Best Extended Warranty for the Plug-in's?

Are extended warranties worth the investment?

 

Search the forums here. There's a Toyota salesman who gives discounted deals on extended warranties to PC members. Toyota covers the traction battery for 8 years/100K miles, or for 10 years/150K miles in CARB states, so I don't think that is in the extended warranty.
I didn't buy one for my '04, did get it for my '06, but not for my PiP. On the '06 I used it once, to replace the rear cargo hatch supports. If you greatly value peace-of-mind, go for it. Otherwise, it is a money maker for the dealer and Toyota. I wouldn't buy one from anyone other than Toyota, BTW.

 

Contact me at Performance Toyota- 610-678-3425 xtn 123. I am the finance manager here and can give you an excellent price on a Toyota Warranty. My name is Michael.

 

I personally would advise against extended warranties.

 

Just did a little research and found a post from Troy Dietrich, (search forum called "Sponsored Commercial Sales") the guy who was selling the warranty to members at a discounted price. He says that Toyota has instituted a new policy barring dealers from advertising extended warranties out of state. If you want one, you have until the factory warranty is near expiration- then you can negotiate a price for the warranty coverage you want with any dealer. Read Troy's post below, as he says he can still sell them.

"FYI....​

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Unfortunately, this will likely be my last post. Toyota has recently put into place a new policy where dealers can no longer advertise or solicit for Toyota Financial Services VSA (extended warranty) sales to out of state customers via the internet.​

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This doesn't mean I can't sell them...but, I can't actively participate or promote the sale of them here myself any longer.​

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If anyone has any questions feel free to call me at my direct number 413-772-0989 or email me at [email protected]"​

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Regards,​

Troy Dietrich​

Troy Dietrich
Toyota of Greenfield
(413) 772-0231
(413) 772-0989 (My Direct Line)
[email protected]


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Does not mean that I can not recommend someone!
If I were to get extended warrenty I would go with troy! Give him a call if interested. He did a great job for me on my first Prius, 2005.

I will think about it when I have almost 35,000 or 35 months. As of now I don't think I will, but I'm keeping the door open.

 

you really can't say with precision. For example our 2004's extended warranty more than paid for itself 2 times over..... but its a crap shoot either way - your results may vary. That said, and maybe most importantly you don't have to get one until just about the day before the factory warranty ends - so save your money for now .... you may need it for something better down the road
.

 

This is the BEST advice I've ever seen on any forum regarding extended warranties. Most are normally very negative. With a extended warranty, you're limiting your liability to a defined dollar amount. Even if you never use it, your dollar loss is a defined dollar amount.