Trading in my dream car for a Toyota hybrid for longevity, lower maintenance costs, and lower insurance costs.
Putting together the final paperwork when the warranty packages are introduced.
I decline all but the manager insists on one of them alone specifically covering electronics (and everything else for 10 years). He says that the newer Toyota’s electronics are expensive to replace and commonly malfunction or break. I figured this is just pushing warranty, but he got to me mentally and broke my confidence in the brand.
Was this guy just trying to get me to spend more money, or is there truth in his tale?
How much is their wrap warranty and how long do you intend to keep the car?
10-15 years
The electronic/comprehensive warranty wrap at my store cost up to like 2000 to get depending on the car, extending the comprehensive warranty to the length of the powertrain warranty, which our deal is double powertrain warranty, so 10 years 120k miles.
The electronics don’t break often, other than the entune touch screen between 14??? And 17, if I am not mistaken, but I have had to replace the head units on Toyotas before, always seeming to be 2 weeks out of the warranty and our wholesale cost ranged between 1300-4000. The most expensive headlight I’ve had to replace I got USED and it was $900 on a prius prime.
Most warranties and service contracts offered by dealers are fluff, for sure, but the warranty wraps that extend the comprehensive warranty to the length of the power train warranty are really worth looking into.
That is the one warranty I recommend to everyone of my closest friends to at least consider. It typically isn’t very expensive but it’s worth it’s cost in other advantages.
And you also need to consider the cost of the warranty to the cost of the vehicle. If it’s 10% or less the purchase price of the car I am buying, again… I really think it’s worth considering.