Is Costco Auto Program Better Than Truecar? smartphone, computer or tablet) to verify your identity. What if one or both of the dealers go out of business? , owners of a 2016 Lexus LS can expect to pay about $2,916 in car repairs over the next five years. Teletubbie There are 5 local dealers here, prices the same at all of them, and nothing has ever been done to my car that was not called for in the factory maintenance schedule. For Electric Vehicle owners, seebrochurefor exclusive benefits and coverage options. As of 2023, Lexus offers a 4-year/50,000-mile bumper-to-bumper warranty along with a 6-year/70,000-mile powertrain warranty on new vehicles. Repair costs are more unpredictable between vehicles you and your neighbor may drive the exact same car, but one of you may spend thousands more on repairs than the other. Overall, these costs are on the affordable side for luxury cars. 5 Questions to Ask Before You Buy an Extended Warranty, Do Not Sell or Share My Personal Information. Difference is, if you don't use it, you are only out $50. Even if you can change the oil yourself, you should have your Lexus maintained by other people. 46 Companies Reviewed 2,000 Customers Surveyed Lexus Extended Warranty Coverage Aside from the coverage provided when you purchase a new vehicle, drivers can pick up a Lexus vehicle service. A good honest reputable independent shop will not do this unless the service is really justifiable and the cost will be much less. Woman wants to buy the 5 year/50,000 mile maintenance. In addition to the excellent advice above, you should be using a local reputable independent shop for your maintenance. Mercedess reliability ranking is extremely low, as it is number 27 out of 32 different car brands. You can choose any certified repair shop. Unsubscribe easily. I have until Monday to purchase it. Prices vary depending on area, you live in Utah and I live in metro Washington, DC. I called the service department and got the exact amounts for each scheduled service. Maintenance generally refers to preventive care and services you can schedule ahead of time. My wife can change that with the PDF instructions. Given the RX350 is 90%+ a Highlander, maintenance-wise, Id trust an independent shop to handle this, no problem. If you have an account, sign in now to post with your account. Lexus vehicles are eligible for these plans as long as the mileage on the odometer reads less than 18,000 miles for synthetic oil vehicles and 13,000 miles for conventional oil vehicles. Giving advice to anyone about something like an extended warranty or service contract is DUMB !! New and certified pre-owned Lexus vehicles come with factory warranties and LexusCare prepaid maintenance plans. That is a very reasonable price for a slightly older luxury vehicle. By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Lexus vehicles also come with factory warranties that can cover repair costs for the first few years of their lives. There is also a 13% chance that the necessary repairs are severe and need to be done immediately, which is not the case with Lexus vehicles. Well stick with the SUV theme of the RX, too. Repairs are usually visits to the mechanic because something has broken or failed. Overall, the cost of the Lexus extended maintenance plans makes them not worth it. This being my first Lexus I am leaning towards taking my RX to the dealer for all the scheduled services. Our team takes into account BBB ratings and the companys history of reliable service when giving this score. Stay covered longer. I havent seen the Owners Manual but I figure thats $155 for an oil change, two tire rotations and some visual inspections. I am an Amazon Associate. $200 for a cabin filter? It does not cover wear and tear items such as brake pads but the air filter and cabin filter is covered. It is one of the reasons why so many people choose to purchase a Lexus rather than a Mercedes. In the end, if youre sweating over 15% of your cars maintenance costs, a luxury car might not be the right car for you. Even so, breakdowns still happen. We value your privacy. If you have to come out of pocket $1200 I might think about it more, but if it covers all the Lexus required maintenance for 50k miles, you can wrap it into the financing or lease, and you would be apt to use the dealer anyways I would buy it. I have a reciept right here for a lube center who changed the oil one time for $60. :). How much does it cost to get an oil change for a Lexus? But to purchase one of these, your car has to be within the factory warranty period of 4 years/50,000 miles. Lexus also has a comparatively low rate of repairs that are prohibitively expensive (8% versus the industry average of 12%). Will prepaying offer you peace of mind? Mercedes only has a reliability rating from RepairPal of 3 out of 5 stars. Nobody's