Cashing in on the 100K warranty... - BMW 1 Series Coupe Forum / 1 Series Convertible Forum (1M / tii / 135i / 128i / Coupe / Cabrio / Hatchback) (BMW E82 E88 128i 130i 135i)

FactoryFast · 11-08-2009, 09:00 AM

Just wondering if anyone has expericence with this. Im about $2700 away from having the enagaement ring for my girlfriend. It looks like ill wind up doing a Dinan Stage II, which should kill the 100K warranty, so why not cash in on it and be able to get the ring sooner.

The paperwork says you have 60 days to cancel the policy for a full refund. Im wondering if anyone has done this and if they get a check or BMW just puts it towards the loan. The book says if I financed the car it goes back to the leinholder but I did put $6K down...

135iUSN · 11-08-2009, 09:32 AM

u lost me..

shodanusmc · 11-08-2009, 09:33 AM

If you financed the car, and owe money on it, the Extended Warranty money will go to the bank or financing company.It will take you about 6 weeks for it to be applied.

135iUSN · 11-08-2009, 09:52 AM

oh got it.. sorry no coffee yet.. brewing and as i was making it.. and the aroma hit me.. i was 'getting it' ha

i didn't buy the extended..

hockeymutt · 11-10-2009, 01:39 AM

oh no getting married.... dodge that bullet a few years ago got engaged and then called it off a month later for some reason that ring on the finger just made her do a 180 and went crazy.... like after i called it off had steak thrown across my kitchen and pretty much ran-sacked my house picking her stuff up.... the best part was for some reason she gave the ring back to be and i all of a sudden had 2,000 back.... then a week later knocked on my door asking for it back cause she wanted to pawn it and goto cancun...

but good luck man and congrads on getting engaged.

danno2 · 11-10-2009, 09:05 AM

All sounds so classy....what can you get for $2,000.00 now a day? 1/3 to 1/2 cut? Doesn't an extended warranty cost about 2 grand...there ya go.

singular · 11-10-2009, 11:33 AM

Two words: "Cubic zirconia".

plasar · 11-10-2009, 12:30 PM

Quote:

Originally Posted by TTaz02

you should read this thread before going with a dinan chip >>>
http://www.1addicts.com/forums/showthread.php?t=263508

And here's the full thread from the E90Post forum that's 11 pages long. (Too bad a separate 1Addicts thread was started instead of linking to the E90 thread...)

Dinan Stage II & III…major power losses over time!

And here's the response from Steve Breen of Dinan at page 8.

Steve Breen of Dinan Response

To get the full perspective on this issue, I recommend reading all the posts (it's a lot of reading!) and draw your own conclusion.

I am very happy with the Dinan Stage 2 on my 135i conv 6MT and recommend it to others.

Xyloft · 11-10-2009, 03:37 PM

on my previous car i cancled the warranty when i traded it in. even though i had a full bumper to bumper factory warrnaty for 48,000 miles, and i was only on 42, the prorated the extended warranty from DAY ONE.

basically I lost half of the purchase price of the extended warranty while still in the factory warranty. since I traded the car in, the check was cut to me, but if I had cancled and kept the car (as mentioned above) it would go to the lien holder.

and that's how i learned i'll never buy an extended warranty even if I think I'm going to keep the car forever since my forever only lasted about 2-3 years.

11-08-2009, 09:00 AM	#1
FactoryFast Second Lieutenant Drives: 2009 BMW 135i ///M Dinan S2;) Join Date: Nov 2009 Location: Southfields, New York Posts: 258 iTrader: (0)	Cashing in on the 100K warranty... Just wondering if anyone has expericence with this. Im about $2700 away from having the enagaement ring for my girlfriend. It looks like ill wind up doing a Dinan Stage II, which should kill the 100K warranty, so why not cash in on it and be able to get the ring sooner. The paperwork says you have 60 days to cancel the policy for a full refund. Im wondering if anyone has done this and if they get a check or BMW just puts it towards the loan. The book says if I financed the car it goes back to the leinholder but I did put $6K down... Last edited by FactoryFast; 11-08-2009 at 09:21 AM.
	Tweet

