BMW X5 Warranty Renewal
Discussion
It is a lottery!
A really tough choice - you know that it's like insurance - they must on average pay out less, but you have to ask yourself "do you feel lucky punk" :-)
The other question is how long will you keep the car - the warranty will help resale.
On balance, I'd pay it. Having said that, if you plan to keep the car for a few years, saving 800+ per year might make more sense...
A really tough choice - you know that it's like insurance - they must on average pay out less, but you have to ask yourself "do you feel lucky punk" :-)
The other question is how long will you keep the car - the warranty will help resale.
On balance, I'd pay it. Having said that, if you plan to keep the car for a few years, saving 800+ per year might make more sense...
I agree 3rd party are a waste of time - I have tried warranty works and a number of others and they all had lots of clever get outs "possibly pre-exisitng", or "not a complete failure"...
On the other hand my M% with extended BMW warranty had about 11k of work done.
If you are going to keep it a long time, I'd stick 500 a year away...
On the other hand my M% with extended BMW warranty had about 11k of work done.
If you are going to keep it a long time, I'd stick 500 a year away...
When the BMW warranty has run out in the past we have always renewed it. It's certainley paid off in some cases, the M3 had two Vanos units at over a grand each, a new exhaust manifold, battery and rear suspension top mounts that I can remember. Generally now we tend to change cars just before the three years is up. It's easy to eat up money though, our last e46 had both xenon headlamps replaced under warranty at around £550 each. Also the BMW warranty covers any parts, apart from consumables, that are required to pass an MOT. Plus the breakdown cover and accident management facility. Third party warranties I've found are a waste of time.
My boss had a 750i and had 8 grands worth of engine work done under warranty. He then let the warranty lapse and had to pay out for a new fuel tank and then £2K on new suspension.
Also how helpful is your dealer, does he like doing warranty work or try and avoid it?
I know it's a gamble but I like the safety factor of BMW warranties.
Regards
Chris
My boss had a 750i and had 8 grands worth of engine work done under warranty. He then let the warranty lapse and had to pay out for a new fuel tank and then £2K on new suspension.
Also how helpful is your dealer, does he like doing warranty work or try and avoid it?
I know it's a gamble but I like the safety factor of BMW warranties.
Regards
Chris
badger748 said:
3rd party warranty co doesnt appeal - bad experiences.
Plan to keep the car a long time - family wagon, etc. Day to day i scoot round in a Golf GTI DSG.
Re-sale worries not an issue as not selling X5 for a long time.......so - weighing it all up !?
Anyone had to make a warranty claim on an X5 ??
Cheers
Lee
Hmm. Warranty Direct cover all the major components you'd worry about - gearbox, turbo, etc - plus sensors which is a common fault. They also will allow you to take the car to a BMW dealer for the work for a small extra in the premium. I'd take a look. The can be negotiated with on the price of premiums too.Plan to keep the car a long time - family wagon, etc. Day to day i scoot round in a Golf GTI DSG.
Re-sale worries not an issue as not selling X5 for a long time.......so - weighing it all up !?
Anyone had to make a warranty claim on an X5 ??
Cheers
Lee
Mines under manufacturers warranty for another 2 years 9 months, but i dont think i'd want to be running one without a warranty. I'll weigh up the price of the bmw one at the time and the likes of warranty direct, reading the small print on both policies.
BMW = good warranty (though not as good as it used to be) that's very expensive.
Aftermarket warranties = not worth the paper they're written on... squirmier and slippier than an oiled-eel when you try to claim and usually impose claim limits that render the whole thing pointless give that it's the cost of the financially crippling 'big one' that you most want protection from.
Aftermarket warranties = not worth the paper they're written on... squirmier and slippier than an oiled-eel when you try to claim and usually impose claim limits that render the whole thing pointless give that it's the cost of the financially crippling 'big one' that you most want protection from.
MitchT said:
BMW = good warranty (though not as good as it used to be) that's very expensive.
Aftermarket warranties = not worth the paper they're written on... squirmier and slippier than an oiled-eel when you try to claim and usually impose claim limits that render the whole thing pointless give that it's the cost of the financially crippling 'big one' that you most want protection from.
DING. What he said.Aftermarket warranties = not worth the paper they're written on... squirmier and slippier than an oiled-eel when you try to claim and usually impose claim limits that render the whole thing pointless give that it's the cost of the financially crippling 'big one' that you most want protection from.
I've a 330d at 71k and have renewed the warranty for the last three years.
In that time I've had warranty claims for the fuel pump, rear spring breakage (note suspension components are not covered after 60k), propshaft doughnut, and heater resistor (I think that's the lot) all standard 3 series weak points.
However if I'd stuck that money in the bank and used a decent independant specialist for servicing and fixing those faults, rather than a main dealer as stipulated by the warranty T&Cs, I'd have the best part of three grand in my account to pay for any major future breakage.
That's quite a lot of money for peace of mind.
BMWs are that common that most faults are known, so you should be able to take an educated guess whether to self insure or get a warranty.
Not sure I'd bother with the BMW warranty again.
In that time I've had warranty claims for the fuel pump, rear spring breakage (note suspension components are not covered after 60k), propshaft doughnut, and heater resistor (I think that's the lot) all standard 3 series weak points.
However if I'd stuck that money in the bank and used a decent independant specialist for servicing and fixing those faults, rather than a main dealer as stipulated by the warranty T&Cs, I'd have the best part of three grand in my account to pay for any major future breakage.
That's quite a lot of money for peace of mind.
BMWs are that common that most faults are known, so you should be able to take an educated guess whether to self insure or get a warranty.
Not sure I'd bother with the BMW warranty again.
Edited by DJFish on Wednesday 6th February 18:05
i have renewed the warranty on my X5 4.6is 3 times (since it was 3 years old), i have to say at £900 a pop , it is steep , what they dont advertise is that there is a £100 excess for each claim !!
That said , i have had a new set of runnign boards , a binacle cluster , a/c pump , and folding mirror - the cost of which would more or less the cost of the warranty assuming i had the work done at the dealer , but whats the cost of piece of mind .....
its due again in july , and not sure what im doing - ie keeping / renewing , but if i keep the car ill pay the £900 dabs , just for piece of mind ..
That said , i have had a new set of runnign boards , a binacle cluster , a/c pump , and folding mirror - the cost of which would more or less the cost of the warranty assuming i had the work done at the dealer , but whats the cost of piece of mind .....
its due again in july , and not sure what im doing - ie keeping / renewing , but if i keep the car ill pay the £900 dabs , just for piece of mind ..
Gassing Station | BMW General | Top of Page | What's New | My Stuff