Group Buy- extended warranty and maintenance sign up (1M)

[Ky1M]

Originally Posted by Slats

IÂ’m a 62 year old lawyer who has practiced consumer protection law since 1973. I have handled countless lemon law, car fraud, and deceptive dealer practices cases, including class actions involving extended warranties. I have studied countless manufacturerÂ’s warranties, warranty policy and procedure manuals and extended warranty plans over the years. I am not unfamiliar with the facts about these things.

I own an extensively modified 1997 M3 with 200,000 miles on it. I just ordered a 1M and hope to take delivery in Spartanburg and drive it back home, passing through the dragonÂ’s tail on the way. The Top Gear video of the 1M pasting the Porsche Cayman R and the Lotus Evora S, along with some intense lobbying by my step-son, Chuck, and his friend, Dave, pushed me over the edge toward purchasing the 1M. So, you see, I am not entirely ruled by reason.

I joined this forum to glean what knowledge I can from those who know more than I do about cars. My first car, a 1957 Studebaker with a flathead six, burned a lot of oil. So, at 17, I took the engine apart and did a ring job on it in the driveway. Although IÂ’ve been a passable shade tree mechanic ever since, I love learning more about the technologically sophisticated cars that are being produced today. But when you get right down to it, I just like to drive fast cars that handle well and to shoot the bull with others who like to do the same.

I also joined to share what knowledge I have that may be useful to others. If I have learned anything in helping consumers with their legal problems over the years, it is that consumers should not spend their hard-earned dollars on illusory goods or services.

If you choose to take that as me trying to throw a wrench into the GB, there is not much I can do about that, except to assure you that is not my intention. I just happened upon a topic that I know a little something about and thought my experience could benefit others.

And you?

thanks for your insight. Good luck on that PCD delivery mine is Oct 27th ?

[DylPickle85]

Sounds like a good idea with the group buy. I have a 2008 135i with 29,000 miles. I'm looking to get the 7 year 70,000 extended warranty and/or the extended maintenance.

Current quotes look like this:
Extended maintenance = $2095 MSRP (best I found from multiple dealers: $1895)
Extended warranty for 7 year / 70,000 - Gold = $2890, $2940, $3140 (different dealers)
Extended warranty for 7 years / 70,000 - Platinum = $3044, $3300, $3500 (different dealers)

Sounds like most of you are interested in getting this for your new M1's? Hopefully I can be a part, otherwise will continue on my sole-quest. Not in any hurry, as my in-service 4 year expires next July, so will ultimately need to decide and buy before then.

[dwildone]

Originally Posted by Slats

I’m a 62 year old lawyer who has practiced consumer protection law since 1973. I have handled countless lemon law, car fraud, and deceptive dealer practices cases, including class actions involving extended warranties. I have studied countless manufacturer’s warranties, warranty policy and procedure manuals and extended warranty plans over the years. I am not unfamiliar with the facts about these things.

I own an extensively modified 1997 M3 with 200,000 miles on it. I just ordered a 1M and hope to take delivery in Spartanburg and drive it back home, passing through the dragon’s tail on the way. The Top Gear video of the 1M pasting the Porsche Cayman R and the Lotus Evora S, along with some intense lobbying by my step-son, Chuck, and his friend, Dave, pushed me over the edge toward purchasing the 1M. So, you see, I am not entirely ruled by reason.

I joined this forum to glean what knowledge I can from those who know more than I do about cars. My first car, a 1957 Studebaker with a flathead six, burned a lot of oil. So, at 17, I took the engine apart and did a ring job on it in the driveway. Although I’ve been a passable shade tree mechanic ever since, I love learning more about the technologically sophisticated cars that are being produced today. But when you get right down to it, I just like to drive fast cars that handle well and to shoot the bull with others who like to do the same.

I also joined to share what knowledge I have that may be useful to others. If I have learned anything in helping consumers with their legal problems over the years, it is that consumers should not spend their hard-earned dollars on illusory goods or services.

If you choose to take that as me trying to throw a wrench into the GB, there is not much I can do about that, except to assure you that is not my intention. I just happened upon a topic that I know a little something about and thought my experience could benefit others.

And you?

