Time To Renew My Extended Warranty Again...

[bluenose1940]

It's that time of the year again!

I renewed my warranty with Lexus Stockport this time last year. I paid £414.00 for it which included roadside recovery for myself and wifey in any car that we were travelling. I made use of the warranty by having some replacement brake callipers and so it did come in useful. There was a maximum claim of £2000.00 on this warranty.

When I made an enquiry this year, I was told that that particular warranty is no longer available. This year they are offering what they call a "Two for One" option at £795.00 payable at £79.00 per month over 10 months. You get two years cover (for the price of one) and it includes the usual roadside recovery and, any claim can be up to the value of the car. I checked with my local dealer and their offer is identical.

Unless I can find something cheaper with Lexus, I intend to shop around for an independent quote as I intend to change my car in the not-too-distant future. I could I suppose put my sale price up to include the remainder of the two year warranty (it costs £25 to transfer it to the new owner) or, I could take my chances and not bother to renew.

Anyone come across any cheaper options at the moment?

[toffee_pie]

do you really need a warranty, my car is 08 and getting a warranty has never even entered my head tbh.

[PhilipK]

My car is also an 08, and buying 3 years' warranty (one year came with the car and I extended it by another two) was the very first thing that I did.

[Ishaq]

I don't think its a bad idea considering how expensive and dealer only part there are. Also you had the use previously with the calipers and now would have cost you a couple of hundred pounds.

The two year deal comes with free MOT I think?

[bluenose1940]

Yes the warranty comes with free MOT's, free puncture repairs, free wash any time that you want to take the car in, also 15% discount on other bits and bobs.

[toffee_pie]

they are at the other end of town for me in Southampton, can never see myself making trips there with the traffic here.

[Ishaq]

So what if at MOT you need things like ball joints or stabiliser links..would the warranty cover such repairs.

[toffee_pie]

nope, wear and tear

[gji25]

lexus Southampton are doing the 2 year warranty cover for the price of 1 year for a is250 for £495

[finchy40]

Just checked with Southampton. £795 as per the others. Still a good deal though, especially if you've got a high mileage.

[gji25]

phone them again and ask to speak with dennise

[Bingo123]

quick questions about Warranty :

1. will it be a Lexus Warranty or Dealer local warranty? so that its applicable all over UK Lexus dealers.

2. y Lexus warranty expires after 6 months, can i buy in advance if there is any good deal

thanks

[PhilipK]

1. It should be applicable at any Lexus dealer.

2. Yes, you can buy in advance. I bought a second-hand IS250 in July (which came with1 years' warranty) and I paid for an extra 2 years so that I have 3 years' warranty on my car.

[Bingo123]

Thanks Philip

[bluenose1940]

Phoned Lexus Southampton today on 01489 666071 and they don't have anyone there called Dennise nor anyone called Dennis either.

I am waiting for a call back from them as they were all busy when I called. I can't imagine that I will get the deal mentioned earlier (in post #9) as they are part of the Snows Group, which is the same group as Lexus Exeter.

I'll see what they have to say when they call me back though and I'll keep you informed.

Edit: Southampton just called back. Price is the same as the other branches at £795 for 2 years.

It is the CT that is priced at £495.

So, that's that then. Do I do it and class it as an added extra for whoever buys my car or, do I take my chances and not have any cover for the period between now and when I part with my car, which will probably be in the early part of next year.

[Ishaq]

https://www.kwik-fitinsurance.com/WarrantyBOL/

Here's the link if anyone wants to take out the warranty - £139 for the year.