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E90/E91/E92/E93 (2006 - 2013)
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View Poll Results: Extend warranty?
Yes 1 12.50%
No 7 87.50%
Voters: 8. You may not vote on this poll

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  #1  
Old 04-21-2017, 03:06 PM
lynnie_21 lynnie_21 is offline
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Mein Auto: 328i
Extend BMW Warranty for 2011 328i, 65K miles?

Hi All -

I have two weeks to decide if I should extend my warranty for my 2011 328i. I currently have 65K miles. I have two warranty offers:

Peter Pan BMW
1-year warranty extension: $2,200

BMW San Francisco
1-year warranty extension: $2,000

I plan on keeping my car for another 2 years max.

Thoughts? Is this worth it?
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  #2  
Old 04-21-2017, 03:26 PM
2NASpec 2NASpec is offline
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Mein Auto: '12 328i Coupe N51
Quote:
Originally Posted by lynnie_21 View Post
Hi All -

I have two weeks to decide if I should extend my warranty for my 2011 328i. I currently have 65K miles. I have two warranty offers:

Peter Pan BMW
1-year warranty extension: $2,200

BMW San Francisco
1-year warranty extension: $2,000

I plan on keeping my car for another 2 years max.

Thoughts? Is this worth it?


I wouldn't do it. With only 65k miles probably nothing will go wrong in a year. $2200 for a year of warranty is a ripoff.
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  #3  
Old 04-21-2017, 09:11 PM
michaelashon michaelashon is offline
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Mein Auto: 2011 335i Convertable
I just purchased a 2011 335i Convertible with 76K miles on November 29th of last year along with a 3 year/36,000 mile extended warranty that ran $2,495. It was all wrapped up in the contract, so am paying interest on that amount also. I was just about to call and cancel it for a refund. I stopped at Costco for a Polish dog and coke a couple of weeks ago and upon my return to the parking lot, my bimmer would not start. Had it towed home and spent the weekend in a rental trying to get it started to no avail. Had it towed to BMW dealership and $150 diagnostic, found out there were six issues that subtotaled $3,495. The warranty covered my tow, the diagnostic fee, the new Bosch starter, etc... The only thing that they did not cover was the deductible and a piece of broken ducting that was part of their Twinpower Turbo on the E55. Was pleasantly surprised and would recommend getting it for piece of mind. Called the owner of the dealership that I bought the car from and he said that owning a BMW is like dating an expensive, beautiful high maintenance Woman...

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  #4  
Old 04-21-2017, 10:39 PM
wilt wilt is offline
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Mein Auto: 2011 328i
At 65k miles not much very likely to fail, although there is a possibility of a need for water pump and thermostat, although both are far from $2000. Poor bet against yourself!

Assuming that you have a SULEV, don't forget that a number of things are covered to 80k miles and 8 years, while some are covered to 10 years and 150k miles.

Last edited by wilt; 04-21-2017 at 10:41 PM.
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  #5  
Old 04-21-2017, 11:01 PM
bimmerlefty bimmerlefty is offline
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Mein Auto: Lexus
I have 2011 bmw 328 with 75000 miles. I recently had an issue where camshaft bolts sheered off and fell in the engine. I don't have extended warranty but luckily this specific issue was covered under bmw warranty. I guess it's a known issue. I towed the car to a bmw dealer and they fixed the issue for free (in 5 days...gave me a loaner). I did have to invest $300 with a local bmw specialist to do the diagnostics and he recommended that i take the car to bmw dealer to get it fixed. After fixing the original problem, they discovered one of the fuel injectors failed too...which was a coincident and it wasn't covered under warranty. I drove the car back to the local specialist to replace it for $285. While at the dealership, I also see the invoice...to fix the issue was about $700 at the dealer (which dealer would bill bmw). For the total episode, i personally had to pay $600 and car is back to normal self. I love it. I still wouldn't get the extended warranty. It's not worth for me paying $2k. Anything is possible but most likely the car won't have a big issue with your milage. I watched several videos of how easy it is to change plugs, coils and fuel injectors in 328. I plan to do it myself next time. It'd be fun!
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  #6  
Old 04-22-2017, 11:09 AM
lynnie_21 lynnie_21 is offline
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Mein Auto: 328i
New Quote! Should I extend?

New quote for extended warranty. Should I renew?

2011 BMW 3 Series
Miles: 65,000
Coverage: Gold
Term: 36 Months or 36,000 miles
Price: $4,338
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  #7  
Old 04-22-2017, 01:02 PM
imtjm imtjm is offline
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Mein Auto: 335d, 328ix, hard bargain
Bottom line, NO.

I am confused by your warranty info, though. I don't get how you go from $2000-$2200 for 1 year to $4,338. Max total BMW Service Contract is 7yr/100k cumulative total. It isn't 36mo/36k term from May 5, 2017. It is 36mo/36k from May 5 2015, which means, the ext warranty is good until 100k or May 5, 2018. So, how did you jump from $2000-$2200 to $4,338? And, maintenance ext max is to cumulative total 7/125k.

I presume since it is 2017, or six years after the sale date, that you had extended warranty previously, since it you would be outside the 4yr/50k new car warranty.

