aftermarket warranty

imported_mega · 09-19-2008, 08:45 AM

Anyone care to to recommend an aftermarket warranty company?

Some research led me to warranty direct, they quoted 2,250 $ for 7 year 100,000 miles with 100 $ deductible for my 135i

really only want it for drivetrain failure, the twin turbo's scare me a little bit, and that 335i engine repair thread and 25,000 $ bill is enough for me to want a warranty, I plan on keeping the car at least 8 years.

searching forums for aftermarket warranties, like bimmerforums, scares me

all the recommended companies from 2002-2005 are bankrupt and gone

gio · 09-19-2008, 01:18 PM

Be careful getting an aftermarket warranty. Most of the warranties out there are rip-offs and use blatantly illegal tactics to get people to sign up. I used to get machines calling my cell phone playing recorded messages trying to get me to sign up for a warranty. That was before I bought my 1 and my car was over 8 years old and way outside the warranty range. They only stopped when I filed a complaint with the FCC.

Do a web search and you'll find articles about this and the warranty companies many whom don't actually have money to cover warranties and simply go out of business when claims are made. The ones that stay around have so much stuff in the fine print that it's impossible to actually make a claim because nothing is actually covered. Hopefully the govt will crack down on these companies and laws will be passed but that takes time.

I recommend if you want an extended warranty, buy one from BMW. You can purchase it at any time up until right before your warranty is going to expire.

imported_mega · 09-19-2008, 01:26 PM

I did not think bmw sold extended warranty's

warranty direct is the one I found on the net as most recomended

gio · 09-19-2008, 01:30 PM

Quote:

Originally Posted by mega

I did not think bmw sold extended warranty's

warranty direct is the one I found on the net as most recomended

The BMW dealer I test drove the 1 at definitely tried to sell me an extended warranty when I was looking at the car. I probably still have the brochure somewhere (I'll look). I believe it was a 7 year/100,000 warranty and it wasn't that expensive.

bman6074 · 09-19-2008, 02:20 PM

I thought BMW offered a extended warranty up to 100K miles and 6years from the purchase of your car. so it really only adds another 2 years and 40K miles to your factory warranty. Its not cheap but figure your getting genuine parts and labor. I know you can buy the warranty at anytime under you factory warranty.

Monaco35Dream · 09-19-2008, 02:39 PM

Quote:

Originally Posted by bman6074

I thought BMW offered a extended warranty up to 100K miles and 6years from the purchase of your car. so it really only adds another 2 years and 40K miles to your factory warranty. Its not cheap but figure your getting genuine parts and labor. I know you can buy the warranty at anytime under you factory warranty.

this is correct. i got the extended warranty for my 1...6 years or 100k...

Bruck · 09-19-2008, 05:24 PM

My dealer offered the GE 5 star warranty, and it was $3600 or so for 8years and 120k.

I'm thinking of choosing it.

more thoughts?

I was told that any mods of any kind will not effect the GE warranty

Monaco35Dream · 09-19-2008, 05:41 PM

id go for it...it just worth the peace of mind to me...and thats a very good price

bman6074 · 09-19-2008, 06:44 PM

mmmm i would like that warranty. 8 years would be nice. Is the warranty transferable?

imported_mega · 09-19-2008, 10:24 PM

I thought the dealer only offered aftermarket warranty's like the GE deal

Monaco35Dream · 09-19-2008, 11:01 PM

Quote:

Originally Posted by bman6074

mmmm i would like that warranty. 8 years would be nice. Is the warranty transferable?

i dont know about his but mine is called the BMW Maintenance Program Upgrade and it is attached to the VIN so it is transferable...if you can afford it, i really see no reason not to get it...

Bruck · 09-19-2008, 11:03 PM

Yes it is, goes with the car, will raise resale value.

imported_mega · 09-20-2008, 06:53 AM

Quote:

Originally Posted by Monaco35Dream

i dont know about his but mine is called the BMW Maintenance Program Upgrade and it is attached to the VIN so it is transferable...if you can afford it, i really see no reason not to get it...

that's the maintenance program, that is NOT an extended warranty

that's just extending the free oil changes and brake pads

one-35 · 09-20-2008, 10:22 AM

Quote:

Originally Posted by Bruck

My dealer offered the GE 5 star warranty, and it was $3600 or so for 8years and 120k.

I'm thinking of choosing it.

more thoughts?