Slats, your input and point of view is, I assure you, appreciated by the forum as a whole. While you shouldn't have to explain your background, I'm glad you did- it is always hard to come to terms with (and appreciate, for that matter) the input of someone whom you have never met and who's only communication with you has been in writing without the chance for emphasis or clarification. Thanks for chiming in.

[Papethova]

Originally Posted by Slats

I’m a 62 year old lawyer who has practiced consumer protection law since 1973. I have handled countless lemon law, car fraud, and deceptive dealer practices cases, including class actions involving extended warranties. I have studied countless manufacturer’s warranties, warranty policy and procedure manuals and extended warranty plans over the years. I am not unfamiliar with the facts about these things.

I own an extensively modified 1997 M3 with 200,000 miles on it. I just ordered a 1M and hope to take delivery in Spartanburg and drive it back home, passing through the dragon’s tail on the way. The Top Gear video of the 1M pasting the Porsche Cayman R and the Lotus Evora S, along with some intense lobbying by my step-son, Chuck, and his friend, Dave, pushed me over the edge toward purchasing the 1M. So, you see, I am not entirely ruled by reason.

I joined this forum to glean what knowledge I can from those who know more than I do about cars. My first car, a 1957 Studebaker with a flathead six, burned a lot of oil. So, at 17, I took the engine apart and did a ring job on it in the driveway. Although I’ve been a passable shade tree mechanic ever since, I love learning more about the technologically sophisticated cars that are being produced today. But when you get right down to it, I just like to drive fast cars that handle well and to shoot the bull with others who like to do the same.

I also joined to share what knowledge I have that may be useful to others. If I have learned anything in helping consumers with their legal problems over the years, it is that consumers should not spend their hard-earned dollars on illusory goods or services.

If you choose to take that as me trying to throw a wrench into the GB, there is not much I can do about that, except to assure you that is not my intention. I just happened upon a topic that I know a little something about and thought my experience could benefit others.

And you?

I didnt really expect a write up, but thanks, and welcome aboard

I appreciate you took the time to do that. If you look from my point of view, new member, 3 posts, its not screaming credible on face value. Usually in cases like that on forums its a troll with an ulterior motive. Im glad that wasnt the case.

As for the warranty, I have never bought one before because I agree with your points to some extent. However, with all the technology and the forced induction on top of the fact that I plan on keeping this car for a long time. I thought I would look into it. I have a friend who swears by it, he had issues with his car and having the extended warranty saved him big $$$. I understand its one data point and could be a huge outlier, but up to this point thats all I had with people I know and extended warranty experience(s).

If it was a big chunk of change Id second guess it, I still will weigh my options, but the expense seems to be minimal for the peace of mind.

[Ky1M]

Good job fellow forum users!

[Lexington]

I'm interested as well.

38. Rikx135 135i
39. pinmagic 2011 135i vert
40. SQ86 2011 1M
41. turbomzi 2011 1M
42. sergeremi 2011 1M
43. Flyn 2011 1M
44. simple_simon 2011 1M
45. 1Madness 2011 1M
46. Mdawood 2011 1M
47. silvs 2011 1M
48. Pamlico 2011 1M
49. mikewills 2011 1M
50. Lexington 2008 135i

[jhall1957]

I'm interested too!

38. Rikx135 135i
39. pinmagic 2011 135i vert
40. SQ86 2011 1M
41. turbomzi 2011 1M
42. sergeremi 2011 1M
43. Flyn 2011 1M
44. simple_simon 2011 1M
45. 1Madness 2011 1M
46. Mdawood 2011 1M
47. silvs 2011 1M
48. Pamlico 2011 1M
49. mikewills 2011 1M
50. Lexington 2008 135i
51. Jhall1957 2011 1M

[sergeremi]

Originally Posted by Papethova

As for the warranty, I have never bought one before because I agree with your points to some extent. However, with all the technology and the forced induction on top of the fact that I plan on keeping this car for a long time. I thought I would look into it. I have a friend who swears by it, he had issues with his car and having the extended warranty saved him big $$$. I understand its one data point and could be a huge outlier, but up to this point thats all I had with people I know and extended warranty experience(s).

If it was a big chunk of change Id second guess it, I still will weigh my options, but the expense seems to be minimal for the peace of mind.

Especially if a sizeable discount could be had with the group buy. I'm still waiting to see how the numbers shake out.

