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Extended Warranty

Discussion in '3rd Gen Tundras (2014+)' started by rds95991, Sep 11, 2019 at 6:41 PM.

  1. Sep 11, 2019 at 6:41 PM
    #1
    rds95991

    rds95991 [OP] New Member

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    I have a 2018 CM SR5 TRD Off Road with 11,000 miles so I've been putting around 700 mile/month on it. I just use it for trips. But I plan to buy and start hauling a travel trailer for trips and thinking about getting the extended platinum warranty. These are the plans and prices I was quoted.

    10yr 100k miles $2045.00
    9 yr 100k miles $1935.00
    8 yr 100k miles $1755.00

    10yr 125k miles $2570.00

    These are the platinum plans with no deductible.

    Is this plan set in concrete or are there other dealers who can offer the same plan for less? BTW, I am in northern California.

    I'm sure this has probably been discussed before.

    Thank you in advance.
     
  2. Sep 11, 2019 at 6:43 PM
    #2
    TomyTun

    TomyTun New Member

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    None
  3. Sep 11, 2019 at 7:33 PM
    #3
    Blueknights75

    Blueknights75 WHITE is the FASTEST color!!!!!

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    Raleigh, NC
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    Rugged 2 tri fold tonneau cover, spray in bed liner, bed extender, window tint, color matched side mirrors, color matched door handles, TRD Pro shift knob, tailgate keyfob actuator, ESP under seat storage unit mod, blacked out emblems, Toyota OEM black exhaust tip, color matched front and rear bumper caps from Sparks Parts, TRD Air filter, 19’ PRO BBS wheels...more to come
    There is an individual that many members here have used and supposedly her prices on extended Toyota warranties can’t be beat. I am sure someone will chime in or you can utilize the search function in this forum.

    I would never purchase one but that’s just me...
     
  4. Sep 11, 2019 at 7:36 PM
    #4
    TundraMcGov.

    TundraMcGov. Your friend. Your foe. Not yo Ho.

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    Burpinham, Babalama
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    7 new Toyotas in my life. Never once bought an extended warranty. Never once wish I had.
     
  5. Sep 11, 2019 at 10:27 PM
    #5
    Migraine

    Migraine Who says life needs to be simple.

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    Many... will update later.
    I sent him the contact. I am not a fan of the EW, however, the other half is.
     
  6. Sep 11, 2019 at 10:39 PM
    #6
    rds95991

    rds95991 [OP] New Member

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    This is my 14th. Just sold my 2000 Avalon and 96 4Runner. I tend to keep them forever and have only had the usual like brakes, alternator, and the occasional starter, nothing really big. But seeing all the electronics and such, it doesn’t take much to burn through a thousand dollars. And if I decide to trade up to 3/4 or 1 ton could help my resale value. It all depends on the cost/benefit. Another thing to consider is I’m not driving a lot of miles so any problems will probably not show until after my truck is out of warranty.
     
    Last edited: Sep 11, 2019 at 11:48 PM
  7. Sep 11, 2019 at 10:40 PM
    #7
    AZTundra

    AZTundra No Longer a New Member

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    Phoenix, AZ
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    TRD Goodies (Pro Suspension, Pro Grille, Exhaust, CAI, Rear Sway Bar, Oil Cap). Weather Tech Floormats, BakFlip MX4, Spray In Bedliner, AMP Research Bed Extender and Bed Step, Side Steps, B&W Adjustable Drop Hitch, AJT Designs Battery Hold Down.
    I bought mine from him and will also be getting my daughter's through him as well. His prices can't be beat.
     
  8. Sep 13, 2019 at 9:09 PM
    #8
    rds95991

    rds95991 [OP] New Member

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    I got the quote and it is much cheaper than my local dealers.

    Again my logic into researching the buying of an extended warranty is that I drive so few miles that any problems encountered on a vehicle driven the normal 12 to 18,000 miles per year would not be encountered in my case until after the expiration of the factory warranty. I've had it almost 18 months and only have 11,000 miles on it. It's primarily my trip vehicle vs a daily driver. I also plan to start pulling a travel trailer when I do go on trips so that puts more of a strain on the truck than straight driving. Also if I have to upgrade to a 3/4 or 1 ton, this would help the resale value.
     
  9. Sep 14, 2019 at 2:26 AM
    #9
    Kerch71

    Kerch71 DUNE RNR

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    Mechanicsville VA
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    2015 CM SC TRD Pro/ICON/Total Chaos Build
    CM TRD Pro glass panels, Icon 2.5, TC long travel UCA/LCA, Toyota supercharger, Airlift rear suspension, Warn winch, custom front and rear bumper, Coachbuilder roof rack, lengthened chassis 12", 37" Nitto Grapplers, custom graphics, Magnaflow Flowmaster 4" SS Exhaust
    EWs are a waste of money that could be better spent on maintenance and mods.
     
    Midway and Cpl_Punishment like this.
  10. Sep 14, 2019 at 4:43 AM
    #10
    TundraMcGov.

