640d - do I renew my warranty
Discussion
Firstly, Merry Christmas PH
Secondly, I have a 2011 640d bought earlier in the year from BMW under their approved used car scheme. It comes with a 12 month manufacture warranty and so far it's been great, replaced front discs & pads £600, the EGR cooler which I'm guess was expensive & the cameras & module of the surround view system, again, I'd imagine pretty expensive.
So my question is, should I renew the warranty.
Cost, £740 pa - £250 excess or £890 - £100 excess
Mileage is 56k, I'm doing 25k pa
It's a complex car and plenty that could potentially ruin me
Secondly, I have a 2011 640d bought earlier in the year from BMW under their approved used car scheme. It comes with a 12 month manufacture warranty and so far it's been great, replaced front discs & pads £600, the EGR cooler which I'm guess was expensive & the cameras & module of the surround view system, again, I'd imagine pretty expensive.
So my question is, should I renew the warranty.
Cost, £740 pa - £250 excess or £890 - £100 excess
Mileage is 56k, I'm doing 25k pa
It's a complex car and plenty that could potentially ruin me
Welshbeef said:
I've had my F10 535d for over two years now it came with a 2 year AuC BMW warranty.
Sole thing replaced was a glow plug.
As it happens I've not renewed ... fingers crossed.
That's the thing!Sole thing replaced was a glow plug.
As it happens I've not renewed ... fingers crossed.
£90 a month is one thing, £140 is another.
I guess it doesn't give me much confidence with BMW wanting that much to guarantee the car
I plan to keep it for 4 years, if I opt for the warranty for the first few, it would be Sod's law failure will happen towards the end of my ownership and when the car is much older & worn. Then perhaps it may be better to save from day one
Edited by T16OLE on Sunday 25th December 11:00
turboman786 said:
DEFFO renew
My 640dgc has a headlight issue that will cost £3400......outrageous price. ...you could buy a nice little car for the price of a light!
Oh god! Mine have started misting up recently too. My 640dgc has a headlight issue that will cost £3400......outrageous price. ...you could buy a nice little car for the price of a light!
What's the fault?
This warranty cost is certainly a round for the leasing team
ITP said:
Get the warranty if you want to keep the car, one claim will most likely pay for itself.
It's just the price you have to pay for a 'premium' German brand these days.
Warranty price says a lot about how much faith BMW have in their own product, especially after only 60k miles.
Other option is to get rid and get a Lexus!
£6.5k over 4 years is a real sting. It's just the price you have to pay for a 'premium' German brand these days.
Warranty price says a lot about how much faith BMW have in their own product, especially after only 60k miles.
Other option is to get rid and get a Lexus!
Thats on top of paying for the car too
One hell of a war chest.
jonah35 said:
Trouble is £1500 is £125 pm. Plus paying for a heavily depreciating car. Plus non warranty claims. Plus heavy tax. Plus car finance payments.
All of a sudden its not cheap motoring. Lets say £30pm tax £125 warranty, £300-400pm depreciation, non warranty claims £30 pm, £50 pm finance cost or whatever and its pretty costly for a 6 year old car with old tech.
Youre verging towards leasing a new car being cheaper or at least better value eg a new e class, new a8 or whatever.
Mileage is your big killer but that will be killing residuals on your car too. In 2 years it will be a 106k mile car worth verry little.
Id chop it in and see what lease deal you can get on a car with higher mileage limits.
I only bought it in March!All of a sudden its not cheap motoring. Lets say £30pm tax £125 warranty, £300-400pm depreciation, non warranty claims £30 pm, £50 pm finance cost or whatever and its pretty costly for a 6 year old car with old tech.
Youre verging towards leasing a new car being cheaper or at least better value eg a new e class, new a8 or whatever.
Mileage is your big killer but that will be killing residuals on your car too. In 2 years it will be a 106k mile car worth verry little.
Id chop it in and see what lease deal you can get on a car with higher mileage limits.
I thought long and hard about this but a similar lease car with 25k is £6pa.
In relation to the tech, the current model as far as I'm aware is nearly identical
My car should be worth £8-£10k in 4 years time.
Over the 5 year period it'll have cost me £25k minus the £8-10k residual value. (Excluding warranty)
£
jonah35 said:
Trouble is £1500 is £125 pm. Plus paying for a heavily depreciating car. Plus non warranty claims. Plus heavy tax. Plus car finance payments.
All of a sudden its not cheap motoring. Lets say £30pm tax £125 warranty, £300-400pm depreciation, non warranty claims £30 pm, £50 pm finance cost or whatever and its pretty costly for a 6 year old car with old tech.
Youre verging towards leasing a new car being cheaper or at least better value eg a new e class, new a8 or whatever.
Mileage is your big killer but that will be killing residuals on your car too. In 2 years it will be a 106k mile car worth verry little.
Id chop it in and see what lease deal you can get on a car with higher mileage limits.