But again, slats point on what actually will be replaced under the extended warranty and what caveats are in place are something we should all be well aware of.

[Papethova]

Originally Posted by sergeremi

But again, slats point on what actually will be replaced under the extended warranty and what caveats are in place are something we should all be well aware of.

+1 to that

My friend that I was speaking of actually had to pay when he had warranty work done, because although the parts were covered none of his gaskets were. It still was a huge savings since the parts would have been expensive if the warranty hadnt covered them but he didnt expect to be hit with a bill for a long list of gaskets.

I dont know how much of a difference it makes but his was 3rd party coverage and I am only looking at genuine BMW warranties for the GB.

[DylPickle85]

I guess I should add - I"M INTERESTED!

38. Rikx135 135i
39. pinmagic 2011 135i vert
40. SQ86 2011 1M
41. turbomzi 2011 1M
42. sergeremi 2011 1M
43. Flyn 2011 1M
44. simple_simon 2011 1M
45. 1Madness 2011 1M
46. Mdawood 2011 1M
47. silvs 2011 1M
48. Pamlico 2011 1M
49. mikewills 2011 1M
50. Lexington 2008 135i
51. Jhall1957 2011 1M
52. DylPickle85 2008 135i coupe

[Drace1]

38. Rikx135 135i
39. pinmagic 2011 135i vert
40. SQ86 2011 1M
41. turbomzi 2011 1M
42. sergeremi 2011 1M
43. Flyn 2011 1M
44. simple_simon 2011 1M
45. 1Madness 2011 1M
46. Mdawood 2011 1M
47. silvs 2011 1M
48. Pamlico 2011 1M
49. mikewills 2011 1M
50. Lexington 2008 135i
51. Jhall1957 2011 1M
52. DylPickle85 2008 135i coupe
53. Drace1 2011 1M

What about wheel warranty??

[Papethova]

Originally Posted by Drace1

What about wheel warranty??

I heard
1. it had to be bought from the dealership you got the car at
2. it had to be bought within 90 days of vehicle purchase.

If thats not the case then I can look into getting that for everyone as well. I'll try to call the local dealership and get a straight answer on that tomorrow. I leave for ED on Monday so I cant promise I can have something before the weekend, but I will try.

[Drace1]

Originally Posted by Papethova

I heard
1. it had to be bought from the dealership you got the car at
2. it had to be bought within 90 days of vehicle purchase.

If thats not the case then I can look into getting that for everyone as well. I'll try to call the local dealership and get a straight answer on that tomorrow. I leave for ED on Monday so I cant promise I can have something before the weekend, but I will try.

Sounds great, thanks for your help.

[Papethova]

This is what i have so far for the wheel and tire package (I have called 3 dealerships, 2 I spoke with, the 3rd Im waiting to hear back from)

Both told me you can only buy the genuine BMW package on the day of vehicle purchase only, you CANNOT add it at a future time.

Both also told me anytime after purchase you can add a similar 3rd party product, but it requires an inspection so if you are not local the dealership cannot offer you the product. That eliminates the possibility to include it in this GB.

This is where they didnt agree.... each dealership called the third party product something different (maybe they contract with a different company?). Also, the first told me the product has the same coverage as the BMW one except its capped at $5000 in damages (thats cumulative not per incident). The second dealership told me their third party product is identical to BMWs in every way and does not have a cap on claims.

Tomorrow I will touch base with the third dealership to see if their answers match up.

[Nathan_h]

38. Rikx135 135i
39. pinmagic 2011 135i vert
40. SQ86 2011 1M
41. turbomzi 2011 1M
42. sergeremi 2011 1M
43. Flyn 2011 1M
44. simple_simon 2011 1M
45. 1Madness 2011 1M
46. Mdawood 2011 1M
47. silvs 2011 1M
48. Pamlico 2011 1M
49. mikewills 2011 1M
50. Lexington 2008 135i
51. Jhall1957 2011 1M
52. DylPickle85 2008 135i coupe
53. Drace1 2011 1M
54. nathan_h 2012 128i coupe

I'm keen to save some cash while hedging against risk.

And I should say i'm most interested in the PowerTrainPlus version of the warranty.