    TundraMcGov. Your friend. Your foe. Not yo Ho.

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    Gentle reminder. Warranties (in whatever size, shape or color they come in) are only as good as you can effect a successful warranty claim. For that you MUST READ every last word of the extended warranty contract you sign. Every word. And understand every word. Before you "buy" know what the hell you're buying.
     
  11. Sep 14, 2019 at 5:26 AM
    #11
    AzureNightmare

    AzureNightmare F.N.G. (F*cks Not Given)

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    Super super true. You can't ask whoever is selling it to you, because warning you off their product takes money out of their wallet. Make sure you know the terms, who the warranty is through, and where the warranty work is valid. You've got to read over all the documents.

    I bought an extended warranty once (mopar so I had reason too) and was told "It covers anything that goes wrong. Doesn't cost you anything to get it fixed. Just take it in to any Dodge dealer and they will fix it for free." I specifically asked if the radio was covered, "Yes it is. Electrical, power train, it's a complete bumper to bumper." Found out years later the stereo wasn't covered, and when the steering rack needed to be replaced there was a $500 deductible. Read. Read. Read.
     
    ColoradoTJ likes this.
  12. Sep 14, 2019 at 6:14 AM
    #12
    ColoradoTJ

    ColoradoTJ jberry813fanclub.com Staff Member

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    Chris
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    Fuzzy Mirror Dice
    I will swing the other way on this thread. I purchased a 2012 CM Tundra SR5 with 4004 miles in early 2013. Since this qualified as a CPO vehicle, the warranty was 5/100 miles. Glad I had the warranty.

    Just remember these little things that can go wrong:

    -AIP system. I’ve heard as much as 3200.00 to replace. If I had another Tundra right now, the bypass kit would be installed.

    -Front Differential, drivers side axle shaft guide needle bearing. This has been improved over the second gens, but still a failure point. Either you install the ECGS bushing yourself 190.00, Toyota will install it without a warranty (but highly recommends it) for around 600.00 labor plus parts, or you have the front differential replaced 2400.00. I was still under the CPO extended warranty...so a new differential was installed.

    -Cam tower leaks. Personally, I do think this is blown out of proportion, but there are some legit ones that need replaced. 4000.00 to do both cam tower seals. This issue will most likely happen to some degree. Mine were weeping a bit at 89k miles when I sold mine. It was so minimal that it wasn’t a concern.

    Now Toyota has introduced a nice thing called Toyota safety sense (TSS) and I can imagine this is cheap to work on.

    These are just the common issues.
     
    AzureNightmare likes this.
  13. Sep 14, 2019 at 6:23 AM
    #13
    LT75

    LT75 Seasoned Pro

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    No mods yet
    Some of us have had a lot of PCS issues. Toyota spent $10k to repair my truck before they bought it back from me. So what happens when those PCS issues pop up when your out of warranty? I’m still debating on whether to get one for my Pro replacement.

    Can someone pm me his information?
     
  14. Sep 14, 2019 at 11:31 AM
    #14
    AZTundra

    AZTundra No Longer a New Member

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    TRD Goodies (Pro Suspension, Pro Grille, Exhaust, CAI, Rear Sway Bar, Oil Cap). Weather Tech Floormats, BakFlip MX4, Spray In Bedliner, AMP Research Bed Extender and Bed Step, Side Steps, B&W Adjustable Drop Hitch, AJT Designs Battery Hold Down.
    PM coming your way.
     
  15. Sep 14, 2019 at 5:31 PM
    #15
    Craig

    Craig New Member

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    Bought the EW but would like to shop for a lower price if possible. Can I get the name please?
     
  16. Sep 14, 2019 at 6:42 PM
    #16
    BravoDeltaRomeo

    BravoDeltaRomeo New Member

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    MB Canada
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    If anyone has advice for EW in Canada, let me know.

    We don't normally buy, especially with Toyota but 4x4 and all the safety sensors worries me if they konk out
     
  17. Sep 14, 2019 at 7:43 PM
    #17
    rds95991

    rds95991 [OP] New Member

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    The Platinum Plan has a 0 deductible. Here is what it does not cover:

    [​IMG]
     
    Black Wolf likes this.
  18. Sep 14, 2019 at 8:48 PM
    #18
    Jmad1997

    Jmad1997 New Member

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    Just read through my EW through horizon. And I know exactly what is and is not covered and I would say I’m happy with it.
     
  19. Sep 15, 2019 at 12:40 PM
    #19
    KingsAustin

    KingsAustin New Member

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    BakFlip X2 with BakBox, Shorty Antenna, Lock'er Down Safe
    A recent transmission issue had me thinking about an EW. Fortunately for me, I was still within warranty. I received a copy of the receipt which showed $7,000 replacement costs. Wow! On the flip side, I once purchased an EW for the wife's Honda product. We never used it and 350,000 miles later it was still running like a champ with just plain maintenance. It is a coin toss for me. I guess it is like an insurance policy.
     
    rds95991 [OP] likes this.
  20. Sep 15, 2019 at 1:01 PM
    #20
    RLHOK

    RLHOK Keeper of the smoke.

