Extended warranty
So I did a search but did not find what I was looking for. Here's the problem- I love this car too much. Any business trips with associates...I'll drive. Trip to the grocery store...I'll drive. Fancy a weekend away honey...I'll drive.
So, in three weeks I've done more than 3,000 miles. Sat in the dealership having just handed over a six figure check the last thing I wanted to do was pay $3,500 more for an extended warranty. Now, I'm not so sure as the only thing I could ever see myself replacing the beast with is the fifth incarnation which is four years away (and maybe five for me as I will NOT pay markup).
So, some questions;
Who bought the extended warranty? Is it 100,000 miles/8 years? What did you pay (I've heard prices vary by dealer)? Also, can I wait until I reach say 40k and not pay a price penalty?
NB. I'm not interested in a non-BMW warranty as I've heard horror stories. The premium is well worth the peace of mind.
Thanks guys.
So, in three weeks I've done more than 3,000 miles. Sat in the dealership having just handed over a six figure check the last thing I wanted to do was pay $3,500 more for an extended warranty. Now, I'm not so sure as the only thing I could ever see myself replacing the beast with is the fifth incarnation which is four years away (and maybe five for me as I will NOT pay markup).
So, some questions;
Who bought the extended warranty? Is it 100,000 miles/8 years? What did you pay (I've heard prices vary by dealer)? Also, can I wait until I reach say 40k and not pay a price penalty?
NB. I'm not interested in a non-BMW warranty as I've heard horror stories. The premium is well worth the peace of mind.
Thanks guys.
1 - 10 of 10 Posts
Link doesn't work bra
I paid $3,800 for an EasyCare program, 6 years (from date of warranty purchase, not car build date) 100K miles, $200 deductible, $30/day rental reimbursement, maximum coverage offered. I bought the car on 11/24/07 with 18K on the clock (8/06 production date) and I now have 23K, so I figure since the factory warranty is nearly half, the extended warranty is a good investment, especially since I put around 20-22K miles per year. This also includes wheels and tire coverage similar to SafeGuard's Tire/Wheel warranty. I know other friends who have EasyCare on Mercedes and other cars and they have not had any problems.:biggrin:
These guys (see below) sell the "original owner" plan for $4,850 but I think you can do better if you haggle a bit with your dealer.
- Program backing by BMW of North America
- 2 year/50,000-mile peace of mind protection (takes affect at expiration of BMW New Vehicle Limited Warranty)
- Scope of coverage like the Certified Pre-Owned BMW Vehicle Program
- Includes BMW Roadside Assistance
- Use of original BMW new or authorized remanufactured parts
- No vehicle inspection required
Thanks guys. Interesting stuff. The only thing i'm still not sure is if the dealer will penalize me the longer I wait. The finance woman said something of the sort but she was perhaps just trying to ramp up her cut.
FixedLink doesn't work bra
A good read, thanks.Fixed
One unrelated question- What is the key fob shaped thing in my glove compartment. I tried to remove it but it wouldn't budge and I didn't want to pull to hard. I think it's the keyless entry transponder? Also, the back of the glovebox has a flimsy plastic section that folds down. Is that just if I wanted to fiddle with the electrics? The manual doesn't apear to mention any of this.
Be careful that you know who is backing the warranty- the only BMW warranty, historically, has been the Original Owners Plan- this is not a great warranty, more like the CPO coverage.NB. I'm not interested in a non-BMW warranty as I've heard horror stories. The premium is well worth the peace of mind.
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Just because a BMW dealer sells an extended warranty does not mean it is a BMW backed warranty...
A
Hmmm, food for thought. Thanks for the input, I wouldn't have thought of asking that.Be careful that you know who is backing the warranty- the only BMW warranty, historically, has been the Original Owners Plan- this is not a great warranty, more like the CPO coverage.
Just because a BMW dealer sells an extended warranty does not mean it is a BMW backed warranty...
A
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