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If you dont need your warranty to last that long, save money by selecting a shorter time frame. Independent warranty companies usually offer a lower cost for coverage than a manufacturer. Below is a list of the specific coverage found in your Lexus factory warranty. Not all third-party providers provide quality coverage, which is why its important to research any company with which you plan to do business. *For a complete list of components covered, visit the Lexus website. Deductible applies to each eligible repair visit. Although theyre shorter than some of the best new car warranties, Lexus basic and powertrain warranty lengths are slightly longer than standard factory-backed warranties. Coverage provides up to $50 per day for a maximum of 5 days per occurrence. Offers low average prices, along with lengthy coverage, and is one of the lowest-cost services available. The deductible is the dollar amount you pay for authorized claims related to a single repair visit. This depends on where you live, which specific Lexus model you want to buy, and the type of coverage you opt for in Geneva. Independent providers give you a larger network of repair facilities to choose from when its time to file a claim. Listed below are the reliability ratings, average annual repair costs, and typical issues for some Lexus models: While some Lexus repairs can be extremely pricey (such as replacing the transmission), these sorts of issues are unlikely to arise in your Lexus vehicles lifetime provided the car is properly maintained. , also known as a vehicle service agreement, protects your investment for many years after the manufacturers warranty expires. See your Lexus dealer for more information. This warranty is directly from Toyota and any warranty work will need to be done at your Toyota dealer or any Toyota dealer in your state or any state in the USA or Canada Please feel free to give me a call I would be happy to go over the warranty with you. With any of these plans, drivers can choose either a $0 or $100 deductible. The average transmission replacement cost is between $1,800 and $3,400. Drivers reported paying between $2,000 and $3,300 for 5-year/unlimited-mile Platinum extended service contracts.