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Lexus RX 350 Service Contract and Extended Warranty

I think we might need a dedicated thread.

I just bought an RX350 (07) for 37450 plus TT. It was a pretty pleasant experience, but one thing is they tried to sell me separate service contract. It was 50000 miles service plus extended warranty (to 100K miles) for a bit less than $4K. The SUV needs a service every 5K miles and the first service is free anyway, so it's like 9 services.

I live in bay area, CA. I am just wondering whether it's worth it.

The good: they not only do the service but also take care of transporting the car for it, so I don't have to drive to the dealer myself.

The bad: payment up front, and I personally do not care for extended warranty much (although it might be good for resale).

I drive less than 10K miles a year and plan to keep the vehicle for at least five years.

Any comments? Especially for previous Lexus owner. How much does it cost you for service?

I signed the service contract separately but could call back before Wednesday to cancel it. So your feedback would be greatly appreciated.
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Comments

  • briegelbriegel Posts: 139
    Cancel it!!!
  • tidestertidester Posts: 10,110
    You might want to check out the existing Extended Warranties discussion.

    tidester, host
  • It's not exactly the same as EW. It's actually a (prepaid) maintenance plan which covers all maintenance for 50000 miles, and Extended Warranty is also included.

    So I'd like to see whether the cost of all the maintenance justifies it.
  • mjd2mjd2 Posts: 2
    I am considering an extended warranty. WHat is your experience with AAAutoWarranty or other companies?
    thanks, Mjd2
  • chucko3chucko3 Posts: 793
    Make sure you know what type of EW they offered.
    There are gold and platinum. Platinum costs more, but covers more parts.
    I say buy only the EW, not the 50K service.
    I saved $700 on 7yrs/100K miles/$0 deductible/platinum
    when I showed them an on-line quote from another Lexus
    dealer.
  • cjam2cjam2 Posts: 1
    I looked at Auto repair Warranty. online they appear to be covering all bases. and very affordable bumper to bumper coverage.
  • chucko3chucko3 Posts: 793
    $1860 for 7yrs/100K/$0 deductible, Platinum coverage. It's
    a Lexus warranty.
  • wlbrown9wlbrown9 Posts: 835
    Compare the list of their scheduled maintenace and included items to the schedule in the owners manual. Most of the time these prepaid maintenance plan may include a lot of items that may be a good ideal, but are not specifically recommended by the manufacturer. Yes, you do need to have the oil & filter changed on a regular schedule but using a $40 per change cost, that works out to maybe $400. Now find out the other services required by the manufacturer and also the cost of the Extended Warranty.

    So, if the extended warranty cost $2000 for example and the oil changes are $400, the total is $2400. So, you need to find out if the remaining required items are worth $1600 (assuming $4000 cost.)
  • chucko3chucko3 Posts: 793
    I believe they charge $100 per oil change visit. The first
    oil change is on the house.
  • I think you got a great price on the car. Would you mind sharing what dealer or online program you used?
  • akgakg Posts: 85
    My Good buddy is going to buy a brand new 400 series Lexus Hybrid SUV in Northern California. He wants an extended warranty. When I have bought mine in the past I have always gone to Edmunds first and have always found some dealership many states away that I can get a better deal with. Any suggestions on which way to lead him? Thanks!
  • Hi guys, just wanted an opinion from some of you experienced owners..

    I just bought a 2008 RX350 today.

    What do you think about the extended warranty plan? 7 yr/75000 miles or 7 yr/100000 miles? Is it worth it? How much are lexus repairs beyond the 4 year mark? I know it's too early to tell but those of you with the 300's.. I just made my down payment, and have a chance to buy one of these options (such as the simonize thing and other stuff) before my final deal is done (i'm already committed...paid a significant deposit already).

    thanks in advance for your opinions.
  • tidestertidester Posts: 10,110
    You may also be interested in this general discussion: Extended Warranties

    tidester, host
    SUVs and Smart Shopper
  • rpacrpac Posts: 83
    Hi Solar 2000 – Interesting post you put up. Let me say this. I just purchased a 08 RX350 AND the 7 year 100,000 mile warranty. Had the car for about a week and talked to a buddy of mine that works for Honda. He said why are you buying the warranty now?? You already have a 4/50000 mile warranty. Wait until just before your original warranty is due to expire and then buy if you still have the car. If you are financing the car think of the interest you are paying on the warranty alone! No, bad idea.
    So I went back to dealer and although they had processed my contract they agreed to pull out the warranty and all is well. Good Luck and Happy Driving!
    And by the way, once your original warranty has expired the costs in repairs etc are prohibitive, and I highly recommend buying your extended warranty at that time. Just don’t let your original warranty expire before you buy the extended warranty. Also, it will give you a much better picture of how many miles you drive per year, and in that way you can calculate how long an extended warranty you should buy. Don’t buy any of the other stuff like simonize etc. It’s a big rip off.
  • joeyijoeyi Posts: 11
    My factory warranty is about to come up on my 2005 RX 330 and I have been debating if I should purchase an extended warranty. I have recieved a qoute for $2350 for 7yrs/100,000 miles from my local Lexus dealership. Can anyone let me know if this is a good price or what amount has been paid for this warranty. Any advice would be greatly appreciated as I need to make my decision fairly quickly!
    Thanks!!
  • mjd2mjd2 Posts: 2
    If it is a Lexus warranty sounds like a fair deal. I purchased a 100,000 mile extended warranty from "First Automotive" for $2,061 when I purchased a 2005 RX330 which had 43,000 miles on it.
    I have not yet used the warranty so can't comment on it but if all coverages were equal , I would rather have Lexus warranty for the $300 additional.
    Mark D.
  • mookie18mookie18 Posts: 15
    You can get the extended warranty from other Lexus dealers.
    I found some contact info on another Lexus forum for dealers and quotes they gave were about $500 less than the listed price on the Lexus site.
    The quotes I requested were for platinum warranty for either 7yr/75k or 7yr/100k.
    Didn't buy it because I extended my lease, but will definitely buy the warranty if I eventually decide to buy my 2007 RX350.
    Not sure if it's ok to include in this post, but the forum where I found other dealer info for cheap extended warranty was Club Lexus.
  • You can get an exrtended warranty after the purchase as long as the vehicle did not exceed the original 4yrs/50kmiles threshold.

    Iam shopping for extended warranties myself for an '07 RX350 and got some good prices from other dealers -not in CA.

    Lowest so far have been from Lexus dealer in shreveport, LA and from webargain4u.com . Both well below $2k.

    Joe
  • You can get a 7yr/75k or 8yr/75k for about $1600-1800 at out of state Lexus dealers.--the platinum one also.

    Joe
  • roblawroblaw Posts: 17
    I got a great deal from that same Lexus dealer in Shreveport, LA. $1525.00 for 6/100.
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