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E90/E91/E92/E93 (2006 - 2013)
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  #1  
Old 09-16-2013, 05:40 PM
Socrate Socrate is offline
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BMW 335IS Warranty

I'm thinking to buy warranty for my 2011 335 is. The car has 40k miles and the warranty costs 6k, this include maintenance. The 6k warranty is up to 100k miles or 2 years. What's your advice ? Does it worth or not really?
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  #2  
Old 09-16-2013, 07:37 PM
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CALWATERBOY CALWATERBOY is offline
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Quote:
Originally Posted by Socrate View Post
I'm thinking to buy warranty for my 2011 335 is. The car has 40k miles and the warranty costs 6k, this include maintenance. The 6k warranty is up to 100k miles or 2 years. What's your advice ? Does it worth or not really?

So, cash is not an issue? Buy baby buy.

But if, on the other hand, you want to be cost effective and self sufficient, the DIY community is very active for your model.

Man skills....it is good to have 'em....
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  #3  
Old 09-16-2013, 08:42 PM
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Chop362 Chop362 is offline
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Not as comprehensive as the 4/50 plus HPFP has extended coverage to 100,000 miles so....Brakes/Oil changes etc... are out of pocket, save the dinero
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Old 09-16-2013, 08:56 PM
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I bought the BMW Platinum extended 7/70,000 mile warranty for my 2011 335is at a cost of $2,800. I was able to negotiate a deal since I was also buying one for my wife's 535xi. $6,000 is insane money.

To give you another example, when I bought my new Porsche in August/2012, I bought their platinum 7/70,000 mile extended warranty for $3,000.
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Old 09-16-2013, 09:15 PM
Norm37 Norm37 is offline
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Quote:
Originally Posted by Socrate View Post
I'm thinking to buy warranty for my 2011 335 is. The car has 40k miles and the warranty costs 6k, this include maintenance. The 6k warranty is up to 100k miles or 2 years. What's your advice ? Does it worth or not really?
Shop around you might be able to find a better price. The warranties are good nationwide no matter which dealer you purchase from. Sending out a few e-mails might save you a few bucks.

At the least, try to negotiate a little better price as you are bundling Extended Vehicle Protection and maintenance warranties.

http://www.bmwusa.com/Standard/Conte...rotection.aspx

Last edited by Norm37; 09-16-2013 at 09:17 PM.
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  #6  
Old 09-16-2013, 09:36 PM
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Sounds very steep.
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  #7  
Old 09-16-2013, 10:30 PM
Socrate Socrate is offline
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i called many dealers and the cheapest one i found is 3500$ and that doesn't include maintenance. There are many type of warranties, the 6k one cover everything. I'm thinking if a 2011 car could make any problem until 100k miles. I usually put 5-7k miles every month. i had 335i 2007 before and never had any problem except with turbos but the car can run without that
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Old 09-17-2013, 07:44 AM
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Quote:
Originally Posted by Socrate View Post
i called many dealers and the cheapest one i found is 3500$ and that doesn't include maintenance. There are many type of warranties, the 6k one cover everything. I'm thinking if a 2011 car could make any problem until 100k miles. I usually put 5-7k miles every month. i had 335i 2007 before and never had any problem except with turbos but the car can run without that
Maintenance is a separate policy from BMW. I don't think it's worth it for a 335is. Maybe for an M3 since it covers brakes and the clutch which are expensive on that car.
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Old 09-17-2013, 07:57 AM
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Zooks527 Zooks527 is offline
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With any extended plan, be it for repairs or maintenance, you're "Betting Against the House". This is what happens every time you place a bet on a roulette wheel. Some people make out. Most do not. The house knows the odds and sets the payouts accordingly. Quick - what are the biggest, brightest buildings on The Strip in Las Vegas? Obviously, the casinos. And they didn't get that way by losing money to most of the players.

Same deal with extended warranty and maintenance plans. You don't have all the information to do a cost/benefit analysis with any meaning. However, if it's a BMW plan, there is an entity that does have the information - BMW. They have the repair frequency information you do not have, as well as the estimated repair costs. Using that information, they set the sales cost of the plan above that number so they get some profit. If purchased through a dealer. the dealers then adds on profit of his own. Guess who's paying for everyone else's profit.

Assuming that the seller (BMW or 3rd party) knows how to price the plan being sold, on average, you will lose out. Some people will get "lucky" - their cars will suffer an unexpected failure, and the plan will benefit them. Kind of like buying life insurance - you're betting the insurance company that you're going to die before they think you will.

You need to make your own call. You have to ask yourself "Do I feel lucky?" Well, do ya?
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Last edited by Zooks527; 09-17-2013 at 08:03 AM.
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  #10  
Old 09-17-2013, 08:33 AM
daytrader daytrader is offline
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As stated above, your HPFP and turbos have extended coverage so why pay such a steep price for a couple years coverage. I'd say no way, save the cash for when something actually goes wrong. Do minor services at ind shops or just DIY if so inclined and save even more.
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  #11  
Old 09-17-2013, 10:16 AM
billeul billeul is offline
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Quote:
Originally Posted by Socrate View Post
i called many dealers and the cheapest one i found is 3500$ and that doesn't include maintenance. There are many type of warranties, the 6k one cover everything. I'm thinking if a 2011 car could make any problem until 100k miles. I usually put 5-7k miles every month. i had 335i 2007 before and never had any problem except with turbos but the car can run without that
Call Daniel at Pacific BMW for excellent price on extended warranties.
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  #12  
Old 09-17-2013, 10:23 AM
Lufthansa Lufthansa is offline
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You can buy a lot of maintenance procedures for 6k, especially from a good independent.
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  #13  
Old 09-17-2013, 10:30 AM
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Vanos4:12PM Vanos4:12PM is offline
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Quote:
Originally Posted by Socrate View Post
i called many dealers and the cheapest one i found is 3500$ and that doesn't include maintenance. There are many type of warranties, the 6k one cover everything. I'm thinking if a 2011 car could make any problem until 100k miles. I usually put 5-7k miles every month. i had 335i 2007 before and never had any problem except with turbos but the car can run without that
what about just putting about $200 away a month in your own "maintenance account" to build up a reserve for the next couple of years?
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  #14  
Old 09-18-2013, 06:48 AM
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need4speed need4speed is offline
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Quote:
Originally Posted by billeul View Post
Call Daniel at Pacific BMW for excellent price on extended warranties.
A big +1 on this. Daniel has the best prices and does a great job.

My question is, are the 2011 N54 motors covered by the BMW extended warranty?
I thought the waste gate one was good for 2007-2010 model years. I can't remember what the parameters are on the HPFP. The OP needs to find out if these two expensive things are covered before making any final decision. N4S
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