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      12-14-2009, 09:20 PM   #1
mandalyn
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Need extended warranty advice

Hello. I'm new here and to forums. I am sorry if I have not posted in the correct area.

I have a 07 335i sedan. I bought it in March certified pre-owned so I know it comes with the extended power train warranty already. When purchased, my car had 16,800 miles on it and now I have 38,750 miles on it. I know this year has had me driving way too much. My dilemma is that I will probably hit 50,000 before or by this coming March (June if I'm lucky) and am wondering which is the best option for extended warranty. I was told by my dealership that I could purchase the extended maintenance warranty through them for $2,200 which would give me 2 years/50,000 miles more. Now I've also looked into Warranty Direct, but I'm not sure if that is a good way to go mainly because I don't know of anyone that has ever used the company or one like it. I want to be able to have some sort of warranty on the car past 100,000 miles, which I know is still far out, but about the time my car will be close to 100,000 miles I will be into the meat and potatoes of my degree and will probably be pretty much jobless for that time. I just want to be informed so that I can make the appropriate decision. Thank you.
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      12-14-2009, 09:44 PM   #2
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You won't be able to find a warranty past 100,000 miles. Most of the private warranties are very expensive for BMW's. I was quoted nearly $5,000 for a comprehensive warranty to take my 06 330i to 100,000 miles. What the dealer is offering you is basically to prepay for scheduled maintenance which may or may not be a wise decision. My guess is it will not as when I do the math it is a break even at best because when you drive a lot of miles you limit what the schedule will entail. You are looking at 2k for a brake job and 3 oil changes as well as a air filter. Your car is CPO so you are pretty well covered till 100,000 miles beyond that you will have to be on your own. If you are concerned about breakdown costs you could consider a commuter car for the high mileage stuff or just drive the BMW and deal with things as they arise. I am in much the same boat as you, I just drive it and enjoy every mile. When it breaks down I will deal with it, I set aside a few extra bucks into my car maintenance savings account for the day I go over 100k.
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      12-14-2009, 10:33 PM   #3
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Oh wow. That's pretty pricey for a comprehensive warranty. I didn't think there was a way to get a warranty beyond 100,000, but I thought I would ask just incase. I've been thinking heavily about getting a commuter car, but I love driving my car so much. I still may do it though if the price is right. Thank you so much for your help.
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      12-15-2009, 12:08 AM   #4
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It wasn't too long ago when I was researching all over for a good extended warranty. BMW was my first choice, but they would not sell me the gold plan since I wasn't the original owner. I did look at warranty direct as well as few others and ended up going with Ford Extended Service Plan (ESP) premiumcare package which is the most comprehensive and price is very competitive. I just like the idea that it is warrantied by Ford Motor Company and not a fly by night company. Here is a link if anyone is interested in taking a closer look for themself: http://www.fordfactoryplans.com/
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      12-15-2009, 12:15 AM   #5
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Quote:
Originally Posted by MaxBoost335 View Post
It wasn't too long ago when I was researching all over for a good extended warranty. BMW was my first choice, but they would not sell me the gold plan since I wasn't the original owner. I did look at warranty direct as well as few others and ended up going with Ford Extended Service Plan (ESP) premiumcare package which is the most comprehensive and price is very competitive. I just like the idea that it is warrantied by Ford Motor Company and not a fly by night company. Here is a link if anyone is interested in taking a closer look for themself: http://www.fordfactoryplans.com/
