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2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
over mileage charge !!!!!!!!!!!!!!
The downside of leasing rearing its ugly head !
Cheer up anyhoo ! Its a toyota and chances are you will get
another few years and miles with very few problems........
Avoid ALL those aftermarket companies no matter their AM Best rating or risk retention group!
Read the Warranty gold thread here..................
over mileage charge !!!!!!!!!!!!!!
Its a 2002 so its 5 years old, that doesn't sound like a lot of miles for a 5 year old cat. At 12K a year 51K miles is not a lot, I would suspect there won't be a over mileage charge.
Cheer up anyhoo ! Its a toyota and chances are you will get
another few years and miles with very few problems........
Toyota or not any car will get you many more miles and years, Toyota really won't get you any much more than any other car. The thing is is the truck worth the $11K. A base 4 banger with 2WD would not be. He would be better off getting something else or paying less for that car.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Is it worth it? To me, no. But to the original poster, I would say yes. I personally wouldn't spend $11K on a used vehicle that I don't know if it's been maintained or not. But if the original poster has done the maintenance and the vehicle has been trouble free, then I'd say it's a good buy for them.
But to answer their original question I can't be of much help as I don't think you can get a Toyota backed warranty and I'd never recommend an after market one. I'm a graduate of the Warranty Gold School of Warranties.
Buffalo NY........Buffalo warranty co.????????
So I feel your pain!
My 04 Chevy truck is nearing its warranty end period. I am still up in the air about buying a new GM GMT-900 3/4 ton.
Not many on the lots and NO discounts or rebates yet!
This one only has 20k miles but is used for heavy towing and
snowplowing. If I decide to keep it I will purchase a GMPP
warranty. Snowplowing KILLS any brand truck and 1 broken
transmission or transfer case cost THOUSANDS to fix.......
So the $800 GMPP ex-warranty is a safe bet!
long term lease..............
Heck....Paying for a car TWICE (lease payments plus buyout).
Makes no sense to me..............
Black GM dealer in Pa. has the best GMPP prices.
But I get addl. $$$ off because of I am GM employee/family so there is a further discount.
Still have 3 months of factory warranty left anyhoo so I
still have time.
I really can't kick about repairs tho. My 01 needed a
new trans. case. My 90 +97 I smoked a tiny 700R trans.
ALL my fault from beating them HARD. But repaired under
warranty
My bud just brought home a new GMT 900 last nite so I finally was able to feel touch and drive one without
the salesfolk hanging on me...............
Not to mention because I have 4 other vehicles so the truck
has LOW miles. I dread having to swap my plow to the new
truck not to mention it will cost about $1000 bucks for
parts ie: new push bar and wiring harness...........
But here in lake effect snow land a 4wd and plow are required items....................
I could get a few more years. And it would be cash buyout so no monthly payments.
I wonder if this would qualify for a Toyota CPO? If so (and you are under miles) you could work a deal with your dealer - turn it in, get the CPO'd (about $500-1000 plus any needed repairs) then buy it back with a CPO warranty.
Dennis
runs out (most automakers are the same).
Since you have had it from new IMO a ex-warranty is not needed ! I run my Cadillacs to 100k plus miles in 5-6 years
and never needed a warranty. My trucks are another story!
Yep and many people will tell you that numbers like that are a tad on the high side.
Now I am presuming that the poster leased the vehicle new (as I don't know anyone who has been able to lease a used car but I suppose its possible) so this shows how bad a lease deal can be. He has been paying for 5 years and still owes $11K on it.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Thanks.
(esp. a toyota) with little factory or dealer lease
support $$$ makes them pricey................
You know that dealer would snatch that one up off lease
and have it front line ready for BIG $$$ even tho it
is a low option, stick vehicle !
Even if YVMF made a deal with the dealer they would be
paying thousands MORE than $11k buyout price......
Mr. Dealer is out to make ca$h. (as they should...BUT
NOT off us Edmunds folks!!!!!!!!!!) :P
Ugh........leasing !
