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General BMW
Use this forum to talk about general BMW news/stories and to chat with fellow enthusiasts about the direction that BMW is going in for their cars and/or motorcycles!

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  #1  
Old 05-13-2011, 02:48 PM
Jax5 Jax5 is offline
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Mein Auto: Z4 Coupe 2007
Thumbs up BMW Extended Warranty Deals - May 2011!

I have a BMW that's nearing the end of its 4 year new car warranty. The retail price for a BMW-backed extended warranty is rather expensive. Even invoice is rather high, but it's better than retail!

I contacted and got quotes from 16 different BMW dealers all over the US. It doesn't matter which BMW dealer you get the warranty from; all BMW dealers except the BMW extended warranty (extended service contract, ESC).

The best price by far being offered by any dealer right now (the ones that I contacted) is through John Andrews at Schaeffer BMW.

If you've been on the fence about a BMW (not 3rd party) extended warranty you won't find a better price. Make sure you specify that you want a deal and wont pay retail. His contact details are:

John Andrews
f & i manager
Schaeffer BMW
4920 New Center Dr
Wilmington, NC 28403
910-392-2700
jandrews@schaefferbmw.com


PS
John did not ask me to post this and does not know I posted this. I am posting this as a courtesy to my fellow BMW drivers. The only reason I knew you could shop around for a BMW extended warranty is because other members have posted similar stories. There is a large mark-up on the warranties and many dealers are willing to go below retail; though some aren't and some go above retail. It helps to shop around.


PPS

The types of extended warranties available are:

ESC 0000000015 - ESC PT+ 60M/100K Mls N/A 1600.00 50.00 PT
ESC 0000000018 - ESC GD 60M/100K Mls N/A 2170.00 50.00 GD
ESC 0000000021 - ESC PL 60M/100K Mls N/A 2380.00 50.00 PL
ESC 0000000024 - ESC PT+ 72M/100K Mls N/A 1820.00 50.00 PT
ESC 0000000027 - ESC GD 72M/100K Mls N/A 2530.00 50.00 GD
ESC 0000000030 - ESC PL 72M/100K Mls N/A 2800.00 50.00 PL
ESC 0000000033 - ESC PT+ 84M/70K Mls N/A 1880.00 50.00 PT
ESC 0000000036 - ESC GD 84M/70K Mls N/A 2630.00 50.00 GD
ESC 0000000039 - ESC PL 84M/70K Mls N/A 2910.00 50.00 PL
ESC 0000000042 - ESC PT+ 84M/100K Mls N/A 2090.00 50.00 PT
ESC 0000000045 - ESC GD 84M/100K Mls N/A 2980.00 50.00 GD
ESC 0000000048 - ESC PL 84M/100K Mls N/A 3310.00 50.00 PL

PT = Power Train +
GD = Gold
PL = Platinum

Those prices are retail. I figure there is about a 39% mark-up on these prices. So you can back into the invoice price if you know how to do math.

The 50 = $50 deductible
60M, 72M, etc = Months
100k mls, etc = Miles
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  #2  
Old 05-26-2011, 01:35 PM
Space grau 550i Space grau 550i is offline
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Thanks for sharing.
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  #3  
Old 05-26-2011, 04:03 PM
Jax5 Jax5 is offline
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.... that $ retail info is for Z4's, but I'm sure the mark-up is similar on other models even if the retail price varies by model.
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  #4  
Old 05-27-2011, 04:34 PM
Boraxo Boraxo is offline
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My advice is to go for the platinum warranty if you decide to buy. And make sure you buy longer term if you don't plan to hit 100k miles within a shorter warranty period as most parts wear out based upon mileage, not time.

Since our OEM warranty expired, we've had 2 major repairs on our 330i. The first cost $400 at our local indy shop, the second was $700 - if you go to the dealer you can add +$200 each. Neither would have been covered by the powertrain warranty.

So we are still ahead of the game at the 74k/5-year mark and counting.
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  #5  
Old 05-28-2011, 05:34 AM
bmwarchitect bmwarchitect is offline
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Are the extended warranties transferrable to the second owner if you sell the car?
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  #6  
Old 05-28-2011, 01:00 PM
Boraxo Boraxo is offline
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Quote:
Originally Posted by bmwarchitect View Post
Are the extended warranties transferrable to the second owner if you sell the car?
Yes, both extended maintenance and extended warranty follow the car, not the owner. So it doesn't make sense to get one if you plan to trade in the car during the warranty period.
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  #7  
Old 06-05-2011, 08:18 PM
rckt rckt is offline
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Do they follow the car only for sale to a privste owner? i.e. Would a Dealer trade void extended agreements?
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  #8  
Old 06-05-2011, 10:39 PM
Sloan165 Sloan165 is offline
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Quote:
Originally Posted by rckt View Post
Do they follow the car only for sale to a privste owner? i.e. Would a Dealer trade void extended agreements?
My car is a CPO car that I bought from a Subaru dealer. After I went to my local BMW dealer to get the maintenance history on my car, they read the key fob and I discovered that I am still covered under the CPO warranty and scheduled maintenance until December of this year. If you read about the CPO warranty it can be transferred but not voided.
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  #9  
Old 06-05-2011, 11:01 PM
Display_Name Display_Name is offline
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Location: CT
 
