An extended warranty, also known as a vehicle service contract, covers your vehicle as soon as the dealer`s factory warranty ends. This service agreement is an agreement between you and the supplier to cover all repair and replacement costs. It is similar to the factory warranty, with longer durations. Whether your factory warranty expires or you`re about to buy a new Toyota, you may be wondering if Toyota`s advanced warranty costs are justified. The question is really whether you want to do any repair as it happens or whether you want more financial security. Toyota Care`s Advanced Platinum Warranty offers coverage for your vehicle in different stages up to 10 years/125,000 miles. Toyota recommends considering this coverage if your vehicle is less than three years old and has less than 36,000 miles of vehicles. .