Thoughts on Extended Warranty and Lexus Luxury Care Plans?

If I only drove 5,000 miles per year then I probably wouldn't do any additional warranty or pre-paid maintenance purchases. Well, I'd have to think about the maintenance because, as serbiansizzlean pointed out, the maintenance is supposed to be time-oriented as well as mileage....but the mileage is certainly the real driver. I wouldn't feel bad holding off on an oil change or other fluid service beyond a 6-month recommendation if my miles are low.
 
Curious where you got the ~$600 average for each 5K maintenance service? Is that something Lexus publishes? From what I hear, maintenance on a Lexus is expensive. I drive less than 5K annually and that was when I had just one vehicle (4Runner). I recently sold it to buy a used basic Tacoma SR5 to pair with my new GX (still waiting). After I reach the 6 year power train warranty, I probably won’t have more than 20K miles on the GX. After the 4 year basic warranty, it’ll probably be only around 12-13K miles. I have to think through it but under my circumstances not sure if I need to buy the extended warranty plan. What would you guys do if you were me? Thanks for the post and info. Very helpful and does get me thinking.
I whipped up a spreadsheet with known service items at each service interval (it's in your manuals) and estimated costs based on my conversations with 2 Service Managers at 2 different dealerships. This was very early in the game when GXs weren't yet being serviced much (around June or July 2024) so the numbers are all estimates, but they should be pretty close.

I'll attach my spreadsheet and the actual service intervals from the manual to this post.
 

Attachments

  • +Lexus GX550 100k Maintenance Spreadsheet.pdf
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  • 2024 GX550 Scheduled Maintenance.pdf
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I'm not buying pre paid maint

I never had to do any maint on my tesla and the Lexus GX is -THREE- years newer, I'm sure they've made even more advancements in that time, rather keep that 600$ in my pocket to spend on onlyfans
 
I whipped up a spreadsheet with known service items at each service interval (it's in your manuals) and estimated costs based on my conversations with 2 Service Managers at 2 different dealerships. This was very early in the game when GXs weren't yet being serviced much (around June or July 2024) so the numbers are all estimates, but they should be pretty close.

I'll attach my spreadsheet and the actual service intervals from the manual to this post.
Awesome! Thanks for sharing. After year 1, I’ll likely do my own oil change at 6 months and then bring it in at 12 months. This assumes I drive it 3-4K annually. Anyone who wants to buy an extremely well cared for GX OT+ with VERY low miles 8-9 years from now, give me shout!! 😂
 
If I only drove 5,000 miles per year then I probably wouldn't do any additional warranty or pre-paid maintenance purchases. Well, I'd have to think about the maintenance because, as serbiansizzlean pointed out, the maintenance is supposed to be time-oriented as well as mileage....but the mileage is certainly the real driver. I wouldn't feel bad holding off on an oil change or other fluid service beyond a 6-month recommendation if my miles are low.
I only took my 2016 4Runner LTD in once a year to the dealership since I was only driving about 5K annually. Never had a single issue. Of course the 5th gen is built like a tank. I may try to do the same with the new GX but of course it’s a new gen with lots of new tech. Engine has been around a few years. Anyway I have options but I’m confident that if I put less than 5k on it annually, I won’t have to incur the normal maintenance cost that the average GX owner will incur. Will definitely change the oil on my own at 1K. I forget who posted it on this forum, but he gave detailed step by step instructions. I have it saved somewhere. Thankful for that. Thankful for this forum!
 

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