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F10 / F11 (2011 - Current)
The new chapter in the highly successful story of the BMW 5 Series Sedan (F10) and wagon (F11)

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  #1  
Old 10-30-2013, 06:56 AM
P_Jorge P_Jorge is offline
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Mein Auto: 535xi (F10)
Would anyone recommend the extended warranty/maintenance?

Dealer is asking for about 6500 with both maintenance/warranty for 100k/6yrs whichever comes first . Is it worth it ? Any help is appreciated thanks
For a 2011 535xi(F10) Btw


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  #2  
Old 10-30-2013, 05:02 PM
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On a tangential note, if the extended warranty is purchased before any Dinan software is installed is the warranty still honored or would the Dinan extended warranty be needed as well?
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  #3  
Old 10-30-2013, 09:23 PM
Fastpaddler Fastpaddler is offline
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Waste of hard-earned money in my opinion. Better to put a grand or two in the bank in case something breaks. If it is a 2011 should still be under warrantee. I think it has the turbo. Have heard they can be a problem but one cannot rely on rumours. The OBS/CPU systems are 7 years warrantee and I recall 8 for catalytic converter. Brake pads and rotors and wipers are usually not covered. Even they would only cost a grand for brakes all round.
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  #4  
Old 10-31-2013, 01:42 AM
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^^ I agree. Waste of money. Self insure/warranty by putting the money in the bank. Your odds of coming out ahead will be much greater.
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  #5  
Old 10-31-2013, 02:23 AM
Phoenix1 Phoenix1 is offline
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Would anyone recommend the extended warranty/maintenance?

For my 2008 E61 wagon, I purchased a route 66 extended warranty at 47 months for a $2400. Zero $ deductible and provided an additional 60 months or total of 100 K miles. Paid for $4000 worth of repairs in less than two years using BMW dealer and parts with no issues. The warranty was transferable so when I sold my wagon last month it was transferred to the new owner and I got more for my car. If you plan to keep the car for seven or eight years it would be worth it. However paying over $5000 for a BMW warranty would be crazy...


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  #6  
Old 11-01-2013, 04:26 AM
CTSoxFan CTSoxFan is offline
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Quote:
Originally Posted by Donm View Post
On a tangential note, if the extended warranty is purchased before any Dinan software is installed is the warranty still honored or would the Dinan extended warranty be needed as well?
I was told by my SA (who is a long time friend) that if you do Dinan they (BMW) will not allow you to get an extended warranty.
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  #7  
Old 11-02-2013, 07:08 AM
Jack the cat Jack the cat is offline
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To me, it is simply a question of how risk adverse we are. Purchasing insurance of any kind is normally a loosing effort, in that we pay more for the insurance than we get from it. It simply brings us peace of mind, avoiding large, unforeseen problems.

It is the same with the BMW "insurance". Especially the extended warranty. While BMW makes a very reliable car, there are many very expensive things that can go wrong. If you can handle the risk, don't buy the insurance; if want peace of mind, buy the insurance.
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  #8  
Old 11-03-2013, 03:04 PM
voken voken is offline
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I am also looking for an extended warranty on my 2011 535x. Is this something we can shop around or is it that most of the dealers come up with the same cost for this ?
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  #9  
Old 11-03-2013, 04:32 PM
FreqMan FreqMan is offline
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You can shop around for extended warranties. They are negotiable. Plenty of profit margin in the quoted price. Press for at least a 20% discount. I bought an extended warranty after shopping around at multiple dealers
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  #10  
Old 11-05-2013, 05:44 AM
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I'm all about risk mitigation but $6.5k for 100k miles (assuming total) or 6 years (assuming additional, rather than 2) is a bit pricy.

I'd encourage you to shop around. As FreqMan stated, there are a lot of options and the prices are totally negotiable.
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  #11  
Old 11-05-2013, 12:36 PM
voken voken is offline
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Attached is the MSRP prices that BMW charges for MP (Maintenance Program) + ESC (Extended Service Contract). I got this from one of the dealer. MP is fixed at $2295 and ESC ranges based on years/miles and type of coverage codes (PT+ Powertrain Plus, GD - Gold, PL - Platinum)

So if I am looking at 72 month/100K its MP (2295) + ESC Gold (4320) = $6,615..

Most of the guys I spoke to kept saying margin is less, so can't go below this !
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  #12  
Old 11-06-2013, 12:57 PM
Phoenix1 Phoenix1 is offline
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Would anyone recommend the extended warranty/maintenance?

ESC GOLD for $4200 or Route 66 with $0 deductible for $2500???