He is asking for a warranty beyond 100,000 miles which Ford ESP does not offer.
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      12-15-2009, 02:45 AM   #6
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Here's my thoughts. BMW's are very reliable (albeit are prone to minor electrical issues given the toys/options/gadgets available for them). Nevertheless, save your $2,200 bucks and forget an extended warranty. You've already driven the car w/o any problems w an extended warranty. The worst that can happen is the transmission fails and $2,200 will go a long way towards fixing it. Find an independent mechanic who is qualified to service/fix BMW's and avoid the dealer like the plague!
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      12-15-2009, 03:10 AM   #7
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Originally Posted by pruettfan View Post
He is asking for a warranty beyond 100,000 miles which Ford ESP does not offer.
Haha just wanted to let you know I'm a she.
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      12-15-2009, 03:20 AM   #8
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Quote:
Originally Posted by MaxBoost335 View Post
It wasn't too long ago when I was researching all over for a good extended warranty. BMW was my first choice, but they would not sell me the gold plan since I wasn't the original owner. I did look at warranty direct as well as few others and ended up going with Ford Extended Service Plan (ESP) premiumcare package which is the most comprehensive and price is very competitive. I just like the idea that it is warrantied by Ford Motor Company and not a fly by night company. Here is a link if anyone is interested in taking a closer look for themself: http://www.fordfactoryplans.com/
I will look into their extended plan, but if they don't go beyond 100,000 I'd rather go with BMW or nothing. The reason I'm wanting to go with an extended warranty is because being a woman and taking a car in that isn't under warranty most places will do their best to rob a woman blind. From what I've been told is if you go with an extended warranty that tends to happen less because they know you aren't paying out of your pocket and the company paying them will know if they are lying or not. I'm not car illiterate, just BMW illiterate for now til I learn more. I have caught mechanics in the past with other vehicles trying to pull one over on me.
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      12-15-2009, 03:22 AM   #9
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Quote:
Originally Posted by Greg007 View Post
Here's my thoughts. BMW's are very reliable (albeit are prone to minor electrical issues given the toys/options/gadgets available for them). Nevertheless, save your $2,200 bucks and forget an extended warranty. You've already driven the car w/o any problems w an extended warranty. The worst that can happen is the transmission fails and $2,200 will go a long way towards fixing it. Find an independent mechanic who is qualified to service/fix BMW's and avoid the dealer like the plague!
Thank you. I'll look into the independent mechanics in the area. I just need to find one that isn't going to try to pull one over on me.
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      12-15-2009, 04:32 AM   #10
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Quote:
Originally Posted by Greg007 View Post
Here's my thoughts. BMW's are very reliable (albeit are prone to minor electrical issues given the toys/options/gadgets available for them). Nevertheless, save your $2,200 bucks and forget an extended warranty. You've already driven the car w/o any problems w an extended warranty. The worst that can happen is the transmission fails and $2,200 will go a long way towards fixing it. Find an independent mechanic who is qualified to service/fix BMW's and avoid the dealer like the plague!
imho the above is bad advice. Yes, the HPFP is warranted for 10 years, but we've seen how many people have their injectors replaced under warranty, a $3000 job? And the turbos are $6800?

