[Rudz]

Originally Posted by Kerr

Any time I've tried a M3 or a Z4M it was always over £1000. The Z4M only had 18, 000 miles and was over £1200.

I would think twice at over £1000. Obviously it is an insurance policy and the money taken in will be more than the money paid out. Law of averages says you won't be shelling out £1000+ excess on repairs every year.

At under £400 it is a small enough amount of money to not miss it enough for taking away the risk.

In my 2.5 years of extended warranty I've not had a single thing done.

At over £1000 it almost seems worth the risk to keep the money in the bank and hope you are not unlucky.

but you've got to remember that it is an M, everything is exponentially more expensive on that car, I've heard even the labour is more expensive ? (not sure if that's true however? specialist mechanics perhaps ?)

Anyways, each to their own I suppose, I've made full use of it and would not own a car without one...

[Not a Diesel!!!]

Just did mine.

330i N53 engine. 2010 Car with 58k.

Comp with £100 xs for £34.05 per month.

Not normally a extended Warranty guy but had £4k worth of work done a couple of weeks after I got the car.

[Kerr]

Originally Posted by Rudz

but you've got to remember that it is an M, everything is exponentially more expensive on that car, I've heard even the labour is more expensive ? (not sure if that's true however? specialist mechanics perhaps ?)

Anyways, each to their own I suppose, I've made full use of it and would not own a car without one...

Yes everything is far more expensive with the M cars.

I wonder what their likely faults are and what the costs are?

My 335i is £380 and the big one we all fear is the turbochargers. I had mine done under manufacturers warranty. I'm sure the bill is around £3000-3500.

I would recommend everyone to take out a warranty to avoid the potential of that size of bill.

I doubt many 335is will manage 9 years on stock turbos so there is a certain level of risk worth covering.

The OP here was quoted over £1000 for a 330d. Someone says the DPF isn't covered, I'm sure that's about £2000, so one of the biggest worries is always a worry.

I guess you have to weigh up all the potential bills and costs and see if it is worth the risk.

I wouldn't pay over £1000 for a 335i or any of the other 3 series cars. I've not claimed in my 2.5 years meaning I'd almost have enough money saved to cover the bigger bills.

[Kuroblack]

I've got about 10 months left on my original warranty, so starting to look at the options a little more... Unfortunately the BMW Warranty website won't quote me as I already have a warranty, which is helpful!

Just a quick question for those who extended - was it cheaper to pay fully (presume for a year) upfront, or spread the cost monthly? (is there even a choice?)

If it's looking like big numbers, I'd rather start saving now if I have to!

Thanks

[Kerr]

Originally Posted by Kuroblack

I've got about 10 months left on my original warranty, so starting to look at the options a little more... Unfortunately the BMW Warranty website won't quote me as I already have a warranty, which is helpful!

Just a quick question for those who extended - was it cheaper to pay fully (presume for a year) upfront, or spread the cost monthly? (is there even a choice?)

If it's looking like big numbers, I'd rather start saving now if I have to!

Thanks

My options were paying £380 up front or £41 per month.

[sylonien]

Well mine is a March 2010 DCT M3 E92 with 16,000 miles,
full service history. Just had its first MOT done recently

It's over a £1000.
The same with my previous 2007 Manual E92 M3 at 54,000 miles.

Removing the emergency service and the lowest protection is still £700 per year.
That's the thing.
Over a grand a year. The past four years would have cost me like £4000?

The common (if you can call it that) is the actuators, but parts/labour around £800.

So.... might as well pay for myself.

The only thing that really f***s me up would be the DCT or the engine.
But fingers crossed - the M seems quite damn solid.

[Not a Diesel!!!]

Originally Posted by Kuroblack

I've got about 10 months left on my original warranty, so starting to look at the options a little more... Unfortunately the BMW Warranty website won't quote me as I already have a warranty, which is helpful!

Just a quick question for those who extended - was it cheaper to pay fully (presume for a year) upfront, or spread the cost monthly? (is there even a choice?)

If it's looking like big numbers, I'd rather start saving now if I have to!

Thanks

I read somewhere that if you go for the monthly it just carries on as long as you keep paying at that price. If you go for the annual as you come for renewal each year you are quoted for more miles & older car so price goes up. Not sure if this is true.

The Annual also appears to be transferable to next owner so if you were planning to sell in 6 months would be a good sales point that the car had 6 months BMW Warranty.

So it may not all be about price but how long you plan to keep the car.

[Sparky68]

I guess whichever way you look at it, its all about risk. If you can afford the big bills [or modify] its not a problem. If you cant, then a warranty is a must.

[crypticc]

£449 comprehensive including breakdown for 335i. Last year was 446. That's 100 excess, no sense going more as the premium only reduces by the additional excess so one claim and you're equal. I found a reason for a small claim each year so far so breaking even or better I think.
Why is diesel so much more?

[crypticc]

P.s. the way I see it is that for the cost of one month depreciation on a new car I get same peace of mind on my car for the whole year. Score.

[Kerr]

Originally Posted by crypticc

£449 comprehensive including breakdown for 335i. Last year was 446. That's 100 excess, no sense going more as the premium only reduces by the additional excess so one claim and you're equal. I found a reason for a small claim each year so far so breaking even or better I think.
Why is diesel so much more?

It is an insurance policy. It is all about risk.

[MrPogle]

Originally Posted by Sparky68

I guess whichever way you look at it, its all about risk. If you can afford the big bills [or modify] its not a problem. If you cant, then a warranty is a must.

+1

If a 3 grand bill makes you say "bollocks" then you maybe don't need a warranty but if it means you have to scrap your summer holiday, it's different. It's worth remembering that Mondial are actually insuring your summer holiday as the car will get fixed anyway.

[djgandy]

Once a car hits 60k the BMW warranty price pretty much doubles, at least for a new policy. If you are on the monthly continuous you may get away with a cheaper price for a few years.

[Turk88]

I just got a quote from BWM online. 2007 335i SE with 63k:

Comp was £1154.37 (without emergency service) £0 excess
Driveline £647.56 (without emergency service) £0 excess

Am i right in saying that i'd be much better off going for Driveline at half the price, considering it covers pretty much all main mechanical components apart from 'brake and clutch facings'?

Anyone had any experience with driveline cover?

[kraftyskillz]

I had an offer for warrranty from a company that is affiliated with carloans4u, here's what they offered me which sounded too good to be true. Still researching what the catch is:

Company name: JDC Concepts LTD

Product Description................One Off Payment................12 Monthly Payments..........................Total Cost
24 mth Platinum MBI.....................£449...................... ................£40.99............................ .............£491.88

36 mth Platinum MBI.....................£599...................... ................£53.99............................ .............£647.88

. Unlimited number of claims can be made up to the purchase price of the vehicle up to £5,000 per claim!

· The policy covers the vehicle in member countries of European Economic Area for up to 60 days per year.

· There is No Excess to pay in the event of a valid claim being made.

· Unlimited Mileage allowance after purchase of the policy.

· If the repair time of your vehicle exceeds 8 hours, you may claim up to 7 Days Car Hire at £50 per day!

I can provide you with a full break down on whats covered if you're interested.

[djgandy]

They won't pay out, that is why they are so cheap. They often only repair root cause too, so if other things go because of X you'll be left with the bill for all the extras that blew because of a faulty part.