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Toyota extended warranty?

Discussion in '5th Gen 4Runners (2010-2024)' started by rmiked, May 16, 2023.

  1. May 19, 2023 at 7:53 AM
    #61
    Texas4Runner

    Texas4Runner New Member

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    Im doing 10/100,000 for $1,360. That's $136 a year pretty cheap considering how expensive parts will likely be in 3-5-8 years from now.
     
    Gharddog03 likes this.
  2. May 19, 2023 at 8:04 AM
    #62
    hossler1788

    hossler1788 Turtle

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    Parts are cheap, its labor thats expensive.

    But thats not a bad price for peace of mind the next 10 years.
     
    Texas4Runner[QUOTED] likes this.
  3. May 19, 2023 at 8:14 AM
    #63
    LuLu

    LuLu New Member

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    +1

    10 YEARS 100,000 MILES $1,360.00
    Versus
    10 YEARS 125,000 MILES $1,795.00 (extra 25k miles for $435 extra)

    thoughts
     
  4. May 19, 2023 at 8:27 AM
    #64
    2021venture

    2021venture New Member

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    Depends on how many miles you drive a year. I work from home and have 11k on a 2021. Extra 25k miles in 10 years was not worth it to me.
     
  5. May 19, 2023 at 11:35 AM
    #65
    Rocko9999

    Rocko9999 New Member

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    No on the extra 25K.
     
  6. May 22, 2023 at 8:51 AM
    #66
    lowflyer

    lowflyer New Member

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    Wow, I just talked to Jerry. I got the 7 year 100K miles on my 2021 4R, no deductible, no tax for $1025. One quote I got from some Toyota connected agency wanted $4,000 with a $100 deductible and added state tax. Is this too good to be true? :)
     
    rmiked[OP] and Spare Parts like this.
  7. May 22, 2023 at 8:55 AM
    #67
    Go Birds

    Go Birds New Member

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    No, it's not too good to be true. You'll be mailed a Toyota Platinum VSA pamphlet in the mail with your name, VIN, and coverage terms, and it's fully transferable to a subsequent owner, or you can be refunded the prorated amount if you trade before the coverage is over. It's terrific peace of mind with all of the electronic gadgetry involved now, especially with Toyota Safety Sense sensors and cameras all over the vehicle.
     
    lowflyer[QUOTED] likes this.
  8. May 22, 2023 at 11:35 AM
    #68
    joshdub

    joshdub New Member

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    According to the forums toyotas are supposed to be the most reliable vehicle on the planet so wouldn't the extended warranty be useless?
     
  9. May 22, 2023 at 11:44 AM
    #69
    Go Birds

    Go Birds New Member

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    For you, I would say totally useless. Use the money for hookers and blow instead. They're much more entertaining than extended warranties!
     
  10. May 22, 2023 at 11:49 AM
    #70
    2021venture

    2021venture New Member

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    Not needing the extended warranty because of Toyota quality has always been my philosophy. My 2 cents are all the electonics are not as bullet proof. Cheap piece of mind for me. If I don't need it in 10 years of ownership that will be a great thing the rig has never had problems.
     
    salvojimmy, Nubes and LunarTR4 like this.
  11. May 22, 2023 at 3:42 PM
    #71
    lowflyer

    lowflyer New Member

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    It's kinda like house insurance. I have owned 6 houses over the years. None of them caught fire (yet), but it would have been foolish to not insure them. Insurance is peace of mind, and I can afford that peace of mind. When I first got the 2021 4R, I didn't think I would keep it beyond the 3 year warranty, so did not buy an extended warranty. Now that I see it will be years before new vehicles are readily available without markups, an extended warranty becomes more desirable. YMMV
     
    salvojimmy likes this.
  12. May 22, 2023 at 4:46 PM
    #72
    Go Birds

    Go Birds New Member

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    Here's an example posted just today on another 4Runner forum of the sort of thing that would be the warranty paying for itself: a ~$1,200 TSS repair.
     
  13. May 22, 2023 at 5:33 PM
    #73
    rmiked

    rmiked [OP] New Member

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    All this technology creates many opportunities for failure. Each is very expensive outside of warranty. Insurance costs are rising for same reasons and even more so with EVs. At Jerry’s prices, it’s almost guaranteed you will get your money’s worth, especially if you keep the vehicle longer than the factory warranty 3/36 or 6/60, whichever the failed parts are applicable to. The fact that you can get a pro-rated refund if you sell the car and cancel the policy is really the aspect that makes it too good to be true. I did that exact thing on a Corvette I sold that had the same cancel-refund feature. There is a $50 fee to cancel the policy deducted from the refund. But that’s round-off error IMO. So you get the insurance as long as you need it or until it expires.
     
  14. May 23, 2023 at 12:56 PM
    #74
    LuLu

    LuLu New Member

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    Also bear in mind that the latest 4Runners are now adopting latest tech - even though the engine and body are ancient.
    XREAS replacement alone outweighs cost of VSA.
    Plus you get prorated cost back - in case you sell the vehicle
     
    rmiked[OP] likes this.

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