The current owner of the vehicle will typically need to contact the warranty company or dealership to start the transfer procedure or send a letter notifying the warranty provider of the sale of the vehicle in order to transfer the warranty to the new owner. Usually, you have 30 days to complete this.
Check to verify if you still have factory coverage, extended factory coverage, or independent third-party warranty coverage available before starting the process of transferring your car warranty to a new owner. To find out how much of your service plan is still left and to confirm that you can transfer the plan, call your dealership or warranty provider and provide them with the VIN of your car.
The transfer process includes the buyer as well, who provides the warranty provider with their fundamental contact information and information regarding the sale. It is necessary to keep documents and receipts related to ownership changes.
Third-party protection plans often have greater maximum term restrictions, so you might find it simpler to transfer a contract from an independent provider, as you’ll discover from Endurance warranty reviews and CARCHEX evaluations.
In This Article...
Is my Toyota warranty transferable?
Toyota does provide transferable warranties, but your ability to do so depends on your location, the vehicle’s age and mileage, whether you bought it new or used, and all of these factors. The New Vehicle Limited Warranty, if the vehicle is sold while under warranty, is automatically and free of charge transferred to succeeding owners, according to Toyota’s website. For instance, if the first owner sells a Toyota Highlander that is two years old, the new owner may continue to benefit from the standard warranty for an additional year. The used car warranty is transferrable if the car is Toyota-certified used, however the coverage starts on the day the car was first bought from a Toyota dealer. Remember that transfers of Toyota warranties are not permitted in Hawaii, and that they may have differing warranty coverage in Alabama, Florida, Georgia, North Carolina, and South Carolina.
What does an extended car warranty cover?
A longer warranty offers protection from pricey, unanticipated repairs. The coverage varies based on the provider and the plan you choose, and it covers repairs for a predetermined number of time and miles.
What is the standard Toyota warranty?
Like all auto warranties, the basic Toyota warranty is a free bonus with the purchase of a new vehicle and covers specific mechanical failures.
What is covered by Toyota’s warranty?
As soon as the car is delivered to the buyer, the Toyota warranty is activated. It includes fundamental protection, protection for the powertrain, rust-through protection, and, in some areas, protection for emissions.
Does Toyota offer extended car warranties?
Yes, Toyota offers Platinum, Gold, and Powertrain levels of protection that can be purchased through a dealership. These choices, meanwhile, may seem limited to car owners because repairs must be carried out at a Toyota shop. They also don’t cover everything.
Should I purchase and extended car warranty through Toyota or a third-party provider?
Although the final decision rests with the wants and tastes of the car owner, customers may be happier with the options provided by third-party providers. We advise CARCHEX because it provides highly customizable plans, freedom and choice when it comes to repair facilities, substantial coverage, and advantages for the driver. CARCHEX offers free quotes over the phone at 866-254-0205 or online.
*Data current as of May 2017. Based on the average total cost of the Vehicle Protection Plan for a four-year coverage period, the average monthly coverage cost is calculated. Actual monthly payments will vary depending on the payment policy of the plan. Depending on the specific make, model, year, mileage, coverage level, and term duration, individual prices may vary.
Is it good to buy an extended car warranty?
Yes, purchasing an extended warranty is typically a great method to give your new or used car long-term security. Nevertheless, they may not be the greatest option for all drivers, so consider your financial circumstances.
What’s covered by Toyota’s extended warranty?
A comprehensive variety of engine and cabin systems are covered by Toyota Platinum Protection. With a sizable number of component coverage exclusions, the second Toyota extended warranty option, Gold Protection, is a mid-level coverage option. Powertrain Protection, the entry-level category of Toyota’s extended warranty, only provides coverage for vital powertrain elements like the engine, gearbox, and axle-assembly systems.
Is Toyota’s extended warranty refundable?
Yes, if you decide to change your mind within 30 days of purchase, Toyota’s extended vehicle service protection plans can be canceled for a full refund. Your extended Toyota warranty will be reimbursed on a prorated basis following the initial 30-day term, less a $50 administrative processing fee.
Does a second owner qualify for the Toyota warranty?
Three warranties are instantly and free of charge transferred to the new owner when you buy a Toyota Certified Used Vehicle, adding to its resale value. The Comprehensive Warranty, Limited Powertrain Warranty, and Roadside Assistance are all separate warranties that are part of the Toyota Certified Used Vehicle Warranty. To discover more about the warranties offered on Toyota Certified Used vehicles, keep reading.
Transfer of extended warranty to new owner?
Even if it is possible, an aftermarket warranty is never automatically transferred to the new owner. The original owner of the car will typically need to get in touch with the warranty provider and give permission for the warranty to be transferred.
Does a warranty continue with a subsequent owner?
Typically, the Warranty Transfers In other words, even if you buy a new car and then sell it to someone else, the new owner will still be covered by the warranty for the remainder of the original guarantee period.