My costs are as followsAll of a sudden its not cheap motoring. Lets say £30pm tax £125 warranty, £300-400pm depreciation, non warranty claims £30 pm, £50 pm finance cost or whatever and its pretty costly for a 6 year old car with old tech.
Youre verging towards leasing a new car being cheaper or at least better value eg a new e class, new a8 or whatever.
Mileage is your big killer but that will be killing residuals on your car too. In 2 years it will be a 106k mile car worth verry little.
Id chop it in and see what lease deal you can get on a car with higher mileage limits.
£285 per month
£15 per month tax
Deprecation isn't really a double cost, I put a £10k deposit down and should be worth that roughly in 4 years time, so really he monthly finance is the depreciation.
I had a TT V6 before, when working out my monthly costs it was only an
extra £75 pm or so to upgrade.
It's not too bad IMHO
It's not too much of a struggle, I earn a reasonable amount, no kids, no expensive hobbies etc.
I toyed with the idea of leasing a 335d cost was £5k pa on 18k miles. So over a five year period would've cost me
£25k + mileage overrun.
Mine over the period will cost me £16k + maintenance.
I suppose really, it comes down to: will the likely repairs be in excess of the cost of the warranty for the remaining period. That's a question nobody can answer at the moment. It is a chunk of cash but then something like IDrive failure or a turbo issue could wipe out any saving in one hit.
If I plan to 100k in the thing taking it to 150k one chance of at least one big bill is probably high
I toyed with the idea of leasing a 335d cost was £5k pa on 18k miles. So over a five year period would've cost me
£25k + mileage overrun.
Mine over the period will cost me £16k + maintenance.
I suppose really, it comes down to: will the likely repairs be in excess of the cost of the warranty for the remaining period. That's a question nobody can answer at the moment. It is a chunk of cash but then something like IDrive failure or a turbo issue could wipe out any saving in one hit.
If I plan to 100k in the thing taking it to 150k one chance of at least one big bill is probably high
To shed some further light on this
It appears that there is two options
12 month policy
Monthly on going policy
Both are considerably cheap if under 60k (mines currently on 56k)
If I choose the on going monthly option it does not expire unless cackled by me.
However, my approved used car warranty expires in the spring, by that time title be over 60k.
It would make a huge difference in cost over the next 3 years if I'm able to take out the policy prior to hitting 60k.
Does anyone know if that's acceptable to them?
I.e having existing AUC cover and purchasing a Mondale warranty prior to its expiration.
The difference is cost is about £60 per month!!!
It appears that there is two options
12 month policy
Monthly on going policy
Both are considerably cheap if under 60k (mines currently on 56k)
If I choose the on going monthly option it does not expire unless cackled by me.
However, my approved used car warranty expires in the spring, by that time title be over 60k.
It would make a huge difference in cost over the next 3 years if I'm able to take out the policy prior to hitting 60k.
Does anyone know if that's acceptable to them?
I.e having existing AUC cover and purchasing a Mondale warranty prior to its expiration.
The difference is cost is about £60 per month!!!
gizlaroc said:
I don't, because they won't, and then you have flagged with them your car will be over the mileage.
They will not budge from the terms, many have tried over the years and never heard of any success.
To confirm, you mean buying the mondial warranty whilst still covered under AUC prior to hitting 60kThey will not budge from the terms, many have tried over the years and never heard of any success.
Blown2CV said:
i don't think he can afford it either, hence the thread.
Slightly harsh as you don't have any idea of my disposal income, and I'm not saying this in a knobby way, but I can afford the cost of the warranty. The underlying question in my thread is more, do I spend the money on a warranty or pay for any repairs from my
Pot
Blown2CV said:
T16OLE said:
Blown2CV said:
i don't think he can afford it either, hence the thread.
Slightly harsh as you don't have any idea of my disposal income, and I'm not saying this in a knobby way, but I can afford the cost of the warranty. The underlying question in my thread is more, do I spend the money on a warranty or pay for any repairs from my
Pot
T16OLE said:
It's a complex car and plenty that could potentially ruin me
gizlaroc said:
They will not deviate from their terms and conditions, they are incredibly strict in this regard.
No point at all telling them you will be over by March, they will not bend the rules and they certainly won't rejig the price either.
Best bet apply 30 days before, this is allowed, and put down 56k miles or something, but consider if you need to go to the dealer before for any reason, if you do your mileage will be logged on BMWs system, so if you are due a service or something, maybe get it done early?
As far as I can see I can log on, apply for a quote and accept onlineNo point at all telling them you will be over by March, they will not bend the rules and they certainly won't rejig the price either.
Best bet apply 30 days before, this is allowed, and put down 56k miles or something, but consider if you need to go to the dealer before for any reason, if you do your mileage will be logged on BMWs system, so if you are due a service or something, maybe get it done early?
I also can't see anything in the terms to say you cannot have an existing AUC warranty
Gassing Station | BMW General | Top of Page | What's New | My Stuff