The most basic extended warranty coverage offered by Lexus is its Powertrain protection plan. Drivers reported paying between $2,000 and $3,300 for 5-year/unlimited-mile Platinum extended service contracts. Why a Lexus Extended Warranty is a Smart Investment - Endurance Warranty If the Disappearing deductible option is selected and the selling dealer of the VSA performs covered repairs, the $100 deductible will be waived. Our review team has investigated a large number of providers and determined the, If a third-party extended warranty interests you, start comparing free quotes from reputable extended car warranty providers like. The company offers six distinct levels of coverage, which are easy to research on the Endurance warranty website. Deductible applies to each eligible repair visit. Flexible coverage terms providing the right level of protection based on your mileage and how long you plan to keep your vehicle. For the Silver powertrain plan with 6 years/100,000 miles of coverage, we were quoted $182.78 for 18 months with a $100 deductible. Premiere protection for eligible component groups in your L/Certified vehicle. Extended warranties can stretch up to 300,000 miles, which makes them good for . If you are interested in independent coverage, our team of experts recommends Endurance. Lexus scores very well for reliability. Below we list the parts covered by the Powertrain extended warranty. For some drivers, the peace of mind offered by a Lexus extended warranty is worth the extra cost. When we called CARCHEX with questions, the representatives were friendly and didnt pressure us to buy. Lexus offers standard extended warranty options, and the manufacturers Platinum plan can give drivers comprehensive coverage at a reasonable price. Lexus Platinum Plan Your peace of mind is our number one priority with our most comprehensive coverage plan *. Although theyre shorter than some of the. Lexus dealerships may sell such warranties, but these are not offered or serviced by the Lexus brand or the Toyota Motor Corporation. Receive: 24/7 roadside assistance and reimbursements for covered vehicle rentals, meals, and lodging. Pleasesee your dealerfor state-specific cancellation policies. Learn More. Whether the extra coverage is worth it for you will depend on your personal financial situation. Third-party providers rarely guarantee the use of genuine Lexus parts for repairs, and because you dont need to have repairs done at a dealership, theres no guarantee that your car will be worked on by a Lexus-trained technician. Vehicle Dependability Study, one costly repair could break the bank. Powertrain Warranty-6 years/70,000 miles. Companies receive a score out of 5.0 overall, as well as a rating in each of the following categories: AutoGuide reviewed the top extended auto warranty companies to find the best. Lexus Extra Care Gold Anytime you shop for coverage, we recommend getting quotes from several sources. Check Price. How Good Is The Lexus Certified Warranty? In California, roadside service provided if vehicle is inoperable due to the mechanical failure of a covered component. We recognize CARCHEX as the Best for Used Cars. How to Find Out If Your Lexus is Still Under Warranty. Get exceptional coverage from the premiere vehicle service agreement for new Lexus vehicles, including repair costs for mechanical breakdown and parts after your vehicle's factory warranty expires. Copyright 2023 MarketWatch, Inc. All rights reserved. Lexus Service Part Warranty-1 year/unlimited mileage. , which is one of the main reasons to consider adding a Lexus extended warranty after your factory coverage expires. RepairPal collects driver-reported data to determine reliability scores for many vehicle manufacturers. In California, roadside service provided if vehicle is inoperable due to the mechanical failure of a covered component. You can choose one of the companys flexible payment plans and a no-down payment option. It also includes wheel alignment and balancing for 1 year/12,000 miles. Each level has several plan options, with 16 contracts in total. If you find a provider that doesnt back up its coverage with some sort of guarantee, you probably shouldnt shop with that company. Lexus offers car buyers three tiers of extended warranty coverageto keep them on the road longer. smartphone, computer or tablet) to verify your identity. Lexus Extended Warranty: Decent Options for the Luxury Car Below is a table showing each plan and corresponding coverage terms. The L/Certified warranty includes both bumper-to-bumper and powertrain coverage, and it gives owners complimentary maintenance for 2 years/20,000 miles. Compared to other manufacturer warranties, the Lexus warranty offers standard coverage. Call us at1-800-448-1505to get prior approval. Note: Vehicle Service Agreements are optional, cancellable (see terms of Agreement) and not required to obtain credit. There are three Lexus extended warranty plans. Not to worry - your New Vehicle Warranty provides protection from potential defects in manufacturing materials or workmanship. Learn More. Like most manufacturer warranties, the Lexus warranty is divided into several individual warranties, the most notable of which are a basic bumper-to-bumper warranty that lasts 4 years/50,000 miles and a powertrain warranty that lasts 6 years/70,000 miles. We'll cover eligible repair costs due to mechanical breakdown after your factory warranty expires, including many parts not covered in our Powertrain plans. We take into account the