Last edited by imtjm; 04-22-2017 at 01:15 PM.
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  #8  
Old 04-22-2017, 06:25 PM
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Bob Shiftright Bob Shiftright is offline
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Quote:
Originally Posted by lynnie_21 View Post
Hi All -

I have two weeks to decide if I should extend my warranty for my 2011 328i. I currently have 65K miles. I have two warranty offers:

Peter Pan BMW
1-year warranty extension: $2,200

BMW San Francisco
1-year warranty extension: $2,000

I plan on keeping my car for another 2 years max.

Thoughts? Is this worth it?
Not enough info.

How much trouble have you had with the car in the last 65,000 miles?

What does the 1 year warranty extension cover?

As a general rule, extended warranties aren't worthwhile. However, for whatever reason, the electronics in my car were unusually troublesome and so I purchased the BMW extended warranty. I didn't lose money on it.
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  #9  
Old 04-22-2017, 06:51 PM
2NASpec 2NASpec is offline
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Quote:
Originally Posted by lynnie_21 View Post
New quote for extended warranty. Should I renew?

2011 BMW 3 Series
Miles: 65,000
Coverage: Gold
Term: 36 Months or 36,000 miles
Price: $4,338
Extended warranties are a gamble. In order for the warranty to be worth it, you are basically gambling for your to break down and have more than $4,338 worth of repairs in the next 36 months. Overall the 328i is a pretty reliable car especially at 65k miles. I would not spend that much just on warranty. Just put that money aside in case you do need money for some minor repairs instead.
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  #10  
Old 04-23-2017, 01:32 PM
lynnie_21 lynnie_21 is offline
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Thank you! This is best advice I've been given regarding this particular issue.
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  #11  
Old 04-23-2017, 01:49 PM
2NASpec 2NASpec is offline
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Quote:
Originally Posted by lynnie_21 View Post
Thank you! This is best advice I've been given regarding this particular issue.
No problem. I'm I can help.
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  #12  
Old Yesterday, 03:25 AM
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3284me 3284me is offline
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Mein Auto: 2011 328 xdrive
136,000 on mine and no issues. Save you money, your car is not even broken in yet!
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  #13  
Old Yesterday, 11:32 AM
pidge1114 pidge1114 is offline
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I guess I'm one of the few who believe in the extended warranty.

I bought my car CPO'd but intend to keep it beyond the CPO coverage. I bought it with relatively low mileage, and was in perfect shape.

However I am a firm believer in that there is no crystal ball one way or another if your car will need extensive service or not. Even the most perfect running car can have multiple problems pop up.

Complicating matters was that I bought an E93 convertible, so the added coverage for those parts was something I felt was worth it.

Plus, if you have not entered the "extended warranty" period yet, then you can be reimbursed 100% of the amount of the extended warranty price minus a 50 dollar processing fee...since it is prorated.

If you are currently in your extended warranty period, you can be reimbursed a pro rated amount...though only if your car is a total loss.


All it takes is one semi-substational problem to arise to make the cost of the warranty worth it. If it's never used, it was worth it (to me) for peace of mind.

Last edited by pidge1114; Yesterday at 12:29 PM.
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  #14  
Old Yesterday, 08:52 PM
jat335i jat335i is offline
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Bought my 2010 E92 335i brand new. Did not get an extended warranty after the factory expired. Haven't had any major mechanical or electrical problems that required warranty related repairs (besides HPFP recall and airbag which I am still waiting) since the first day I drove it home. Had to replace or fix a few minor things (rotted windshield molding, right fog lamp, right DRL, rear tail light LED), as well as, the typical wear and tear things (tires, brakes/flush, etc.) in the 7 years, 4 months, 24 days, and 84,800 miles I have owned it. The only major job I had done this year is replace the VCG, OFHG, and spark plugs. Don't expect any major services this year other than maybe an oil change.
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Last edited by jat335i; Yesterday at 08:53 PM.
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  #15  
Old Yesterday, 09:44 PM
2NASpec 2NASpec is offline
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Mein Auto: '12 328i Coupe N51
Quote:
Originally Posted by pidge1114 View Post
I guess I'm one of the few who believe in the extended warranty.

I bought my car CPO'd but intend to keep it beyond the CPO coverage. I bought it with relatively low mileage, and was in perfect shape.

However I am a firm believer in that there is no crystal ball one way or another if your car will need extensive service or not. Even the most perfect running car can have multiple problems pop up.

Complicating matters was that I bought an E93 convertible, so the added coverage for those parts was something I felt was worth it.

Plus, if you have not entered the "extended warranty" period yet, then you can be reimbursed 100% of the amount of the extended warranty price minus a 50 dollar processing fee...since it is prorated.

If you are currently in your extended warranty period, you can be reimbursed a pro rated amount...though only if your car is a total loss.


All it takes is one semi-substational problem to arise to make the cost of the warranty worth it. If it's never used, it was worth it (to me) for peace of mind.
Like I said, it's a gamble. However, if you have a 328i with 65k miles, chances are nothing major is going to go wrong. Putting the money aside instead and use it if something does go wrong is a better choice and will usually save you a lot of money. If it was a 335i then I might think about it. I agree no one can predict the future, but you have to try and guess the probability of the repairs on the car costing more than the warranty in 36 months or the amount of years the warranty is, in order for the warranty to be worth it. So to me, not getting the warranty on a relatively reliable car like a 328i is worth it, because chances are I am going to save a lot of money, and even if lets say I need a new water pump or a couple of new injectors in those 36 months, I will still save a lot in the end. Just my $.02 though.
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