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  #1  
Old 07-23-2004, 12:52 PM
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TedW TedW is offline
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Thumbs up BMW Extended Warranty

This will be available very soon:




"In support of BMW’s ongoing efforts to develop stronger relationships with our
customers, BMW of North America and BMW Financial Services have jointly
developed the Original Owner Protection Program (2OP). The 2OP Program
is an extended service contract product that offers extended protection
exclusively to the original BMW retail purchaser or leasing customer. The
Original Owner Protection Program is targeted at two groups; either new BMW
retail purchasers or lessees who may decide to purchase their leased BMW at
lease-end. To be eligible for this program, the vehicle must still be covered
under the BMW New Vehicle Limited Warranty at the time of enrollment.
Consumer Benefits: Customer benefits of the Original Owner Protection
Program (2OP) include:
• Program backing by BMW of North America
• 2 year/50,000-mile peace of mind protection (takes affect at expiration of
BMW New Vehicle Limited Warranty)
• Scope of coverage like the Certified Pre-Owned BMW Vehicle Program
• Includes BMW Roadside Assistance
• Use of original BMW new or authorized remanufactured parts
• No vehicle inspection required
The Original Owner Protection Program is tentatively scheduled to launch in
late July across the country (except in Florida and Puerto Rico), pending the
successful testing of supporting systems and final state approvals as required
(still pending in WY). A separate bulletin will be issued in the next few weeks
announcing the official launch date of the program and giving you more details
about the launch and the Program content.


Original Owner Protection Program Availability: After it is launched, this
program can be sold at all BMW centers that have signed a Center
Participation Agreement for this program, except those in Florida and Puerto
Rico (due to state legal requirements). 2OP Program availability in Florida and
Puerto Rico will be announced later this year. However, authorized BMW
centers in Florida and Puerto Rico will be able to honor coverage (covered
repairs) under this program."



Ted
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  #2  
Old 07-23-2004, 01:02 PM
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alee alee is offline
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Awesome! Any rumors on prices?

Looks like I'll be giving you a call when it's available.
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  #3  
Old 07-23-2004, 01:07 PM
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TedW TedW is offline
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Quote:
Originally Posted by alee
Awesome! Any rumors on prices?

Looks like I'll be giving you a call when it's available.


Al,


You purchased the first maintenance upgrade that I did. We must continue the tradition. Pete must be second.


Suggested retail prices:

3 series (except AWD & M3), Z3, Z4 = $2249

5 series (except 540/545), 3 series(AWD), X3 = $2749

540/545,6,M roadster, M coupe, M3, X5 = $3249

7series, M5, Z8 = $3749



Ted
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  #4  
Old 07-23-2004, 01:12 PM
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Quote:
Originally Posted by TedW
3 series (except AWD & M3), Z3, Z4 = $2249
That's a bit more than the extended maintenance! Drop me a PM when it's available... I'm always happy to best the first kid on the block.
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  #5  
Old 07-23-2004, 01:16 PM
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Quote:
Originally Posted by alee
That's a bit more than the extended maintenance! Drop me a PM when it's available... I'm always happy to best the first kid on the block.



You got it. Don't worry about the price. I'll be fair with you.



Ted
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  #6  
Old 07-23-2004, 01:19 PM
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Good that it's a real BMW warranty. Bad that it's that costly. I'd have to consider it, though...
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  #7  
Old 07-23-2004, 01:34 PM
WDC330i WDC330i is offline
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Interesting. Are AWD 3 series that more more costly to repair/maintain in the long run? Their plan costs $500 more.
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  #8  
Old 07-23-2004, 02:31 PM
mspeed76 mspeed76 is offline
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is the extended warranty transferrable when you sell your car?
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  #9  
Old 07-23-2004, 02:47 PM
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Quote:
Originally Posted by mspeed76
is the extended warranty transferrable when you sell your car?


Yes, there is a $50 transfer fee and you can only transfer if it is a private sale.


Ted
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  #10  
Old 07-23-2004, 03:48 PM
zhangqj zhangqj is offline
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So this is just for 2 years/50K miles, not 6 years/100K miles warranty? It seems very expensive.

