Should i get lexus extended warranty




















This is a fair price for bumper-to-bumper coverage. All contracts include a money-back guarantee if canceled within 30 days. Many luxury vehicles are expensive to maintain because they often require extensive servicing and specialty components. Of course, dependability and repair prices differ for each Lexus model. Listed below are the reliability ratings, average annual repair costs, and typical issues for some Lexus models:.

All new Lexus vehicles come with the following limited warranty protection:. The factory warranty coverage for a Lexus is very short, which makes a Lexus extended warranty more appealing, even if Lexus vehicles are reliable and have generally low repair costs.

You may consider a third-party extended warranty for your Lexus. Third-party coverage is sometimes cheaper than a vehicle service agreement offered by a manufacturer.

Other benefits of third-party plans include:. These are all great benefits, but there are also are some drawbacks to third-party providers.

If you are interested in independent coverage, our team of experts recommends Endurance. Endurance vehicle service contracts extend over , miles and come in five coverage levels. A Lexus extended warranty may be a good idea, especially given that the Lexus factory warranty expires after only a few years. While Lexus vehicles are relatively reliable, especially compared to other luxury cars, an extended warranty can help protect you against unexpected repair costs.

It is certainly worth looking into third-party alternatives to find the best price, but a Lexus extended warranty is likely a safe bet. This is because warranty costs are personalized to your specific vehicle. The following factors will all influence the cost of your Lexus extended warranty:. Similar to Toyota, the parent company of Lexus, the brand has received high marks for reliability from multiple auto industry research groups.

It was the top-rated brand out of 32 car manufacturers in J. The following are common repairs experienced by Lexus owners and what they cost:. All new Lexus vehicles leave the dealership parking lot with warranty coverage. 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.

Like the Toyota warranty , roadside assistance and trip interruption coverage are also folded into the CPO warranty. Additionally, Lexus will provide a loaner car if repairs will take over eight hours. Independent companies can be good options for long-term Lexus extended warranty coverage, as long as you do business with a r eputable extended car warranty company. In researching third-party providers, here are several advantages our research team found:.

One downside that turns some drivers away from independent coverage is that there is no guarantee that you will receive genuine parts with repairs or have work performed by factory-trained technicians.

Getting quotes from multiple companies can help you identify the most affordable breakdown coverage for your vehicle. Click below to start receiving free, no-obligation quotes from our highest-rated providers. Yes, Lexus offers an extended warranty. Because Lexus is a luxury vehicle, you may pay more for extended warranty coverage. There are three Lexus extended warranty plans. The most comprehensive plan covers most mechanical breakdowns, while the most basic plan only covers the powertrain — including the engine, transmission and drive system.

Lexus vehicles are known for being some of the most dependable on the market. Lexus owners have complained of these common issues on RepairPal, which provided repair cost estimates. Having an extended warranty can save you from paying for these repairs, which even a well-maintained car may need in due time.

This mostly depends on the vehicle details and your location. Lexus offers three different extended warranty plans available for both new and used vehicles:. Beyond this time or mileage, the vehicle is no longer deemed eligible for extended warranty coverage. While an extended warranty straight from Lexus may be convenient, the coverage might not be what you want.

Many plans cover vehicles of almost any age or mileage. We recommend shopping around and getting a few quotes before making your decision. Average monthly coverage cost is based on the average total price of the Vehicle Protection Plan over a four year coverage period. Individual pricing is subject to change based on the combination of make, model, year and mileage, as well as coverage level and term length.

Every new Lexus owner starts out with a factory warranty that offers comprehensive exclusionary coverage for breakdowns due to material or workmanship errors. The Detroit Bureau collects data from every major car warranty provider to formulate rankings of the best warranty companies.

Our in-depth rating system takes into account coverage, pricing, transparency, customer satisfaction and ratings from industry experts. Each provider is given a weighted score in five categories, as well as an overall score out of We recommend auto warranty companies based on these rankings, but we also encourage you to perform your own research and compare quotes to find the best coverage.



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