E60 Discussion Anything and everything to do with the E60 5 Series. All are welcome!

Anyone have a good extended warranty?

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Old Nov 7, 2010 | 01:27 PM
  #1  
Krav E60's Avatar
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My Ride: 2005 545i Black. Premium, Sport, Winter packages. PDC.
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Been looking for an extended warranty. Anyone have good experiences with Warranty Direct? They seem to be the most reliable when reading reviews from other forums.
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Old Nov 8, 2010 | 07:25 AM
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I'm also interested; coming down to the last 7-8 months/5500miles of factory warranty. It's just so expensive, Warranty Direct wants around $5600 for my 08 550i.
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Old Nov 8, 2010 | 12:45 PM
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Originally Posted by scriber17
I'm also interested; coming down to the last 7-8 months/5500miles of factory warranty. It's just so expensive, Warranty Direct wants around $5600 for my 08 550i.
No extended warranty will ever pay for itself for most people, unless in very rare case.
Put this money in your savings account and use for repairs.
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Old Nov 8, 2010 | 12:57 PM
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www.fidelitywarrantyservices.com

been around for 30yrs, they also pay for car rental...
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Old Nov 8, 2010 | 01:30 PM
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My Ride: F11 535i M-Sport,, Silver, Black Leather, LED Adaptive headlights
Model Year: 2015
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In the UK warranty Direct covers my 05 530D for £350 ($577), seems you have to pay somewhat more.

I have made two claims, both cases got the cheque within 5 days, so far they have paid out double what I have paid in premiums.
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Old Nov 8, 2010 | 02:59 PM
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My dealer threw in an extended warranty with Coverage One for an extra year at the end of the base warranty.It seems to be very comprehensive, with a 50 dollar deductible.It cost him about 3000 CDN.
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Old Nov 8, 2010 | 04:24 PM
  #7  
Krav E60's Avatar
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My Ride: 2005 545i Black. Premium, Sport, Winter packages. PDC.
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Thanks for all the responses guys.
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Old Nov 8, 2010 | 06:32 PM
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My Ride: 2004 BMW 545i 6mt, Titanium Silver, Sport Package, Winter Package
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I would only get the BMW CPO warranty. Or keep the money in a savings account because you will need it.
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Old Nov 8, 2010 | 09:24 PM
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My Ride: 2008 550i. Murdered. Carbon Black. Painted tail lights, M5 trunk spoiler. RS Technik 15mm spacers (rear). Black 172's.
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If I'm not mistaken, if you are still under your factory (4 year, 50,000 miles) warranty you can purchase the 100k warranty for about $2500 (US). It is fairly expensive but when you look at the part they are having the recall on right now (Brake line I believe), that part alone goes for about $1300. Always a gamble but if you have time might wanna put some money aside. I have 31k on my 2008 550i right now and will be purchasing the 100k when the time comes. Good luck!
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