number of extended car warranty plans available, term limits, exclusions, and additional benefits. Get exceptional coverage from the premiere vehicle service agreement for new Lexus vehicles, including repair costs for mechanical breakdown and parts after your vehicle's factory warranty expires. Otherwise the full deductible amount applies. How much should I pay for a Lexus extended warranty? Available during or after financing or lease. Are there better third-party alternatives? Cover the costs for mechanical breakdown after your vehicle's factory warranty expires, including many that can be costly to repair. See your Lexus dealer for more information. Lexus vehicles have high RepairPal reliability scores and an estimated annual repair cost of $551. Lexus Factory Warranty (2020) | The Drive Pleasesee your dealerfor state-specific cancellation policies. Which plan is right for me? | Lexus Financial There are three levels of coverage, called Extra Care plans. Our review team has spent hundreds of hours researching car warranty companies to help consumers choose the best coverage for their vehicles. No matter what company you choose, it pays to read the terms carefully, so you understand exactly whats covered and not covered. Among the many companies that provide extended warranties, three of our top choices for Lexus vehicles are. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical breakdown of a covered component. Before you go, here are a few things to note: Toyota.com may have a different privacy policy, security level, and terms and conditions than those offered on our website. Vehicles are eligible for this VSA up to 4 years or 50,000 total vehicle miles, whichever comes first. You can consult your owners manual for further clarification without contacting a dealership. The Lexus bumper-to-bumper warranty offers coverage for 4 years/50,000 miles and backs a variety of parts across the vehicle. (Whichever comes first) See store for written details. Lexus powertrain warranty coverage, which protects just the engine, transmission, drive axles, and related parts, lasts for 6 years/70,000 miles. If you want to compare all three Lexus vehicle service contracts, the table below lists the various extended warranty plans and the components covered by each one. Following is a summary of the Lexus Accessory Limited Warranty for genuine parts and accessories: We will either provide a replacement part or repair any Lexus part or accessory that is defective in material or workmanship. Any cancellations after that, or once a claim has been paid, will be prorated. All plans cover vehicles for up to 4 years/50,000 miles, whichever comes first. When considering an extended warranty, one thing to take into account is your vehicles reliability. Most of the vehicle service agreement options have ways to transfer coverage. While the final cost of your Lexus extended warranty will factor in exactly where you live in or around Tampa, the specific Lexus model you are looking to buy, and the coverage package you opt for, you can expect to pay somewhere within the range of $2,800-$3,000. Is it worth buying the Lexus extended warranty? Other benefits of third-party plans include: These are all great benefits, but there are also are some drawbacks to third-party providers. Warranty and MaxCare Extended Service plans at CarMax However, according to RepairPal, Lexus vehicles are above average in terms of reliability and have a low annual repair cost of around $551. All rights reserved. Make sure you can choose the mechanic you want. According to RepairPal, Lexus vehicles cost a lot to repair, even for smaller malfunctions. The other five plans include: When we called to get an estimate on a new 2013 Lexus RX 350 with 79,000 miles, the monthly cost for comprehensive coverage was $129 with a $100 deductible. We use data about you for a number of purposes explained in the links below. Certification & Warranty - Lexus To learn more about our editorial integrity policy and how we make money through affiliate partnerships, read our full disclosure here. Prepaid Maintenance Plans | Lexus Financial Only you know what you really want in a provider. Available before or after financing or lease. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical failure of a covered component. For all new Lexus models, the manufacturer provides warranty coverage. 90-day or 4,000 mile limited warranty. If youre looking for additional coverage beyond a manufacturers warranty, you might be considering service contracts from third-party providers. The chart below shows a detailed breakdown of Lexus reliability, according to RepairPal. Aside from the coverage provided when you purchase a new vehicle, drivers can pick up a Lexus vehicle service agreement. When deciding whether to purchase a Lexus extended warranty, you should also consider your Lexus factory plan. Youll get both a cost estimate for your specific vehicle, but also a taste of each companys customer service. Protection up to 36 months or 50,000 km. In an effort to provide accurate and unbiased information to consumers, our expert review team collects data from dozens of extended auto warranty companies to formulate rankings of the best providers. That's why we are dedicated to providing our customers with the best-extended auto warranty coverage. Cancellations will be prorated if applied for after 30 days from the issue date. Aside from extended warranties, Lexus also offers protection plans to cover systems and parts that most extended