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E60 (2004 - 2010)
BMW 5-Series (E60 chassis) was first seen in the Unites States in the fall of 2003 with a 2004 Model Year designation. The E60 is now available as a 528i, 528xi, 535i, 535xi, 550i and a 535xi sports wagon! -- View the E60 Wiki

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  #1  
Old 04-24-2013, 09:13 PM
EvilRocketeer EvilRocketeer is offline
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Mein Auto: 535i 2010
Extended Warranty with BMW. Do you recommend it or not?

my 535i 2010 vehicle warranty is about to expire due to reaching 50,000 miles soon, and I am considering upgrading to an extended warranty.


I am wondering if you guys recommend getting the extended warranty with Bmw.
Was it worth it? pros and cons?


any other extended warranty companies you recommend?


only con I see is the price which is 3, 469 for an extra 50,000 miles for two years....
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  #2  
Old 04-25-2013, 05:39 PM
bimmerstien bimmerstien is offline
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GET IT! Negotiate the price if you must but get it. REPAIR COSTS for these car are very expensive!
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  #3  
Old 04-25-2013, 06:06 PM
Pearson10M Pearson10M is offline
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No, I wouldn't

If the $3500 is to CPO your car, a CPO warranty only covers some of the things, not everything. So if one of the things not covered does break, you still will have to get it fixed on your own dime.
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  #4  
Old 04-25-2013, 06:07 PM
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boramkiv boramkiv is offline
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I say get it. Great piece of mind. I usually hear around $2400 in price though, maybe prices higher in your area.
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  #5  
Old 04-25-2013, 07:24 PM
Munich77 Munich77 is offline
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I think it depends on the car. Mine was a handful in warranty (HPFP problems etc.) so I bought extended warranty. I am glad I did - i have been under extended warranty for 13K miles and had way more repairs than the extended warranty cost.
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  #6  
Old 04-26-2013, 02:14 PM
Phoenix1 Phoenix1 is offline
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I bought Route 66 warranty @ 47 months. $2400 $0 deductible, takes me through 100K miles or through 2016.
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  #7  
Old 04-26-2013, 02:52 PM
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newcombe newcombe is offline
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this was the 5 year or 100,000 mile warranty that I was suggested. thoughts? costs $2440 is what they said.

FACTORY TYPE COVERAGE

WHAT'S COVERED: INCLUDES ALL ITEMS COVERED UNDER THE MANUFACTURER'S ORIGINAL COVERAGE except for those items listed under
"Items not covered" .

'RENTAL CAR REIMBURSEMENT: In the event of mechanical breakdown of a covered component, the Agreement Holder will be reimbursed up to $50 per day for a
~ rental vehicle for each four hours of covered repair time as determined by a national flat-rate guide. Total not to exceed $250. Rental receipts required for reimbursement.

ITEMS NOT COVERED: Any normal maintenance item including tires, wheels, struts, shocks, brake shoes or pads, rotors or drums, belts, hoses, filters, fluids, lubricants,
clutch, pressure plate or clutch release bearing, tune-up items. Exhaust or emission parts, electronic equipment including sound reproduction components. wiring or wiring
harness, clock, television, navigation equipment. Any body parts, interior parts, trim, glass, paint, air bag system, keyless entry/anti-theft.

Last edited by newcombe; 04-26-2013 at 02:55 PM.
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  #8  
Old 04-26-2013, 05:04 PM
Munich77 Munich77 is offline
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Quote:
Originally Posted by newcombe View Post
this was the 5 year or 100,000 mile warranty that I was suggested. thoughts? costs $2440 is what they said.

FACTORY TYPE COVERAGE

WHAT'S COVERED: INCLUDES ALL ITEMS COVERED UNDER THE MANUFACTURER'S ORIGINAL COVERAGE except for those items listed under
"Items not covered" .

'RENTAL CAR REIMBURSEMENT: In the event of mechanical breakdown of a covered component, the Agreement Holder will be reimbursed up to $50 per day for a
~ rental vehicle for each four hours of covered repair time as determined by a national flat-rate guide. Total not to exceed $250. Rental receipts required for reimbursement.

ITEMS NOT COVERED: Any normal maintenance item including tires, wheels, struts, shocks, brake shoes or pads, rotors or drums, belts, hoses, filters, fluids, lubricants,
clutch, pressure plate or clutch release bearing, tune-up items. Exhaust or emission parts, electronic equipment including sound reproduction components. wiring or wiring
harness, clock, television, navigation equipment. Any body parts, interior parts, trim, glass, paint, air bag system, keyless entry/anti-theft.
Check out how much BMW coverage would cost - my extended warranty even covered a burnt out xenon head light!
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  #9  
Old 04-26-2013, 05:39 PM
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jagu jagu is offline
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Mein Auto: 2013 535i M-Sport
Quote:
Originally Posted by newcombe View Post
this was the 5 year or 100,000 mile warranty that I was suggested. thoughts? costs $2440 is what they said.

FACTORY TYPE COVERAGE

WHAT'S COVERED: INCLUDES ALL ITEMS COVERED UNDER THE MANUFACTURER'S ORIGINAL COVERAGE except for those items listed under
"Items not covered" .

