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- The Toyota factory warranty offers 5 years/60,000 miles of powertrain warranty coverage in addition to 3 years/36,000 miles of bumper-to-bumper coverage.
- The length of a Toyota extended warranty can be increased to ten years.
- Customers claim to have paid between $1,500 and $2,500 for a Toyota extended warranty.
In This Article...
Why buying extended warranties is a bad idea?
Unfortunately, extended warranties are not all they’re cracked up to be, as the Ramsey Solutions blog argues, and there are a number of reasons you should avoid them.
According to the blog, one of the main reasons to stay away from extended warranties is the likelihood that you won’t actually utilize yours. That’s because the businesses that offer them “did the math” and usually make sure the warranties expire before the majority of the parts are expected to fail.
The extended warranties normally have several coverage exclusions, according to Ramsey’s site, so they are generally not worth the money. You’d be wasting your money by purchasing one because the guarantee might not cover the most frequent problems. The warranty provider could possibly go out of business before you can use it, in which case you would have paid ahead for nothing in return.
Ramsey further cautions that most extended warranties are costly and are a big source of revenue for both the businesses and the salespeople who upsell them to unwary customers.
What is covered by the Toyota extended warranty?
Toyota, like the majority of automakers, doesn’t disclose the price of their extended warranties on its website. However, according to our study, the typical price range for Toyota extended warranties is $1,0001,500.
Anytime up until the factory warranty expires, which is either 3 years or 36,000 miles, whichever comes first, you can buy a Toyota extended warranty. After the Toyota original warranty ends, you can also buy a third-party warranty plan.
The Vehicle Service Agreement, or VSA, is the name of the extra warranty offered by Toyota. Toyota offers the Platinum Protection, Gold Protection, and Powertrain Protection plans as its three VSAs for both new and used cars.
Your car is protected in the event of a mechanical malfunction or component failure by a Toyota extended warranty. Depending on the level of plan you select, different sections are covered. Up to 10 years and 125,000 miles of coverage are provided by a Toyota extended warranty.
What is covered by the Toyota 10-year, 100,000-mile warranty?
7-year/100,000-mile Limited Powertrain Warranty covers all internally lubricated parts as well as main engine and gearbox components. provides travel insurance with payment for housing and meals while traveling more than 150 miles from home.
Can the Toyota Extended Warranty be canceled?
Within 30 days, you can cancel your VSA and receive a complete refund less a $50 processing fee (as permitted by state law). If cancellations are requested after 30 days, they will be prorated. For information on the cancellation procedures in your state, contact your dealer.
What are the justifications for not purchasing an extended warranty?
When you are leasing, it is the most clear situation when you don’t need an extended warranty. You don’t need to buy additional protection if your lease is for three years and 36,000 miles and your manufacturer’s warranty is also for three years and 36,000 miles. If the dealer tries to sell it to you, it is actually a scam.
You will receive the same amount of value in return, so you might as well simply toss your money in the trash. Since an extended warranty doesn’t begin until the manufacturer’s warranty has expired, you would essentially be purchasing a plan that offers no coverage at all.
Recall your lease’s mileage restrictions! The original coverage will terminate if you go above the limit before the lease expires. If you are going to greatly exceed the mileage restriction, leasing is usually not the best option because you’ll end up paying a lot in over mileage penalties.
In the event that you disregarded our advice and signed a long-term lease, you will need to look into getting extended insurance.
Is purchasing an extended warranty a wise move?
Extended warranties are often “a lousy value” when it comes to the overall cost of your car, according to Gillis. 55% of consumers who bought an extended warranty in a Consumer Reports poll never used it. Most people who used the guarantee ended up spending more on repairs than they had originally saved.
Additional negatives include:
- A percentage of the repair expense may be covered by some extended warranties. The remainder, along with a deductible, is your responsibility.
- Exclusions: The fine language in every contract outlines how the warranty may be applied. For instance, the provider can refuse to pay for issues brought on by regular wear and tear or lower the claim settlement in light of your car’s depreciation.
