Extended Warranty

I just recently found this forum after deciding to purchase a 2012 4R. Lots of good info here on EVERYTHING!

I took delivery last Friday - 2012 Blizzard Pearl 2WD Limited loaded - added Alum RBs, Cargo Cross Bars, Prem Mats, Mud Guards, Window Tint, DE Guards, Pinstriping. Also Veh Shield Pkg, Ball Mt and 3M Paint Protection-didn't order these, but they were already on the vehicle. Traded in an 07 SR5 with 110K miles, and got what I think is a very good deal - trade diff of $25,339 before TTL. Anyway, when I got to the finance dept, they do the usual push for the maint pkg and ext wty. I had done some research on ext wty but not the maint pkg. After looking it over, I decided the maint pkg was worth it, $1400 for 6 yrs/85K which covers all my maint appts (every 5K), as I calculated each service I would be getting over that period to be about $25 each, so I thought it was a good deal - all service done at the dealership at every 5K interval.

Now on to the ext wty. I bought one with the 07 4R and it paid off as I had three repairs done and they more than paid for the cost of the wty. I was quoted a 5yr/100K wty at 1995 (w/a $100 "disappearing" ded?). When I asked to see what it covered, the guy said "well it's easier to tell you what's not covered, as it covers most everything" (straight sales pitch I know). Anyway, after looking over what little info he gave me and with my past experience, I decided to buy it. I know I should have done some more research, but I felt comfortable since my last one paid off. It is through MPP, which I hadn't heard of at the time but have since researched. The guy said this (MPP) was the only ext wty plan the dealership offered.

So yesterday, I began to do some online research on MPP and didn't like what I found. They are rated C by the BBB and not accredited by them. Further, their complaints online caused me to reconsider my purchase. I found online that Toyota offered ext wty and got a quote on my vehicle for the same coverage (5yr/100K), Platinum coverage, $0 ded at $830! Almost blew me away!

Anyway, to make a long post short (sorry), I'm canceling the MPP wty and going with the Toyota wty. I can cancel the MPP wty w/in 30 days so I've already called the dealership and told them. The finance guy said they don't sell the Toyotal ext wty and he was shocked (or so acted) at how low my price for the Toyota wty was. Pays to do research, obviously. So check out Toyota's extended wty plan if you are looking - much better than the third party wtys the dealer pushes, imo.

Now I have a question for everyone - have any of you ever had the Toyota Platinum ext wty? If so what was your experience with it? Also, it looks like I don't have to buy it right away, but can do so up until the factory wty expires at 36K, and they offer a wty all the way up to 8 yrs/125K, which at $1600 is STILL cheaper than the dealer's ext wty. I won't until 36K to buy, but will probably buy it in the next few months.

Thanks for all the good info! Really enjoy this board!
 
Jerry Johnson
Midwest Superstore
Hutchinson, Kansas
[email protected]
1.800.530.5789 dealership
620.664.8844 cell

His prices on 4Runner 4x4. Local prices before state sales tax in parentheses.
6/125 Platinum $0 deductible - $1019 (1740)
7/125 Platinum $0 deductible - $1144 (1840)
Prices are no taxes or fees unless you live in Kansas.

Plenty of guys on here has bought the ext warr, so don't and swear you don't need them. I will buy a 7/125 Platinum $0 deductible - $1144 when it come close to my 36K or 3 years which ever come first. I have spoken to Jerry at Midwest and he is a cool guy, you could also ask your local dealership if they would match the price but then you would have to pay sales tax.
Up to you, welcome to the board.
 
Thanks I appreciate the information. I sent him an e-mail. Also asked about buying the Prepaid Maint Agreement from him if he could beat the price I got from Toyota of Dallas.
 
Now I have a question for everyone - have any of you ever had the Toyota Platinum ext wty? If so what was your experience with it? Also, it looks like I don't have to buy it right away, but can do so up until the factory wty expires at 36K, and they offer a wty all the way up to 8 yrs/125K, which at $1600 is STILL cheaper than the dealer's ext wty. I won't until 36K to buy, but will probably buy it in the next few months.
Dude, did you read even a single post from this thread?
 
Guys, check my math. My brain has turned to mush.

