shikataganai said:
CarMax's warranty is legit. They will pay. Look up Doug DeMuro's travails with a Range Rover for an illustration of this.
That said, a good price on a Toyota Platinum VSA will be cheaper than the comparable MaxCare plan, so why not just go with Toyota?
Nobody is disputing, or even suggesting that CarMax doesn't have a reputable warranty. I'm confident any traditional (oil burning) car is well taken of.
I'm equally confident that somehow there are exclusions in the warranty that would seriously impact things that go wrong on a RAV4 EV.
So, as soon as somebody has a drive motor ($15k) or high voltage battery ($36k) replaced by the CarMax warranty, then I'll believe it. Any insurance would just TOTAL (write-off) the car when faced with that kind of bill.
Plus, adding yet another party into an already somewhat convoluted warranty process that involves three parties today (Tesla, Toyota USA, and the privately owned Toyota dealer) doesn't sound wise.
Finally, would CarMax replace my whiny motor (probably the number one repair on the RAV4). I doubt it... it would have to outright fail, which may not happen until well outside the stated warranty period.
The Toyota Platinum warranty is about as rock solid (and PROVEN to be so) as any warranty product you could buy. It is essential for peace of mind when operating these cars.
When we all have cars that are 7-10 years old, and outside any warranty, and that first large repair bill comes, most people will just sell the car "as-is". My brother just did this with a diesel pickup that destroyed the motor. The repair bill was greater than the value of the car, so it was cheaper to give it away and buy something different.
Anyhoo, my advice as always is to stick with Toyota for this very unique car. Actually, the more I think about it, I can't imagine being out-of-state with a repair shop who knows next to nothing about the car, negotiating with a a warranty manager who also knows nothing about the car.
Save your sanity. The Toyota Platinum warranty is available for all RAV4 EV, whether:
1) "Used" - over 3 year 36,000 miles... may require Toyota inspection, or
2) "New" - any car still covered under its original Toyota vehicle warranty