Taking the plunge - Advice needed
#1
Scenario:
I have decided to buy my first BMW, and located one that isright up my alley - 06 525i w/ 44K miles and all the bells and whistles (6sp, nav, hud, premium package, clean carfax) for 24,500 but it is not CPO. :thumbsdown:
Question:
I plan on getting the extended maintenance plan from BMW at around 49,5K and I was leaning towards TwinKindeyGrill.com. Thoughts?
I also want to get an extended warranty on it, but am at a loss - It is my understanding that because I am not the original owner, I cannot get the warranty through BMW. Is this correct? Any recommendations on third party vendors that are reliable w/ good reviews? A good friend of mine is a mechanic and could do the work very cheaply, but I fear the price of parts will be my ultimate demise. I probably drive ~ 15,000 miles/year. The dealer wanted to sell me a third party warranty for 36 mos/100k for $4425, but I think they're screwing me.
Any opinions\experiences\advice are extremely appreciated.
I have decided to buy my first BMW, and located one that isright up my alley - 06 525i w/ 44K miles and all the bells and whistles (6sp, nav, hud, premium package, clean carfax) for 24,500 but it is not CPO. :thumbsdown:
Question:
I plan on getting the extended maintenance plan from BMW at around 49,5K and I was leaning towards TwinKindeyGrill.com. Thoughts?
I also want to get an extended warranty on it, but am at a loss - It is my understanding that because I am not the original owner, I cannot get the warranty through BMW. Is this correct? Any recommendations on third party vendors that are reliable w/ good reviews? A good friend of mine is a mechanic and could do the work very cheaply, but I fear the price of parts will be my ultimate demise. I probably drive ~ 15,000 miles/year. The dealer wanted to sell me a third party warranty for 36 mos/100k for $4425, but I think they're screwing me.
Any opinions\experiences\advice are extremely appreciated.
#2
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Originally Posted by jpfinne' post='549242' date='Mar 22 2008, 08:03 PM
Scenario:
I have decided to buy my first BMW, and located one that isright up my alley - 06 525i w/ 44K miles and all the bells and whistles (6sp, nav, hud, premium package, clean carfax) for 24,500 but it is not CPO. :thumbsdown:
Question:
I plan on getting the extended maintenance plan from BMW at around 49,5K and I was leaning towards TwinKindeyGrill.com. Thoughts?
I also want to get an extended warranty on it, but am at a loss - It is my understanding that because I am not the original owner, I cannot get the warranty through BMW. Is this correct? Any recommendations on third party vendors that are reliable w/ good reviews? A good friend of mine is a mechanic and could do the work very cheaply, but I fear the price of parts will be my ultimate demise. I probably drive ~ 15,000 miles/year. The dealer wanted to sell me a third party warranty for 36 mos/100k for $4425, but I think they're screwing me.
Any opinions\experiences\advice are extremely appreciated.
I have decided to buy my first BMW, and located one that isright up my alley - 06 525i w/ 44K miles and all the bells and whistles (6sp, nav, hud, premium package, clean carfax) for 24,500 but it is not CPO. :thumbsdown:
Question:
I plan on getting the extended maintenance plan from BMW at around 49,5K and I was leaning towards TwinKindeyGrill.com. Thoughts?
I also want to get an extended warranty on it, but am at a loss - It is my understanding that because I am not the original owner, I cannot get the warranty through BMW. Is this correct? Any recommendations on third party vendors that are reliable w/ good reviews? A good friend of mine is a mechanic and could do the work very cheaply, but I fear the price of parts will be my ultimate demise. I probably drive ~ 15,000 miles/year. The dealer wanted to sell me a third party warranty for 36 mos/100k for $4425, but I think they're screwing me.
Any opinions\experiences\advice are extremely appreciated.
I'd say, bank the $4425 and spend it on ensuring good regular maintenance is done while you drive this car. That includes regular fluid changes [brake / cooling/ drivetrain] and replacement of regular wear parts.
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