- A Consumer Reports poll found that 55% of those who purchased extended warranties never used them.
- Limitations: You might need to bring your automobile to a repair facility that has been approved by the warranty instead of choosing your own technician.
- Overlap: If you already have coverage from the manufacturer’s warranty or a mechanical breakdown insurance policy, you may not need the extended warranty. In that situation, Gillis claims that “the additional coverage is not worth the premium.”
Is purchasing an extended warranty on a new car worth it?
Generally speaking, extended auto warranties aren’t worthwhile financially. According to a Consumer Reports poll, the majority of individuals who acquire an extended warranty save less on repairs than they paid for the agreement.
An extended car warranty is probably not worthwhile if you drive a dependable vehicle and keep enough money in savings to cover an emergency auto repair. Similarly, if you already have a dependable technician or have insurance that provides comparable benefits, you might not need an extended warranty.
However, choosing to buy an extended warranty isn’t necessarily only a financial one. For some people, the cost of mental tranquility may be worth it. You might feel more at ease purchasing an extended warranty if your car isn’t the most trustworthy. Just be certain that you are aware of the history of the car and your personal priorities.
Is paint covered by the Toyota extended warranty?
Toyota cares about our customers’ ownership experiences, even while the original factory paint is covered by the New Vehicle Limited Warranty for 3 years or 36,000 miles (whichever comes first).
What is covered by the extended Toyota Platinum warranty?
The inspections are more crucial than is frequently thought because problems can be found and fixed while the car is still covered by the entire manufacturer guarantee from Toyota.
Toyota offers three Extra Care options to help customers who intend to retain their cars for longer cover the cost of repairs over and beyond the standard warranty.
The highest level of electrical and mechanical breakdown insurance provided by Toyota is the Platinum Warranty.
Repairs of the engine, transmission, computer, air conditioner, radiator, fuel system, steering, suspension, electrical, and all other non-exclusionary parts are covered by the plan in terms of both parts and labor.
The Gold plan features a long list of components that are covered, but unlike the Platinum plan, it does not cover items that are not on the list.
This would be a good option for a base model Corolla, but a Sienna with all the bells and whistles will soon require repairs that are not covered by this option.
The engine, transmission, and axle assembly are the three primary components of this simple plan that enable the vehicle to move.
Owners who select this plan will eventually have to pay for repairs out of pocket, but at least the most costly issues are covered.
The $100 deductible only applies when repairs are made somewhere else, and it vanishes when the owner goes back to the selling dealer.
Although it only costs $250 more up front to get the $0 plan, the greater deductible appears to be the better option.
What is the price of the Toyota Platinum Warranty?
Retail Market Value for six years or one hundred thousand miles:
Model, usage, location, and odometer reading at the time of selling can all affect price.
Is Toyota’s warranty reliable?
Do you intend to get a Toyota extended warranty? Our review team explores the specifics of Toyota’s extended warranty plans in this article, as well as how they stack up against those offered by other top warranty providers. We’ll also go over why getting a third-party extended warranty is preferable to getting one from the manufacturer.
Extended Warranty from Toyota:
Every new Toyota comes with a bumper-to-bumper warranty for three years and 36,000 miles. However, the firm provides supplementary insurance for up to 10 years/125,000 miles for drivers who choose to prolong that coverage. To help drivers avoid unforeseen pricey repair expenditures and keep their peace of mind, Toyota offers a variety of coverage choices.
Visit our analysis of the top extended auto warranty companies to discover how Toyota’s coverage stacks up against leading third-party firms.
What is covered by the Toyota 5-year warranty?
Mirai Fuel Cell Warranty for 5 Years Any manufacture or assembly flaw-related problem is covered by the Mirai guarantee for a period of five years or 60,000 miles, whichever comes first, with no mileage restrictions for the first year.
Toyota warranties cover tires, right?
