Lexus LS 500 Inspiration 7

Why Buy a Lexus Extended Warranty? (2021)

  • Lexus offers three extended warranty plans and can last up to 10 years.
  • The Lexus factory warranty includes 4 years/50,000 miles of bumper-to-bumper warranty coverage and 6 years/70,000 miles of powertrain coverage.
  • A Lexus extended warranty can only be added before the factory warranty expires.

Affiliate disclosure: Automoblog and its partners may be compensated when you purchase the products below.

Lexus’ powerful engines and luxurious interiors are backed by a company with a history of reliability. When repairs do come up, however, having a Lexus extended warranty can reduce their impact on your budget.

In this article, we’ll review the Lexus extended warranty in depth, including coverage plans, costs, brand reliability, and the pros and cons of extended car warranties.

You also have the choice of an independent extended warranty provider, which can offer more freedom over a dealer-backed plan. Learn about the basic Lexus warranty and find out what options you have for extending coverage. There are a number of reliable providers, so get multiple quotes from the best extended car warranty companies to find the best plan for your situation. Start with some of our top picks below.

Top Extended Warranty Companies
We reviewed the best extended auto warranty providers, and here are our top picks. 
Best Overall Best for Used Cars Most Affordable
logo endurance logo logo carshield
Endurance CARCHEX CarShield
black starblack starblack starblack starblack star black starblack starblack starblack starblack star black starblack starblack starblack starblack half star 5 1
Get Quote Get Quote Get Quote
(877) 374-1840 (866) 254-0205 (800) 563-2761
     

Lexus Extended Warranty Options

Lexus Extended Warranty Coverage Terms
Extra Care Powertrain 4 years/50,000 miles
Extra Care Gold 4 years/50,000 miles
Extra Care Platnium 4 years/50,000 miles

The Lexus extended warranty is called the Lexus Vehicle Service Agreement (VSA). There are three coverage options to choose from:

  • Extra Care Powertrain: Basic coverage for essential parts like the engine, transmission, and drive systems
  • Extra Care Gold: Mid-tier coverage for many parts on most vehicle systems 
  • Extra Care Platinum: High-level stated-component coverage for most vehicle systems

Lexus extended warranties are all stated-component contracts, which means they list out every covered item. Some extended warranties are exclusionary, meaning they only list items that are not covered, but Lexus doesn’t offer this option.

You can purchase a Lexus extended warranty in one of two ways. If you bought a new Lexus, you have until four years or 50,000 miles after the vehicle’s in-service date to buy extended warranty coverage through your dealership. After the factory coverage expires, you won’t be able to get a Lexus extended warranty. 

The second option applies if you purchase a used Lexus from a dealer. You can add a Platinum or Gold extended warranty if the vehicle is less than 10 model years old and has fewer than 125,000 miles. You can add a Powertrain plan if the vehicle is less than 13 model years old and has fewer than 100,000 miles. This only applies at the time of sale. 

Lexus doesn’t publish the mileage limits for its extended warranty on its own website, but the Longo Lexus dealership shows new vehicle plans max out at 10 years or 100,000 miles, whichever comes first. 

Lexus Extended Warranty Perks

All Lexus extended warranty coverage levels come with the following benefits:

  • Transferability: The Lexus extended warranty is transferable to a secondary owner for free, but only once. 
  • Cancellation: You can cancel within 30 days for a $50 fee. If you cancel after 30 days, you can get a prorated refund. 
  • Roadside assistance: The warranty covers towing, flat tire assistance, lockout service, jump-starts, and fuel deliveries (up to 3 gallons). 
  • Rental coverage reimbursement: Platinum agreements offer $50 per day for 5 days per occurrence toward a rental car, while Gold and Powertrain plans offer $35 for 5 days. 
  • Deductible options: You can choose a $0 or $100 disappearing deductible. The Lexus extended warranty deductible is waived if you visit the selling dealership. 
  • Trip interruption: For breakdowns more than 100 miles from home, Platinum provides up to $150 per day for 5 days over the life of the plan. Gold and Powertrain plans provide up to $100 per day for 4 days.

Like the original warranty, Lexus vehicle service contracts require you to visit a Lexus dealer for repairs. Out of these three plans, the Lexus Extra Care Platinum warranty is worth having for better coverage options and perks. 

Lexus Extended Warranty Cost

Lexus extended car warranty costs are based on your own vehicle. For example, pricing for a Lexus UX would be different than a Lexus LS 500. Also, the same level of coverage typically costs more as your car’s age and mileage increase. A $0 deductible plan will also cost more than a plan with a higher deductible. 

With all of these variables, you have to contact a Lexus dealership to get a quote. The base price from Longo Lexus starts at $2,495 for seven years or 75,000 miles of coverage. A few drivers on Club Lexus also shared these prices for the Platinum service agreement:

  • Driver A: $2,700 for 7 years/100,000 miles; $2,960 for 8 years/100,000 miles.
  • Driver B/first dealership: $2,975 for 6 years/70,000 miles; $3,525 for 7 years/75,000 miles.
  • Driver B/second dealership: $1,350 for 6 years/70,000 miles; $1,865 for 7 years/75,000 miles.
Lexus extended warranty
While the particular dealership you visit might not be flexible on price, it seems like you can find different prices by visiting different dealerships. 