[timwin]

I work for a corporation that owns a couple BMW stores in TX. Allow me to give my Finance Manager a call tomorrow and see what deals he can do for you all. Maybe a 4th quote will let you all see how good of a deal you are getting from him or if it is better to go with the other one of the other three

[Papethova]

Originally Posted by timwin

I work for a corporation that owns a couple BMW stores in TX. Allow me to give my Finance Manager a call tomorrow and see what deals he can do for you all. Maybe a 4th quote will let you all see how good of a deal you are getting from him or if it is better to go with the other one of the other three

Thanks!! You misread my post. The 3 dealers I called was only to get the facts straight on the tire package. I will be shopping the GB around. I have some dealerships in mind, after talking to so many for the car I have an idea of which will cooperate and which wont. Plus, I have a contact or two here through the forum. Ill PM you when the time gets near, this isnt going to be done until production ends and as of now thats Dec 2011. So Im looking at mid-late January 2012.

[timwin]

Yeah let me know. If you all cant find the extended/maintenance warranty in black and white I'll shoot a email over to my finance guy to make sure that he get it for me in black and white so everyone know what is coverd and what isn't. Therefore this will hold BMW NA in check if they do not authorized repairs to your vehicle.

[McClane]

38. Rikx135 135i
39. pinmagic 2011 135i vert
40. SQ86 2011 1M
41. turbomzi 2011 1M
42. sergeremi 2011 1M
43. Flyn 2011 1M
44. simple_simon 2011 1M
45. 1Madness 2011 1M
46. Mdawood 2011 1M
47. silvs 2011 1M
48. Pamlico 2011 1M
49. mikewills 2011 1M
50. Lexington 2008 135i
51. Jhall1957 2011 1M
52. DylPickle85 2008 135i coupe
53. Drace1 2011 1M
54. nathan_h 2012 128i coupe
55. McClane 2011 135i coupe

Interested in a gold extended warranty most likely. Thanks for your efforts on this.

[Rikx1M]

38. (Rikx135 135i) now Rikx1M
39. pinmagic 2011 135i vert
40. SQ86 2011 1M
41. turbomzi 2011 1M
42. sergeremi 2011 1M
43. Flyn 2011 1M
44. simple_simon 2011 1M
45. 1Madness 2011 1M
46. Mdawood 2011 1M
47. silvs 2011 1M
48. Pamlico 2011 1M
49. mikewills 2011 1M
50. Lexington 2008 135i
51. Jhall1957 2011 1M
52. DylPickle85 2008 135i coupe
53. Drace1 2011 1M
54. nathan_h 2012 128i coupe
55. McClane 2011 135i coupe

Interested in a gold extended warranty most likely. Thanks for your efforts on this.[/quote]

[jfly77]

Originally Posted by Rikx135

38. (Rikx135 135i) now Rikx1M
39. pinmagic 2011 135i vert
40. SQ86 2011 1M
41. turbomzi 2011 1M
42. sergeremi 2011 1M
43. Flyn 2011 1M
44. simple_simon 2011 1M
45. 1Madness 2011 1M
46. Mdawood 2011 1M
47. silvs 2011 1M
48. Pamlico 2011 1M
49. mikewills 2011 1M
50. Lexington 2008 135i
51. Jhall1957 2011 1M
52. DylPickle85 2008 135i coupe
53. Drace1 2011 1M
54. nathan_h 2012 128i coupe
55. McClane 2011 135i coupe
56. jfly77 2011 1M

Interested depending on the discount %

[/quote]

[///BYU]

38. (Rikx135 135i) now Rikx1M
39. pinmagic 2011 135i vert
40. SQ86 2011 1M
41. turbomzi 2011 1M
42. sergeremi 2011 1M
43. Flyn 2011 1M
44. simple_simon 2011 1M
45. 1Madness 2011 1M
46. Mdawood 2011 1M
47. silvs 2011 1M
48. Pamlico 2011 1M
49. mikewills 2011 1M
50. Lexington 2008 135i
51. Jhall1957 2011 1M
52. DylPickle85 2008 135i coupe
53. Drace1 2011 1M
54. nathan_h 2012 128i coupe
55. McClane 2011 135i coupe
56. jfly77 2011 1M
57. ///BYU 2011 1M

I'm interested. Thanks for looking into this!!