- Improper repairs
- Abuse or negligence
- Environmental damage, such as from windstorms, floods, hail, salt, etc.
- Water contamination
- Deterioration caused by normal wear and tear
- And more
Once the manufacturer’s warranty expires on your Lexus, you could be hit with inconvenient and costly repair bills. To avoid expensive costs and stay covered after the Lexus factory warranty expires, make sure you’re protecting your investment and your vehicle with a Lexus extended warranty.
Let the experts at CARCHEX help you find the best extended coverage for you and your vehicle. Get a free quote that’s customized to your Lexus when you call 866-261-3457.
All Lexus cars are backed by a manufacturer’s warranty that gives exclusionary coverage to drivers for a few years.
Here’s what a basic Lexus factory warranty covers:
For more details see your Lexus warranty booklet from the dealer. When purchasing a new car, it’s important to read the warranty for yourself to know exactly what is and isn’t covered.
Recent Lexus vehicles are recognized for their reliability. In 2018, Consumer Reports named Lexus one of their top five brands. In November 2019, they also named three Lexus models (Lexus, GX, NX, and GS) in the top 10 most reliable models of 2020. J.D. Power also named these Lexus models some of the most dependable when compared to other vehicles:
Even though a Lexus is a relatively stable car, it is not unlikely that it will experience a variety of issues over time.
Eventually, your basic factory warranty will expire, leaving you with expensive repair costs for these vehicle parts. With an extended warranty, your Lexus will be covered and you won’t have to worry about pricey repairs.
An extended warranty will provide coverage of your vehicle after your manufacturer’s warranty expires. This is a smart investment because it ensures that your vehicle will be protected even though you are not covered by the manufacturer. It’s a way to protect yourself against expensive car repair costs. Instead of paying a repair facility out-of-pocket, you pay a consistent, low payment to your extended warranty provider each month.
There are two types of extended warranties:
Spencer Proctor, Customer Retention Coordinator at CARCHEX, explains what’s covered by an extended warranty:
After your Lexus new car warranty expires, the dealership offers vehicle service agreements for new, L/Certified (the Lexus certified pre-owned program), or used vehicles through Lexus Financial Services.
There are three plans available for new and used Lexus vehicles:
If you have a L/Certified vehicle, your Lexus extended warranty option is called the Lexus Extra Care L/Certified Plan. This includes protection for eligible components and covers the cost of mechanical breakdowns.
All Lexus protection plans includes:
In addition, Lexus extended warranties are transferable at no cost. However, the warranty can only be transferred once from the original owner to a private party.
The average cost of a CARCHEX Vehicle Protection Plan for a 2007–2014 Lexus is just $78 a month.*
Whether you get your Lexus warranty from the dealership or a third-party company like CARCHEX, you can expect the cost of your warranty to be based on these factors:
Keep in mind that if you purchase a warranty from the Lexus dealership, the cost may be rolled into your car financing. That means that you could be paying interest in your warranty. When you’re negotiating the cost, make sure to ask the provider about keeping the payments separate.
In order to keep your Lexus safe after the end of your factory warranty, invest in an extended warranty. If you want to know how to get the best plan at an affordable price, there are a few factors you should consider when looking for a Lexus extended warranty.
See how CARCHEX compares to other third-party warranty companies.
CARCHEX gives you the option to choose from five levels of extended coverage to cover your new, used, or certified pre-owned Lexus. The chart below outlines our coverage levels (Titanium, Platinum, Gold, Silver, and Bronze) and the different protection plans categorized within them.
With these options, you have the ability to choose which extended vehicle protection plan is best for you. You could purchase a Bronze plan, which offers basic care of your engine, transmission, and drive axle components, while the Titanium plan could be a better fit since it covers most parts of your vehicle.
Here’s what one customer has to say about the affordable Vehicle Protection Plans at CARCHEX:
I have a very expensive vehicle and in case of a much needed repair, I didn’t want it to be out of my pocket. I searched all warranty companies and noticed that CARCHEX had a better plan and quality of what I needed for this particular truck. The sales rep was also great.”
CARCHEX is committed to providing the best customer service and coverage options on the market. With our Extended Vehicle Protection Plans, you’re entitled to:
What’s more, we have partnerships and endorsements from industry leaders, including DMV.org, CARFAX, The Motoring Club, Kelley Blue Book, and more.
Find peace of mind and keep your Lexus reliable for years to come with the help of CARCHEX. Call 866-261-3457 to speak to an auto warranty and insurance specialist about your coverage options and get a free extended warranty quote for your Lexus today.
*Figure accurate as of May 2017. Average monthly coverage cost is based on the average total price of the Vehicle Protection Plan over a four year coverage period. Actual monthly payments will vary per plan’s payment policy. Individual pricing is subject to change based on the combination of make, model, year, and mileage as well as coverage level and term length.
USA Today: https://www.usatoday.com/story/money/cars/2019/11/14/consumer-reports-auto-reliability-study-2020-vehicles/2578463001/
J.D. Power: https://www.jdpower.com/Cars/Ratings/Dependability
Lexus Financial Services: https://www.lexusfinancial.com/us/en/vehicle_protection_plan/vehicle_service_agreements.html
Better Business Bureau: www.bbb.org/greater-maryland/business-reviews/extended-warranty-contract-service-companies/carchex-in-hunt-valley-md-23015869
Thoroughly Reviewed: https://thoroughlyreviewed.com/car-warranty/extended-car-warranty-company-reviews/
Motor Week: http://www.motorweek.org/features/goss_garage/
These top brands trust and recommend CARCHEX.
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