I am normally not one to do extended warranties, but I am not into playing Russian roulette with the BMW dealership. It's already bad enough dealing with them under warranty, I can't imagine being told over the phone it's gonna be $6k+ for the out-of-warranty repair.
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      12-15-2009, 12:04 PM   #11
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Originally Posted by John 070 View Post
imho the above is bad advice. Yes, the HPFP is warranted for 10 years, but we've seen how many people have their injectors replaced under warranty, a $3000 job? And the turbos are $6800?

I am normally not one to do extended warranties, but I am not into playing Russian roulette with the BMW dealership. It's already bad enough dealing with them under warranty, I can't imagine being told over the phone it's gonna be $6k+ for the out-of-warranty repair.
Do you recommend the BMW extended warranty? Or another company? The dealership I go to so far has been good to me. I wouldn't know what to do if I had to replace my turbos out from under warranty. My warranty has come in handy twice so far and maybe a third time real soon. The first time I had to take my car in is because the rotors were warped. I don't like driving on holiday weekends, but I had no other choice about 2 months after I got my car I had to drive down to San Diego. I was going with the flow of traffic (not so much on the slow side), and a rather large cooler came flying out the back of some guys truck, so it was either really hurt my car by hitting it or jam on my breaks and hope I wouldn't hit it because I couldn't switch lanes. Thankfully didn't hit the cooler, but warped the rotors pretty good. Had to wait until the coming Monday to call the dealership, but they took my car that day and had it all fixed within an hour and a half. The second time I had to take my car to them was because I could only unlock the doors with the valet key. Ended up that some fuses were blown. They took my car right away and fixed it within about 45 minutes. I need to take it in again, but I am recovering from surgery right now and it will have to wait. The compass has been flickering intermittently. It's done it twice that I have seen, which has been at night, so I don't know how many times it's done it during the day when it's not as noticeable. I know these probably aren't big money things, but I would rather have some sort of warranty after the original so that if something more expensive happens I won't really have to worry about it. Through Warranty Direct, I was quoted $138 a month for their Elite package which yearly is only $200 more than BMW's extended warranty. According to the dealer I take my car to, if I get the extended maintenance warranty through them it will be the same as the original where I pay for nothing until that warranty is up. I haven't read anything that actually states that so I'm wondering if that is really true.
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      12-15-2009, 12:55 PM   #12
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Quote:
Originally Posted by mandalyn View Post
Do you recommend the BMW extended warranty? Or another company? The dealership I go to so far has been good to me. I wouldn't know what to do if I had to replace my turbos out from under warranty. My warranty has come in handy twice so far and maybe a third time real soon. The first time I had to take my car in is because the rotors were warped. I don't like driving on holiday weekends, but I had no other choice about 2 months after I got my car I had to drive down to San Diego. I was going with the flow of traffic (not so much on the slow side), and a rather large cooler came flying out the back of some guys truck, so it was either really hurt my car by hitting it or jam on my breaks and hope I wouldn't hit it because I couldn't switch lanes. Thankfully didn't hit the cooler, but warped the rotors pretty good. Had to wait until the coming Monday to call the dealership, but they took my car that day and had it all fixed within an hour and a half. The second time I had to take my car to them was because I could only unlock the doors with the valet key. Ended up that some fuses were blown. They took my car right away and fixed it within about 45 minutes. I need to take it in again, but I am recovering from surgery right now and it will have to wait. The compass has been flickering intermittently. It's done it twice that I have seen, which has been at night, so I don't know how many times it's done it during the day when it's not as noticeable. I know these probably aren't big money things, but I would rather have some sort of warranty after the original so that if something more expensive happens I won't really have to worry about it. Through Warranty Direct, I was quoted $138 a month for their Elite package which yearly is only $200 more than BMW's extended warranty. According to the dealer I take my car to, if I get the extended maintenance warranty through them it will be the same as the original where I pay for nothing until that warranty is up. I haven't read anything that actually states that so I'm wondering if that is really true.
I think I will do a BMW gold, for 7/100, since my mileage is low (3 years and 17k). That will cover me through years 5, 6, 7.

I absolutely hate the price--it's $3900 list. But I heard on this forum that it CAN be negotiated. Just don't look forward to it, the haggling, that is. I know that's a lot of money, but I refuse to join the "I'll just replace the car to avoid paying any extra warranty or repairs fees" crowd, it just doesn't make sense to me...

The 3rd party ones don't seem to be necessarily cheaper overall, just provide more and longer coverage. But they are expensive too....good luck!

p.s. the extended warranty is not the same as the original, there are tons of stuff not included, but I think it covers the jist of the car......
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      12-15-2009, 03:07 PM   #13
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I'd second this

Quote:
Originally Posted by John 070 View Post
imho the above is bad advice. Yes, the HPFP is warranted for 10 years, but we've seen how many people have their injectors replaced under warranty, a $3000 job? And the turbos are $6800?

