumers, our expert review team collects data from dozens of extended auto warranty companies to formulate rankings of the best providers. I am considering buying the Lexus Platinum Extended warranty to get me to warranty coverage until 2010 & 100,000 miles. 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. These warranties are transferable and can be canceled within 30 days for a full refund, minus a $50 processing fee. Otherwise the full deductible amount applies. Like the. If your CPO vehicle is no longer protected under its original warranty, you will still be covered from bumper to bumper for 2 years/unlimited miles from the date on which you purchase your CPO Lexus. How much should I pay for a Lexus vehicle service agreement? In this article, we at the Guides Auto Team will look at the parts that are backed by the Lexus extended warranty, perks for contract holders and what you can expect to pay for coverage. Check the claims procedure. : Warranty providers with a history of strong business practices and endorsements from experts receive the highest scores in this category. Lexus dealerships may sell such warranties, but these are not offered or serviced by the Lexus brand or the Toyota Motor Corporation. There are several benefits from, : Visit any authorized repair shop instead of taking your Lexus to the dealership for repairs. Coverage provides up to $50 per day for lodging and meals if you're more than 150 miles from home. You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). more flexible than what youll find at the dealership. Damage caused by an accident, misuse, or neglect is not covered. There is a maximum of 5 days over the life of your agreement. Pleasesee your dealerfor state-specific cancellation policies. At login, we collect and store data about your device (i.e. Get peace of mind you're protecting your vehicle and flexibility to choose your terms and mileage. RepairPal collects driver-reported data to determine reliability scores for many vehicle manufacturers. You dont want to pay out of pocket for repairs. Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. However, owners still may choose to purchase extended warranty coverage for the added peace of mind it brings. An extended Lexus warranty is not the only way to lengthen your Lexus protection. The most basic extended warranty coverage offered by Lexus is its Powertrain protection plan. Lexus owners have an extra year of protection for both. With over 50,000 ASE-certified mechanics nationwide and 24/7 customer service, you can rest assured that we've covered you. When she needed it, your Customer Service team addressed every need and request. Vehicle extended warranties are very profitable for car dealers. 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. Lexus ranks seventh out of 32 brands with an overall reliability score of 4.0 out of 5.0. Excluded from coverage under the LFS VSA. There are three levels of coverage, called Extra Care plans. What warranty coverage do I have on my new Lexus vehicle? You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). Territories, and Mexico using our quick and easy recall and campaign lookup. If youre looking for additional coverage beyond a manufacturers warranty, you might be considering service contracts from third-party providers. Well give you a quick overview of what each company provides below. Can they be negotiated down. Jalopnik Advisor content is free to consumers and always will be, however we and our partners may be compensated if you purchase a product or service through the links on this website. Lexus extended warranty coverage includes roadside assistance, substitute transportation reimbursement, and travel protection. Best Car Insurance For Teens And Young Drivers. If the Disappearing deductible option is selected and the selling dealer of the VSA performs covered repairs, the $100 deductible will be waived. According to RepairPal, Lexus vehicles cost a lot to repair, even for smaller malfunctions. For the applicable time period and/or mileage limitations click below. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. You can choose one of the companys flexible payment plans and a no-down payment option. Roadside Assistance services provided by Automobile Association of America (AAA) and its affiliated clubs. They can generally be purchased at any time. No matter what company you choose, it pays to read the terms carefully, so you understand exactly whats covered and not covered. CARCHEX is one of the top third-party warranty companies with flexible options for Lexus vehicles. What does the Lexus Certified warranty cover? Like the Toyota warranty, roadside assistance and trip interruption coverage are also folded into the CPO warranty. 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. How Much Does a Lexus Extended Warranty Cost? Most manufacturers provide basic, powertrain, and corrosion warranties. If you want to drive your vehicle for a few more years after the factory coverage expires, then it makes complete sense to cover it with a warranty. If youre more than 150 miles from home when your vehicle breaks down, you qualify for travel protection that provides $50 a day for meals and lodging for up to four days while your car is being repaired. Below are common questions asked by Lexus owners regarding extended warranties for Lexus. Lexus also offers rental car reimbursement up to $35 per day for a maximum of five days while your car is in the shop for a covered repair. (Whichever comes first) See store for written details. Valid receipts will be required for reimbursement. Benefits Of A Third-Party Extended Car Warranty, 1-year/12,000-mile wheel alignment and balancing warranty. 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. However, some third-party extended warranty providers may offer lifetime warranties for Lexus vehicles. The chances that an unscheduled repair will be needed are low. Flexible coverage terms providing the right level of protection based on your mileage and how long you plan to keep your vehicle. Continue reading to discover the different Lexus extended warranty Vehicle Services Agreement (VSA) options that are available to . 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. The deductible is the dollar amount you pay for authorized claims related to a single repair visit. Retail installment accounts may be owned by TMCC or its securitization affiliates and lease accounts may be owned by Toyota Lease Trust (TLT) or its securitization affiliates. 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. . L/Certified Prepaid Maintenance Plan. Copyright Lexus Financial Services. Complimentary maintenance for the first 2 years/20,000 miles, 24-hour roadside assistance including towing reimbursement, Complimentary loaner cars while your vehicle is being repaired, Trip interruption service if you break down far from home and have to stay overnight, When considering an extended warranty, one thing to take into account is your vehicles reliability. Note: Vehicle Service Agreements are optional, cancellable (see terms of Agreement) and not required to obtain credit. Deductible applies to each eligible repair visit. Its helpful to do your own research by calling around and getting quotes. Your vehicles reliability and your personal finances are among the most important considerations when youre deciding whether to purchase Lexus extended warranty coverage. Third-party coverage is sometimes cheaper than a vehicle service agreement offered by a manufacturer. Coverage is effective from date of first use as a new vehicle and zero miles.4Coverage expires at maximum time or mileage of the selected plan, whichever comes first. For some drivers, the peace of mind offered by a Lexus extended warranty is worth the extra cost. 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. 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. We're taking you to Toyota.com website to connect you to the information you were looking for. Our team analyzes provider offerings and customer insights so you can feel empowered to make the best choice. One of the biggest perks of CARCHEX is the companys variety of coverage levels, which are easy to research on the website. The most comprehensive plan covers most mechanical breakdowns, while the most basic plan only covers the powertrain including the engine, transmission and drive system. Valid receipts will be required for reimbursement. Check Price. Coverage under the VSA is secondary to, among others agreements, any manufacturer warranty, other valid repair agreement or vehicle. Links in this article may result in us earning a commission. The Lexus Gold extended warranty plan covers fewer parts than the Platinum plan; however, the Gold plan includes a long list of eligible components and comes with flexible term limits. is one of the top third-party warranty companies with flexible options for Lexus vehicles. 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. CarShield is another popular extended warranty provider for Lexus cars and SUVs. 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.