Views on BMW Warranty extensions
Discussion
I have run BMW extended warranties on all my BMW's over the last 10 years. On my 2009 E61 530i I had warranty work done over the 4 years of ownership that well exceeded the value of the car but that included replacing almost every part of the N53 engine in some cases multiple times. I then had extended warranty on my 2013 F06 640d which would have cost me well over £5K had I had to pay for the repairs my self. My current 2018 F06 640d has had zero warranty claims in the last 2 years but the cost is around £680 / year with £250 excess and includes breakdown. For the peace of mind it is worth it. It doesn't take much for a 4 figure bill these days..
Collected the car from Bowker BMW yesterday
All the front suspension issues sorted (new bump stops, new dust boots and all new bolts fitted); intermittent horn fixed and the tailgate has had a new latch/switch fitted, so it opens/closes as it should now and no more intermittent latching, but not locking etc
Very happy with that, all under warranty and I paid the £250 excess.
Labour alone would have been much more than that!
All the front suspension issues sorted (new bump stops, new dust boots and all new bolts fitted); intermittent horn fixed and the tailgate has had a new latch/switch fitted, so it opens/closes as it should now and no more intermittent latching, but not locking etc
Very happy with that, all under warranty and I paid the £250 excess.
Labour alone would have been much more than that!
d_a_n1979 said:
Collected the car from Bowker BMW yesterday
All the front suspension issues sorted (new bump stops, new dust boots and all new bolts fitted); intermittent horn fixed and the tailgate has had a new latch/switch fitted, so it opens/closes as it should now and no more intermittent latching, but not locking etc
Very happy with that, all under warranty and I paid the £250 excess.
Labour alone would have been much more than that!
Good to see they lumped all the work under one claim (only the one excess payment).All the front suspension issues sorted (new bump stops, new dust boots and all new bolts fitted); intermittent horn fixed and the tailgate has had a new latch/switch fitted, so it opens/closes as it should now and no more intermittent latching, but not locking etc
Very happy with that, all under warranty and I paid the £250 excess.
Labour alone would have been much more than that!
With warranties you only ever hear of the people that claim, never the ones that pay renewal fees religiously every year without claiming.
It’s insurance. The insurance companies make money otherwise they wouldn’t do it. Statistically you save more money not having a warranty. It just depends on how you want to sleep and if you trust the warrant company not to wiggle out of any claim.
A lot of times faults can be fixed outside the dealer network for a cost within even the Warranty excess - a lot of times you cant!
It’s insurance. The insurance companies make money otherwise they wouldn’t do it. Statistically you save more money not having a warranty. It just depends on how you want to sleep and if you trust the warrant company not to wiggle out of any claim.
A lot of times faults can be fixed outside the dealer network for a cost within even the Warranty excess - a lot of times you cant!
iain123 said:
With warranties you only ever hear of the people that claim, never the ones that pay renewal fees religiously every year without claiming.
That had crossed my mind. Reading these forums it's as though every nearly new BMW starts dropping to bits in no time... yet my 24 year old (and owned from new) E36 3 Series has been pretty much bulletproof, other than stuff relating to its old age starting to crop up... my OH's 18 year old E87 120d (owned from three years old) has had one issue in all the years she's owned it... and my best mate bought an F30 320d which worked faultlessly for the 100k miles that he put on it, having bought it with 50k miles already on it.Gassing Station | BMW General | Top of Page | What's New | My Stuff