Personally, if it as true as it seems, I'd jump at it. From other forums - the price of the extended warranty, if buying a new car today (for a LC200) is around $1600-$1700. This price has a small amount of wiggle/negotiation room, so perhaps you can haggle a bit. Yes, if it is FACTORY warranty, then it goes with the car (therefore improving resale). However - I am skeptical. Perhaps it is the pessimism in me - however, I have approached (previously) my dealer, to get the factory warranty extended and they have knocked me back. I was told (and again, it has been relayed similarly on other forums) that Factory warranty can only be purchased at time of buying the new car. There is another warranty, that kicks in (at your option -money involved) which is covered by an insurance company. It has NOTHING (what so ever) to do with Toyota (except, they sell it). So, if an item is found and your Toyota service says that is a manufacturer fault/warranty item, they pass this info on to the insurance company. The company then looks up the records (that they have been given access to by Toyota) and it isn't mentioned, or falls outside of "Toyota guidelines", they won't pay out. It is always the insurance company's discretion (regardless of what Toyota say). My point here is - read the contract before you sign up and hand over your heard earned dollars. If it is a Toyota Factory one, personally, I would jump at it (and pm me which dealer you are using, because I will approach him to get leverage with my dealer). If it the insurance one - read the contract (and imho, I think it would be throwing money away). Of course - you still have some recourse with Toyota, even if out of warranty, if it can be demonstrated that others were replaced under warranty. In the case of the LC200, that would include things like the vacuum pump (for excessive oil usage) the tailshaft (re: the clunk), and the list goes on. You might be hard pressed to claim things under warranty (when outside of the normal period), but there is some argument to be had and it should be 'represented' back up the line, on your behalf. Good luck Regards Geoff (I have a 2008 LC200 TTD)