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Extended warranty ?

Discussion in 'Gen 3 Prius Main Forum' started by harold, Jul 25, 2013.

  1. harold

    harold Member

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    Vehicle:
    2013 Prius v wagon
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    Five
    Bought my new v tonight and was offered an option to purchase a 5 year extended warranty for $1500.

    Would you ?
     
    #1 harold, Jul 25, 2013
  2. ForestBeekeeper

    ForestBeekeeper Active Member

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    Prime Premium
    I would buy it one month before the current warranty expired.
     
    #2 ForestBeekeeper, Jul 25, 2013
  3. harold

    harold Member

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    Seems price goes up apx $800 neqr end of 3 yr.
     
    #3 harold, Jul 25, 2013
  4. massparanoia

    massparanoia Active Member

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    Unless its a toyota warranty, no. Don't buy a 3rd party warranty.
     
    #4 massparanoia, Jul 25, 2013
  5. ChaiLove

    ChaiLove Junior Member

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    Location:
    Virginia Beach, VA
    Vehicle:
    2011 Prius
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    IV
    I bought mine through a dealer here on Prius Chat because it was considerably cheaper than what the local dealer offered. Try searching on here, not sure if they still offer it or not since that was in 2011.
     
    #5 ChaiLove, Jul 26, 2013
  6. bisco

    bisco cookie crumbler

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    Plug-in Base
    3rd prius, no warranties, no prolemo.
     
    #6 bisco, Jul 26, 2013
  7. Drdiesel

    Drdiesel Active Member

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    I purchased a 5 yr 100K mile warranty from my dealer for $750.00 in May 2013 for my C.
    I got the warranty book and read all the B/S stipulations and promptly canceled it. I don't really
    think you need an extended warranty with any of the Prius lines. The Hybrid system components
    come with an 8 yr 100K warranty. Not much else to go wrong with them during that time.

    An extended warranty purchase is a gamble. If nothing happens, you wasted that money.
    If something does, you're good and it was worth it. Take the 1500.00 and put it in a 5 yr savings account.
    If something happens, use it. If not, enjoy the added benefit of the 1500 plus interest :cool:

    Otherwise, find a better price because that's about double of what you should pay.
     
    #7 Drdiesel, Jul 26, 2013
    32kcolors likes this.
  8. MPGnutcase

    MPGnutcase Active Member

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    Vehicle:
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    It"s just PROFIT for the dealer. The Finance guy makes his money every time he sells one
     
    #8 MPGnutcase, Jul 28, 2013
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