no, it's not pro-rated but I'd just only it for something major, say over $1000 anyway - my choice whether to submit a claim for any repair

small things wouldn't add up and not be worth it

 

mine was Toyota Certified Used Car which means they throw in 100k extended warranty for free. I would get the warranty as long as you're not going to mess with the suspension and do many mods on ur truck.

 

I bought the same warranty for my '91 back in '93 when it was called Toyota Extra Care. I spent $685 for it and it was money well spent for me!!!!

Eventhough it is a Toyota, things can and do go wrong with it. I typically ended up using the Warranty to have things that the Dealer messed up fixed. In fact as I approached the 100k mark, Toyota asked my Dealership if I was using the Runner as a work truck because of all of the claims against it. I didn't know this until later but the Dealer would mess things up when working on my truck and then charge Extra Care to fix it to defray their costs. Besides those Extra things (now I see why Toyota changed the name from Extra Care to Extended Care ) for which the Dealer charged them, I legitimately had a leak in the A/C fixed, a leaky water pump replaced, a faulty Steering pump and pulley replaced, and work done on the injectors, O2 senors replaced, and some other things that I can't remember. I think that the steering pump itself covered the cost of the Extra Care warranty and everything else was paid for by the Warranty and not out of my pocket....so I felt that it was worth it. When I buy another Toyota, I'll buy a Toyota extended warranty and smile for the next 7 years and 100k miles.

You did the right thing.

David

 

David:

It is still called Toyota Extra Care.

Thanks for your input, it makes me feel I did the right thing. I know it is still a Toyota, but you never know!

Peter

 

I think you did the right thing by getting the warranty. An extended warranty is just like insurance...

Better to have it and not need it...than need it and not have it!

my 0.02



Brian

 

After having my Taco for 9 monthes I'm real happy I got the extended platinium. If the first 15,000 miles are any indicator I wish I could have got a 200,000 mile waranty. This is my first toyota and probably my last. I should have bought another Ranger. I personally think you did the right thing. My $0.02

 

If you want an intelligent $0.02 the answer is this... insurance more often than not does not pay for itself. It is not financially smart.

When you buy insurance, you are basically buying peace of mind, and paying a hefty premium at that. Unless you somehow know that you are more prone to mechanical breakdown than the average, then by all means get the insurance, just don't let the insurance company know

But purely hypothetically speaking, the chances are against you of even breaking even on the cost of the warranty. Most auto repairs, even in the catastrophic category are well within the cash reserve of a properly managed household, hence why most financial advisors would sway you from purchasing extended auto warranties.

(The fine print probably also advises against regular maintenence anywhere but the dealer, so anything DIY potentially could be a deal breaker in a sense)