Toyota Nation Forum banner

1 - 12 of 12 Posts

·
Registered
Joined
·
23 Posts
Discussion Starter · #1 ·
I prchased my new 2010 highlander hybrid today and receive it tomorrow with all requested options installed.

The finance guy threw in a bunch of options and I wasnt sure which ones would really worth it -

1.Premium extended warranty 8r/125K miles - $2100
2.Extended maintenance plan - $450
3.Windshield warranty- 5yr - $500
4.Tire & Wheel Protection - 5yr - $500

I am getting the 8yr extended warranty online (internet). What do you guys think about 2, 3 and 4?

Thanks,

Dodz
 

·
Francois L'Ollonais
Joined
·
297 Posts
3. if you are financing, the windshield is covered by Comprehensive. Correct me if I am wrong.

4. Wheel only if damaged by road or debris. Curve marks are not covered.

My thing is that they ask you to make these decisions at closing. You have no time to think or evaluate what you really need. They get kick backs on what you accept.
 

·
Registered
Joined
·
23 Posts
Discussion Starter · #3 ·
3. if you are financing, the windshield is covered by Comprehensive. Correct me if I am wrong.

4. Wheel only if damaged by road or debris. Curve marks are not covered.
.
#3 - you are correct. But we already have a 500 deductible on the insurance and moreover one claim and the annual premium will go up :)

#4 - the wheel plan seems crappy then..thank you.

I got a quote for the 8yr/125K mi warranty for $1600 so I think I'll take it and the prepaid maintenance plan at $450 that covered free services until 45K including major services seems resonable.

No they gave me time until day after to add these plans...lets see.

thanks again
 

·
Premium Member
2008 Highlander Base
Joined
·
35,703 Posts
Way, way overpriced on the warranty. Go to the Extended Warranty Information Sticky thread located at the top of the Highlander Hybrid forum main page. It'll provide you with a few of the highest rated and most used issuers of extended warranties that TNers use. Neil Hull is probably the most highly recommended. Give him a call and get a quote.
 

·
Registered
Joined
·
23 Posts
Discussion Starter · #5 ·
Way, way overpriced on the warranty. Go to the Extended Warranty Information Sticky thread located at the top of the Highlander Hybrid forum main page. It'll provide you with a few of the highest rated and most used issuers of extended warranties that TNers use. Neil Hull is probably the most highly recommended. Give him a call and get a quote.
I got another quote for 1565, which is the lowest now. I shd hear back from Moller (Neil no longer works here I believe) tomorrow..Let's see.

thank you.
 

·
Premium Member
2008 Highlander Base
Joined
·
35,703 Posts
If you get confirmation that Neil no longer works there let me know and I'll take him off the list, but he's been reported missing a couple of times and keeps showing up again.....:lol: Let us know how you do....:thumbsup:
 

·
Registered
Joined
·
23 Posts
Discussion Starter · #7 ·
I believe Neil and Joe are both not available. Some one named Dan is around but was busy. The best rate I have is $1,564.00 and the dealer cost from the sticky guideline on this forum (spreadsheet) is $1,465.00. So that's a $99 markup.

Should be a decent buy, right?


 

·
Premium Member
2008 Highlander Base
Joined
·
35,703 Posts
I had a brain fart and forgot about Jerry Johnson who is also highly recommended by members. Here's a link to a Venza forum member's comment yesterday regarding Jerry:

http://www.toyotanation.com/forum/showpost.php?p=3328865&postcount=175

Information about how to contact Jerry is included in this forum's extended warranty sticky thread. :thumbsup:
 
G

·
#3 - you are correct. But we already have a 500 deductible on the insurance and moreover one claim and the annual premium will go up :)

#4 - the wheel plan seems crappy then..thank you.

I got a quote for the 8yr/125K mi warranty for $1600 so I think I'll take it and the prepaid maintenance plan at $450 that covered free services until 45K including major services seems resonable.

No they gave me time until day after to add these plans...lets see.

thanks again
For Item #3 see what the cost of lowering you comprehensive deductible down from $500 to zero is. If it is less that $100 per year then I would go that route. For me the difference was only about $40-$50 a year. Also claims against comprehensive coverage should not raise your premium. I usually have to replace or repair a windshield on one of our cars at least every couple of years and my premiums have never increase. I believe premiums can only be increased for an "at fault" accident. To be honest I would stay away from all of these. Dealers don't offer them unless they are a money maker. Don't forget to add in the interest costs over the life of the loan for these offers before assuming they are a good deal.
 

·
Registered
Joined
·
23 Posts
Discussion Starter · #10 ·
Don't forget to add in the interest costs over the life of the loan for these offers before assuming they are a good deal.

Excellent point, thank you. :) I've rejected all of it. Taking the extended Care and Maintenance Plan.
 

·
Registered
Joined
·
23 Posts
Discussion Starter · #11 ·
Thanks

Information about how to contact Jerry is included in this forum's extended warranty sticky thread. :thumbsup:
the rate $1,564.00 I got was from Jerry :). The highlander is a T5 class and the Venza is a T3 class, so that makes sense. Seems like a very good rate as against the dealer's $2100 :D :D


Thank you so very much!
 

·
Premium Member
2008 Highlander Base
Joined
·
35,703 Posts
Got to agree. When I saw that $2,100 quote I almost had a coronary....:lol: Glad to see you've gotten lower numbers on the warranty. :thumbsup:
 
1 - 12 of 12 Posts
Top