Warranty and Insurance meets Toyota


Extended warranties ensure that you are protected from having to fork out large sums of cash to pay for costly repairs to your vehicle’s components.

Are you planning the acquisition of a new or used Toyota, or have you  perhaps just upgraded from your existing vehicle to a Toyota, or are you a first-buyer and are looking at buying a used Toyota? It does not matter what your reasons are for purchasing a new or new-to-you Toyota. Equally important to your new purchase is the fact that you need to consider signing up for a Toyota extended warranty at Warranty and Insurance.

What is an extended warranty?

In essence, an extended warranty is an insurance policy on your vehicle, a safeguard against expensive, unforeseen repairs.” – Warren Clarke

An extended warranty is actually a service contract because it costs extra and is sold separately. In my opinion, this is a minor detail because it covers the repair to, or replacement of a stated list of vehicle parts for a given period of time. This stated list of parts includes your vehicle’s major engine components, transmission, drivetrain, air conditioning, suspension, and specified electrical components such as the onboard computers.

Choosing an extended warranty

It is important to note that there are different extended warranties from Warranty and Insurance, each with a different combination of vehicle parts on the above list of parts that they cover. Since the aim of an extended warranty is to cover you for expensive repairs to your vehicle, it is vital that you ensure that you purchase the correct cover for your vehicle.

Here are a few tips to help you when purchasing an extended warranty:

Financial gain or loss?

What is the value of your vehicle versus the repair or replacement costs of your vehicle’s major components? I would suggest that, if your new Toyota is an entry-level vehicle, you should be able to pay for your car’s repairs yourself. On the other hand, if you are purchasing a high-end Toyota, it’s advisable to consider the purchase of an extended warranty. In this case, repairs and replacement parts will be expensive and difficult to pay for out of your own pocket. Finally, you need to consider your vehicle’s reliability. An added extra to most extended warranties is the option to have your vehicle repaired on the road or towed to the nearest repair centre. If you are concerned about the possibility of breaking down while you are travelling to your destination, then it is a good idea to purchase an extended warranty.

Read the fine print

As stated above, different warranties offer different benefits; therefore, make sure that you know exactly what you are signing up for. Many people are caught out because they do not read the fine print contained within a policy document. Granted, it is not easy to read and retain pages and pages of legal jargon printed in a very small font. However, in order to ensure that you are purchasing the cover that you require, it is vital that your read this content.

Final words

Purchasing a new/used Toyota can be a time of great excitement. In order to enjoy the benefits of your vehicle, make sure you purchase the right extended warranty to meet your unique requirements.