Your luxury vehicle deserves the best care possible, but should that include buying a Lexus extended car warranty?
It isn’t cheap to fix a Lexus, which is one of the main reasons to consider adding Lexus extended warranty coverage after your factory warranty expires.
While you can go to the dealer for a Lexus extended warranty, we’ve researched the best extended car warranty providers that can save you money and offer peace of mind. Below, we’ll explain why it may be better to skip the Lexus dealership and show you what third-party providers we recommend instead, such as Endurance, CarShield, or CARCHEX.
We strongly encourage you to get several quotes so that you can compare coverage and prices. Get free, non-committal quotes from our top picks below.
In this article:
- Lexus Extended Warranty Details
- Is A Lexus Extended Warranty Worth It?
- How To Find The Best Lexus Extended Warranty
- Why You Should Consider Third-Party Extended Auto Warranties
- FAQ: Lexus Extended Warranty
Lexus Extended Warranty Details
Aside from the coverage given to you when you purchase a new vehicle, there are some additional Lexus extended warranty plans available, called Lexus Vehicle Service Agreements. These plans offer three levels of coverage to choose from:
|Lexus Extended Warranty||Coverage Terms|
|Extra Care Platinum||4 years/50,000 miles|
|Extra Care Gold||4 years/50,000 miles|
|Extra Care Platinum||4 years/50,000 miles|
- Lexus Extra Care Platinum Extended Warranty: As the most comprehensive level of Lexus extended warranty coverage, the Platinum plan includes repair costs for most mechanical breakdowns after the factory warranty expires.
- Lexus Extra Care Gold Extended Warranty: This option includes a long list of eligible components and comes with flexible term limits.
- Lexus Extra Care Powertrain Extended Warranty: This plan includes the engine, transmission, and front- and rear-wheel drive systems.
|Covered Parts||Platinum Protection||Gold Protection||Powertrain Protection|
|Manual transmission||✓||Most parts||Most parts|
More information about what components are included and excluded in Lexus Vehicle Service Agreements can be found on the Lexus website.
Other additional protection plans you can purchase from Lexus include:
- Guaranteed Auto Protection
- Prepaid Maintenance Plans
- Tire and Wheel Protection
- Excess Wear and Use Protection
When can you purchase a Lexus Vehicle Service Agreement?
You can purchase a Lexus Vehicle Service Agreement from the dealer at any time. If you buy it with the purchase of your car, the Lexus dealer will gladly include it into your monthly payments, thereby charging you interest on the policy premium.
How much does a Lexus extended warranty cost?
The cost of a Lexus extended warranty depends on your particular vehicle and dealership. Prices will vary and the cost may be included in your vehicle financing when you purchase from a dealership. You are likely to find lower prices from third-party providers
Is the Lexus Vehicle Service Agreement warranty transferable?
You can transfer the coverage one time at no cost, as long as it is from the original owner to a private party.
Can you cancel your extended Lexus warranty?
If you cancel the Lexus Vehicle Service Agreement within 30 days, you will receive a full refund minus the $50 processing fee. Any cancellations after that, or once a claim has been paid, will be prorated.
Is A Lexus Extended Warranty Worth It?
Your car will inevitably face troubles, no matter how well you take care of it. Even the newest models often face trouble. While Lexus vehicles ranked second in the J.D. Power 2020 U.S. Vehicle Dependability Study℠, one costly repair could break the bank.
If you want to drive beyond the factory warranty coverage, then purchasing additional coverage is a no-brainer. An extended car warranty, also known as a vehicle service agreement, protects your investment for many years after the factory coverage expires.
The other vital aspect is how much each repair costs Lexus owners. According to RepairPal, Lexus vehicles cost a lot to repair, even for smaller malfunctions. Just look at these common repairs.
|Lexus RC 300||Thermostat Replacement||$216–$249|
|Lexus NX 300h||Brake Pad Replacement||$468–$506|
|Lexus SC 300||Water Pump Replacement||$525–$615|
|Lexus NX 200t||Power Seat Switch Replacement||$1,039–$1,051|
|Lexus RX 350||Heater Hose Replacement||$258-$302|
Imagine if something significant were to malfunction, like the transmission. The average transmission replacement cost is between $1,800 and $3,400. When you consider that Lexus parts cost more than most brands, just think about what that bill might look like. It might cost more than buying a used vehicle.
2021 Lexus Warranty
When deciding whether to purchase a Lexus extended warranty, you should also consider your existing coverage. For all new Lexus models, the manufacturer provides warranty coverage. Here is what is included with the standard Lexus factory warranty.