To get the best price on a Lexus extended warranty, you can shop around at different dealerships while your car is still under basic warranty coverage. See if your own dealer will match prices you find elsewhere. On the other hand, if you’re buying a used car, you only have the option to buy a plan from the selling dealer. 

Is a Lexus Extended Warranty Worth It?

If you’re looking at buying a Lexus or own one now, you already know the vehicles are built to last. Since Lexus is a division of Toyota, it benefits from all of Toyota’s engineering. Parts are easy to find, and thousands of repair shops can work on Lexus vehicles across the U.S. 

RepairPal gives Lexus models a 4.0 out of 5.0-star reliability rating since drivers spend an average of $551 per year on maintenance and repairs. Lexus’ average is about $100 less than the average cost across all brands, which is impressive for a luxury manufacturer. 

At the same time, no car part lasts forever, and there’s still the chance a mechanical breakdown may occur. Here are a few repairs you might encounter with a Lexus (based on RepairPal data):

 

Lexus Repair Repair Cost Estimate
Lexus SC400 power steering pump replacement $545 to $765
Lexus RX330 camshaft position sensor replacement $169 to $177
Lexus RX350 radiator replacement $638 to $736
Lexus GS400 catalytic converter replacement $2,941 to $2,956

An extended warranty can be worth it if you plan on driving your Lexus up to 100,000 miles or beyond. Having the additional coverage can help you pay for repairs, so you can enjoy the vehicle for as long as it lasts. Many people also enjoy peace of mind considering a range of repairs are covered and they don’t have to fill out any paperwork or do any negotiating at the shop. 

Lexus Factory Warranty Overview

Your existing coverage is another factor to consider. If you don’t plan on owning your Lexus past the factory warranty’s expiration, a Lexus extended warranty is not a worthwhile investment.

All new Lexus vehicles come with a number of factory-backed warranties:

  • Basic limited warranty: 4 years/50,000 miles
  • Powertrain warranty: 6 years/70,000 miles
  • Hybrid warranty: 8 years/100,000 miles
  • Hybrid battery: 10 years/150,000 miles
  • Corrosion perforation: 6 years/unlimited miles
  • Parts warranty: 12 months/unlimited miles
  • Adjustments: 12 years/12,000 miles
  • Roadside assistance: 4 years/unlimited miles

These Lexus warranties are transferable to any other private party who buys the vehicle. The transfer is automatic and does not require a fee. 

Lexus Hybrid Warranty

Lexus offers good coverage for hybrid vehicles as well. The hybrid power system includes the battery voltage sensor, power management control module, and inverter with converter. It’s covered for eight years or 100,000 miles, while the battery itself is covered for 10 years or 150,000 miles. 

Lexus Certified Pre-Owned Warranty

If you’re OK with buying a used vehicle, you can save money and go with a certified pre-owned (CPO) Lexus, also known as an L/Certified vehicle. A Lexus can be certified if it is still within the powertrain warranty of six years or 70,000 miles. 

In addition to whatever is left on the basic warranty, all CPO Lexus owners get a two-year certified warranty with unlimited miles. This warranty is identical to the Lexus basic warranty. 

Comparing Lexus & Third-Party Extended Warranties

The quotes the drivers found above are all over the board. While it’s hard to say exactly what a Lexus extended warranty should cost, average prices are between $350 and $700 per year according to third-party provider Endurance

If your warranty provides four years of coverage, it could cost $2,800 assuming the higher average amount. However, Lexus vehicles are cheaper to repair than many other brands, so you should expect to find more affordable warranties. 

Third-party extended warranties usually come with similar benefits like roadside assistance and trip interruption. While the maximum mileage available from Lexus isn’t totally clear, independent plans usually provide much longer coverage options than manufacturers. 

For example, CARCHEX can cover vehicles up to 250,000 miles or 10 years. Even if you already have a Lexus extended warranty, you might want to think about covering the vehicle up to 200,000 miles or beyond. 

Also, third-party warranties allow drivers to visit a wider network of repair facilities. Typically, any mechanic certified by the National Institute for Automotive Service Excellence (ASE®) can make a repair under warranty. Finally, many independent providers offer exclusionary contracts, which cover more than the Platinum Lexus protection plan.

If you’re looking to buy an extended warranty for your Lexus online, get at least three quotes from different providers and compare your options.

Top Extended Warranty Companies
We reviewed the best extended auto warranty providers, and here are our top picks. 
Best Overall Best for Used Cars Most Affordable
logo endurance logo logo carshield
Endurance CARCHEX CarShield
black starblack starblack starblack starblack star black starblack starblack starblack starblack star black starblack starblack starblack starblack half star 5 1
Get Quote Get Quote Get Quote
(877) 374-1840 (866) 254-0205 (800) 563-2761
     
Read This Next
first automotive warranty
First Automotive Warranty Review (2021)