Truck sold new 2/2010, I purchased 8/2011 with 18k. According to aCar on Android I drive 52 miles per day. So, if I buy the 6/100k warranty it will be up 2/2016 and I would have approx 103k (52x365x4.5yr+18k). If I buy the 5/100k, I will only be at approx 85k, so I am leaving miles on the table that I have paid for. Another option would be to do the 7/125k and have another year covered, and be around 122k at the end of the warranty period (2/2017).

Warranty prices as of last week below

5 YEAR 100,000 MILES $629.00
6 YEAR 100,000 MILES $749.00
7 YEARS 125,000 MILES $1,169.00

The 5 year is pretty much out of the running as I am leaving a lot on the table that I have paid for when $120 more buys another year to use it up. The 7 year being $420 more than the 6/100 I do not know that it would be worth the extra money to me. Odds are I will not have this truck beyond the 2/2016, but I love it so I might surprise myself.

Should I buck up and get the 7/125, or 6/100?
 
Just bought the 6/100 from Jerry. Painless process, and you cannot beat the peace of mind it buys. I highly recommend dealing with Jerry for the extended warranty on your 4R!
 
Just bought the 6/100 from Jerry. Painless process, and you cannot beat the peace of mind it buys. I highly recommend dealing with Jerry for the extended warranty on your 4R!

I just got off the phone with Jerry myself. $749.00 I bought the same 6/100 Platinum. Guy was AWESOME to deal with. Simple email with the info, a pic of my odometer, a credit card and presto. It was a pleasure dealing with Jerry and I HIGHLY recommend him.
 
I just got off the phone with Jerry Johnson. Aside from his name sounding like an FBI alias, it was a very positive experience. I bought the 7/125 for $1144. He said the price has gone up about $25 but he would honor the $1144 I mentioned. Due to my mileage (15 months and 27k miles) he suggested the 6/125, but the extra year for the extra few dollars is better for my peace of mind. I gave him my VIN and mileage, paid with my card, and he told me when I would receive my confirmation, documents, and everything else. It took about ten minutes, including small talk about his lawn. No tax, no fees. He said to send more people his way.

Thanks T4R.org!
 
I just got an email quote from Jerry too. Pricing is the same as others posted.

I'm picking it up tonight, so we'll see what kind of "deal" my finance guy can do there. I'm planning on going w/Jerry as of right now. Most likely the 6yr/100k.
 
Crap I bought this at the dealer and spent way more for less. Anyone know if I can cancel and get this?

If you did dealer financing it could be linked to that, I read something about that online. However I think Toyota Financial Services will allow you to cancel and recoup a prorated amount on this agreement. Some states like Mass. allow for 3 days to cancel any contract without penalty so maybe you can use that as an "out."

Other than Jerry, there is a guy in Mass. who I have purchased from before. Troy Dietrich works at Toyota of Greenfield and he has an informational website. He's been selling Toyota Extended Warrantires for ~7 years and has a lot of very happy customers! I will buy from him again soon.

Toyota Extended Warranties at good prices
 
Thanks, it is linked to the financing, I emailed Jerry hope to get good news. I want to cancel and get his. In the contract it says can be cancelled in 30 days.
 
I emailed Jerry for a quote for my Venza, and he came back with a great price. 7/100 for $899. I got an email from my local dealer last night, asking if I was still interested in the extended warranty, because the prices are going to go up, etc, and I can still take $50 off the quote (which was $1403!).

I wrote back to him that we haven't decided whether or not we are going to keep the car, but even with his "extra $50 off", he was still about $450 too high.

I get a reply back that there was "an error in my submission, and the Platinum warranty 7/100 for your Venza is $925".

If we keep the car, I'm definitely going with Jerry. F my local dealer!!!
 
Forgot to follow up on this warranty. I had an axle seal go bad, and driveshaft slip yoke bind up after the 36k bumper to bumper. Toyota came and picked it up and left me a loaner, fixed both issues and even washed it (was covered in mud from a trail run a couple days before), and dropped it back off. Not a cent out of my pocket. Paid for itself and then some already. Jerry is the man!
 
Thanks, it is linked to the financing, I emailed Jerry hope to get good news. I want to cancel and get his. In the contract it says can be cancelled in 30 days.

Within 30 days, you can cancel it for full refund, after 30 days, prorate refund. So don't worry.
 

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