seen me coming. It covered all the work specified in the owners manual. Lexus Owners Club of North America Depending on the plan purchased, your 15,000; 30,000; 45,000; 60,000; 75,000; and 90,000 mile services may be covered. High-performance engines and upper-tier models can require more care over time. When it's time for a visit, simply present your L/Certified Prepaid Maintenance card at your participating Lexus dealership. You will certainly save a lot of money over what the dealer charges and, most probably, have better quality work done. Lexus Luxury Care offers exceptional convenience to help keep your new Lexus vehicle running at peak performance. Brand new Lexus models dont require much in terms of repairs and maintenance. Coverage includes oil and filter changes, 2 multi-point inspections, tire rotations, and any additional services included in the Scheduled Maintenance Log of your Lexus Warranty and Services Guide, under normal driving conditions. According to Money Crashers, the average cost of an extended warranty from a manufacturer is around $1,000 to $1,500. My Toyota maintenance over 54,000 miles including tire rotation, came to $912 with most of the work done by an independent garage. Services at 15,000; 30,000; 45,000; 60,000; 75,000; 90,000; 105,000 and 120,000 miles that are within your purchased plans mileage range are covered. You will be advised you need new brakes, for example, long before they are necessary. Every eligible L/Certified by Lexus vehicle comes with complimentary maintenance covering the next four factory-recommended services (under normal driving conditions) for two years or 20,000 miles, whichever comes first. For example, according to CARCHEX, the average cost of a CARCHEX extended warranty on a 2007 to 2014 Lexus is just $78 per month. Shopping for a Lexus vehicle (new or L/Certified), Major maintenance (depending on plan: 15k, 30k, 45k, 60k, 75k, 90k. Lexus owners will either save a few dollars when they pay for an extended maintenance plan, or they will pay much more for the plan than what it costs to have their Lexus serviced while the plan is still valid, although they are valid for up to 10 years. Remember, warranties dont cover scheduled maintenance or wear items. Some dealership maintenance plans may offer unlimited oil changes, which are useful, but may not include other maintenance items that need replacing. The 2015 Lexus RX 350 maintenance schedule includes regular services every 6 months or 5,000 miles, whichever comes sooner. We take into account the number of extended car warranty plans available, term limits, exclusions, and additional benefits. But, a prepaid maintenance plan is not the same thing as an extended warranty: Dealers will usually offer you one of these as well, and you can read more about the pros and cons in "5 Questions to Ask Before You Buy an Extended Warranty.". So based on their prices, you can extrapolate what the cost of maintenance will be for 50k miles. The $799 service is probably worth $70. And since Id never be able to afford one unless I win the lottery Ill never buy one of those programs. or you simply decide to trade it in after a few years? So if you can afford to own a luxury car, and you can afford to drive and maintain a luxury car, I dont see why youd want to be frugal about car maintenance, but this isnt a complex math problem. $75 to swap my data disc for the Nav after paying $295 for the disc? Thats ~$155 per year/10k miles, excluding the $800 at 30k miles. The car requires oil changes and filters for the first 50k miles. Yes, you could prepay for 15 years of maintenance if you really wanted to. It's FREE! Contact the service department of a dealership that sells the vehicle brand in which you're interested, and ask to speak to the service manager or a service adviser. I just checked my service records, here's what I spent, keep in mind my car is an '03, and prices have gone up since then: If the deal they are offering you includes brakes, its even more I probably had $500 worth of brakes in that time, that is just scheduled routine maintenance. Anything is possible, there are no guarantees in life; unfortunately if it happens, so be it so and move on. Dealership oil changes can cost between $130 and $200. After your first visit well have you in our system and youll begin receiving follow up reminders for your next visit. Lexus says it saves about 15% over paying services separately as needed. Lexus dealer service is way more than that. Yes or No? Toyota Certified Pre-Owned Warranty: What Is Covered? I never said dealer service was cheap, its definately not. New Lexus vehicles come with a factory warranty that covers mechanical breakdowns of certain parts and systems, but that only gives you a few years of coverage. Lexus offers prepaid maintenance plansfor both new and