90-day or 4,000 mile limited warranty. Privacy Notice, and You can choose from a large repair network. You can get a full refund (minus a $50 processing fee) if you cancel within 30 days, and a prorated refund thereafter. When deciding whether to purchase a Lexus extended warranty, you should also consider your Lexus factory plan. The cost of a Lexus extended warranty depends on your particular vehicle and dealership. What is covered under the Lexus extended warranty? Lexus Corrosion Perforation Warranty-6 years/unlimited mileage. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. Third-party providers rarely guarantee the use of genuine Lexus parts for repairs, and because you dont need to have repairs done at a dealership, theres no guarantee that your car will be worked on by a Lexus-trained technician. They can generally be purchased at any time. Excluded from coverage under the LFS VSA. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical failure of a covered component. Continue reading to discover the different Lexus extended warranty Vehicle Services Agreement (VSA) options that are available to . Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. : Bumper-to-bumper coverage that includes components like the brake pedal subassembly, airbags, CD player, radio, coolant sensor, air pump, door lock assembly, hinges, and seat belts, Mid-tier coverage that includes electronic components, brakes, the cooling system, fuel system, hybrid components, and steering, : Basic powertrain coverage that includes components of the engine, transmission, and drive axle, 2-year/50,000-mile bumper-to-bumper warranty, 6-year/unlimited-mile corrosion perforation warranty, 10-year/150,000-mile hybrid battery warranty. If you buy coverage with the purchase of your car, the Lexus dealer will likely include it in your monthly payments, thereby charging you interest on the policy premium. Our team takes into account BBB ratings and the companys history of reliable service when giving this score. Lexus ranks seventh out of 32 brands with an overall reliability score of 4.0 out of 5.0. Lexus extended warranty coverage includes roadside assistance, substitute transportation reimbursement, and travel protection. Vehicle Dependability StudySM, and was second only to Genesis in the premium segment. Deductible applies to each eligible repair visit. We recognize CARCHEX as the Best for Used Cars. This coverage is available for the RZ 450e. We're taking you to Toyota.com website to connect you to the information you were looking for. Offers eligible maintenance coverage on your eligible new Lexus. Almost all parts are covered by the Lexus Platinum extended warranty plan, though some common exclusions apply. Vehicle extended warranties are very profitable for car dealers. A Lexus extended warranty may be a good idea, especially given that the Lexus factory warranty expires after only a few years. The average transmission replacement cost is between $1,800 and $3,400. Youre going to pay more for complete coverage, but more systems and parts will be protected. : While many third-party providers offer flexible payment plans, you wont have to worry about being charged interest. You can get a Platinum or Gold extended warranty for your used Lexus, tooas long as it is less than 10 model years old and has fewer than 125,000 miles on it. Lexus scores very well for reliability. Endurance vehicle service contracts extend over 200,000 miles and come in five coverage levels. Read the fine print to ensure you dont have to take the vehicle somewhere in particular. : The level of customer service and care provided by an extended warranty company is an important consideration. Mileage is unlimited. We use cookies to improve your experience on this website and so that ads you see online can be tailored to your online browsing interests. Ineligible vehicles include taxis, shuttle, commuter, municipal, professional, medical, emergency or police vehicles, salvage vehicles, all vehicles used or to be used for competitive driving or racing, vehicles used or to be used for plowing snow or towing a trailer in a manner exceeding manufacturer's recommendations, and all vehicles to be held by the purchaser or lessee for hire to the public or for hire to any persons not affiliated with the vehicle purchaser or lessee. Stay covered longer. Please refer to your agreement for specific coverage details, including limitations and exclusions. It ranked sixth out of 32 car manufacturers in J.D. If you go against this, your repair wont be covered, or you might void your warranty. Plans include no deductible for any eligible repair visit. Additionally, Lexus will provide a loaner car if repairs will take over eight hours. : Our research team reviews sample quotes for a variety of plans and vehicles. Available if vehicle is inoperable due to the mechanical failure of a covered component. Time and Mileage coverage periods for Used Vehicle Plans are measured from Agreement Application Date and Agreement Application Mileage. Note: The purchase of a Vehicle Service Agreement voluntary protection product is optional, cancelable (subject to specific agreement terms) and not required to obtain credit. The vehicle must be an L/Certified vehicle to be eligible for the L/Certified