Okay, just put a deposit down on an '06 Limited 4x4... it's about 7 hours away, so I'll be flying out and driving it back. It's at a Toyota dealership. They claim it's a 1-owner, bought there, serviced there it's entire life, "older" farmer owned it and kept up with maintenance (carfax supports this). It currently has 115k miles. It has new rotors/pads, and the Timing Belt & Water Pump were replaced at 98k miles. He assures me that I won't be disappointed and I'm not wasting my time making the trip. I'm not thrilled that I'll be traveling that far for a car, but it's a great deal, and the pictures of the undercarraige and frame show very minimal rust. Everything looks good so far, and we've negotiated a VERY nice price ($15,100)
So, here's the question. Because it has over 100k miles (but under 125k) it qualifies for a Toyota used (not certified) warranty. Because of the mileage though, it's only eligible for 1yr/12k miles... roughly $1500. They also have a 3rd party (Century) warranty available, which will cover 2yrs/24k miles, same price.
So, since the truck has the TB & WP replaced from the 90k service, and new brakes... is the warranty worth the $1500, OR, is it safe to assume that I'll be safe for 2-years/24k miles, from any major issues? The difference is only like $27/mo, BUT, it's obviously less debt in case something happens. What problems usually come up between 115,000 - 140,000 miles that make the warranty worth it?
Thanks in advance - I appreciate the feedback.