Turd Sandwich
New member
Just Bought A 2016 SR5 Premium Today. They Offered A 10 Year - 100000 Mile Warranty For $2100. Suppose To Be Bumper To Bumper. IS It Worth It? I Have A Few Days To Decide. Thanks
10 year 100,000 Warranty
- Thread starter Turd Sandwich
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williamlv282
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It's almost never worth it. Especially on a vehicle that has such high reliability.
I paid for it when I bought my 4runner and I'm just now realizing how stupid it was for me to do that. I didn't pay $2100 though I paid somewhere around $1300 if I remember correctly.
I paid for it when I bought my 4runner and I'm just now realizing how stupid it was for me to do that. I didn't pay $2100 though I paid somewhere around $1300 if I remember correctly.
4RunnerAU
New member
Turd Sandwich
New member
Thanks For The Replies. I'll Try To Negotiate Tomorrow
NuclearN8
New member
All these extended warranties are just insurance policies that have nothing to do with Toyota. They are underwritten by a 3rd party that has no affiliation with Toyota other than a dealer is who provides the insurance company the estimate and justification for repair before the insurance company authorizes it. There is almost always a $50 deductible per complaint/visit regardless if the issue is resolved/ covered by the insurance.
If you decide to buy this please negotiate A LOT! Chances are you'll never use it on a vehicle like the 4Runner but every manufacturer/ model has it's outliers for one reason or another. Generally speaking though, any failures occur early on when you're still under factory warranty, this is the infancy stage of reliability where failures are most likely to occur. then failures flatline out to the bottom of the bathtub and near end of life they ramp back up (the end of life on a 4Runner is usually well beyond 8/100,000 with proper maintenance) so one can argue buying one of these insurance policies is pointless as random failures during the useful life of the vehicle with proper maintenance are negligible.
If nothing else makes sense of what I just typed I am a reliability engineer and would never buy one of these on the 4Runner... just a waste of money unless you're trying to appeal to the next buyer (since they are transferrable to one owner typically)...
Also know the finance guy has to ask and make it sound like you need it, they're salesman too so don't fall to victim here.
wsgoat
New member
Great post Nate!
Okole
New member
This is a major reason I got mine. I also live in HI so auto repair prices are a lot higher. Also this extended warranty covers electrical issues and I think that makes it a lot more worth it. I'm not worried about the drivetrain, but issues with the electronics are a lot more probable.
chiz45
New member
I think I paid $1500 for 8/80k and 5 year maintenance.
LUVDA4RUNNER
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Don't waste your money. 100k miles is a piece of cake in a 4runner. Chances are you will not need it. Keep the $2100 and use it if by some chance you have a problem
williamlv282
New member
Seriously? I will definitely do that if it's possible. Should I talk to my dealer or just call Toyota Financial?
NuclearN8
New member
No, Toyota Care is prepaid preventative maintenance (oil changes, brake pad visual inspections...etc...).
Extended warranties are not the same thing as Toyota Care (which is offered and backed by Toyota at time of sale to get the vehicle (and you) back in to the dealership so the service writers can sell you additional service/ parts you don't really need... welcome to the Harley Davidson company model, e.g. the cheapest part of the purchase is buying the actual motorcycle (or vehicle in this case)... by getting you back into the dealership this provides them another opportunity to sell you another vehicle (trade in that ole lunker in service pitch), merchandise, and TRD parts)
Extended Warranties are offered to cover the time period after your factory warranties expire until the year/mileage limit for corrective repairs only that are within the scope of the insurance policy (you need to read the fine print). Typically these extended warranty policies coincide with the low flatline portion of the reliabilty curve of a product (e.g. the bottom of the bathtub where sporadic failure are least likely to occur).
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NuclearN8
New member
You call the insurance company (toyota has nothing to do with it). It's only sold by the finance guy at time of sale (because they get a kickback for selling so many policies each year... remember they are salesmen too). There should be a number on the back of the card you show the service department when you take it in under the policy.
