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-   -   2008 650i Extended Warranty or Not (http://www.bimmerfest.com/forums/showthread.php?t=648754)

satishk 09-28-2012 11:52 AM

2008 650i Extended Warranty or Not
 
I bought a 08 650 Convertible back in June with 34k miles on it. The car is still under factory warranty until December 2012.

I am still on the line about extended warranties and maintenance, this is what the dealership quoted.

Extended Warranty - $4500 - additional 5yrs/100k miles $50 deductible per visit
Maintenance Package - $2500 with $0 deductible. This covers oil changes, maintenance services, brakes etc.

Being a first time BMW owner, I am not sure if I should spend the extra money on the warranty for peace of mind.

bedstuyguy86 09-28-2012 12:57 PM

Really only matters if you are planning on keeping the car. If so you need a warranty but i would probably quote some aftermarket warranties to have a cost/coverage comparison.

satishk 09-28-2012 02:05 PM

I plan to keep the car for 2 - 3 years at the most. Would average around ~8k miles/year.

@bedstuyguy86 - I haven't heard/read a lot of good things about the after market warranties. Do you have any experiences?

greco2000 09-28-2012 02:14 PM

Get it. Last thing you need is warranty issues. Especially if you plan to keep it.

FYI: I used to have an out of warranty 745i... Last year alone, I spent $7000+ in maintenance! Noooooo thank you!

satishk 09-28-2012 02:21 PM

Quote:

Originally Posted by greco2000 (Post 7102565)

FYI: I used to have an out of warranty 745i... Last year alone, I spent $7000+ in maintenance! Noooooo thank you!


$7k sounds scary!!
How many miles did you have on the 745?

mjposner 09-28-2012 03:44 PM

Make sure that 5 years is from date of purchase not from in service date.

See if dealer offers BMWCCA discount and if not a member join.

USAA quoted me 4 years/48k miles at over 6k

greco2000 09-28-2012 10:09 PM

I had 160,000km's when I sold it...


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