VSA. After a few minutes on the phone, the price was lowered to $99 a month. You learn more about your basic coverage and other options by reading the information below. Well review whats covered by the Lexus extended warranty, outline whats included in Lexus factory and certified pre-owned (CPO) warranties, and see how the Lexus offerings compare to some of the best extended auto warranty companies on the market. A Lexus extended warranty can be worth it if you expect to own your Lexus for a long time or if you want to protect yourself against costly repairs. What coverage does Lexus offer? Call Directly: 877-350-1136. If youre looking for additional coverage beyond a manufacturers warranty, you might be considering service contracts from third-party providers. Similar to Toyota, the parent company of Lexus, the brand has received high marks for reliability from multiple auto industry research groups. The chart below shows a detailed breakdown of Lexus reliability, according to, Covers your vehicle from bumper to bumper, similar to the Lexus Basic Warranty, Covers many vehicle parts, excluding various suspension and transmission parts, electronics, and more, Not all third-party providers provide quality coverage, which is why its important to research any company with which you plan to do business. WARRANTY Lexus confidently stands behind these exceptional vehicles with the L/Certified Limited Warranty, * which when combined with the new-vehicle Basic Warranty, can provide up to six years of vehicle warranty coverage. Your online account access will be available shortly. protects the transmission, transaxle, engine, and front- or rear-wheel drive systems. Customer service is an area where CARCHEX stands out from other providers. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. Copyright 2023 MarketWatch, Inc. All rights reserved. Roadside Assistance services provided by Automobile Association of America (AAA) and its affiliated clubs. The Lexus factory warranty includes 4 years/50,000 miles of bumper-to-bumper warranty coverage and 6 years/70,000 . The following factors will all influence the cost of your Lexus extended warranty: Our research experts found that the price of a Lexus extended warranty can range from $2,000 to around $3,800 depending on coverage. As is par for the course with most automakers, Lexus doesnt readily display the cost of its extended warranty, so youll need to contact a local dealership for exact prices. Roadside Assistance services provided by Automobile Association of America (AAA) and its affiliated clubs. Get exceptional coverage from the premiere vehicle service agreement for new Lexus vehicles, including repair costs for mechanical breakdown and parts after your vehicle's factory warranty expires. Lexus offers car buyers three tiers of extended warranty coverageto keep them on the road longer. Most of the vehicle service agreement options have ways to transfer coverage. If you are interested in independent coverage, our team of experts recommends Endurance. No matter what company you choose, it pays to read the terms carefully, so you understand exactly whats covered and not covered. : This rating is based on types of extended warranty plans available, coverage terms, and added benefits like roadside assistance. Lookup Safety Recalls & Service Campaigns. The Lexus Platinum extended warranty is the most comprehensive of the Lexus vehicle service agreements offered and includes repair costs for mechanical breakdowns after the factory warranty expires. Lexus does offer a detailed roadside assistance package as part of their extended warranty. Copyright 2023 Motor1.com. Your vehicles reliability and your personal finances are among the most important considerations when youre deciding whether to purchase Lexus extended warranty coverage. Below are common questions asked by Lexus owners regarding extended warranties for Lexus. If you want to compare all three Lexus vehicle service contracts, the table below lists the various extended warranty plans and the components covered by each one. In addition to part repair coverage, Lexus offers the following protection plans: All Extra Care coverage options come with 24-hour roadside assistance, which includes towing, dead-battery jumps and fuel delivery services. If you want to drive your vehicle for a few more years after the factory coverage expires, then it makes complete sense to cover it with a warranty. The site determines reliability scores by evaluating the following criteria: Lexus ranks seventh out of 32 brands with an overall reliability score of 4.0 out of 5.0. It is for approved Lexus vehicles up to 15 years old, subject to 150,000 mileage limit - the old Extended Warranty was for approved Lexus vehicles up to 10 years old and 140,000 miles, so the new extended warranty covers vehicles for longer in this respect. Give yourself and your previously-owned Lexus the highest level of VSA protection. If a covered component breaks down as the result of normal use, Lexus will pay to repair or replace that component. Coverage under the VSA is secondary to, among others agreements, any manufacturer warranty, other valid repair agreement or vehicle. Mileage is unlimited. Available if vehicle is inoperable due to the mechanical breakdown