Do you recommend the lifetime warranty

Asked by May 19, 2015 at 07:05 AM about the 2015 Toyota Corolla LE

Question type: General

Why do you need lifetime warranty

6 Answers

210,325

Stick with the factory warranty, I hate paying extra for extended warranties.

1 out of 1 people think this is helpful.
19,705

What lifetime are we talkin' about? It's a new Corolla- with regular maintenance, it will probably last longer than you do- are you going to keep it that long?

1 out of 1 people think this is helpful.
143,105

Toyota does not offer a 'lifetime warranty' If the salesman was trying to talk you in to some sort of warranty that exceeds the 5 year/60k mile drivetrain and rust warranty it's some aftermarket insurance policy, not even a warranty. So full of deductibles and exclusions it's not worth a dime. If something goes wrong after the factory warranty they will deny it categorically , just to see if you pursue it. Then the dealer or shop has to get 'approval' first and no dealers and most shops won't go the that hassle of all the paperwork. They don't trust the company to honor an approval They always say you ran it without oil, canned denial. Some even require you to pay up front, then the insurance will reimburse you. Yeah, Right.

1 out of 1 people think this is helpful.
19,705

That's right Mr. Nut, what you said- that is about the best answer I ever saw on this site- ok everybody, read this and forget the "extended warranties-

1 out of 1 people think this is helpful.
143,105

Thank You for the compliment Mr. Jam

1 out of 1 people think this is helpful.
143,105

80% of Corollas built since 1996 are still on the road. Of the 20% crushed or in junkyards, 15% of those were because of collisions -totaled. 5% because of catastrophic mechanical failure, like a rod-through-block and deemed totaled because of age and condition of rest of car. Better numbers than Lexus.

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