Should i extend maintenance plan 07 335i?

Hi everyone!

Last year i purchased a CPO 07 335i. This coming february my 4 years of no cost maintenance expires. Now my actualy warrantee is good for another 2 years past that, but the dealer asked me if i wanted to extend my maintenance plan an additional 2 years for roughly 2k.

Do you think its worth it? Would a third party garage be able to do the work and reset the computer so it knows the items were serviced?

I drive about 12k miles a year.

Thanks in advance!

It's worth it to BMW but not to you.

Take the money & save or invest it so that you have a fund for maintenance. Odds are you will come out at $1,000 ahead - probably more if you don't need any brake work.

Tom

No. Better off putting that $2k in some type of savings account as your "maintenance fund". Also, try and find a good indy mechanic in your area.

I agree with Tom and Chris.

Sent from my DROIDX using BimmerApp

I have 2 of my girlfriends who bought that maintenence package plan, after compared receipts one only worth 1400 and other used about 1600 of the plan. ( We all own 07 328i)
Now...I am also debating on that and this is what I read from Edmund.com


"Some people may view this as a pre-paid maintenance plan that isn't much of a deal. But we would argue that a car is in greater need of expensive repairs past the four year mark, and that's when this new maintenance plan kicks in. Let's look at a few common repairs to see if the coverage is worth it.

According to a local BMW dealership, it costs about $1000 to replace all four brakes on a '07 335i. A $365 oil service needs to be performed once a year. A transmission flush costs about $160. That's already $1525, and now the maintenance upgrade has paid for itself.


If your car needs other services like a coolant flush ($250) or the drive belts need to be replaced ($240), that's when you begin to see the value of the program.

These maintenance prices may seem artificially inflated, but lets not forget this is a luxury car, so everything tends to be more expensive."


I want to hear someone thought or convincing me to buy that....... I am so close to get that.

Originally Posted by GiaGiaJa

According to a local BMW dealership, it costs about $1000 to replace all four brakes on a '07 335i. A $365 oil service needs to be performed once a year. A transmission flush costs about $160. That's already $1525, and now the maintenance upgrade has paid for itself.

If your car needs other services like a coolant flush ($250) or the drive belts need to be replaced ($240), that's when you begin to see the value of the program.

I want to hear someone thought or convincing me to buy that....... I am so close to get that.

Transmission flush is not covered - "lifetime fluid".
Coolant Flush is not covered -"lifetime coolant"
Oil Change (not a complete Oil Service) is $100 at most dealers

So the actual value would include:
2 Oil Changes - $200
60k Inspection - $200
1 Micro Filter - $100
Brake Fluid Change - $150

Total $650 - perhaps $1,650 if brakes (including rotors) are needed on both axles.

Save your money!

Tom

Originally Posted by GiaGiaJa

I have 2 of my girlfriends who bought that maintenence package plan, after compared receipts one only worth 1400 and other used about 1600 of the plan. ( We all own 07 328i)
Now...I am also debating on that and this is what I read from Edmund.com


"Some people may view this as a pre-paid maintenance plan that isn't much of a deal. But we would argue that a car is in greater need of expensive repairs past the four year mark, and that's when this new maintenance plan kicks in. Let's look at a few common repairs to see if the coverage is worth it.

According to a local BMW dealership, it costs about $1000 to replace all four brakes on a '07 335i. A $365 oil service needs to be performed once a year. A transmission flush costs about $160. That's already $1525, and now the maintenance upgrade has paid for itself.


If your car needs other services like a coolant flush ($250) or the drive belts need to be replaced ($240), that's when you begin to see the value of the program.

These maintenance prices may seem artificially inflated, but lets not forget this is a luxury car, so everything tends to be more expensive."


I want to hear someone thought or convincing me to buy that....... I am so close to get that.

I hope you get a "Coke and a smile", as well, with those prices...

I would think you could find a good Indy shop to only bend you over half way and do most of that work at 50%. And what the hell do they do with an oil service...replace the crush washer too?

See Tom's advice...

Originally Posted by GiaGiaJa

I want to hear someone thought or convincing me to buy that....... I am so close to get that.

The extended maintenance is a great deal.................for the dealer. The plan is a high-profit item. Put another way, you are betting against the house (I thought this might be appropriate, given your latitude/longitude).

Consider the following possibility: Your BMW needs a complete brake job soon after the extended maintenance runs out. Then you will have to pay for the brake job ($1000?) after spending the $2000 for the maintenance plan.

Originally Posted by alpinweiss

Consider the following possibility: Your BMW needs a complete brake job soon after the extended maintenance runs out. Then you will have to pay for the brake job ($1000?) after spending the $2000 for the maintenance plan.

Wouldn't you not have to pay for the $1000 break job since you paid already for the maintenance plan?

In addition - would a local mecanic be able to reset the computers to reflect the maintenance they performed on the car?

Originally Posted by AirHooo

Wouldn't you not have to pay for the $1000 break job since you paid already for the maintenance plan?

In addition - would a local mecanic be able to reset the computers to reflect the maintenance they performed on the car?

When was the last brake job or what is the computer estimating for the next brake service? How many miles on the car now?
A BMW Indie shop can perform the resets or you can yourself - there is even you tube vid that shows one how.

Originally Posted by AirHooo

Wouldn't you not have to pay for the $1000 break job since you paid already for the maintenance plan?

I think we can make the assumption that the car will someday need a brake job. For this discussion, let us call the price $1000.

If you are under the terms of the extended maintenance, your brake job will be covered by the $2000 you already paid for the contract.

