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Discussion Starter #1
What is the best warranty to purchase for my E60 M5?

Choice of warranty programs for my 2006 BMW M5 with 53,200 miles. What one should I purchase? Exclusionary Bumper-To-Bumper Coverage? Or the Premier? Any advice or information would be appreciated. Thanks!

PLEASE LOOK OVER THE FOLLOWING TWO QUOTES AS THEY BOTH OFFER DIFFERENT COVERAGE OPTIONS...Auto Advantage Inc.

THIS PLAN IS THE BEST COMPONENT TYPE BUMPER-TO-BUMPER COVERAGE AVAILABLE.


Thank you for your request for a price quote for an extended warranty. These prices are all for Component Type Bumper-To-Bumper warranties. This is one of the most comprehensive Enhanced Component policies available. Coverage INCLUDES breakdown and failure due to NORMAL WEAR AND TEAR on all covered items. See Policy Details at bottom of E-Mail for coverage details.

Ref. # RYPC500601000 (12)
Premier Coverage
$100.00 Deductible Per Repair Visit
1 Year/12,000 Additional Miles- $2,680.00
2 Year/24,000 Additional Miles- $2,925.00
3 Year/36,000 Additional Miles- $3,140.00
3 Year/50,000 Additional Miles- $3,360.00
4 Year/48,000 Additional Miles- $3,580.00
4 Year/60,000 Additional Miles- $3,815.00
Other Deductibles Are Also Available
Low Down Payment Financing Available
This Coverage Also Includes:
* Towing
* Rental
* Lockout Service
* 24 Hour Roadside Assistance
* One Deductible Per Repair Visit
* All Warranties Are Transferrable & Renewable.

Repairs can be done at any repair shop or dealership in the United States or Canada. Payment will be made directly to the repair facility at the completion of repairs by the warranty administrator's corporate credit card account.


“WHAT IS COVERED"
***Premier Coverage***
Engine: Crankshaft and bearings, oil pump, internal timing gears, timing chain, camshaft, camshaft bearings, valve lifters, rocker arm assemblies and push rods, pistons and rings, wrist pins, cylinders, connecting rods, distributor drive gear, all internal components of engine block and cylinder heads, if damage is caused by mechanical failure of an internally lubricated part. Gaskets and external seals will be covered if their replacement is necessary to complete an otherwise authorized repair. Cracked engine block, cylinder heads, and piston cylinders are not covered. Broken crankshaft is covered if break is caused by either bearings or piston failure. Valve guides are covered only when guide sleeves have not slipped below original Position.

Turbo Charger/Supercharger: All internally lubricated parts due to mechanical failure.

Timing Belt: If Service Contract Purchaser has followed manufacturer’s recommended maintenance intervals for replacement.

Transmission/Transaxle: The internal components of the automatic transmission or manual transmission. Drive chain gears, carrier bearings, and
internal transaxle seal. The manual transmission case and automatic transmission case and torque converter, transfer case, drive gears, forks, bearing thrust washer, bushing, washer, and housing are covered, if damaged by the failure of internally lubricated parts.

Differential Assembly Components (2 & 4 wheel drive): (Front & rear)
differential housing including pinion bearings, side carrier bearings, ring and pinion gears, carrier assembly, washers, axles and axle bearings.

Cooling System: Water pump, thermostat, mixture control valve, overflow
reservoir. Blower motor, heater core, electric radiator fan motor, fan clutch, fan blade.

Fuel System: Mechanical fuel pump, electric fuel pump, vacuum pump, metal fuel delivery lines, fuel tank, fuel sender, pressure regulator, fuel injectors.

Air Conditioning: Condenser, compressor, evaporator, accumulator,compressor clutch, idler pulley, idler pulley bearing, hi/low compressor cutoff switch, pressure cycling switch, cooling fan motors. If the damaged or malfunctioning compressor causes damage to the expansion valve, or receiver dryer, the damaged component(s) will be replaced.