'RENTAL CAR REIMBURSEMENT: In the event of mechanical breakdown of a covered component, the Agreement Holder will be reimbursed up to $50 per day for a
~ rental vehicle for each four hours of covered repair time as determined by a national flat-rate guide. Total not to exceed $250. Rental receipts required for reimbursement.

ITEMS NOT COVERED: Any normal maintenance item including tires, wheels, struts, shocks, brake shoes or pads, rotors or drums, belts, hoses, filters, fluids, lubricants,
clutch, pressure plate or clutch release bearing, tune-up items. Exhaust or emission parts, electronic equipment including sound reproduction components. wiring or wiring
harness, clock, television, navigation equipment. Any body parts, interior parts, trim, glass, paint, air bag system, keyless entry/anti-theft.
Pass on this one. That's a lot of exclusions.
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  #10  
Old 04-26-2013, 05:41 PM
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newcombe newcombe is offline
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how much are other extended warranties that cover much more?
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  #11  
Old 04-26-2013, 06:12 PM
Macklyn Macklyn is offline
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Location: Moncton, NB, Canada
 
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Mein Auto: 2010 535i xDrive w/ M-Pac
I just got a 3yr 80,000km warranty with Coverage One here in Canada. It was $3400 + tax. I am actually going from my 11' 328i to a 10' 535i on Monday. It still has 20,000km left on factory warranty but I wanted to get the extended for sure to save the worries of repairs a little longer. I did some searching around and it seems to be the best warranty out there for Bimmers and Mercs etc. My local BMW dealer actually sells the same warranty so I know they must back it somewhat. I've heard great things about their coverage. I would have bought the warranty from my local dealer but it was almost $600 more than what I was able to negotiate from a none BMW dealer where I got the car. That will tell you that there is always room to negotiate on pricing. Look around at a few dealers who may offer it to get the best deal for you. Good luck!
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  #12  
Old 04-29-2013, 07:56 AM
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danna danna is offline
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I asked my Service Advisor which warranty would result in the least chance of us "sitting here having an argument". He said BMW. I paid $3000 for 3 years + 70k miles (my car was very low milage and ran out of warranty due to the 4 years when it was still just around 30k. That was for the "gold" warranty which does not cover nav or entertainment. I have had one problem w/ the car in 18 mo, "thermal damage" to the connection going to the taillight. The warranty covered it. I was kinda shocked, expecting some sort of b/s about why it was a maintenance item or some such, so was pleasantly surprised.

That's my 1 datapoint.Hope it helps.
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  #13  
Old 04-29-2013, 11:38 AM
pjinca pjinca is offline
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Eh, if the warranty they recommend does not cover electronics pass on it. My previous car was a CPO and I discovered (the hard way) that the electronics are not covered:
CCC NAV unit died - dealer wanted $2800 to replace
TCU Bluettoth module died - dealer wanted $1400 to replace (at which point I pointed to my BT headset and told him "this is $30, I am not paying $1400 for BT")
Eventually I got both replaced, installed and coded, with the AUX input added in at an indy shop for $1100 total. If the warranty doesn't cover electronics skip it and just put some cash aside for any repairs.
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[B]2008 550 - Carbon Black/Black - M-sport, Cold Weather, Premium, NAV, Comfort Access, Logic 7 (LOADED, every option except night vision)

Previous 3 cars (the 550 is my 38th car):
2005 530i - Prem, Sport, NAV
2006 Jeep SRT-8
2003 Infiniti G35 coupe
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  #14  
Old 04-29-2013, 11:45 AM
Pearson10M Pearson10M is offline
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This is true

Quote:
Originally Posted by pjinca View Post
Eh, if the warranty they recommend does not cover electronics pass on it. My previous car was a CPO and I discovered (the hard way) that the electronics are not covered:
CCC NAV unit died - dealer wanted $2800 to replace
TCU Bluettoth module died - dealer wanted $1400 to replace (at which point I pointed to my BT headset and told him "this is $30, I am not paying $1400 for BT")
Eventually I got both replaced, installed and coded, with the AUX input added in at an indy shop for $1100 total. If the warranty doesn't cover electronics skip it and just put some cash aside for any repairs.
People think CPO are the same as bumper-to-bumper and they are not. A CPO warranty is meaningless for almost everything that isn't related to the engine, frame, and drivetrain.
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  #15  
Old 04-29-2013, 11:46 AM
pjinca pjinca is offline
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Quote:
Originally Posted by Pearson10M View Post
People think CPO are the same as bumper-to-bumper and they are not. A CPO warranty is meaningless for almost everything that isn't related to the engine, frame, and drivetrain.
Correct, and even then the car better be stock or they will try to weasel their way out of covering it.
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[B]2008 550 - Carbon Black/Black - M-sport, Cold Weather, Premium, NAV, Comfort Access, Logic 7 (LOADED, every option except night vision)

Previous 3 cars (the 550 is my 38th car):
2005 530i - Prem, Sport, NAV
2006 Jeep SRT-8
2003 Infiniti G35 coupe
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