I am normally not one to do extended warranties, but I am not into playing Russian roulette with the BMW dealership. It's already bad enough dealing with them under warranty, I can't imagine being told over the phone it's gonna be $6k+ for the out-of-warranty repair.
I don't believe that by any means the "worst thing" that can happen is that the transmission could fail. The 335i is a highly complex automobile. 2 turbos, highly sophisticated and expensive injectors, electrical doodads out the wazoo. There is a clutch or transmission. The brakes will wear out. The tires are $500 per. Other than my 2 HPFP (high pressure fuel pump) failures, the 335i was completely reliable. Not a thing of significance other than a cupholder broke. (I did have the squealing brake problem, though). But the experience with the first 38K (or 50K) is likely to be different than the next 50K, and then after 100K there is no warranty possibility and the HPFP is no longer covered. It would take a bank account with substantial reserves for me to sleep at night with more than 100K on the clock. Believe me- that's not a position you want to be in as a resident or student.
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      12-16-2009, 01:14 AM   #14
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Originally Posted by anowlan View Post
I don't believe that by any means the "worst thing" that can happen is that the transmission could fail. The 335i is a highly complex automobile. 2 turbos, highly sophisticated and expensive injectors, electrical doodads out the wazoo. There is a clutch or transmission. The brakes will wear out. The tires are $500 per. Other than my 2 HPFP (high pressure fuel pump) failures, the 335i was completely reliable. Not a thing of significance other than a cupholder broke. (I did have the squealing brake problem, though). But the experience with the first 38K (or 50K) is likely to be different than the next 50K, and then after 100K there is no warranty possibility and the HPFP is no longer covered. It would take a bank account with substantial reserves for me to sleep at night with more than 100K on the clock. Believe me- that's not a position you want to be in as a resident or student.
So even the independent warranty companies won't provide coverage over 100,000? I know you can't get warranty forever, but 150,000 would definitely make it though the rest of my degree and then I would more than likely be in the market for a new one. I know not every single thing is going to be covered in an extended warranty, but atleast if majority of the big ticket items are covered that would be comforting. I don't expect it to be cheap, but I think having some sort of coverage would be more cost effective than nothing.
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      12-16-2009, 01:58 AM   #15
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Quote:
Originally Posted by mandalyn View Post
Haha just wanted to let you know I'm a she.
Sorry.

In reading your concerns my advice would be to just set aside some money in a savings account for the time that your car exceeds the 100,000 miles. My guess is between 100,000 and 150,000 you may be pretty safe. I am thinking that if a major component is going to fail it will likely do so before 100,000 or much later. Don't worry about all the dooms day scenarios of component failures. They are possible but at the same time are worst case scenarios.

Make sure when you are dealing with the dealership you understand what the maintenance plan will pay for and won't as it is not a warranty. Your car is CPO so you are well covered for repairs. Maintenance can be done much cheaper than at a dealership. Many of us change our own oil or order a kit from Tischer and pay a local shop 20 bucks to do the work. Air filters are a rip off at dealerships. They charge 140 bucks for a $30 filter my 10 year old could change in 10 minutes. I would take the 2 grand you would pay for the maintenance and put it in savings, add a 100 bucks a month and I am pretty sure you will be able to meet all of your needs for maintenance and repairs.
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      12-16-2009, 07:27 AM   #16
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I have a 2007 328xi coupe with 42000 miles. I was able to get a extended warranty from carchex (alpha warranty service) for 7 years from now and 120000 miles total for $2800. Includeds everything even nav and electronics. Backed by BBB
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      12-16-2009, 12:49 PM   #17
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Quote:
Originally Posted by Greg007 View Post
Here's my thoughts. BMW's are very reliable (albeit are prone to minor electrical issues given the toys/options/gadgets available for them). Nevertheless, save your $2,200 bucks and forget an extended warranty. You've already driven the car w/o any problems w an extended warranty. The worst that can happen is the transmission fails and $2,200 will go a long way towards fixing it. Find an independent mechanic who is qualified to service/fix BMW's and avoid the dealer like the plague!
Not completely true!

A friend of mine has a 2006 325i that ran out of warranty (over 4 years old) and he purchased an extended warranty for $1900.

