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A warranty is a product manufacturer or service provider's documented guarantee of quality as promised to a customer. Warranties provide customers with legally-ensured service replacement or correction of issues insofar as the warranty stipulates in its conditions, for the duration of its term.

Toyota's factory warranty provides coverage for repairs or replacements needed due to material or workmanship defects.Wheel alignments and wheel balancing are also covered under the Basic Warranty but only for 12 months/12,000 miles.

What's The Average Extended Car Warranty Cost? Based on our research, the average extended car warranty cost is about $2,550, though it can range from $1,000 to $4,500 or more depending on the plan.

A vehicle warranty is like an insurance plan: If something goes wrong, you take the vehicle to the mechanic's shop for repair. If the problem is included under the warranty, then the repairs are paid foreven if your car needs thousands of dollars' worth of repair work.

However, some factory warranties will cover stress crack repair within the first 12 months or 12,000 miles of use.Finally, wheel alignment, tire balancing, and brake pad/lining replacement might be covered under factory warranty for the first 12 months or 12,000 -18,000 miles depending on the dealer.

Typically the average cost of an extended car warranty would be around $1,800 with a good quality package and after-sales service.

Warranties cover problems the manufacturer considers defects and kick in when a component doesn't live up to reasonable expectations. So, they don't cover damage from accidents, or when using your car in a way the manufacturer didn't intend for it to be used. They also don't cover normal wear and tear.