Anyone have an opinion on optional warranty for my new/used Lexus RX330? It has 69,000 mi. Warranty lasts for 5 years or 125,000 mi. With a $300 deductible. Cost: $2,169. Or a $200 deduct. for $2,399.

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Asked by Oct 23, 2014 at 06:07 PM about the 2005 Lexus RX 330 AWD

Question type: General

1 Answer

150,625

It's much more like an insurance policy than a warranty. What they do is know the average cost of repairs for each given car for the length of time of policy, double or triple it, add so many deductibles and exclusions it's IMO not worth it. Put aside whatever would have paid in premiums and save it, you will come out ahead. They try to weasel out of every claim, you have to fight for it, even if you are in the 'right'.

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