For example, if I have a 2002 M3 with 49,000 miles. I would have to pay $3300 for 2 years/50K extended warranty.
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  #11  
Old 07-23-2004, 03:58 PM
sunilsf sunilsf is offline
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So, what about people who bought the car from a private party and are still under the original warranty? Are we out of luck?
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  #12  
Old 07-23-2004, 04:00 PM
Grant Grant is offline
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Group buy?
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  #13  
Old 07-23-2004, 04:35 PM
zhangqj zhangqj is offline
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Quote:
Originally Posted by sunilsf
So, what about people who bought the car from a private party and are still under the original warranty? Are we out of luck?
From the letter of the offering, yes, too bad!
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  #14  
Old 07-24-2004, 01:27 AM
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jgrgnt jgrgnt is offline
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Hmm, sounds pretty good. Basically, for $3300 (warranty upgrade + maintenance upgrade), you're fully covered for 6 years / 100,000 miles. Three or four brake jobs later and it has paid for itself.
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  #15  
Old 07-24-2004, 08:00 AM
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Seems a bit pricey but one question...

I am the original owner but recently bought out my lease. Would I be eligible? It seems that I should be but the wording implies the decision must be made at the time of actual purchase. I'm I reading it too literally? Thanks.

Oh yeah, any package deals on this warranty extension if combined with the maintenance extension?
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  #16  
Old 07-24-2004, 08:08 AM
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TedW TedW is offline
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Quote:
Originally Posted by ///M Rakete
Seems a bit pricey but one question...

I am the original owner but recently bought out my lease. Would I be eligible? It seems that I should be but the wording implies the decision must be made at the time of actual purchase. I'm I reading it too literally? Thanks.

Oh yeah, any package deals on this warranty extension if combined with the maintenance extension?



1) Yes you are eligible.


2) I'm always willing to make a deal.



Ted
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  #17  
Old 07-24-2004, 09:01 AM
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Jon Shafer Jon Shafer is offline
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This has been "in the works" for no less than 5 years, and is a HUGE
development... An actual launch date!!
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  #18  
Old 07-24-2004, 09:05 AM
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TedW TedW is offline
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Quote:
Originally Posted by Jon Shafer
This has been "in the works" for no less than 5 years, and is a HUGE
development... An actual launch date!!


Huge enough to bring you out of retirement Jon?
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  #19  
Old 07-24-2004, 09:55 AM
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Jon Shafer Jon Shafer is offline
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Quote:
Originally Posted by TedW
Huge enough to bring you out of retirement Jon?
Not quite just yet...
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  #20  
Old 07-24-2004, 02:44 PM
TKrotchko TKrotchko is offline
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Quote:
Originally Posted by TedW
• 2 year/50,000-mile peace of mind protection (takes affect at expiration of
BMW New Vehicle Limited Warranty)
Ted,

This implies that it takes the warranty to 100K correct? The car already has a 4 year 50,000 miles warranty, so this takes it to 6 years, 100K from the sound of it.
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  #21  
Old 07-25-2004, 12:35 AM
zhangqj zhangqj is offline
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Quote:
Originally Posted by TKrotchko
Ted,

This implies that it takes the warranty to 100K correct? The car already has a 4 year 50,000 miles warranty, so this takes it to 6 years, 100K from the sound of it.
2 years/50K from the time the original warranty expires, not exactly 6 years 100K like the one on a CPO car.
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  #22  
Old 07-25-2004, 12:37 AM
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swchang swchang is offline
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Wow, that's kinda expensive...

In any case, you're the man, Ted.
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  #23  
Old 07-25-2004, 12:39 AM
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Kaz Kaz is offline
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Quote:
Originally Posted by jgrgnt
Hmm, sounds pretty good. Basically, for $3300 (warranty upgrade + maintenance upgrade), you're fully covered for 6 years / 100,000 miles. Three or four brake jobs later and it has paid for itself.
Um, brakes are covered by maintenance, not warranty.
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  #24  
Old 07-25-2004, 12:44 AM
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swchang swchang is offline
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Quote:
Originally Posted by Kaz
Um, brakes are covered by maintenance, not warranty.
Well, to his credit, he did say maintenance and warranty... Could've just said maintenance and been done with it, I suppose.

Why would one burn through 3-4 brake sets in 2 years though? Even the most ardent autocrosser wouldn't do that, I wouldn't think.
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  #25  
Old 07-25-2004, 12:56 AM
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Kaz Kaz is offline
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Hmm... I guess I'm jus tired. But if you're just considering the cost of brakes (that I'd do myself anyhow; dealers would never figure out why 325 brake pads won't fit on my car) you could just get the maintenance upgrade to cover that.
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