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Old 05-02-2002, 01:57 PM
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Question Extended warranty

hello all,

i've got a question in regards to the extended warranty. i've had my ride for a little over a year now and i'm coming close to 30k miles, so 36k is going to come in a few months. my question is, can i purchase an extended warranty and how would i go about purchasing one? also, should i get one? i've never purchased an extended warranty w/ any of my previous vehicles, but i usually don't keep my cars long. the sequoia is a keeper so i am seriously considering it. so far so good w/ the sequoia and my previous toyotas so don't know if i'll ever need to use it, but just in case. what are your thoughts on this? would appreciate any advice, input, opinions!

Chris
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Old 05-02-2002, 03:12 PM
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Chris,
This would be a touchy subject since you will get responses from both sides of the spectrum. Some will say you need it and others will definitely steer you away from it. IMHO, it totally depends on each person's situation.

Since you plan to keep the vehicle for a long time, it will be an advantage to have the extended warranty and also you have the first model year. When these things break apart, can you imagine how much would be the labor and parts cost that the dealer will charge?

On the flipside, it is a TOYOTA, and they seldom fall apart.

I got the warranty when I purchased the SQ from Longo. It was $1100 for 6 years/100,000 miles(0 deductible with $50/day car rental reimbursement). I believe you could still buy the warranty before your 3 years/36,000 miles expires. Call the Toyota dealers and search the internet, you could get varying quotes from $1000 to $1700.

BTW, I read the article of the white SQ from CAR and AUDIO. That is a nice ride esp. the set-up of the amplifiers. That is the same tire and rim set-up that I am looking right now, MAIDO MS5, but in chrome though with 295/45/20 Yoko's or Pirelli's.

talk to you later,
Allan
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Old 05-03-2002, 02:33 PM
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thanks allan! i'm going to give Dianne a holler to see what my options are when i get closer.

yeah, the Maido's are tight! they were my first choice as well when i was looking, but it took DAZZ close to a year to get the proper fitment for our rides!

again thanks!
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Old 05-03-2002, 04:03 PM
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Chris,

I was looking into the same thing last month. I will be keeping my Tundra, but the warranty will be expiring (miles/months) in about 9 more months. I did a little homework on the subject.

The one company I talked to who gave the best prices, service, and length of coverage happens to be affiliated with service members called the Navy Federal Financial Group. Since you are not in the military (at least I don't think so), you are probably not eligable, but they have a great website nonetheless. Here it is http://www.navyffg.com/. It talks all about coverage, options, pricing, etc, etc. I learned a LOT from this site and I am sure most other companies who offer extended warranties are very similar. You can even get a price quote based on what options you want to get an idea of what you may be paying elsewhere. Just click on the "Auto Center" link on the left side of the page and follow it through.

Hope this helps,
Andy
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Old 05-03-2002, 04:20 PM
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I bought the warranty when I bought my Tundra a year old from a dealer for almost $1000. I backed out on it after reading what it covers. Apparently, an ideal warranty would be bumper-to-bumper all inclusive. The Toyota extended warranty was too exclusive. Also, a good warranty will cover items that may wear out (other than tires, brakes, etc...) rather than mechanical failure only. If something wears out and damages something else it is not covered. Only if is defective.
Most warranties have some sort of weasel clause in them to void it. If you can't produce all your records from tire changes, oil changes, etc... they'll void it out! Remember, Toyotas are covered for 6yr/100,000 mi drivetrain warranty as standard (Tundra is) and extended service warranty is not an extension of time, but of items covered. Mostly items that don't normally break, or would be less expensive than the warranty cost.
Extended waranties supposedly are the largest money makers when a vehicle is sold. Remember, it's a Toyota!
IMHO, I would rather invest the cash and pay if something does go wrong. I'm sure you will find others that disagree with my opinion. Warranties can be good peace-of-mind.

Clay
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Old 05-03-2002, 05:13 PM
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Chris,
I remember a long discussion about this topic a while back in here somewhere. It might have been on the old TS??
Anyhow if my memory serves me correctly a lot of people recommended this web-site for a good deal on extended auto warranties..
http://www.extendedautowarrantycorp.com/
It looks like a good deal.

Let me know what you end up doing.
I only have 25k but for as much as I drive 36 will sneak-up on me and I want to get a good deal too.!
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Old 05-20-2002, 06:32 PM
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Default So where the best deal?

Has any found a good deal??
I was wanting to get find something way before I reach my 36k
I am always out to save some money if I can!!
But let me say it's not a problem with the cost of the extended warranty, but rather what it covers and who they accept to do the work!
Any suggestions?
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Old 05-20-2002, 09:55 PM
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Quote:
Originally posted by whizzer

...
Remember, Toyotas are covered for 6yr/100,000 mi drivetrain warranty as standard (Tundra is)
...
Clay
"Powertrain Coverage: Your engine, transmission/transaxle, front-wheel drive, rear-wheel drive, seatbelts and air bags are covered for 5 years/60,000 miles."
http://www.toyota.com/html/shop/vehi..._warranty.html
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Old 05-20-2002, 10:02 PM
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A few things to keep in mind about Extended Warranties---

1) They are not warranties at all. They're service contracts or mechanical failure insurance policies.
2) As with any insurance policy, the financial soundness of the underwriter is critical. I know of two automobile 'extended warranty' companies in my area who've gone belly-up. In most cases, the purchasers were left with nothing. I one case, the dealership that sold them the policy honored it at their location only.
3) None of us ever expect to get our money back from insurance. The purpose is to avoid catastrophic losses. It gives peace of mind.
4) Before you pay, get a copy of the contract and read the fine print. Insist on it. Understand what they cover and what they don't cover. Understand what maintenance requirements you have and what paperwork you need to keep to be able to prove you did the maintenance.
5) Who can do the work? Where do you get authorization?
6) The price is totally negotiable. Do haggle.

Ken
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Old 05-21-2002, 01:08 AM
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thanks for the info and advice guys! after doing a little research i think that i'm gonna opt not to get an extended warranty. i still have a couple of months to go so i might change my mind by then, but for right now i don't think that the extended warranty is worth the money.
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Old 05-21-2002, 10:14 PM
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I have NEVER bought an extended warranty for any of my vehicles but the A/C failures that the Sequoia's are having scares me. Mine is fine so far but I have over 35,000 miles already. I've been told by the dealer that since there is a TSB regarding early compressor failure, that Toyota was good about assisting beyond the warranty period. Of course, I didn't get anything in writing and such conversations are often conveniently forgotten. I suppose I'll take a chance and wait and see.

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