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Platinum Warranty 10 Year 125k. Is it a good Price?

Drew52

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I'm being offered a Platinum Warranty, 10 Year/125k/$0 Deductible for $3536.21. Is this a reasonable price?
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YV4Runner

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I'm being offered a Platinum Warranty, 10 Year/125k/$0 Deductible for $3536.21. Is this a reasonable price?
considering how expensive service is now ,I think that’s just a piece of mind to have EW protection. . I haven’t pick up my Platinum yet but i will def get an EW. I figured , if I can get 8-10 years of peace of mind for the price of my monthly salary , why not get that insurance
 

Zenyx

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This my quote for a hybrid (Trailhunter)
Toyota Extra Care, Platinum coverage with $0 deductible:
6 yr / 75K - $645.00
6 yr / 100K - $895.00
6 yr / 125K - $1140.00
7 yr / 75K - $715.00
7 yr / 100K - $1025.00
7 yr / 125K - $1250.00
8 yr / 75K - $835.00
8 yr / 100K - $1145.00
8 yr / 125K - $1505.00
9 yr / 100K - $1265.00
9 yr / 125K - $1665.00
10 yr / 100K - $1360.00
10 yr / 125K - $1795.00
 
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Drew52

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@Zenyx would you mind sharing the contact info for the person who gave you these prices?
 

brumey

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For a crazy point of reference, I paid $2300 in 2014 for a 7 yr, 125k warranty. I used it once for a $140 fuel tube leak. Cost me $50 deductible. A complete waste of money.

Save and invest your own money during the warranty years, Then, use it as needed

Toyota seems to sell on its reliable history, or does it????
 

CrispyTacoLover

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@Zenyx would you mind sharing the contact info for the person who gave you these prices?

Toyota Extra Care, Platinum coverage with $0 deductible:

4 yr / 125K - $790.00
5 yr / 100K - $765.00
5 yr / 125K - $915.00
6 yr / 75K - $645.00
6 yr / 100K - $895.00
6 yr / 125K - $1140.00
7 yr / 75K - $715.00
7 yr / 100K - $1025.00
7 yr / 125K - $1250.00
8 yr / 75K - $835.00
8 yr / 100K - $1145.00
8 yr / 125K - $1505.00
9 yr / 100K - $1265.00
9 yr / 125K - $1665.00
10 yr / 100K - $1360.00
10 yr / 125K - $1795.00

Troy Dietrich
Factory Discount Warranty
Toyota & Ford of Greenfield
Fathers & Sons Audi & Volkswagen
Phone. 413-775-6519
Fax. 413-203-6681
Web. http://www.FD-Warranty.com
 

Zenyx

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Toyota Extra Care, Platinum coverage with $0 deductible:

4 yr / 125K - $790.00
5 yr / 100K - $765.00
5 yr / 125K - $915.00
6 yr / 75K - $645.00
6 yr / 100K - $895.00
6 yr / 125K - $1140.00
7 yr / 75K - $715.00
7 yr / 100K - $1025.00
7 yr / 125K - $1250.00
8 yr / 75K - $835.00
8 yr / 100K - $1145.00
8 yr / 125K - $1505.00
9 yr / 100K - $1265.00
9 yr / 125K - $1665.00
10 yr / 100K - $1360.00
10 yr / 125K - $1795.00

Troy Dietrich
Factory Discount Warranty
Toyota & Ford of Greenfield
Fathers & Sons Audi & Volkswagen
Phone. 413-775-6519
Fax. 413-203-6681
Web. http://www.FD-Warranty.com
For those asking me about my quote, this is the correct source. I wasn't sure of the rules so I left it out to be safe.

He does note that if you buy any Toyota plan from another dealer, he's unable to sell them. Not sure if that applies to refunding a plan purchased and then working with him or not.

Also, the plans can be purchased at any time before 3yrs/36k miles. I've looked at the price history and these have been his prices for the last 3-4 years.
 

YV4Runner

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For a crazy point of reference, I paid $2300 in 2014 for a 7 yr, 125k warranty. I used it once for a $140 fuel tube leak. Cost me $50 deductible. A complete waste of money.

Save and invest your own money during the warranty years, Then, use it as needed

Toyota seems to sell on its reliable history, or does it????
I bet a radio replacement in 2025 model would cost close to $2000 for parts and labour.
 

Doofy

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You don’t need the warranty. This is why you buy a Toyota. If it’s a lemon, they still hold their value and take your chances on a new replacement and trade it in
 

CrispyTacoLover

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You don’t need the warranty. This is why you buy a Toyota. If it’s a lemon, they still hold their value and take your chances on a new replacement and trade it in
That’s been my opinion all of my life, too. Until this year.

Cars and trucks have way too many computers, sensors and displays. $1360 is pretty cheap insurance compared to the cost of parts.

If I never use the Platinum plan, but decide to sell the vehicle, it is transferable. That will help seal a deal.
 

alpa_chino

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For those asking me about my quote, this is the correct source. I wasn't sure of the rules so I left it out to be safe.

He does note that if you buy any Toyota plan from another dealer, he's unable to sell them. Not sure if that applies to refunding a plan purchased and then working with him or not.

Also, the plans can be purchased at any time before 3yrs/36k miles. I've looked at the price history and these have been his prices for the last 3-4 years.

These seem like pretty good prices. These years/miles added to the factory 3/36k right?
 

alpa_chino

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That’s been my opinion all of my life, too. Until this year.

Cars and trucks have way too many computers, sensors and displays. $1360 is pretty cheap insurance compared to the cost of parts.

If I never use the Platinum plan, but decide to sell the vehicle, it is transferable. That will help seal a deal.
I got the Platinum plan for my Supra and I used it once for a faulty mirror that was past the factory warranty period. Not sure how much it would be but parts and labor and the $400 they quoted me just to figure out what I told them was wrong saved me from paying a bunch I'm sure. I figured there would be some BMW electrical issues at some point. Not sure if its been completely worth it as it was only used once but it is transferrable and I should get some of the money back when I finally trade in when my 4Runner actually comes in. Might look into this deal with what yall posted. Its not a bad price and could save with all the electrical thats in these cars now
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