Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB

Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB (https://www.ft86club.com/forums/index.php)
-   Scion FR-S / Toyota 86 GT86 General Forum (https://www.ft86club.com/forums/forumdisplay.php?f=2)
-   -   Should I buy extended warranty? please help chime in. (https://www.ft86club.com/forums/showthread.php?t=79515)

Teseo 05-20-2015 11:43 AM

If the car broke you in your face, pour gasoline in it and let it burn. Call insurance and complain about DI
seal failure.

hmong337 05-20-2015 11:46 AM

Quote:

Originally Posted by Terran (Post 2255809)
Friend had a bad experience with his FRS with extended warranty. He got rod knock and they wouldn't cover it because he did his own oil changes, though he took great care of his car

Well yea that's another thing. Since finding out how badly the dealers monkeys fubared my oil drain bolt, I've been doing my own oil changes ever since.

Tcoat 05-20-2015 12:41 PM

Quote:

Originally Posted by hmong337 (Post 2255811)
Geese dude. That's like 60,000 kms a year! Are you planning on keeping the car long term?

Nope. Four years and gone for the last 4 cars.
Take a shit kicking in value but it is worth every penny just to see the sales guy's face when they ask for mileage on the 4 year old car.

Dake 05-20-2015 01:00 PM

Anything major should have broken already which leaves nuisance things which won't add up to the cost of the coverage.

Remember, they don't sell extended warranties because they plan to pay out - they sell them because the numbers show it's easy money. Sure, there's always that friend of a cousin's neighbor whose engine exploded for no reason one month after the factory warranty ran out, but that's the exception to the rule.

As others have said - if you have the 2100 bucks to buy the warranty, put it in an online savings account instead. If you need it you can still get at it fairly easily, and if you don't need it (you probably won't) you'll have upwards of 600 extra dollars waiting for you after the three years. Better still, if you don't already have a savings account going, this is your chance to start. Open it with 2100 and then throw in an extra 10 bucks a week or something - it all adds up. If you were going to finance your extended warranty (even worse idea), make the payments to yourself instead.

billyk 05-20-2015 01:05 PM

This won't help the OP due to his pressing deadline, but possibly for other FRS owners that want extended coverage, they might benefit by considering GEICO and USAA extended coverages.

I switched from Allstate to GEICO last November when I got my FRS. GEICO matched or increased every coverage item, added roadside assistance and 7-year/100k mile breakdown coverage for a ton less money than I was previously going to pay Allstate (without those additions). A total no-brainer. The coverage is extensive, gets great reviews and has a $250 deductible.

Buying extended coverage from the dealer is a personal choice. Some feel great about it - I always avoid it. But, years back when I bought a new Acura MDX, I came close to buying coverage when I learned that I can buy it from any Acura dealer in the US, and some dealers in other states where willing to significantly discount the price (it's National coverage no matter where you buy it). This may be another option for those that want the coverage.

Mr.Impreza 05-20-2015 01:08 PM

Personally not worth it in my opinion.

I have a 2014 accord on lease, and got an extended warranty and the car is already at 55,000Km (drive a lot for business) and nothing has gone wrong. I think a 3 yr would of be plenty enough.

The FRS, i don't even know what warranty I have haha..i think 60,000Km like you.

There is the saying, things go wrong in the first few months if the car is a lemon. Considering you've had it for so long with no problems, i think it would be fine.

Plus, repairs are not that expensive and i don't really see what could go wrong that would cost that much in repairs. Plus you drive it like a camry so your not abusing it.

hmong337 05-20-2015 01:20 PM

Quote:

Originally Posted by Mr.Impreza (Post 2255937)
Personally not worth it in my opinion.

I have a 2014 accord on lease, and got an extended warranty and the car is already at 55,000Km (drive a lot for business) and nothing has gone wrong. I think a 3 yr would of be plenty enough.

The FRS, i don't even know what warranty I have haha..i think 60,000Km like you.