certified pre-owned vehicles that can save you money on scheduled maintenance services. Coverage can extend past 200,000 miles for many vehicles. Finally, heres how annual repair costs stack up across these brands (via RepairPal): Thankfully, Lexus owners have fewer repairs to worry about than drivers of other luxury cars. 3 The company ranked second in the 2020 US Vehicle Dependability StudySMby J.D. "People get hit with so much information, and they're unprepared. Powered by Discourse, best viewed with JavaScript enabled, $1,420 Lexus "Prepaid Maintenence" worth it? To get the most out of your car, you have to take care of it. Yet, you can sometimes identify trends when you look at the bigger picture. Yes. Sign up to receive our free weekly newsletter. Audi and Mercedes-Benz are two carmakers that incentivize the purchase of prepaid maintenance by increasing the residual value of the lease vehicle. You can cancel your Prepaid Maintenance Plan within the first 30 days after the complimentary maintenance period expires for a full refund if no benefits have been paid. Since Lexus is a luxury brand, the cost of its extended warranty is probably higher than $1,500. Every new Lexus comes with LexusCare, which includes complimentary first and second scheduled maintenance services. My Toyota dealer tried to sell me on such a package as well; based on how little I drive this car it would have been a waste of money since many activities are TIME BASED inspections. Four Wheel Trends | 4441 Six Forks Road, Suite 106-205, Raleigh NC 27609 | (919) 526-0419 Paste as plain text instead, To go ahead and get free quotes from our top recommendations, click above. Get a free Edmunds appraisal report for your car in minutes, Ready to sell? Depending on regularly scheduled maintenance for your vehicle, plans may include the following: These inspections vary based on model but can include:Fluids inspected and replenished:Items visually inspected: Coverage can be transferred once from the original owner to a private party; this excludes dealers. Each plan comes with a $0 deductible or a $100 disappearing deductible. It will also depend on where you buy your extended warranty. Weintraub gave the example of a lease for a 2018 Audi Q5 with a residual value of 55 percent: The prepaid maintenance plan's retail cost is $869 for four years. * Consider adding Lexus Luxury Care when you purchase or lease your vehicle and roll the cost directly into your finance or lease plan (subject to credit approval). Pasted as rich text. General Motors brands (Buick, Cadillac, Chevrolet and GMC) offer plans that range from 24 months/30,000 miles to 180 months/150,000 miles. I like to be contract free because it is less worry to me. Select the plan and payment option that fits your lifestyle. In this economy, with the Auto industry in the state it is in including Toyota posting a first-ever loss, the lesson of Circuit City needs to be learned. Mileage intervals begin at zero. The finance guy going from the traditional role of profit padder to customer advocate makes me nervous and my BS alarm to sound. Unsubscribe easily. The plans, which vary in price, range from two years or 20,000 . Warranty. Yes, you could prepay for 15 years of maintenance if you really wanted to. Coverage is for normal operating conditions. If benefits have been paid, or if you are cancelling after the first 30 days please ask your dealer or refer to your agreement upon purchase. The company ranked second in the. Prepaid maintenance plans can be customized for as long as you intend to have the vehicle. The question you need to ask yourself is: -Am I going to be using the dealer for service or am I willing to spend more time and effort with an independent mechanic to save some money? The total according to him will be greater than $2500 if I pay as we go. Luxury cars are more expensive to buy, more expensive to insure, more expensive to maintain, and more expensive to repair, so owning one isnt a good idea unless youre the kind of person who has disposable income to spare. Scheduled service. Looking for an extended auto warranty company? Randy, I believe that you have to turn in your "He-Man ID Card" when you have to get your wife to change the TP or replace light bulbs! Prepaid will cover the 30,000-mile $799 service. :chairshot: OP here. (Answered). Is the Lexus new? My cat can change a DVD. Does the maintenance contract follow your replacement car? The retail price for the services 25k through 50k is ~ $1500. While every eligible new Lexus comes with a complimentary service,Lexus Maintenance Select offers protection for a longer duration - up to 2 years and 4 services (whichever comes first) from the date of plan purchase. Services are performed at the intervals stated for your plan and vehicle. When it appears, you should make a car