Extended Maintenance/Warranty
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Does anybody have anything good or bad to say about BMW's extended warranty options. I guess the extended maintenance sells for $1195, and gives you another 2 years/50k miles. The extended warranty sells for $3249, and give you the same timeframe.
How many people have purchased one of these? Which one?
What did you pay?
Have you found that it pays for itself?
Are you glad you purchased it?
Thanks!
How many people have purchased one of these? Which one?
What did you pay?
Have you found that it pays for itself?
Are you glad you purchased it?
Thanks!
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My Ride: 2009 550i sports, Nav, logic Best E60 yet
2004 545i, sports pkg, logic 7 steptronic, rear shade,orient blue with beige interior, blue tooth enabled Razer Phone. 2004 X5 3.0, sports pkg, stepronic, summer pkg. imola red.
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Originally Posted by Stoley' date='Feb 24 2005, 02:29 PM
Does anybody have anything good or bad to say about BMW's extended warranty options. I guess the extended maintenance sells for $1195, and gives you another 2 years/50k miles. The extended warranty sells for $3249, and give you the same timeframe.
How many people have purchased one of these?? Which one?
What did you pay?
Have you found that it pays for itself?
Are you glad you purchased it?
Thanks!
How many people have purchased one of these?? Which one?
What did you pay?
Have you found that it pays for itself?
Are you glad you purchased it?
Thanks!
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I purchased the extended maintenance for my 2004 545i from BMW -- from a purely economic perspective, it was a good trade off since a 4 wheel brake job would probably cost what I paid for the extended maintenance.
However, BMW did NOT offer any extended warranty on any of its cars at that time -- you could only purchase an extended warranty from a third party provider, which creates a substantial risk that some/many BMW dealers would not honor such warranty or exclude most of the important stuff. If BMW (the manufacturer) offered such a warranty, it would be worth looking into depending on the cost (at the time, the dealers were offering a 6yr/72K extended warranty for about $2K).
However, BMW did NOT offer any extended warranty on any of its cars at that time -- you could only purchase an extended warranty from a third party provider, which creates a substantial risk that some/many BMW dealers would not honor such warranty or exclude most of the important stuff. If BMW (the manufacturer) offered such a warranty, it would be worth looking into depending on the cost (at the time, the dealers were offering a 6yr/72K extended warranty for about $2K).
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Yes, that's me!
I have ordered my 545i a couple weeks ago...It will be a March build. I ordered my rear bumper reflectors from Bekkers yesterday![Smile](https://5series.net/forums/images/smilies/imported/smile.gif)
These next couple months are going to be long ones...
I have ordered my 545i a couple weeks ago...It will be a March build. I ordered my rear bumper reflectors from Bekkers yesterday
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These next couple months are going to be long ones...
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Originally Posted by m630' date='Feb 24 2005, 01:34 PM
...if you are in the US, you get 4/50 included, and can extend now to 6/100,? i'd do it if you plan to buy and keep the car....
Just want to add one thing..... There is NO need to buy the extended warranty/service at this time, you can buy it anytime from any BMW dealer prior to the 4yrs/50k is up to do so. It makes NO economic sense to make the purchase at this time. I have better things to do w/ my money for 4 year, and I hope you do too!! <_<
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beewang
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Beewang...I would be VERY surprised if BMW keeps the warranty/maintenance extensions the same for the next 4 years. If they are not making the margins they expect, they will increase the price, or change what the contract covers. I'd bet that in 4 years it would have been less expensive to buy the warranty at today's price - even if I am making 13%+ on my money.
This is why I'm asking how many of you have purchased it, and how many people feel that they got a deal (i.e they would have spent more on maint if they paid out of pocket)
Thank for everybody's input!
545i ti gray metallic fully loaded except no comfort seats. Steptronic.
This is why I'm asking how many of you have purchased it, and how many people feel that they got a deal (i.e they would have spent more on maint if they paid out of pocket)
Thank for everybody's input!
545i ti gray metallic fully loaded except no comfort seats. Steptronic.