See this link for the details on the Toyota CPO program. 3 month/3,000 bumper to bumper (not much, I admit) from the time or purchase, but you get 7yr, 100k mile powertrain and 7yr/100k roadside assistance (the 7yr term starts on these from the day you leased the truck new - so about 2 more years).
2002s must be OK to CPO since a search of 2002 Highlanders shows 9 of them available CPO.
I would ask the dealer how much the CPO would cost and how much they would charge to do it - then decide if it is worth while to you are not.
Folks do this a good bit on high end cars, like BMWs. They lease them, then turn them in and re-buy as CPO to get the long warranty (BMW has no factory backed extended warranty).
I think the Toyota backed extended warranty ship has sailed on your truck - it looks like you have to be within 36/36k of new to buy "extra care". It looks from this discount dealer it would be $1,095 for 84 mo/100k miles.
As to a 3rd party warranty, I would not risk my money on one. Get a price on the CPO or just do nothing, I guess.
Dennis
Nothing wrong with leasing - but just like buying you have to know what you are doing and negotiate a good deal.
Folks buy cars all the time for MSRP or over and get ripped on every trade in they have ever had. This is no different from signing a bad lease deal.
Get a factory sponsored lease deal under 2% effective and negotiate the price of the car to invoice or less, add in some incentive money, and you have got one sweet lease deal. It is also nice not to have a trade in to worry with, but in my case I have never (yet) turned in a lease car. I can always find someone to buy it from me at lease end so I make a little money on it.
A bad lease is just like a bad sale - a bad deal. A good lease can be really nice.
Dennis
used toyota (over the mfrs. factory warranty limit)
on a unit THEY sell..............
Wheres a toyota sales guy to answer this?
But like I posted above they are gonna charge some
big $$$ for it !!!!!!!!!!!!!
assoc. fees along with the over mileage charges most people
face at turn in time.
Posts and posts on these forums over these things.......
For SOME folks leasing is a good deal esp. if you can write it off as a business expense..........
But the average Joe only sees the low payment amount.
http://www.gmoutlet.com
They don't show the price on that site. To get it you
just type in the car info. and it comes back by e-mail
with miles/prices etc....!
Don't worry no salesfolks will bug you either because no
personal info. is needed. Just a e-mail addy.
If you google discount GMPP you will get tons of hits, including these:
http://www.gmprotectionplanonline.com/
www.gm-auto-mall.com
With the same coverage and deductible (if any) the plans should all be the same, so shop around for the best price.
Dennis
used toyota (over the mfrs. factory warranty limit)
on a unit THEY sell
That is correct. Assuming you leased from a Toyota dealer to start with (and with Toyota financing) you will be turning the vehicle back into the dealer at lease end. You make a deal with the dealer to turn it in, get it CPO'd, then buy it back as a used car w/CPO. It would cost you (at least) the CPO fee and the inspection fee for the dealer to check it out, plus whatever profit they add into the deal.
Folks do this all the time on high end cars to get the CPO protection.
In other cases, when you turn the car in the finance folks will offer it to the dealer at a discount (or will listen to an offer from the dealer) which can be a lot less than the lease buy out price. If the dealer does not take the car, they USUALLY roll it through the auction - and NO ONE pays much at an auction. So rather than pay someone to transport it to the auction, auction fees, and low price they CAN make a dealer a nice deal on it to take it. With a GOOD dealer you can save a bunch off your lease buy out price - even allowing for dealer profit. Also, some banks (like Capital One) have better rates for used car purchases than for lease buy outs - so you can save on that end of it too.
If it is worth doing it in this case, you would have to see what the dealer would charge for this. Since the vehicle in this case has past the 36k mark you can no longer get a Toyota extended warranty for it.
Dennis
Personally I would not go for a extended warranty. I would negotiate what I can for a free warranty to cover the car for as long as the dealership is willing to stand by what they sell. That may be 3 months or so. The high mileage means that you will pay through the nose for any extended warranty since extended warranties usually extend the original one to 100K miles. for that reason I am not sure if Infiniti would even consider selling a warranty on your car.
Secondly non manufacturer extended warranties are not the way to go in any way shape for form.
But lets face it, you bought a 5 year old car with 107K miles on it, as someone else said if you are worried about repair expenses why did you buy it?