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    Oklahoma, just like the musical, but no singing
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    No longer rolling stock baby....
    A female co worker is going thru a transmission issue in her pathfinder. Just out of warranty and the transmission went out
    Nissan said sorry not our problem
    It’s been in a local shop for 5 months still not repaired. It’s one after another. Repair bill is already over $5,000

    I told her to cut her losses sell it and move on

    Sometimes that extended warranty comes in handy but it is a roll of the dice.
     
  21. Sep 15, 2019 at 1:51 PM
    #21
    BigRedFireEngine

    BigRedFireEngine New Member

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    Having worked at a Toyota dealership, at a management level, please believe me when I tell you that extended warranties are PURE PROFIT for the store.

    Even if you do have an issue, any catastrophic problems (engine, trans) would happen during the regular warranty period.

    Walk away.
     
    Blueknights75 and Jmad1997 like this.
  22. Sep 15, 2019 at 3:54 PM
    #22
    TundraMcGov.

    TundraMcGov. Your friend. Your foe. Not yo Ho.

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    Nice inside perspective. Thanks!!!!
     
  23. Sep 15, 2019 at 4:06 PM
    #23
    RLHOK

    RLHOK Keeper of the smoke.

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    Oklahoma, just like the musical, but no singing
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    No longer rolling stock baby....
    So after the 60 month/60,000 mile powertrain warranty is up there are never any issues that will happen that could potentially be thousands of $$$$ to repair?
    I must say I admire that optimism.

    With most car loans going from 60-84 months in some cases as extended warranty may not be a bad idea IMO.

    Yes extended warranties are high margin for the dealer, they are for any retail type business, but they can be benifical to the purchaser. Its something you the buyer needs to look at for your situation and decide whats best for you.
     
    Black Wolf likes this.
  24. Sep 16, 2019 at 6:05 AM
    #24
    BigRedFireEngine

    BigRedFireEngine New Member

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    Extang Solid Fold 2.0 Trifold Tonneau, Go Rhino RB10 running boards, Kenwood DDX9905s
    For many cars, you’re absolutely right. For a Tundra, I believe it’s a horrid waste of money.

    But at the end of the day, if handing over a few extra grand off the top gives you or the OP peace of mind, go for it.

    But please read that contract carefully so you’re not disappointed down the road.
     
  25. Sep 16, 2019 at 6:20 AM
    #25
    glowblue

    glowblue New Member

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    You know - I used to think the same thing. I've driven mostly Chevy trucks over the years with no major issues. Before my current Tundra, I had a 2012 F-150 and bought an EW (I was suckered into it by the dealer which was my fault...), but ended up needing the warranty on a sunroof repair that basically paid for the EW.

    My brother has a 2011 Ram 1500 with the 5.7 Hemi - and has the dreaded lifter/cam shaft failure (after a little research its a common problem), and guess what? Needs a whole new engine because of the metal in the engine from the worn camshaft. He only had 95k miles on it...and no warranty. So he's out $6k for a new motor on a truck with less than 100k miles.

    When I bought my 2019 Tundra DC I adamantly told the dealer - why are you trying to talk me into a warranty so bad when Toyotas are known for their reliability?? I didn't get one from the dealer at the time. That was before I knew about the cam tower leak issues on Tundras. So I'll probably get an EW just in case for that before the factory warranty runs out.

    I realize EWs are pricey, but its piece of mind which for some is worth it. It like collision/comprehensive auto insurance coverage. You don't need it, and the only accident I've had was over 30 years ago (not my fault) and have paid tens of thousands of dollars in insurance premiums over those 30 or so years with no claim - but its there just in case.
     
    Last edited: Sep 16, 2019 at 6:27 AM
    Black Wolf and Kerch71 like this.
  26. Sep 16, 2019 at 7:02 AM
    #26
    PowerMan81

    PowerMan81 New Member

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    Not sure where you are in Northern California, but they went as low as 50% off when I bought my truck at Freeman in Santa Rosa.
     
  27. Sep 16, 2019 at 7:20 AM
    #27
    don3032

    don3032 New Member

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    3/2 lift TOYO 275/65/20 WEATHER TECH MATS center console safe undercover folding tonneu undercover swing cases
    My experience is a little different than most with extended warranty. I had a a previous tundra that put around 80000 mile on with 2-3 years with lot of back and forth highway driving. AFTER the warranty went out my entire AC system was replaced when the compressor shelled out. It was around 6000 in repair cost, it was an ass pain getting it all covered and took about a week or two but the dealership argued with the warranty company till they covered all repairs. In my case a 1500 dollar warranty saved me thousands. I picked up the truck when all repairs were done and traded it that night on a 2018, and the remainder of the warranty I was refunded a few hundred dollars.
     

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