Can you buy an extended BMW warranty if you buy from an indy

[anonymous-user]

Asked BMW genius but weeks have gone by without a response.

If you purchase a car from an independent specialist can you still by an extended warranty?

Each time I try the site asks for a PIN.

[MitchT]

People renewing an existing BMW warranty will have been provided with a PIN but you won't have one if your car doesn't have an existing BMW warranty in your name. I was under the impression that you could buy a BMW warranty for a car that didn't have one, subject to it passing an inspection, but I can't see evidence of this on the BMW website. It might be quickest to call your local main dealer for clarification.

[MikeM6]

You can buy a BMW branded warranty (underwritten by Alianz) on virtually any BMW without inspection, but be warned that the onus is on you to make sure the service history is correct / car is unmodified as it can later be invalidated if it turned out not to be as per the policy wording.

If it had existing warranty, it can be transferred via private sale only. If you ring them up and say you bought it from a trader, the existing policy (if still in effect) will be cancelled and you can start a new one (at a higher price). That only applies to annual policies, monthly policies are non transferable.

[MikeM6]

anonymous said:

[redacted]

Very true, yes a lapsed policy will have a 30 day period before it kicks in. Worth knowing as any faults during this time are not covered, and those faults will also have a date stored with the code.

[CB 987]

If the car has lapsed warranty, you can’t claim within the first 30 days of the new policy, this was the case when I took out mine back in 2019.

If the car is under 60k miles, then take the monthly not the annual option, you lock the price in and you won’t get stung for the higher rate when the car clicks over 60k on an annual policy.

[anonymous-user]

I truly appreciate everyone’s responses. Thank you.

[VeeTenM]

anonymous said:

[redacted]

They wont put it up if you keep paying it, kind of like paying a credit card off. If you stop, miss a payment and then you "restart" paying again they will hike it up after 60001

You can buy warranty anytime.

Edited by VeeTenM on Monday 30th August 23:17

[Tommie38]

As well as policies costing more after 60k, it used to be the case that renewals were lower after 12m.

So what you needed to do to get the best deal if buying a car that wasn’t already under warranty was:
- Buy something that will be under 60k in 12 months
- After 12 months choose one of the monthly options.

You can see the differences by testing the website with different mileages. VW rates have more than one mileage threshold, BMW might be similar now. Difficult to know whether renewals are still lower, sure somebody here can tell you.

[nickfrog]

The only issue buying the BMW Insured warranty after the original or and extended warranty has stopped is that it is much more expensive, at least 50% more (and you get 11 months for the price of 12 the first year). That's why if you insist on a quality warranty, it can prove cheaper to buy AUC as not only you obviously get 1 year of the highest cover with no excess but the delta when you renew might erode any original saving.

[AW10]

MikeM6 said:

If you ring them up and say you bought it from a trader, the existing policy (if still in effect) will be cancelled and you can start a new one (at a higher price). That only applies to annual policies, monthly policies are non transferable.

IMHO be careful with buying from a trader and expecting to transfer the existing BMW insured warranty by claiming to have bought the car privately. As previously stated, if/when you make a claim the onus is on you to have proof of a service history that meets BMW's requirements and you can legitimately be asked to provide proof of private purchase. This can happen months or years after the start of the warranty. All this is avoided by buying an AUC.

[MikeM6]

AW10 said:

MikeM6 said:

If you ring them up and say you bought it from a trader, the existing policy (if still in effect) will be cancelled and you can start a new one (at a higher price). That only applies to annual policies, monthly policies are non transferable.

IMHO be careful with buying from a trader and expecting to transfer the existing BMW insured warranty by claiming to have bought the car privately. As previously stated, if/when you make a claim the onus is on you to have proof of a service history that meets BMW's requirements and you can legitimately be asked to provide proof of private purchase. This can happen months or years after the start of the warranty. All this is avoided by buying an AUC.

Indeed, which is why I said they will cancel the existing policy and start a new one. If you buy privately and they transfer the warranty, you send them a signed form (both you and your seller). You may of course struggle to evidence the purchase price if there is no invoice etc.

Buying AUC is the easier option, but you won't find any of the older BMWs under AUC. I wanted the V10 and I don't think there are or ever will be any more AUC ones out there.