Cost of continuing warranty on M2
Discussion
Steve Rance said:
My M2 is just out of warranty. I was quoted £795 for renewal by BMW but I probably won’t take the option because I’m intending to change several chassis components including the dampers, brake callipers, disks etc. while will probably invalidate it anyway - although not the engine.
I’ll ask the question and see what they say. Will report back if anyone is interested
Why would that impact it?I’ll ask the question and see what they say. Will report back if anyone is interested
My car has had several bits done under warranty with modifications...
In any event it would only invalidate the warranty on the specific component EG your shock absorber.
If your engine blows, you'd still be covered.
If you ask them, they will just say "NO MODIFICATIONS"
xjay1337 said:
Why would that impact it?
My car has had several bits done under warranty with modifications...
In any event it would only invalidate the warranty on the specific component EG your shock absorber.
If your engine blows, you'd still be covered.
If you ask them, they will just say "NO MODIFICATIONS"
My experience of M cars so far were an E36 M3GT and an E39 M5. Both good cars let down by the chassis but not the engine/drivetrain. The M5 had 2 major warrenty claims for suspension re bushing in the 3 years that I owned it. Generally, my experince of BMW engines has been very good but the discrepancy between engine/drivetrain and chassis hardware appears no different with modern M cars than it was with earlier versions. The N55 engine doesnt seem to suffer from any major issues. If I track a car I am far harder on the chassis than the engine hence my upgrade requirements. My car has had several bits done under warranty with modifications...
In any event it would only invalidate the warranty on the specific component EG your shock absorber.
If your engine blows, you'd still be covered.
If you ask them, they will just say "NO MODIFICATIONS"
Based on that im not convinced that a warrenty extension is money well spent.
Steve Rance said:
My experience of M cars so far were an E36 M3GT and an E39 M5. Both good cars let down by the chassis but not the engine/drivetrain. The M5 had 2 major warrenty claims for suspension re bushing in the 3 years that I owned it. Generally, my experince of BMW engines has been very good but the discrepancy between engine/drivetrain and chassis hardware appears no different with modern M cars than it was with earlier versions. The N55 engine doesnt seem to suffer from any major issues. If I track a car I am far harder on the chassis than the engine hence my upgrade requirements.
Based on that im not convinced that a warrenty extension is money well spent.
Perhaps the Named Component cover would be more suitable than Comprehensive?Based on that im not convinced that a warrenty extension is money well spent.
May be worth asking/searching over on CSL Register, but from memory it's as xjay1337 says. As with many things, it really does help if you have a friendly service advisor.
I’m in the same boat and just spoke to BMW today about my 2017MY M2 warranty renewal. They’re supposed to be sending an email with full details (still waiting for it...), but summary below from rough notes I took down, my quotes are as follows - (based on current mileage of 10700)
Comprehensive
Inc Roadside assist
£875, £250xs
£1078, £100xs
£1392, £0xs
Without roadside take off £83 from each quote
Named component
£748, 250xs
£910, £100xs
£1117, £0xs
£5000 per claim (didn’t catch the name of this level of cover)
£601, £250xs
£717, £100
£864, £0%
Inc roadside
I’m in 2 minds whether to bother with the warranty cover. I’ve not read of any major issues with this model M2, they seem quite solid. Also if I do keep it for another couple of years I’d probably rather spend what I would spend on warranty towards improving the suspension instead, which is the only thing I dislike about my car. It’s just not compliant, it doesn’t flow with the road like my GT3 does. I wouldn’t even bother with a remap, 365bhp feels plenty for this chassis (for me, anyway)
Comprehensive
Inc Roadside assist
£875, £250xs
£1078, £100xs
£1392, £0xs
Without roadside take off £83 from each quote
Named component
£748, 250xs
£910, £100xs
£1117, £0xs
£5000 per claim (didn’t catch the name of this level of cover)
£601, £250xs
£717, £100
£864, £0%
Inc roadside
I’m in 2 minds whether to bother with the warranty cover. I’ve not read of any major issues with this model M2, they seem quite solid. Also if I do keep it for another couple of years I’d probably rather spend what I would spend on warranty towards improving the suspension instead, which is the only thing I dislike about my car. It’s just not compliant, it doesn’t flow with the road like my GT3 does. I wouldn’t even bother with a remap, 365bhp feels plenty for this chassis (for me, anyway)
I think it's well worth the money for peace of mind motoring.
