Heres a breakdown of the Lexus factory warranty: Lexus also offers a certified pre-owned (CPO) coverage under the L/Certified Limited Warranty. If you're looking to protect your eligible, used Lexus, but don't need the broad coverage of our Gold or Platinum Lexus Care VSA plans, Powertrain Protection is for you. Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. Well also explain how drivers can extend their warranty coverage and if such an extension is worth it. 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. Coverage for high-mileage vehicles with a fairly extensive inclusion list that focuses on the powertrain, : Endurances most basic auto warranty that only covers parts of the powertrain, : Mid-level warranty with a short waiting period of only 30 days/1,000 miles, : High-tier comprehensive plan provides coverage for hundreds of listed parts, : Endurances exclusionary, bumper-to-bumper warranty, : Combines component coverage with coverage for maintenance items such as oil changes, brake pad replacements, and tire rotations. What coverage does Lexus offer? Reputable Extended Car Warranty Companies, Ford Warranty: Cost, Coverage, and Pricing, What does your Mercedes warranty cover? 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. Best Car Warranty Companies In California. $0 or $100 disappearing deductible per eligible repair visit. You can get a free extended warranty quote from Lexus by contacting your local Lexus dealership. 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. You dont want to pay out of pocket for repairs. Benefits Of A Third-Party Extended Car Warranty, 1-year/12,000-mile wheel alignment and balancing warranty. Deductible applies to each eligible repair visit. 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. CARCHEX backs its service and products with a 30-day money-back guarantee. The powertrain plan covers basic, essential components, while the Gold and Platinum plans provide greater levels of coverage. Learn about Lexus reliability, factory coverage, and extended warranty options for Lexus vehicles. The Platinum plan is the most comprehensive Lexus extended warranty coverage choice, including repair costs for most mechanical breakdowns after the factory warranty expires. Most manufacturers provide basic, powertrain, and corrosion warranties. Lexus Financial Services is a service mark of Toyota Motor Credit Corporation (TMCC). You can transfer this Lexus coverage one time at no cost, as long as its from the cars original owner to a private party. Warranty . If a covered component breaks down as the result of normal use, Lexus will pay to repair or replace that component. The following factors will all influence the cost of your Lexus extended warranty: Our research experts found that the price of a Lexus extended warranty can range from $2,000 to around $3,800 depending on coverage. Note: Vehicle Service Agreements are optional, cancellable (see terms of Agreement) and not required to obtain credit. Mileage is unlimited. Lexus warranty service is performed by Lexus-trained technicians using Lexus Genuine parts, and is available at any Lexus Dealership in North America. : Bumper-to-bumper coverage that includes components like the brake pedal subassembly, airbags, CD player, radio, coolant sensor, air pump, door lock assembly, hinges, and seat belts, Mid-tier coverage that includes electronic components, brakes, the cooling system, fuel system, hybrid components, and steering, : Basic powertrain coverage that includes components of the engine, transmission, and drive axle, 2-year/50,000-mile bumper-to-bumper warranty, 6-year/unlimited-mile corrosion perforation warranty, 10-year/150,000-mile hybrid battery warranty. While factory coverage does not last forever, it can be lengthened by a Lexus extended warranty. A Lexus extended warranty can be worth it if you expect to own your Lexus for a long time or if you want to protect yourself against costly repairs. Coverage can be selected for cars up to 8 years/200,000+ miles. Extended warranties can have deductibles ranging from $0 to $500, but factory warranties don't have deductibles. Knowing what is and is not covered by the Lexus warranty can help you save hundreds or even thousands of dollars on repair costs. Whether the extra coverage is worth it for you will depend on your personal financial situation. Call us at1-800-448-1505to get prior approval for expenses incurred. Coverage includes oil and filter changes, 2 multi-point inspections, tire rotations, and any additional services included in the Scheduled Maintenance Log of your Lexus Warranty and Services Guide, under normal driving conditions. However, according to RepairPal, Lexus vehicles are above average in terms of reliability and have a low annual repair cost of around $551. You can choose from a large repair network. Lexus Extended Warranty: Reviews, Plans, And Cost (2023) - Jalopnik It is certainly worth looking into third-party alternatives to find the best price, but a Lexus extended warranty is likely a safe bet. Our review team sifts through customer reviews and complaints from reputable sources such as the Better Business Bureau (BBB) and Trustpilot. Extended warranty worth it? - 10 - 15 Lexus RX350 / RX450h - Lexus Our team analyzes provider offerings and customer insights so you can feel empowered to make the best choice. Read the fine print to ensure you dont have to take the vehicle somewhere in particular. How Much Does the Lexus Extended Warranty Cost? These warranties are transferable and can be canceled within. Time coverage periods are measured from the expiration of the L/Certified Limited Warranty. Because Lexus is a luxury vehicle, you may pay more for extended warranty coverage. Listed below are the reliability ratings, average annual repair costs, and typical issues for some Lexus models: While some Lexus repairs can be extremely pricey (such as replacing the transmission), these sorts of issues are unlikely to arise in your Lexus vehicles lifetime provided the car is properly maintained. CARCHEX has five customizable extended warranty plans, excellent customer service, and great added perks. There are additional costs if you cancel your Lexus extended warranty. The Lexus Vehicle Service Agreement (VSA) is the brand's version of an extended warranty. Call us at1-800-448-1505to get prior approval. Although theyre shorter than some of the best new car warranties, Lexus basic and powertrain warranty lengths are slightly longer than standard factory-backed warranties. If your CPO vehicle is no longer protected under its original warranty, you will still be covered from bumper to bumper for 2 years/unlimited miles from the date on which you purchase your CPO Lexus. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical failure of a covered component. Lexus offers standard extended warranty options, and the manufacturers Platinum plan can give drivers comprehensive coverage at a reasonable price. After reviewing industry leaders in the vehicle service contract industry, we found that Endurance, CARCHEX, and CarShield are among the best extended warranty providers. , and was second only to Genesis in the premium segment. 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 Warranty Coverage Guide [Factory & Extended Warranty] Valid receipts will be required for reimbursement. The average transmission replacement cost is between $1,800 and $3,400. Every new Lexus vehicle is backed by a limited Lexus manufacturer warranty coverage for 48 months or 50,000 miles. It isnt cheap to fix a Lexus, which is one of the main reasons to consider adding a Lexus extended warranty after your factory coverage expires. Quality extended warranty companies pay claims directly to the service center. Our review team prides itself on sharing accurate and unbiased information with consumers. Your car will inevitably face troubles, no matter how well you take care of it. We want you to find coverage that gives you peace of mind. More than $1.5 billion claims covered. If you buy coverage with the purchase of your car, the Lexus dealer will likely include it in your monthly payments, thereby charging you interest on the policy premium. It also includes wheel alignment and balancing for 1 year/12,000 miles. Service by Lexus factory-trained technicians. If bills from these repairs would leave you financially strained, an extended warranty may be one way to finance repair costs. Receive: 24/7 roadside assistance and reimbursements for covered vehicle rentals, meals, and lodging. While Lexus vehicles ranked sixth in the J.D. All contracts include a money-back guarantee if canceled within 30 days. Similar to Toyota, the parent company of Lexus, the brand has received high marks for reliability from multiple auto industry research groups. You can choose one of the companys flexible payment plans and a no-down payment option. RepairPal collects driver-reported data to determine reliability scores for many vehicle manufacturers. This is because warranty costs are personalized to your specific vehicle. Numerous third-party providers offer affordable extended warranty plans for Lexus that are often more flexible than what youll find at the dealership. 3 1-800-874-7050, Monday through Friday, between 8:00 am - 8:00 pm in your local time zone. Copyright Lexus Financial Services. After careful consideration, we found that its usually better to purchase a Lexus vehicle service contract from, Buy Lexus Extended Warranty Online: Recommendations, We recommend getting at least three extended warranty quotes in order to compare and contrast your coverage and price options. Plans range from 2 years or 20,000 miles all the way up to 5 years or 90,000 miles. If you want to extend your session select the "I'm back" button. The company handles the entire claim minus your deductible. If you go against this, your repair wont be covered, or you might void your warranty. As such, the manufacturer does not expect covered components to fail within the duration of a warranty. Drivers reported paying between $2,000 and $3,300 for 5-year/unlimited-mile Platinum extended service contracts. $0 or $100 disappearing deductible per eligible repair visit. This covers defective, originally installed repair or replacement parts. How long does Lexus extended warranty last? CarShield has over 12,000 Google reviews totaling 4.2 out of 5.0 stars. The plans cover vehicles for 4 years or 50,000 miles, whichever comes first. What is covered under the Lexus extended warranty? : Many of the plans also include benefits such as roadside assistance and rental car coverage. Deductible applies to each eligible repair visit.Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. The cost of a Lexus extended warranty is variable based on the model, year, make, and coverage plan. Damage caused by an accident, misuse, or neglect is not covered. Protect eligible components like the engine, transmission, front- and rear-wheel drive systems and more. is one of the top third-party warranty companies with flexible options for Lexus vehicles. In California, roadside service provided if vehicle is inoperable due to the mechanical failure of a covered component. Lexus Hybrid Warranty-8 years/100,000 miles. Time and Mileage coverage periods for Used Vehicle Plans are measured from Agreement Application Date and Agreement Application Mileage. : Warranty providers with a history of strong business practices and endorsements from experts receive the highest scores in this category. A VSA warranty can give drivers several additional years of coverage (and peace of mind) after their original factory warranty expires. While Lexus vehicles are relatively reliable, especially compared to other luxury cars, an extended warranty can help protect you against unexpected repair costs. The vehicle repair cost estimation website. Getting quotes from multiple companies can help you identify the most affordable breakdown coverage for your vehicle. Protection for used vehicles is only available in the dealership at the time you buy your vehicle. However, for customers who want to guard against the possibility of a potentially pricey repair, an extended warranty can bring peace of mind. After careful consideration, we found that its usually better to purchase a Lexus vehicle service contract from Endurance, CarShield, or CARCHEX. Can they be negotiated down. Any cancellations after that, or once a claim has been paid, will be prorated. Lexus Warranty | Lexus.com With