Warranty Question
Discussion
I have heard terrible things about warranty direct and would avoid them like the plague!
If I were in your position I would do this -
The BMW warranty on your car is circa £1k. Open up an ISA etc with this amount and leave it in there, if anything goes wrong with the car use it, if not you will get a nice bit of interest
I had an E46 M3 and an E46 CSL over a 3 year period, not once did I need to claim off the warranty and paid out over £3k in payments for the service. On a car of this age and as long as the mileage is relatively low I really wouldn't bother
If I were in your position I would do this -
The BMW warranty on your car is circa £1k. Open up an ISA etc with this amount and leave it in there, if anything goes wrong with the car use it, if not you will get a nice bit of interest
I had an E46 M3 and an E46 CSL over a 3 year period, not once did I need to claim off the warranty and paid out over £3k in payments for the service. On a car of this age and as long as the mileage is relatively low I really wouldn't bother
gilford said:
I have heard terrible things about warranty direct and would avoid them like the plague!
If I were in your position I would do this -
The BMW warranty on your car is circa £1k. Open up an ISA etc with this amount and leave it in there, if anything goes wrong with the car use it, if not you will get a nice bit of interest
I had an E46 M3 and an E46 CSL over a 3 year period, not once did I need to claim off the warranty and paid out over £3k in payments for the service. On a car of this age and as long as the mileage is relatively low I really wouldn't bother
This is what one of the service advisor suggested to me as an alternative to having the warranty. I've had my '02 M3 SMG for a little under a year and have used the warranty twice, once for a diff seal and once for a thermostat.If I were in your position I would do this -
The BMW warranty on your car is circa £1k. Open up an ISA etc with this amount and leave it in there, if anything goes wrong with the car use it, if not you will get a nice bit of interest
I had an E46 M3 and an E46 CSL over a 3 year period, not once did I need to claim off the warranty and paid out over £3k in payments for the service. On a car of this age and as long as the mileage is relatively low I really wouldn't bother
Mine was a 53 plate E46 M3 , 18k miles bought from a Main Dealer in 2005.
Car came with +- 16 months warranty (up to when it was 3 years old).
I didn't renew the warranty, owned the car a further 3 years without any issues and put 26k miles on the clock in that time.
I did have one issue with the convertible hood - BMW paid 75% of cost to fix as car had only been out of warranty 6 months. (So kudos to BMW !!!)
If i was in your position and it's a good car, low miler - i'd bank the cash as has been said previously.
Car came with +- 16 months warranty (up to when it was 3 years old).
I didn't renew the warranty, owned the car a further 3 years without any issues and put 26k miles on the clock in that time.
I did have one issue with the convertible hood - BMW paid 75% of cost to fix as car had only been out of warranty 6 months. (So kudos to BMW !!!)
If i was in your position and it's a good car, low miler - i'd bank the cash as has been said previously.
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