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E60 M5 and E61 M5 Touring Discussion 2005- Advertiser's Forum

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post #171 of 407 Old 13th June 2013, 11:16 PM
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Originally Posted by Greg T View Post
Well, none of the credit uniions in my area sell the warranty, even though they deal with CUNA. I guess I'll go back to Costco, Fidelity or Zurich for pricing. They were all in the $5K area. Costco even had a 6 year/60K miles.
After spending a couple weeks looking for a warranty, I ended up buying at Costco (Century Warranty Services). Others I looked at hard were Endurance (actually bought it, then cancelled), Pinnacle Automotive Protection, Warrantech (sold by a couple different companies) and a couple more. I heard from others that Zurich either doesn't cover the M5, or that it would be incredibly expensive- don't know which is the case. If I had not gone with Costco, I probably would have still cancelled Endurance and gone with Pinnacle.

I chose Costco primarily because it had fewer and more owner-friendly exclusions, had the best term for me (6 years/60k additional miles), and started right away (while the others either required an inspection or had a 30 days and 1k miles waiting period). I am not aware of anything being wrong with my car, but it was nice to avoid the time and expense of an inspection, and not having to drive for 1k miles with my fingers and toes crossed. It also has a 60-day full refund. The downside of my Costco warranty is a $250 deductible. Costco has a $100 deductible option, but it made the warranty crazy expensive (IMO).
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post #172 of 407 Old 19th June 2013, 03:38 PM
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Great information, I have a 2010 with 33,500 miles. I just called Zurich and Costco again and here are the figures they gave me...

Zurich-5 years (the max they will go) up to 100K miles- $5924 with a $0 deductible. $100 deductible was $5499
Costco-6 years/additional 72K miles $6245 with $500 deductible, $7993 with $250 deductible
Costcto-6 years/additional 60K miles $4994 with $500 deductibe, $6326 with $250 deductible

The rates on both companies sky rocket at 35K miles

My original factory warranty is up on September 21st, so I'm I'm planning on getting a warranty at 34,900 miles, lol.
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post #173 of 407 Old 21st June 2013, 01:06 AM
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Hello all,

I've pretty much filtered down my choice of warranties for a 06 M5 with 37K miles. I need expert opinion of deciding the best one, particularly if SMG and clutch/flywheel parts are covered.

1. CustomEdge via Bruce: 3y/36K ~$4100
2. EasyCare Total Care: 3y/36K ~$4500 (via BMW dealer, and salesperson willing to write on contract that SMG, Vanos, and flywheel is covered)
3. Courtesy Insurance (via Costco): 3y/36K ~ $4700 (standard manual trans not covered)

Here's the dilemma. All 3 providers cost roughly the same. All are exclusion policies. What is confusing me is how each word their coverage. For example, Bruce told me upright that clutch/flywheel is not covered, but SMG is because CustomEdge treats it as a pump.

On the other hand, Costco warranty claims that "all related standard manual transmission" components are NOT covered, but nothing in the contract mentions the SMG pump, if it's part of the manual trans. or a separate entity. Is our trans. considered a standard manual? (even though it's electronically controlled). Furthermore, Costco mentions that it will not cover any parts (that are not covered) but resulted due to the failure of a part that is covered. This pretty much means that if the dry bushings in my car fail, and take the clutch with it, that the clutch will not be covered, even though it's a defective item from BMW (which was later revised to include lubricant).

Lastly, EasyCare is being offered via my BMW dealership. While not specifically in the contract, the salesperson (from BMW) is willing to write on paper that SMG pump, Vanos, and flywheel is covered because the rep. at EasyCare said so. Should be skeptical about this? Will EasyCare honor such a claim if it's officially put on paper by the salesperson? (the sales person is not the underwriter obviously)

The good thing about Easy and Costco is that I can pay off in 18m with 0% interest. Bruce doesn't have a plan.

So what do you guys suggest is my best bet? They all cost the same so it's not like cost is even a deciding factor. From the 3 choices given, what warranty gives me the best coverage?

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post #174 of 407 Old 21st June 2013, 01:30 AM
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Buying a modded E60 M5 adding extended warranty?

Hello, I am looking to buy an E60 M5 07+ and I was wondering if I could get some help. I want to know if I get one stock how much an extended warranty would cost me and if I can even get an extended warranty? Also will any of these extended warranties allow some basic bolt ons?
Thanks, Alex.
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post #175 of 407 Old 21st June 2013, 02:09 AM
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Originally Posted by malaka1 View Post
Hello, I am looking to buy an E60 M5 07+ and I was wondering if I could get some help. I want to know if I get one stock how much an extended warranty would cost me and if I can even get an extended warranty? Also will any of these extended warranties allow some basic bolt ons?
Thanks, Alex.
It all depends on the warranty provider. Some will want a pre-purchase inspection before they allow you to purchase their warranty to make sure there aren't any pre-existing problems. I would do research on the board and look for more "mod friendly" companies. There aren't many out there left. And whatever you do, don't post up any pictures that have your license plate showing. A few members have been denied their warranty coverage after.