There is the saying, things go wrong in the first few months if the car is a lemon. Considering you've had it for so long with no problems, i think it would be fine.

Plus, repairs are not that expensive and i don't really see what could go wrong that would cost that much in repairs. Plus you drive it like a camry so your not abusing it.

Yes, my car has been rock solid. Not one single issue. I don't bounce the car off redline or do any nonsense to the vehicle as it is my daily driver. I expect to get a good ten years from this car only doing oil changes and tune ups. The high mileage on my car is all highway so they are very easy miles. I hope this car will go the distance. I'm just not very keen on today's standard of build quality compared to how they were built in the 90's.

NOHOME 05-20-2015 01:27 PM

One of the most lavish mansions in my neck of the woods was built by a person who runs an after-market warranty company. That tells me that the guy taking your insurance money does not believe that you need insurance.

The nature of Insurance is that you should only insure things that you can not afford to lose. If a transmission or engine falls in that category, then go ahead. The rest you gamble with, taking on faith that the odds are on your side to the same extent as they are for the guy who is willing to insure you.

hmong337 05-20-2015 01:46 PM

^warranty and insurance are in the business of "in case shit happens". 90% of the time, nothing happens and they just pocket the money. I know this all too well as a close uncle of mine is in the insurance business and is very successful. That's pretty much how he explained it to me ahaha.

But I guess where I'm worried is that this car is new, new, so you don't really know what to expect. That's what has me nervous. Newly developed engine, trans, di system, etc. I think many have said it right already that is nothing has happened yet, you can bet on nothing happening at all. Like I said, the car has been very solid thus far so let's hope it continues that way.

Well, off to let my warranty lapse. Lets hope the next few years will be trouble free (if not the entire life of the vehicle).

Thanks to all who replied.

HotLavaFRS 05-20-2015 02:09 PM

Quote:

Originally Posted by hmong337 (Post 2063483)
I get this answer a lot too. Thanks!

2100+tax for "in case shit happens", is kinda pricey. And even still, these stealership crooks usually do everything in their power to null any sort of claims.

Still scared though- going into unwaranted car payments. But still, $2100 in cash for surprise repairs should be comfortable.

This car is a keeper. It will never be for sale.

Just because the warranty runs out doesn't mean the car is going to die all of a sudden. You're better off hanging onto that money (doesn't mean spend it on mods and stuff) for a rainy day.

I've got another car that's been out of warranty for three years now and is covered in mods and I'm not worried about it.

Tcoat 05-20-2015 02:12 PM

Quote:

Originally Posted by HotLavaFRS (Post 2256060)
Just because the warranty runs out doesn't mean the car is going to die all of a sudden. You're better off hanging onto that money (doesn't mean spend it on mods and stuff) for a rainy day.

I've got another car that's been out of warranty for three years now and is covered in mods and I'm not worried about it.

My 58 Ford had been out of warranty for 40 years and I never had to replace a thing in 5 years of driving (as a DD at that).

Packofcrows 05-20-2015 03:24 PM

Unless extended warranty was from Toyota or dealer, then i'd ignore it!

if it's:

"automotive professional resources"

^^^

Let that be the first red flag. My mom without much knowledge purchased it, her car started having problems due to transmission not shifting too good, they said they wouldnt cover her until 6 months from now although they had stated they would cover asap, so 3 days later I called them and after 3hrs, got her, her money back.

Later, I asked friends regarding this extended warranty and 2 out of 11 or so car enthusiasts, gave me their experiences with this company.

The first said he lost $2500 in warranty money and they never helped him because he slightly modded his Integra.

The second, they mailed him a "pos engine lubricant," that ended up somehow clogging his injectors or clogged something else...I don't recall. He had done a rebuilt on his engine not even 2 months before. He was also sent a gas tank one? This one he didn't add in. It was unlabeled and just stated it was to be put into gas tank. If I get to cleaning my garage I can snap a pic of it. He let me have it and I just threw it in a corner somewhere. This guy, he was lucky to get 1/2 of his money back.