What I was giving as a counter-example is that your car does not need a brake job while it is under the time/mileage limits for the extended maintenance. Instead, it needs brakes shortly after the contract expires. Therefore, you will have to buy the $1000 brake job, in addition to the (now expired) $2000 extended maintenance contract.

I am planning to buy a 2008 528xi with 28k miles on it. I put a atleast 8 k miles every year . The CPO warranty will expire in 2014. My dealer is convincing me to get the zero maintenance package by paying 2250. When I do the math with my usage and the probability of the works that I would do doesn't add up.

And further with the maintenance package I don't need to pay for the oil changes right. Which would be two I guess by the time the CPo warranty expire.


Please help me out.

Originally Posted by Sharkhunter

Please help me out.

The "Betting Against the House" analogy is the best. This is what happens every time you place a bet on a roulette wheel. Some people make out. Most do not. The house knows the odds and sets the payouts accordingly. Quick - what are the biggest, brightest buildings on The Strip? Obviously, the casinos. And they didn't get that way by losing money to most of the players.

Same deal with extended warranty and maintenance plans. BMW knows what they will pay out on average. They set the dealer cost above that number so they get some profit. The dealers then add on profit of their own. Guess who's paying for everyone else's profit.

Assuming that BMW knows how to price the plan, on average, you will lose out. Some people will get "lucky" - their cars will suffer an unexpected failure, and the plan will benefit them. Kind of like buying life insurance - you're betting the insurance company that you're going to die before they think you will.

You need to make your own call. You have to ask yourself "Do I feel lucky?" Well, do ya?


George

Extended maintenance plan for $2000.

Reminds of something some guy named Barnum once said.

Originally Posted by GiaGiaJa

According to a local BMW dealership, it costs about $1000 to replace all four brakes on a '07 335i. A $365 oil service needs to be performed once a year. A transmission flush costs about $160. That's already $1525, and now the maintenance upgrade has paid for itself.


If your car needs other services like a coolant flush ($250) or the drive belts need to be replaced ($240), that's when you begin to see the value of the program.

what comprises this $365 oil service, its not in my maint. manual??

there is one (1) drive belt, about a $30 item, and it takes < 5 minutes to replace, am i missing something for $240??

Originally Posted by Zooks527

The "Betting Against the House" analogy is the best. This is what happens every time you place a bet on a roulette wheel. Some people make out. Most do not. The house knows the odds and sets the payouts accordingly. Quick - what are the biggest, brightest buildings on The Strip? Obviously, the casinos. And they didn't get that way by losing money to most of the players.

Same deal with extended warranty and maintenance plans. BMW knows what they will pay out on average. They set the dealer cost above that number so they get some profit. The dealers then add on profit of their own. Guess who's paying for everyone else's profit.

Your explanation is better than mine.

Originally Posted by AngryScientist

what comprises this $365 oil service, its not in my maint. manual??

there is one (1) drive belt, about a $30 item, and it takes < 5 minutes to replace, am i missing something for $240??

I want to know too... My local here will charge 120 Those are from Edmund website.
($365 + Maybe nice Asian massage will be nice)
It's easy to say when you can DIY....for me I never get my hands dirty in anything.
But at least I keep mechanics job rolling

Originally Posted by GiaGiaJa

I want to know too... My local here will charge 120 Those are from Edmund website.
($365 + Maybe nice Asian massage will be nice)
It's easy to say when you can DIY....for me I never get my hands dirty in anything.
But at least I keep mechanics job rolling

even if you cant DIY, knowing is half the battle sometimes

Originally Posted by Bcube

When was the last brake job or what is the computer estimating for the next brake service? How many miles on the car now?
A BMW Indie shop can perform the resets or you can yourself - there is even you tube vid that shows one how.

Thanks brian i didn't know that!

I have like 18,000 on the front breaks and 24,000 on the rear. It's different because something happened and i had to get my rear pads replaced.

Thanks everyone for the feedback - seems like its best to pass on the extended maintenance.

if you do some searching on this board you will find the contact info for someone at a BMW dealership in Georgia. He sells the extension for $1600 no tax. you just mail him your key fob.... thats what i did... i also have a 07' 335i.

Originally Posted by GiaGiaJa

I want to know too... My local here will charge 120 Those are from Edmund website.
($365 + Maybe nice Asian massage will be nice)
It's easy to say when you can DIY....for me I never get my hands dirty in anything.
But at least I keep mechanics job rolling

I'll do it for $100 with a nice massage afterwards...

I'm telling you the oil service just means they replace the washer instead of flipping it over.

Originally Posted by Sharkhunter

I am planning to buy a 2008 528xi with 28k miles on it. I put a atleast 8 k miles every year . The CPO warranty will expire in 2014. My dealer is convincing me to get the zero maintenance package by paying 2250. When I do the math with my usage and the probability of the works that I would do doesn't add up.

And further with the maintenance package I don't need to pay for the oil changes right. Which would be two I guess by the time the CPo warranty expire.

Please help me out.

DON'T DO IT...see this entire thread....$2250, of course they are trying to convince you.

Plus, you've got plenty of Indy choices in the NJ area.

Put the $2000 in a bank account or something and use it for your BMW maintenance instead of giving it to BMW up front. That way if you don't spend it all you keep the change, not BMW. Included maintenance is really a gimmick marketing tactic by BMW to give the purchaser of their vehicles perceived added value over competitors while BMW charges more for the car. My .02...

Originally Posted by chrisk03

I'll do it for $100 with a nice massage afterwards...

Done! When can I make appointment? LOL