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  #13  
Old 11-07-2013, 09:33 AM
BMWEndUser BMWEndUser is offline
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If you saw what I see everyday-- You would buy an ESC plan.
Maint Plan may be a waste-- but if you plan to keep this car, don't self insure.
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  #14  
Old 11-07-2013, 09:38 AM
greyF10 greyF10 is offline
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We did maintenance plan for $2100.. these cars make so much brake dust that we'll make that back in pads alone
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  #15  
Old 11-07-2013, 01:34 PM
Fastpaddler Fastpaddler is offline
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I do believe Americans and Canadians are slaves to insurance policies which are often a waste of money, as I have stated earlier. We are conditioned to protecting ourselves from anything and everything. That's why litigation lawyers are so wealthy.Bring back the piggybank and keep it full for that possible emergency.
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  #16  
Old 11-07-2013, 03:46 PM
Phoenix1 Phoenix1 is offline
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Would anyone recommend the extended warranty/maintenance?

Quote:
Originally Posted by Fastpaddler View Post
I do believe Americans and Canadians are slaves to insurance policies which are often a waste of money, as I have stated earlier. We are conditioned to protecting ourselves from anything and everything. That's why litigation lawyers are so wealthy.Bring back the piggybank and keep it full for that possible emergency.
"American and Canadians" where are you from??? All I know is my warranty was $2400 and repairs paid for in less than two years $4000... Hey don't think that's a waste of money! The warranty was transferable and the next owner will probably get another $4000 in repairs paid for. opinions are great - but real world is another thing for these cars.


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  #17  
Old 11-07-2013, 05:23 PM
BMWEndUser BMWEndUser is offline
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Quote:
Originally Posted by Phoenix1 View Post
"American and Canadians" where are you from??? All I know is my warranty was $2400 and repairs paid for in less than two years $4000... Hey don't think that's a waste of money! The warranty was transferable and the next owner will probably get another $4000 in repairs paid for. opinions are great - but real world is another thing for these cars.


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Much like health insurance, it's a bad idea to be self insured.

Just like a self insured patient may be charged $15,000 for a heart bypass (when the health insurance company has a contract rate of $2500), you will be charged more as a "Customer Pay" than a warranty job.

On BMW "A"-- BMW may pay a warranty rate of 1.1 labor hours + parts. Depending on the Dealer/SA/Tech/ETC you may be charged 3-5 hours of labor for the same generic operation.

This can add up quickly. Best to have a decent policy. Anything that isn't covered by an original BMW policy can be goodwilled if you jump up and down enough.
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  #18  
Old 11-07-2013, 05:27 PM
Fastpaddler Fastpaddler is offline
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Location: Vancouver Island,Canada
 
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Quote:
Originally Posted by Phoenix1 View Post
"American and Canadians" where are you from??? All I know is my warranty was $2400 and repairs paid for in less than two years $4000... Hey don't think that's a waste of money! The warranty was transferable and the next owner will probably get another $4000 in repairs paid for. opinions are great - but real world is another thing for these cars.


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I am coming from 55 years of driving experience plus a similar period of insurance requirements or perceived requirements and it is generally established that people have been insurace 'poor' especially the pressure to buy extended warrantees and also warrantees on wheels and tires. Since I am talking generally then there are exceptions and you are evidently an exception. I am glad that you got your money's worth for your warrantee but I havent ever on extended warrantees I no longer take ON AUTOS and with my 3 rvs which were expensive(in the thousands) I would have been better to save some money every year. Finally, I have a full coverage 2 year warrantee on my used diesel motorhome because of the expensive drivetrain. I will, and statistically most will, not get their money's worth. If the repairs you incurred for your, was it, 2013 550i were not covered by the existing new car/balance of the new car warrantee why not? Or are you referring to a used vehicle. If you have had 4000$ worth of tire/wheel problems then such an exceptional amount of problems would have to be extraordinary. Having driven for years in Canada and the US and, overseas one sees the fears people have of being under-insured.

So now you know where I am coming from--a long and sometimes sad, often costly experience(s).
Al

Last edited by Fastpaddler; 11-07-2013 at 05:38 PM.
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  #19  
Old 11-08-2013, 05:06 PM
Phoenix1 Phoenix1 is offline
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Would anyone recommend the extended warranty/maintenance?

My car was a 2008 535 wagon. I bought it new and took extremely good care of it. The $4000 out of warranty repairs included thrust arm bushings, low-pressure fuel pump and gearshift selector - which failed after the factory warranty ran out. This is in addition to the turbos which BMW replaced with an extended warranty at 62,000 miles.

