E61 M5 Touring values increasing?

[ds666]

How would BMW know where you bought the car from (private or dealer )? The warranty is linked to the car not the owner.

[ecain63]

When i had mine you could transfer the warranty if you had the remains on an annual policy with nothing owed. You could not do this on the monthly policy and a new owner would have to start a new policy which meant you could potentially lose out on the cheap rate that we used to enjoy (sub 60k miles).

[AW10]

ds666 said:

How would BMW know where you bought the car from (private or dealer )? The warranty is linked to the car not the owner.

Fair question - it's rather doubtful that they're keeping an eye on the 2nd hand market. But should a claim arise they could ask for proof of purchase, particularly if it's shortly after the transfer.

It's sort of like scraping a wing on a post, paying to fix it yourself and when insurance renew time comes round saying you've had no claims or accidents. Not strictly true but you probably will get away with it.

[AW10]

ecain63 said:

When i had mine you could transfer the warranty if you had the remains on an annual policy with nothing owed. You could not do this on the monthly policy and a new owner would have to start a new policy which meant you could potentially lose out on the cheap rate that we used to enjoy (sub 60k miles).

Pretty sure only if it was a private purchase, not through a dealer/trader. Have checked a few policy docs dated 08, 09 and 10 and they all read pretty much as I quoted in my earlier most.

[Overanalyse123]

nwates said:

Placed a deposit on the Munich Legends M5 touring .

Thought that might have been you! I was going to test it on Sat! I was really hankering after the low mileage one from John Holland, but it's now gone too! Bit gutted now... But that'll show me for procrastinating too much!

[nwates]

Sorry just I was reading how rare they are and thought well they might fall further .
Only to be told prices are firming recently and they are very tricky to find a good one .
So I snapped it up.

[Overanalyse123]

Well done - it looks lovely.

[Bodie390]

What's the reg of the one from ML ?

[nwates]

YC07 AAV

[Bodie390]

It's the one that was on Top Gear -

http://youtu.be/8w8De1R34uc

[e21Mark]

Pics please gents.

I'd love one of these but couldn't part with the E30 so will remain pipe dream till lotto numbers come up.

[Bodie390]

Epic car. It goes well with my E30 M3 Mark.

[nwates]

Bodie390 said:

It's the one that was on Top Gear -

http://youtu.be/8w8De1R34uc

That's right

[nwates]

Bodie390 said:

It's the one that was on Top Gear -

http://youtu.be/8w8De1R34uc

That's right

[minimatan]

AW10 said:

ds666 said:

How would BMW know where you bought the car from (private or dealer )? The warranty is linked to the car not the owner.

Fair question - it's rather doubtful that they're keeping an eye on the 2nd hand market. But should a claim arise they could ask for proof of purchase, particularly if it's shortly after the transfer.

It's sort of like scraping a wing on a post, paying to fix it yourself and when insurance renew time comes round saying you've had no claims or accidents. Not strictly true but you probably will get away with it.

When I had a series of claims in a single instance around two or three months into a new policy, they queried everything and wanted the see the invoice from the supplying dealer too - no indication of why they wanted to see this.

[nwates]

http://www.topgear.com/car-news/classic/six-reason...