What Does a Toyota Extended Car Warranty Cost? According to Team Toyota: The Platinum Protection plan starts at $2,495. The Gold Protection plan starts at $2,295.
Is the Toyota platinum warranty worth it?
The Platinum tier is Toyota’s highest warranty level which covers the most number of parts. This provides coverage for your car at multiple levels. The highest being 8 years/ 125,000 miles, whichever comes first. … The plan is also a good choice if you have a mileage of fewer than 36,000 miles.
How much does Toyota extended warranty cost?
You can choose to purchase protection from the Toyota dealership when you buy your car or use a third-party provider instead. Estimates suggest that a Toyota extended warranty will cost between $1,000 and $1,500 when purchased from the dealer.
What does the Toyota platinum warranty cover?
The Toyota Platinum Warranty is the highest level of electrical, mechanical breakdown protection offered by Toyota. The plan pays parts and labor for repairs on the engine, transmission, computer, air conditioning, radiator, fuel system, steering, suspension, electrical, and all other parts not on the exclusion list.
Is it worth getting Toyota extended warranty?
Conclusion. For most drivers, it makes sense to purchase a Toyota extended warranty. The manufacturer will cover you for up to 10 years/125,000 miles and provide perks like roadside assistance. Third-party providers like Endurance and CarShield offer similar levels of coverage and service for an affordable price.
Can I cancel my Toyota platinum warranty?
You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). Cancellations will be prorated if applied for after 30 days or if a claim is paid.
What is the Toyota platinum package?
Highlander Platinum Package Features:
Panoramic Moonroof. Heated Steering Wheel. Heated Second-Row Outboard Seats. Rain-Sensing Windshield Wipers.
Can I buy a Toyota extended warranty?
When your Toyota factory warranty expires, you will likely be eligible for extended protection in the form of an extended warranty from the Toyota dealer. … Access to Toyota’s nationwide service and support network. Flexible coverage terms that last 3 to 10 years or 50,000 to 125,000 miles, whichever comes first.
What is a fair price for an extended car warranty?
Typically the average cost of an extended car warranty would be around the range of $1,800 with a good quality package and after-sales service.
Should I buy extended warranty at dealership?
If you hope to keep your car for 10 years and it only comes with a three-year/36,000-mile warranty, you might consider extended warranty coverage for peace of mind for the first couple of years after your new car warranty expires. … If you see low scores, that’s a hint that an extended warranty might be a good idea.
Does Toyota platinum warranty cover tires?
1 Not only does every Platinum plan include replacement-only tire coverage and wheel replacement if it fails to seal with your tire, it is also the only plan built and backed by the strength of Toyota. Choose the plan that fits your individual needs and budget. Coverage is available for up to 5 years.
Are extended warranties worth the money?
While it may sound like a good idea in theory, extended warranties often come with a high price tag and don’t necessarily cover everything that could go wrong. Plus, many people who buy extended warranties never use them. In that case, an extended warranty becomes a cost with no financial return.
Can you negotiate extended car warranty?
It’s important to note that dealers will markup the price by as much as 200%, so you should ALWAYS negotiate the price of an extended warranty. … They will usually offer you a better price at that point. You can keep asking them to do better or tell them you’re not interested until they won’t bid any lower.
Is Toyota Care Plus worth?
It costs $299, covers up to 4 years or 45,000 miles (whichever comes first). It looks like $299 for extra 2 years/20,000 miles coverage after the Toyota Care ends. Unless something has changed significantly since I worked for Toyota (sales/service/corporate) it’s not worth it.
How much should a extended warranty cost?
The average monthly payment for an extended warranty is around $1,200 to $1,500, but this can vary widely depending on the aforementioned factors. This is why it’s important to do some research ahead of time on different providers and to get quotes.
How long is Toyota warranty?
Basic Coverage1 36 months/36,000 miles (all components other than normal wear and maintenance items). Powertrain Coverage1 60 months/60,000 miles (engine, transmission/transaxle, front-wheel-drive system, rear-wheel drive, seatbelts and airbags).