The cost of a Toyota extended warranty is determined by a variety of factors. First, the price will vary according to where you purchase the warranty. When you purchase your Toyota, you have the option of using a third-party supplier or purchasing protection directly from the Toyota dealership.
According to estimates, a Toyota extended warranty purchased from the dealer will cost between $1,000 and $1,500. Typically, this cost is included in your financing, and you must pay interest on it.
The lack of conflict of interest with a third-party source will help you pay less overall. The capability to compare shop is another key advantage you have with third-party providers. Toyota won’t be providing you with vehicle service contracts from other warranty administrators, after all.
The cost of a Toyota extended warranty is actually not very high. For a lot less money than you would have anticipated, you can acquire full coverage. According to CARCHEX’s assessment from 2018, the average monthly insurance premium for a Toyota model from 2007 to 2014 was just $56. That not only makes sense financially, but it also gives you total peace of mind.
When looking for an extended third-party auto warranty, bear in mind that the following things will effect the cost:
- the state of your vehicle
- your Toyota’s model year
- selected coverage level
- Toyota brand
- the deductible sum
In This Article...
The quality of the Toyota warranty.
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 should the cost of a Toyota extended warranty be?
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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.
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.
Should I purchase a used Toyota with an extended warranty?
Generally speaking, we advise against purchasing an extended warranty for a used vehicle. The goal of warranty firms is to make money, therefore they typically have done their research.
What does the Toyota warranty not cover?
The guarantee does not apply to parts of your car that need to be fixed or replaced due to wear and tear from use. Brake pads, brake rotors, batteries, wiper blades, hoses, air filters, oil filters, lightbulbs, and fluids are some examples of the things that fall under this category. Additionally, any repairs brought on by a collision, vandalism, or negligence are not covered by the guarantee. As a result, it’s crucial to get your car maintained at the dealership in accordance with the manufacturer’s guidelines.
Is an extended warranty worth the money?
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:
- A Consumer Reports poll found that 55% of those who purchased extended warranties never used them.
- 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.
- 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.
- A percentage of the repair expense may be covered by some extended warranties. The remainder, along with a deductible, is your responsibility.
- 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.”
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.
Can I revoke my extended Toyota warranty?
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.
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:
- pollution of water
- Salt
- Damage caused by hail, floods, windstorms, or lightning during storms
- twig sap
- road trash (including stone chips)
- airborne substances
It’s also important to note that the manufacturer of the tires, not Toyota, provides the warranty 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 is the new warranty from Toyota?
Warranty for New Vehicles Every new Toyota vehicle comes with a 36-month/36,000-mile limited warranty1. But things don’t stop there. Basic Protection: 36 months and 36,000 miles (all components other than normal wear and maintenance items).
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.
Is engine repair covered by an extended warranty?
If you’ve taken good care of your automobile and just had bad luck with your engine, your extended warranty will definitely come to your rescue. Fortunately, if you have any form of extended warranty, your engine is almost certainly covered by your extended warranty.
Nevertheless, based on our experience, this is a rare occurrence that is typically brought on by failing to regularly repair your engine in accordance with the manufacturer’s recommendations.
How long is the factory warranty on Toyota vehicles?
A 36-month/36,000-mile limited warranty is included with every Toyota car. But it goes further than that. 36,000 miles over 36 months (all components other than normal wear and maintenance items).
Is a scratch covered by my Toyota warranty?
covers unforeseen wear and usage costs including dents, poor tire tread, and scratches as described in your lease agreement. Dented exterior surfaces and paint damage. Damage to the side glass, wheels, and wheel covers.
Is purchasing an extended warranty for a new automobile a wise idea?
A bumper-to-bumper warranty of at least three years and 36,000 miles is almost always included with new cars. The warranty is even longer for several brands.
You don’t need an extended warranty if you maintain or lease your car for a shorter period of time than the manufacturer warranty.
You can think about getting an extended warranty to cover repairs in the vehicle’s fifth and sixth year or longer if you want to maintain it till the wheels fall off.
How valuable is the bumper to bumper warranty?
Extended bumper-to-bumper warranties are worthwhile because they provide the highest level of peace of mind. You won’t have to worry about paying for expensive repairs as your car matures if you have comprehensive coverage. Bumper-to-bumper insurance alternatives, however, are sometimes the most expensive.
To ensure you’re getting the greatest bargain, we advise doing some comparison shopping and requesting estimates from several service providers. In the end, you’ll have to decide whether a bumper-to-bumper extended warranty is worthwhile for your situation and budget based on the pricing and term details.
Can you get an extended warranty later on?
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.