[Insane435]

My 435ix will soon cross the 50k mile mark. I went to the dealer to look at the extended warranty option and it was around $3500 for the gold level plan. The platinum plan was ~$4250 and seemed like a waste comapred to gold. You also had to pay $50 each time you bring thr car in for a warranty item.

I dont plan in getting the maintenance plan because i am able to diy on all of those items. To me $3500 for an additional 2 years of warranty is extremely steep.

Are there any other options out there for me? I drive about 25k miles per year.

[GCinFLA]

Originally Posted by Insane435

Are there any other options out there for me? I drive about 25k miles per year.

Yes, there are other 3rd Party Extended Warranty Plans that are cheaper and longer than the BMW.

The problem you have is the 25k miles a year would run out a 100k warranty in 2 years instead of 5.

The obvious question is how do you have only 50k miles on your 2014 if you drive 25k miles a year.

And quite frankly, the engine mods you list might make things more difficult if something went South.

The bottom line is read the coverage contract in great detail. The 3rd party EW that is usually recommend on this forum has all kinds of gotchas that most have never read in their Contract and is known by BMW SA as being cheap/trying every way to pay the least possible (used and non-OEM parts, no diagnostic time, rental car covered for 1 day only if labor costs over x hours etc).

[Insane435]

Originally Posted by GCinFLA

Yes, there are other 3rd Party Extended Warranty Plans that are cheaper and longer than the BMW.

The problem you have is the 25k miles a year would run out a 100k warranty in 2 years instead of 5.

The obvious question is how do you have only 50k miles on your 2014 if you drive 25k miles a year.

And quite frankly, the engine mods you list might make things more difficult if something went South.

I bought it at 21k and have had it for 13 months. Lol
I may look into EasyCare.

[bavarianride]

N55 should be a sturdy proved design, so the chance of engine issue should be low.

$3500 for 2 years does seem steep. At 25k/years, 100k is only 4 years, which should be lead to too many non-drive train/suspension issues(window regulators, infotainments, etc, etc). The drive train/suspension themselves in BMWs are usually quite beefed up already. The misc. sensors though can be an issue, but those usually will be $300-400 a pop, so $3500(plus $50 deductible each fix) can be hard to recoup.

My take is to ride it out(literally), and save the money for fixes after 100k miles(e.g. cooling system, VCG, control arm bushings, etc, etc).

[Insane435]

Originally Posted by bavarianride

N55 should be a sturdy proved design, so the chance of engine issue should be low.

$3500 for 2 years does seem steep. At 25k/years, 100k is only 4 years, which should be lead to too many non-drive train/suspension issues(window regulators, infotainments, etc, etc). The drive train/suspension themselves in BMWs are usually quite beefed up already. The misc. sensors though can be an issue, but those usually will be $300-400 a pop, so $3500(plus $50 deductible each fix) can be hard to recoup.

My take is to ride it out(literally), and save the money for fixes after 100k miles(e.g. cooling system, VCG, control arm bushings, etc, etc).

Thats where im at right now. Im a diy guy as well. I can do all of the maintenance on the list, so i should be able to fix sensors when needed. I agree it would be hard to recoupe the money in 2 years. The only other thing i may do is a 3rd party warranty but even that may not be worth it.

[Billfitz]

Some 65% of extended warranty buyers never file a claim. Warranty companies know the odds of something happening to your car, much better than you do. You're betting it will break down, they're betting it won't. Ever been to Vegas? The house always wins.

Take the $$ you'd put into a warranty and invest it. If you ever need to use it to fix your car you'll have it. If you never need to use it to fix the car you'll still have it.

[GCinFLA]

Originally Posted by bavarianride

N55 should be a sturdy proved design, so the chance of engine issue should be low.

$3500 for 2 years does seem steep. At 25k/years, 100k is only 4 years, which should be lead to too many non-drive train/suspension issues(window regulators, infotainments, etc, etc). The drive train/suspension themselves in BMWs are usually quite beefed up already. The misc. sensors though can be an issue, but those usually will be $300-400 a pop, so $3500(plus $50 deductible each fix) can be hard to recoup.

My take is to ride it out(literally), and save the money for fixes after 100k miles(e.g. cooling system, VCG, control arm bushings, etc, etc).

OP has boosted output and parts on engine which adds variable to N55.

100k is only 50k additional miles which OP will reach in 2 years at 25k miles per year.

Fitment/Cosmetic not covered by any EW

Electronics not covered on Gold Plans

There are EW plans with $0 deductible.

[GCinFLA]

Originally Posted by Billfitz

Some 65% of extended warranty buyers never file a claim. Warranty companies know the odds of something happening to your car, much better than you do. You're betting it will break down, they're betting it won't. Ever been to Vegas? The house always wins.

Take the $$ you'd put into a warranty and invest it. If you ever need to use it to fix your car you'll have it. If you never need to use it to fix the car you'll still have it.

Literally little difference with any type of Insurance. Insurance Companies are out to make a profit. period.

If you spend more than your premiums would be, you look stupid.

If you spend less, you subsidized someone else who had catastrophic failure.

Just this week someone who had just spent $4500 on EW posted they had $6500 failure.

As he noted, he's happy he did purchase it.

[Prossx]

52k. I'm going to roll the dice.

