The Lexus Vehicle Service Agreement is the name of the extended warranty for Lexuses (VSA). There are three types of coverage available for selection:
- Powertrain Extra Care: Basic protection for necessary components such the engine, transmission, and drive systems
- Extra Care Gold: Mid-tier coverage for most car systems and a number of parts.
- High-level stated-component coverage for the majority of vehicle systems with Extra Care Platinum.
The stated-component nature of all Lexus extended warranties means that each part that is covered is specifically listed. Exclusionary extended warranties are those that only specify the things that are not covered; Lexus does not provide this choice.
There are two methods to get a Lexus extended warranty. You have until four years or 50,000 miles following the vehicle’s date of in-service to purchase an extended warranty through your dealership if you purchased a new Lexus. You won’t be able to purchase a Lexus extended warranty after the original factory warranty has finished.
If you decide to purchase a used Lexus through a dealer, you have the second choice. If the car has less than 125,000 miles on it and is less than 10 model years old, you can add a Platinum or Gold extended warranty. If the car is under 13 model years old and has less than 100,000 miles on it, you can add a powertrain plan. Only at the moment of sale does this apply.
On its own website, Lexus does not list the mileage restrictions for its extended warranty, but the Longo Lexus dealership indicates that new vehicle plans have a maximum lifespan of 10 years or 100,000 miles, whichever comes first.
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Lexus Extended Warranty Perks
The advantages listed below are included with each level of Lexus extended warranty coverage:
- Transferability: The Lexus extended warranty may be freely transferred once to a secondary owner.
- With a $50 cancellation fee, you have 30 days to change your mind. After 30 days, you can cancel and receive a prorated refund.
Can a Lexus warranty be purchased?
Yes, Lexus does provide an additional warranty. Extra Care Platinum, Extra Care Gold, and Extra Care Powertrain are the three levels of Lexus’s extended warranty protection.
Although Lexus doesn’t publicize the price of additional protection, our research team has found that the majority of extended vehicle warranties range in price from $1,800 to more than $3,000 overall. You might have to pay more for extended warranty coverage because Lexus is a luxury vehicle.
Three Lexus extended warranty packages are available. While the most basic plan just covers the powertrain (containing the engine, gearbox, and drive system), the most comprehensive plan covers the majority of mechanical problems.
Some of the most trustworthy cars on the market are Lexus autos. Despite this, extended warranty protection for Lexus vehicles can still be useful if you can’t afford a costly, unanticipated repair. The value of the additional insurance for you will depend on your individual financial circumstances.
What business does Lexus employ for their extended warranties?
One of the best third-party warranty providers with adaptable choices for Lexus automobiles is CARCHEX.
The wide range of coverage levels offered by CARCHEX, which are simple to research on the company’s website, is one of the company’s main advantages. There are multiple plan possibilities for each level, for a total of 16 contracts.
- The highest degree of protection, equivalent to a bumper-to-bumper warranty, is titanium.
- Silver: Includes the key systems.
- Gold: The best option for vehicles with over 60,000 miles
- Powertrain protection in bronze
- Platinum: Consists of numerous components
You can acquire coverage for a maximum of 10 years with any of the coverage levels, with the exception of the Silver and Bronze plans. If you don’t require a lengthy warranty, choose a shorter duration to save money.
To obtain prices for a 2016 Lexus ES 350 with 48,000 miles, our review team called CARCHEX. We received a price for $187.84 for 18 months with a $100 deductible for the Titanium plan, which provides coverage for 7 years and 125,000 miles. We were given an estimate for $182.78 for 18 months with a $100 deductible for the Silver powertrain plan, which provides coverage for 6 years and 100,000 miles.
The business offers a number of flexible payment options, including a no down payment option. You won’t be required to pay anything to the repair facility when you take your vehicle in for repairs. All claims are handled by the company, minus your deductible.
CARCHEX distinguishes itself from other competitors in the field of customer service. The business boasts accreditation and a BBB A+ rating. The CARCHEX customer service employees were helpful and didn’t push us to make a purchase when we contacted with queries. The organization has over 20 years of expertise in the field and is well-versed in its nuances.
You are entitled to a refund if you are dissatisfied with the coverage. A 30-Day Money Back Guarantee is offered by CARCHEX to back up its service and merchandise.
Can I purchase a warranty extension on my own?
After your manufacturer’s warranty expires, you can always buy an extended warranty. The majority of contemporary automakers do, however, have a provision requiring car owners to sign up for an extended warranty plan before the manufacturer’s warranty program expires.
If you insist on purchasing an extended warranty from the manufacturer, we advise signing up for it as soon as your factory warranty expires to avoid coverage gaps. You can always get an extended warranty when you buy the car, but doing so will require you to pay interest on a warranty that you won’t be able to use anytime soon. But if it’s a package deal that offers further discounts, go for it.
