We also consider the responsiveness of each companys customer service team based on our secret shopper analysis. After reviewing industry leaders in the vehicle service contract industry, we found that. If a covered component breaks down as the result of normal use, Lexus will pay to repair or replace that component. The plans cover vehicles for 4 years or 50,000 miles, whichever comes first. Our researchers, writers and editors are dedicated to investigating providers and analyzing customer feedback and insights so you can choose with confidence. Links in this article may result in us earning a commission. 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. 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. All you will be responsible for is the deductible. 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. For all new Lexus models, the manufacturer provides warranty coverage. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. (up to 1500 mi.) Vehicle extended warranties are very profitable for car dealers. Coverage provides up to $100 per day for lodging and meals if you're more than 150 miles from home. The chart below shows a detailed breakdown of Lexus reliability, according to RepairPal. Tire & Wheel Protection | Lexus Financial Independent companies can be good options for long-term Lexus extended warranty coverage, as long as you do business with a reputable extended car warranty company. Call us at1-800-448-1505to get prior approval. Well give you a quick overview of what each company provides below. 24/7 Roadside Assistance and reimbursements for covered vehicle rentals, meals, and lodging. There are often more coverage levels to choose from. experiences a mechanical failure within your first few years of ownership, there is a good chance the repair will be covered under your Lexus warranty. Heres a breakdown of the Lexus factory warranty: Lexus also offers a certified pre-owned (CPO) coverage under the L/Certified Limited Warranty. Compared to other manufacturer warranties, the Lexus warranty offers standard coverage. With over 20 years of industry experience, the company understands the ins and outs of the industry. Lexus Extended Warranty Prices Mar 2023 Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. Why a Lexus Extended Warranty is a Smart Investment - Endurance Warranty Lexus extended warranty coverage includes roadside assistance, substitute transportation reimbursement, and travel protection. Cookie Notice. To get a clear idea of Endurance pricing, we called to get quotes on a 2016 Lexus ES 350 with 48,000 miles on it. Coverage options are available for up to 5 years and is effective from date of first use as a new lease vehicle.4. To learn more about our editorial integrity policy and how we make money through affiliate partnerships, read our full disclosure here. Only you know what you really want in a provider. 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. Limited time offer: Get $300 off with code SAVE300, Get Started for $99 + Get $400 OFF with code 'Get400'. What warranty coverage do I have on my new Lexus vehicle? There are three tiers of Lexus extended warranty coverage: Extra Care Platinum, Extra Care Gold and Extra Care Powertrain. 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. 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. Plans range from 2 years or 20,000 miles all the way up to 5 years or 90,000 miles. Certification & Warranty - Lexus How flexible is the dealer on selling these? L/Certified Prepaid Maintenance Plan. The Lexus bumper-to-bumper warranty offers coverage for 4 years/50,000 miles and backs a variety of parts across the vehicle. Continue reading to discover the different Lexus extended warranty Vehicle Services Agreement (VSA) options that are available to . Copyright 2023 Motor1.com. Time coverage periods are measured from the expiration of the L/Certified Limited Warranty. If bills from these repairs would leave you financially strained, an extended warranty may be one way to finance repair costs. We'll cover eligible repair costs due to mechanical breakdown after your factory warranty expires, including many parts not covered in our Powertrain plans. Coverage provides up to $35 per day for a maximum of 5 days per occurrence. Cancellations will be prorated if applied for after 30 days. Whether the extra coverage is worth it for you will depend on your personal financial situation. Deductible applies to each eligible repair visit. 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. Companies like CARCHEX offer warranty options for vehicles up to 250,000 miles, which is longer than any carmakers plans. One plan is dedicated to motorcycle parts, so you wont need that as a Lexus owner. We use data about you for a number of purposes explained in the links below. While you can go to the dealer for Lexus extended coverage, weve also researched the, providers. Then leave the rest to us. Covered components are subject to change. Of course, dependability and repair prices differ for each Lexus model. The average transmission replacement cost is between $1,800 and $3,400. Benefits of a Third-Party Warranty for Your Lexus, Covers powertrain components like the engine, transmission case, transaxle, and transfer case. If you find a provider that doesnt back up its coverage with some sort of guarantee, you probably shouldnt shop with that company. Lexus owners have an extra year of protection for both. Get peace of mind you're protecting your vehicle and flexibility to choose your terms and mileage. Partner content: This content was created by a business partner of Dow Jones and researched and written independently of the MarketWatch newsroom. Lexus Extended Warranty: Review, Plans & Cost (2023) All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical failure of a covered component. protects the transmission, transaxle, engine, and front- or rear-wheel drive systems. Deductible applies to each eligible repair visit. Knowing what is and is not covered by the Lexus warranty can help you save hundreds or even thousands of dollars on repair costs. Lexus offers three extended warranty plans and can last up to 10 years. Excluded from coverage under the LFS VSA. The cost of a Lexus extended warranty depends on your particular vehicle and dealership. Typical basic coverage lasts for three years, and powertrain coverage lasts for five years. Lexus offers three extended warranties that last as long as 7 years/unlimited miles. Complete powertrain warranty plus some extra parts, Protects nearly all of the technology on the car. These Lexus warranties come with benefits including 24/7 roadside assistance, substitute transportation reimbursement, and travel protection. Copyright 2023 MarketWatch, Inc. All rights reserved. CarShield has over 12,000 Google reviews totaling 4.2 out of 5.0 stars. All plans include 24/7 roadside assistance and rental car reimbursement. Each level has several plan options, with 16 contracts in total. Lexus Warranty Coverage: Fully Explained - autocareaids.com Just like bumper-to-bumper and powertrain coverage coverage, this lasts from one to five years. Which plan is right for me? | Lexus Financial : Good extended warranty providers consistently provide quality experiences. To determine this score, we employ a secret shopper analysis using different vehicles, mileages, warranty plans, and locations. Lexus powertrain warranty coverage, which protects just the engine, transmission, drive axles, and related parts, lasts for 6 years/70,000 miles. It is also a well-known fact that vehicles rarely break down during this time/mileage period. Make sure you can choose the mechanic you want. Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. All plans cover vehicles for up to 4 years/50,000 miles, whichever comes first. Lexus owners have an extra year of protection for both. Dealerships will often push you to buy a branded vehicle service contract, but always do your research before purchasing an auto extended warranty through a dealership. What warranty coverage do I have on my new Lexus vehicle? Below we list the parts covered by the Powertrain extended warranty. It is for approved Lexus vehicles up to 15 years old, subject to 150,000 mileage limit - the old Extended Warranty was for approved Lexus vehicles up to 10 years old and 140,000 miles, so the new extended warranty covers vehicles for longer in this respect. Does Lexus have a lifetime powertrain warranty? - Sage-Answers Most of the vehicle service agreement options have ways to transfer coverage. It might cost more than buying a used vehicle. Complaints mainly come from people who are unhappy with the claims process and specific exclusions, though this can be avoided by reviewing your contract fully before purchasing an extended warranty. Your online account access will be available shortly. Should You Get a Lexus Extended Warranty? | GetJerry.com Plans feature $0 or $100 deductible options. Coverage is effective from date of first use as a new vehicle and zero miles.4 Coverage expires at maximum time or mileage of the selected plan, whichever comes first. Our review team has spent hundreds of hours researching car warranty companies to help consumers choose the best coverage for their vehicles. Because Lexus is a luxury vehicle, you may pay more for extended warranty coverage. However, for customers who want to guard against the possibility of a potentially pricey repair, an extended warranty can bring peace of mind. If youre looking for additional coverage beyond a manufacturers warranty, you might be considering service contracts from third-party providers. Lexus dealerships may sell such warranties, but these are not offered or serviced by the Lexus brand or the Toyota Motor Corporation. The Lexus hybrid battery also has a 10-year/150,000-mile warranty on all 2020 and newer models. 3 so an extended warranty is not a bad idea. Additionally, Lexus will provide a loaner car if repairs will take over eight hours. At American Dream Auto Protect, we understand the importance of having a reliable vehicle. Retail installment accounts may be owned by TMCC or its securitization affiliates and lease accounts may be owned by Toyota Lease Trust (TLT) or its securitization affiliates. CarShield offers six distinct plans, low or $0 deductibles, and multiple payment options, making it our choice for Best Value among extended warranty providers. The three extended warranty plans offered by Lexus come with various levels of coverage for component parts and systems. When considering that Lexus parts cost more than most brands, just think about what that bill might look like. You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). LFS VSA Platinum eBrochure - Lexus Financial | Lexus Financial 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. Our review team sifts through customer reviews and complaints from reputable sources such as the Better Business Bureau (BBB) and Trustpilot. Coverage is available 24 hours a day, 365 days a year within the continental US and Canada, while your agreement is active. . Purchasing additional coverage is usually a smart choice if you want to drive beyond the factory warranty. Cancellations will be prorated if applied for after 30 days from the issue date. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. An extended Lexus warranty is not the only way to lengthen your Lexus protection. 