Toyota Extended Warranty Cost: What to Know
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Toyotas are popular cars, and many enjoy the warranties that come with them. Unfortunately, these warranties will eventually run out. If you’re worried about this, you may be looking into the Toyota extended warranty cost. How much will you need to pay to add more protection to your vehicle?
Read on to learn more about the Toyota extended warranty cost. With knowledge of the price that comes with this additional protection, you can make the best choice for your vehicle and your budget. There are many options available, and only you can determine what will work for you.
How Much is Toyota Extended Warranty?
When looking into the Toyota extended warranty cost, it is critical to know how much you will pay. According to motor1.com, the average driver will pay between $1000-$1500 for an extended warranty on a Toyota. This price takes into consideration the various packages available and averages them out for drivers to better understand.
With a Toyota, there are three types of extended warranty you can invest in:
- Powertrain Plus
- Gold
- Platinum
These plans each offer different coverage levels, and with that comes varying prices for the driver. You will gain varying benefits from each of Toyota’s extended warranty plans.
Compared to other vehicles, the Toyota extended warranty cost is relatively affordable depending on the package you choose. Keep reading to learn more about the cost of Toyota’s extended warranty. Many factors can contribute to the price tag that is stamped on an extended warranty package for your Toyota.
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What Are the Costs of Plans Available?
As mentioned above, there are three packages that you can choose from with Toyota extended warranty. What you select depends on the level of coverage you want, your budget, and the type of vehicle you have. It’s critical to know about these before deciding so you can make the best one for your life and your car.
According to autoguide.com, each of these packages has different components that make them unique. Read on to learn more about the average price of each package and what you’ll be paying for when you select one for your Toyota.
Platinum
The Platinum package is the most intricate form of extended warranty within the Toyota car system. It costs the most, but you get full coverage for your vehicle. The Platinum package will assist you in covering almost every single part of your vehicle in case repairs are needed suddenly.
Some of the items that come with the Platinum package include:
- Coverage for most systems
- Coverage for additional items
- Extra perks
These are a few of the items that come with the Toyota Platinum package, providing the most for drivers everywhere. You will get many different types of protection with a Platinum plan.
For the Platinum package, drivers can expect to pay between $1500-$2500. This price is the highest out of all the Toyota extended warranty packages, but it’s still relatively low compared to other vehicles. The Toyota Platinum package gives you the most for your money.
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Gold
Next up in the Toyota extended warranty lineup is the Gold package. The extended warranty coverage does not provide as much coverage as the Platinum does, but it comes close. Those who want to save money but still need a decent protection plan will enjoy the Gold package.
Some of the items that come with the Gold package include:
- Coverage for most systems
- Extra perks
- Rental car protection
These are some of the things included in the Gold package for Toyota vehicles that need an extended warranty.
For the Gold package, drivers can expect to pay around $1500 for the extended warranty. You don’t get some of the coverage for additional items as in the Platinum package, but you can still rest assured knowing you have access to Toyota’s extra perks. You’ll also save money in the process, which you can invest in repairs.
Powertrain Plus
Last on the list is the Powertrain Plus package from Toyota. This item does not have nearly as much coverage as the previous two, but it still permits some help for the long haul. It covers the basics in case you need replacement or repair in the central components of the vehicle.
Some of the items that come with the Powertrain Plus package include:
- Coverage for powertrain
- Car rental benefits
- Extra perks
These are the items that come with Toyota’s Powertrain Plus package for drivers.
Drivers who decide they want to invest in Powertrain Plus can expect to pay about $1000. It’s the absolute cheapest of these three, so you can expect the least benefits from it. However, it will both save you money and provide replacements for the essentials in your vehicle. It’s not to be ruled out as an option.
Are Third-Party Extended Warranties Cheaper?
If you would rather stay away from a Toyota dealer, there is an option for that. Many third-party companies offer packages for Toyota owners. These are separate entities from the Toyota brand, but they still provide you with excellent coverage for your vehicle no matter what’s going on with it.
According to thedetroitbureau.com, many third parties are cheaper and more flexible depending on your needs. If this sounds like a better option for you, ensure you do your research before selecting one to invest in with your money. You want to make sure you’re paying less than the dealership price for your extended warranty.
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Conclusion
Toyotas are popular cars, and an extended warranty can help them last for a long time. Toyota has affordable extended warranty options compared to other car companies, allowing their customers to feel safe and secure no matter what. These are three package options - Platinum, Gold, and Powertrain Plus.
Depending on your budget, you can select the package that’s right for you. What you choose might depend on the care you have, your budget, and the length of time you’ve owned your vehicle. Overall, the cost of a Toyota extended warranty is affordable, and you can even take it to a third party for potentially cheaper options.
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