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Mein Auto: 2011 X5 35d, 2011 Z4 35is
Quote:
Originally Posted by Jax5 View Post
I have a BMW that's nearing the end of its 4 year new car warranty.

The best price by far being offered by any dealer right now (the ones that I contacted) is through John Andrews at Schaeffer BMW.

Is the pricing model dependent, or is it the same across the line?
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  #10  
Old 06-06-2011, 10:22 AM
rjdriver rjdriver is offline
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Quote:
Originally Posted by Display_Name View Post
Is the pricing model dependent, or is it the same across the line?
From what I have seen, there are 5 different categories your car may fall under. The last sheet I have seen is from 1/5/10, maybe the prices have changed but I don't see the OP's exact numbers on my sheet.

I had no idea what the markup was off the retail price. Knowing that it is around 39% gives the buyer an enormous advantage. Thanks Jax!!

Remember if you are looking at this and want it invoice, it is REVERSE markup. Don't just multiply by .39....I know it's basic math, but to save some time from those who are a bit rusty.....(lotta people do this wrong......If something is selling for $100 and the markup is 20%, invoice is not $80.00, but $83.00)

Example: If you are given the selling price and percentage for eg selling price $20 and markup of20% and you are required to find the cost price you know that if cost price is 100% selling price will be 120% and hence you will get your cost price by multiplying 100 into $20 and divide it by 120! In our case if the EVP retail is $ 3560.00 and the markup s 39%- Multiply 3560 by 100 (356,000) then divide by 139 (2561)
Attached Files
File Type: pdf BMW EVP AND CATEGORIES.pdf (174.5 KB, 1293 views)
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  #11  
Old 06-05-2011, 11:22 PM
Greg@Pacific BMW's Avatar
Greg@Pacific BMW Greg@Pacific BMW is offline
Greg Poland Pacific BMW
Location: Glendale, CA
 
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Mein Auto: 2011 X5 3.5 M sport
Try Daniel Dutton @ Pacific BMW 818 246 5600 we are being VERY agressive on our pricing.
danieldutton@pacificbmw.com
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Warmest Regards,

Greg Poland
Pacific BMW
800 South Brand Blvd.
Glendale, CA 91204
818 254 1491
www.PacificBMW.com
gregpoland@pacificbmw.com
Euro delivery, PC delivery, Out of state-new and used car sales
Hours:T-F 1-8 PM,Sat 1 to 8pm, off Sun and Mon.



Current rides: 2013 X5 msport and 2013 535i
15% over wholesale/invoice for all accessories! and free shipping for Bimmerfest members!!
http://www.youtube.com/watch?v=zEK7hG-3fyA
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  #12  
Old 01-25-2013, 01:27 PM
G-pie G-pie is offline
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Location: Dallas
 
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thank you for this (below)! Just got off the phone with Dan Dutton and got a HUGE deal on a 7yr/100k gold warranty (excluding maintenance). $1000 cheaper than my local dealership. WIN!
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


Greg@Pacific BMW
Greg Poland Pacific BMW
Location: Glendale, CA

Join Date: Aug 2010
Posts: 897
Mein auto: 2011 X5 3.5 M sport
View My Garage
Try Daniel Dutton @ Pacific BMW 818 246 5600 we are being VERY agressive on our pricing.
danieldutton@pacificbmw.com
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Warmest Regards,

Greg Poland
Pacific BMW
800 South Brand Blvd.
Glendale, CA 91204
818-254-1491 Direct
www.PacificBMW.com
gregpoland@pacificbmw.com
European delivery, PC delivery, new and used car sales
Hours:M,W,F 1-7PM,Tues. 2-9pm,Sat 1 to 8pm, off Thurs. and Sun.
Current rides: 2011 X5 msport package and 2012 750i active hybrid
12% over wholesale/invoice for all accessories! and free shipping for Bimmerfest members!!

