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Anyone willing to share what they paid for the extended warranty. Purchasing a 2022 Camry XSE AWD. I know they prob differ by trim levels and awd vs fwd but looking to see the general price range...or if someone has info to a dealer if they purchased one online
 

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man I cant believe I deleted the info..

A dealer was willing to sell them over the phone and IIRC I was looking at 7/125k for $1500?

Does anyone out there have the PM I sent with the prices???
 

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16' Camry SE & 18' Camry XSE
18 & 20 XSE Camry
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I paid 1300 for 7yr 125k gold for my 2018 XSE but not AWD about 8 months ago. I bought online but some people mentioned that toyota no longer allows purchase of extended warranty from out of state. Supposedly they will not honor it. However I was not able to find this info. I should probably call Toyota and ask directly.

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I've ready that some (shady?) dealers will sell extended warranties on the cheap online knowing that they get the money butt will never see the car to have it come back to bite them. I'm sure as soon as Toyota caught on to this they closed the loophole.
 

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Well um, when you sell a warranty backed by Toyota, it comes back to bite Toyota. Not you.

So the real thing here is the obscene markup they are trying to take in the F&I office. I was offered the extended warranty for 2500 and immediately upon refusal he went down 20% to 2000...wow

And the online cutrate dealer wanted half of that. There's alot of markup there and Toyota has to protect that revenue stream for the 'normal' dealer.

Thats the real shade here
 

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Just like sales managers and salespeople are paid based off of gross profit in the vehicles and their bonus’ are usually based off of number of units they move, Business Managers, i.e., F&I Managers, are paid off of how much backend money they can make and their longevity can be shortened by lack of penetration. The primary reason why they all hate cash deals!

The main thing to remember is just like with a salesperson, everything that comes out of their mouths is negotiable. From interest rates to gap coverage to money factor rates to extended warranties, etc, etc is all negotiable. You really need to determine if you really need an extended warranty or any other type of add on fees before signing on the dotted line. Toyota/Lexus are the two brands I feel most comfortable passing on any add ons. I’ve owned many of both brands and except for the occasional recall they have never been in a shop other 5han for routine service when needed.
 
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Contact Jenn at Wolverine Toyota in MI. Google her info. I'm a 2018 Camry owner and just bought a 2022 Highlander. Called Jenn and basically got a 10 year/125k Toyota $0 deductible platinum warranty for 40% less than my local dealer wanted. It was super easy. And to boot, I can go to any Toyota dealership. My dealer sold me a third party one that only let me go local for the $0 deductible.

Jennifer Taylor
Wolverine Toyota
16490 Tecumseh, Dundee, MI 48131
734-242-3900
[email protected]
 

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Contact Jenn at Wolverine Toyota in MI. Google her info. I'm a 2018 Camry owner and just bought a 2022 Highlander. Called Jenn and basically got a 10 year/125k Toyota $0 deductible platinum warranty for 40% less than my local dealer wanted. It was super easy. And to boot, I can go to any Toyota dealership. My dealer sold me a third party one that only let me go local for the $0 deductible.

Jennifer Taylor
Wolverine Toyota
16490 Tecumseh, Dundee, MI 48131
734-242-3900
[email protected]
how long does she typically take to reply? I contacted her some time back & have not heard back from her - just wondering if she's still in this role?
 

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how long does she typically take to reply? I contacted her some time back & have not heard back from her - just wondering if she's still in this role?
Weird, she was super quick with me. I emailed her, then she called and took my credit card. All happened within a few hours.
Honestly I'd just call the dealership and ask for her. Despite the extra legwork needed, it's worth it in my opinion. If she doesn't pan out there are a few other dealerships who offer similar rates that you can find through here or the toyota subreddit.
 

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Weird, she was super quick with me. I emailed her, then she called and took my credit card. All happened within a few hours.
Honestly I'd just call the dealership and ask for her. Despite the extra legwork needed, it's worth it in my opinion. If she doesn't pan out there are a few other dealerships who offer similar rates that you can find through here or the toyota subreddit.
Thanks. I sent a follow-up email and will wait another day to see if she responds before calling.
 

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Consumer Reports state that an extended warranty is a waste of money. Especially on a Toyota. High markup which goes to make the salesperson's boat payment.
Never bought one and never needed one.....
 

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Consumer Reports state that an extended warranty is a waste of money. Especially on a Toyota. High markup which goes to make the salesperson's boat payment.
Sales manager's boat payment, because the working-level folks don't get rich ;)

Extended warranty is basically an insurance product, which means on average you lose money; Toyota has an army of analysts working to make sure that happens. Extended warranty still could make sense the same way health insurance or home insurance make sense. If the ECM fries or the differential grenades after the powertrain warranty expires (however unlikely), can your finances absorb a sudden $3000 repair bill? If you can, then avoid the extended warranty.
 

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Extended warranty is basically an insurance product, which means on average you lose money; Toyota has an army of analysts working to make sure that happens. Extended warranty still could make sense the same way health insurance or home insurance make sense. If the ECM fries or the differential grenades after the powertrain warranty expires (however unlikely), can your finances absorb a sudden $3000 repair bill? If you can, then avoid the extended warranty.
This is the right answer.

The average warranty purchaser probably loses money, but for some people it can seriously pay off.

There's also the peace of mind, which is hard to put a price on.
 
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