BBB used to be full of issues about them.

be careful where you put your money.

(Save it for the strippers!)

Ddreder 05-20-2015 03:30 PM

Quote:

Originally Posted by hmong337 (Post 2255774)
Well, I'm getting nervous. Only one more round trip to work and the warranty is done. I'm sitting at 59,927kms.

These damn Subaru's better be as reliable as they say they are!

I wish the clutch was covered under my aftermarket warranty.. I know it will be the first thing to go TU on the car. Also I have a feeling engine maintenance later on down the road is going to cost a fortune on this car. From what i've heard the valves need adjusted and certain intervals. And to do it You have to take the cams off the tops of the heads.. That job is going to suck lol

Also side note.. 5 year 90K best extra warranty I could get with a $250 deductible was only $760 lol They are so much cheaper through the bank vs the dealer :D

hmong337 05-20-2015 03:39 PM

The extended warranty option was from the dealer I purchased the car from. Not any fly-by-night company. The names of the people I personally dealt with were all there so this wasn't some scam. Either way, I am choosing to not extend. I'm 10kms away from lapsing so this is it. Bye bye waranty.

Ann1ne 05-20-2015 04:32 PM

If in EU the warranty is 5 years or 150000 Km means that the car was made to reach this tolerance. Dont buy it

Basket Case 05-20-2015 06:11 PM

Didn't read the thread, but the answer is no.

Dake 05-21-2015 02:03 PM

Quote:

Originally Posted by Ddreder (Post 2256210)
I wish the clutch was covered under my aftermarket warranty.. I know it will be the first thing to go TU on the car. Also I have a feeling engine maintenance later on down the road is going to cost a fortune on this car. From what i've heard the valves need adjusted and certain intervals. And to do it You have to take the cams off the tops of the heads.. That job is going to suck lol

Also side note.. 5 year 90K best extra warranty I could get with a $250 deductible was only $760 lol They are so much cheaper through the bank vs the dealer :D

Some components of the clutch are considered normal wear items and might not even be covered under the initial warranty. In fact the manual specifically says "clutch linings" are not covered.

As for extended warranties from the bank they are often cheaper but are also not typically the same. They tend to have for more exclusions and limitations so just be sure to read and re-read the fine print.

Ammunition 05-21-2015 02:22 PM

I voted "No" - I got roped into purchasing the extended warranty, and thankfully I was able to cancel it (sans a $25 "processing fee"), and I'm glad that I did.

My FR-S was my first new car, and all of that pejorative language they use when trying to work out the financing got me to agree to it at first. Then I realized that I would be looking at an additional $2.8k, or such in the long-run, which wasn't worth it.

I would consider it akin to fronting an emergency bill with the doctor - like others have said, that money is best kept with you. When I decided to cancel my extended warranty, I had talked to several people that did purchase it with their car, and every single one of them said that it was not worth it, and they wished they hadn't been roped into adding it.

Extended warranties were a decent option if you had something like a Taurus (there's a reason you hardly see any of them on the road, even though you see plenty of cars around from a decade prior), but otherwise I would look at it as you would look at your own health - so long as you take good care of your vehicle, perform the necessary maintenance(s), there really isn't anything you have to worry about.

Sure, there is always that "chance" that you might suddenly have a heart attack despite healthy lifestyle choices, but I think that most people would agree it isn't practical to alter your life due to, and capitulate to that fear; if there is going to be an issue with the vehicle, it is going to be because of an accident, in which case the warranty isn't going to help you out there as that's going to be in insurance's territory.

However, this is just my opinion, so take it with a grain of salt if you do feel that the extended warranty is something that you want - either way, you shouldn't feel badly about whichever decision you make, so long as it is an informed one based on rationale, and with consideration to your personal situation - and not fear, or unsupported anecdotes (they probably fed you some story at the dealership about someone's car crapping out, and they would have been screwed if they didn't have the extended warranty - but thankfully they did, and they walked away with a brand new car).