Last edited by G-pie; 01-25-2013 at 01:28 PM.
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  #13  
Old 04-02-2014, 01:17 PM
snaimpally snaimpally is offline
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Location: Austin, TX
 
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Mein Auto: 2011 335i
Quote:
Originally Posted by G-pie View Post
thank you for this (below)! Just got off the phone with Dan Dutton and got a HUGE deal on a 7yr/100k gold warranty (excluding maintenance). $1000 cheaper than my local dealership. WIN!
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


Greg@Pacific BMW
Greg Poland Pacific BMW
Location: Glendale, CA

Join Date: Aug 2010
Posts: 897
Mein auto: 2011 X5 3.5 M sport
View My Garage
Try Daniel Dutton @ Pacific BMW 818 246 5600 we are being VERY agressive on our pricing.
danieldutton@pacificbmw.com
__________________
Warmest Regards,

Greg Poland
Pacific BMW
800 South Brand Blvd.
Glendale, CA 91204
818-254-1491 Direct
www.PacificBMW.com
gregpoland@pacificbmw.com
European delivery, PC delivery, new and used car sales
Hours:M,W,F 1-7PM,Tues. 2-9pm,Sat 1 to 8pm, off Thurs. and Sun.
Current rides: 2011 X5 msport package and 2012 750i active hybrid
12% over wholesale/invoice for all accessories! and free shipping for Bimmerfest members!!
I second that. Daniel Dutton gave me a great quote for 7/70 coverage for both Gold and Protection Plus. I plan to buy from him before my warranty expires.
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  #14  
Old 06-06-2011, 12:27 PM
Munich77 Munich77 is offline
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Does anybody know what the mark-up for extended service is?
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  #15  
Old 06-06-2011, 12:30 PM
rjdriver rjdriver is offline
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Quote:
Originally Posted by Munich77 View Post
Does anybody know what the mark-up for extended service is?
The OP said about 39 percent. Not verified tho!
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  #16  
Old 06-07-2011, 11:42 AM
Longhornsfan Longhornsfan is offline
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Location: Baltimore, MD
 
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Mein Auto: 2007 BMW 335i Coupe
Arrow

I purchased an BMW extended warranty (7 yr/70,000 mile platinum) for my 2007 BMW 335i Coupe from John Andrews today. It was by far the best price offer I received. He is happy to hear from anyone. He will need a copy of your key read (from a local dealership - I had no trouble getting one) to process the warranty. His contact preference is email:

jandrews@schaefferbmw.com

Good luck
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  #17  
Old 06-09-2011, 01:48 PM
sfphilly838 sfphilly838 is offline
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Location: San Mateo, CA
 
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Contacted John - "I canít sell warranties to residents in Washington State, Florida, and California, they have set pricing on Insurance,"

Bummer!
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  #18  
Old 01-08-2013, 02:38 PM
loso81 loso81 is offline
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do they offer financing prices or do u have to pay the full amount out of pocket?
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  #19  
Old 01-08-2013, 02:44 PM
Schnout Schnout is offline
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Quote:
Originally Posted by loso81 View Post
do they offer financing prices or do u have to pay the full amount out of pocket?
Not sure I understand the question.
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  #20  
Old 08-30-2011, 05:31 PM
TJORD TJORD is offline
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Location: VA
 
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I contacted the above at Pacific and got an initial quote of $3300 for 6yrs/100K mi. Now it seems that the price has jumped to $3900 in a day. Have you all seen any better deals?
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  #21  
Old 08-31-2011, 03:50 AM
devla devla is offline
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Location: new york
 
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Mein Auto: 2011 X3 M Sport
Can I buy extended warranty from any dealer? Irrespective of whether I can drive to that dealer to get the car fixed or not?
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  #22  
Old 08-31-2011, 04:18 AM
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mustaine mustaine is offline
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Quote:
Originally Posted by devla View Post
Can I buy extended warranty from any dealer? Irrespective of whether I can drive to that dealer to get the car fixed or not?
Yes. You may buy it from Dealer A and get your vehicle serviced at Dealer B,C,D etc.
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  #23  
Old 10-24-2012, 09:52 AM
GKofTX GKofTX is offline
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Mein Auto: 2013 535i
Update?

Anything new on extended warranties?

I'm getting ready to take delivery and want to get the best price, by either going to another dealer or using a figure ($$) to put pressure on mine.

Other than John Andrews at Schaeffer BMW (still nice and helpful) is there anyone else out there getting good quotes for a 6-year Platinum package for a 535i, John quoted me $3380.

Thanks
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  #24  
Old 10-26-2012, 01:57 PM
kravist kravist is offline
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I'd be interested in any current information, as well. I've contacted John at Schaeffer and look forward to a response. In the meantime, I need to be doing my homework. Does anyone have any additional information that could be shared on this topic? It's go time for me and this car. It's a '10 335d with 45k miles. It's coming up on decision time quickly.

Thanks!
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  #25  
Old 10-27-2012, 10:31 PM
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HakenTT HakenTT is offline
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I rather repair stuff myself on my new bmw, than give it to some 18 year old kid. At dealerships there is only one good tech, the rest are morons
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