is the toyota extra care vehicle service agreement worth it? - Toyota Yaris Forums

waylandchin · 04-10-2007, 02:13 AM

I bought my yaris on 3/27/07 with an extended warranty of 84 months, or 75,000 miles. I paid 1980.00 for this

I can still cancel the extended warranty and get my money back within 60 days.

I also paid 700 for 72 months of gap insurance.

should I cancel the extended warranty? did you guys buy one too?

AustinYaris · 04-10-2007, 03:43 AM

no... not worth it.

drg · 04-10-2007, 11:01 PM

These are some of the most reliable cars on the road. The extended warranties are a rip off. In fact, the dealer gets to keep half the money off the top, that is why they push them so hard.

Black Yaris · 04-10-2007, 11:05 PM

not worth it, you will never get your money's worth

brickhardmeat · 04-11-2007, 12:30 AM

get your money back

Dbeau · 04-11-2007, 08:26 AM

Nope did'nt bother with it either. However I did put out the 600.00 for the paint and interior protection.

Edd · 04-11-2007, 08:44 AM

Heh... This is one of those things that if you buy, you won't ever use, but if you don't buy, you'll have some major problem down the road. Life's like that sometimes... :D

jamal1984 · 04-11-2007, 08:53 AM

i dont think the yaris will have any problems after 150k, so that is totally not worth it

ColinT · 04-11-2007, 09:45 AM

I got one for 7 years 100,000 miles and there is a clause where if I don't use the the extended policy I get 100% of payment back at end of policy. So if you have this option I think it is worth it.

Unknown_Epiphany · 04-11-2007, 01:10 PM

I got the same clause on mine as well Colin. Totally worth it in my case.

waylandchin · 04-11-2007, 03:02 PM

ColinT and Unknown_Epiphany, can you show me the clause? maybe it's on mine too.

PetersRedYaris · 04-11-2007, 03:41 PM

No, not worth it.

msagowitz · 04-11-2007, 05:10 PM

Take that same 2k and put it in a savings account. Best thing you can do with it.

AustinYaris · 04-11-2007, 05:32 PM

Quote:

Originally Posted by ColinT

I got one for 7 years 100,000 miles and there is a clause where if I don't use the the extended policy I get 100% of payment back at end of policy. So if you have this option I think it is worth it.

it would be stupid NOT to get it in that case. are you 100% sure you'll get your money back? no fine print or loophole?

Kid · 04-11-2007, 07:14 PM

I agree with Austin. If anyone doesn't, your probably missing something.

Unknown_Epiphany · 04-11-2007, 07:21 PM

Let me look at it when I do get home from work but yes I did read over it and it does say specifically If no maintence is performed in the 100000 miles or the years a check will be issued to the payee.

msagowitz · 04-11-2007, 07:39 PM

Still makes no sense. Pay interest on the $2000 for your million year loan and MAYBE get your money back after SEVEN YEARS? Don't you wonder where the catch is? Simply open a savings account and let your money earn interest.

Edd · 04-11-2007, 08:15 PM

There's no way it's 100% of your money back after 7 years. That would basically Toyota making themselves break even or lose money on this deal. That's not how insurance ever works.
It may be possible that they've researched that in 7 years, something worth $100-$200 breaks, in which case your $2000 warranty paid for something cheap and therefore you get nothing back at the end.

04-10-2007, 02:13 AM	#1
waylandchin View User's Garage Drives: Toyota Yaris 2007 Sedan Join Date: Apr 2007 Location: West Covina Posts: 24	is the toyota extra care vehicle service agreement worth it? I bought my yaris on 3/27/07 with an extended warranty of 84 months, or 75,000 miles. I paid 1980.00 for this I can still cancel the extended warranty and get my money back within 60 days. I also paid 700 for 72 months of gap insurance. should I cancel the extended warranty? did you guys buy one too?

04-10-2007, 03:43 AM	#2
AustinYaris View User's Garage Drives: 2007 Yaris LB Manual Join Date: Apr 2007 Location: Austin, TX Posts: 39	no... not worth it. __________________

04-10-2007, 11:01 PM	#3
drg Drives: 07 Yaris Hatchback Join Date: Feb 2007 Location: Shorter, Alabama Posts: 4	I agree, get your money back These are some of the most reliable cars on the road. The extended warranties are a rip off. In fact, the dealer gets to keep half the money off the top, that is why they push them so hard.

