Just got off the phone with Midwest Toyota... They had a price increase on the 15th. A 7yr 100K 0 deductible warranty is now $940.00. Something about Toyota was not taking into account the Hybrid. The manager was very professional and polite. They also offer the service agreement for $630.00. My local dealer wanted $995, but of course they also wanted $1600 for the warranty which was from Old Republic ( A very good company but not Toyota). Does anyone else have any updates or more current prices for warranties?

 

They also offer the service agreement for $630.00.

Please explain to us what you mean by "service agreement".

If you are referring to service intervals, can you please tell us the details?

(how many oil changes, does it include other stuff like tire rotation, etc)

 

The "Service Agreement" is for all the scheduled services up to and including the 45k service. 5K oil changes, 15, 30 & 45K major service. I am not recommending only mentioning the fact. I realize some people like to do their own service or have a shop they are comfortable with, but if you have an extended warranty it is one way to help ensure there are no problems with "all services" being done.

 

They must be expecting that the Hybrid is more expensive to repair (or more likely to be in need of repair). Interesting... I wonder what caused them to think of that.

 

Even though the Prius has been out a while it's still a bit of an unknown. You have most of the components of a regular car plus the hybrid components. Yes I know you have no starter, alternator, torque converter, etc. but you have a tremendous amount of new and different components as well as a tremendous number of "black boxes".

It's also a marketing thing. They can charge more because of the unknowns, even if it's just as reliable. Plus the unknowns get people nervous, so they'll be more willing to shell out the $$$.

 

Does the extended warranty include roadside assistance?

 

I believe it does...

 

Well I just did it... Called up Midwest and bought the following;
7yr/100k $0 deductable Platnium Warranty for $990
4yr/55k service plan for $670

 

I'm wishing that I had jumped at those $600 dollar prices! But that is still better than the $1800 my dealer quoted when i bought the car.

 

Me too ...only difference is that I signed up for the "classic" maintenance plan which was $360. I was told that the only difference is that it doesnt cover tire rotation.