maintenance appointment so you can get in and out of the car shop as quickly as possible. Maintenance is what you do to keep your car in good health, like preventative medicine. However, Lexus vehicles are not much more reliable than Toyotas, and many people choose to purchase a Toyota over a Lexus because they are cheaper at the time of purchase. Click the links below to compare extended warranty options for your Lexus. This does not include the cost of common maintenance, which is over $10,000 for this same vehicle. Lexus is one of the most reliable car manufacturers in the world. If you were to buy the Q5 at the end of the lease, you would not realize the savings due to its higher residual value. Plan terms begin at the time and mileage that the L/Certified complimentary maintenance period expires. The maintenance and repair costs for both SUVs are pretty similar when you account for the difference in the sticker price. Lexus does offer some extended warranty options calledLexus Service Agreements. What Hybrid Vehicle Has the Highest Towing Capacity? RepairPal estimates the average Lexus maintenance cost is $551 per year for routine services and unscheduled repairs. If the prepaid maintenance is a factory plan it may be OK or not. Benefits of a Third-Party Lexus Extended Warranty. You have already made a great decision in purchasing a low maintenance vehiclethe odds on you needing extended maintenance coverage is low. Do not opt for the expensive warranty provided by a company that could possibly go out of business. All rights reserved. He said right now is the deadline to sign-up so that he can get it in Janurary month's accounting. New Lexus models come with two free maintenance appointments at 6 months/5,000 miles and 12 months/10,000 miles. What is the Biggest Tire You Can Put on a Stock Ford F150. Receive pricing updates, shopping tips & more! This being my first Lexus I am leaning towards taking my RX to the dealer for all the scheduled services. Clear editor. Hi, I bought a new 2020 Lexus RX 450h and the dealer offered prepaid maintenance package for a reduced price for new car which is $3800 for 4yr / 65K miles. 888-860-8314 View Plans. Plan terms begin at the time and mileage Lexus Luxury Care is purchased. For example, last spring, Brahman Lexus in West Palm Beach emphasized to my wife we needed a new timing with only 70,000 miles on the car for $1185, while the car was there for a small warranty item. You can see average prices for maintenance services in the table below, and well go over repair costs for common issues with this model in the next section. A good indepent that works on Toyota Lexus vehicles exclusively seems to be better at reducing costs, and additionally sees a lot of the recurant problems on higher mileage vehicles. Should You Buy a Prepaid Car Maintenance Plan. Depending on your car, this will include at least one oil change synthetic oil vehicles go 10,000 miles between oil changes, while conventional vehicles go 5,000 miles between oil changes. Search on Toby and you will find him. Your online account access will be available shortly. The pitch sounds tempting. Lexus maintenance costs are affordable compared to the industry average. You can cancel your Lexus Maintenance Select plan within the first 30 days after purchased for a full refund if no benefits have been paid. Lexus Maintenance Select covers services available at participating Lexus dealerships. 45,000 Miles Lexus says it saves about 15% over paying services separately as needed. Trending Post: Is Costco Auto Program Better Than Truecar? Services are performed based on the actual vehicle odometer readings. So, what brand costs the most to maintain? The questions I would have for the dealer are: -Does this include all maintenance reccomended by Lexus in the service manual at 5k intervals? Lexus has its own program, but there are also plenty of third-party options on the market that can be more affordable. If it is a significant savings by prepaying, then I may as well buy it now. 2023 VerticalScope Inc. All rights reserved. Whether you should purchase an extended warranty or not is dependent on your personal situation. The cost of a Lexus extended warranty will depend on your specific Lexus mileage, age, and model. They take advice to purchase and than do not feel they got their monies worth you are wrong. Mercedes-Benz Warranty: Coverage, Costs & Options, Acura Maintenance: Costs, Plans & Schedule, Replace engine oil and oil filter, rotate tires, inspect brake pads and rotors, Measure brake pad thickness and rotor runout, replace air conditioner filter, inspect nuts and bolts on chassis, replace brake fluid, replace engine air filter, Inspect engine air filter, inspect nuts and bolts on chassis, visually inspect brake pads and rotors, Measure brake pad thickness and rotor