The coverage of the Toyota factory warranty has a few exclusions. Damage brought on by fire or theft is not covered, nor are breakdowns brought on by the use of fluids or gasoline that are not recommended in your owner’s manual. The following additional types of damage are not covered by your factory warranty:
- road trash (including stone chips)
- twig sap
- Salt
- pollution of water
- Damage caused by hail, floods, windstorms, or lightning during storms
- airborne substances
It’s also important to note that the manufacturer of the tires, not Toyota, provides the guarantee for tires.
The ToyotaCare No Cost Maintenance Plan offers new Toyota owners an additional incentive by paying for maintenance for two years and 25,000 miles as well as providing free roadside assistance for two years and unlimited mileage. But after the first two years, this service is not offered any longer. Expect to pay for an oil change, tire rotation, inspection, or fluid level correction yourself after the expiration date.
Furthermore, since the fundamental Toyota guarantee does not cover “regular wear and tear expenses” like engine tune-ups, spark plug or fuse replacements, wiper blade repairs, brake pad concerns, or cosmetic issues, Toyota owners will also need to budget for these costs. This includes any vibrations and noises your automobile may create, as well as any cosmetic issues or degeneration brought on by regular wear and tear from driving.
What renders a Toyota warranty invalid?
The warranty coverage on your vehicle may be negatively impacted by the installation of race or off-highway use parts. The installation of Race or Off-Highway Use Parts on a vehicle, as well as any malfunctions they might cause, are not covered by the car warranty.
Does Toyota provide warranties that include brakes?
- Warranty for Accessories: 12 Months
- Emissions Warranty in accordance with the Law
- Warranty for Toyota Certified Used Cars (TCUV): 12 months or 12,000 miles
The complete list of items not covered by the warranty is provided below. You can see the warranty handbook for additional information.
1. Usage-related damage: Items that experience typical wear and tear, noise, vibration, or degradation are not covered by a warranty. Foreign-substance-induced abnormal noise and odor are likewise not warranted. After six months, if filters, fuses, wiper blades, inserts, and bulbs (except from headlamps) need to be replaced, this is regarded as normal wear and tear and is not covered by the warranty.
2. Substances other than those found in covered equipment The engine, transmission, transaxle, drivetrain, and restraint system are all covered by the powertrain warranty. The seatbelt and tires are covered by other warranties. Beyond the applicable comprehensive warranty coverage, brakes, steering, and suspension components are not warranted. There is no warranty on replacement parts covered by the battery, extended retail muffler, or shock absorber warranties.
3. Corrosion at the dealer’s outlet: In cases where corrosion perforation results from subpar dealer handling of stock, repairs to in-stock units are not warranted. It is not guaranteed that accessories installed by a dealer or distributor won’t corrode or perforate if the prescribed rust preventative isn’t used. The price of these repairs will be borne by the dealer or distributor who installed the item.
4. Corrosion brought on by outside forces: Damages brought on by stones, salt, gravel, accidents or other types of impact, industrial fallout or pollution, or past repairs, are not covered by the warranty. External surface rust that has been neglected to be repaired and perforation that resulted from poor vehicle maintenance are also not warranted.
5. Cosmetic damages: Over time, your car may lose some of its luster and condition. There will inevitably be a few tiny dings, scratches, and chips. Parts that need to be replaced as a result of fading, distortion, deterioration, regular wear and noise are not covered by the warranty.
Batteries that have been dropped, opened, cracked, frozen, infected, or otherwise damaged are not covered by the warranty. It is not guaranteed that using the wrong electrolyte won’t result in battery failure. Battery recharges are also not covered under warranties.
7. Incidental or consequential loss resulting from discomfort, loss of use of the vehicle, or economic loss is not covered by the warranty.
8. Owner’s Manual not followed: The owner’s manual contains instructions from the manufacturer on how to operate the vehicle. Damage that occurs as a result of using the vehicle improperly is not covered by the warranty.
9. Competitive driving: Your car’s warranty is void if it is damaged during a race or other competitive driving event. This is due to the fact that the car was not designed for competitive driving.
In addition to the manufacturer’s warranty, it’s a good idea to search for strong warranty options provided by the dealer.