BMW extended warranty cost

[PTF]

Swervin_Mervin said:

I have Driveline on my '06 N52 330i. First year paid for itself as I had both rear wheel bearings replaced under it, ad that's taking into account the £100 excess. Driveline covers most things tbh, including any electrics relating to the engine, unless you've got a turbo - in that case I think you need named component but I may be wrong. Think I pay c£45/mo

I can't remember what our F20 125i has (Named or Driveline) but that's paid for itself for many years after having new a/c compressor, new cylinder head and new turbo Think this one's about £35-40/mo.

eek!

Thanks.

[Gav147]

e92 325i fully comp warranty quoted ~£650/year, didn't bother renewing, 4 years ownership and only fault was high pressure fuel pump at ~£800 so just over £1k saved without it (first year free.) although could soon go the other way with one or two more faults like that!

[tjlees]

PTF said:

Been quoted the following on a 130i. It's been under mondial warranty by the same owner since new (11 yrs!). It's on 52k miles and is an 06 plate. The call centre lady said that monthly the price will continue once it ticks over 60k miles, but annually it will rise on renewal once the mileage ticks over 60k. But paying monthly they reserve the right to raise the price at any time.
....
I'm quite tempted to keep this going. One thing that worries me is that if the previous owner has kept it for 11 yrs, did they get good value out of it? Personally after about 7 or 8 years i'd be considering whether it's worth it! So maybe it's had some big bills!?!??
....
Thoughts/opinions welcome!

Not a lot of miles - personally on extended warranties, I've only really had things go wrong post 60-70k once the original warranty has fixed a few niggles.

Worth checking the small print for what is covered after 10 years and the perished, wear and tear clauses.

I was going to take a warranty out on the OH car but it's 3yo and at 20k - even at 10k per year l'm unlikely to much over 60k in 4 years so probably better save the £600 odd yearly warranty cost.

It worth noting that Indys are a lot cheaper on the labour side and the eom parts are cheaper (providing they fit - but that's the Indys problem!)

[thegreatdogwood]

I ran my E70 X5 under extended warranty for 6 years and always got my money back in repairs. Cost was £105 per month and I ran the car up to 156,000 miles when I sold it. It is a lottery as you can get lucky, but repair costs can quickly mount up.

In my experience they do put the monthly premiums up when the mileage racks up, but not by much

[tjlees]

thegreatdogwood said:

I ran my E70 X5 under extended warranty for 6 years and always got my money back in repairs. Cost was £105 per month and I ran the car up to 156,000 miles when I sold it. It is a lottery as you can get lucky, but repair costs can quickly mount up.

In my experience they do put the monthly premiums up when the mileage racks up, but not by much

Good to know - I intend to go this route next month doing 20k per year but kept it below 60k before three years is up.

What will they repair post 100k?

Warrantywise and others don't do wear no tear post 100k - and they are now pain in the arse over repairs (were really good when they first came out and covered egr valves and locks - basically anything mechanical/electrical)

[Spuffington]

If you keep the car on monthly direct debits, they will Keep the fully comprehensive cover in place. If, however, you choose to go annual, then comprehensive will fall away after 100k and you will be limited to drivetrain only.

The latest version of the Mondial BMW Extended Warranty includes cover for wear & tear.

I have a 2yr AUC warranty on my 530d which is currently on 84k miles. I'm hoping to keep it under the 100k by Mar 2020 (will be a close run thing), I that I can then renew with monthly cover on comprehensive. Even if I can't, I'll likely just pay for the DriveLine cover, as like others on here, I have frequently saved money by having the policy with pretty much every BMW I've owned.

[thegreatdogwood]

tjlees said:

thegreatdogwood said:

I ran my E70 X5 under extended warranty for 6 years and always got my money back in repairs. Cost was £105 per month and I ran the car up to 156,000 miles when I sold it. It is a lottery as you can get lucky, but repair costs can quickly mount up.

In my experience they do put the monthly premiums up when the mileage racks up, but not by much

Good to know - I intend to go this route next month doing 20k per year but kept it below 60k before three years is up.

What will they repair post 100k?

Warrantywise and others don't do wear no tear post 100k - and they are now pain in the arse over repairs (were really good when they first came out and covered egr valves and locks - basically anything mechanical/electrical)

Over 100k you still keep full cover if you take out a monthly policy before you get there. The policy has wording to exclude normal wear and tear. That's the area you get the debates over and why I eventually sold my car at 156k miles. Up to that point they generally accepted any claims, but at 156k miles it becomes arbitrary how long the expected life of any component should be and if it is covered. I had a lot of claims in the 100 to 150k mileage band and the only one I had to cover was damage deemed to have been caused by water damage because the seal on the engine gutter had leaked water onto an injector.

If you take out a policy before 100k it also gives you a longer track record of being with them when you get to 100k miles. Makes it easier to call BMW customer services direct if you ever have a claim refused by the dealer to play the card that you've held the policy for years and that you aren't happy they've chosen to decline on mileage grounds now you've got to the point in time that you'd expect the warranty to have value. I had to do that twice in 6 years and both times got a "goodwill gesture" as BMW will never publicly change their mind on a claim so that's how they save face.

So in my experience the policy was 100% worth having and I would have it again. I also kept the car 100% serviced in the dealer network to avoid any wriggle room that servicing was a factor. It also got me the goodwill from the dealer servicing it too when a warranty claim arose.

[tjlees]

thegreatdogwood said:

tjlees said:

thegreatdogwood said:

I ran my E70 X5 under extended warranty for 6 years and always got my money back in repairs. Cost was £105 per month and I ran the car up to 156,000 miles when I sold it. It is a lottery as you can get lucky, but repair costs can quickly mount up.