Steering: Internally lubricated parts contained within the steering box and pump housing, including rack and pinion, control valves, internal oil control seals, bearings, and shafts, steering box and pump housings if damaged by the failure of internally lubricated parts.

Brake System: Master cylinder, wheel cylinders, disc brake calipers, ABS master cylinder, vacuum booster, hydraulic lines and fittings, pressure modulator valve, isolation dump valve, accumulator, wheel speed sensors.

Electrical: Alternator, starter motor, front wiper motor, cooling fan motor, heater blower motor, electric horn, clock, switches for the following; neutral safety, overdrive, reverse indicator, power windows, power door locks.

HI-Tech Electrical: Alternator, starter motor, front and rear wiper motor, cooling fan motor, fuel gauge, cooling sender, neutral safety switch, overdrive switch, reverse indicator switch, voltage regulator, distributor, ignition module, ignition coil, starter solenoid, wiring harness, power window switches, door lock switches, cruise control module, power window motors, power seat motors, power door lock actuator and switch, power sunroof motor, mileage computer, electronic instrument cluster, distributor ignition coil, automatic climate control electronic control module, head light switch, convertible top motor, clock, electric horn.

Suspension: Control arms, control arm shafts, bearings and bushings, radius arm and bushing, wheel bearings, stabilizer bar, stabilizer link, stabilizer bushing, spindle, torsion bars, mode selector switch, height sensor computer, control module, actuator.

CV Joints: CV boots must not be torn at the time of failure. Lubricated joint failure only. Universal Joint (U Joint) is not included.

Fluids: Engine oil, power steering fluid, antifreeze, and transmission fluid are all covered items when required during the authorized repair process.

Seals and Gaskets: All seals and gaskets are covered for premature failure on vehicles with up to 125,000 miles at the time of failure.

Hal J. Moses
President
Auto Advantage Inc.
1-800-933-9190


THIS PLAN IS THE BEST EXCLUSIONARY BUMPER-TO-BUMPER COVERAGE AVAILABLE.

Thank you for your request for a price quote for an extended warranty. The price below is for an "Exclusionary" Bumper-to-Bumper warranty. This is the most comprehensive policy available and INCLUDES Covered Breakdowns due to WEAR & TEAR. Just non-covered parts are excluded. (See policy exclusions at bottom of email).

*** Policy starts from the date of policy purchase zero miles.

Ref. # RYBC550601000 (12)
Global Apex Exclusionary Bumper-To-Bumper Coverage
$100.00 Deductible Per Repair Visit
3 Year/ 75,000 Total Odometer Miles- $5,285.00
3 Year/100,000 Total Odometer Miles- $6,310.00
4 Year/ 75,000 Total Odometer Miles- $5,925.00
4 Year/100,000 Total Odometer Miles- $6,805.00
Other Deductibles Are Also Available
Low Down Payment Financing Available
This warranty starts from the *zero mileage and from the *date of policy purchase.
(Example: a 4 Year/100,000 Mile warranty on a 2010 vehicle with 45,000 miles would get you 4 additional years of coverage from the day you purchase the warranty or until the vehicle reaches 100,000 miles.)

This Coverage Also Includes:
* Towing
* Rental
* Lockout Service
* 24 Hour Roadside Assistance
* One Deductible Per Repair Visit
* All Warranties Are Transferrable & Renewable.

Repairs can be done at any repair shop or dealership in the United States or Canada. Payment will be made directly to the repair facility at the completion of repairs by the warranty administrator's corporate credit card account.

For further information please call me at 1-800-933-9190, or email me at [email protected] . If you would like to see a sample contract we be happy to provide one for you. Thanks again for your interest. We hope we can be your warranty source both now and in the future.

Policy Exclusions:
(The parts listed below are not covered. Therefore any part not listed is covered under this coverage per the terms of this agreement):
Normal maintenance, service and parts described in the Vehicle’s Manufacturer’s Maintenance Schedule engine tune-up, suspension alignment, wheel balancing, filters, lubricants, engine coolant, fluids, spark/glow plugs, brake pads, linings, shoes, drums and rotors except when damaged by a covered part. Manual transmission clutch assembly, and manual and hydraulic linkages. Light Bulbs, battery, exhaust system/catalytic converter, safety restraint systems, cellular telephones, video entertainment systems, anti-theft systems, and any equipment not installed by the vehicle manufacturer.

