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      05-11-2018, 04:12 PM   #1
xpatrick
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BMW extended warranty for noob BMW driver :)

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Hi everyone,

I just got a CPO 2015 335i with 34k miles and CPO warranty till end of 2019. I didn't get any extended warranties at the time of purchase, but am regretting that now and I want to ask the experienced BMW family members about where to get good and reliable warranty deals around town?

I am looking for extended warranty, not the extended maintenance/service warranty.

Thanks for any help
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      05-11-2018, 08:41 PM   #2
ghause
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How many miles do you drive per year?
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      05-11-2018, 09:24 PM   #3
Plutonium0587
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I feel like I've read a ton of post on the subject but I myself am in a similar predicament. I'm about to run out of factory warranty on my 2016 328i and have been debating extending. I only drive about 10-12K miles per year. The 46K miles were put on before I bought it. I have seen quotes from $3-4K to extend to 100K miles. Tough call I think.
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      05-11-2018, 09:42 PM   #4
techn0ir
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Nothing useful to add, but Iím interested in this too.
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      05-11-2018, 11:04 PM   #5
e90bs
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Also interested
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      05-12-2018, 10:17 AM   #6
wilbur_the_goose
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An extended warranty is an insurance policy. You are essentially transferring risk to the warrantor.

Only can you decide if the cost of the warranty will exceed your covered repair costs.

The Warrantor is a for-profit company who probably has a team of actuaries calculating their own risk. You don't have a team of actuaries, which means that odds are against you.

My warranty expires next month, and I'm probably not going to purchase an extended warranty. I have some great local indy mechanics, and a fantastic BMW dealer who doesn't gouge you.
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      05-13-2018, 03:13 PM   #7
rbol13
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First BMW but I'm doing one (BMW platinum or gold) as my factory warranty ends in July. Then getting the MPPK if it doesn't void it lol

It's just for piece (peace) of mind, and I can afford it, so I am getting it.
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      05-14-2018, 11:20 AM   #8
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Is BMW still providing maintenance for free or whatever within the first few years of a new purchase? And if so, would you guys still get the extended warranty if buying new?
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      05-14-2018, 11:26 AM   #9
chiefneil
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Bought my 335i new in 2013, factory warranty expired last October and I havenít purchased an extended warranty.

This is my 5th new BMW and Iíve kept them all well past warranty, never purchased an extended warranty, and never regretted it. YMMV.
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      05-14-2018, 11:53 AM   #10
xpatrick
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Thanks for the replies guys. I only drive about 8k miles per year. Probably not worth it. I only thought about doing it since I have a CPO car with unknown prior driver. Had I bought it new, I wouldn't even think about making a post here about warranty
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      05-14-2018, 12:08 PM   #11
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I am in this same predicament. I'm in a 2014 335xi, with 70,000km on the car. I drive about 22-25,000km a year.

I got a quote for extended warranty (for 36 mths) which would amortize to $120/mth CAD. Is it worth it for 3 years?

I'm having a hard time trying to find if the peace of mind is worth it or not
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      05-14-2018, 12:58 PM   #12
T_flare
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Warranty is warranty. If you need it to sleep better at night then you should do it. But you don't do it to win. Just remember that.
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      05-15-2018, 09:51 AM   #13
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Quote:
Originally Posted by xpatrick View Post
Thanks for the replies guys. I only drive about 8k miles per year. Probably not worth it. I only thought about doing it since I have a CPO car with unknown prior driver. Had I bought it new, I wouldn't even think about making a post here about warranty
Plus, by the time your CPO runs out you should have a better idea if this car is a winner or a loser.
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      05-15-2018, 09:57 AM   #14
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Quote:
Originally Posted by orwinst View Post
I am in this same predicament. I'm in a 2014 335xi, with 70,000km on the car. I drive about 22-25,000km a year.

I got a quote for extended warranty (for 36 mths) which would amortize to $120/mth CAD. Is it worth it for 3 years?

I'm having a hard time trying to find if the peace of mind is worth it or not
4300 CAD dollars seems excessive.
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      06-04-2018, 01:49 PM   #15
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I just purchased an extended warranty from Mark at Nick Alexander BMW in LA.
He was by far the most reasonable quote I received out of the 7 dealers in the OC/LA/SD areas I contacted.
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      06-04-2018, 01:57 PM   #16
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I would wait until Q3 2018. At this point you should have a good gauge if you will need the warranty or not. If you find yourself going in for problems a lot then I say you start eyeing up extended warranties.

Thats what I'm doing with my f34. I got two more years 25k miles left on manuf warranty to determine if i will go with an extended warranty
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      06-05-2018, 01:14 AM   #17
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Quote:
Originally Posted by NorCalAthlete View Post
Is BMW still providing maintenance for free or whatever within the first few years of a new purchase? And if so, would you guys still get the extended warranty if buying new?
Free maintenance for 3 years has nothing to do with an extended warranty. I donít understand the correlation here.
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