After Market BMW warranty?

[D4V1D007]

Does anyone know if there is a reputable or reliable after market warranty service available? Does BMW do one direct? I've got an E46 M3 on an 03 plate and would be nice to have a back up should anything go wrong!

Thanks for any help or suggestions people can come up with.

[ecain63]

Firstly, there is a search function on here to prevent repetition. This is a well beaten topic.

Secondly, if your car has less than 60k on the clock and has a full BMWSH you can get an insured warranty from - http://www.bmw-warranty.co.uk/Pages/Home.aspx

If it doesnt meet these criteria then i can sort of recomend Warranty Direct. All 3rd party warranty companies are crooks but having used WD in the past i can say that they do at least pay for repair work. They will wriggle, they will deny liabilty, but if you have a genuine claim they cannot turn you down. Just fight it out. Avoid Warranty Wise, biggest crooks ever. Pretty much every warranty other than the BMW warranty is crap and to be honest the BMW warranty is very well priced. I pay £90 a month for my E61 M5 to be covered fully comp. Ive had £4200 of work covered since Xmas with very little trouble and no need to pay out and then claim back. Just drop it in to the dealer and they will do the rest.

The only downside to the BMW warranty is that you have to have the car serviced by BMW as per the guidelines £££. Rough with the smooth!

Eddie

[Cemesis]

You can only have a BMW warranty if the warranty has never lapsed.

[ecain63]

Cemesis said:

You can only have a BMW warranty if the warranty has never lapsed.

That's rubbish. You only need to be sub 60k and have FBMWSH. My M5 was out of warranty when I bought it last year. All you have to do is apply via the above website and wait the 30 day probation period before your cover starts. Oh, and make sure you chose monthly payments rather than annual payments as they don't seem to put the prices up on the monthly contract.

Eddie

Edited by ecain63 on Thursday 17th March 07:11

[sjj84]

Don't even have to be below 60k miles, however that is the point when prices get silly and less things are covered, which isn't explained in the warranty booklet. Below 60k miles is around £900 for a M3, above 60k miles is double that. As said above, pay monthly from below 60k and the price doesn't go up.

[Slurms]

ecain63 said:

That's rubbish. You only need to be sub 60k and have FBMWSH. My M5 was out of warranty when I bought it last year. All you have to do is apply via the above website and wait the 30 day probation period before your cover starts. Oh, and make sure you chose monthly payments rather than annual payments as they don't seem to put the prices up on the monthly contract.

Eddie

Edited by ecain63 on Thursday 17th March 07:11

Yeah Eddie is right,

You can buy a warranty for any car with a DEALER FSH which is less than 10 years old. 3 levels of cover from "everything" down to just "powertrain".

They will cover cars with more than 60k but your limited on what componants are covered.

This is all from memory so I might be getting some facts wrong.

[paulmoonraker]

Excellent - search helped me for once

Is the BMW Warranty (the insurance backed one) considerd to be the best (like Porsches OPC Warranty). I have just bought a 2009 M3 and was thinking of covering named parts (the big stuff like gearbox and engine etc).

[161BMW]

Cemesis said:

You can only have a BMW warranty if the warranty has never lapsed.

Not true mine was lapsed and I bought warranty as soon as I bought mine .... :-)

[sumo69]

paulmoonraker said:

Excellent - search helped me for once

Is the BMW Warranty (the insurance backed one) considerd to be the best (like Porsches OPC Warranty). I have just bought a 2009 M3 and was thinking of covering named parts (the big stuff like gearbox and engine etc).

Yes - if its affordable and available get it as the dealers will in most cases fight your corner (its in their interest as well).

David

[shim]

most of this thread is inaccurate

BMW Mondial warranty is available (in principle) to any BMW that has been properly serviced as BWM recommendations (not necessarily by BMW dealer for its lifetime) if the car is under 100k miles at the time you take out the warranty - for Comprehensive and Named Companent policies

If you take out an annual policy the policy renews every 12 months therefore if you car goes above 100k the next year you cant take out the same policy BUT if you have a monthly plan the policy is continuous and as long as you keep paying and keep servicing there is no upper limit. These two policies have a limit of the purchase price YOU paid for the car for the lifetime of you policy.

Different excesses are avaialable to change premium levels

I believe for the basic Driveline policy the mileage is irrelevant and as long as servcied it can be taken out and kept going forever but claim is limited to £5000

All easily read here:

http://www.bmw-warranty.co.uk/Pages/Home.aspx

[paulmoonraker]

Hi,

So, I have an E92 M3. Do you reckon the comprehensive is worth it, or just go for the named parts. Also, what about excess?

It's of course a balance and it depends what your mitigating. If I am honest, and coming from Porsche with their chocolate engines, I am only really worried about big stuff!

-P

[bennyboydurham]

paulmoonraker said:

Hi,

So, I have an E92 M3. Do you reckon the comprehensive is worth it, or just go for the named parts. Also, what about excess?

It's of course a balance and it depends what your mitigating. If I am honest, and coming from Porsche with their chocolate engines, I am only really worried about big stuff!

-P

All depends on how strong your brave pills are. When my E65 ran out of warranty it was TWO AND HALF GRAND (you read that right, yes) to keep it going every year. I politely declined. In the four years since I've spent perhaps £500-600 on non-routine maintenance. If I need a new engine or gearbox (or more realistically, a couple of grand's worth of exchange unit at this age and mileage) then it's earned it and I'm six grand up on the deal. Then again, my wife's E92 is less than a year out of warranty and has already needed a new high pressure fuel pump and needs new front dampers as the current ones have gone creaky, so there's £1400 of work at stealer rates in less than 9 months. Roll the dice eh?

Also when you're out of warranty and dealing with an indie, and I'm lucky to have a superb one up here in the NE that can, you tend to look for cheaper fixes than just throwing bits at it until it works, which is what a dealer would do. I had a leak in the boot and read tales of dealers replacing trim, windows, entire bootlids, drainage channels and rear light clusters (£££££) to solve the problem. My indie climbed in the boot with a torch while his mate poured water on the roof and within five minutes diagnosed a perished grommet in the floorpan and after a squirt of silicone sealant and £20 I was on my way. And when my parking light bulb blew (bumper off job in an E65) it set me back £50. Dealer - £175+VAT.

Up to you. Adjust your policy type and excess according to how brave you are!

[paulmoonraker]

bennyboydurham said:

Up to you. Adjust your policy type and excess according to how brave you are!

To be honest, I am wanting to mitigate biggies - like engines, gearboxes etc, which however unlikely, will hurt. If I am honest, a grand a year in fixes is not a problem at all. Perhaps named parts with the £250 excess is the answer...