All things warranty (please post all warranty-related questions here) - Page 8 - BMW M5 Forum and M6 Forums
E60 M5 and E61 M5 Touring Discussion 2005- Advertiser's Forum

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post #71 of 409 Old 25th November 2012, 12:23 AM
JCancio
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Quote:
Originally Posted by mdyaman View Post
For those who have questions about BMW's extended warranty plans, they have different coverage levels based off if your car is, or is out of the original warranty period (4 yrs/50K miles).

**I have BMW's extended warranty Platinum level, which is their top tier coverage. So far it's paid for replacing the SMG clutch position sensor, front bushings, and some other items.

**I paid $4991 for an additional two years / up to 100K miles.

**The advantage is that it's a BMW backed warranty, works at every BMW dealer, and there shouldn't be any arbitration (none that I've experience at least). The disadvantage is that it is only honored at BMW dealerships and does not allow you the flexibility to take your car to an Indy shop. 3rd Party warranties are more flexible and if your Indy shop accepts the insurer, you can take it to places of your choosing, including BMW dealerships. However, depending on the warranty company, they may have to have a claims adjuster come visit and the process can be a bit long (so I've heard and seen people gripe about on this board). More often than not, it's just a quick phone call from your Service Dept to the insurer.

This chart below depicts coverage for in/out of warranty (I think M cars are either category D or E - I forget which):


For buying a warranty for cars still in original warranty period, there are three coverage levels:

Powertrain
Gold
Platinum.

Each level provides varying coverage, the platinum being the most comprehensive. However, none are all inclusive as the original 4 yr/50k warranty.

Powertrain is minimal, covering major mechanical components, and is pretty much the equivalent to BMW's CPO program (so I've been told).

That said, Platinum is an exclusionary warranty and items that are not covered are listed in the contract. Warranty booklet and sample contracts are attached in PDF form.

Pics of Contract listing items excluded:





Prices vary from dealer to dealer. Each dealer tries to mark up the warranty costs. The best thing to do is shop around and pit dealers against each other to drive costs down.

Also, here are threads discussing BMW's warranty with input from members such as Bruce M, myself, and others
https://www.m5board.com/vbulletin/e60...ml#post2325624
https://www.m5board.com/vbulletin/e60...ml#post2360815
https://www.m5board.com/vbulletin/e60...od-true-2.html

Wait, maybe I am reading this incorrectly but is your information showing that once your car is out of coverage for both the standard bumper to bumper warranty and also the all inclusive (excluding tires) maintenance plan than all that BWM offers is a powertain warranty? That is not what I was told by the seller and was one of my main points in deciding what car to purchase.

I guess I need to do some more in to depth reading and research to fully get a grasp on what is available and what will and wont be covered once a cars' factory plans are exhausted.

Thank you for the information and links that you posted.

J.
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post #72 of 409 Old 25th November 2012, 02:32 AM
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Quote:
Originally Posted by JCancio View Post
Wait, maybe I am reading this incorrectly but is your information showing that once your car is out of coverage for both the standard bumper to bumper warranty and also the all inclusive (excluding tires) maintenance plan than all that BWM offers is a powertain warranty?
Unless something has changed, then correct, once out of original warranty, only powertrain plus is available. That was one of the reasons that prompted me to buy an extended warranty while my car was still under the factory warranty.


Quote:
Originally Posted by JCancio View Post
That is not what I was told by the seller and was one of my main points in deciding what car to purchase.

I guess I need to do some more in to depth reading and research to fully get a grasp on what is available and what will and wont be covered once a cars' factory plans are exhausted.

Thank you for the information and links that you posted.

J.
you're welcome. That's what M5board is for. A lot of salesmen are clueless on BMW's warranty policy, some will say whatever to make a sale. It's not the end of the world though, there should be some reputable 3rd party warranties available that Bruce M seems to be knowledgeable about. Best thing to do is talk to the BMW dealership's warranty salesman. Some dealerships have a specific person that do warranty sales, such as the dealership I frequent.

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

Current: 2008 e60 DINAN
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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.


Last edited by mdyaman; 25th November 2012 at 02:44 AM.
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post #73 of 409 Old 26th November 2012, 08:59 PM
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Hello All

I am in the market for a new warranty. My current 3rd party is due to expire in the next month.

I have looked at the BMW Insured Warranty and have had a decent quote £890 for the fully comprehensive warranty. I spoke to BMW Insured and the salesperson was a little sketchy in the details he provided.

A few simple questions were asked to the sales person "what is covered" reply " everything except Serviceable parts.

What i was more interested in was weather the policy would cover the Vanos, SMG Pump, SMG Release Bearing, the usual suspects with the E60 M5. Reply was " the policy covers everything"

I found the following on there website:

Comprehensive Insured Warranty covers your BMW's mechanical and electrical components for defects that may arise - with the exception of those items specified below:

Batteries, all exhaust components (except Catalytic Converter), brake and clutch facings, discs and drums, bulbs and fuses, channels and guides, weather strips and seals, handles, hinges and check straps, trim, upholstery and cosmetic finishes, wheels and tires, wiper blades and arms, glass, auxiliary drive belts, coolant and fuel hoses, the cleaning or adjustment of any component, all service items which will require periodic replacement and any item that has worn out rather than suffered from a defect.

I have highlighted the word defect, defect does not mean failed. So for example, if my Vanos oil lines were seeping oil causing the pressure to fall in Vanos, I would say the Oil lines are defective, but have not failed. Now would this mean that the replacement would be completed under the warranty??

Further to this I have highlighted the last sentence. Could all the usual E60 M5 problems (VANOS SMG Pump blah blah blah) be covered in this.

