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metsta

393 posts

109 months

[news] 
Sunday 12th August 2012 quote quote all
So that's exactly my situation, You can extend the warranty above 60k it just costs loads. Comp with £0 XS is £2400 !!
I do about 5k miles a year and the car is full service history from BMW.
I have the money to pay for the warranty just considering the gamble still....
E61 has a load of upgrades over a pre facelift and mine isn't displaying any current bad behaviour, although its never had a clutch either

ecain63

7,592 posts

61 months

[news] 
Sunday 12th August 2012 quote quote all
Can't you just renew on the monthly plan and only pay £100 or there abouts?

metsta

393 posts

109 months

[news] 
Sunday 12th August 2012 quote quote all
Well that's the "dishonest" thing I've been considering. Previous owner bought car at 55k miles and was paying £90 per month. He cancelled on the 1st Aug, for me to extend its mega bucks as a new owner.
Maybe he didn't sell the car maybe he changed his mind, there is a 14 period of continuation where the warranty remains at the lower previous rate........ Maybe he re instates at my cost and transfers to me, theoretically the warranty covers the car not the owner right? The risk has not altered and shouldnt present the uplifted cost really.....

metsta

393 posts

109 months

[news] 
Sunday 7th October 2012 quote quote all
In a double U turn just to let y'all know I cancelled the mondial warranty and am running naked and warranty free in my e61 M5 whatever next...

Contigo

2,679 posts

95 months

[news] 
Sunday 7th October 2012 quote quote all
Fair play to you! If you've got the funds should it go wrong then it's simple really. If you want the piece of mind and have some cover for Engine and Gearbox. I just took out Mondial on the named component plan for 112 a month which is not bad at all.


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rassi

1,427 posts

137 months

[news] 
Sunday 7th October 2012 quote quote all
metsta said:
In a double U turn just to let y'all know I cancelled the mondial warranty and am running naked and warranty free in my e61 M5 whatever next...
As per your other post where you are considering selling the M5 (cheaply!) you may find it much easier to sell if it still has a current Mondial warranty

rassi

1,427 posts

137 months

[news] 
Sunday 7th October 2012 quote quote all
Mine is an AUC (in Belgium) and came with 2 years warranty. Not possible to extend it after that and there is not really a market for warranties here, so will be without warranty then - certainly a bit of concern, in view of the complexity of the car, but on the other hand did the same with an E39 M5 for 5 years, albeit that it is a much simpler car.

metsta

393 posts

109 months

[news] 
Sunday 7th October 2012 quote quote all
£1,400 in hand so let's see, if I keep it the mileage will only be 3-4k this year, I bought it keenly priced in Dumfries and throughout its life its had one warranty claim for solenoids last year. If I sell it its going to be THE cheapest E61 available in Europe. Was at PMW earlier this month and we went through a quick and dirty list of worst case costs and having a good specialist has got to be better than the robbery of a main dealer.
£3k+ for clutch and release etc or sub £1k at a specialist...
With the money i got back i bought this to keep the miles off the m5 during the week for london commuting

metsta

393 posts

109 months

[news] 
Sunday 7th October 2012 quote quote all
Car in question



andygtt

7,429 posts

150 months

[news] 
Sunday 7th October 2012 quote quote all
I'm yet to spend any money on my car other than brakes tyres oil and fuel and a service at PMW... However I've only had the car 1 year and done 20,000 miles ;-)


Plainview23

253 posts

98 months

[news] 
Sunday 7th October 2012 quote quote all
Such a fantastic looking car.
If I moved from my M6 it would be into an E61, going to be a legendary BMW.

metsta

393 posts

109 months

[news] 
Monday 8th October 2012 quote quote all
Plainview23 said:
Such a fantastic looking car.
If I moved from my M6 it would be into an E61, going to be a legendary BMW.
hoping thats going to be my story if i keep it. on looking at the warranty recalls its never gone wrong (famous last words) and with the PMW guys just up the road im £1500 up for a gamle for c5k miles a year.
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