I am also in the market for an extended warranty for my 2006 M5 w/ 39XXX miles on it. I have been quoted the following as of 5/10/13. This is an exclusionary plan backed by "Marathon Administrative Co" of our O'Fallon, IL. I have never heard of them before but then again I just started browsing for a warranty. I did email Bruce a few times and talked to him once but with his busy schedule, I couldn't get a reply from him! Anyways, here are my findings:
THIS PLAN IS THE BEST EXCLUSIONARY BUMPER-TO-BUMPER COVERAGE AVAILABLE.
Warranty Offered By: Auto Advantage Inc.
Underwriter: This coverage is directly underwritten by Amtrust Group ("A/Excellent" rated by AMBest) for the highest level of financial security
Auto Advantage Inc. offers you many benefits our competition can't promise including the following...
* Extended Warranties direct to consumers and dealerships nationwide at wholesale prices has been our business since our inception in 1979.
* We offer only Premium, Top-Rated vehicle Warranties.
* No Gimmicks, No Coupons and No Up Selling tactics, ever!
* Our high volume and low overhead allows us to offer the LOWEST PRICES RIGHT FROM THE START for the most comprehensive coverage available for your vehicle.
* Our company is owned and staffed by Warranty Experts, Not Salespeople or Telemarketers.
* We understand the three most important words "Yes, It's Covered"!
PLEASE PRINT THIS E MAIL!
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. # RYBC530401000 (12)
Exclusionary Bumper-To-Bumper Coverage
$100.00 Deductible Per Repair Visit
3 Year/ 75,000 Total Odometer Miles- $4,245.00
3 Year/100,000 Total Odometer Miles- $4,965.00
4 Year/ 75,000 Total Odometer Miles- $4,720.00
4 Year/100,000 Total Odometer Miles- $5,340.00
5 Year/ 75,000 Total Odometer Miles- $5,020.00
5 Year/100,000 Total Odometer Miles- $6,040.00
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:
* 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.
(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
Auto Advantage Inc.
Anyone ever deal with Hal over at Auto Advantage Inc? He has been super in getting back to me with all of the questions.
I am not sure if forking up $6K on a 7 year old car is worth it? After doing tons of research I found that the most common thing to go on the E60 is the "SMG Hydraulic Pump" (which I don't think anyone covers anyways, and the clutch and the flywheel assembly and other misc parts) BTW: Any advise on where to source these parts from? Dealer wants big money for them.
Also, the VANOS issue and I saw a thread which mentioned a Recall but I never got the letter and my dealership has never mentioned anything over the past few years. Even though I always ask whether there is any sort of a recall on my vehicle! Has anyone gotten the VANOS issue covered under extended warranty? If yes, then please refer the name of the company and the seller.
Please contact me with any warranty information at: [email protected]