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1,6,7,8 - Series and Mini Cooper General Chat related to models that do not fit into particular categories above. Please try to put your discussion in more appropriate sections. This section does cover the 1 Series, MINI Cooper and 8-Series vehicles: BMW 830i, BMW 840Ci, BMW 850i, BMW 850Ci, BMW 850CSi, M8, Alpina B12, BMW CS Concept and others.

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Old 02-21-2009, 06:56 AM   #1 (permalink)
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Extended Warranties

I just purchased my first BMW (128i) and was wondering what the concencous was about purchasing an extended warranty for this vehicle.

The manufacturer warranty is great, but I was thinking about adding the 7yr/100,000 mile warranty to it. I usually keep my cars 10-12 years before unloading them on someone else.

I have had both good and bad experiences with extended warranties. The warranty I would by purchase would be from the dealer (a third party company, not BMW).

Any Thoughts ?
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Old 02-21-2009, 09:18 AM   #2 (permalink)
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Third party warranties aren't what they used to be. Pay close attention to all of the fine print.
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Old 02-21-2009, 09:37 AM   #3 (permalink)
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Third party warranties aren't what they used to be. Pay close attention to all of the fine print.
It's not the fine print I have trouble with - it's how well this vehicle will hold up during the 7 years of the warranty contract.

Being unfamilar with the BMW brand, I don't know if I will be wasting my money betting something major will go wrong during those 7 years.

I guess I'm asking from those with BMW experience, what are the odds that a several hundred fix will be required during that 4th to 7th year when the extended warranty will be in affect.
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Old 02-21-2009, 10:17 AM   #4 (permalink)
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I'll guarantee you that you'll have repairs totalling over several hundred dollars during years 4-7. However, I'm not convinced that your extended warranty company will cover them--that's what I was trying to say. If you can extend the manufacturer's warranty, that's another matter.
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Old 09-05-2009, 01:17 PM   #5 (permalink)
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Its better to have long period of guarantee instead of having extended warranty for customer satisfaction.
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Old 10-10-2009, 05:46 PM   #6 (permalink)
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I think that if you maintain the car, you won't need the warranty. If you don't maintain, the car will break, and they warranty will probably say its your fault and not pay.

Either way, check out WarrantyReports.com. They have some aftermarket research/reviews that you might be interested in.
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Old 11-04-2009, 04:56 AM   #7 (permalink)
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Well the third party warranty is not so good so be aware of all the facts before you do so.
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