- 4-year/50,000-mile Basic Warranty: This is the company’s bumper-to-bumper warranty. With this coverage, you receive protection from repairs related to faulty workmanship or material defects. It also includes wheel balancing and alignment, but for only 12 months/12,000 miles.
- 6-year/70,000-mile Powertrain Warranty: The Lexus powertrain warranty protects the transmission, transaxle, engine, and front- or rear-wheel drive systems.
- 8-year/100,000-mile Hybrid Warranty: This covers the hybrid battery control module, hybrid control module, and inverter with converter. On 2020 and newer models, the hybrid battery is covered for 10 years/150,000 miles.
- 6-year/unlimited-mile Corrosion Perforation Warranty: This warranty covers repairs on the original body panels if they rust.
- 12-month/unlimited-mile Service Parts Warranty: This covers defective, originally installed repair or replacement parts.
While Lexus offers a lot of protection to new car buyers, some things are excluded from its plans. You don’t have coverage for:
- Improper repairs
- Abuse or negligence, such as skipping regular maintenance
- Environmental damage, such as hail or road debris
- Water contamination
- Wear and tear
How To Find The Best Lexus Extended Warranty
We want you to find coverage that gives you peace of mind. Here are a few of our best tips when it comes to shopping for a vehicle service agreement:
Check for your mechanic. Make sure you can choose the mechanic you want. Read the fine print to ensure you don’t have to take the vehicle somewhere particular. If you go against this, your repair won’t be covered, or you might void your warranty.
Understand the guarantee. If you find a provider that doesn’t back up its coverage with some sort of guarantee, you probably shouldn’t shop with that company. You want protection in case you aren’t satisfied within the first 30 days of ownership.
Check the claims procedure. You don’t want to pay out of pocket for repairs. Quality extended warranty companies pay claims directly to the service center. All you will be responsible for is the deductible. You don’t want to get caught paying for repairs and waiting for reimbursement.
Call for quotes. Only you know what you really want in a provider. It’s helpful to do your own research by calling around and getting quotes. Not only will you get an estimate for your specific vehicle, but you’ll get a taste of companies' customer service as well.
Why You Should Consider Third-Party Extended Auto Warranties
While the extended warranty from Lexus may seem convenient, you could end up saving by shopping around. Third-party extended warranty companies can be more affordable and flexible than what you find at the dealership.
There are several benefits from purchasing an extended warranty through a third party, such as:
- Choose any mechanic: Visit any authorized repair shop instead of having to take your Lexus to the dealership for repairs. Typically, coverage is accepted at all repair shops certified by the National Institute for Automotive Service Excellence (ASE®).
- No financing: While many third-party providers offer flexible payment plans, you won’t have to worry about being charged interest.
- Additional perks: Many of the plans also include benefits such as roadside assistance and rental car coverage.
- Buy coverage anytime: You don’t have to purchase the plan on the car purchase date or before the Lexus Basic Warranty expires.
Among the many companies that provide extended warranties, three of our top choices are Endurance, CARCHEX, and CarShield. We’ll give you a quick overview of what each company provides.
|Lexus Extended Warranty||Endurance||CARCHEX||CarShield|
|Date of car purchase||Anytime||Anytime||Anytime|
|Max Length of Coverage||4 years/50,000 miles||8 years/200,000+ miles||10 years/250,000 miles||200,000 miles|
|# of Plan Options||2||6||5||6|
$0 or $100
|Repair Network||Lexus dealers only||ASE-Certified repair facilities||> 30,000 facilities nationwide||ASE-Certified repair facilities|
|Cancellation Policy||Refund if within 30 days||Refund if within 30 days||Refund if within 30 days||Refund if within 30 days|
|Availability||From local dealer||Free, instant quote||Free, instant quote||Free, instant quote|
|Contact your Lexus Dealer for Pricing||
Choosing Endurance For An Extended Warranty
Endurance is an excellent choice for a Lexus extended warranty provider.
Endurance offers six distinct levels of coverage, which are easy to research on the company's website. Coverage can be selected for cars up to 8 years/200,000+ miles.
- Select Premier: Coverage for high-mileage vehicles with a fairly extensive inclusion list that focuses on the powertrain
- Secure: Endurance’s most basic auto warranty that only covers parts of the powertrain
- Secure Plus: Mid-level warranty with a short waiting period of only 30 days or 1,000 miles
- Superior Coverage: High-tier comprehensive plan provides coverage for hundreds of listed parts
- Supreme Coverage: Endurance's exclusionary, bumper-to-bumper warranty
- EnduranceAdvantageTM: Combines component coverage with coverage for maintenance items such as oil changes, brake pad replacements, and tire rotations
To get a clear idea of Endurance pricing, we called to get quotes on a 2016 Lexus ES 350 with 48,000 miles on it. We were quoted $180.45 for 36 months with a $100 deductible for the Secure plan with a term limit of 5 years/60,000 miles. For the Supreme plan with the same term limit, we were quoted $97.22 for 36 months with a $100 deductible.
