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Toyota warranties and prepaid maintenance

Discussion in 'Prius c Care, Maintenance and Troubleshooting' started by Katwoman151, Oct 16, 2017.

  1. Katwoman151

    Katwoman151 New Member

    Joined:
    Oct 16, 2017
    1
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    0
    Location:
    California
    Vehicle:
    2017 Prius c
    Model:
    One
    I recently purchased a new 2017 Prius c One and purchased the prepaid maintenance and a few other warranties, but I'm having second thoughts and wondering if it was worth it or if I should cancel,
    For the Vehicle Protection plan for 7yrs or 75k miles : $2,595
    Prepaid maintenance for 5yrs or 55k miles : $1,050
    Tire& Wheel for 7yrs- $495
    Theft Protection-$195
    After these charges and interest the total of the car comes to around 28k and After driving for almost 3 weeks now/700+miles, I don't feel that the car is worth more than 20k (which is the price before these charges)
     
    #1 Katwoman151, Oct 16, 2017
  2. JimN

    JimN Let the games begin!

    Joined:
    Nov 26, 2006
    7,028
    1,116
    0
    Location:
    South Jersey
    Vehicle:
    2010 Prius
    Model:
    V
    Scheduled maintenance the first 5 years is composed of oil & filter changes and tire rotations. The first two years are priced into the selling price of the car. At best, 5 oil changes for $1050 is $210 each which is pretty expensive.

    If there was a high probability of the car needing $2595 worth of repairs out of warranty and under 75000 miles the dealer wouldn't be selling the policy. If you believe you'd have to drop $2595 on repairs why buy the POS car?

    All that listed stuff is high profit for the dealer and the salesman who pushes it. Cancel what you can and get a refund. If the stuff was paid for with borrowed money the refund will go to the lender.
     
    #2 JimN, Oct 17, 2017
    Katwoman151 and Mendel Leisk like this.
  3. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,781
    48,987
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    congrats and welcome!

    worthless, cancel all.
     
    #3 bisco, Oct 17, 2017
    Katwoman151 likes this.
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