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Bought my first Prius today - warranty question, please?

Discussion in 'Newbie Forum' started by Julia2001, Aug 12, 2011.

  1. Julia2001

    Julia2001 Member

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    new friends. :usa2:

    I bought a 2007 Prius today with 66,000 miles on the clock.

    I was offered a Toyota warranty (so-called "bumper to bumper) for $1800 to 100,000 miles.

    I wasn't sure about it so I asked for some time to consider it. I can go back and purchase it next week if I want it, so I am wondering how folks here feel about this.

    They were telling me, of course, that the Prius is a "high tech car" and that I would be wise to take the warranty, but I thought I'd come straight to the real experts for guidance. :)

    Thank you in advance for your thoughts!
     
    #1 Julia2001, Aug 12, 2011
  2. billnchristy

    billnchristy Active Member

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    Hybrid system is already waranteed for 100k miles.

    Personally I wouldn't bother, we have a 2010 that is already out of regular warranty (44k miles in 2 years) and I have never taken it in for warranty work. I will admit that I did get suckered into the warranty though...it has been useless for me.

    Others may have another story but I would put the 1800 aside if you have it and just pay for a repair if you need it.

    Think of it this way, they are hedging a bet that a 4 year old car won't break so they can pocket your money. They have all the data on the reliability of the car, you don't...which is the smart bet?
     
    #2 billnchristy, Aug 12, 2011
  3. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    You don't have to buy the factory extended warranty at the dealer!
    In fact, I recommend that you don't buy one at all unless you're an unusually high mileage driver. If you do decide to get the "Diamond Plated" coverage----there are others who can sell you the factory extended warranty more cheaply. Somewhere even on this forum I think.
    I'm sure that Toyota will send you a 'last chance' offer to avail yourself of the factory extended warranty in a year or two.
    Save up and pay cash for it.

    YMMV.....
     
    #3 ETC(SS), Aug 12, 2011
  4. paprius4030

    paprius4030 My first Prius

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    Unfortunatly with a used Prius, it's my understanding, that you have to buy it from the selling dealer. $1800 is alot for just over 30k. mi of coverage. I'd pass and save the $1800 if you ever need repairs.
     
    #4 paprius4030, Aug 12, 2011
  5. Julia2001

    Julia2001 Member

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    Thank you all very much for your guidance. I appreciate it very much. All of your thoughts offered here make sense and I appreciate you pointing all of these things out to me.

    Now if I can figure out how to program the bluetooth with my phone I'll be all set. ;-)

    Thanks again, friends! I really appreciate your time. This Prius chat group is fantastic.
     
    #5 Julia2001, Aug 12, 2011
  6. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    OOPS!
    paprius4030 is right. I should have RTFP (read the freekin post).:p
    I was wrong about being able to purchase OEM coverage for this car at a later time!
    She/He is also right about $1800 being kinda high for 30K miles worth of coverage.
    Personally?
    I'd roll the dice, and give the extended coverage a pass.
    Good Luck!
     
    #6 ETC(SS), Aug 12, 2011
  7. The Critic

    The Critic Resident Critic

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    wraps shouldn't cost more than 1k. If they do, the dealer is trying to make a killing.

    The most common failures on the 2G Prius seem to be the engine water pump, inverter water pump and left axle seal. Together, those cost no more than $1500 to repair. Even then, not every car experiences all three of those failures.
     
    #7 The Critic, Aug 14, 2011
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