What takes place if a car is sold with an extended warranty?
Should I terminate the extended warranty on my car if I sell it? You can cancel the extended warranty once you sell your car, and your lender or the other business from which you bought the warranty ought to be able to provide you a prorated refund.
The warranty on my automobile transfers when I sell it, right?
It’s critical to keep in mind that the car’s actual purchase date by the original customer, not the model year, determines the warranty’s active date. Therefore, in most cases, the guarantees do transfer. The rules can, however, be broken.
How can I verify my Toyota warranty?
Calling your dealer and giving them your car’s VIN will allow you to find out if your Toyota is still covered by warranty. Your information will be searchable by the dealer, who will be able to inform you of your protection status. They’ll be able to inform you of what is and isn’t covered as well.
A dealer has the right to refuse to revoke an extended warranty.
If you request a termination of an extended warranty beyond the deadline, that is typically the justification a dealer will give. Most frequently, a warranty provider will include a clause in the agreement setting down a strict timeframe for canceling the warranty plan. These facts are frequently stated in small text that is purposefully positioned towards the bottom of a page to avoid alarming potential buyers who may be confused about this period, which can range from 30 to 60 days.
If you are able to cancel within this time frame, you are entitled to a full refund of the cost of your extended warranty. However, cancellations should still be permitted after the aforementioned period unless the contract you signed specifically specifies otherwise.
You should be able to terminate at any time and obtain a prorated refund if the contract doesn’t include anything to that effect; but, if you’ve previously made a claim under the extended warranty, this might not be available.
Does an extended warranty boost the value of a resale?
Choosing an extended warranty may enable you to avoid paying for necessary repairs. increases the resale value of a car. According to studies, drivers who acquire an extended warranty frequently drive more skillfully and safely. As a result, the car will have a higher market value than cars without it.
When does a Toyota warranty expire?
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.
What exactly does the Toyota extended warranty cover?
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 does the five-year Toyota warranty cover?
Toyota provides warranty protection for both new and used cars through its New Vehicle Limited Warranty, which can assist in covering repair costs in the event that some components malfunction or breakdown too soon. A manufacturer or bumper-to-bumper guarantee that covers defective parts for three years is included with every new Toyota. The vehicle’s in-service date, which is the day it is either delivered to the final buyer, leased, or first utilized as a company car, marks the beginning of your warranty.
Toyota’s factory warranty covers any repairs or replacements required as a result of flaws in the materials or workmanship.
What should be covered when you buy a Toyota is as follows:
- Restraint systems are covered for 5 years or 60,000 miles: Seat belt and air bag system defects are covered by the Restraint Systems Warranty.
- 5 year/unlimited mileage coverage against rust-through You are covered by this corrosion perforation warranty against any perforations caused by corrosion or rust on your car.
- Toyota’s limited powertrain warranty will cover repairs and modifications on the vehicle’s primary power components, including the engine, transmission, transaxle, front-wheel-drive system, and rear-wheel-drive system, for a period of five years or 60,000 miles.
- Coverage for accessories: The Toyota Accessory Warranty provides 36 months or 36,000 miles of coverage for Genuine Toyota accessories that come with your car. Later-purchased accessories come with a 12-month/unlimited-mileage warranty.
- 3-year/36,000-mile bumper-to-bumper coverage: The basic coverage includes modifications and repairs for the majority of potential problems. The Basic Warranty also covers wheel balance and alignment, but only for 12 months or 12,000 miles.
- Coverage for pollution control: Federal and California legislation ensure that your Toyota complies with emission requirements. Please refer to your Toyota Warranty & Maintenance Guide for specifics as the duration of coverage varies depending on the state in where your car is registered. Terms are available at intervals of 2 years/24,000 miles to 8 years/80,000 miles.
Toyota Hybrid Vehicles
The same 3-year/36-month basic coverage and 5-year/60,000-mile powertrain coverage are included with your Toyota hybrid car, along with coverage for some hybrid-specific items. Components associated to hybrid vehicles are insured for 8 years or 100,000 miles. Battery, battery control module, hybrid control module, and inverter with converter are all included in this.
Toyota Certified Used Vehicles (TCUV)
Toyota vehicles with less than 65,000 miles on them and an age less than 6 years are eligible for a used car certification. Vehicles must pass a 160-point inspection and have their CARFAX reports reviewed in order to be considered a Toyota Certified Used Vehicle (TCUV). A special used Toyota warranty is included with TCUVs, and it covers many of the same things as new car warranties from the time of purchase.
- Basic repairs and replacements are covered by a 12-month/12,000-mile Limited Comprehensive Warranty.
- Fuel Cell Vehicle 8-year, 100,000-mile Warranty
- Limited Powertrain Warranty for 7 Years and 100,000 Miles
- Roadside assistance for a year
- Factory Hybrid Vehicle Battery Warranty for 8 Years and 100,000 Miles