Señor Cinco
New member
Hey folks, I've been reading the forum for a couple of months and pulled the plug in December and bought a 2011 4runner SR5 (I call him Señor Cinco) and registered for the forum yesterday. Great place you have here and a wonderful resource. Thanks.
When I bought the 4runner the finance guy talked me into a 5 year 100,000 mile warranty with a Price Refund if not used. I had not researched the warranty part of the purchase at all and went ahead and got the $0 deductible warranty for $1,350. I thought the warranty was a Toyota Warranty and never really considered that it would be a 3rd party warranty because of the way the finance guy explained it.
I have a question and thoughts about the Fidelity Warranty Services "Tender Loving Care" and would love to hear your thoughts.
I have read online from numerous places that the Toyota Warranty is much better than the Fidelity warranty because the Toyota Warranty covers all of the cost associated with the repairs, can be performed without an adjuster having to see the vehicle and because repair costs rarely get denied when using the Toyota Warranty. That sounds like true peace of mind.
I have read online that the Fidelity "Tender Loving Care" Warranty can be delayed for an adjuster to see and approve the repair (a lot complaints about Fidelity not approving Toyotas repair assessment/costs). I have also heard that the diagnostic costs are not covered under the warranty either. I would also imagine that dealing with a 3rd party warranty company would be more difficult than dealing with Toyota directly about repairs.
So, with that said, I am still considering keeping the Tender Loving Care warranty from Fidelity but I have read numerous people suggest (via Google search) not getting anything other than the Toyota Warranty. My only concern with these recommendations is that the person recommending Toyota over 3rd party warrant never really has a reason other than "it's better". If we all used this thought process when making purchases we would be driving around in Porsches and living in $25 million homes, because they are "better" than what we currently own.
My reasoning for questioning whether or not to keep the Fidelity Warranty is that it comes with a MONEY BACK GUARANTEE if not used in 5 years. I had no intentions of buying a warranty when I bought my 4runner. I have a 2004 4runner with 150k and zero problems and Toyotas are known for being dependable. So, I wasn't going to buy one. However, the warranty company is going to give me my money back in 5 years (minus $50 fee) if there aren't any issues. However, if there are issues, I don't get the money back and they repair the vehicle for no additional costs (unless they charge me diagnostics or deny the claim, in that case, I guess I would learn my lesson).
There are 3 warranty options:
So, I'm very sorry for the long post but I'm hoping y'all can steer me in one direction or another and have stories/experiences to help me out. Thanks in advance!
When I bought the 4runner the finance guy talked me into a 5 year 100,000 mile warranty with a Price Refund if not used. I had not researched the warranty part of the purchase at all and went ahead and got the $0 deductible warranty for $1,350. I thought the warranty was a Toyota Warranty and never really considered that it would be a 3rd party warranty because of the way the finance guy explained it.
I have a question and thoughts about the Fidelity Warranty Services "Tender Loving Care" and would love to hear your thoughts.
I have read online from numerous places that the Toyota Warranty is much better than the Fidelity warranty because the Toyota Warranty covers all of the cost associated with the repairs, can be performed without an adjuster having to see the vehicle and because repair costs rarely get denied when using the Toyota Warranty. That sounds like true peace of mind.
I have read online that the Fidelity "Tender Loving Care" Warranty can be delayed for an adjuster to see and approve the repair (a lot complaints about Fidelity not approving Toyotas repair assessment/costs). I have also heard that the diagnostic costs are not covered under the warranty either. I would also imagine that dealing with a 3rd party warranty company would be more difficult than dealing with Toyota directly about repairs.
So, with that said, I am still considering keeping the Tender Loving Care warranty from Fidelity but I have read numerous people suggest (via Google search) not getting anything other than the Toyota Warranty. My only concern with these recommendations is that the person recommending Toyota over 3rd party warrant never really has a reason other than "it's better". If we all used this thought process when making purchases we would be driving around in Porsches and living in $25 million homes, because they are "better" than what we currently own.
My reasoning for questioning whether or not to keep the Fidelity Warranty is that it comes with a MONEY BACK GUARANTEE if not used in 5 years. I had no intentions of buying a warranty when I bought my 4runner. I have a 2004 4runner with 150k and zero problems and Toyotas are known for being dependable. So, I wasn't going to buy one. However, the warranty company is going to give me my money back in 5 years (minus $50 fee) if there aren't any issues. However, if there are issues, I don't get the money back and they repair the vehicle for no additional costs (unless they charge me diagnostics or deny the claim, in that case, I guess I would learn my lesson).
There are 3 warranty options:
1. Keep the Fidelity Warranty
2. Purchase a Toyota Platinum Warranty
3. Do not get a warranty
2. Purchase a Toyota Platinum Warranty
3. Do not get a warranty
So, I'm very sorry for the long post but I'm hoping y'all can steer me in one direction or another and have stories/experiences to help me out. Thanks in advance!
