Do you think it pays to buy an extended warranty? I can get an extended warranty from Gieco insurance co for 7 years 100,000 for $8.00 a month with a $250.00 deductable. Wondering what is a better deal buying it from Toyota or insurance company. I do not know if I will keep the car for 7 years. Then again the warranty from toyota is transferable to new owner. Good retail selling point.