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. In our March 2022 survey of 1,000 drivers who had purchased extended car warranties, 52% of respondents said coverage was their most important consideration. We'll cover eligible repair costs due to mechanical breakdown after your factory warranty expires, including many parts not covered in Gold and Powertrain plans. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical breakdown of a covered component. 1-800-874-7050, Monday through Friday, between 8:00 am - 8:00 pm in your local time zone. For security purposes, your session is about to end due to inactivity. The way it should be. At login, we collect and store data about your device (i.e. : The level of customer service and care provided by an extended warranty company is an important consideration. The benefits stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. One of the biggest perks of CARCHEX is the companys variety of coverage levels, which are easy to research on the website. All rights reserved. Book Service Appointment Coverage Details Learn More. This coverage protects you from repairs related to faulty workmanship or material defects. *For a complete list of components covered, visit the Lexus website. Prices will vary, and the cost may be included in your vehicle financing when you purchase from a dealership. Ineligible vehicles include taxis, shuttle, commuter, municipal, professional, medical, emergency or police vehicles, salvage vehicles, all vehicles used or to be used for competitive driving or racing, vehicles used or to be used for plowing snow or towing a trailer in a manner exceeding manufacturer's recommendations, and all vehicles to be held by the purchaser or lessee for hire to the public or for hire to any persons not affiliated with the vehicle purchaser or lessee. Cancellations will be prorated if applied for after 30 days. When deciding whether to purchase a Lexus extended warranty, you should also consider your Lexus factory plan. The $100 deductible can be waived if covered repairs are performed at the selling dealership. Vehicles are eligible for this VSA up to 4 years or 50,000 total vehicle miles, whichever comes first. For some drivers, the peace of mind offered by a Lexus extended warranty is worth the extra cost. An extended car warranty, also known as a vehicle service agreement, protects your investment for many years after the manufacturers warranty expires. Privacy Notice, and 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. Ineligible vehicles include taxis, shuttle, commuter, municipal, professional, medical, emergency or police vehicles, salvage vehicles, all vehicles used or to be used for competitive driving or racing, vehicles used or to be used for plowing snow or towing a trailer in a manner exceeding manufacturer's recommendations, and all vehicles to be held by the purchaser or lessee for hire to the public or for hire to any persons not affiliated with the vehicle purchaser or lessee. Lexus-branded extended . We recommend getting at least three extended warranty quotes in order to compare and contrast your coverage and price options. All of these are outlined in your Lexus vehicle service agreement. Coverage includes costs related to the repair or replacement of your vehicle's tires, or replacement of your wheels due to defect of materials or workmanship, damage due to eligible road hazards1 and costs3 associated with mounting, balancing, valve stem(s), disposal/environmental . We want you to find coverage that gives you peace of mind. Service by Lexus factory-trained technicians. 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. Do you need a Lexus extended warranty? Our review team prides itself on sharing accurate and unbiased information with consumers. Wheel alignment and balancing are covered for 12 months or 12,000 miles, whichever occurs first. RepairPal collects driver-reported data to determine reliability scores for many vehicle manufacturers. There are three levels of coverage, called Extra Care plans. Platinum Auto Warranty Review (2023) - AutoGuide.com With all of the coverage options, except for the Silver and Bronze plans, you can get coverage for a maximum of 10 years. are among the best extended warranty providers. What coverage does Lexus offer? Lexus offers $0 and $100 deductibles, and the option you choose will impact your final price. You can get a Platinum or Gold extended warranty for your used Lexus, tooas long as it is less than 10 model years old and has fewer than 125,000 miles on it. 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. Lexus Extended Warranty: Decent Options for the Luxury Car Valid receipts will be required for reimbursement. Is a Lexus Extended Warranty Worth It? (2023) - AutoGuide.com Check Price. 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. 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. Its helpful to do your own research by calling around and getting quotes. Call for quotes. is another popular extended warranty provider for Lexus cars and SUVs. (Whichever comes first) See store for written details. More than $1.5 billion claims covered. This coverage includes towing (for covered breakdowns), lockout protection, dead battery jump starts, and fuel delivery services (up to 3 gallons, no more than 2 times per month; excludes fuel cell and electric vehicles). To learn more about our editorial integrity policy and how we make money through affiliate partnerships, read our full disclosure. Jalopnik Advisor content is free to consumers and always will be, however we and our partners may be compensated if you purchase a product or service through the links on this website. Numerous third-party providers offer affordable extended warranty plans for Lexus that are often more flexible than what youll find at the dealership. Compared to other manufacturer warranties, the Lexus warranty offers standard coverage. The final premium depends on what model vehicle you drive, its age, and the deductible you select. By comparison, comprehensive coverage from a third-party provider could cost anywhere from $1,800 to $3,000. Almost all parts are covered by the Lexus Platinum extended warranty plan, though some common exclusions apply. Lexus vehicles are known for being some of the most dependable on the market. 