of a covered component. More than $1.5 billion claims covered. Coverage provides up to $50 per day for lodging and meals if you're more than 150 miles from home. However, according to RepairPal, Lexus vehicles are above average in terms of reliability and have a low annual repair cost of around $551. Yes, Lexus offers an extended warranty. Platinum Auto Warranty works with extended warranty companies that can cover your vehicle from costly car repairs, including mechanical, electrical, and technological repairs. Average Car Insurance Rates By Age and State, 7 Ways To Lower Car Insurance After An Accident, Mechanical Breakdown Insurance Vs. Extended Warranty, Progressive Mechanical Breakdown Insurance, Endurance vs. Carchex: Warranty Comparison, Lexus Warranty: Coverage Option Breakdown (Guide). : This score takes into account contract transparency and the availability of a money-back guarantee. All CPO Lexus vehicles come with any remaining Basic Warranty coverage, plus another 2 years/unlimited miles of bumper-to-bumper Lexus warranty coverage. Vehicles are considered "new" and eligible for this VSA up to 4 years or 50,000 miles, whichever comes first. In addition to checking to see if your vehicle is covered under an existing Lexus factory warranty, also consider the average costs to replace parts for your Lexus. Typical basic coverage lasts for three years, and powertrain coverage lasts for five years. There are three levels of coverage, called Extra Care plans. With over 20 years of industry experience, the company understands the ins and outs of the industry. (NMLS ID#8027). Time and mileage coverage periods are measured from the date the vehicle was first put into service as a new vehicle and zero miles. However, quotes can vary widely based on several factors, so its best to contact Endurance to get an idea of what a plan would cost you. L/Certified Limited Warranty is valid for a minimum of two years/unlimited mileage after the expiration of 4 year/50,000 mile new vehicle Basic Warranty, or two years from your L/Certified purchase or lease date, whichever occurs later. Coverage expires upon reaching your selected time or mileage of the coverage period, whichever occurs first. Available before or after financing or lease. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. Get peace of mind you're protecting your vehicle and flexibility to choose your terms and mileage. Call us at1-800-448-1505to get prior approval. Coverage is available 24 hours a day, 365 days a year within the continental US and Canada, while your agreement is active. Our review team has spent hundreds of hours researching car warranty companies to help consumers choose the best coverage for their vehicles. The company boasts accreditation and an A+ rating from the BBB. If your Lexus is newer than four years old, chances are it is still covered under its original warranty. These Lexus warranties come with benefits including 24/7 roadside assistance, substitute transportation reimbursement, and travel protection. We were quoted $180.45 for 36 months with a $100 deductible for the Secure plan with a term limit of 5 years/60,000 miles. The specific. The plans cover vehicles for 4 years or 50,000 miles, whichever comes first. $0 or $100 disappearing deductible per eligible repair visit. All of these are outlined in your Lexus vehicle service agreement. Deductible applies to each eligible repair visit.Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. Powers 2022 U.S. $0 or $100 disappearing deductible per eligible repair visit. An extended car warranty, also known as a vehicle service agreement, protects your investment for many years after the manufacturers warranty expires. Vehicles often break down, and investing in a Lexus extended warranty could save you money in the long run. However, as Lexus vehicles are fairly reliable, it is not guaranteed that the cost of your Lexus extended warranty will pay for itself. In the sections below, well review the specific parts and systems protected under the Lexus extended warranty. Lexus doesnt advertise the cost of extra coverage, but our research team has found that most extended auto warranties cost from $1,800 to over $3,000 in total. Learn More. The following chart shows some common Lexus repairs and estimated costs for those repairs, according to RepairPal. If you find a provider that doesnt back up its coverage with some sort of guarantee, you probably shouldnt shop with that company. CARCHEX backs its service and products with a 30-day money-back guarantee. Lexus warranty service is performed by Lexus-trained technicians using Lexus Genuine parts, and is available at any Lexus Dealership in North America. Lexus powertrain warranty coverage, which protects just the engine, transmission, drive axles, and related parts, lasts for 6 years/70,000 miles. Restrictions apply. 