I would think that especially in your situation, if you'll only have the car for a few more years, that this is something that you wouldn't need. Also, if you're leasing it, I'm fairly sure they will try to offer it to you again if you do decide to keep the car after the lease is up - GL with the decision.

Vroomin86 05-21-2015 02:48 PM

I blew the tranny in my g37, if it wasn't for my extended warranty I would have had to shell out $4000.... sometimes its worth it

NOHOME 05-21-2015 03:41 PM

Quote:

Originally Posted by Vroomin86 (Post 2257511)
I blew the tranny in my g37, if it wasn't for my extended warranty I would have had to shell out $4000.... sometimes its worth it

Actually, you would have had to shell out $2000 cause you already paid the insurance company $2000 for the extended warranty!

And once again, while not a good thing, would the $4000 expense have been catastrophic to your finances?


I am a firm believer in "Self Insuring" in other words, I am willing to take the same gamble as the insurance company. By doing so, I enjoy the same level of financial return as my insurance company.

Vroomin86 05-21-2015 05:06 PM

Quote:

Originally Posted by NOHOME (Post 2257592)
Actually, you would have had to shell out $2000 cause you already paid the insurance company $2000 for the extended warranty!

And once again, while not a good thing, would the $4000 expense have been catastrophic to your finances?


I am a firm believer in "Self Insuring" in other words, I am willing to take the same gamble as the insurance company. By doing so, I enjoy the same level of financial return as my insurance company.



$2000 and well spent in relative to how many times that it happened- 4. Break that down and I paid $500 each time to have a brand new transmission replaced by an authorized infinity dealer.


Would I not had warranty? $4000x4=$16000... wouldn't even be worth fixing.. so again, don't knock something simply because YOU would never need it.

One point however.... Would I buy an extended warranty on a new car? no. Only used.

College person, shell out $4000 for a tranny or $30 more/month on your payment? ....

NOHOME 05-21-2015 05:58 PM

Quote:

Originally Posted by Vroomin86 (Post 2257703)
$2000 and well spent in relative to how many times that it happened- 4. Break that down and I paid $500 each time to have a brand new transmission replaced by an authorized infinity dealer.


Would I not had warranty? $4000x4=$16000... wouldn't even be worth fixing.. so again, don't knock something simply because YOU would never need it.

One point however.... Would I buy an extended warranty on a new car? no. Only used.

College person, shell out $4000 for a tranny or $30 more/month on your payment? ....


I would suggest that you may have been driving a car that was beyond your means as a college student. So, yeah, insurance would have been mandatory to cover this event. As your loan officer, I would have demanded it.

That said, I had never heard of a Japanese car that lunched 4 gearboxes. Generally have to go American made to get that kind of consistency!

chaoskaze 05-21-2015 08:44 PM

it depends u wanna touch the eignine or not.


Can't give u an answer without knowing that

Vroomin86 05-22-2015 01:15 AM

Quote:

Originally Posted by NOHOME (Post 2257783)
I would suggest that you may have been driving a car that was beyond your means as a college student. So, yeah, insurance would have been mandatory to cover this event. As your loan officer, I would have demanded it.

That said, I had never heard of a Japanese car that lunched 4 gearboxes. Generally have to go American made to get that kind of consistency!


Don't let the mustang guys hear you saying that. :bonk:

I do understand the concept of "if you can't cover it cash you can't afford it" and I try to live by that rule. However you have to know where you have to use the system. I was buying a USED manual transmission. Just because a Lamborghini is within you're means your willing to pay way more than you should ? Being in my means or not means nothing really, it's the goal that matters.

The car was under my means. I could have afforded a brand new one, but I found a 6speed CPO exactly how I wanted it and at a great deal.

billwot 05-22-2015 10:05 AM

Quote:

Originally Posted by Vroomin86 (Post 2257703)
$2000 and well spent in relative to how many times that it happened- 4. Break that down and I paid $500 each time to have a brand new transmission replaced by an authorized infinity dealer.