It only takes an issue with a fuel injector or the DCT gearbox or the differential to pay for it
Under warranty my car has had a steering rack repair , replaced a rear differential seal and a failed auxiliary belt tensioner.
I could have repaired all of the above for around the same money that I've paid on the warranty myself, but it's nice to just take it to BMW and leave them to deal with it and collect it. The invoices from BMW also look good for the next owner.
It only takes an issue with a fuel injector or the DCT gearbox or the differential to pay for it
Under warranty my car has had a steering rack repair , replaced a rear differential seal and a failed auxiliary belt tensioner.
I could have repaired all of the above for around the same money that I've paid on the warranty myself, but it's nice to just take it to BMW and leave them to deal with it and collect it. The invoices from BMW also look good for the next owner.
It’s good that you’ve had such a good experience with warranty claims. I just hate having to have discussions with insurance / warranty / service departments. Previous experience has been such companies trying to wriggle out of paying up through small print in the T&Cs. If I can avoid that whole thing I will.
PS - I seem to recall a while back trying to claim something on the M2’s warranty. I think I was told there was a £250 charge to diagnose the fault that would be refunded if claim was successful. Is that the case or am I mis-remembering?
PS - I seem to recall a while back trying to claim something on the M2’s warranty. I think I was told there was a £250 charge to diagnose the fault that would be refunded if claim was successful. Is that the case or am I mis-remembering?
rrroro said:
It’s good that you’ve had such a good experience with warranty claims. I just hate having to have discussions with insurance / warranty / service departments. Previous experience has been such companies trying to wriggle out of paying up through small print in the T&Cs. If I can avoid that whole thing I will.
PS - I seem to recall a while back trying to claim something on the M2’s warranty. I think I was told there was a £250 charge to diagnose the fault that would be refunded if claim was successful. Is that the case or am I mis-remembering?
Yes that can be true with things like Warranty Wise.PS - I seem to recall a while back trying to claim something on the M2’s warranty. I think I was told there was a £250 charge to diagnose the fault that would be refunded if claim was successful. Is that the case or am I mis-remembering?
If this is the BMW Insured warranty, it is the same as a BMW warranty.
I have never been told anything regarding charges for diagnostics. I have purely just paid my bill (at most £250) and been on my way.
Infact, the last time I was in BMW (for the rear differential) they were also investigating a water leak into my rear seat bench (which ended up being from the Shark Fin aerial having been removed and reattached due to the vinyl roof being wrapped, which I have repaired myself).
The original cost for them to repair the work on the differential was £192 and then obviously the extra charges for investigation of the water leak which I understood were not to be covered as they were not under warranty. This was a further 3-4 hours of testing and trim removal (I know as it took me 1.5 hours just to remove the trim myself!)
My bill when I collected the car was £110.
I can honestly and fully recommend the BMW warranty based on my experiences.
xjay1337 said:
rrroro said:
It’s good that you’ve had such a good experience with warranty claims. I just hate having to have discussions with insurance / warranty / service departments. Previous experience has been such companies trying to wriggle out of paying up through small print in the T&Cs. If I can avoid that whole thing I will.
PS - I seem to recall a while back trying to claim something on the M2’s warranty. I think I was told there was a £250 charge to diagnose the fault that would be refunded if claim was successful. Is that the case or am I mis-remembering?
Yes that can be true with things like Warranty Wise.PS - I seem to recall a while back trying to claim something on the M2’s warranty. I think I was told there was a £250 charge to diagnose the fault that would be refunded if claim was successful. Is that the case or am I mis-remembering?
If this is the BMW Insured warranty, it is the same as a BMW warranty.
I have never been told anything regarding charges for diagnostics. I have purely just paid my bill (at most £250) and been on my way.