I was told that any mods of any kind will not effect the GE warranty

My BMW dealer quoted me a little over $3000 for the 6yr/100K mi. BMW extended warranty. $3600 sounds inexpensive for 8 yrs/120K mi. (Do they allow you to use BMW Genuine parts and dealer service?)... see this Insurance website (8 yrs???):

http://www.pianet.com/PIAMainStreetS...ucts/geaws.htm

5 Star

Most comprehensive coverage available
Available on both new and pre-owned vehicles
Coverage throughout the United States and Canada
Flexible terms from 12 months/12,000 miles to 7 years/100,000 miles
Flexible deductible choices
Car Rental, Towing, and Trip Interruption coverage included

gargoyal · 09-20-2008, 10:34 AM

Be very careful about a warranties not offered through the manufacture (BMW).just because the dealer sells it does not mean it is from BMW. Non manufacture warranties are not regulated the same and you don't has the same rights or recourse. If you are modding your car even slightly, I wouldn't even think about it.

Read all of the fine print.

imported_mega · 09-20-2008, 10:35 AM

can someone direct me to bmw usa's info on this bmw warranty?

I cant find anything, and my dealer only offered a third party warranty

gargoyal · 09-20-2008, 11:03 AM

Quote:

Originally Posted by mega

can someone direct me to bmw usa's info on this bmw warranty?

I cant find anything, and my dealer only offered a third party warranty

its the The BMW Original Owner Protection Program . extra 2 years and 50,000 miles.

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

imported_mega · 09-20-2008, 11:11 AM

anyone know what the rate is for the extra 2 years and 50,000 miles?

Xyloft · 09-20-2008, 12:10 PM

I will never buy an extended warranty again. when i cancled my previous cars warranty they prorated it from teh datea of purchase. (day 1) basically for a $1550 warranty on my sti i got $700 back and i only had 40,000 miles on my car. i paid $850 to extend my warranty 4,000 miles.

BMW deffinately tried to sell me one, in fact that was the only part of my buying experiance that i did not like.

personally...i'd just put that 2250 or whatever into a savings account and use it IF you need it.

imported_mega · 09-20-2008, 02:34 PM

2250 wont put a dent into a 25,000 $ engine repair job if the turbos go at 70,000 miles