In my experience they do put the monthly premiums up when the mileage racks up, but not by much

Good to know - I intend to go this route next month doing 20k per year but kept it below 60k before three years is up.

What will they repair post 100k?

Warrantywise and others don't do wear no tear post 100k - and they are now pain in the arse over repairs (were really good when they first came out and covered egr valves and locks - basically anything mechanical/electrical)

Over 100k you still keep full cover if you take out a monthly policy before you get there. The policy has wording to exclude normal wear and tear. That's the area you get the debates over and why I eventually sold my car at 156k miles. Up to that point they generally accepted any claims, but at 156k miles it becomes arbitrary how long the expected life of any component should be and if it is covered. I had a lot of claims in the 100 to 150k mileage band and the only one I had to cover was damage deemed to have been caused by water damage because the seal on the engine gutter had leaked water onto an injector.

If you take out a policy before 100k it also gives you a longer track record of being with them when you get to 100k miles. Makes it easier to call BMW customer services direct if you ever have a claim refused by the dealer to play the card that you've held the policy for years and that you aren't happy they've chosen to decline on mileage grounds now you've got to the point in time that you'd expect the warranty to have value. I had to do that twice in 6 years and both times got a "goodwill gesture" as BMW will never publicly change their mind on a claim so that's how they save face.

So in my experience the policy was 100% worth having and I would have it again. I also kept the car 100% serviced in the dealer network to avoid any wriggle room that servicing was a factor. It also got me the goodwill from the dealer servicing it too when a warranty claim arose.

That sound good!

I agree its worth having. I had Warrantywise one and the prop shaft bearing went at 120k - they wouldn't pay out!

[Vyncenze]

Is the BMW approved used warranty the same thing as the mondial one? Same cover?

[Swervin_Mervin]

No. The AUC is a proper warranty. The BMW Insured Warranty is just an insurance policy essentially.

[Vyncenze]

So given the option of buying the same car approved used or from a non-bmw dealer and adding the mondial warranty you'd go for the approved used? Assuming same cost..

[Swervin_Mervin]

It shouldn't matter either way tbh, but I'd actually go with the BMW Insured Warranty, rather than AUC. There are plenty of stories out there about things not being resolved under AUC, but far fewer (as far as I can tell) when matters are dealt with via the Insured policy

[Vyncenze]

Gotcha, thanks.

And do you only get the cheaper rate on mondial if you buy it before the end of the original 3 year new car warranty? Or will you still get it at the end of an AUC warranty? Sorry for all the questions..

[gtidriver]

My used car bmw warranty expires on the 27th of this month. The car was in for an mot and some warranty work a couple of days ago, my two main issues are the 1-8 buttons are split allowing light through the numbers, this is being fixed under warranty, the second issue is that the leather on the steering wheel is crackin, its on the top right just above where i place my hand whilst driving. This was thrown back as a trim item that isnt covered. Is it worth taking it up with BMW uk or wait till it gets worse then have the wheel retrimmed at my cost .... car is 49 months old 57000miles. My other car is a 2011 125i thats done 63000 miles and the steering wheel is in much better condition.

[Swervin_Mervin]

Vyncenze said:

Gotcha, thanks.

And do you only get the cheaper rate on mondial if you buy it before the end of the original 3 year new car warranty? Or will you still get it at the end of an AUC warranty? Sorry for all the questions..

No idea sorry. We've only had it on cars with no pre-existing warranty.

[farbbm]

I've just received my renewal for our 2013 116 ED the figures are £320.81 for comprehensive cover with a £250 excess, £288 for named component and £248 for driveline both with the same excess. The car has currently done 52,000 miles with around 22,000 more being added every year, so it is worth taking out a BMW warranty when it's under 4 years old and the mileage is so close to the 60,000 limit when the price would increase dramatically next year come the renewal or would I be better off paying monthly as I thought it just used to carry on year on year although I'm not sure if that is still the case?

[Fox-]

That really is annoyingly cheap.

[PTF]

farbbm said:

I've just received my renewal for our 2013 116 ED the figures are £320.81 for comprehensive cover with a £250 excess, £288 for named component and £248 for driveline both with the same excess. The car has currently done 52,000 miles with around 22,000 more being added every year, so it is worth taking out a BMW warranty when it's under 4 years old and the mileage is so close to the 60,000 limit when the price would increase dramatically next year come the renewal or would I be better off paying monthly as I thought it just used to carry on year on year although I'm not sure if that is still the case?

Pretty much same position as me. Mine is a 130i, but a 2006 model and with 52k miles. Quoted £388 comprehensive with £250 excess. It's a new car to me, so tempted to do it for the first year and see what happens.

[T16OLE]

I pay about £80PM for the fully comp warranty for a 640d.

I took out the policy at 59k, they let me do so early and prior to the AUC warranty running out in order to be under the 60k mark, which would have meant it jumping to £140pm.

I’ve probably had about £6k of warranty repairs throughout the AUC.

So far throughout the repair warranty I’ve had leaky diff sorted, apparently it was a big expensive job too. Over £750.

The parts & labour rates are excessive and judging by its previous niggles I’d not own another car out of warranty within reason

[thegreatdogwood]

farbbm said:

I've just received my renewal for our 2013 116 ED the figures are £320.81 for comprehensive cover with a £250 excess, £288 for named component and £248 for driveline both with the same excess. The car has currently done 52,000 miles with around 22,000 more being added every year, so it is worth taking out a BMW warranty when it's under 4 years old and the mileage is so close to the 60,000 limit when the price would increase dramatically next year come the renewal or would I be better off paying monthly as I thought it just used to carry on year on year although I'm not sure if that is still the case?

Take out a comprehensive monthly policy if you are planning on keeping the car for any length of time