Warrany almost up... stressed.
08-19-2009, 05:01 AM
#11
Members
Join Date: Jul 2009
Location: Atlanta, GA
Posts: 227
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by or_550i' post='981684' date='Aug 19 2009, 01:07 AM
From the research I did, you would have to buy the top of the line warranty for it to cover 'electrical' components like the iDrive. The warranty my dealer was selling that would cover electronic components was $5k.
I could not prove to my self that the warranty was worth it. I'm planning on saving $1k per year for repairs.
I could not prove to my self that the warranty was worth it. I'm planning on saving $1k per year for repairs.
08-19-2009, 06:48 AM
#13
Contributors
Join Date: Apr 2006
Location: Northern NJ, USA
Posts: 1,102
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2011 M3 Convertible, Alpine White/black, 6 speed
2011 535xi Tasmin Green, Venetian Beige
Originally Posted by jdloaner' post='981369' date='Aug 18 2009, 08:46 PM
So this being my 3rd BMW (E46 330 and E36 M3 prior to current 550) I am nervous about the warranty ending in January as we all know if that iDrive decides not to light up one morning, kiss a good chunk of your paycheck goodbye. I have a 2006 550 with 32,000 miles and of course the warranty ends RIGHT in January (why couldnt it have been purchased in like November or something?). How should I handle the situation from here? Let it ride for a while? Buy the warranty from BMW right before mine is up?
I feel like my car has pretty low miles, and it is in mint condition, so I'm not super concerned with anything dying soon but you never know. What are the warranty's through BMW like? Cost? Coverage compared to current? Are there other options or other companies that offer better? Do I need to purchase before mine ends or anything like that?
Sorry for the 20 questions but I just need some other views on how to handle this and what it is worth doing in 4 months when my warranty is up
Thanks!
I feel like my car has pretty low miles, and it is in mint condition, so I'm not super concerned with anything dying soon but you never know. What are the warranty's through BMW like? Cost? Coverage compared to current? Are there other options or other companies that offer better? Do I need to purchase before mine ends or anything like that?
Sorry for the 20 questions but I just need some other views on how to handle this and what it is worth doing in 4 months when my warranty is up
Thanks!
08-19-2009, 08:34 AM
#14
Contributors
Join Date: Sep 2007
Location: Encino, CA
Posts: 1,712
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 04 545i - Titanium Silver/Black, Sport pkg, Comfort Seats w/ Lumbar, Premium Sound, power rear sunshade, Adaptive Xenon Headlights, Steptronic, Park Distance Control, Fold down rear seats w/ski bag, Aux jack, 6-disk changer, puddle lamps...
Engine: Custom Remus cat-back exhaust w/chrome square tips, K&N Air Filter, Charcoal Filter Removed, Sprint Booster :-), 50/50 mix of 91+100 Octane, EuroRev ECU Remap (coming soon lol), Dinan High-Flow Throttle Body (coming soon...maybe lol)
Interior: Portable Sirius Stilletto 100 w/car kit, Garmin Nuvi 680 mounted below rear-view mirror, LCI-style I-drive knob, Dark Poplar Center Dashboard Trim.
Exterior: E60 forum clings, 5% rear tint, ACS roof spoiler (painted black for distinct look against limo tint), ACS trunk spoiler, ACS add-on front spoiler and rear apron (awaiting installation), "18 Black Staggered BeBeS Style OER (emergency replacement for cracked sport 124 rims), black kidney grill, white accessory lighting (including license and trunk lamps), Angel-eye upgrade, AIB xenon-matched fog lamps, AIB V3's on order, red rear reflectors
Originally Posted by Speed_Force_E60' post='981696' date='Aug 18 2009, 10:17 PM
I just purchased my extended warranty today at the BMW dealership.
Got it through a third party "Fidelity". Anyways, it cost $2900 which covers almost everything from electrical issues to transmission/engine seals and suspension.
