My friend has just bought a new 2008 Prius. The dealer is offering her a 6 year/75,000 mile extended warranty for $1200. The MSRP on it is $1600. This does not include maintenance and we are in the Boston area. I'm trying to help determine if she should take it.
1) Is the $1200 a good price for this warranty?
2) For those of you who have bought the extended warranty - Have you needed it?
3) For those of you who didn't take the warranty - has anything come up that makes you wish you had?
Re: Is the extended warranty a worthwhile investment?
Hi,
Go to this thread and drop Troy at Toyota of Greenfield an email. He'll quote you the exact same warranty at a REAL price. Many happy purchasers, myself included.
Re: Is the extended warranty a worthwhile investment?
It depends on how her luck runs. I have alway gotten the extended warranty. In fact I got an 8yr 120K on my 07 Tundra. I think I paid arounr $1200 - $1400 for it. With my Fords, it paid off big time and saved me a lot of money. With my Toyotas, it was an un-needed expense. I've never had a major problem with any of them (knock on wood). But, like I said, how does her luck run. It only takes one major problem to pay for itself.
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Re: Is the extended warranty a worthwhile investment?
Hi ! I have a 2007 Prius that nI bought a year ago Oct 1st. I have 25,000 mile on the car with no problems. I know severasl people that have these cars annd have had no problems what so ever. I would not spen the extra money for an extended warranty it would be a waste of money. I live in N H and had no problems with getting around last winter. The most important part of the car the batteries are under warranty for eight years anyway.
Re: Is the extended warranty a worthwhile investment?
I got the 8/100k on my 08 just because I put almost 100 miles a day on it driving to and from work. I'd be out of warranty in just over a year if I didn't. If I had a drive, I doubt I would have got it.
Re: Is the extended warranty a worthwhile investment?
Keep in mind that extended warranties are designed by insurance companies. If they didn't make a fat profit on those, they would not be pushing them as they are. Keep your hard earned money and don't worry about repairs, it's a Toyota !
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Is the extended warranty a worthwhile investment?
Re: Is the extended warranty a worthwhile investment?
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