View Poll Results: Should I buy it?
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Extended Warranty for M5
12-03-2009, 01:06 PM
#1
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My Ride: E60 M5, F85 X5M
By the time I get home from work, I will have less than 100 miles until my original warranty runs out.
My car's been running fine but I'm worried about Murphy's Law and thinking of buying the ext warranty tomorrow.
My local dealer uses Easy Care and I'm looking at their 3yr, 36K add'l miles, $500 deductable package for about $3450. It was $3850 but the Finance Mgr is giving me $400 off.
Originally I was told by another person on M5Board that was selling ext warranties from Fidelity (I think) and he looked at my mods list and said the adjuster will most likely void my warranty once he looks at my car so I thought I had no option. But when I talked to the Finance Mgr at my local dealer, she said their service would be the one evaluating my car and making claims for me so there's no third party adjuster that needs to get involved. She read the policy and the only thing they explicitly cited was that they wouldn't cover aftermarket CDs, stereo equipment and navigation. My main concern is the tranny.
Anyway, my wife thinks I don't need it.
What do you guys think I should do? Need some feedback by tonight cause I have to make a decision by tomorrow morning.
Thanks everyone.
My car's been running fine but I'm worried about Murphy's Law and thinking of buying the ext warranty tomorrow.
My local dealer uses Easy Care and I'm looking at their 3yr, 36K add'l miles, $500 deductable package for about $3450. It was $3850 but the Finance Mgr is giving me $400 off.
Originally I was told by another person on M5Board that was selling ext warranties from Fidelity (I think) and he looked at my mods list and said the adjuster will most likely void my warranty once he looks at my car so I thought I had no option. But when I talked to the Finance Mgr at my local dealer, she said their service would be the one evaluating my car and making claims for me so there's no third party adjuster that needs to get involved. She read the policy and the only thing they explicitly cited was that they wouldn't cover aftermarket CDs, stereo equipment and navigation. My main concern is the tranny.
Anyway, my wife thinks I don't need it.
What do you guys think I should do? Need some feedback by tonight cause I have to make a decision by tomorrow morning.
Thanks everyone.
12-03-2009, 01:12 PM
#3
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My Ride: E60 M5, F85 X5M
Originally Posted by turboawd' post='1067288' date='Dec 3 2009, 02:07 PM
how much is the max payout from the insurance co?
12-03-2009, 01:17 PM
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My Ride: 2006 BMW 550i
Originally Posted by EuroCarFan' post='1067296' date='Dec 3 2009, 04:12 PM
Are you saying some companies would only pay up to a certain amount?
12-03-2009, 04:22 PM
#5
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Originally Posted by turboawd' post='1067298' date='Dec 3 2009, 02:17 PM
yup, that's where they get you. find out before buying it.
12-03-2009, 05:50 PM
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My Ride: 2008 Silverstone II E60 M5 2012 E70 AW X5 50i Sport w/ LCI Aero Kit and Rocker Panels
Yes, get it. No brainer. Plus, what's $4K for a guy like you? That's pennies. Do it.
12-03-2009, 06:32 PM
#9
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My Ride: E60 M5, F85 X5M
Originally Posted by C's Bimmer' post='1067457' date='Dec 3 2009, 06:50 PM
Yes, get it. No brainer. Plus, what's $4K for a guy like you? That's pennies. Do it.