1 Applicable Hybrid components are covered under the Lexus Hybrid System Warranty. The vehicle repair cost estimation website RepairPal figures the annual repair cost for the brand is $551 per year, which is about $100 below the industry average. When we called CARCHEX with questions, the representatives were friendly and didnt pressure us to buy. Get quality coverage on many of your vehicle's eligible components, while still giving you the flexibility to choose your terms and mileage. Best Car Insurance For Teens And Young Drivers. If bills from these repairs would leave you financially strained, an extended warranty may be one way to finance repair costs. Coverage is available 24 hours a day, 365 days a year within the continental US and Canada, while your agreement is active. Lexus offers standard extended warranty options, and the manufacturers Platinum plan can give drivers comprehensive coverage at a reasonable price. TMCC is the servicer for accounts owned by TMCC, TLT, and their securitization affiliates. Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement.Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. By continuing to browse our site you agree to our use of data and cookies. In California, roadside service provided if vehicle is inoperable due to the mechanical failure of a covered component. Aside from extended warranties, Lexus also offers protection plans to cover systems and parts that most extended warranties exclude, such as the Tire and Wheel protection plan. Customers can choose their terms and mileage and pay accordingly. You want protection in case you arent satisfied within the first 30 days of ownership. These warranties are transferable and can be canceled within. If you need help right away, please call us at Can A Car Be Registered And Insured In Different States? Time and Mileage coverage periods for Used Vehicle Plans are measured from Agreement Application Date and Agreement Application Mileage. Coverage provides up to $35 per day for a maximum of 5 days per occurrence. This article will answer these questions and more. One of the biggest extended car warranty service brokers offering over 15 coverages. Read the fine print to ensure you dont have to take the vehicle somewhere in particular. A disappearing deductible is a deductible that is waived if the repair visit is performed by the dealer who sold the VSA plan. In California, roadside service provided if vehicle is inoperable due to the mechanical breakdown of a covered component. You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). : Comparing providers can be difficult due to the many factors that influence cost. The Lexus hybrid battery also has a 10-year/150,000-mile warranty on all 2020 and newer models. The three extended warranty plans offered by Lexus come with various levels of coverage for component parts and systems. If you're looking to protect your eligible, used Lexus, but don't need the broad coverage of our Gold or Platinum Lexus Care VSA plans, Powertrain Protection is for you. It is certainly worth looking into third-party alternatives to find the best price, but a Lexus extended warranty is likely a safe bet. There are several benefits from, : Visit any authorized repair shop instead of taking your Lexus to the dealership for repairs. Similar to Toyota, the parent company of Lexus, the brand has received high marks for reliability from multiple auto industry research groups. All new Lexus vehicles come with the following limited warranty protection: Certified pre-owned (CPO) Lexus cars are protected by a 3-year/100,000-mile basic warranty. Below is a list of the specific coverage found in your. There is a maximum of 5 days over the life of your agreement. With over 20 years of industry experience, the company understands the ins and outs of the industry. Retail installment accounts may be owned by TMCC or its securitization affiliates and lease accounts may be owned by Toyota Lease Trust (TLT) or its securitization affiliates. Below is a list of the specific coverage found in your Lexus factory warranty. For some drivers, the peace of mind offered by a Lexus extended warranty is worth the extra cost. One way to find out is by looking at your Lexus reliability. If your Lexus experiences a mechanical failure within your first few years of ownership, there is a good chance the repair will be covered under your Lexus warranty. Parts of hybrid Lexus vehicles are covered for 8 years/100,000 miles, including the hybrid battery control module, hybrid control module and inverter with converter. The site determines reliability scores by evaluating the following criteria: In this case, severe refers to any repair that costs more than three times the average annual repair cost for all models, or $1,956. Like most manufacturer warranties, the Lexus warranty is divided into several individual warranties, the most notable of which are a basic bumper-to-bumper warranty that lasts 4 years/50,000 miles and a powertrain warranty that lasts 6 years/70,000 miles. Fidelity Warranty Services earns a 3.6-star rating (out of 5) on Google reviews. Endurance currently has a 4.0-star rating from Trustpilot, with over 5,600 reviews. However, for customers who want to guard against the possibility of a potentially pricey repair, an extended warranty can bring peace of mind. Note: VSA Lease Wear product is not available in all states. For the Silver powertrain plan with 6 years/100,000 miles of coverage, we were quoted $182.78 for 18 months with a $100 deductible. Pros and Cons of Independent Warranty Companies. If you are a Lexus owner, you should be prepared to pay for some of these costs over your vehicles lifetime. Its helpful to do