I suggest contacting Bruce M. he has posted in the sticky thread at the top of the E60 & E61 M5 discussion forum. He sells these warranties all the time at his dealer. I would ask him what he thinks, I purchased one from him for my other car and it's been great.

Evolve Stage #3 E60 M5
-Evolve Stage 3 Header Tune
-De-cat Stock Headers
-Eurocharged Pulley
-RPi GT Exhaust Sec 1-3
-RPi Scoops, BMC Filters, Block Off Plates
-RPi SV1 Oil Cooler
-Dinan Stage 1 Suspension
-Carbotech Bobcat 1521 Brake Pads
-RDSport Sway Bars
-StopTech SS brake lines
-Weisslicht LED License Plate lights and White LED Side Markers
-Republic Wrap Custom Headlights with Orion V4s
-Color Matched Kidney Grills, Matte Black Side Vents
-Sprint Booster V2
-Trinty Autosport Interior LED's
-iND Painted ///M5 Badge
-LCI Tailights w/ Bruce Miranda V6.0
-BSW Center Speaker Upgrade
-Pedal Haus Black Anodized Pedals
-DCT Motorsports CF Steering Wheel
-HRE P40S Brushed Tinted Clear, Wrapped in PSS.
Front: 20X9 (255/35/20)
Rear: 20X10.5 (295/30/20)
-Custom Coding by [email protected]
-Blinder M47 Laser Jammers
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post #176 of 407 Old 21st June 2013, 02:37 AM
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I have never found a company that will warranty any modded parts for a car in my 15 years in the automotive field. I have owned many modded cars over my time and they have had warranty, but that warranty is for the factory components. So if a modded component is used in place of a factory one and it breaks they will cover the costs the replace with the OE component.
This has been my experience up here in Canada anyway.

2008 BMW M5 SMG
2006 BMW M3 SMG
1999 Honda Prelude - on the way to 700whp
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post #177 of 407 Old 21st June 2013, 02:41 AM
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we have an all things warranty thread that is stickied up top of the forum page...

Retired: 2006 e46 ///M3 Silver-Gray SMG (sold)

Current: 2008 e60 DINAN
///M5 Interlagos Blue SMG
DINAN 3.91 Differential, Stage 2 Suspension, Free-flow exhaust, Stage III Software, Front strut braces,
High Flow Air mass meters and intakes, 13% Underdrive pulley, RPI Scoops. 12.5mm TMS Spacers.

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post #178 of 407 Old 21st June 2013, 05:00 AM
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I was hesitant about getting an extended warranty when my factory one was close to expiration due to my mods (look at my signature) but took the plunge with only 80 miles before it reached 50K a few years ago. I went with Easy Care which is what my dealer was selling and they covered every claim I had during that time. I had things like the CAS module and TCU replaced for a battery drain where it took them almost 40 days to find; idle actuator; even things I thought were wear-n-tear items like worn hood shocks and leaking lower control arm. It just boils down to how mod-friendly your dealer or SA is and what kind of relationship they have with the third party warranty company.

2006 M5 Blk/Blk/Alum Fully Loaded
Engine: FAMS Tune | RPI Ceramic Coated Headers + GTS Exhaust w/Gloss Black Tips and Red RPI Logo + Ram Air Scoops + BMC Filters + Block-Off Plates + Pulley + Oil Cooler | Dinan 3.91 Diff | Sprint Booster V2 | Euro SMG LC Tune
Wheels, Susp & Brakes: Neez QD7s 20x9-10 | PSSs | KW V3s | Dinan FRC + Rear Sway Bar + Front & Rear CF Strut Braces | Brembo 380mm BBKs
Exterior: Modified Hartge Splitter | Hartge Diffuser | Vorsteiner CF Trunk Spoiler| Side Skirt Extensions | CF Lower Mirror Covers | CF Side Gills
Interior: RDSport Alum Pedals | Hardwired V1 | BlackVue DR750S-2CH Dash Cams | iPod Integration Kit | BSW Stage 1 Speakers | Earthquakes SWS Subs w/HiFonics Zeus 500W Amp | Flat Bottom Steering Wheel w/CF Trim | AS Designs Red Tachometer
Lighting: LCI Headlights and Taillights Conversion | MTEC V3 AEs | Trinity Autosport Interior LEDs | F10 Style Smoked LED Side Markers
Coded Options: Folding Side Mirrors, Windows and Moonroof w/Remote | Deleted "Accept" Screen | Turn Signals in HUD | Real Speed in OBC Screen | Automatic Heated Seats Controls in iDrive
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post #179 of 407 Old 21st June 2013, 03:26 PM
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moving to warranty sticky....

Recently sold:
2008 ///M5 | Space Gray | Black perforated leather | Aluminum | SMG
M167 wheels, Rogue Engineering exhaust (Section 3), Eibach springs, 12mm front/rear spacers, matte black grill/side gills/trunk badge, painted calipers (black) with ///M decal, body color reflector, 50% 3M tint, V1 hardwire
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post #180 of 407 Old 23rd June 2013, 09:13 PM
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