I paid $290 up front and making $145 payments for 18 months. 0% interest... not a bad deal if you ask me
Got it through a third party "Fidelity". Anyways, it cost $2900 which covers almost everything from electrical issues to transmission/engine seals and suspension.
I paid $290 up front and making $145 payments for 18 months. 0% interest... not a bad deal if you ask me
I've been covered by Fidelity Warranty Services for quite some time. They've been very good when it came time for repairs (water pump, gaskets, tranny seal failure, passenger restraint issues, yadda yadda).
08-19-2009, 08:37 AM
#15
Senior Members
Join Date: Sep 2008
Location: Calgary ab
Posts: 545
Likes: 0
Received 0 Likes
on
0 Posts
DONT STRESS!
ive driven my 04 545i for over a year with NO warranty!
And on top of it all, it has a build date of 11/03...First years are never supposed to be good!
Thank god all ive had to do is a clutch
ive driven my 04 545i for over a year with NO warranty!
And on top of it all, it has a build date of 11/03...First years are never supposed to be good!
Thank god all ive had to do is a clutch
08-19-2009, 10:30 AM
#16
Contributors
Join Date: Oct 2008
Location: Los Angeles
Posts: 2,585
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by advancedlogic' post='982087' date='Aug 19 2009, 11:34 AM
I've been covered by Fidelity Warranty Services for quite some time. They've been very good when it came time for repairs (water pump, gaskets, tranny seal failure, passenger restraint issues, yadda yadda).
08-19-2009, 10:40 AM
#17
Contributors
i don't know the co. but the warranty offered by weber bmw covered everything all the way to 100k for only 1900$ which i thought was pretty good!
08-19-2009, 10:51 AM
#18
Contributors
Join Date: Sep 2007
Location: Encino, CA
Posts: 1,712
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 04 545i - Titanium Silver/Black, Sport pkg, Comfort Seats w/ Lumbar, Premium Sound, power rear sunshade, Adaptive Xenon Headlights, Steptronic, Park Distance Control, Fold down rear seats w/ski bag, Aux jack, 6-disk changer, puddle lamps...
Engine: Custom Remus cat-back exhaust w/chrome square tips, K&N Air Filter, Charcoal Filter Removed, Sprint Booster :-), 50/50 mix of 91+100 Octane, EuroRev ECU Remap (coming soon lol), Dinan High-Flow Throttle Body (coming soon...maybe lol)
Interior: Portable Sirius Stilletto 100 w/car kit, Garmin Nuvi 680 mounted below rear-view mirror, LCI-style I-drive knob, Dark Poplar Center Dashboard Trim.
Exterior: E60 forum clings, 5% rear tint, ACS roof spoiler (painted black for distinct look against limo tint), ACS trunk spoiler, ACS add-on front spoiler and rear apron (awaiting installation), "18 Black Staggered BeBeS Style OER (emergency replacement for cracked sport 124 rims), black kidney grill, white accessory lighting (including license and trunk lamps), Angel-eye upgrade, AIB xenon-matched fog lamps, AIB V3's on order, red rear reflectors
Originally Posted by Speed_Force_E60' post='982198' date='Aug 19 2009, 11:30 AM
Al, did you purchase the platinum, gold or silver warranty?
08-19-2009, 04:36 PM
#20
Members
Join Date: May 2008
Location: 32 miles North of Dallas, TX
Posts: 93
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: See signature
My '05 545i had 48000 on it when I bought it in a private transaction. Knowing the owner (a relative) and history of the car, and the fact that I doubt that I will put even 8000 miles per year on it I chose NOT to get an extended warranty. The time limit would run out before I put enough more miles on it to expect something really major to happen - at least that is what I am betting on. The money I save will go a long way toward most repairs I expect to encounter short term.
If a car has a poor history or one puts a lot of miles on a car or drives it "hard", then an extended warranty really makes sense. Each person's circumstances and needs will vary.
If a car has a poor history or one puts a lot of miles on a car or drives it "hard", then an extended warranty really makes sense. Each person's circumstances and needs will vary.