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X3 E83 (2004 - 2010)
Talk about the E83 BMW X3 in this forum!

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  #1  
Old 07-14-2013, 01:57 PM
lazyrubesx3 lazyrubesx3 is offline
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Location: TX
 
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Mein Auto: 07 X3 3.0 SI
Extended warranty about to expire. any suggestions?

I'm at 88k miles and the car has been running well except for the malignant software tranny issue that is now fixed. My warranty runs out on august 10 and I have no option to extend so I will be unprotected from august 10th and on. What should I do? should I buy a third-party insurer or go cold turkey?

wanted to see what the vets on these forums suggest.
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  #2  
Old 07-14-2013, 09:05 PM
joylove joylove is offline
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Mein Auto: 08 e83 LCI
Cold turkey and put the money you would have spent on a warranty to one side in a high interest account or IRA.
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  #3  
Old 07-18-2013, 07:38 AM
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X3emist X3emist is online now
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Mein Auto: 06 X3 Sport
Sell It

Get a new one!!!
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2006 X3 Silver Grey/Black Lthr/Alum Trim/Sport Prem Pkg/Xenons/Servotronic/Prem Sound/Satellite Radio/Heated Seats/Carbon Fiber Pillars/Blue Tooth/Aux In/Cargo Net/Aluminum Pedals/V1 Hardwired
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  #4  
Old 07-24-2013, 06:54 PM
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ngcreese ngcreese is offline
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Mein Auto: '91 E30 / '07 X3
Check your rear springs at both the top and bottom ends. They tend to rust and snap near either/both top and bottom ends.

Just discovered that both of my rear springs are snapped, weird.
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  #5  
Old 07-25-2013, 07:48 AM
UncleJ UncleJ is offline
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Joy - let me know where you found a "high interest account"!
Lazy - start preparing for the onslaught of repair/maintenance expenses. I have 96K now on my out of warranty '06 and am actively looking for something to replace it soon. I have about $4K of possible expenses coming up and I want to unload it before that happens. If I do all the necessary and recommended work the car will not be worth one cent more than if I do nothing and just sell or trade it.
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  #6  
Old 07-25-2013, 09:41 PM
spokelizard spokelizard is offline
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Before my warranty expired I paid an indie mechanic for an inspection, kind of like a prepurchase inspection, but in this case it was pre-warranty expiration. They didn't find much, but what they found was fixed under warranty and made the inspection cost (about $100) well worthwhile.

I don't have much confidence in third party warranties. My experience with my previous car (Mazda) was that they dictated the part selection, would not pay for OEM parts, and wouldn't even pay for the after-market refurbished parts from suppliers my mechanic recommended, only for their own network of suppliers.
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  #7  
Old 08-02-2013, 02:32 PM
smaglik smaglik is offline
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Mein Auto: 2007 X3
Quote:
Originally Posted by joylove View Post
Cold turkey and put the money you would have spent on a warranty to one side in a high interest account or IRA.
This. Unless the sh*t completely falls out of the horse, which is very unlikely if you've maintained the vehicle (real maintenance, not BMW schedule), you will be just fine, and financially much better off than purchasing a newer model.

Unless you are looking for a reason to buy a new model, then by all means, rationalize away!
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  #8  
Old 08-02-2013, 05:24 PM
joylove joylove is offline
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Quote:
Originally Posted by UncleJ View Post
Joy - let me know where you found a "high interest account"!:
Ain't that the truth lol! Spend it on some risky shares and blow the winnings on Champagne or eat vegetable soup if you make a loss!

Money is your little green army, get it working for you, not someone else!
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  #9  
Old 08-02-2013, 08:46 PM
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ngcreese ngcreese is offline
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Mein Auto: '91 E30 / '07 X3
Quote:
Originally Posted by smaglik View Post
This. Unless the sh*t completely falls out of the horse, which is very unlikely if you've maintained the vehicle (real maintenance, not BMW schedule), you will be just fine, and financially much better off than purchasing a newer model.

Unless you are looking for a reason to buy a new model, then by all means, rationalize away!
I totally agree. Fixing and maintaining a first gen is significantly less expensive then trading up. Very low/no drama vehicle as long as she is maintained.
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