Infact, the last time I was in BMW (for the rear differential) they were also investigating a water leak into my rear seat bench (which ended up being from the Shark Fin aerial having been removed and reattached due to the vinyl roof being wrapped, which I have repaired myself).
The original cost for them to repair the work on the differential was £192 and then obviously the extra charges for investigation of the water leak which I understood were not to be covered as they were not under warranty. This was a further 3-4 hours of testing and trim removal (I know as it took me 1.5 hours just to remove the trim myself!)
My bill when I collected the car was £110.
I can honestly and fully recommend the BMW warranty based on my experiences.
So, what gets me with the warranty, assuming i go for the 875/250xs, i will have paid the 875, and then the first £250 of any claim. So I could start the warranty next month and pay £875, then 2 weeks later something could let go which isn't that expensive, ie if it's less than 250 I'd pay that full amount of the repair, even though I've just already paid over £875. And then if something else goes wrong 6 months later then I'll pay another 250. So for 2 low/mid price claims I will have paid 875 + 250 + 250 = £1,375. Whereas if I didn't have the warranty the cost would be just the 250 + 250 = £500
I think where I'm going with this is that for me the only way to go would be the 0% xs route. If I have a warranty then I don't see the point in having to pay anything extra (xs). However since I don't track the car what's the chance of needing over £1k worth of warranty work over the course of the year... Hmm... The car is 3 years old and never had any warranty claims (unless the first owner claimed something in year 1)
Sorry, I'm rambling, just thinking out loud
rrroro said:
Thanks, maybe I'm getting confused with my old X5 re the diagnosis charge
So, what gets me with the warranty, assuming i go for the 875/250xs, i will have paid the 875, and then the first £250 of any claim. So I could start the warranty next month and pay £875, then 2 weeks later something could let go which isn't that expensive, ie if it's less than 250 I'd pay that full amount of the repair, even though I've just already paid over £875. And then if something else goes wrong 6 months later then I'll pay another 250. So for 2 low/mid price claims I will have paid 875 + 250 + 250 = £1,375. Whereas if I didn't have the warranty the cost would be just the 250 + 250 = £500
I think where I'm going with this is that for me the only way to go would be the 0% xs route. If I have a warranty then I don't see the point in having to pay anything extra (xs). However since I don't track the car what's the chance of needing over £1k worth of warranty work over the course of the year... Hmm... The car is 3 years old and never had any warranty claims (unless the first owner claimed something in year 1)
Sorry, I'm rambling, just thinking out loud
So yes if you look at it like that if you start the warranty and pay for it up front So, what gets me with the warranty, assuming i go for the 875/250xs, i will have paid the 875, and then the first £250 of any claim. So I could start the warranty next month and pay £875, then 2 weeks later something could let go which isn't that expensive, ie if it's less than 250 I'd pay that full amount of the repair, even though I've just already paid over £875. And then if something else goes wrong 6 months later then I'll pay another 250. So for 2 low/mid price claims I will have paid 875 + 250 + 250 = £1,375. Whereas if I didn't have the warranty the cost would be just the 250 + 250 = £500
I think where I'm going with this is that for me the only way to go would be the 0% xs route. If I have a warranty then I don't see the point in having to pay anything extra (xs). However since I don't track the car what's the chance of needing over £1k worth of warranty work over the course of the year... Hmm... The car is 3 years old and never had any warranty claims (unless the first owner claimed something in year 1)
Sorry, I'm rambling, just thinking out loud
But if it's less than the £250 excess you would get it done privately at an independant specialist dealer (or at least I would)
The reason I have a warranty is for me on an M135i it's £350 or so for the full year and a £250 excess
If it's less than £250 I'll either fix it myself or have it fixed by a mate for less.