However, a third-party extended warranty is the best option if you want to always have the option to choose an extended warranty. As long as your vehicle complies with the company’s requirements, the majority of businesses will supply you with coverage at any point throughout your ownership and may even offer extended warranties for used cars. CarShield is one of the greatest alternatives.
How long is the extended warranty on a Lexus?
- Bumper-to-bumper coverage is covered for 4 years or 50,000 miles under the Lexus manufacturer warranty, while the powertrain is covered for 6 years or 70,000 miles.
- Three up to ten-year extended warranty plans are available from Lexus.
- Only when the factory warranty is still in effect may a Lexus extended warranty be added.
Powerful engines and opulent interiors are supported by a brand with a reputation for dependability. Having a Lexus extended warranty, however, might lessen the financial burden of repairs when they do become necessary.
The alternative to a dealer-backed plan is an independent extended warranty provider, who may provide more freedom. Discover the basics of the Lexus warranty and your options for extending protection. Get many quotes from the top extended auto warranty providers to discover the best package for your needs. There are many trustworthy suppliers, so do your research. Start with a few of the recommendations from above.
Is there a lifetime warranty offered by Lexus?
Enjoy the freedom of worry-free driving with our special lifetime guarantee, which protects your vehicle for as long as you own it, unlimited miles, and at no additional cost.
What is a Lexus warranty void for?
What is a Lexus warranty void for? If non-original parts are put on the car, the extended warranty coverage is worthless, much as the manufacturer warranty on a new Lexus. Damage from incorrect repairs also voids it.
Are Lexus repairs expensive?
In comparison, maintenance and repairs are affordable because Lexus is Toyota’s premium arm. For its low ownership expenses, Lexus received an overall ranking from RepairPal of sixth. Owners of Lexus automobiles pay $551 on maintenance and repairs annually, while expenses rise as cars get older.
You can choose from a number of options to manage your Lexus maintenance costs. To minimize high maintenance expenses, you might want to consider extending your warranty. Although Lexus has its own program, there are several third-party alternatives available that may be more economical.
The most well-known providers were assessed, and we chose a few that stood out above the others. All of our suggestions for third-party extended auto warranties scored highly in terms of features, plan alternatives, industry reputation, and customer support.
Cover routine maintenance.
Under normal driving conditions, coverage includes tire rotations, multi-point inspections, oil and filter changes, and any other services listed in the Scheduled Maintenance Log of your Lexus Warranty and Services Guide. 3
Receive personalized service reminders.
Reminders for scheduled maintenance are tailored to your individual driving style. Simply show your Lexus Luxury Care card at your local participating Lexus dealership when it’s time for a visit.
How long do you want to be covered?
While a complimentary service is included with every qualified new Lexus4, Lexus Luxury Care provides additional coverage for a significantly longer period of time, up to 5 years and 90,000 miles (whichever comes first) from the date of first usage. 5
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.
Why should I avoid extended warranties?
Before buying, be aware of the manufacturer’s warranty. According to federal law, you must have access to the manufacturer’s warranty before making a purchase. When reading it, take notice of the warranty’s duration (usually 90 days or so), the items it covers, and if the seller would make a repair, a replacement, or a refund.
When a problem arises, it is important to get in touch with the manufacturer because some companies still fix products even after the warranty has expired. Remember that some extended warranties just repeat the protection that the manufacturer’s plan currently provides.
Verify if you already have extra protection with a credit card. Check to see if the card issuer extends the warranty if you purchased the item with a credit card. Many people do so for a year or longer. Call customer support to find out if your card offers such a benefit if you are unsure. Alternately, use an app like Sift, which will inform you of the warranty’s duration before you make a purchase with a particular card.
Check the small print. Your perception of extended warranty coverage may not be accurate. Extended warranties may have several exclusions that reduce the value of the service. According to the Federal Trade Commission, insurance firms may be allowed to reject a claim if you haven’t adhered to their recommended maintenance schedules or accidental damage may not be covered by the policy.
Your usage of a certain service provider or repair facility for service may also be mandated by the warranty.
Richard Alderman, director of the Center for Consumer Law at the University of Houston, warns that if you don’t reside in a big city, you could have to carry the merchandise to an inconvenient location. Despite the fact that shipping isn’t included, you might need to ship it somewhere.
One out of every five customers who use an extended warranty is not happy with the repair, and getting it corrected can take a while or many attempts. The possibility of the warranty provider going out of business exists as well.
However, repairs are typically not too pricey. Going without one isn’t a major risk because the cost of needing a repair without an extended warranty isn’t very high.
Also take into account the location of the product’s purchase. Find a store that accepts returns for damaged goods. Even years after the original purchase, stores with the friendliest return policies will still take back damaged goods because “not every firm is out to get you,” says Bob Hunter, director of insurance for the Consumer Federation of America.