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

BMW extended warranty for 2010 E60

Thread Tools
 
Search this Thread
 
Old 04-23-2013, 07:05 AM
  #1  
New Members
Thread Starter
 
alboko's Avatar
 
Join Date: Apr 2013
Location: Boston
Posts: 6
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2010 535ix sport
Default BMW extended warranty for 2010 E60

Hello,

I've just bought 2010 E60 with 45K from a non-BMW dealer.

The vehicle is still under manufacturer warranty. Is it possible to buy a BMW extended warranty for this car? Or are only new or certified cars are eligible?

Do I need to bother with extended warranty or E60 at all?

Thanks for any hints and thoughts.

Alex
Old 04-23-2013, 07:33 AM
  #2  
Super Moderator
 
Gene's Avatar
 
Join Date: Jan 2008
Location: So. Cal (SFV)
Posts: 17,508
Likes: 0
Received 3 Likes on 3 Posts
My Ride: 2011.5 Alpine White E90 M3 | Black Novillo Leather | Carbon Fiber Leather Trim | ZCP | ZP2 | M-DCT | Navigation | Moonroof | 6FL Mods: TMS 12.5mm spacers all around l Hawk HPS Brake Pads l OEM M3 Edition Grills l Paint Matched Side Gills l Key Hole D
Default

how many miles and what model/specs? 528, 535, or 550?
Old 04-23-2013, 07:37 AM
  #3  
Members
 
amit1947's Avatar
 
Join Date: Apr 2009
Location: So Cal
Posts: 154
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2010 535i, Sports Package, Nav, Prem Sound
Default

And how much did you pay for your car if you dont mind me asking?
Old 04-23-2013, 10:45 AM
  #4  
Members
 
Black Thunder's Avatar
 
Join Date: Jul 2012
Location: Houston
Posts: 25
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2010 BMW 535i M-Sport Package M Double Spoke 135 Wheels Shadowline Trim Xenon Adaptive Headlights HID LED AE Anthracite Headliner
Default

I purchased my 2010 535i M-Sport from an non-BMW dealer and they offered an extended warranty for it. The price was a bit steep but it is "peace of mind" that I'm purchasing. If you plan on keeping the vehicle for some time, I would recommend that you purchase one. The cost of repair for these machines are higher than others so a little out of pocket now will save alot later in my opinion. Even if you don't use the extended warranty, the fact that it is there just in case is worth it to me.
Old 04-23-2013, 12:15 PM
  #5  
New Members
 
Texas_Vol's Avatar
 
Join Date: Dec 2012
Location: Santa Fe, TX
Posts: 138
Likes: 0
Received 0 Likes on 0 Posts
My Ride: '08 535i Sport
Default

What company is the warranty the dealer is offering? Being an F&I manager, I've dealt with a lot of aftermarket companies.
Old 04-23-2013, 01:19 PM
  #6  
Senior Members
 
tonyb635's Avatar
 
Join Date: Jan 2011
Location: UpState SC
Posts: 2,348
Likes: 0
Received 3 Likes on 3 Posts
My Ride: 2008 535i LCI with sports/premium package, Sports trans with paddle shifters, CF emblems, JB4 Software, Dinan Exhaust, Navigation, M5Tech body kit, Carbon wrap interrior trim and CIC Controller.
Default

If you decide to get a warranty I hear it makes a price difference if you secure this warranty before your current warranty expires.
Old 04-23-2013, 04:50 PM
  #7  
New Members
Thread Starter
 
alboko's Avatar
 
Join Date: Apr 2013
Location: Boston
Posts: 6
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2010 535ix sport
Default

@all: more details and the results of some research:

The vehicle is 2010 E60 535ix premium/sport/automatic black/black with 49Kmiles.

I got it for $27.2K at the action + action fee + delivery. Non-BMW dealer helped for a reasonable fee.

The same dealer offered CornerStone Auto extended warranty (non-BMW, covers pretty much everything but Navigation, entertainment, BT, etc) for another 4y/75K - about $4,5K

I went to BMW dealership today. Here is their respond (official):
- the car is eligible for BMW extended warranty, no inspection required if the original warranty is still on. after that - $200 for the inspection
- Gold coverage (again pretty much everything but navigation/entertainment) for up to 6y/100K (means another 3 years or 50Kmiles for me) - $4.5K

They told me that BMW warranty is no hassle - no extra approvals, same as the original warranty. I'm wondering whether it is true.

Last edited by alboko; 04-23-2013 at 04:53 PM.
Old 04-23-2013, 05:05 PM
  #8  
New Members
 
champaign777's Avatar
 
Join Date: Nov 2011
Location: Chicago
Posts: 203
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2010 550i M Sport
Default

BMW warranty is the best
Old 04-23-2013, 09:25 PM
  #9  
Super Moderator
 
Gene's Avatar
 
Join Date: Jan 2008
Location: So. Cal (SFV)
Posts: 17,508
Likes: 0
Received 3 Likes on 3 Posts
My Ride: 2011.5 Alpine White E90 M3 | Black Novillo Leather | Carbon Fiber Leather Trim | ZCP | ZP2 | M-DCT | Navigation | Moonroof | 6FL Mods: TMS 12.5mm spacers all around l Hawk HPS Brake Pads l OEM M3 Edition Grills l Paint Matched Side Gills l Key Hole D
Default

Originally Posted by alboko
@all: more details and the results of some research:

The vehicle is 2010 E60 535ix premium/sport/automatic black/black with 49Kmiles.

I got it for $27.2K at the action + action fee + delivery. Non-BMW dealer helped for a reasonable fee.

The same dealer offered CornerStone Auto extended warranty (non-BMW, covers pretty much everything but Navigation, entertainment, BT, etc) for another 4y/75K - about $4,5K

I went to BMW dealership today. Here is their respond (official):
- the car is eligible for BMW extended warranty, no inspection required if the original warranty is still on. after that - $200 for the inspection
- Gold coverage (again pretty much everything but navigation/entertainment) for up to 6y/100K (means another 3 years or 50Kmiles for me) - $4.5K

They told me that BMW warranty is no hassle - no extra approvals, same as the original warranty. I'm wondering whether it is true.
you should ask one of the SA's or if you know/have a relationship with an SA (service advisor) what non BMW warranty companies they deal/dealt with and which would they reccommend...
Old 04-24-2013, 04:49 AM
  #10  
Members
 
Dishoom's Avatar
 
Join Date: Jul 2010
Location: Florida
Posts: 139
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2008 BMW 550i Sport
Model Year: 2008
Engine: N62
Default

If you are still under factory warranty (check original in-service date, not just mileage), you can most certainly buy a BMW Extended Vehicle Protection plan. You can roll the dice with a 3rd-party warranty company -- some people have had good results, others not so much. I would recommend buying the BMW warranty for piece of mind. Because it's turbo-charged and AWD, the 535xi has more potential mechanical points of failure than a N/A RWD 5-series...I would def recommend an extended warranty.

You can buy the BMW Extended Vehicle Protection plan from any BMW dealer -- even out of state. I live in Florida, and purchased mine from Pacific BMW in California. I bought the "Gold" coverage for over $1000 LESS than what my local dealer was selling the plan for...plus saved on tax!


Quick Reply: BMW extended warranty for 2010 E60



All times are GMT -8. The time now is 09:33 PM.