I was smart enough to not get low-profile runflat tires and never had a failure or any issues and almost 6 years.

I agree that the majority of extended warranties are not a good deal. However with the extensive "over engineering" and electronics integrated into some new cars, a small problem can cost thousands of $$$.

Dave




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  #20  
Old 11-09-2013, 05:57 PM
Fastpaddler Fastpaddler is offline
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Quote:
Originally Posted by greyF10 View Post
We did maintenance plan for $2100.. these cars make so much brake dust that we'll make that back in pads alone
Brake pads and rotors are not covered in 4 yr 50K free service here nor on extended warrantees.
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  #21  
Old 11-09-2013, 06:18 PM
Fastpaddler Fastpaddler is offline
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[QUOTE=Phoenix1;7945755]My car was a 2008 535 wagon. I bought it new and took extremely good care of it. The $4000 out of warranty repairs included thrust arm bushings, low-pressure fuel pump and gearshift selector - which failed after the factory warranty ran out. This is in addition to the turbos which BMW replaced with an extended warranty at 62,000 miles.

I was smart enough to not get low-profile runflat tires and never had a failure or any issues and almost 6 years.

I agree that the majority of extended warranties are not a good deal. However with the extensive "over engineering" and electronics integrated into some new cars, a small problem can cost thousands of $$$.

Dave


Good points. Of course, the OBS/CPU systems are covered for 7 or 8 years as are the Catalytic Converter & components. No experience with turbos although i hear of BMW turbos being problematic: Anybody have any firm stats on that rumour? Brakes are not covered in Canada regardless of the type of warrantee. I have found that the 5 software is quirkier than the software i had in my 3 series. I hope that is just my experience but it would seem to be common. So, yes, it might come to a conclusion that trading in near the end of the warrantee or keeping a savings fund for the inevitable might be necessary.
Is normal Bimmer maintence covered under 50K warrantee or do you pay for it in the USA?? Free here, with exclusions.
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  #22  
Old 12-07-2013, 11:22 AM
voken voken is offline
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Quote:
Originally Posted by voken View Post
Attached is the MSRP prices that BMW charges for MP (Maintenance Program) + ESC (Extended Service Contract). I got this from one of the dealer. MP is fixed at $2295 and ESC ranges based on years/miles and type of coverage codes (PT+ Powertrain Plus, GD - Gold, PL - Platinum)

So if I am looking at 72 month/100K its MP (2295) + ESC Gold (4320) = $6,615..

Most of the guys I spoke to kept saying margin is less, so can't go below this !
Just to give an update on this extended plan - I contacted around 8 dealers in and around NY and NJ area, and finally got a fair deal from Westchester BMW - 72M/100K - Maintenance @ $1995 + Extended Warranty (Gold) @ $3820 = $5815 which is less than 800 bucks from the quotes I got from other dealers ($6615) !
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  #23  
Old 12-07-2013, 04:36 PM
FreqMan FreqMan is offline
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Looks good.

An earlier poster stated brake pads weren't included in the maintenance upgrade. Not true. Link to the brochure is below.

http://content.bmwusa.com/microsite/...e-Brochure.pdf
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  #24  
Old 12-07-2013, 10:03 PM
Fastpaddler Fastpaddler is offline
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Quote:
Originally Posted by Phoenix1 View Post
For my 2008 E61 wagon, I purchased a route 66 extended warranty at 47 months for a $2400. Zero $ deductible and provided an additional 60 months or total of 100 K miles. Paid for $4000 worth of repairs in less than two years using BMW dealer and parts with no issues. The warranty was transferable so when I sold my wagon last month it was transferred to the new owner and I got more for my car. If you plan to keep the car for seven or eight years it would be worth it. However paying over $5000 for a BMW warranty would be crazy...


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That Route 66 warrantee seems good value. Is that only available in the US. 2400$ for 47 seems quite good.
AL
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  #25  
Old 12-07-2013, 10:06 PM
Fastpaddler Fastpaddler is offline
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Location: Vancouver Island,Canada
 
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Quote:
Originally Posted by Phoenix1 View Post
"American and Canadians" where are you from??? All I know is my warranty was $2400 and repairs paid for in less than two years $4000... Hey don't think that's a waste of money! The warranty was transferable and the next owner will probably get another $4000 in repairs paid for. opinions are great - but real world is another thing for these cars.


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Yes. I do admit that YOUR warrantee for 2400$ seems good deal but the others are way higher and with the OBS and Cat Convertor system good for 7/8 years one has to quantify the possible costs. So, yes, yours seems good.
AL
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