Would I not had warranty? $4000x4=$16000... wouldn't even be worth fixing.. so again, don't knock something simply because YOU would never need it.

One point however.... Would I buy an extended warranty on a new car? no. Only used.

College person, shell out $4000 for a tranny or $30 more/month on your payment? ....

I'm sure lottery winners would say lottery tickets are a wise investment...but they aren't!

And that's all an extended warranty is...a lottery ticket.

Bergen23 05-22-2015 10:33 AM

Quote:

Originally Posted by billwot (Post 2258455)
I'm sure lottery winners would say lottery tickets are a wise investment...but they aren't!

And that's all an extended warranty is...a lottery ticket.

I justified it by the added value services. My warranty was 1900. But it included 5 years of roadside assistance, that exceeded what I was paying for through CAA. My CAA was about 150/yr. (150x5=750). It also included 8 oil changes, which is about 90 bucks at the dealership. (8x90=720). All said and done with that, I'm at 1470 of added services, which leaves me with a balance of about 500 on the warranty. That's easily justifiable to me. I like doing oil changes myself, but with 50 or so dollars of parts, plus an hour or 2 of my time, I'm still at 400 bucks for those 8 oil changes, and a good chunk of time.

Some call it a gamble, for me it's peace of mind.

pcguru2000 04-12-2018 08:59 PM

Quote:

Originally Posted by billyk (Post 2255927)

I switched from Allstate to GEICO last November when I got my FRS. GEICO matched or increased every coverage item, added roadside assistance and 7-year/100k mile breakdown coverage for a ton less money than I was previously going to pay Allstate (without those additions). A total no-brainer. The coverage is extensive, gets great reviews and has a $250 deductible.
.

Can you choose where to have the car repaired under geico warranty? Do they give you the runaround to get the failure inspected? I'd be interested in finding out if you've had to use this since you post this a few years ago.

mrg666 04-12-2018 09:12 PM

Put the money on a supercharger and don't worry about any warranty anymore while enjoying your car.

Yoniyama 04-15-2018 07:19 AM

It depends on:

(1) The reliability of the vehicle;
(2) The application of the vehicle; and
(3) The cost and coverage of the extended warranty policy.

The Toybaru is not as reliable as a Toyota Camry or Subaru Imprezza. On the contrary, the Toybaru has probably the worst in reliability of all current Toyota and Subaru models.

Do you only drive the Toybaru 9,000 miles a year and 99% on highway, or going to weekend races 52 times a year?

How much is the extended warranty and what coverage?

Do you drive a manual or automatic transmission? (The manual transmission tends to have more problems.)

Answer to the three questions above may yield different conclusions. Therefore, the right answer may be different for different people.

If you drive the Toybaru really hard, you may want to see if there is a cheap and good extended warranty available.

JohnnyWarlord 04-18-2018 12:55 AM

Quote:

Originally Posted by hmong337 (Post 2063528)
Interesting. I'll definitely will look into this. If it's only like $1200 or whatever for a legit Toyota extended warranty, I would get it. $2100 makes it hard to decide since those monies already could be used to pay for repair bills IF anything were to happen.

Thanks for the heads up.

Call Attrell Toyota in Brampton. They have always treated me fairly. Good luck.
They added 2 years so that makes it a 5 year and a total of 12500 for 800.

HKz 04-18-2018 05:00 AM

Quote:

Originally Posted by Yoniyama (Post 3072855)
It depends on:

(1) The reliability of the vehicle;
(2) The application of the vehicle; and
(3) The cost and coverage of the extended warranty policy.

The Toybaru is not as reliable as a Toyota Camry or Subaru Imprezza. On the contrary, the Toybaru has probably the worst in reliability of all current Toyota and Subaru models.

Do you only drive the Toybaru 9,000 miles a year and 99% on highway, or going to weekend races 52 times a year?

How much is the extended warranty and what coverage?

Do you drive a manual or automatic transmission? (The manual transmission tends to have more problems.)

Answer to the three questions above may yield different conclusions. Therefore, the right answer may be different for different people.