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. What is covered under the Lexus extended warranty? If you find a provider that doesnt back up its coverage with some sort of guarantee, you probably shouldnt shop with that company. There is a maximum of 5 days over the life of your agreement. For example, you can transfer an extended warranty with a CARCHEX plan for $50. A VSA can help cover eligible repair costs due to mechanical failure that occur outside your standard warranty. You can transfer this Lexus coverage one time at no cost, as long as its from the cars original owner to a private party. Learn More. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. You wont be responsible for paying the repair facility when you go for repairs. Youll get both a cost estimate for your specific vehicle, but also a taste of each companys customer service. GMC Extended Warranty: Plans, Cost and Coverage (2022) - TopCarNews When considering that Lexus parts cost more than most brands, just think about what that bill might look like. If the Disappearing Deductible option is selected and the selling dealer of the VSA performs covered repairs, the $100 deductible will be waived. Mileage is unlimited. Coverage is effective from date of first use as a new vehicle and zero miles.4Coverage expires at maximum time or mileage of the selected plan, whichever comes first. Vehicle Service Contract Coverages Platinum: available for vehicles with 150,000 miles or fewer Gold: available for vehicles with 180,000 miles or fewer Silver: available for vehicles with 200,000 miles or fewer Powertrain (only): available for vehicles with 150,000 miles or fewer Engine: available for vehicles with 150,000 miles or fewer Like the. 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. The Guides Auto Team is committed to providing reliable information to help you make the best possible decision about a warranty for your vehicle. Lexus Extended Warranty: Cost & Coverage Plans | Motor1.com Installation and balancing is included. With any of these plans, drivers can choose either a $0 or $100 deductible. Learn more. Vehicle Service Agreement (VSA) Lease Wear covers your leased Lexus vehicle with protection for components that are typically not covered by a traditional VSA or the manufacturers warranty but may still need to be replaced before your lease matures. You can consult your owners manual for further clarification without contacting a dealership. Quality extended warranty companies pay claims directly to the service center. Our review team called CARCHEX to get quotes on a 2016 Lexus ES 350 with 48,000 miles. In California, roadside service provided if vehicle is inoperable due to the mechanical failure of a covered component. Numerous third-party providers offer affordable extended warranty plans for Lexus that are often. Available during or after financing or lease. For the Supreme plan with the same term limit, we were quoted $97.22 for 36 months with a $100 deductible. There are three Lexus vehicle service agreements available: Drivers can choose between a $0 or $100 disappearing deductible. However, some third-party extended warranty providers may offer lifetime warranties for Lexus vehicles. You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). Lexus will repair or replace original body panels that rust from the inside out within the first six years of ownership. PDF LFS VSA Platinum eBrochure - Lexus Financial | Lexus Financial Car warranty guide: what you need to know - ConsumerAffairs Optional MaxCare extended service plans [1] 3.8 million+ customers since 2009. You can choose from a large repair network. Not to worry - your New Vehicle Warranty provides protection from potential defects in manufacturing materials or workmanship. This warranty is directly from Toyota and any warranty work will need to be done at your Toyota dealer or any Toyota dealer in your state or any state in the USA or Canada Please feel free to give me a call I would be happy to go over the warranty with you. : A wide variety of coverage is essential to support the differing needs of customers. The company boasts accreditation and an A+ rating from the BBB. Endurance vehicle service contracts extend over 200,000 miles and come in five coverage levels. Pros and Cons of Independent Warranty Companies. Platinum Auto Warranty works with extended warranty companies that can cover your vehicle from costly car repairs, including mechanical, electrical, and technological repairs. more flexible than what youll find at the dealership. Stay covered longer. See Agreement for complete terms, conditions and restrictions. Call Directly: 877-350-1136. Which is below par for most luxury vehicles. Refer to Owner's Warranty and Maintenance Guide for details. 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. 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. 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. Although theyre shorter than some of the. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. 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. The company offers six distinct levels of coverage, which are easy to research on the Endurance warranty website. There are three Lexus extended warranty plans. . Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement.