Lexus offers standard extended warranty options, and the manufacturers Platinum plan can give drivers comprehensive coverage at a reasonable price. Not all third-party providers provide quality coverage, which is why its important to research any company with which you plan to do business. Valid receipts will be required for reimbursement. The purchase of a Vehicle Service Agreement voluntary protection product is optional, cancelable (subject to specific agreement terms) and not required to obtain credit. Learn More. Our team analyzes provider offerings and customer insights so you can feel empowered to make the best choice. Below is a list of the specific coverage found in your Lexus factory warranty. Coverage provides up to $100 per day for lodging and meals if you're more than 150 miles from home. In this article, we at the Guides Auto Team will look at the parts that are backed by the Lexus extended warranty, perks for contract holders and what you can expect to pay for coverage. Time and mileage coverage periods are measured from the date the vehicle was first put into service as a new vehicle and zero miles. CARCHEX partners with and is endorsed by known industry brands, such as Kelley Blue Book, SiriusXM, CARFAX, and Edmunds.com, so you can feel comfortable knowing youre working with a reputable company. Coverage for high-mileage vehicles with a fairly extensive inclusion list that focuses on the powertrain, : Endurances most basic auto warranty that only covers parts of the powertrain, : Mid-level warranty with a short waiting period of only 30 days/1,000 miles, : High-tier comprehensive plan provides coverage for hundreds of listed parts, : Endurances exclusionary, bumper-to-bumper warranty, : Combines component coverage with coverage for maintenance items such as oil changes, brake pad replacements, and tire rotations. Vehicle Dependability StudySM, and was second only to Genesis in the premium segment. Vehicles are eligible for this VSA up to 4 years or 50,000 total vehicle miles, whichever comes first. The most basic extended warranty coverage offered by Lexus is its Powertrain protection plan. If your Lexus experiences a mechanical failure within your first few years of ownership, there is a good chance the repair will be covered under your Lexus warranty. Vehicle Service Contract Coverages Platinum: available for vehicles with 150,000 miles or fewer Gold: available for vehicles with 180,000 miles or fewer Silver: available for vehicles with 200,000 miles or fewer Powertrain (only): available for vehicles with 150,000 miles or fewer Engine: available for vehicles with 150,000 miles or fewer Protection is available for New Lexus vehicle for up to 4 years or 50,000 miles, whichever comes first. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. Car warranties are intended to act as guarantees that an automaker has produced a quality product. By using this site you agree to the You wont be responsible for paying the repair facility when you go for repairs. The cost of a Lexus extended warranty depends on your particular vehicle and dealership. Lexus Corrosion Perforation Warranty-6 years/unlimited mileage. Third-party coverage is sometimes cheaper than a vehicle service agreement offered by a manufacturer. , roadside assistance and trip interruption coverage are also folded into the CPO warranty. We use data about you for a number of purposes explained in the links below. While the final cost of your Lexus extended warranty will factor in exactly where you live in or around Tampa, the specific Lexus model you are looking to buy, and the coverage package you opt for, you can expect to pay somewhere within the range of $2,800-$3,000. We also consider the responsiveness of each companys customer service team based on our secret shopper analysis. At Motor1.com, we are dedicated to supplying car owners with the well-researched, fact-checked information they need to make sound decisions about auto warranties. Lexus extended warranty plans include: Powertrain, Gold, and Platinum. With all of the coverage options, except for the Silver and Bronze plans, you can get coverage for a maximum of 10 years. Benefits of a Third-Party Warranty for Your Lexus, Covers powertrain components like the engine, transmission case, transaxle, and transfer case. While Mercedes Benz, Audi, and BMW all extend their warranties from 50,000-100,000 miles, Lexus' warranty protection ends at 3-years/100,000-miles with no extension. Lexus ranks seventh out of 32 brands with an overall reliability score of 4.0 out of 5.0. Ineligible vehicles include taxis, shuttle, commuter, professional, emergency or police vehicles, salvage vehicles, all vehicles used or to be used for competitive driving or racing, vehicles used or to be used for plowing snow or towing a trailer in a manner exceeding manufacturer's recommendations, and all vehicles to be held by the purchaser or lessee for hire to the public or for hire to any persons not affiliated with the vehicle purchaser or lessee. Note:The purchase of a Vehicle Service Agreement voluntary protection product is optional, cancelable (subject to specific agreement terms) and not required to obtain credit. While Lexus vehicles are relatively reliable, especially compared to other luxury cars, an extended warranty can help protect you against unexpected repair costs. If a covered component breaks down as the result of normal use, Lexus will pay to repair or replace that component. The company offers six distinct levels of coverage, which are easy to research on the Endurance warranty website. The three Lexus Extra Care coverage options are as follows: All Lexus extended warranty contracts are transferable and include the following additional benefits: While the Platinum plan is comprehensive, it excludes items such as: Extended car warranties vary in cost depending on your vehicle. 1-800-874-7050, Monday through Friday, between 8:00 am - 8:00 pm in your local time zone. Call us at1-800-448-1505to get prior approval for expenses incurred. Well review whats covered by the Lexus extended warranty, outline whats included in Lexus factory and certified pre-owned (CPO) warranties, and see how the Lexus offerings compare to some of the best extended auto warranty companies on the market. Numerous third-party providers offer affordable extended warranty plans for Lexus that are often. The powertrain plan covers basic, essential components, while the Gold and Platinum plans provide greater levels of coverage. You can transfer this Lexus coverage one time at no cost, as long as its from the cars original owner to a private party. The terms will depend on who your provider is. Call us at1-800-448-1505to get prior approval. The following are common repairs experienced by Lexus owners and what they cost: If one of these problems came up after your Lexus factory warranty had expired, youd be the one footing the repair bill. The Lexus Vehicle Service Agreement (VSA) is the brands version of an extended warranty. Cover the costs for mechanical breakdown after your vehicle's factory warranty expires, including many that can be costly to repair. Get peace of mind you're protecting your vehicle and flexibility to choose your terms and mileage. Every new Lexus vehicle is backed by a limited Lexus manufacturer warranty coverage for 48 months or 50,000 miles. Cancellations will be prorated if applied for after 30 days. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. The company has also received numerous featured spots on popular networks such as TBS, ESPN, and HGTV. In this article, we reviewed Lexus factory and extended warranties and compared their cost and coverage with those from leading third-party extended providers. Vehicles are eligible if they are within current plus 9 model years and less than 125,000 miles.4Used vehicle plans are available only at the time of the used vehicle sale. Partner content: This content was created by a business partner of Dow Jones and researched and written independently of the MarketWatch newsroom. All of these are outlined in your Lexus vehicle service agreement. Endurance currently has a 4.0-star rating from Trustpilot, with over 5,600 reviews. Coverage is available 24 hours a day, 365 days a year within the continental US and Canada, while your agreement is active. Links in this article may result in us earning a commission. While factory coverage does not last forever, it can be lengthened by a Lexus extended warranty. Lexus Extended Warranty Platinum: Bumper-to-bumper coverage that includes components like the brake pedal subassembly, airbags, CD player, radio, coolant sensor, air pump, door lock assembly,. Reputable extended car warranty companies offer several benefits over a manufacturer extended warranty, such as: If a third-party extended warranty interests you, start comparing free quotes from reputable extended car warranty providers likeEndurance, CARCHEX, and Protect My Carthe industrys top providersusing the buttons below. Retail installment accounts may be owned by TMCC or its securitization affiliates and lease accounts may be owned by Toyota Lease Trust (TLT) or its securitization affiliates. All new Lexus vehicles come with the following limited warranty protection: Certified pre-owned (CPO) Lexus cars are protected by a 3-year/100,000-mile basic warranty. The site determines reliability scores by evaluating the following criteria: In this case, severe refers to any repair that costs more than three times the average annual repair cost for all models, or $1,956. Coverage includes oil and filter changes, 2 multi-point inspections, tire rotations, and any additional services included in the Scheduled Maintenance Log of your Lexus Warranty and Services Guide, under normal driving conditions. New vehicles are eligible for this VSA at time of lease only. Refer to Owner's Warranty and Maintenance Guide for details. Wheel alignment and balancing are covered for 12 months or 12,000 miles, whichever occurs first. Thank you so much Jerry Johnson Jerry Johnson Warranty Manager Midwest Toyota Midwest Ford The site determines reliability scores by evaluating the following criteria: Lexus ranks seventh out of 32 brands with an overall reliability score of 4.0 out of 5.0. Complaints mainly come from people who are unhappy with the claims process and specific exclusions, though this can be avoided by reviewing your contract fully before purchasing an extended warranty. You can get a free extended warranty quote from Lexus by contacting your local Lexus dealership. If you buy coverage with the purchase of your car, the Lexus dealer will likely include it in your monthly payments, thereby charging you interest on the policy premium. Mileage is unlimited. Get a Quote From Our Most Affordable Provider - CarShield. Note: Vehicle Service Agreements are optional, cancellable (see terms of Agreement) and not required to obtain credit. However, quotes can vary widely based on several factors, so its best to contact Endurance to get an idea of what a plan would cost you. One way to find out is by looking at your Lexus reliability. Just like bumper-to-bumper and powertrain coverage coverage, this lasts from one to five years. Time and Mileage coverage periods for Used Vehicle Plans are measured from Agreement Application Date and Agreement Application Mileage. To learn more about our editorial integrity policy and how we make money through affiliate partnerships, read our full disclosure. You dont want to get caught paying for repairs and waiting for reimbursement. A VSA warranty can give drivers. The company has also received numerous featured spots on popular networks such as TBS, ESPN, and HGTV. Coverage expires upon reaching your selected time of the coverage period. In the sections below, well review the specific parts and systems protected under the Lexus extended warranty. In addition to part repair coverage, Lexus offers the following protection plans: All Extra Care coverage options come with 24-hour roadside assistance, which includes towing, dead-battery jumps and fuel delivery services. the industrys top providersusing the buttons below. Youll get both a cost estimate for your specific vehicle, but also a taste of each companys customer service. Whether the extra coverage is worth it for you will depend on your personal financial situation. : Comparing providers can be difficult due to the many factors that influence cost. If you're looking to protect your eligible, used Lexus, but don't need the broad coverage of our Gold or Platinum Lexus Care VSA plans, Powertrain Protection is for you. If you cancel the Lexus vehicle service agreement within 30 days, youll receive a full refund minus the $50 processing fee. Three levels of protection are offered, and contract term limits extend as high as seven years. lexus used car extended warranty, lexus extended warranty plan, lexus certified pre owned warranty, lexus extended warranty worth it, lexus factory extended warranty purchase, cost of lexus extended warranty, lexus extended warranty programs, lexus platinum extended warranty coverage Airways-This airline website helps protect creditors about how is another popular extended warranty provider for Lexus cars and SUVs. Lexus Extra Care Gold Whether you need a Lexus extended warranty depends on what model you own and if you plan to keep it. Coverage expires upon reaching the maximum time or mileage of the coverage period selected, whichever occurs first. : A wide variety of coverage is essential to support the differing needs of customers. At login, we collect and store data about your device (i.e. A Lexus vehicle service agreement protects your finances any time you face a covered repair. Our team takes into account BBB ratings and the companys history of reliable service when giving this score. : Bumper-to-bumper coverage that includes components like the brake pedal subassembly, airbags, CD player, radio, coolant sensor, air pump, door lock assembly, hinges, and seat belts, Mid-tier coverage that includes electronic components, brakes, the cooling system, fuel system, hybrid components, and steering, : Basic powertrain coverage that includes components of the engine, transmission, and drive axle, 2-year/50,000-mile bumper-to-bumper warranty, 6-year/unlimited-mile corrosion perforation warranty, 10-year/150,000-mile hybrid battery warranty. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical failure of a covered component. This article explains the coverage provided by the Lexus warranty and how long this coverage lasts. All plans cover vehicles for up to 4 years/50,000 miles, whichever comes first. Get exceptional coverage from the premiere vehicle service agreement for new Lexus vehicles, including repair costs for mechanical breakdown and parts after your vehicle's factory warranty expires. Protection is available for new Lexus vehicles for up to 4 years or 50,000 miles, whichever comes first. The factory warranty coverage for a Lexus is very short, which makes a Lexus extended warranty more appealing, even if Lexus vehicles are reliable and have generally low repair costs. All rights reserved. This article will answer these questions and more. Lexus offers three extended warranty plans and can last up to 10 years. There are three Lexus extended warranty plans. 24/7 Roadside Assistance and reimbursements for covered vehicle rentals, meals, and lodging. Guaranteed Auto Protection. Following is a summary of the Lexus Accessory Limited Warranty for genuine parts and accessories: We will either provide a replacement part or repair any Lexus part or accessory that is defective in material or workmanship. Endurance vehicle service contracts extend over 200,000 miles and come in five coverage levels. See your Lexus dealer for more information. Copyright 2023 Motor1.com. Heres a list of some exclusions outlined in the vehicle service agreement: Also, all covered repairs must be completed at Lexus dealerships or brand-certified auto shops. Lexus Extra Care Platinum This tier is the highest and covers everything the other two tiers do as well as additional components like pedals and door handles. An extended Lexus warranty is not the only way to lengthen your Lexus protection. When she needed it, your Customer Service team addressed every need and request. Quality extended warranty companies pay claims directly to the service center. The company handles the entire claim minus your deductible. To get a Lexus extended warranty quote, contact your local Lexus dealer and keep in mind that costs may be negotiable. The L/Certified warranty includes both bumper-to-bumper and powertrain coverage, and it gives owners complimentary maintenance for 2 years/20,000 miles. There is a maximum of 5 days over the life of your agreement. Included in the vehicle purchase are a bumper-to-bumper warranty, powertrain warranty, hybrid warranty (if applicable) and coverage that deals with rust and part replacements. You can consult your owners manual for further clarification without contacting a dealership. Best Car Warranty Companies In California. Make sure you can choose the mechanic you want. We want you to find coverage that gives you peace of mind. 2023 VerticalScope Inc. All rights reserved. Coverage provides up to $35 per day for a maximum of 5 days per occurrence. Understand the guarantee. If you dont need your warranty to last that long, save money by selecting a shorter time frame. Coverage is effective from date of first use as a new vehicle and zero miles.4Coverage expires at maximum time or mileage of the selected plan, whichever comes first. But do you need an extended warranty for your Lexus? Coverage includes costs related to the repair or replacement of your vehicle's tires, or replacement of your wheels due to defect of materials or workmanship, damage due to eligible road hazards1 and costs3 associated with mounting, balancing, valve stem(s), disposal/environmental . That said, Lexus extended warranty coverage can still be beneficial if you wouldnt be able to pay for a major, unexpected repair out of pocket. Numerous third-party providers offer affordable extended warranty plans for Lexus that are often more flexible than what youll find at the dealership. It is for approved Lexus vehicles up to 15 years old, subject to 150,000 mileage limit - the old Extended Warranty was for approved Lexus vehicles up to 10 years old and 140,000 miles, so the new extended warranty covers vehicles for longer in this respect. In an effort to provide accurate and unbiased information to consumers, our expert review team collects data from dozens of extended auto warranty companies to formulate rankings of the best providers. Electric Vehicle ; Autos ; Reviews ; Acura; Alfa Romeo; AMC; Apollo; Apple Car; Aston Martin; Audi Ineligible vehicles include taxis, shuttle, commuter, municipal, professional, medical, emergency or police vehicles, salvage vehicles, all vehicles used or to be used for competitive driving or racing, vehicles used or to be used for plowing snow or towing a trailer in a manner exceeding manufacturer's recommendations, and all vehicles to be held by the purchaser or lessee for hire to the public or for hire to any persons not affiliated with the vehicle purchaser or lessee. The Lexus Certified warranty, or L/Certified warranty, covers most CPO Lexus parts and components, acting as an extension of the vehicles original bumper-to-bumper Lexus warranty. Deductible applies to each eligible repair visit. Vehicles are eligible if they are within 13 model years and less than 100,000 miles.4Used vehicle plans are available only at the time of the used vehicle sale. Damage caused by an accident, misuse, or neglect is not covered. Coverage periods for VSA Lease Wear are measured from the date the vehicle was leased for the coverage period indicated on your agreement. The following factors will all influence the cost of your Lexus extended warranty: Our research experts found that the price of a Lexus extended warranty can range from $2,000 to around $3,800 depending on coverage. To see how much you would pay for third-party coverage, click below. Covered components are subject to change. The vehicle repair cost estimation website. In California, roadside service provided if vehicle is inoperable due to the mechanical failure of a covered component. You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). Copyright 2023 MarketWatch, Inc. All rights reserved. Lexus owners can purchase an extended Lexus warranty for any vehicle that is fewer than four years old and has less than 50,000 miles on the odometer. Lexus offers several extended warranty options that range from basic powertrain coverage to a full bumper-to-bumper vehicle service contract. are among the best extended warranty providers. Pleasesee your dealerfor state-specific cancellation policies. Similar to Toyota, the parent company of Lexus, the brand has received high marks for reliability from multiple auto industry research groups. CarShield offers six distinct plans, low or $0 deductibles, and multiple payment options, making it our choice for Best Value among extended warranty providers. Lexus powertrain warranty coverage, which protects just the engine, transmission, drive axles, and related parts, lasts for 6 years/70,000 miles. Our review team sifts through customer reviews and complaints from reputable sources such as the Better Business Bureau (BBB) and Trustpilot. Coverage is subject to exclusions and limitations set forth in the Vehicle Service Agreement. Aside from the coverage provided when you purchase a new vehicle, drivers can pick up a Lexus vehicle service agreement. After reviewing industry leaders in the vehicle service contract industry, we found that Endurance, CARCHEX, and CarShield are among the best extended warranty providers. An extended. The deductible is the dollar amount you pay for authorized claims related to a single repair visit. Writers and editors evaluate each brand based on industry data and real customers experiences, meeting high editorial standards to keep readers informed. It is only available for vehicles that are between 10 and 15 years old and/or 100,000 . Just look at these common repairs: While the Lexus extended warranty may seem convenient, you could end up saving by shopping around. If you find a provider that doesnt back up its coverage with some sort of guarantee, you probably shouldnt shop with that company. The deductible is the dollar amount you pay for authorized claims related to a single repair visit. We're taking you to Toyota.com website to connect you to the information you were looking for. In researching third-party providers, here are several advantages our research team found: One downside that turns some drivers away from independent coverage is that there is no guarantee that you will receive genuine parts with repairs or have work performed by factory-trained technicians. Valid receipts will be required for reimbursement. : The level of customer service and care provided by an extended warranty company is an important consideration. By comparison, comprehensive coverage from a third-party provider could cost anywhere from $1,800 to $3,000. The company boasts accreditation and an A+ rating from the BBB. What does the Lexus Certified warranty cover? Below is a list of the specific coverage found in your. Lexus does not have a lifetime warranty. Our review team called CARCHEX to get quotes on a 2016 Lexus ES 350 with 48,000 miles. A VSA can help cover eligible repair costs due to mechanical failure that occur outside your standard warranty. When deciding whether to purchase a Lexus extended warranty, you should also consider your Lexus factory plan. Note: The benefits and covered operations stated here are subject to change or may vary slightly based upon the purchase date of the Agreement. : Many of the plans also include benefits such as roadside assistance and rental car coverage. L/Certified Limited Warranty is valid for a minimum of two years/unlimited mileage after the expiration of 4 year/50,000 mile new vehicle Basic Warranty, or two years from your L/Certified purchase or lease date, whichever occurs later. Deductible applies to each eligible repair visit. Lexus warranty service is performed by Lexus-trained technicians using Lexus Genuine parts, and is available at any Lexus Dealership in North America. It ranked sixth out of 32 car manufacturers in J.D. Power 2022 U.S. One of the biggest perks of CARCHEX is the companys variety of coverage levels, which are easy to research on the website. Well review whats covered by the Lexus extended warranty, outline whats included in Lexus factory and certified pre-owned (CPO) warranties, and see how the Lexus offerings compare to some of the. Coverage can be selected for cars up to 8 years/200,000+ miles. It is certainly worth looking into third-party alternatives to find the best price, but a Lexus extended warranty is likely a safe bet. All Travel Protection benefits are valid only if your vehicle becomes inoperable due to mechanical breakdown of a covered component. Our review team has investigated a large number of providers and determined the, If a third-party extended warranty interests you, start comparing free quotes from reputable extended car warranty providers like. The vehicle repair cost estimation website RepairPal figures the annual repair cost for the brand is $551 per year, which is about $100 below the industry average. As such, the manufacturer does not expect covered components to fail within the duration of a warranty. Tire & Wheel . The Lexus factory warranty includes 4 years/50,000 miles of bumper-to-bumper warranty coverage and 6. The Lexus Platinum extended warranty is the most comprehensive of the Lexus vehicle service agreements offered and includes repair costs for mechanical breakdowns after the factory warranty expires. It also includes wheel alignment and balancing for 1 year/12,000 miles. Lexus owners have an extra year of protection for both. If the Disappearing Deductible option is selected and the selling dealer of the VSA performs covered repairs, the $100 deductible will be waived. In our March 2022 survey of 1,000 drivers who had purchased extended car warranties, 52% of respondents said coverage was their most important consideration. We'll cover eligible repair costs due to mechanical breakdown after your factory warranty expires, including many parts not covered in Gold and Powertrain plans. If you can handle smaller repair bills, you might consider basic coverage, such as a powertrain warranty. Cover the costs for mechanical breakdown after your vehicle's factory warranty expires, including many that can be costly to repair. Purchasing additional coverage is usually a smart choice if you want to drive beyond the factory warranty. Below is a list of protection plans offered by Lexus: You can purchase a Lexus vehicle service agreement from the dealer at any time. LFS VSA Platinum eBrochure - Lexus Financial | Lexus Financial Coverage expires upon reaching your selected time or mileage of the coverage period, whichever occurs first. Check the claims procedure. so an extended warranty is not a bad idea. The Lexus bumper-to-bumper warranty offers coverage for 4 years/50,000 miles and backs a variety of parts across the vehicle. Vehicle extended warranties are very profitable for car dealers. Call Directly: 877-350-1136. Can A Car Be Registered And Insured In Different States? Cancellations will be prorated if applied for after 30 days from the issue date. The manufacturer will pay to repair covered components if they break down from normal use, but any damage that is the result of an accident, improper maintenance, misuse, or neglect is not covered under a Lexus warranty. Youll get both a cost estimate for your specific vehicle, but also a taste of each companys customer service. Third-party providers rarely guarantee the use of genuine Lexus parts for repairs, and because you dont need to have repairs done at a dealership, theres no guarantee that your car will be worked on by a Lexus-trained technician. Lexus vehicles have high RepairPal reliability scores and an estimated annual repair cost of $551. Endurance is an excellent choice for a Lexus extended warranty. RepairPal collects driver-reported data to determine reliability scores for many vehicle manufacturers.