warranties exclude, such as the Tire and Wheel protection plan. Customer service is an area where CARCHEX stands out from other providers. Parts of hybrid Lexus vehicles are covered for 8 years/100,000 miles, including the hybrid battery control module, hybrid control module and inverter with converter. If youre looking for additional coverage beyond a manufacturers warranty, you might be considering service contracts from third-party providers. Cancellations will be prorated if applied for after 30 days. Lexus offers several extended warranty options that range from basic powertrain coverage to a full bumper-to-bumper vehicle service contract. In this article, we reviewed Lexus factory and extended warranties and compared their cost and coverage with those from leading third-party extended providers. An extended warranty can keep you from paying for unexpected repairs, but the reputation of Lexus as a dependable brand could mean youre fine without extra coverage. Extra Care Protection | Parts & Service | Lexus Canada Lexus extended warranty plans include: Powertrain, Gold, and Platinum. The $100 deductible can be waived if covered repairs are performed at the selling dealership. Included in the vehicle purchase are a bumper-to-bumper warranty, powertrain warranty, hybrid warranty (if applicable) and coverage that deals with rust and part replacements. A VSA warranty can give drivers. If you want to drive your vehicle for a few more years after the factory coverage expires, then it makes complete sense to cover it with a warranty. Can they be negotiated down. CARCHEX backs its service and products with a 30-day money-back guarantee. Basic Coverage 4 years/50,000 miles, whichever occurs first (all components other than normal wear and maintenance items). Does Lexus have a lifetime powertrain warranty? - Sage-Answers CARCHEX partners with and is endorsed by known industry brands, such as Kelley Blue Book, SiriusXM, CARFAX, and Edmunds.com, so you can feel comfortable knowing youre working with a reputable company. LFS VSA Platinum eBrochure - Lexus Financial | Lexus Financial Do you need a Lexus extended warranty? , also known as a vehicle service agreement, protects your investment for many years after the manufacturers warranty expires. The Lexus factory warranty includes 4 years/50,000 miles of bumper-to-bumper warranty coverage and 6 years/70,000 . It is only available for vehicles that are between 10 and 15 years old and/or 100,000 . : Our research team reviews sample quotes for a variety of plans and vehicles. The Lexus Platinum extended warranty is the most comprehensive of the Lexus vehicle service agreements offered and includes repair costs for mechanical breakdowns after the factory warranty expires. Customer service is an area where CARCHEX stands out from other providers. Customers can choose their terms and mileage and pay accordingly. L/Certified Prepaid Maintenance Plan. However, owners still may choose to purchase extended warranty coverage for the added peace of mind it brings. Numerous third-party providers offer affordable extended warranty plans for Lexus that are often. Our team takes into account BBB ratings and the companys history of reliable service when giving this score. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. Lexus Warranty | Lexus.com Lexus doesnt advertise the cost of extra coverage, but our research team has found that most extended auto warranties cost from $1,800 to over $3,000 in total. We have accumulated data from dozens of extended auto warranty companies to formulate our rankings of the industrys best providers. This coverage is available for the RZ 450e. A disappearing deductible is a deductible that is waived if the repair visit is performed by the dealer who sold the VSA plan. Even though the Lexus extended warranty is fairly comprehensive when it comes to replacing parts that have failed due to defects in materials or workmanship, it doesnt cover everything. Note: The purchase of a Vehicle Service Agreement voluntary protection product is optional, cancelable (subject to specific agreement terms) and not required to obtain credit. How Much Does the Lexus Extended Warranty Cost? But do you need an extended warranty for your Lexus? Vehicle Service Contracts | Assurant All new Lexus vehicles come with the following limited warranty protection: Certified pre-owned (CPO) Lexus cars are protected by a 3-year/100,000-mile basic warranty. Almost all parts are covered by the Lexus Platinum extended warranty plan, though some common exclusions apply. Warranty . Average Car Insurance Rates By Age and State, 7 Ways To Lower Car Insurance After An Accident, Mechanical Breakdown Insurance Vs. Extended Warranty, Progressive Mechanical Breakdown Insurance, Endurance vs. Carchex: Warranty Comparison, Lexus Warranty: Coverage Option Breakdown (Guide). Endurance is an excellent choice for a Lexus extended warranty. How much should I pay for a Lexus vehicle service agreement? All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical failure of a covered component. An extended Lexus warranty is not the only way to lengthen your Lexus protection. 2 Including convertible tops and/or vinyl tops including, but not limited to: any vibration, deterioration, discoloration, disfigurement, warping, fading, staining, stretching, ripping, punctures, tearing and . Call us at1-800-448-1505 to get prior approval. Vehicles are considered "new" and eligible for this VSA up to 4 years or 50,000 miles, whichever comes first. 