I apologize if this is a repeated topic, but a search on the forum for this topic didn't show any results.
I bought my first BMW (and my first car) about 3 weeks back. It is a 2000 BMW 323i with 30K miles on it. I still have about 3 weeks of factory warranty left on it.
Would anyone suggest buying an extended warranty for it?
I did get a qoute from a local BMW dealer for a 4yr/48k (i.e. will go to 78K miles on the odometer or 4 yrs whichever is first) for $2200. Is this a reasonable price. That warranty is underwritten by Jim Moran & Associates, Fidelity Warranty Services. This is their "Platinum Exclusionary Warranty"
I also looked for extended warranties online which were about 500-1000 dollars cheaper but I am not sure how to find a reliable one?
Any suggestions or opinions would be greatly appreciated!