04-10-2007, 11:05 PM	#4
Black Yaris der Zeck View User's Garage Drives: '05 Audi A4 1.8t quattro Join Date: Sep 2006 Location: Toledo, OH Posts: 5,231	not worth it, you will never get your money's worth __________________

04-11-2007, 12:30 AM	#5
brickhardmeat Lonesome Cowboy View User's Garage Drives: 2007 WHITE HATCHBACK Join Date: Feb 2007 Location: Inner City, Dallas Posts: 2,995	get your money back __________________ SPONSORED BY

04-11-2007, 08:26 AM	#6
Dbeau Drives: 2007 Yaris Sedan Aero Join Date: Mar 2007 Location: Alberta Canada Posts: 103	Nope did'nt bother with it either. However I did put out the 600.00 for the paint and interior protection.

04-11-2007, 08:44 AM	#7
Edd Drives: None Join Date: Mar 2007 Location: Australia Posts: 193	Heh... This is one of those things that if you buy, you won't ever use, but if you don't buy, you'll have some major problem down the road. Life's like that sometimes... :D

04-11-2007, 08:53 AM	#8
jamal1984 The Beautification of Car View User's Garage Drives: Toyota Yaris S Join Date: Aug 2006 Location: Georgia, USA Posts: 967	i dont think the yaris will have any problems after 150k, so that is totally not worth it

04-11-2007, 09:45 AM	#9
ColinT View User's Garage Drives: '07 Yaris LB Join Date: Jan 2007 Location: Baltimore, Maryland Posts: 21	I got one for 7 years 100,000 miles and there is a clause where if I don't use the the extended policy I get 100% of payment back at end of policy. So if you have this option I think it is worth it.

04-11-2007, 01:10 PM	#10
Unknown_Epiphany First Ever Import Drives: 2007 Silver Streak Mica Sedan Join Date: Mar 2007 Location: Delaware Posts: 86	I got the same clause on mine as well Colin. Totally worth it in my case.

04-11-2007, 03:02 PM	#11
waylandchin View User's Garage Drives: Toyota Yaris 2007 Sedan Join Date: Apr 2007 Location: West Covina Posts: 24	ColinT and Unknown_Epiphany, can you show me the clause? maybe it's on mine too.

04-11-2007, 03:41 PM	#12
PetersRedYaris View User's Garage Drives: 2005 Scion xB Join Date: Nov 2006 Location: The Black Hills of South Dakota Posts: 1,059	No, not worth it.

04-11-2007, 05:10 PM	#13
msagowitz Drives: 07 Toyota Yaris Sedan Join Date: Jun 2006 Location: Beavercreek OH Posts: 88	Take that same 2k and put it in a savings account. Best thing you can do with it. __________________ Iam on the scene in miami street racing life. -Elsteverino889

04-11-2007, 07:14 PM	#15
Kid Drives: N\A Join Date: Apr 2007 Location: N\A Posts: 7	I agree with Austin. If anyone doesn't, your probably missing something.

04-11-2007, 07:21 PM	#16
Unknown_Epiphany First Ever Import Drives: 2007 Silver Streak Mica Sedan Join Date: Mar 2007 Location: Delaware Posts: 86	Let me look at it when I do get home from work but yes I did read over it and it does say specifically If no maintence is performed in the 100000 miles or the years a check will be issued to the payee.

04-11-2007, 07:39 PM	#17
msagowitz Drives: 07 Toyota Yaris Sedan Join Date: Jun 2006 Location: Beavercreek OH Posts: 88	Still makes no sense. Pay interest on the $2000 for your million year loan and MAYBE get your money back after SEVEN YEARS? Don't you wonder where the catch is? Simply open a savings account and let your money earn interest. __________________ Iam on the scene in miami street racing life. -Elsteverino889

04-11-2007, 08:15 PM	#18
Edd Drives: None Join Date: Mar 2007 Location: Australia Posts: 193	There's no way it's 100% of your money back after 7 years. That would basically Toyota making themselves break even or lose money on this deal. That's not how insurance ever works. It may be possible that they've researched that in 7 years, something worth $100-$200 breaks, in which case your $2000 warranty paid for something cheap and therefore you get nothing back at the end.

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