24/7 roadside assistance and reimbursements for covered vehicle rentals, meals, and lodging. (NMLS ID#8027). However, for customers who want to guard against the possibility of a potentially pricey repair, an extended warranty can bring peace of mind. Tire & Wheel Protection has no limits to the amount of structural damage claims during the time of your agreement. The final premium depends on what model vehicle you drive, its age, and the deductible you select. Well also explain the benefits of getting coverage from an independent warranty provider. New vehicles are eligible for this VSA at time of lease only. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. Coverage provides up to $100 per day for lodging and meals if you're more than 150 miles from home. You want protection in case you arent satisfied within the first 30 days of ownership. The Lexus Certified warranty, or L/Certified warranty, covers most CPO Lexus parts and components, acting as an extension of the vehicles original bumper-to-bumper Lexus warranty. However, some third-party extended warranty providers may offer lifetime warranties for Lexus vehicles. Below, well explain why it may be better to skip the Lexus dealership and instead turn to reputable third-party providers like Endurance, CarShield, and CARCHEX. More information about what components are included and excluded in Lexus vehicle service agreements can be found on the Lexus website. How Much Does the Lexus Extended Warranty Cost? Offers eligible maintenance coverage on your eligible new Lexus. Plans range from 2 years or 20,000 miles all the way up to 5 years or 90,000 miles. Lexus extended warranty coverage includes roadside assistance, substitute transportation reimbursement, and travel protection. Call for quotes. The best way to find out if your Lexus is still under warranty is to call a Lexus dealership. The company boasts accreditation and an A+ rating from the BBB. Coverage expires upon reaching your selected time or mileage of the coverage period, whichever occurs first. For example, you can transfer an extended warranty with a CARCHEX plan for $50. Three levels of protection are offered, and contract term limits extend as high as seven years. When considering that Lexus parts cost more than most brands, just think about what that bill might look like. Your car will inevitably face troubles, no matter how well you take care of it. Please refer to your agreement for specific coverage details, including limitations and exclusions. RepairPal collects driver-reported data to determine reliability scores for many vehicle manufacturers. All of these are outlined in your Lexus vehicle service agreement. It is our choice for Best Coverage and our top overall pick for extended warranty providers. Lexus also offers rental car reimbursement up to $35 per day for a maximum of five days while your car is in the shop for a covered repair. Lexus warranty coverage acts as a guarantee against defects in materials or workmanship. A Lexus extended warranty exceeds the 4-year/50,000-mile bumper-to-bumper warranty that comes with every new Lexus. Endurance vehicle service contracts extend over 200,000 miles and come in five coverage levels. That said, Lexus extended warranty coverage can still be beneficial if you wouldnt be able to pay for a major, unexpected repair out of pocket. On 2020 and newer models, the hybrid battery is covered for 10 years/150,000 miles. Lexus Platinum Extended Warranty The Platinum plan is the most comprehensive Lexus extended warranty coverage choice, including repair costs for most mechanical breakdowns after the. This extends the basic factory warranty coverage by 1 year/50,000 miles. A disappearing deductible is a deductible that is waived if the repair visit is performed by the dealer who sold the VSA plan. How Much Does the Lexus Extended Warranty Cost? Call us at1-800-448-1505to get prior approval for expenses incurred. One of the biggest perks of CARCHEX is the companys variety of coverage levels, which are easy to research on the website. Coverage can be transferred once, at no cost, from the original owner to a private party; this excludes dealers (see Terms of Agreement). Call us at1-800-448-1505to get prior approval for expenses incurred. What warranty coverage do I have on my new Lexus vehicle? Restrictions apply. Coverage expires upon reaching the maximum time of the coverage period selected. If you can handle smaller repair bills, you might consider basic coverage, such as a powertrain warranty. If you go against this, your repair wont be covered, or you might void your warranty. Lexus Extended Warranty: Cost & Coverage Plans | Motor1.com Location: Kansas (KS) Posted March 18, 2016. Every new Lexus vehicle is backed by a limited Lexus manufacturer warranty coverage for 48 months or 50,000 miles. You can get a full refund (minus a $50 processing fee) if you cancel within 30 days, and a prorated refund thereafter. For that, RepairPal is a. good source of information. What warranty coverage do I have on my new Lexus vehicle? In our research, we found a number of customer reviews that described the cost of Lexus extended warranty coverage. Protection is available for used Lexus vehicles is only available in the dealership at the time you buy your vehicle. You may consider a third-party extended warranty for your Lexus. CARCHEX is one of the top third-party warranty companies with flexible options for Lexus vehicles. : Comparing providers can be difficult due to the many factors that influence cost.