I am looking over the deal my father struck with the dealership and I see two forms here from Toyota Financial Services labeled "Toyota Extra Care Vehicle Service Agreement Application" & "Toyota Care Plus Prepaid Maintenance Program Application".
Here are the particulars for each:
A.)Toyota Extra Care Vehicle Service Agreement Application is either platinum or gold but it's difficult to tell because the x marks are kind of touching both equally haha. $0 deductible plan code B80 for 8 years 100000 miles @ an agreed purchase price of $1,880. On the back of the contract it states everything covered so i guess this is pretty straightforward.
I kind of like knowing that if anything breaks before 100K they will cover it and I mean everything from all the computers to anything electrical or anything that is lubed. I can list it all if asked. If I have 30 days to cancel this, should I?
B.) Toyota Care Plus Prepaid Maintenance Program Application is either premium or classic but its difficult to tell because the x's are kind of touching both boxes but I think it might be closer to classic. Agreements service interval miles is set at 10,000. Plan code is SYJ for 5 years 55,000 miles at a purchase price of $1050.
This is where I am a bit confused as I am not sure what exactly was purchased for $1050. Does this mean that my father basically purchased an extra 3 years on top of the 2 year coverage or is this for 5 years starting after the basic 2 year warranty expires? What is he paying to receive every 10k for the next 55,000 miles? Should I cancel this before it's too late?
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