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- 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.
- 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.
In This Article...
My Toyota VSA may I cancel?
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.
Can you subsequently purchase a 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.
How valuable is Toyota Prepaid Maintenance?
Doing the arithmetic before meeting with the dealer is the key to saving money, as it is with the majority of components of the car-buying process. Compare the plan’s cost to the expected cost of the out-of-pocket expenses or scheduled costs for the covered period.
The maintenance you’ll need and when you’ll need it should be listed in your owner’s manual. For a breakdown of the costs associated with planned maintenance, contact the dealer service manager. You can find out the scheduled maintenance costs for particular models at normal service intervals using the maintenance cost calculator and cost-to-own calculator offered by Edmunds.
Prepaid auto maintenance plans are ultimately not worthwhile if the expected cost of scheduled maintenance for your new car for the first 30,000 miles is $400 and you spend $800 for the plan. You save money if you get the plan for $250. You can strike a balance, but keep in mind that if the prepaid maintenance plan is part of your loan, you should estimate the total cost by adding the interest cost to the flat maintenance cost.
Does an extended warranty make sense?
In a Consumer Reports poll, 55% of those who bought an extended warranty never used it, and of those who did, the majority saved less on repairs than they paid for the contract. Therefore, extended warranties are often “a lousy value” when it comes to the long-term cost of your car.
Additional negatives include:
- 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.”
- A Consumer Reports poll found that 55% of those who purchased extended warranties never used them.
- Additional costs: A deductible and the remainder of the repair charge may be covered by some extended warranties.
- 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.
- Exclusions: Every contract has fine language that details how you can utilize the warranty, for instance, the provider may not cover issues brought on by natural wear and tear or may limit the claim payout in accordance with the depreciation of your car.
What is covered by the Toyota 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.
Is Toyota covered by a ten-year warranty?
Yes. Your car will be covered by a Toyota extended warranty for up to 10 years or 125,000 miles, whichever comes first. For both new and pre-owned Toyotas, Toyota offers three warranty programs. You can choose between basic coverage and bumper-to-bumper protection for the critical components and systems in your Toyota.
What is covered by the Toyota 5-year warranty?
5 year Mirai Fuel Cell Guarantee Under normal operation, the Mirai warranty covers any flaw that can be traced to a manufacturing or assembly error for a period of five years or 60,000 miles, whichever comes first. The first year has no mileage restrictions.
After purchasing an extended warranty, can you cancel it?
Anytime you decide to cancel your extended warranty, you’ll receive a prorated refund for the period that was left on your policy. If the warranty was part of your loan, your car payment won’t change, but after the refund is taken out of your balance, you might be able to pay off the car sooner.
To make the cancellation process as simple as possible, think about the following advice:
Check the small print. For information on who to contact and whether there is a cancellation fee, locate the paperwork for your insurance. Call the finance manager who sold you the extended warranty if you just purchased it and you don’t yet receive the contract. You might need to get in touch with the business through phone or letter regarding third-party warranties.
Don’t feel forced to defend your reasons for canceling-just keep repeating “no. When you phone a warranty business, realize that you’ll likely be forwarded to a retention department where the personnel is trained to urge you into staying with them.
Get it down on paper. Get a copy of any cancellation forms that you might be required to fill out signed by a dealership employee. Keep copies of any pertinent paperwork, including your cancellation letter or form.
Following up To ensure that your cancellation was successful, schedule a reminder. You can speak with your lender or check your loan statement.
How soon can an extended warranty be cancelled?
If you wait until beyond the deadline, you won’t be able to cancel an extended warranty. Some warranty providers place severe restrictions on how long you have to decide whether to cancel your extended warranty. Typically, this window of time is between 30 and 60 days.
If your contract doesn’t specifically specify otherwise, you should still be allowed to cancel your warranty even in this scenario. Even if you paid in full for your warranty and decide to cancel after the deadline, you should still be eligible for a prorated refund.
You might have to see your warranty through to the end of your contract if you are actually unable to cancel it.
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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:
- twig sap
- Damage caused by hail, floods, windstorms, or lightning during storms
- road trash (including stone chips)
- Salt
- pollution of water
- 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.
The basic Toyota warranty does not cover “normal wear and tear expenses, such as engine tune-ups, spark plug or fuse replacements, wiper blade repairs, brake pad issues, and cosmetic problems.” This includes noises and vibrations your car may make, as well as cosmetic conditions or deterioration brought on by normal wear and tear on the road.
What does the Toyota warranty cover?
Toyota offers a three-year, 36,000-mile basic warranty, whichever comes first. This basic warranty covers all necessary maintenance and repairs to all automotive parts due to a manufacturing or material defect supplied by Toyota. This covers parts like your entertainment system, steering system, brake system (apart from brake pads and rotors), alternator, and more. Additionally, it will cover any recalls carried out while your warranty is still in effect.
Am I able to revoke Toyota Extra Care?
3) Starting at the earlier of the date of initial use or 45,000 kilometers. Date of first use is when your new car is initially put into operation. If the vehicle had 799 miles or fewer when it was first put into service, it was considered new at that time.
4) Excludes all fluids and parts save for emergency fuel delivery. Valid only in the U.S. mainland.
5) For information on factory-recommended servicing and intervals, consult the vehicle’s maintenance manual. Each model has different service requirements and intervals. excludes the items specified under Special/Severe Operating Conditions in the maintenance manual.
6) Your inflated spare tire will be used to replace the damaged tire.
7) To the neighborhood Toyota dealer (or to the Toyota dealership of your choice within 25 miles of the nearest dealer).
8) Recovery from mud, sand, or snowdrifts. A regularly used road must be nearby for the vehicle to be serviceable using typical servicing tools.
Transferability: Original owners may transfer coverage once to a third party; dealers are not included in this. There is a $50 transfer charge.
ToyotaCare Plus can be cancelled for a full refund if no benefits have been paid within 30 days of the manufacturer’s maintenance program expiring. Please check with your dealer or refer to your agreement whether benefits have already been paid or if you are canceling after this time.
Is having maintenance done on a leased car worth it?
A maintenance plan can make sense if you’ve exceeded your automobile lease’s maximum mileage allowance (often 30,000 miles or more). Your new lease car is more likely to experience wear and tear as you log more kilometers. You are defending yourself against potential damage costs at the conclusion of the term, which may end up costing more than the maintenance option itself, because these deals also tend to be the most expensive.
However, you might not be able to pay the additional expense on top of your monthly leasing payments. It probably isn’t worth paying for if this is the case and your contract is three years or less.
All new automobiles come with a manufacturer warranty that will protect you in the event that your car develops unanticipated mechanical or electrical issues. Therefore, a maintenance package might not be required if you adhere to fundamental maintenance practices like fueling, periodic oil checks, and driving in a way that keeps the automobile damage-free.
To get your total monthly expense, calculate the cost of a maintenance package in addition to the cost of your lease. The pricing can then be compared to servicing charges and popular replacement components from nearby garages to assist you make a decision.