But won't the BMW dealer charge you??jordantii said:The deductible is only charged if the warranty is used. If they can't find the problem they don't charge you.
Riley6 said:Who provides the best and cheapest 3rd party extended warranty? How is it determined what is normal wear and tear for coverage? For example, would MAFs always be covered under a warranty?
I sure hope the SA wasn't employed by the same dealer who sold it...Hector Lopez said:I just got a 5/75 on my 01 w/31k miles for 3100. No deduct. "Platimnum". I did a lot of research, and even tok all of the information to SA and he says it all looks good. These guys are also one of the few that will cover a California car.
Yeap; it's all the same. The warranty company would reimburse the amount, less the deductible. The customer in turn pays the dealer. In addition if that's not the case, it's a $200 deductible for every repair in Jordantii's situation. There will be many. So, if the dealer cannot duplicate the problem now, then when they do, you will have to pay the deductible. Zero deductible, hands-down.ard said:But won't the BMW dealer charge you??
Can even be worse- they do a diagnostic for $150-200, but can't find the problem, then the warranty company says "no problem, no coverage". You're out $200 not the deductible.
Le3, what company is your warranty with? I'm in Jersey too.Le3 said:When I purchased mine, I got a 4 year 48,000 mile warranty $100 deductible (on top of the 21300 miles it had on it when I purchased it) for about 2900. I absolutely think that it was worth it, you never know what can happen. I wish I had it on my Carrera 4 when I had to reseal the engine due to an oil leak ($5000) after only 8 months of ownership.
It is all about the piece of mind! hiha
Make sure you read the fine print with these warranties. I researched some, and it really looked like you had to jump through hoops to be reimbursed or to be covered at all. Don't just look for the best price, look for the easiest terms to deal with.
ard said:I sure hope the SA wasn't employed by the same dealer who sold it...
That is an interesting warranty as the time begins on the date of warranty purchase- but the mileage is base on total mileage. Not bad for many owners here who are buying (relatively) low mileage cars with 2,3 4 years already on them.
But boy, that's a chunk of change I'd rather put into headers!