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
I could not afford a luxury brand vehicle otherwise so I bought it inspite of the high mileage bec. of QX4's outstanding reliability record and bec. this particular model had all the options included.
I also was able to talk to the previous owner(one owner) as well after finding a service receipt on the manual and found out that he maintained the car dutifully and had very little problems with it. All the tires, brakes and rotors had been recently replaced within the past year and the dealership did the inspection and replaced some items incl. the drive belts for what would have cost me approximately $360.
After all that, going by the vehicle's history and reliability record I figured the chance of having a major breakdown soon was minimal and am willing to pay the cost if necessary. I am really impressed by all the luxury features in the truck and am quite happy with it.
Nevertheless, if I could find a reasonable extended warranty
for this vehicle esp. from the manufacturer or otherwise I would seriously consider it. But as you guys said it probably would be too expensive. It seems that the opinion here is that warranties offered by non manufacturers do not make sense. Can you enlighten me on this?
Other warranty companies tend to not stay around long and they have a nasty little habit of not covering what you think they will cover. I would hate to have you spend over a grand on an extended warranty and 9 months later when something happens that it doesn't cover it because it only covers that if it happened when you were driving up a slight incline doing between 33 and 37 MPH at 3 PM on a sunny saturday.
Anyways I hope you enjoy your QX4 and hope it lasts long enough for you.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
let me add another twist....the mfg back warranty has something else working in your favor. Ultimately the mfg wants you to continue buying their cars. If they don't keep you happy and back their ext. warranty there is a good chance you won't buy their car brand again. The aftermarket warranty company knows you have little chance of ever buying their warranty again so they lack incentive to keep you happy.
I have worked at the same Ford Dealership for 15 years and I have never, ever had to apologize for a Ford Warranty, and as long as it is my decision we will never let the other folks back in the door.
Thanks.
I would go the CPO route if possible, or just do without. It is a Toyota and you have driven it since new and I am sure properly maintained it? I think you said you only had 55k on the clock? That is hardly broken in for a Toyota
Dennis
I'll let you know what happens.
Thanks again.
I got an amazing quote for Toyota extended warranty Platinum protection from outside the state of California. I called my dealer here in California to see if she can match or beat the price. But to my surprise she said if I buy the extended warranty underwritten by Toyota from outside the state of California then its not valid here. It was little hard for me to believe so wanted to get your opinion.
Thanks
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2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
The extended Warranty expired in late Dec., 2005.
The story:
All was well until March, 2004 (odometer:40K). Then one day I turned the AC on and there was no cooling until after 15-20 minutes of driving. The-compressor-was-not-engaged (trust me on this). As it was a very intermittent problem, and because going to the dealer was a real pain, I did not bring it to the dealer's attention until mid Nov, 2005. They recharged the system and charged me $200. Since then the AC has frequently been out, but of course usually not when the dealer had it
Am I unreasonable to expect this to be covered by the warranty? If so, how does one "motivate" them to take care of this?
Larry
Since it was unreasonable for you to take this into the dealership until 20 months have passed AND it has been over a year since thing I would say yes it is unreasonable.
If you want them to be motivated to fix a problem you also have to be motivated.
Somehow I have a feeling we don't have the whole story here.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Yes.
Normally, if you bring something to the dealer's attention before the warranty runs out then they can start fixing it under warranty and may have to continue the fix after the warranty expires - and you still pay nothing.
In your case, because it was intermittent and because "going to the dealer was a real pain" you waited a year and a half to REPORT the problem giving them little time to find and solve it. I could see them continuing to work on an intermittent problem for a bit after your reported it and the warranty expired, but the warranty was up 15 months ago so to ask them to STILL be treating this as the same problem is indeed, unreasonable.
Dennis
Yet another reason to not call service contracts 'warranties'. They're different critters.
-mike
-mike
You have a hit or miss problem, the dealer (while plan in effect) says "I think this should fix it". It does not, shouldn't the plan cover the REAL repair for a problem that was reported prior to the contract expiration? I would think so, with some limits. Dec 2005 to April 2007? No way
Dennis