Factory Warranty, should I or not?
11-21-2012, 10:06 AM
#21
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Join Date: Oct 2007
Location: Thousand Oaks, California
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My Ride: 2008 550i Jet Black on Black Leather, SAT with Paddles, Logic 7, Comfort Seats, NAV, Sport Package, PDC, Xenons, Sirius, Trinity 12W LED Angel Eyes, RPi GT Exhaust, M rear spoiler, ACS Roof Spoiler, Tinted Tail Lights, Bimmian Carbon Fiber Pillar Trim, Bimmian Shadow 550i emblem, RPi Scoop, E60 Forum Cling, Mtec bulbs in fog lights, Mtec 2W LED for License Plate Light Bulbs, K&N Filter, Bimmian LED Smoked Side Markers, Blackout roundels, Carbon Fiber Kidney Grills.
Retired Rides - 1989 325i convertible, 1995 M3, 2002 X5, 2005 545i, 2008 X5 (Lemon)
I still think if one is going to drive a BMW, they SHOULD have a warranty as SO MANY things are ridiculously expensive to repair or replace! A note here though, if you do decide to get an aftermarket warranty, get it BEFORE your current warranty expires or the cost of the warranty goes up rapidly! Also i should mention that I have a friend who can get you a Mercury Insurance warranty that costs LESS than the BMW equivalent, covers MORE and can even be a deductible free warranty if you so desire! PM me if you are interested! 
11-21-2012, 10:16 AM
#22
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cost of warranty
Lets just say that when I was under my extended warranty through Fidelity Warranty Services, the $3000 cost was more than offset by the $9800 in total repair costs paid by FWS. I looked at it as a $7000 savings. Cant say that you'll have the same benefit. For me, it was a peace of mind consideration.
11-21-2012, 02:39 PM
#23
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My Ride: 535i XDrive M Sport Package
Model Year: 2011
Um... wrong. Warranties require participants to contribute the average of the projected cost of a large group of users (and something extra for plan management cost and profit, and something less because of supply economies the insurer can achieve).
A warranty is a bargain if your actual cost is likely to be higher than the average, and not such a bargain if your actual cost is likely to be lower. That's the decision point.
Members of this blog, most of whom are interested in extracting maximum performance from their vehicles, put above-average stress on those vehicles and are likely to experience higher than average mechanical failure rates. That means warranties make sense for most 5Series Forum folk, even those who put on low miles if they do so with great enthusiasm.
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