Endurance, customers can choose between $0, $50, $100, or $200 deductible options, and repairs can be completed at the dealership or any repair facility certified by the National Institute for Automotive Service Excellence (ASE. Lexus will repair or replace original body panels that rust from the inside out within the first six years of ownership. Quality extended warranty companies pay claims directly to the service center. New vehicles are eligible for this VSA at time of lease only. This 6-year/70,000-mile warranty protects the engine, transmission, transaxle and drivetrain. We're taking you to Toyota.com website to connect you to the information you were looking for. Independent companies can be good options for long-term Lexus extended warranty coverage, as long as you do business with a r. If you plan on keeping your Lexus for a while, you may want coverage throughout the life of the vehicle. When considering that Lexus parts cost more than most brands, just think about what that bill might look like. protects the transmission, transaxle, engine, and front- or rear-wheel drive systems. 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. Lexus VSAs are transferable to subsequent vehicle owners at no cost, although the plan only allows for one transfer. PDF LFS VSA Platinum eBrochure - Lexus Financial | Lexus Financial 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. so an extended warranty is not a bad idea. The way it should be. Warranty and MaxCare Extended Service plans at CarMax Lexus extended warranty plans are available for new vehicles up to four years old and with fewer than 50,000 miles. How Much Does the Lexus Extended Warranty Cost? Car warranty guide: what you need to know - ConsumerAffairs One plan is dedicated to motorcycle parts, so you wont need that as a Lexus owner. This option covers fewer components but requires a lower premium. If you find a provider that doesnt back up its coverage with some sort of guarantee, you probably shouldnt shop with that company. Premiere protection for eligible component groups in your L/Certified vehicle. Copyright 2023 MarketWatch, Inc. All rights reserved. Limited time offer: Get $300 off with code SAVE300, Get Started for $99 + Get $400 OFF with code 'Get400', This article will answer these questions and more. (Whichever comes first) See store for written details. This article explains the coverage provided by the Lexus warranty and how long this coverage lasts. Companies like CARCHEX offer warranty options for vehicles up to 250,000 miles, which is longer than any carmakers plans. Vehicle Service Agreement (VSA) Lease Wear protects your Lexus by covering parts and labor for normal wear-item components for up to 5 years, 1 with no out of pocket cost to you at the time of replacement. Lexus Extended Warranty: Cost & Coverage Plans | Motor1.com Youll get both a cost estimate for your specific vehicle, but also a taste of each companys customer service. To see how much you would pay for third-party coverage, click below. Installation and balancing is included. 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 Basic Warranty-4 years/50,000 miles. The three extended warranty plans offered by Lexus come with various levels of coverage for component parts and systems. Lexus Corrosion Perforation Warranty-6 years/unlimited mileage. Independent warranty companies usually offer a lower cost for coverage than a manufacturer. It is only available for vehicles that are between 10 and 15 years old and/or 100,000 . Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. You also dont have to pay interest on an extended warranty if youre financing. . To learn more about our editorial integrity policy and how we make money through affiliate partnerships, read our full disclosure. Prepaid Maintenance Plans | Lexus Financial You dont want to pay out of pocket for repairs. If you dont need your warranty to last that long, save money by selecting a shorter time frame. The vehicle repair cost estimation website RepairPal figures the annual repair cost for the brand is $551 per year, which is about $100 below the industry average. More Frequently Asked Questions. Otherwise the full deductible amount applies. In this article, we reviewed Lexus factory and extended warranties and compared their cost and coverage with those from leading third-party extended providers. The Lexus Basic Warranty covers the majority of Lexus-installed components for up to 4 years or 50,000 miles, whichever comes first. 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. Do you need a Lexus extended warranty? Wheel alignment and balancing are covered for 12 months or 12,000 miles, whichever occurs first. The company has also received numerous featured spots on popular networks such as TBS, ESPN, and HGTV. More information about what components are included and excluded in Lexus vehicle service agreements can be found on the Lexus website. If you are interested in independent coverage, our team of experts recommends Endurance. 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. To get a Lexus extended warranty quote, contact your local Lexus dealer and keep in mind that costs may be negotiable. Your vehicles reliability and your personal finances are among the most important considerations when youre deciding whether to purchase Lexus extended warranty coverage. Then leave the rest to us. Learn more. Tire & Wheel . 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. Purchasing additional coverage is usually a smart choice if you want to drive beyond the factory warranty. Below is a list of protection plans offered by Lexus: You can purchase a Lexus vehicle service agreement from the dealer at any time. Lexus Extended Warranty Platinum: Bumper-to-bumper coverage that includes components like the brake pedal subassembly, airbags, CD player, radio, coolant sensor, air pump, door lock assembly,. Lexus extended warranty plans include: Powertrain, Gold, and Platinum. The three Lexus Extra Care coverage options are as follows: All Lexus extended warranty contracts are transferable and include the following additional benefits: While the Platinum plan is comprehensive, it excludes items such as: Extended car warranties vary in cost depending on your vehicle.