Warranty Really Worth It ( Your Perspective )

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Jan 6, 2008 | 11:23 AM

n0odlez714

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Hey guys, a friend of mine is planning to buy a 525I has about 72k on it.

Hes trying to fingure out if its worth getting an exteneded warranty for 2k dollars for another 50k miles, or 2 yrs. From a company called GE. Pretty much covers almost everything.

Or is the 525I pretty reliable as for as breaking down. Thanks alot for reading this and posting your comments. Thanks guys

Jan 6, 2008 | 12:09 PM

EBMCS03

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From: So Cal, USA

My Ride: 545iSMGSilver GrayAuburn Dakota LeatherLogic 7 Premium SoundSports Package

For 2K thats not bad... but I would be highly suspicious if it covers "everything" Read the fine fine fine print... even BMWs own personal extended warranty has some electronics like iDrive and software updates that are not covered... but I've heard people were able to get them covered... so really check to make sure the GE coverage does indeed cover stuff like iDrive and software updates... thats where most problems occur, software...

I've been thinking about the extended warranty myself... but BMWs 2 years 50K miles warranty is about $3K... so thats kinda steep, still more thinking for me...

Jan 6, 2008 | 12:50 PM

calpalmer

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My Ride: 2008 Space Gray 550i, Light Poplar Wood, Anthracite Head Liner, Sport Package, Sport Automatic Transmission, Cold Weather Package, Front Ventilated Comfort Seats in Black Nasca Leather, NAV, HUD, Active Steering, Comfort Access, Night Vision, Lane Deviation Warning, Active Cruise Control, Heated Rear Seats, Folding Rear Seats, Power Shade w/ Rear Side-Shades, Rear Air Bags, Logic 7, HD Radio, Sirius Satellite Radio, iPod/USB Adapter. Car in BMW Body Shop, estimated completion 01/24/07.

Quote:

Originally Posted by n0odlez714' post='514430' date='Jan 6 2008, 12:23 PM

From a company called GE.

Got a chuckled out of this ....... GE = General Electric = one of the world's oldest and (at one time not too long ago was the world's) largest corporations. I suppose most people know this, but I sometimes realize folks residing other than in the US and/or substantially younger than me bring a different perspective... Usually I don't (realize), however.

As was said, GE or otherwise, read the fine print. There'll be lots of exclusions and exceptions I'd imagine. Good luck,

Cal

Jan 6, 2008 | 06:48 PM

pinguhk

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From: Hong Kong

My Ride: Mini Cooper

were are you from?
I know that your quote is not from the dealers and for me in HK I never the the an exteneded warranty from the dealer.
if you are in UK try these
http://www.warrantydirect.co.uk/motor_warr...996775771469442

Jan 13, 2010 | 03:13 PM

VTGT

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From: Alexandria, VA

Bumping a very old thread but I figure I might as well sense it is the same question I have.....

Anyways, I have the chance to get a GE Fully comprehensive warranty. Does anyone know if it is worth it? Used it without trouble? Scam?

I am getting either a 2006 or 2007 M5 but I want to make sure this warranty will actually cover the Electronics, SMG, etc. in the M5

The guy I am buying the car through says a lot of his clients have bought the warranty and have had no trouble using it at BMW dealerships.

Thanks for any insight or thoughts you have.

Here is a link to the 5 Star Warranty https://www.warrantysolutions.com/autowarra...brchrer0306.pdf