11-08-2009, 09:32 AM	#2
135iUSN 135i is fun at 155mph Drives: 135i Alpine White / Terra Join Date: Sep 2008 Location: The World Posts: 1,335 iTrader: (1) Garage List 2009 135i [0.00] 2008 VW R32 [0.00]	u lost me.. __________________ '09 135i / Dinan Stage 2 / Alpine White w/Terracotta / High Gloss Black Trim / ZCW / ZPP / ZSP w/313's / CA / PDC / Step & Paddle Shift / iDrive / iPod-USB / Perf Kidney Grills / LCI Tails / Passport 9500ix / M Floor Mats '11 LR4 HSE LUX / RSE / Vison pk / HD pk ///

11-08-2009, 09:52 AM	#4
135iUSN 135i is fun at 155mph Drives: 135i Alpine White / Terra Join Date: Sep 2008 Location: The World Posts: 1,335 iTrader: (1) Garage List 2009 135i [0.00] 2008 VW R32 [0.00]	oh got it.. sorry no coffee yet.. brewing and as i was making it.. and the aroma hit me.. i was 'getting it' ha i didn't buy the extended.. __________________ '09 135i / Dinan Stage 2 / Alpine White w/Terracotta / High Gloss Black Trim / ZCW / ZPP / ZSP w/313's / CA / PDC / Step & Paddle Shift / iDrive / iPod-USB / Perf Kidney Grills / LCI Tails / Passport 9500ix / M Floor Mats '11 LR4 HSE LUX / RSE / Vison pk / HD pk ///

11-10-2009, 09:05 AM	#6
danno2 Supreme Commander Allied Forces Drives: 2010 135i - 2010 G37X Join Date: Dec 2008 Location: God's country Posts: 56 iTrader: (0)	All sounds so classy....what can you get for $2,000.00 now a day? 1/3 to 1/2 cut? Doesn't an extended warranty cost about 2 grand...there ya go. __________________ 2000 M Roadster - 2003 330i - 2004 330i - 2006 330i - 2006 530i - 2007 335i sedan - 2008 335i coupe 1988 R100RS -2009 R1200RT - 2009 R1200GS

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

11-08-2009, 09:33 AM	#3
shodanusmc Captain Drives: 09 135 Vert Join Date: Feb 2009 Location: Chicago burb Posts: 734 iTrader: (0)	If you financed the car, and owe money on it, the Extended Warranty money will go to the bank or financing company.It will take you about 6 weeks for it to be applied.

11-10-2009, 01:39 AM	#5
hockeymutt Private Drives: 135i silver,prem/sport package Join Date: Oct 2009 Location: california Posts: 76 iTrader: (0)	oh no getting married.... dodge that bullet a few years ago got engaged and then called it off a month later for some reason that ring on the finger just made her do a 180 and went crazy.... like after i called it off had steak thrown across my kitchen and pretty much ran-sacked my house picking her stuff up.... the best part was for some reason she gave the ring back to be and i all of a sudden had 2,000 back.... then a week later knocked on my door asking for it back cause she wanted to pawn it and goto cancun... but good luck man and congrads on getting engaged.

11-10-2009, 11:33 AM	#7
singular Captain Drives: BSM 135i ppk cab Join Date: Nov 2008 Location: SF Bay Area Posts: 935 iTrader: (0)	Two words: "Cubic zirconia".

11-10-2009, 03:37 PM	#9
Xyloft First Lieutenant Drives: AW 128i Join Date: Jul 2008 Location: Ohio Posts: 389 iTrader: (0)	on my previous car i cancled the warranty when i traded it in. even though i had a full bumper to bumper factory warrnaty for 48,000 miles, and i was only on 42, the prorated the extended warranty from DAY ONE. basically I lost half of the purchase price of the extended warranty while still in the factory warranty. since I traded the car in, the check was cut to me, but if I had cancled and kept the car (as mentioned above) it would go to the lien holder. and that's how i learned i'll never buy an extended warranty even if I think I'm going to keep the car forever since my forever only lasted about 2-3 years.