If you drive the Toybaru really hard, you may want to see if there is a cheap and good extended warranty available.

how did "Toybaru" make #2 in CR's list? rigged?? :paddle:

https://www.consumerreports.org/car-...reliable-cars/

Tcoat 04-18-2018 07:59 AM

Quote:

Originally Posted by Yoniyama (Post 3072855)
It depends on:

(1) The reliability of the vehicle;
(2) The application of the vehicle; and
(3) The cost and coverage of the extended warranty policy.

The Toybaru is not as reliable as a Toyota Camry or Subaru Imprezza. On the contrary, the Toybaru has probably the worst in reliability of all current Toyota and Subaru models.

Do you only drive the Toybaru 9,000 miles a year and 99% on highway, or going to weekend races 52 times a year?

How much is the extended warranty and what coverage?

Do you drive a manual or automatic transmission? (The manual transmission tends to have more problems.)

Answer to the three questions above may yield different conclusions. Therefore, the right answer may be different for different people.

If you drive the Toybaru really hard, you may want to see if there is a cheap and good extended warranty available.

Please link references. This is news.

tomm.brz 04-18-2018 09:08 AM

Hasn't the BRZ/GT86 nominated one of the most reliable car in the world like last year or even few months ago?

Tcoat 04-18-2018 09:30 AM

1 Attachment(s)
Quote:

Originally Posted by tomm.brz (Post 3074167)
Hasn't the BRZ/GT86 nominated one of the most reliable car in the world like last year or even few months ago?

Yep. That was why I wondered what data the dude was using. Back in 2014 they got a bad rating based on the 2013 data which was a very small sample size. The main "reliability" complaints back then were crickets, deck squeak and moisture in the tail lights. All really have nothing to do with how reliable the car was.
From 2015 onward they have placed in the top 10 best reliability lists with the 2017 list placing them at number two. This is partially due to the fact that there was a much greater sample size for data but also because they eliminated those early issues. Unfortunately the internet never forgets so if you just pull up those early ratings and stop there it appears totally different than current.




2017
"The Subaru BRZ / Toyota 86 twins are rated the #2 10 Most Reliable Cars on the road today by Consumer Reports (CR). In their annual Auto Survey based on data collected from 640,000 vehicles, CR says the new BRZ/86 sports coupe is ranked number two on their list least likely to give owners problems. The Kia Niro was the only car ranked more reliable for consumers."






https://www.torquenews.com/1084/10-m...ta-86-ranked-2


In fact contrary to the statements made they are rated the top for both companies!

Jordanwolf 04-18-2018 11:03 AM

Quote:

Originally Posted by Tcoat (Post 3074175)
Yep. That was why I wondered what data the dude was using. Back in 2014 they got a bad rating based on the 2013 data which was a very small sample size. The main "reliability" complaints back then were crickets, deck squeak and moisture in the tail lights. All really have nothing to do with how reliable the car was.
From 2015 onward they have placed in the top 10 best reliability lists with the 2017 list placing them at number two. This is partially due to the fact that there was a much greater sample size for data but also because they eliminated those early issues. Unfortunately the internet never forgets so if you just pull up those early ratings and stop there it appears totally different than current.




2017
"The Subaru BRZ / Toyota 86 twins are rated the #2 10 Most Reliable Cars on the road today by Consumer Reports (CR). In their annual Auto Survey based on data collected from 640,000 vehicles, CR says the new BRZ/86 sports coupe is ranked number two on their list least likely to give owners problems. The Kia Niro was the only car ranked more reliable for consumers."






https://www.torquenews.com/1084/10-m...ta-86-ranked-2


In fact contrary to the statements made they are rated the top for both companies!

Nope, it's only 205 hp, not reliable at all. 0-62 in 15 minutes.


All times are GMT -4. The time now is 02:42 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2026, vBulletin Solutions Inc.
User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2026 DragonByte Technologies Ltd.


Garage vBulletin Plugins by Drive Thru Online, Inc.