In many ways, the Toyota Prius paved the way for hybrid vehicles in the automotive market. The hybrid electric automobile has been manufactured by Toyota since 1997 and has sold over 9 million hybrids since this debut.
Since then, the Prius has continued to evolve over the years in terms of styling and features. For years, drivers have appreciated its quiet, smooth ride and responsive handling. The latest model has more attention to the exterior design with sleeker lines and stabilizing fins added to help with airflow, which allows for maximum fuel efficiency.
Although the Toyota Prius warranty is the same as other models under the Toyota name – 3 years/36,000 miles or 5 years/60,000 miles – there is also coverage on the hybrid-related components good for eight years or 100,000 miles. These components include the HV battery, battery control module, hybrid control module, and inverter with converter.
While the hybrid components have longer shelf life under the manufacturer warranty, what does that mean for repairs that occur after the original basic or powertrain coverage? If the original coverage is no longer valid, a water pump or shock absorber replacement could each equal several hundred dollars to repair*. Since vehicle breakdowns and repairs usually occur unexpectedly, it can cause a financial strain on those who are unprepared.
A vehicle service contract (VSC) can help plan for this kind of future coverage that might be necessary. It’s highly likely that over time, with added mileage, there will need to be a repair performed of some kind. The VSC isn’t an extension of the manufacturer warranty, but it does provide coverage when it has expired. A VSC also comes with other benefits, which may include 24/7 free roadside assistance, free towing coverage, and free rental car reimbursement.
Each plan is customizable for the policy owner’s specific needs and will be dependent on the make, model, mileage, and year of the vehicle. By researching your options and learning about the kind of coverage available, it will help you plan for any unwarranted surprises down the road.
*estimates from repairpal.com
A Vehicle Service Contract (VSC) is often referred to as an “extended warranty,” but it is not a warranty. A VSC does, however, provide repair coverage for your vehicle after the manufacturer’s warranty expires. A VSC is a contract between you and a VSC provider or administrator that states what is a covered repair and what is not.