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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 05-19-2012, 03:24 PM
longisland11554 longisland11554 is offline
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Location: Long Island
 
Join Date: Feb 2012
Posts: 7
Mein Auto: 2011 535xi Saphire Black
Tire and Rim insurance - what's a fair price

After reading all the threads on the issues w RFT and Rims cracking, etc I checked with my dealer and the quoted me $ 1350 for coverage up to 45,000 miles or 3 years.

Is that a fair price ? I already have 11,000 miles on my bimmer.
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  #2  
Old 05-19-2012, 03:58 PM
delawhere23 delawhere23 is offline
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Location: Delaware
 
Join Date: Sep 2011
Posts: 9
Mein Auto: 550i
I got 5yr/100k for $1270 last year on my CPO 2008 550.
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  #3  
Old 05-19-2012, 10:08 PM
Gruntion Gruntion is offline
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Location: NYC
 
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Posts: 112
Mein Auto: 2012 535xi M - Sport
I got $1200 for 3 years/36k. Considering we're in NYC I thought it was a pretty good deal. Unfortunately, it has almost paid for itself already..?..
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Old 05-19-2012, 11:46 PM
schnell525 schnell525 is offline
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Location: Niebelungenland
 
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Mein Auto: 2012 BMW 550xi
I got a decent deal on my 5 with a 24 month lease. it was pretty low around ~800 or so. from reading the history on the car, i think it was a good idea.

however if i was buying or leasing a car with 18" wheels, i'd probably skip it. i have contis and they are doing pretty well.
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  #5  
Old 05-20-2012, 08:48 AM
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RajG RajG is offline
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Location: Northern NJ
 
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Posts: 395
Mein Auto: '14 M5 CP
Some people have been quoted as high as $1800 for a 3 year 36k miles of insurance on leases so I think you are getting a good deal.

Raj
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Black Sapphire | Black | Executive | Lighting | B&O | Exhaust Meister | 35% Llumar tint | Passport 9500ix

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  #6  
Old 05-20-2012, 08:55 AM
milepig milepig is offline
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$1200 for 4 years, and I get a refund if I trade the care before the 4 years are up.
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  #7  
Old 05-20-2012, 09:17 AM
The X Men The X Men is online now
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Mein Auto: 2012 535xi 2013 X3 35i
I think BMW is making more money selling these tire insurance than they are selling cars
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  #8  
Old 05-20-2012, 04:49 PM
jbueno jbueno is offline
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Location: Washington DC
 
Join Date: Apr 2012
Posts: 19
Mein Auto: 2012 BMW 550xi M Sport
I was offered about $950 for a non-BMW insurance plan for 5 years with no deductible. This covers the tires and rims for accidental, but not bumper rash or normal wear. They also offered a BMW plan for 5 years with a $50 deductible for $1250. I negotiated the BMW insurance down to $1100 and went with that. I'm a bit weary of the companies offering non-BMW plans and how well-funded their liabilities are. With the BMW plan, you know they aren't going away and considering that you may get a flat on the road away from your dealership, I figured an official BMW plan may save me future hassles. Good luck, regardless getting the insurance is a good idea.
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