Hal J. Moses
President
Auto Advantage Inc.
1-800-933-9190
 

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IMO the best warranty coverage varies. The important thing is where do you plan on doing your warranty work? If you are going through a dealer talk to their finance department. In my experience you want to work with either A. company that has a high reputation for accepting claims for the type of vehicle you drive. B. the dealer partnership with the 3rd party warranty company. A few years ago when I picked up a used 04 e55 amg I went to the local MB dealer and they advised for Fidelity. I paid 3k for it but they covered close to 20k in repairs within 2 years

And from previous experience I am not sure if Mastertech is still in business. BUT DO NOT BUY COVERAGE FROM THEM! They are not MOD friendly at all. Even if you run plus size tires that are not OEM spec they will void your entire warranty. NO REFUND!
 

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I think the exclusionary is the way to go, I'm not familiar with that company, but go with exclusionary, check with Bruce M on this board to see what he can offer for you, he is great to work with and very knowledgable.
 

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The best warranty boat has sailed (Bmw warranty) if I were you I would consider either Zurich or EasyCare but more than that I would agree with fellow members who suggested you to get advise from your dealer/workshop hearing their experience with the warranty companies
 

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I do not nkow if they sell individual warranties, but CNA warranty company is what Carmax uses and they have been excellent to work with.

-PRK
 

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Discussion Starter #6
More Research

I will look into this and do some more research for other companies that can offer warranties.. Between these two warranties, which one is the better choice? "Kidstoothdoc" recommended to go with the exclusionary offer. Does the premier not cover a lot of items that can go wrong?
 

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I will look into this and do some more research for other companies that can offer warranties.. Between these two warranties, which one is the better choice? "Kidstoothdoc" recommended to go with the exclusionary offer. Does the premier not cover a lot of items that can go wrong?

If I am reading the quotes correctly the exclusionary offer may not be a good fit and could be overpriced. You would be practicaly paying $7k for 40,000 miles of coverage??? Also, the $100 deductible seems to be pretty high. Especially if you are paying premiums close to $7k. I remember with fidelity if I purchased the coverage from the dealer that sold it to me there was ZERO deductible and if I took it to another shop it was a flat $50. I know its just $100 but if you have 6-7 visits for warranty work that $600-$700 out of pocket! and maybe 2 of those repair items could have been less than $100 worth of repairs ( i know sounds unlikely but you never know).

I have no idea what prices are like for the M5 but I would imagine a solid bumper to bumper warranty for 50,000 miles should run between $3k-$5k and at most $50 ded.
 

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I recently picked up a CNA warranty for my e60 M5 as well. Bought it from the finance manager at my dealership, I would agree that working with a warranty company that is recommended by the dealership will reduce the headaches when it comes time for a claim. It also helps to build a good relationship with your SA because often times they can pull some strings for you esp with modded cars. Just my $0.02
 

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I would PM Bruce M on here as this is all he does and he would give you the best information possible.
 

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I use EasyCare no issues so far.
 

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I have been looking to get a E60 M5 soon but still holding off until I get a good hold on whats available for aftermarket warranties. Im afraid that if I wait until spring to purchase a car that my selection of warranties will be very limited & costly. Seems like lots of companies exclude the M5.
 

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New sticky thread for all discussion related to warranties
 

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Spoke to BMW of south county's Finance manager today .
According to him the fidelity Platinum plus coverage is the way to go .
I have an 06 with 56k miles

was quoted $4900 for 2years/24miles $6400 for 3/36k .... and the coverages go up .
Of course they have a gold package but I think the platinum is the way to go .

IMO. way to expensive . I paid $2600 for a 5 year warranty on a my e55 with similar mileage and coverage and that was 2 years ago.
 
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