Lexus Extended Warranty

It isn’t cheap to fix a Lexus, which is one of the main reasons to consider adding a Lexus extended warranty after your factory coverage expires.

While you can go to the dealer for Lexus extended coverage, we’ve also researched the best extended car warranty providers. Below, we’ll explain why it may be better to skip the Lexus dealership and instead turn to reputable third-party providers like Endurance, CarShield, and CARCHEX.

Aside from the coverage provided when you purchase a new vehicle, drivers can pick up a Lexus vehicle service agreement.  The three extended warranty plans offered by Lexus come with various levels of coverage for component parts and systems. All plans cover vehicles for up to 4 years/50,000 miles, whichever comes first.

You can transfer this Lexus coverage one time at no cost, as long as it’s from the car’s original owner to a private party. Below is a table showing each plan and corresponding coverage terms. In the sections below, we’ll review the specific parts and systems protected under the Lexus extended warranty.

Lexus Extended Warranty Plans

If you want to compare all three Lexus vehicle service contracts, the table below lists the various extended warranty plans and the components covered by each one.

More information about what components are included and excluded in Lexus vehicle service agreements can be found on the Lexus website.

You can purchase a Lexus vehicle service agreement from the dealer at any time. 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.

Lexus Extended Warranty: Best Prices

If you buy coverage with the purchase of your car, the Lexus dealer will likely include it in your monthly payments, thereby charging you interest on the policy premium. There are additional costs if you cancel your Lexus extended warranty. For these reasons, you’ll probably find lower prices from third-party providers.

Can I Cancel My Lexus Extended Warranty?

If you cancel the Lexus vehicle service agreement within 30 days, you’ll receive a full refund minus the $50 processing fee. Any cancellations after that, or once a claim has been paid, will be prorated.

Vehicles often break down, and investing in a Lexus extended warranty could save you money in the long run. Dealerships will often push you to buy a branded vehicle service contract, but always do your research before purchasing an auto extended warranty through a dealership.

Is A Lexus Extended Warranty Worth It?

Purchasing additional coverage is usually a smart choice if you want to drive beyond the factory warranty. An extended car warranty, also known as a vehicle service agreement, protects your investment for many years after the manufacturer’s warranty expires.

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 sixth in the J.D. Power 2022 U.S. Vehicle Dependability Study℠, one costly repair could break the bank.

Lexus Factory Warranty

When deciding whether to purchase a Lexus extended warranty, you should also consider your Lexus factory plan.  For all new Lexus models, the manufacturer provides warranty coverage.  Lexus factory warranties include a bumper-to-bumper plan, a powertrain warranty, a hybrid warranty, corrosion protection, and a service protection plan. Below is a list of the specific coverage found in your Lexus factory warranty.

• 4-year/50,000-mile basic warranty: This is the company’s bumper-to-bumper warranty. This coverage protects you 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.

Are Lexus Cars Expensive To Repair?

In addition to checking to see if your vehicle is covered under an existing Lexus factory warranty, also consider the average costs to replace parts for your Lexus. The average transmission replacement cost is between $1,800 and $3,400. When considering 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.

Lexus Repair Cost

According to RepairPal, Lexus vehicles cost a lot to repair, even for smaller malfunctions. Just look at these common repairs:

While the Lexus extended warranty may seem convenient, you could end up saving by shopping around. Numerous third-party providers offer affordable extended warranty plans for Lexus that are often more flexible than what you’ll find at the dealership.

Best Extended Car Warranty For Lexus

Among the many companies that provide extended warranties, three of our top choices for Lexus vehicles are Endurance, CARCHEX, and CarShield. We like these providers due to their low costs, coverage options, customer service, industry standing, and additional perks. We’ll give you a quick overview of what each company provides below.

Buying An Aftermarket Car Warranty

We want you to find coverage that gives you peace of mind. 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 taking 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.

With that in mind, here are a few of our best tips when 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 in 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. You’ll get both a cost estimate for your specific vehicle, but also a taste of each company’s customer service.

In this article, we reviewed Lexus factory and extended warranties and compared their cost and coverage with those from leading third-party extended providers. After careful consideration, we found that it’s usually  better to purchase a Lexus vehicle service contract from Endurance, CarShield, or CARCHEX.

Buy Lexus Extended Warranty Online: Recommendations

We recommend getting at least three extended warranty quotes in order to compare and contrast your coverage and price options. After reviewing industry leaders in the vehicle service contract industry, we found that Endurance, CARCHEX, and CarShield are among the best extended warranty providers.

Endurance: Best Coverage

Endurance is an excellent choice for a Lexus extended warranty. The company offers six distinct levels of coverage, which are easy to research on the Endurance warranty website. Coverage can be selected for cars up to 8 years/200,000+ miles. Endurance currently has a 4.0-star rating from Trustpilot, with over 5,600 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.

Endurance Extended Warranty Plans

• 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/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
• EnduranceAdvantage^TM: Combines component coverage with coverage for maintenance items such as oil changes, brake pad replacements, and tire rotations

Endurance Extended Warranty Costs

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 several factors, so it’s best to contact Endurance to get an idea of what a plan would cost you.

Read more: Endurance warranty review

CarShield: Best Monthly Payments

CarShield is another popular extended warranty provider for Lexus cars and SUVs. CarShield has over 12,000 Google reviews totaling 4.2 out of 5.0 stars. 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 complaints came from a misunderstanding about the coverage. No matter what company you choose, it pays to read the terms carefully, so you understand exactly what’s covered and not covered.

CarShield Extended Warranty Plans

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: The 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 nearly all of the technology on the car

CarShield Monthly Cost

When we called to get an estimate on a 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, its age, and the deductible you select. It may also factor in whether you purchased the car used or new.

Read more: CarShield review

CARCHEX: Best For Used Cars

CARCHEX is one of the top third-party warranty companies with flexible options for Lexus vehicles. 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, and Edmunds.com, so you can feel comfortable knowing you’re working with a reputable company.

CARCHEX Extended Warranty Plans

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 in total.

• Titanium: The 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.

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.

CARCHEX Extended Warranty Cost

Our review team called CARCHEX to get quotes on a 2016 Lexus ES 350 with 48,000 miles. 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. You won’t be responsible for paying the repair facility when you go for repairs. The company handles the entire claim minus your deductible.

Lexus Extended Auto Warranty: FAQ

Below are common questions asked by Lexus owners regarding extended warranties for Lexus.