Discounted Toyota Prius Extended Warranty /Service Contracts

[Wayne]

Originally Posted by KAR IDEA

TFS told me the refund will be pro-rated and applied to the principal left on the car

Yea, I don't know why they take the liberty of interjecting themselves into something that should be none of their business, but if you owe money on your car, they will NOT give you the refund -- they will give it to your bank. Maybe that's not a big deal to most people, but I too just bought the wrong agreement (see above), and I wanted the money back to buy the new agreement. They said tough luck if I still owe money on my car. Luckily mine was paid off, so I got the refund $$.

They also wanted to charge me $25 for the refund, which Troy managed to get waived, as I was buying a new agreement (or because I misunderstood the original terms, not sure which). Both the refund and the new agreement are still in process -- we'll see how it goes.

Going from the 7/100/0 Plat to the 7/75/0 Plat saved me around $300. Since it really is only 4-years of additional coverage (not 7), the lower mileage made more sense for me. Getting $300 back for mileage I will never use was nice.

Originally Posted by KAR IDEA

The car has a little over 22k on it now. We do a lot of driving. Once we get close to 36k, I am probably going to explore re-purchasing a 6/100k VSA from Troy for the discounted price.

Now I am having some reservations about my decision, was this a wise thing to do?

In your case, it looks like you will have about 88,000 miles on the car after 3 years -- so 6/100 will probably be the best fit, and will get you coverage past 36,000 miles. You will save money over the original inflated agreement, and the reduction of the plan by a year. I'd say it was a good choice.

Understand that because of the mileage you will be putting on the car, you will most likely only get an additional 4 or 5 months of protection beyond the 3 years... Not 6 years total. Of course you are probably going for miles, not years, and you will still be saving money!

[tundradreams]

Cancelling your VSA will not affect your monthly payments. It is just like you paid a principal amount on the loan, and it will only affect the time the vehicle loan will be paid in full.

As far as if it was a good decision, keep in mind that VSA's are basically a insurance policy, and their price reflects the amount of repairs that need or have been done on those types of vehicles. Typically your Toyota's are pretty steady, but prices can rise over the years, and the difference may not be what you originally expected when you purchase another one.

[screaming_piha]

So, I also bought the extended warranty when we bought the car (a little over a month ago). The dealer charged me $1595. The question I have is: my warranty is for 8 years or 100,000 miles. Should I get my refund and get the special deal here, or would the extra year potentially be worth the extra $600? I hate to have paid so much for it, but we don't drive high mileage, so I'm pretty sure we will have the total number of years be the limiting factor, and it seems like it might cost us more than $600 during that last year. Any thoughts? Thanks for your help!

[tundradreams]

If you have a 8 yr VSA, it does not sound like a Toyota VSA. Toyota only offers a 7 yr/100k platinum for their VSAs. If it is a third party VSA, cancel now! I have not seen many pleasant experiences with these.

[murderedoutrides]

It looks like pretty cheap.Is there any new Toyota model introduced into market.Can anyone share it.

[msmit002]

Hello!

Anyone having trouble getting a quote from these folks? I sent a request two days ago and I have not heard anything. The website (Warranty Shack) has no contact information (which makes me nervous) so I have no way of finding out what's going on. Since I just hit 33K, I'm amazingly motivated...

Any advice?

[northrk]

Same Here

[noname87]

I found Troy very responsive. This is his contact info that he put in his quote to me.

Toyota of Greenfield
12 Olive Street
Greenfield, MA 01301

Troy Dietrich
TDietrich@FactoryDiscountWarranty.com

Phone - (413) 772-0231 (Dealership)
Phone - (413) 772-0989 (My direct line).
Fax - (413) 774-2247

[ELdriftwood]

Has any one else had a problem with getting a response from the Warranty Shack?

[msmit002]

I just called and left a message. Keeping my fingers crossed.

If course, it's my fault for waiting so long....