However, quotes can vary widely based on a number of factors, so it’s best to contact Endurance to get an idea of what a plan would cost you.
As of the time of publication, Endurance has a 4.2-star rating from Trustpilot with over 1,700 reviews. Complaints mainly come from people who are unhappy with the claims process and specific exclusions, though this can be avoided by reviewing your contract fully before purchasing an extended warranty.
Endurance also holds a prestigious partnership with Andretti Motorsports, one of the most successful auto racing companies in the world.
Choosing CarShield For An Extended Warranty
CarShield is another popular extended warranty provider for Lexus cars and SUVs.
CarShield currently provides six coverage options. One plan is dedicated to motorcycle parts, so you won’t need that as a Lexus owner. The other five plans include:
- Diamond: Highest level of protection
- Platinum: Ideal for covering high-mileage vehicles
- Gold: Complete powertrain warranty plus some extra parts
- Silver: Conventional powertrain coverage
- High Tech: Protects all of the technology on the car
When we called to get an estimate on a purchased-new 2013 Lexus RX 350 with 79,000 miles, the monthly cost for comprehensive coverage was $129 with a $100 deductible. After a few minutes on the phone, the price was lowered to $99 a month.
The final premium depends on what model vehicle you drive, as well as its age and the deductible you select. It may also factor in whether you purchased the car used or new.
CarShield has over 6,000 Google reviews that total 4.1 out of 5.0 stars overall. The company has also received numerous featured spots on popular networks such as TBS, ESPN, and HGTV.
While the company’s rating from the Better Business Bureau (BBB) isn’t impressive, we found that many of the complaints came from a misunderstanding about the coverage. No matter what company you choose to go with, it pays to read the terms carefully so you understand exactly what’s covered and not covered.
Choosing CARCHEX For An Extended Warranty
CARCHEX is one of the top third-party warranty companies that has flexible options for Lexus vehicles.
One of the biggest perks of CARCHEX is the company’s variety of coverage levels, which are easy to research on the website. Each level has several plan options, with 16 contracts total.
- Titanium: Highest level of coverage, similar to a bumper-to-bumper warranty
- Platinum: Includes hundreds of components
- Gold: Ideal for vehicles with more than 60,000 miles
- Silver: Covers the most important systems
- Bronze: Protection for the powertrain
With all of the coverage options, except for the Silver and Bronze plans, you can get coverage for a maximum of 10 years. If you don’t need your warranty to last that long, save money by selecting a shorter time frame.
Our review team called CARCHEX to get quotes on a 2016 Lexus ES 350 with 48,000 miles on it. For the Titanium plan with 7 years/125,000 miles of coverage, we were quoted $187.84 for 18 months with a $100 deductible. For the Silver powertrain plan with 6 years/100,000 miles of coverage, we were quoted $182.78 for 18 months with a $100 deductible.
You can choose one of the company’s flexible payment plans and a no down payment option. When you go for repairs, you won’t be responsible for paying the repair facility at all. The company handles the entire claim, minus your deductible.
Customer service is an area where CARCHEX stands out from other providers. The company boasts accreditation and an A+ rating from the BBB. When we called CARCHEX with questions, the representatives were friendly and didn’t pressure us to buy. With over 20 years of industry experience, the company understands the ins and outs of the industry.
CARCHEX partners with and is endorsed by known industry brands, such as Kelley Blue Book, SiriusXM, CARFAX, Edmunds.com, and others, so you can feel comfortable you’re working with a reputable company.
If you aren’t satisfied with the coverage, you can get a refund. CARCHEX backs its service and products with a 30-Day Money Back Guarantee.
In an effort to provide accurate and unbiased information to consumers, our expert review team collects data from dozens of extended auto warranty companies to formulate rankings of the best providers. Companies receive a score in each of the following categories, as well as an overall weighted score out of 5.0 stars.
- Industry Standing: Warranty providers with a history of strong business practices and endorsements from experts receive the highest scores in this category.
- Coverage: This rating is based on types of extended warranty plans available, coverage terms, and added benefits like roadside assistance.
- Cost: Our research team reviews sample quotes for a variety of plans and vehicles. Companies with lower prices per year of coverage receive the best scores.
- Transparency: This score takes into account contract transparency and the availability of a money-back guarantee.
- Customer Service: We comb through customer reviews and perform our own shopper analysis to get a sense of the responsiveness and helpfulness of each warranty company.
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