09-19-2008, 08:45 AM	#1
imported_mega Colonel 122 Rep 2,199 Posts Drives: various bmw's Join Date: Jul 2007 Location: neverland iTrader: (0)	aftermarket warranty Anyone care to to recommend an aftermarket warranty company? Some research led me to warranty direct, they quoted 2,250 $ for 7 year 100,000 miles with 100 $ deductible for my 135i really only want it for drivetrain failure, the twin turbo's scare me a little bit, and that 335i engine repair thread and 25,000 $ bill is enough for me to want a warranty, I plan on keeping the car at least 8 years. searching forums for aftermarket warranties, like bimmerforums, scares me all the recommended companies from 2002-2005 are bankrupt and gone __________________ You only need two tools in life - WD-40 and Duct Tape. If it doesn't move and should, use the WD-40. If it shouldn't move and does, use the duct tape. Driving e82, e72, e85, R53 Gone but not forgotten.. 1974 2002, many various 3s.
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09-19-2008, 01:18 PM	#2
gio Captain 50 Rep 628 Posts Drives: Join Date: Apr 2008 iTrader: (0)	Be careful getting an aftermarket warranty. Most of the warranties out there are rip-offs and use blatantly illegal tactics to get people to sign up. I used to get machines calling my cell phone playing recorded messages trying to get me to sign up for a warranty. That was before I bought my 1 and my car was over 8 years old and way outside the warranty range. They only stopped when I filed a complaint with the FCC. Do a web search and you'll find articles about this and the warranty companies many whom don't actually have money to cover warranties and simply go out of business when claims are made. The ones that stay around have so much stuff in the fine print that it's impossible to actually make a claim because nothing is actually covered. Hopefully the govt will crack down on these companies and laws will be passed but that takes time. I recommend if you want an extended warranty, buy one from BMW. You can purchase it at any time up until right before your warranty is going to expire. __________________ Waiting on a 2015 M235
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09-19-2008, 01:26 PM	#3
imported_mega Colonel 122 Rep 2,199 Posts Drives: various bmw's Join Date: Jul 2007 Location: neverland iTrader: (0)	I did not think bmw sold extended warranty's warranty direct is the one I found on the net as most recomended __________________ You only need two tools in life - WD-40 and Duct Tape. If it doesn't move and should, use the WD-40. If it shouldn't move and does, use the duct tape. Driving e82, e72, e85, R53 Gone but not forgotten.. 1974 2002, many various 3s.
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09-19-2008, 02:20 PM	#5
bman6074 Major 103 Rep 1,254 Posts Drives: 14 M235i and 07 Lotus Exige S Join Date: Feb 2008 Location: Connecticut iTrader: (0)	I thought BMW offered a extended warranty up to 100K miles and 6years from the purchase of your car. so it really only adds another 2 years and 40K miles to your factory warranty. Its not cheap but figure your getting genuine parts and labor. I know you can buy the warranty at anytime under you factory warranty. __________________
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09-19-2008, 05:24 PM	#7
Bruck First Lieutenant 30 Rep 362 Posts Drives: 2009 135i MT Alpine White Join Date: Aug 2008 Location: Montclair, NJ iTrader: (1) Garage List 2009 135i [0.00]	My dealer offered the GE 5 star warranty, and it was $3600 or so for 8years and 120k. I'm thinking of choosing it. more thoughts? I was told that any mods of any kind will not effect the GE warranty
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09-19-2008, 05:41 PM	#8
Monaco35Dream Captain 44 Rep 647 Posts Drives: 08' 135i, 96' Talon Tsi AWD Join Date: May 2008 Location: Santa Maria, CA iTrader: (1) Garage List 2008 135i [0.00]	id go for it...it just worth the peace of mind to me...and thats a very good price
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09-19-2008, 06:44 PM	#9
bman6074 Major 103 Rep 1,254 Posts Drives: 14 M235i and 07 Lotus Exige S Join Date: Feb 2008 Location: Connecticut iTrader: (0)	mmmm i would like that warranty. 8 years would be nice. Is the warranty transferable? __________________
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09-19-2008, 10:24 PM	#10
imported_mega Colonel 122 Rep 2,199 Posts Drives: various bmw's Join Date: Jul 2007 Location: neverland iTrader: (0)	I thought the dealer only offered aftermarket warranty's like the GE deal __________________ You only need two tools in life - WD-40 and Duct Tape. If it doesn't move and should, use the WD-40. If it shouldn't move and does, use the duct tape. Driving e82, e72, e85, R53 Gone but not forgotten.. 1974 2002, many various 3s.
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09-19-2008, 11:03 PM	#12
Bruck First Lieutenant 30 Rep 362 Posts Drives: 2009 135i MT Alpine White Join Date: Aug 2008 Location: Montclair, NJ iTrader: (1) Garage List 2009 135i [0.00]	Yes it is, goes with the car, will raise resale value.
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09-20-2008, 10:34 AM	#15
gargoyal First Lieutenant 11 Rep 352 Posts Drives: Join Date: Mar 2008 iTrader: (0)	Be very careful about a warranties not offered through the manufacture (BMW).just because the dealer sells it does not mean it is from BMW. Non manufacture warranties are not regulated the same and you don't has the same rights or recourse. If you are modding your car even slightly, I wouldn't even think about it. Read all of the fine print. __________________ Crimson Red 135i, sport pkg ,blk leather delivered 6/27/08
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09-20-2008, 10:35 AM	#16
imported_mega Colonel 122 Rep 2,199 Posts Drives: various bmw's Join Date: Jul 2007 Location: neverland iTrader: (0)	can someone direct me to bmw usa's info on this bmw warranty? I cant find anything, and my dealer only offered a third party warranty __________________ You only need two tools in life - WD-40 and Duct Tape. If it doesn't move and should, use the WD-40. If it shouldn't move and does, use the duct tape. Driving e82, e72, e85, R53 Gone but not forgotten.. 1974 2002, many various 3s.
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09-20-2008, 11:11 AM	#18
imported_mega Colonel 122 Rep 2,199 Posts Drives: various bmw's Join Date: Jul 2007 Location: neverland iTrader: (0)	anyone know what the rate is for the extra 2 years and 50,000 miles? __________________ You only need two tools in life - WD-40 and Duct Tape. If it doesn't move and should, use the WD-40. If it shouldn't move and does, use the duct tape. Driving e82, e72, e85, R53 Gone but not forgotten.. 1974 2002, many various 3s.
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09-20-2008, 12:10 PM	#19
Xyloft Lieutenant 34 Rep 504 Posts Drives: 2008 AW 128i Join Date: Jul 2008 Location: Ohio iTrader: (0)	I will never buy an extended warranty again. when i cancled my previous cars warranty they prorated it from teh datea of purchase. (day 1) basically for a $1550 warranty on my sti i got $700 back and i only had 40,000 miles on my car. i paid $850 to extend my warranty 4,000 miles. BMW deffinately tried to sell me one, in fact that was the only part of my buying experiance that i did not like. personally...i'd just put that 2250 or whatever into a savings account and use it IF you need it.
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09-20-2008, 02:34 PM	#20
imported_mega Colonel 122 Rep 2,199 Posts Drives: various bmw's Join Date: Jul 2007 Location: neverland iTrader: (0)	2250 wont put a dent into a 25,000 $ engine repair job if the turbos go at 70,000 miles __________________ You only need two tools in life - WD-40 and Duct Tape. If it doesn't move and should, use the WD-40. If it shouldn't move and does, use the duct tape. Driving e82, e72, e85, R53 Gone but not forgotten.. 1974 2002, many various 3s.
	Appreciate 0 Quote