They also have the following:

"Any item that has worn out rather than suffered from a defect"

Could you then argue that the oil lines have worn out and so are not covered???

I am trying to find out what BMW state Re these items, if they are components that need periodic replacement or if they should in theory last the lifetime of the car. As you can imagine not an easy task as yet.

I am extremely sorry for the ignorance and crap example i have provided but i am trying to figure out if i should go ahead with this or just leave it. My vehicle is a 06 with 57000 miles and full service history.

As always any and all feedback much appreciated....

P,s is an exclusionary warranty available in the UK, if so with whom???

Regards

Last edited by jut2nv; 26th November 2012 at 11:14 PM.
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post #74 of 409 Old 29th November 2012, 02:58 AM
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So I got the car from BMW and I didnt get a warranty...I heard about them not honoring the warranty with mods done from a service guy around my age that seemed 'cool'....thats why I've not bought one yet. However, I WANT one...but I want mods as well, so here I sit.

Here in Toronto Ontario they're touting "coverage one" as the warranty provider and service is done at bmw from what i recall...the Ultimate plan, which is the only one they offer and subsequently 'the best' or highest level of warranty apparently.


This is the thing...I've been told that headers and exhaust MAY void the warranty as seen copied below...I'm waiting on a yes or specific no.


As well, I have 62 thousand kilometers, 80 thou kilometers is 50k miles. She told me the price is firm until 80k kilometers.

I wonder if I could buy a warranty in the states if they would honor it here in canada? Would a dealer in the states sell me one if I didnt buy the car from them? is that even recommendable? do they cover issues with modded cars? (ie Exhaust, headers, chip tune, pulleys, rpi scoops etc)??





Coverage One Extended Warranty

USED, CLASS 4, 60-80km
24 months
24/24
24/40
24/60
$50 Disappearing
$3,637
$4,553
$5,698
$100
$2,991
$3,642
$4,454
$200
$2,608
$3,100
$3,715


Hi Rick,

Please find attached price list and information on Coverage One Extended Warranty.Please note if you select the $50 deductible and bring your vehicle to BMW Toronto for servicing, this $50 is waived, essentially acting as a zero deductible.

You can also check the website for coverage one – Ultimate Plan (https://www.coverageone.ca/mic/uwc/jsp/news.jsp)
Ultimate: Maximum coverage! Virtually every mechanical part on your vehicle is covered except for those excluded under the General Provisions section of the agreement. Examples of covered parts include:



  1. ENGINE
  2. TURBOCHARGER/SUPERCHARGER
  3. TRANSMISSION
  4. TRANSFER CASE
  5. DRIVE AXLE
  6. STEERING
  7. BRAKES
  8. AIR CONDITIONER
  9. ELECTRICAL
  10. FUEL DELIVERY
  11. FRONT AND REAR SUSPENSION
  12. COOLING
  13. ENHANCED ELECTRICAL
EXAMPLES OF NON-COVERED PARTS INCLUDE:
Carburetor, battery, shock absorbers, struts, manual transmission clutch assembly; glass, lenses, headlamps, light bulbs, fuses, upholstery, cup holders, paint, bumpers, body sheet metal, etc? Also, maintenance services and parts described in the owner's manual which include, but are not limited to: alignments, adjustments, cleaning, wheel balancing, tune-ups, spark plugs, spark plug wires, glow plugs, hoses (except steering and air conditioning), drive belts, timing belts (if not replaced at manufacturer's recommended maintenance interval), brake pads, brake linings/shoes, etc?
Please see our agreement for details.

As with every level of coverage, included with Ultimate are:
  • RENTAL
  • TRIP INTERRUPTION
  • TIRE ROAD HAZARD
  • TOWING / ROADSERVICE
  • LOST KEY /LOCKOUT






Please let me know if you have any questions.


and this...

I’ve confirmed with Coverage One the following:

Seals & gaskets – covered
Clutch – maintenance item, not covered
Vanos – covered
SMG Pump – covered

Aftermarket headers and aftermarket exhaust could void warranty.

Please let me know if you have any further questions.

thats all I have...any advice is very much appreciated.
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post #75 of 409 Old 29th November 2012, 03:04 AM
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I or anyone else in the USA can sell you a plan that will cover your car in Canada. But mods like the ones you are discussing are not covered by any extended warranty company unless BMW themselves approves of the mods. Will you get found out? Who knows. But it definitely will violate the contract you sign with the warranty company.

Bruce

Last edited by Bruce M.; 29th November 2012 at 03:05 AM.
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post #76 of 409 Old 29th November 2012, 03:37 AM
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anyone ever heard of or had an experience with a warranty company called safe-guard? Says they do cover an E60 M5.
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post #77 of 409 Old 29th November 2012, 04:43 AM
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post #78 of 409 Old 29th November 2012, 04:46 AM
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Quote:
Originally Posted by horse86 View Post
Bruce I sent you an e-mail on an insurance inquiry a week or so back.

-Justin
I am buried in emails and very far behind, can you please re-send?

Thanks.

Bruce
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post #79 of 409 Old 29th November 2012, 04:29 PM
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Quote:
Originally Posted by Bruce M. View Post
I or anyone else in the USA can sell you a plan that will cover your car in Canada. But mods like the ones you are discussing are not covered by any extended warranty company unless BMW themselves approves of the mods. Will you get found out? Who knows. But it definitely will violate the contract you sign with the warranty company.

Bruce

so in theory....if I got a warranty...and the vanos or smg pops...I could in theory remove the exhaust and put the stock one back on and off she goes for warranty work?

thanks Bruce

Last edited by Dally; 29th November 2012 at 04:30 PM.
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post #80 of 409 Old 29th November 2012, 04:37 PM
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