runout, replace brake fluid, replace engine air filter, replace transmission fluid, inspect nuts and bolts on chassis, replace air conditioner filter, Measure brake pad thickness and rotor runout, replace air conditioner filter, inspect nuts and bolts on chassis, replace brake fluid, replace engine air filter, replace timing belt, Comparing Lexus Maintenance Costs Across Models. Here is another thread on maintenance costs Yessssthe higher my postcount the lower your IQ. 1 Cover routine maintenance. The Lexus is a great car with low maintenance requirements. Note:The purchase of a Prepaid Maintenance voluntary protection product is optional, cancelable (subject to specific agreement terms) and not required to obtain credit. But just before you sign the contract, the dealer offers you a prepaid maintenance plan. At this point, the car is outside of the factory warranty period, theres no free maintenance, and youre on your own unless you bought an extended warranty. At Motor1.com, we are dedicated to supplying car owners with the well-researched, fact-checked information they need to make sound decisions about auto warranties. The repair costs for a Lexus can be tough to estimate because no two vehicles will break down in exactly the same way. Few things are as satisfying as being behind the wheel of a Lexus. Drivers with extended warranties pay a relatively small monthly payment and then a deductible when services are needed. This is one of the reasons why when people buy a Lexus, they also purchase one of the extended maintenance warranties that dealers offer. This package is dealer exclusive and not the one offered by Lexus which costs around $1900 for the similar coverage. All rights reserved. You probably won't need brakes. Armed with the out-of-pocket costs, you can negotiate a price for a prepaid plan. However, Lexus repair costs are much cheaper than Mercedes. To get free quotes from our highest-rated warranty companies, click below. Then, well compare the manufacturers offering to the best extended car warranties from third-party providers. For example, if you have savings you can dip into, buying an extended warranty may not make financial sense. Doing so can lead to even higher maintenance costs down the road. So I called the Finance Manager to decline this deal. Big difference in terms of cost of living, etc. Most items in it I can do. Why are you asking about the maintenance contract if you plan to perform the maintenance yourself? All the cost statistics weve provided so far combine yearly maintenance and repair costs, but its important to understand the difference.
While an extended warranty from Lexus comes with many benefits, including factory-trained technicians and genuine Lexus parts for replacements, there are benefits to third-party extended warranties too. The good news is that there are relatively few reported failures with Lexus vehicles, and that shows in the reviews Lexus drivers leave. Lexus Maintenance Select is available for any Lexus vehicle that is beyond the complimentary maintenance period, and is only available to purchase on the Service Drive of participating Lexus dealers. But, a prepaid maintenance plan is not the same thing as an extended warranty: Dealers will usually offer you one of. You might have to try a couple of different dealerships to get the information you need. Lexus provides the first oil change on new vehicles, your dealer provides the second at no charge? by J.D. L/Certified PPM plans provide protection after this period - up to 3 years and 30,000 miles (whichever comes first) from the expiration of the L/Certified by Lexus Limited Warranty complimentary maintenance period. Thats the services that were done, and thats what dealers here charge for them. I try to take my cars to independent mechanics but the service seems to be always a hit or a miss. However, the maintenance must be done by a Lexus dealership or an auto repair shop that is approved by Lexus for the services to be free. ), 2005 BMW 330Cic, 2009 RX350AWD. You should self-insure your maintenance. Another dealer says 6,000 miles. Is the convenience of not paying as you go important to you? We're taking you to Toyota.com website to connect you to the information you were looking for. I don't have much to add to all the excellent advice above, except maybe learn to do the simple things yourselfunless you'd just rather let someone else do it. I have zero interest in doing maintenance myself, I work way too much to spend what little free time I have doing that. To go ahead and get free quotes from our top recommendations, click above. I had a good relationship with my service rep and whenever I had any hint of a warranty issue it was always dealt with immediately with no hassle because I was such a good customer.
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