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new owner for a 2005 Prius

Discussion in 'Gen 2 Prius Main Forum' started by Terry Todd, Jul 10, 2012.

  1. Terry Todd

    Terry Todd Guest

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    Location:
    Batavia, IL
    Vehicle:
    2005 Prius
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    I just bought a 2005 Prius yesterday. They offered me a aftermarket warranty that I have 24 hours from last night to decide if I want to get or not. The car has 46,800 miles on it so it still has EV parts still under Toyota warranty.
    I'm undecided as to whether or not I should get the aftermarket warranty.
     
    #1 Terry Todd, Jul 10, 2012
  2. scotthershall

    scotthershall New Member

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    Location:
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    Vehicle:
    2009 Prius
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    Do some research on the warranty company. Some have a history of not paying when you need it to.

    Extended warranties are largely considered as a bad investment. However, if you cannot afford a $3000 to $5000 repair out of pocket, then the extended warranty might be worth it in a piece-of-mind sort of way, especially if you roll it in to a car loan. If you have the ability to easily obtain $2000 to $5000 for a costly repair then the extended warranty isn't worth it.

    But do research first, if you have time. Check the BBB and do some searching on the internet.

    Scott

    Edit: grammar
     
    #2 scotthershall, Jul 10, 2012
  3. usnavystgc

    usnavystgc Die Hard DIYer and Ebike enthusiast.

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    Four
    I wouldn't get it. IMO, extended warranties are nearly always not worth it.
     
    #3 usnavystgc, Jul 11, 2012
  4. AllenZ

    AllenZ Active Member

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    Location:
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    Vehicle:
    2010 Prius
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    Four
    You have to really abuse your car in order to get your money's worth on those insurance. Read more on this site, you will know how to care for the car and your cost of maintenance will be low. Even if your hybrid battery gone bad, it will not cost at much as most people think. And as I see it, the chance of it happening is really really low. I don't worry about it at all.
     
    #4 AllenZ, Jul 11, 2012
  5. tv4fish

    tv4fish Member

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    Location:
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    Vehicle:
    2010 Prius
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    II
    Terry: That's VERY low mileage for a 2005 -- Mine has 150,000 and still going strong. I wouldn't get the extended warranty.
     
    #5 tv4fish, Jul 11, 2012
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