just curious, how many of you guys are driving without warranty?
01-02-2009 | 12:47 PM
#31
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Joined: Dec 2008
Posts: 396
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From: OC, Ca. - aber immer in Deutschland
Originally Posted by rogerj' post='753772' date='Dec 27 2008, 04:01 PM
Bought my '04 545i couple months ago with 47,000 miles, 1 week out of factory warranty. Bought it from private luxury dealer. I have a buddy who works for BMW and was able to do an extended carfax inquiry for me, so I had some additional confidence regarding this car's history. I never considered extended warranty at time of purchase and one was not offered to me. I am also one of those people who rarely purchase protection plans on much of anything. From my research on this forum, an extended warranty would cost me about $3000. So I did not buy a plan and I am willing to spend $3000 to $4000 to keep her running. Any more than that and I am out. I should also mention that this is not my every day car and usually only driven on weekends. I was referred to this site for extended warranty but none was offered for my car.
http://www.autowarrantybroker.com/quoterequest.asp
http://www.autowarrantybroker.com/quoterequest.asp
This company actually offers a warranty for my car...I was really surprised. I thought my 85K miles would be a deal breaker, but they offer a zero-deductible drivetrain plan, for 100,000 on top of my milage for only $1300. I call BS, there is no way coverage that good could be so cheap. Anyone ever dealt with this broker?
01-02-2009 | 02:28 PM
#32
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Joined: Oct 2008
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From: Ft. Lauderdale, FL
My Ride: 2004 545i, Sport and Premium package, Titanium Silver with Black Dakota Leather interior
This company actually offers a warranty for my car...I was really surprised. I thought my 85K miles would be a deal breaker, but they offer a zero-deductible drivetrain plan, for 100,000 on top of my milage for only $1300. I call BS, there is no way coverage that good could be so cheap. Anyone ever dealt with this broker?
01-03-2009 | 12:20 PM
#33
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Joined: Apr 2008
Posts: 422
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From: North Carolina
My Ride: 05 545 BLK/BLK
Model Year: 2005
My warranty just expired last week. 
Because I wasn't the original owner, I couldn't extend mine to 100k. I ended up getting an aftermarket warranty to 100k for major issues. I'm hoping that this car will be just as reliable as my Wife's 2002 E46 which was suppose to have a lot of issues. It's still going strong, and have no warranty at all.
Good Luck
Because I wasn't the original owner, I couldn't extend mine to 100k. I ended up getting an aftermarket warranty to 100k for major issues. I'm hoping that this car will be just as reliable as my Wife's 2002 E46 which was suppose to have a lot of issues. It's still going strong, and have no warranty at all.Good Luck
01-03-2009 | 06:16 PM
#35
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Joined: Sep 2008
Posts: 104
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From: Detroit area
My Ride: 2005 BMW 545i 6spd sport Sapphire black...well satin white wrap
Living without a warranty sucks! Mine ran out 1,800 miles ago and I just spent all morning replacing the waterpump/coolant flush :thumbsdown:
I'd hate to think what it would have cost having the stealer fix it!!!
I'd hate to think what it would have cost having the stealer fix it!!!
01-03-2009 | 09:40 PM
#36
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Originally Posted by Motorcitym3' post='758804' date='Jan 3 2009, 10:16 PM
Living without a warranty sucks! Mine ran out 1,800 miles ago and I just spent all morning replacing the waterpump/coolant flush :thumbsdown:
I'd hate to think what it would have cost having the stealer fix it!!!
I'd hate to think what it would have cost having the stealer fix it!!!
01-03-2009 | 10:15 PM
#37
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Joined: Jul 2008
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From: Dubai, U.A.E.
My Ride: 2004 545i - Bone stock... help!
Originally Posted by Isay5' post='758905' date='Jan 4 2009, 10:40 AM
What did it cost you?
01-04-2009 | 02:14 AM
#38
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Joined: Jul 2008
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my factory warranty end at the end of Feb, no plans to get an aftermarket warranty for $2,500. I have an 05 545i, been perfect and has only 23k miles plus it's a 6 spd which comforts me a bit not have an expensive auto tranny. My checkbook will be my warranty. Plan to drive the car to 60k miles, then get something else.
01-04-2009 | 02:46 AM
#39
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Joined: Dec 2008
Posts: 19
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From: North Wiltshire
My Ride: 530i SE 4d Auto.
Originally Posted by myfiveserie1818' post='753147' date='Dec 26 2008, 07:35 PM
I have an 04 530i, and my factory warranty expired this past summer. right now, I am taking my chances. how many of you guys are driving w/o warranty? what kind of problems might come up for my 04 530i? anyone has the same year model and would like to share their experiences? thanks!
I'm now running my 53-plate 530iSE (50K miles on the clock) without warranty. So far only problem was the bonnet release cable breaking (would that have been covered by the warranty?) so my fingers are crossed that I have the same good fortune with this one.
Having said this, as I bought this from a Jag dealer, would I have had any kind of BMW warranty option anyway, or can you only get these if you buy from a BMW dealer?
01-04-2009 | 04:10 AM
#40
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Joined: Jan 2009
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From: Liège, Belgium
My Ride: '06 535D touring with M-Sport paket
I bought my 2006 535D touring 6 months ago. it was 80.000km, first owner, certified not being accidented,...
I bought it 38000?, which is almost half price of a new one.
My philosophy is this one:
The car belongs to my company. if I want to get rid of it, no issue.
When I bought it (from private owner), I took an insurance for mechanical damage coverage (6 months - 450?)Now, I'm out of warranty. I've drove already 30.000km with it, so if anything was abnormal, I should have detected it before.
I buy second hand because, at the end of the day, it will be cheaper than a new one. The big loss of the value of the car is done on the first 2 years from new.
So, if I have any problem, it will be (even if the engine breaks) cheaper than a new one.
I bought it 38000?, which is almost half price of a new one.
My philosophy is this one:
The car belongs to my company. if I want to get rid of it, no issue.
When I bought it (from private owner), I took an insurance for mechanical damage coverage (6 months - 450?)Now, I'm out of warranty. I've drove already 30.000km with it, so if anything was abnormal, I should have detected it before.
I buy second hand because, at the end of the day, it will be cheaper than a new one. The big loss of the value of the car is done on the first 2 years from new.
So, if I have any problem, it will be (even if the engine breaks) cheaper than a new one.