#Endurance warranty reviews full#
OTOH, when an expensive part fails and R4P is full of them you'll certainly feel better than the guy who has to cough up $$ with the car at 9y and 90K miles for any number of parts that can fail. That being said, you're also not going to lose a whole lot if in 10 years you never use it. I've always used the same logic underscoring your comments when it comes to any extended warranty. It's a feelgood option Surfstar, absolutely. Any way you slice it it's a minor cost when you consider total operating cost. With claims that are covered that goes down. If you have zero claims, that's the cost. Adding this warranty takes that up to about 62.2 cents/mile. So total cost per mile for your R4P XSE comes in albeit crudely at about 61 cents per mile. Gasoline & Electricity = $5,000 (crudely based on 40mpg if gasoline was only $2.00/gallon to offset for the lower cost of electricity)ĭepreciation over 10y = $46,000 (assumes you bought the car for $56,000 tax/fees included, and sold it for $10K w/ 100K miles on it. In any case it's more than we typically consider but probably closer to reality: These numbers are conservative I think, but there may be other costs I didn't include. But one consideration if you're on the fence is to look at the total cost of ownership and operation of the car for 10y, and this extended warranty becomes a relatively very minor additional cost over 100,000 miles: I am generally always extended warranty averse. The cost for a 10y/100,000m Toyota Platinum Warranty is under $1,300.
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