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.
In This Article...
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.
What should the cost of the Toyota Platinum Warranty be?
The price of your Toyota extended auto warranty will vary depending on the make, model, and mileage of your automobile. The most extensive Toyota extended warranty, Platinum protection, costs between $1,500 and $2,500 for eight years, according to online customer reviews. For an extended warranty, the lower end of this range is a great deal, while the higher end is about average for a manufacturer’s extended warranty.
In general, the price of an extended auto warranty decreases with time. An extended warranty won’t be useful until after the original warranty on new Toyotas has expired because it already covers them for 3 years and 36,000 miles.
From dealership to dealership, the average cost of a Toyota extended warranty can vary. You must speak with your neighborhood Toyota dealer to see how much an extended warranty for a Toyota would cost you. Typically, you must purchase this guarantee at the time of purchase or before the Toyota new car warranty (3 years/36,000 miles) ends.
Is an extended warranty on a Toyota worthwhile?
Our review staff takes great delight in providing consumers with factual and unbiased information. On order to compile our rankings of the best service providers in the market, we collected information from numerous extended vehicle warranty businesses. Companies are rated in each of the following categories and given an overall score out of 5.0:
- Customer service: An extended warranty provider’s degree of customer service and care is a key factor to take into account. Our review staff sorts through consumer feedback and grievances from reliable websites like Trustpilot and the Better Business Bureau (BBB). Based on our study of the secret shoppers, we also take the responsiveness of each company’s customer support team into account.
- Price: Because there are so many variables that affect costs, comparing suppliers can be challenging. We use a secret shopper analysis using various automobiles, mileages, warranty plans, and locations to calculate this score.
- Coverage: To accommodate consumers’ various needs, a broad range of coverage is necessary. We consider the quantity of available extended auto warranty policies, period restrictions, exclusions, and supplementary features.
- Reputation: Reputable extended warranty suppliers routinely deliver top-notch services. When determining this number, our team considers the BBB ratings and the company’s track record of dependable service.
- Customers value open and honest communication when it comes to vehicle servicing contracts, thus transparency is important. The availability of money-back guarantees and sample contracts is taken into consideration by our experienced staff.
Q & A
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.
It’s worth it to spend a little monthly price for a Toyota extended warranty if you’re concerned about having to make expensive repairs. You will only have to pay a deductible for repairs at the time of service. Extended auto warranties frequently include with roadside assistance and rental car reimbursement coverage, too.
Three coverage options are available from Toyota for extended warranty plans, each of which covers a different part of your car. The Powertrain Plan focuses on protecting your car’s most expensive parts, such the engine, while the Platinum plan offers complete, bumper-to-bumper coverage.
Can I revoke my Platinum Toyota Warranty?
Cancellation. 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.
What is included in the Platinum Warranty from Toyota?
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.
Do tires fall under the Toyota Platinum Warranty?
1 The only plan created and supported by the might of Toyota, every Platinum plan also includes replacement-only tire coverage and wheel replacement if it fails to seal with your tire. Select the strategy that best suits your needs and financial situation. For a maximum of five years, coverage is offered.
Toyota Extra Care Platinum cost:
Before the factory warranty, which lasts for three years or 36,000 miles, expires, you can purchase a Toyota extended warranty from the dealership. After the factory plan expires, you can also purchase third-party insurance.
Toyota provides three different levels of warranty protection. All of the vehicle’s major systems and a number of high-tech components are covered by the top plan, Platinum.
Depending on your vehicle, the Platinum vehicle service agreement, which is the highest extended warranty offered by Toyota, may cost $1,500 or more.
Do extended auto warranties have any value?
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.
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.
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.
The alternator is covered by the Toyota extended warranty.
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.
Prepaid maintenance contracts worth the money?
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.
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)
- airborne substances
- twig sap
- pollution of water
- Damage caused by hail, floods, windstorms, or lightning during storms
- Salt
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.