Quote for extending bmw warrenty

Quote for extending bmw warrenty

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_Rich_

Original Poster:

966 posts

171 months

Saturday 9th January 2016
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E92 330i, my 2010, 62k on the clock. £1155.95 one years comprehensive warrenty.

Does that seem a little expensive?

corozin

2,680 posts

270 months

Saturday 9th January 2016
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It seems pretty strong, but then BMW aren't exactly known for thier benevolence when it comes to after sales pricing. These are the same folks who quoted me £170 for a NAV update disc a few months ago.

Badgerboy

1,783 posts

191 months

Saturday 9th January 2016
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It increases significantly past 60k in milage. This becomes an issue if you renew once a year, as if you opt the monthly option the premium does not appear to increase once you breach the 60k marker.

Kuroblack350

1,383 posts

199 months

Saturday 9th January 2016
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There's a decent thread on e90post with some good examples. But for what it's worth, my E92 330d (2011) costs £35 per month, comprehensive cover, £100 excess - I'm on 65k now, just renewed and it stayed the same for me.

a4cabrio

898 posts

158 months

Saturday 9th January 2016
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Badgerboy said:
It increases significantly past 60k in milage. This becomes an issue if you renew once a year, as if you opt the monthly option the premium does not appear to increase once you breach the 60k marker.
Taking the monthly option to avoid the hefty rise once 60k has been broken doesn't work anymore, BMW changed the Ts&Cs a year or 2 ago

stuno1

1,296 posts

194 months

Saturday 9th January 2016
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Madness. Lexus extended warranty on my Isf was 750 and I did by one year get one free so 375 a year!

ITP

1,996 posts

196 months

Saturday 9th January 2016
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This just tells us how much faith BMW has in its own products, not at lot after only 60k miles it seems.
I believe they won't risk covering their own cars at all, for any price, once they hit 100k. Or maybe this is just M cars.

5.0 litre ISF for less than 500/yr which stays the same price regardless of miles (upto 140k) or a 330i at 1100/yr after 60k, up from 400 ish before?

What are BMW trying to tell us, either our cars fall apart after 60k miles or lets price this really high and hope they buy a new one instead.

smashy

3,030 posts

157 months

Saturday 9th January 2016
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I know this is next to useless ,but I saw on here Im am sure that BMW do different versions of their warrantys and one of them is the best way to go if financials is considered...it may be just warranty driveline only something like that,hopefully someone will be along.....

_Rich_

Original Poster:

966 posts

171 months

Saturday 9th January 2016
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If it was £400 I would have bit there hand off, £500 I would think about it and reluctantly paid it but this is a bit of a piss take.

The cars is in for its mot and service next week, I've also brought up an issue with my door( the lock was stuck so when I closed the door it sounded like it hit the seat belt buckle, took a fair few attempts at unlocking and locking just to close the door) also rust above one of the door frames.

I like the car but I fear over the next week the shine may be taken off owning it.


And stop talking about the isf, I've been reading the thread in general gassing and now the comments here plus fuel prices are tempting me hehe

Edit to add to the coment from smashy, they do offer different types of cover, I think the cheapest was just for engine, drive train and trans mission for just under £500. Knowing my luck the bits on the car that gone wrong won't be covered by that.

Edited by _Rich_ on Saturday 9th January 23:23

MitchT

15,788 posts

208 months

Saturday 9th January 2016
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Tells you a lot about modern BMWs if this is what they have to charge for annual cover to ensure that they don't end up out of pocket. Hence why I still drive an old BMW.

Driver101

14,376 posts

120 months

Saturday 9th January 2016
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That's far too much.

Most people are paying under £400 per year or paid monthly at £40. 60,000 miles is the cut off point to start the warranty on reduced terms, but that price is far too much.

When was the last time your car was in a dealer? Will they know you've gone over 60,000 miles?

Get another quote and try at 59,000 miles and hope the car doesn't instantly breakdown.