It's all a risk but in my opinion pay monthly with a £250 excess is great peace of mind. Up to you though, I can understand your reservations! You are certainly gambling your losses.
xjay1337 said:
rrroro said:
Thanks, maybe I'm getting confused with my old X5 re the diagnosis charge
So, what gets me with the warranty, assuming i go for the 875/250xs, i will have paid the 875, and then the first £250 of any claim. So I could start the warranty next month and pay £875, then 2 weeks later something could let go which isn't that expensive, ie if it's less than 250 I'd pay that full amount of the repair, even though I've just already paid over £875. And then if something else goes wrong 6 months later then I'll pay another 250. So for 2 low/mid price claims I will have paid 875 + 250 + 250 = £1,375. Whereas if I didn't have the warranty the cost would be just the 250 + 250 = £500
I think where I'm going with this is that for me the only way to go would be the 0% xs route. If I have a warranty then I don't see the point in having to pay anything extra (xs). However since I don't track the car what's the chance of needing over £1k worth of warranty work over the course of the year... Hmm... The car is 3 years old and never had any warranty claims (unless the first owner claimed something in year 1)
Sorry, I'm rambling, just thinking out loud
So yes if you look at it like that if you start the warranty and pay for it up front So, what gets me with the warranty, assuming i go for the 875/250xs, i will have paid the 875, and then the first £250 of any claim. So I could start the warranty next month and pay £875, then 2 weeks later something could let go which isn't that expensive, ie if it's less than 250 I'd pay that full amount of the repair, even though I've just already paid over £875. And then if something else goes wrong 6 months later then I'll pay another 250. So for 2 low/mid price claims I will have paid 875 + 250 + 250 = £1,375. Whereas if I didn't have the warranty the cost would be just the 250 + 250 = £500
I think where I'm going with this is that for me the only way to go would be the 0% xs route. If I have a warranty then I don't see the point in having to pay anything extra (xs). However since I don't track the car what's the chance of needing over £1k worth of warranty work over the course of the year... Hmm... The car is 3 years old and never had any warranty claims (unless the first owner claimed something in year 1)
Sorry, I'm rambling, just thinking out loud
But if it's less than the £250 excess you would get it done privately at an independant specialist dealer (or at least I would)
The reason I have a warranty is for me on an M135i it's £350 or so for the full year and a £250 excess
If it's less than £250 I'll either fix it myself or have it fixed by a mate for less.
It's all a risk but in my opinion pay monthly with a £250 excess is great peace of mind. Up to you though, I can understand your reservations! You are certainly gambling your losses.
That would be a total bargain, I would of course have the warranty if it was 350. Interestingly I’m sure the lady I spoke to said it’s a one off payment, I asked about paying monthly and was led to believe that wasn’t possible with my warranty offer
5517 said:
M2 Competition coming up for 3 years old very soon and have received the extended warranty offer from BMW.
£3500 for 2 years!!!!
More than any Supercar ive owned for a 2 series beemer!
I am baffled by this. The official BMW warranty though Mondial/Allianz/AWP is sold yearly. Is this direct with them on https://www.bmw-warranty.co.uk/?£3500 for 2 years!!!!
More than any Supercar ive owned for a 2 series beemer!
Or through a dealer? It might be another product.
If I login on mine, which is due early March, the price of the renewal is the same as last year, ie £995 fully comp / £100 excess / no assistance. And I can't buy 2 years, just the next 12 months.
I also understand from another PHer that the price is the same irrespective of what M car you have.
Lot of confusing information in posts above. This is based on my experience with a car that I bought from and independent dealer
Bought a 2009 E91 325d in April 2014 with 42k on clock. Although 3.0 litre 6 cylinder I was concerned about timing chain snapping and destroying engine which would have cost about 5k to replace (car cost 15k) Rang BMW insured warranty up and asked for a quote for insured warranty - online calculator said couldn't quote and asked me to ring them.
Car had full bmw service history. Rang them expecting some sort of cop out and surprised to be advised that the car had a BMW approve used car warranty on it valid for another month. Easy to transfer at no cost. BMW then gave me price to continue warranty with a BMW insured warrant. Could pay yearly in advance or monthly premium. The warranty would be continues if I took insured warrantee for day after AUC warranty ran out. Could also take same insured used car warranty out at anytime in future but in that situation the car would not be covered for 1st month after taking it out (to protect co from warranty claim on existing faults- didbnt ask how they would prve this).
