Toyota vehicles are made to last and are widely known to be some of the most reliable cars on the road. So you may wonder if purchasing a Toyota extended warranty is worth the investment. A Toyota extended warranty is optional and has several different coverage levels to explore. Let’s take an in-depth look at what a Toyota extended warranty offers.
Toyota Extended Warranty Coverage
Toyota extended warranties are also known as protection plans or Toyota vehicle service agreements (VSAs). You can choose from three different levels with varying coverage if you purchase a Toyota extended warranty. These levels consist of Powertrain Protection, Gold Protection, and Platinum Protection. The most common features of Toyota VSAs are:
- New Toyotas are eligible for a VSA up to three years or 36,000 miles
- You can add a VSA to a used Toyota only at the time of purchase
- All Toyota VSAs include trip rental car reimbursement, roadside assistance, and trip interruption
- You can choose your deductible, $0 or $100
A new Toyota is eligible for these options as long as you are within three years and 36,000 miles of your vehicle term. A used Toyota must be within the last 10 years of the model with less than 150,000 miles, and the warranty is purchased at the time of the sale.
If you can’t afford to purchase a Toyota extended warranty, Toyota will allow you to finance the cost. Though this is a convenient option for added protection to cover your vehicle, keep in mind that you will be paying interest on the additional warranty cost. These warranties range from basic to full coverage of critical components, parts, and labor.
Powertrain Protection
Toyota’s most basic extended warranty is Powertrain Protection. This protection’s primary purpose is to cover your Toyota’s powertrain after the factory warranty expires. Powertrain components this protection covers for standard and hybrid vehicles include:
- Standard:
- Engine
- Transmission
- Drivetrain
- Hybrid:
- Generator
- Motor
- Transmission input damper assemblies
When you purchase a new Toyota and purchase the Powertrain Protection Warranty, you have additional coverage, including:
- Coverage for six years or 100,000 total miles
- 24/7 roadside assistance
- Reimbursements for covered meals, lodging, and vehicle rentals
- Access to the nationwide Toyota service network
Powertrain Protection for a used Toyota offers the same perks as a new Toyota, shown above, except for year and mileage. Used Toyotas are only covered for two years or 24,000 total miles.
Gold Protection
Toyota’s midrange extended warranty is Gold Protection. Once your factory warranty expires this warranty includes everything the Powertrain Protection plan covers, with the addition of:
- Suspension
- Fuel
- Air conditioning/heating
- Electrical
- Additional hybrid components
- Steering
- Cooling
- Brakes
- High-tech equipment
When you choose the Gold Protection plan for a new Toyota, you will get:
- Coverage from three years or 50,000 total miles to eight years or 125,000 total miles, depending on the model
- 24/7 roadside assistance
- Reimbursement for covered meals, lodging, and vehicle rentals
- Access to the nationwide Toyota service network
Gold Protection for a used Toyota offers the same perks as a new Toyota, shown above, except for the duration and mileage. Used Toyotas are only covered between one year or 12,000 miles to five years or 60,000 miles.
Platinum Protection
The highest Toyota extended warranty covers everything Powertrain Protection and Gold Protection protects, as well as the majority of your Toyota’s systems once your standard warranty expires. It is especially beneficial for your vehicle’s high-tech electrical components.
Platinum Protection for a new Toyota offers:
- Coverage ranging from three years or 50,000 total miles to eight years or 125,000 total miles
- 24/7 roadside assistance
- Reimbursement for covered meals, lodging, and vehicle rentals
- Access to the nationwide Toyota service network
Platinum Protection for a used Toyota offers the same perks as a new Toyota, shown above, except for year and mileage. Used Toyota’s are only covered from one year or 12,000 miles to five years or 60,000 miles.
24/7 Roadside Assistance
You may never know when roadside assistance will come in handy, but it is included in all three levels of the Toyota extended warranties. Roadside assistance can be a lifesaver when you have an unexpected event that leaves you stranded on the side of the road. Toyota’s 24/7 roadside assistance can help in situations such as:
- Towing
- Lockout service
- Jump-starts
- Fuel delivery
- Flat-tire service
With 24/7 roadside assistance, you can rest assured that you will get the assistance you need.
Trip Interruption Reimbursement
When you go on a trip, you rely on your vehicle’s ability to get you there and back without interruption. It can be expensive to cover additional costs such as meals and lodging you weren’t planning on when you experience car trouble while on a trip. Trip reimbursement is included in all three Toyota extended warranty levels. Powertrain Protection offers $50 per day for up to four days. Gold Protection and Platinum Protection offer $100 per day for up to five days. Trip interruption reimbursement only covers when you are more than 150 miles away from home.
Rental Car Coverage
If you are experiencing car troubles that are covered under your Toyota extended warranty, you are eligible for rental car coverage. Powertrain Protection provides $35 per day for up to five days during each breakdown. Gold Protection and Platinum Protection provide $50 per day during a breakdown for up to five days. Access to a rental vehicle will help keep you on the road while your Toyota is in the shop.
Toyota Extended Warranty Exclusions
Even though Toyota extended warranties have many advantages, there are a few exclusions you will need to be aware of. Most importantly, these warranties require that all repairs be performed at a Toyota dealership. No matter if you choose the basic Powertrain Protection or opt for the Platinum Protection, there are a few more exclusions to make a note of:
- Wear and tear
- Environmental damage
- Standard and hybrid batteries
- Corrosion damage
- Maintenance and related parts
- Cosmetic parts
- Damage from lack of maintenance or misuse
Cost of Toyota Extended Warranties
Toyota extended warranties require an additional purchase. They can range from $1,000 to $1,500, according to MarketWatch. The total cost of one of these extended warranties depends on your coverage level. You will need to check with your Toyota dealer for exact extended warranty costs on the specific Toyota vehicle you are interested in.
Purchasing a Toyota extended warranty will help when you have covered repair costs, need roadside assistance, or experience a breakdown while out of town. In addition, investing in a Toyota extended warranty will give you more peace of mind that your already reliable Toyota vehicle will last for many years.
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