His AC/heat blower stopped functioning as it is supposed to and he took his car in to get it fixed. The dealership told him that the car also had the hydraulic valve lifter ticking. They fixed both issues and everything was covered by the extended warranty. All he paid was a $100 deductible for what would have cost him about $5,000 (per the dealership) and he was also given a BMW loaner.
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      12-16-2009, 02:13 PM   #18
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I have the extended MAINTENANCE. Just past the 4 years I started having issue swith it starting. First time to the shop they said my battery was dead, charged me an hour of labor and charged the battery. Worked fine for about 10 days, then dead again. I wanted to replace teh battery, but couldn't get teh mess of positive terminal wires off, so returned the battery and got it to the dealer again. This time they replaced the positive side and charged the battery again, to the tune of $400. About a week later, dead again. I had AAA jump me, and the guy gave me a printout showing 11 volts charging (should be 14) so I KNEW the real problem all along was the alternator. But they convinced me it was the battery (not covered under extended maintenance) for about $350 installed. Worked great for about 2 weeks then it was back to teh dealer. They THEN finally found it was a bad alternator. My family friend is my SA, so he got BMWNA to cover that under warranty, or it was $1400 just for the part, plus probably 3 hours labor.
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      12-16-2009, 03:18 PM   #19
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Quote:
Originally Posted by mandalyn View Post
Hello. I'm new here and to forums. I am sorry if I have not posted in the correct area.

I have a 07 335i sedan. I bought it in March certified pre-owned so I know it comes with the extended power train warranty already.When purchased, my car had 16,800 miles on it and now I have 38,750 miles on it. I know this year has had me driving way too much. My dilemma is that I will probably hit 50,000 before or by this coming March (June if I'm lucky) and am wondering which is the best option for extended warranty. I was told by my dealership that I could purchase the extended maintenance warranty through them for $2,200 which would give me 2 years/50,000 miles more. Now I've also looked into Warranty Direct, but I'm not sure if that is a good way to go mainly because I don't know of anyone that has ever used the company or one like it. I want to be able to have some sort of warranty on the car past 100,000 miles, which I know is still far out, but about the time my car will be close to 100,000 miles I will be into the meat and potatoes of my degree and will probably be pretty much jobless for that time. I just want to be informed so that I can make the appropriate decision. Thank you.
From your comments, you already have the extended powertrain warranty. It appears that your concern is toward other potential issues. My E93 just rolled thru 100K this morning, so I am now out there unprotected.

Outside of powertrain issues, my total non-warranty covered issues between 50K and 100K were/are:
1) drivers door "pull" on the armrest is scratched up with peeled coating.
2) Glovebox lever is permanently locked, I have to use the metal key to open.

That's it. That's all. I'll fix those two items when i get around to it.

Now the powertrain??!!. I used the hell outta of the extended warranty. But I understand you are already covered, so save your money for other things.
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      12-16-2009, 03:24 PM   #20
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I have a 2006 325i and i purchased the extended warranty the dealer said they will do the 100,000 mile service and go over anything that needs replaced before it expires its covered to july 2011 i have 71,000 miles on it now still haven't had brakes done yet lineing and rotors are original. i should be very close to the mileage till then i also have a 6 speed manual they said they will change gear oil in trans at that time also. i figure i will get my moneys worth out of the warranty.

Remember the extended warranty goes from the in service date of the car when it was put on the road keep that in mind as far as the date and year it will expire if you dont put the miles on it.
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      12-16-2009, 07:18 PM   #21
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Quote:
Originally Posted by asabesan View Post
I have a 2007 328xi coupe with 42000 miles. I was able to get a extended warranty from carchex (alpha warranty service) for 7 years from now and 120000 miles total for $2800. Includeds everything even nav and electronics. Backed by BBB
Nice, thanks. I'll look into them also.
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      12-16-2009, 07:31 PM   #22
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If you read the terms of various warranties and what they cover and what they don't cover, and read stories of people who have had to deal with various warranty claims and the number of times they were refused or not paid in full, especially given you already have a CPO warranty that covers the 'expensive' stuff... you will probably want to forget about additional warranty on top of what you already have, and just save the money and find an honest independent BMW repair person in your area to work with if/when needed.
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