Premium exactly he same for taking policy out either straight away or at other time in future. Except as noted above if you pay yearly the annuls charge will increase(often substantially- see below) once mileage had gone over 60k miles. Paid the policy monthly and continued it car had done more than 60k miles. Premio increase slightly at renewal but from about £30/month to £34/ month over about 5 years. Got cheapest policy possible by having £250 excess and not having recovery. Never used it so could be considered a waste of money but I had piece of mind.
Still got the car but bought a 2009 z4 35i s DCT in pandemic which had a easting BMW insured warrant on it. For z4 premium goes from about £40 to £75/month once past 60k miles. BMW insured warranty messed up transfer and a gesture of goodwill offered to insurance at lower rate. Snatched their hands of. RAC report picked up a few problems and had fuel pump, oil housing gasket and rocker cover gasket all replaced under warranty for £250.. It is £250 per claim -not per individual problem so been excellent value for me. At renewal policy went up less than £1/ month extra
I wouldn't run a 35i without the insured policy but other z4's don;t have as many problems so at end of day its down to own decision how reliable you consider car to be v cost of warranty.
The z4 replaced a 2003 330ci manual that I had for 13years. Know problems such as week water pumps etc but all relatively cheap to fix and serviced by an indies BMW garage and no need for a warranty.
Bought a 2009 E91 325d in April 2014 with 42k on clock. Although 3.0 litre 6 cylinder I was concerned about timing chain snapping and destroying engine which would have cost about 5k to replace (car cost 15k) Rang BMW insured warranty up and asked for a quote for insured warranty - online calculator said couldn't quote and asked me to ring them.
Car had full bmw service history. Rang them expecting some sort of cop out and surprised to be advised that the car had a BMW approve used car warranty on it valid for another month. Easy to transfer at no cost. BMW then gave me price to continue warranty with a BMW insured warrant. Could pay yearly in advance or monthly premium. The warranty would be continues if I took insured warrantee for day after AUC warranty ran out. Could also take same insured used car warranty out at anytime in future but in that situation the car would not be covered for 1st month after taking it out (to protect co from warranty claim on existing faults- didbnt ask how they would prve this).
Premium exactly he same for taking policy out either straight away or at other time in future. Except as noted above if you pay yearly the annuls charge will increase(often substantially- see below) once mileage had gone over 60k miles. Paid the policy monthly and continued it car had done more than 60k miles. Premio increase slightly at renewal but from about £30/month to £34/ month over about 5 years. Got cheapest policy possible by having £250 excess and not having recovery. Never used it so could be considered a waste of money but I had piece of mind.
Still got the car but bought a 2009 z4 35i s DCT in pandemic which had a easting BMW insured warrant on it. For z4 premium goes from about £40 to £75/month once past 60k miles. BMW insured warranty messed up transfer and a gesture of goodwill offered to insurance at lower rate. Snatched their hands of. RAC report picked up a few problems and had fuel pump, oil housing gasket and rocker cover gasket all replaced under warranty for £250.. It is £250 per claim -not per individual problem so been excellent value for me. At renewal policy went up less than £1/ month extra
I wouldn't run a 35i without the insured policy but other z4's don;t have as many problems so at end of day its down to own decision how reliable you consider car to be v cost of warranty.
The z4 replaced a 2003 330ci manual that I had for 13years. Know problems such as week water pumps etc but all relatively cheap to fix and serviced by an indies BMW garage and no need for a warranty.
Edited by twokcc on Tuesday 15th February 14:47
BMW warranty is a flat "M" car rate. Doesn't matter what you have. An M2 is the same as an M5 for a given age/mileage
One reason why i'm ok with a manual OG M2 out of warranty. Effectively i'd be subsidising someone else with a more complicated M car. Mine is a manual, with non-adaptive dampers, and the seemingly reliable N55 engine. After 2x M135i that have been faultless i'm ok with it.
It i had an X6M i might take it though!
One reason why i'm ok with a manual OG M2 out of warranty. Effectively i'd be subsidising someone else with a more complicated M car. Mine is a manual, with non-adaptive dampers, and the seemingly reliable N55 engine. After 2x M135i that have been faultless i'm ok with it.
It i had an X6M i might take it though!
Gassing Station | M Power | Top of Page | What's New | My Stuff