Warranty Increase? "No" says Toyota

[toyomoho]

I thought GM increased warranty protection to increase consumer confidence (and I assume boost sales). Toyota has no lack of sales. Toyota most likely has production teething problems due to the rate ramp ups. If/when production stabilizes the quality issues should go away. Unless Toyota forgets how to build cars (this does happen to manufacturers).

[CLIFFJONES]

Originally Posted by denvertaco07

Cmon people....if you want an extended warranty then buy a toyota extended warranty!

example of a good deal:

Toyota Platinum Extended Warranty 7yr/100k miles, $0 deductible, $805

Troy Dietrich at Greenfield Toyota
Phone 413 772-0231 or 800 255-0212

Thanks, but no thanks. I already have one and it dont stop you from being at the dealer for 6 months.

[Tideland Prius]

Originally Posted by TTercel

Does a longer warranty suggest a vehicle is reliable, does it grab a customers attention into buying a automakers car because it hasa long warranty? I dont think so.

Yeah.. take a look at Mitsu Canada. They're offering the longest bumper-to-bumper warranty and even opened another new dealership here but I don't see very many Mitsubishis =(.

[denvertaco07]

Originally Posted by CLIFFJONES

Thanks, but no thanks. I already have one and it dont stop you from being at the dealer for 6 months.

sorry bout your bad luck with toyota...maybe their's a forum for those who just want to complain. good luck

[camryvibe]

Originally Posted by denvertaco07

sorry bout your bad luck with toyota...maybe their's a forum for those who just want to complain. good luck

I prefer a single forum that encourages subscribers to share both their good and bad experiences with Toyota products.

As to extended warranties, I agree with several previous posters that they probably wouldn't make sense at this time for Toyota. Despite some recent slips, there is still a strong public perception that Toyota quality is at or near the top in the industry and therefore potential buyers aren't likely to need the reassurance of an extended warranty period. OTOH, such warranties are also not a good choice for a manufacturer with a poor quality product since any additional profits from sales would be more than made up for in costs of added warranty claims.

The best case for extending the warranty period would be for a manufacturer who has had a mediocre past record of quality but has recently turned things around. Extending the warranty is then a tangible indication to the potential buyer that the manufacturer has increased confidence in the product. If there are lots of buyers who like the product but might otherwise be reluctant to purchase it because of past reliability concerns then the extended warranty can be the deciding factor. Of course for this strategy to work the manufacturer should make sure that they really have improved the reliability.

[CLIFFJONES]

Originally Posted by denvertaco07

sorry bout your bad luck with toyota...maybe their's a forum for those who just want to complain. good luck

You think I am the only one complaining about Toyota? The way I see it you have to take the good with the bad.

[Corona67]

Originally Posted by camryvibe

The best case for extending the warranty period would be for a manufacturer who has had a mediocre past record of quality but has recently turned things around. Extending the warranty is then a tangible indication to the potential buyer that the manufacturer has increased confidence in the product. If there are lots of buyers who like the product but might otherwise be reluctant to purchase it because of past reliability concerns then the extended warranty can be the deciding factor. Of course for this strategy to work the manufacturer should make sure that they really have improved the reliability.

Precisely! This is exactly what Hyundai is doing, and is undoubtedly why Toyota considers them to be Threat #1

C