your own research by calling around and getting quotes. Cancellations will be prorated if applied for after 30 days from the issue date. Vehicles are eligible if they are within 13 model years and less than 100,000 miles.4Used vehicle plans are available only at the time of the used vehicle sale. Every new Lexus vehicle is backed by a limited Lexus manufacturer warranty coverage for 48 months or 50,000 miles. Its helpful to do your own research by calling around and getting quotes. You also dont have to pay interest on an extended warranty if youre financing. If you arent satisfied with the coverage, you can get a refund. It might cost more than buying a used vehicle. Vehicles are eligible if they are within current plus 9 model years and less than 125,000 miles.4Used vehicle plans are available only at the time of the used vehicle sale. Available during or after financing or lease. We like these providers due to their low costs, coverage options, customer service, industry standing, and additional perks. Independent companies can be good options for long-term Lexus extended warranty coverage, as long as you do business with a reputable extended car warranty company. LFS VSA Platinum eBrochure - Lexus Financial | Lexus Financial CARCHEX is one of the top third-party warranty companies with flexible options for Lexus vehicles. : You dont have to purchase the plan on the car purchase date or before the Lexus basic warranty expires. Reputable extended car warranty company that offers six levels of coverage and has excellent customer reviews. Protection is available for New Lexus vehicle for up to 4 years or 50,000 miles, whichever comes first. All rights reserved. Lexus offers $0 and $100 deductibles, and the option you choose will impact your final price. Valid receipts will be required for reimbursement. . Most manufacturers provide basic, powertrain, and corrosion warranties. There are three Lexus Extra Care Vehicle Service. How Much Does the Lexus Extended Warranty Cost? Click below to start receiving free, no-obligation quotes from our highest-rated providers. Coverage for high-mileage vehicles with a fairly extensive inclusion list that focuses on the powertrain, : Endurances most basic auto warranty that only covers parts of the powertrain, : Mid-level warranty with a short waiting period of only 30 days/1,000 miles, : High-tier comprehensive plan provides coverage for hundreds of listed parts, : Endurances exclusionary, bumper-to-bumper warranty, : Combines component coverage with coverage for maintenance items such as oil changes, brake pad replacements, and tire rotations. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical failure of a covered component. This is because warranty costs are personalized to your specific vehicle. We'll cover eligible repair costs due to mechanical breakdown after your factory warranty expires, including many parts not covered in our Powertrain plans. This coverage includes towing (for covered breakdowns), flat tires, being locked out of your vehicle, dead battery jump starts, and fuel delivery services (up to 3 gallons no more than 2 times per month, excludes fuel cell and electric vehicles). New vehicles are eligible for this VSA at time of lease only. . CARCHEX has five customizable extended warranty plans, excellent customer service, and great added perks. For the Supreme plan with the same term limit, we were quoted $97.22 for 36 months with a $100 deductible. After reviewing industry leaders in the vehicle service contract industry, we found that Endurance, CARCHEX, and CarShield are among the best extended warranty providers. Positive Reviews. This covers the hybrid battery control module, hybrid control module, and inverter with converter. Coverage provides up to $50 per day for a maximum of 5 days per occurrence. Book Service Appointment Coverage Details Because Lexus is a luxury vehicle, you may pay more for extended warranty coverage. Learn More. I am considering buying the Lexus Platinum Extended warranty to get me to warranty coverage until 2010 & 100,000 miles. Endurance currently has a 4.0-star rating from Trustpilot, with over 5,600 reviews. To see how much you would pay for third-party coverage, click below. If you buy a used vehicle, you can add coverage at any point before your car reaches 9 years/125,000 miles. Warranty . More Frequently Asked Questions. , which is one of the main reasons to consider adding a Lexus extended warranty after your factory coverage expires. All Lexus vehicles include a factory warranty that covers vehicle repairs in the event of a mechanical breakdown. Following is a summary of the Lexus Accessory Limited Warranty for genuine parts and accessories: We will either provide a replacement part or repair any Lexus part or accessory that is defective in material or workmanship. Well give you a quick overview of what each company provides below. Lexus Financial Services is a service mark of Toyota Motor Credit Corporation (TMCC). Dealerships will often push you to buy a branded vehicle service contract, but always do your research before purchasing an auto extended warranty through a dealership. Extended warranties can stretch up to 300,000 miles, which makes them good for .
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