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Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 5 Series > F10 / F11 (2011 - 2016)

F10 / F11 (2011 - 2016)
The sixth generation of the BMW 5 Series Sedan (F10) was produced from 2011 - 2016 with LCI updates arriving in 2014. In the US BMW offered a hatchback 5 Series Gran Truismo (F07) and the rest of the world also go a Station Wagon/Touring version F11.

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  #1  
Old 12-03-2016, 04:25 AM
VicTexas2010 VicTexas2010 is offline
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Mein Auto: Now Lexus Buying BMW 535
What to do after 7 yrs/70k BMW platinum extended warranty expires?

Hello All,

I have 2011 BMW 535i (purchased in Dec 2010) and has platinum extended warranty (7 yrs/70,000 miles) from BMW (purchased from BMW local dealership). As of yesterday, I have approx. 56700 miles on the odometer. This warranty expires on Dec 23, 2017.

Lately, I had some trouble with engine oil leaking and also some malfunction with the electrical system. Since, I had extended warranty the entire work costed me just $50 (the car was in the shop for 3 days) instead of > $8000(as per BMW service advisor) if I had NO extended warranty.

In short, I recovered whatever I spent on the extended warranty and I feel it was a wise decision to get this platinum extended warranty.

What you suggest I should do after this platinum extended warranty expires? What are my options? Can this warranty be extended further or do I have purchase warranty from third-party? If third -party, which ones will you recommend?

Many thanks in advance.

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  #2  
Old 12-03-2016, 04:37 AM
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Rick in Yuma Rick in Yuma is offline
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Talk to your service advisor. I extended mine once. There is wiggle room on the price check them against other dealers. There are some good extended warranty companies maybe members will chime in with which one is the best.
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  #3  
Old 12-04-2016, 10:21 AM
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rmorin49 rmorin49 is offline
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Trade for a CPO 2016 535.
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  #4  
Old 12-04-2016, 01:11 PM
anselansel anselansel is offline
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sell car, lol
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  #5  
Old 12-04-2016, 06:13 PM
bmwe39lover bmwe39lover is offline
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go to pray to thank the world you didnt go luny bin
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  #6  
Old 12-05-2016, 08:05 AM
Rick-F Rick-F is offline
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You have a year of coverage left-- next summer would be an ideal time to pick up a new 2017 535i; you'd be good to go for another 7 years with the Platinum Extended Warranty.

Also now might be a good time to sell the car yourself-- it has a full year of warranty left-- that might grab someones attention.
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Old 12-05-2016, 09:27 AM
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daders daders is offline
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Thumbs down

Sheesh, people have more money than they know what to do with apparently...or, more accurately, the above are classic examples of how easy it is to spend other people's money.

What exactly was leaking and what work was done? I.e. oil pan gasket, other gaskets/seals? ~57k is quite low mileage to have another unexpected serious $$ issue occurring on the I6 engine. If you continue to use your car at the same rate I wouldn't expect to be out of pocket anywhere near $8k (I'm not including regular scheduled maintenance as that is an expense for which I account). Personally I would keep the car knowing that belts, fluid flushes, brakes, possibly suspension, and maybe if unlucky a hose/radiator are costs that I will have in the next 5 years that I wouldn't find on a newer car...to me that doesn't justify a new car and I would find a good BMW Indy mechanic and invest the money I'm saving...there's just nothing that compellingly different to me between the 2011 to 2016 to justify the hit to the ledger.

Oops, disregard the thumbs down...accident, using phone and didn't notice I touched it.
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Last edited by daders; 12-05-2016 at 09:28 AM.
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  #8  
Old 12-05-2016, 09:52 AM
BMWorldWide BMWorldWide is offline
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Location: Michigan
 
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Mein Auto: 2011 BMW 535i xDrive
Quote:
Originally Posted by VicTexas2010 View Post
Hello All,

I have 2011 BMW 535i (purchased in Dec 2010) and has platinum extended warranty (7 yrs/70,000 miles) from BMW (purchased from BMW local dealership). As of yesterday, I have approx. 56700 miles on the odometer. This warranty expires on Dec 23, 2017.

Lately, I had some trouble with engine oil leaking and also some malfunction with the electrical system. Since, I had extended warranty the entire work costed me just $50 (the car was in the shop for 3 days) instead of > $8000(as per BMW service advisor) if I had NO extended warranty.

In short, I recovered whatever I spent on the extended warranty and I feel it was a wise decision to get this platinum extended warranty.

What you suggest I should do after this platinum extended warranty expires? What are my options? Can this warranty be extended further or do I have purchase warranty from third-party? If third -party, which ones will you recommend?

Many thanks in advance.

Hello Vic,

I gotta tell you that I'm amaze regarding all these problems you had. My car is 2011 535 x drive with 55,000 miles on it and the only issue I had with it was a door handle sensor that needed changed because it was draining my battery. I wonder what causes all these engine issues, at a mileage when the vehicle just broke in. I really baby mine, all maintenance up to date, only use Shell premium and I hope for better. P.S.What the highest problem free mileage did you guys reach?
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