BMW EXTENDED WARRANTY

BMW EXTENDED WARRANTY

Author
Discussion

redsportt

Original Poster:

23 posts

221 months

Wednesday 3rd October 2007
quotequote all
does this pay?? £1050 for 1 year extended warranty each and every claim has a £250 excess therefore true cost of the warranty is £1300 mine is due but am thinking this just aint worth it if i keep the car another 3 yrs £3900 that would probably cover most of what would go wrong i only drive maybe 1500 miles a year

this seems extortionate considering porshe warrany is £600 i think bmw are lifting my leg

David Godfrey

3,857 posts

231 months

Wednesday 3rd October 2007
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BMW M series warrenties have always been steep, but once you get out of the bmw warrenty it's impossible to get back in (happy to be corrected on this, but I struggled)

m12_nathan

5,138 posts

266 months

Wednesday 3rd October 2007
quotequote all
redsportt said:
does this pay?? £1050 for 1 year extended warranty each and every claim has a £250 excess therefore true cost of the warranty is £1300 mine is due but am thinking this just aint worth it if i keep the car another 3 yrs £3900 that would probably cover most of what would go wrong i only drive maybe 1500 miles a year

this seems extortionate considering porshe warrany is £600 i think bmw are lifting my leg
I renewed last year and didn't have a single claim, haven't bothered this year.

mbutchers

696 posts

227 months

Wednesday 3rd October 2007
quotequote all
redsportt said:
this seems extortionate considering porshe warrany is £600 i think bmw are lifting my leg
Porsche Warranty is now around £895 - but I take your point - Extortion it certainly is, but peace of mind is always pricey.

The Dude

6,546 posts

254 months

Wednesday 3rd October 2007
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I've not bothered renewing. Just pay the £1k into a bank account for that "rainy day" smile


M3desmo

582 posts

220 months

Thursday 4th October 2007
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Agreed, if you've owned the car for a bit and ironed out all the obvious issues, and are keeping the car then I don't think it's value for money. If on the other hand you are thinking of selling in the near future, it does make the car much easier to sell privately and through the dealer network.

m12_nathan

5,138 posts

266 months

Thursday 4th October 2007
quotequote all
What difference does it make to dealers? It can't be transferred to them and they have to buy the AUC warrenty anyway?

MrOnTheRopes

1,473 posts

253 months

Friday 5th October 2007
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M3desmo said:
Agreed, if you've owned the car for a bit and ironed out all the obvious issues, and are keeping the car then I don't think it's value for money.
..but on the other hand, the car I have had since Aug 2003 has had all the usual stuff (+more as 'preventative maint') and I still had £4000 claims in the first year of the extended warranty - and I spent about £2000 on the warranty (including the various excesses). So it paid for me.
Now I'm in the second year (£1050 paid) and it's having another diff, this time though without excess as they're picking that one up.

DMC2

1,885 posts

218 months

Friday 5th October 2007
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Warranties Direct offer the same cover as the BMW warranty (as far as i'm aware) for £750 per year and only £25 excess.

MrOnTheRopes

1,473 posts

253 months

Friday 5th October 2007
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DMC2 said:
Warranties Direct offer the same cover as the BMW warranty (as far as i'm aware) for £750 per year and only £25 excess.
But you have the extra hassle at claim time - having to deal with a 3rd party, possibly having to wait for a visit from their assessment person etc..etc

robm3

4,930 posts

234 months

Monday 15th October 2007
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I'm getting it in a few weeks as I figure it'll payback if I choose to sell next year. Also, I've done a couple of trackdays and average around 20K pa so wise for me...

big fra

93 posts

236 months

Tuesday 16th October 2007
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I renewed my warranty with BMW for my CSL in September.Sure it isni cheap but ive been rather lucky i think.Getting in to my car after some arse in a lorry had parked to close to the drivers door and i managed to slip when getting in and cracked the seat.Put it in to Parks BMW and sure enough it needed a new seat and frame also needed a new clutch and flywheel.All in all £3600.00 covered by the warranty.Thank fook i renewedeek

robm3

4,930 posts

234 months

Wednesday 17th October 2007
quotequote all
big fra said:
I renewed my warranty with BMW for my CSL in September.Sure it isni cheap but ive been rather lucky i think.Getting in to my car after some arse in a lorry had parked to close to the drivers door and i managed to slip when getting in and cracked the seat.Put it in to Parks BMW and sure enough it needed a new seat and frame also needed a new clutch and flywheel.All in all £3600.00 covered by the warranty.Thank fook i renewedeek
Surprised they paid out on a clutch...

big fra

93 posts

236 months

Thursday 18th October 2007
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They paid out on the clutch cause it's SMG!!

robm3

4,930 posts

234 months

Thursday 18th October 2007
quotequote all
big fra said:
They paid out on the clutch cause it's SMG!!
I can understand a flywheel and can only summerise that it fractured into the clutch plate. The warranty wouldn't cover a clutch under normal circumstances as it's a consumable similar to brake pads etc.. SMG makes no difference.
E.g. If I took mine to BMW when the clutch wore out, they wouldn't cover it. Just like they didn't cover my brake pads and discs at the last service.

All, let me know if I'm wrong here cos if so I'm off to get my 'slipping' clutch replaced!!!

The Dude

6,546 posts

254 months

Thursday 18th October 2007
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robm3 said:
big fra said:
They paid out on the clutch cause it's SMG!!
I can understand a flywheel and can only summerise that it fractured into the clutch plate. The warranty wouldn't cover a clutch under normal circumstances as it's a consumable similar to brake pads etc.. SMG makes no difference.
E.g. If I took mine to BMW when the clutch wore out, they wouldn't cover it. Just like they didn't cover my brake pads and discs at the last service.

All, let me know if I'm wrong here cos if so I'm off to get my 'slipping' clutch replaced!!!
Plenty of people had their clutch replaced Rob. If it's slipping take it to the dealer and demand it get fixed. It's a known issue.

Unless of course you've done 100k miles on it, then they'll laugh you down the road, probably.

smile

markxw

328 posts

244 months

Thursday 18th October 2007
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I had my clutch and flywheel replaced under manufacturer warranty (54 reg) last month at 49k miles. Said they inspected it and can tell the diff between mileage wear and smg silliness wear. That was murketts in huntingdon. Know a guy who knows a guy running a standard m3 with first clutch and something like 80k miles. not bad. guess i'll need one sometime after 130k!

StevieS

197 posts

217 months

Thursday 18th October 2007
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I had my clutch replaced a month or so ago under warranty due to it slipping quite badly.

big fra

93 posts

236 months

Sunday 21st October 2007
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Hmmm,their seems to be a trend herewink

bromers2

1,867 posts

257 months

Sunday 21st October 2007
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Owned for 3 years - no clutch at all (touch wood). No warranty renewed. All depends on peoples circumstances /usage / mileage / etc.

With the warranty you're tied into the BMW network too - there's additional cost associated with that too. I imagine a new clutch at a 3rd party would be considerable less than BMW and is upgradeable too.

Rick