Sheepshanks

32,519 posts

118 months

Saturday 9th January 2016
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Kuroblack350 said:
There's a decent thread on e90post with some good examples. But for what it's worth, my E92 330d (2011) costs £35 per month, comprehensive cover, £100 excess - I'm on 65k now, just renewed and it stayed the same for me.
Why is that so much cheaper than the OPs quote?

Driver101

14,376 posts

120 months

Saturday 9th January 2016
quotequote all
Sheepshanks said:
Kuroblack350 said:
There's a decent thread on e90post with some good examples. But for what it's worth, my E92 330d (2011) costs £35 per month, comprehensive cover, £100 excess - I'm on 65k now, just renewed and it stayed the same for me.
Why is that so much cheaper than the OPs quote?
60,000 miles is the cut off point to start the warranty on cheaper terms. If you pay monthly they don't adjust it.

A lot of guys have taken it out and kept their car for years.

It didn't really work out value for me on my 335i as I paid more in than I got out over the years. When I did use the service it really was spot on. They handled a roadside breakdown very well.

Sheepshanks

32,519 posts

118 months

Sunday 10th January 2016
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Driver101 said:
60,000 miles is the cut off point to start the warranty on cheaper terms. If you pay monthly they don't adjust it.

A lot of guys have taken it out and kept their car for years.
Don't they even review it annually?

Driver101 said:
It didn't really work out value for me on my 335i as I paid more in than I got out over the years. When I did use the service it really was spot on. They handled a roadside breakdown very well.
Like all insurance, you're really buying peace-of-mind.

Driver101

14,376 posts

120 months

Sunday 10th January 2016
quotequote all
Sheepshanks said:
Driver101 said:
60,000 miles is the cut off point to start the warranty on cheaper terms. If you pay monthly they don't adjust it.

A lot of guys have taken it out and kept their car for years.
Don't they even review it annually?

Driver101 said:
It didn't really work out value for me on my 335i as I paid more in than I got out over the years. When I did use the service it really was spot on. They handled a roadside breakdown very well.
Like all insurance, you're really buying peace-of-mind.
When you pay it annually I believe they review it. Pay monthly and you never hear a thing.

I was just emphasising that BMW ownership isn't all doom and gloom like people are pointing out. They'll never win reliability of the year awards, but if you look at similar other extended warranties, the pricing is usually less than other similar cars.

Although the N54 335i comes with the worst reputation, surprisingly that has often got the cheapest of warranties.

swanny71

2,849 posts

208 months

Sunday 10th January 2016
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2007 130i, 123k miles.
I'm still paying the same (£47/month, £0 excess with emergency service) as I did when I took out the warranty in 2011 @ 57k miles.
As others have said, set up to pay monthly before 60k miles and it's good value. I've only used it three times (DSC unit, Xenon issues and replacement horn) but I reckon it's paid for itself as it took dealership about a week in total to sort the lights.

ETA - always had great service with no quibbles about doing work under warranty and a decent courtesy car for however long it was in.

Edited by swanny71 on Sunday 10th January 11:05

cerb4.5lee

30,170 posts

179 months

Sunday 10th January 2016
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They wanted £1000 for my 2006 E90 330i and it's got 64k miles on it and I thought it seemed pretty expensive.

Dannbodge

2,160 posts

120 months

Sunday 10th January 2016
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I pay £45 a month for my 335i which is on 57k and that's £100 excess and no breakdown etc.

I plan to just leave mine running until something goes pop. I'm expecting it to need some work fairly soon and i'm going to push to get my turbos done this year.

bmwmike

6,918 posts

107 months

Sunday 10th January 2016
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Wonder it it's the n53 engine

My f10 n53 quote was around £90 per month IIRC and it only has 37k on the clock!!

gizlaroc

17,251 posts

223 months

Monday 11th January 2016
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_Rich_ said:
E92 330i, my 2010, 62k on the clock. £1155.95 one years comprehensive warrenty.

Does that seem a little expensive?
You should have said it had 59k miles on it and done it monthly, would have been less than half of that.