[Billfitz]

Originally Posted by GCinFLA

Literally little difference with any type of Insurance. Insurance Companies are out to make a profit. period.

I'm out to make a profit too. I don't mind the $1200 a year I pay for home and auto coverage, that's cheap enough for the well over $200k of exposure I have. I wouldn't pay $20k a year for it, which is pretty much what the OP was quoted relative to the value of the coverage.

[GCinFLA]

Originally Posted by Billfitz

I'm out to make a profit too. I don't mind the $1200 a year I pay for home and auto coverage, that's cheap enough for the well over $200k of exposure I have. I wouldn't pay $20k a year for it, which is pretty much what the OP was quoted relative to the value of the coverage.

Clearly you don't pay health insurance then.

Or pay Social Security either.

[GCinFLA]

Originally Posted by bavarianride

N55 should be a sturdy proved design, so the chance of engine issue should be low.

$3500 for 2 years does seem steep. At 25k/years, 100k is only 4 years, which should be lead to too many non-drive train/suspension issues(window regulators, infotainments, etc, etc). The drive train/suspension themselves in BMWs are usually quite beefed up already. The misc. sensors though can be an issue, but those usually will be $300-400 a pop, so $3500(plus $50 deductible each fix) can be hard to recoup.

My take is to ride it out(literally), and save the money for fixes after 100k miles(e.g. cooling system, VCG, control arm bushings, etc, etc).

Originally Posted by CRJdriver

Well, I didn’t op for extended. Couple months after 50k, Differential blew on launch.

6.5k.

4.5 seeems like a bargain now.

From 8.15 post

And then there is this thread using same car and mods as OP

http://f30.bimmerpost.com/forums/sho....php?t=1413983

[Insane435]

Originally Posted by GCinFLA

From 8.15 post

And then there is this thread using same car and mods as OP

http://f30.bimmerpost.com/forums/sho....php?t=1413983

Thats on the 4 cyl

[GCinFLA]

Originally Posted by Insane435

Thats on the 4 cyl

Sorry. Thought I had read you had a 28.

But there have never been blown engines on N55 with tunes, as we all know N55s are impervious to failure.

[bavarianride]

Originally Posted by GCinFLA

From 8.15 post

And then there is this thread using same car and mods as OP

http://f30.bimmerpost.com/forums/sho....php?t=1413983

How does extended warranty work with modified car? For one the local foreman said BMW OEM extended warranty only covers OEM parts.

It is doubtful any ESC meant for factory spec will cover a mod car, say, tuned from 300HP to 400HP?

[GCinFLA]

Originally Posted by bavarianride

How does extended warranty work with modified car? For one the local foreman said BMW OEM extended warranty only covers OEM parts.

It is doubtful any ESC meant for factory spec will cover a mod car, say, tuned from 300HP to 400HP?

A point I made much earlier in the thread in post #2.

[Polo08816]

Originally Posted by Insane435

My 435ix will soon cross the 50k mile mark. I went to the dealer to look at the extended warranty option and it was around $3500 for the gold level plan. The platinum plan was ~$4250 and seemed like a waste comapred to gold. You also had to pay $50 each time you bring thr car in for a warranty item.

I dont plan in getting the maintenance plan because i am able to diy on all of those items. To me $3500 for an additional 2 years of warranty is extremely steep.

Are there any other options out there for me? I drive about 25k miles per year.

I bought my BMW Extended Warranty - Platinum 5 years/100k miles for about $3000. Try buying it through the service department instead of the finance department.

[bavarianride]

Originally Posted by Polo08816

I bought my BMW Extended Warranty - Platinum 5 years/100k miles for about $3000. Try buying it through the service department instead of the finance department.

My local service dept does not sell ESCs, so is that a BMWNA policy, or just local dealer discretion?

[GCinFLA]

Originally Posted by bavarianride

My local service dept does not sell ESCs, so is that a BMWNA policy, or just local dealer discretion?

Most every Dealer sell BMW ESC through the Finance Department.

However, the Company Policy is set by Management as to if the Dealership will discount ESC or not.

And there is a reason most do not want to discount which goes beyond BMW or State Laws, but the cancellation and refund clause.

That said, you can find ESC discounted if you search the forums.

[Insane435]

I shopped around and one of the dealers is offering me a 3rd party for $2550. Its the equivalent of the powertrain plus, 50K 2 years. I have until 55,000 on the odometer to decide though, so I have some time.

[bavarianride]

Originally Posted by GCinFLA

Most every Dealer sales ESC through the Finance Department.

However, the Company Policy is set by Management as to if the Dealership will discount ESC or not.

And there is a reason most do not want to discount which goes beyond BMW or State Laws, but the cancellation and refund clause.

That said, you can find ESC discounted if you search the forums.

Thanks for feedback. My interpretation of your post is that service may provide higher discounts than F&I per dealer policy. My thinking is that is unlikely since GM probably does not work one arm competing with other arm.

[GCinFLA]

Originally Posted by bavarianride

Thanks for feedback. My interpretation of your post is that service may provide higher discounts than F&I per dealer policy. My thinking is that is unlikely since GM probably does not work one arm competing with other arm.

No, I am saying that most Dealerships sell ESC through Finance and that amount would be MSRP in 99.9999% of the Dealerships, no matter the Department you attempt to purchase in.

Reasons for MSRP at 99.999% of Dealerships has to do with Cancellation Policies.