1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Extended Warranty Question

Discussion in 'Gen 2 Prius Main Forum' started by jwines, May 24, 2006.

  1. jwines

    jwines Junior Member

    Joined:
    May 24, 2006
    5
    0
    0
    I am currently waiting for my first Prius, and I have a question about the Extended Warranty. I know that I can wait before I get the Extended Warranty, however, does the maximum Warranty term go down for each year you wait, or does it stay the same. For example, If I wait two years (or less than 36K) to get the Extended Warranty, does that mean I can only get a 5 year, not a 7?


    --Joshua.
     
  2. Catskillguy

    Catskillguy New Member

    Joined:
    Oct 1, 2005
    536
    0
    0
    Location:
    Mid Hudson Valley NY
    <div class='quotetop'>QUOTE(Joshua Wines @ May 24 2006, 07:59 PM) [snapback]260615[/snapback]</div>
    From what I understand, the warranty makes the total warranty 7/100,000, no matter when you buy. The total risk to Toyota is still the same for the car, warranting it for 7 years, 100,000
     
  3. j24816

    j24816 New Member

    Joined:
    Apr 14, 2006
    141
    0
    0
    Location:
    Los Angeles
    <div class='quotetop'>QUOTE(Joshua Wines @ May 24 2006, 04:59 PM) [snapback]260615[/snapback]</div>

    The extended warranty period starts from the day you bought the car, when you buy the warranty does not matter. The only caveat is you need to buy the warranty within 3 yrs/36K miles.
     
  4. jwines

    jwines Junior Member

    Joined:
    May 24, 2006
    5
    0
    0
    Okay, I understand now, thanks.


    --Joshua.
     
  5. wrprice

    wrprice Active Member

    Joined:
    Jul 11, 2005
    415
    308
    0
    Location:
    Houston, TX
    Vehicle:
    2016 Prius
    Model:
    Four Touring
    Nice avatar. ;)
     
  6. jwines

    jwines Junior Member

    Joined:
    May 24, 2006
    5
    0
    0
    Thanks!


    --Joshua.
     
  7. Bill Merchant

    Bill Merchant absit invidia

    Joined:
    May 3, 2005
    4,096
    82
    13
    Location:
    USA | Oregon | Portland area | 97004 |
    Vehicle:
    2007 Prius
    One other small point, if you buy your warranty now through PriusChat's offering, you pay $990 (I think that's the current rate). In 3 years/36,000 miles, the price of the warranty will have probably gone up. Time-value of money, and all that. When a Toyota extended warranty was first offered through PC, the price was $980.

    For the Toyota MSRP for warranties, click this link.
     
  8. jwines

    jwines Junior Member

    Joined:
    May 24, 2006
    5
    0
    0
    I plan to get the Extended Warranty shortly after I get the Prius, unless I can get the dealer to match the PriusChat price or the other one I've found. I mostly asked the question because I was curious.


    --Joshua.