Extended Warranty - worth it?

[1BimmerNut]

Hi,
The factory warranty on my car is soon coming to an end and BMW has offered me the opportunity to purchase extended warranty. 12 months 3.2k and up to 3 years for just over 4k. That would buy a lot of repairs me thinks - but wanted to get opinions on any big repairs you guys have had - small stuff doesn't worry me stuff so much but big stuff does....like I heard of an X5 with a blown transfer case that cost 18k to repair as an example. My car has only travelled 15k and had an inspection which came up " as new"
Views?

[05C4R]

you should be able to get it cheaper then that, unless things have changed. I got 2 years extended warranty for a bit over 2 grand i think. it also has been worth it with a fuel pump and turbo being replaced so far in the last year.

[Zuzu]

Originally Posted by beemer

you should be able to get it cheaper then that, unless things have changed. I got 2 years extended warranty for a bit over 2 grand i think. it also has been worth it with a fuel pump and turbo being replaced so far in the last year.

Off hand. BMW cost price on the 3YR extended is around $3,400.

Whether its worth it or not, comes down to your own peace of mind.

[pavo335]

imho NOPE, that'll buy a lot of mods

[froop]

I chose not to go with it. Went out of warranty in June/July. I think I was getting quoted like 5-6k for the 3 year warranty...

So far it seems to be going ok, except for dying pixels on the radio screen which I noticed last week.

[BMJ]

Originally Posted by 1BimmerNut

Hi,
The factory warranty on my car is soon coming to an end and BMW has offered me the opportunity to purchase extended warranty. 12 months 3.2k and up to 3 years for just over 4k. That would buy a lot of repairs me thinks - but wanted to get opinions on any big repairs you guys have had - small stuff doesn't worry me stuff so much but big stuff does....like I heard of an X5 with a blown transfer case that cost 18k to repair as an example. My car has only travelled 15k and had an inspection which came up " as new"
Views?

for me extended warranty was a big yes, worth it! already paid for its self in one year.

[bsm135]

Definitely worth it with my car.

$2500 for a water pump recently covered by extended warranty.

Hpfp was done aswell under extended warranty.

And just piece of mind, knowing I'm covered if anything else goes wrong.

Also depends on if you plan in keeping it for the term of the warranty aswell...

I think re-sale with the warranty is also a bonus, in my opinion.

[510135]

Originally Posted by 18dim

Definitely worth it with my car.

$2500 for a water pump recently covered by extended warranty.

Hpfp was done aswell under extended warranty.

And just piece of mind, knowing I'm covered if anything else goes wrong.

Also depends on if you plan in keeping it for the term of the warranty aswell...

I think re-sale with the warranty is also a bonus, in my opinion.

+1 I negotiated an extra 1 year extended warranty (2 years total) when i purchased my car from premium selection. So far all my injectors have been replaced and as 18Dim said its peace of mind!

[Hash]

From experience it pays to shop around, call some regional BMW dealers as they seem to offer much more competitive pricing.

Whether it's worth it, everyone's view is different. It definitely gives you piece of mind and will help with resale value/ease if you plan to sell it within the extension period as it's transferable to the new owner.

[Zuzu]

Agree on all those points, especially the resale value.
I have the 3 years extended warranty, so 6 years warranty all up.

[flinchy]

Originally Posted by 18dim

Definitely worth it with my car.

$2500 for a water pump recently covered by extended warranty.

Hpfp was done aswell under extended warranty.

And just piece of mind, knowing I'm covered if anything else goes wrong.

Also depends on if you plan in keeping it for the term of the warranty aswell...

I think re-sale with the warranty is also a bonus, in my opinion.

you gotta remember that's 'dealership prices'

own sourced parts and indy labour will save MEGABUCKS over dealership 'prices'...

[bsm135]

Originally Posted by flinchy

you gotta remember that's 'dealership prices'

own sourced parts and indy labour will save MEGABUCKS over dealership 'prices'...

I agree, the prices are overly inflated, but for me, and many others, time is money.
I would rather go straight into the dealer with the problem, knowing its going to get fixed regardless.

Saves me the stuffing around finding the problem with the car, sourcing a part, waiting for the part to arrive as its most likelt going to come from the USA, then finally getting a mechanic to do the job.

Sure some people DIY, (i am one of them), but for most cases id rather know i can take it straight back, and get the problem fixed properly and promptly.

[flinchy]

Originally Posted by 18dim

I agree, the prices are overly inflated, but for me, and many others, time is money.
I would rather go straight into the dealer with the problem, knowing its going to get fixed regardless.

Saves me the stuffing around finding the problem with the car, sourcing a part, waiting for the part to arrive as its most likelt going to come from the USA, then finally getting a mechanic to do the job.

Sure some people DIY, (i am one of them), but for most cases id rather know i can take it straight back, and get the problem fixed properly and promptly.

True enough

definitely a consideration if you can't be without your car for a period (no other arrangements) for sure

[ExREX]

Originally Posted by 1BimmerNut

Hi,
The factory warranty on my car is soon coming to an end and BMW has offered me the opportunity to purchase extended warranty. 12 months 3.2k and up to 3 years for just over 4k. That would buy a lot of repairs me thinks - but wanted to get opinions on any big repairs you guys have had - small stuff doesn't worry me stuff so much but big stuff does....like I heard of an X5 with a blown transfer case that cost 18k to repair as an example. My car has only travelled 15k and had an inspection which came up " as new"
Views?

How much before your warranty expired did they contact you? By phone, mail or email? Mine expires in December.

[sparoz]

I would get it for 3k.

[1BimmerNut]

Originally Posted by ExREX

How much before your warranty expired did they contact you? By phone, mail or email? Mine expires in December.

I was having chat re when was the actual date of warranty expiry and they offered to extend

[Rob32R]

If you are going to modify the 135i mate there is no point in spending the money and getting the extended warranty.