newbie!

[gmackmoney]

hello everyone, just bought a 08 328i with 18,000 miles on it. just wondering should I buy an extended warranty.
thanks a bunch

[brettski]

Welcome to the Werkz.

If one is on offer at a reasonable price then it will provide good peace of mind. Some very minor parts can prove to be very expensive on these cars, so if you can afford the extra cost of the warranty, why not.

[Lord Vader]

Unless its a BMW CPO warranty, i would say no. I have heard to many stories of them not covering things for the stupidist reasons and people having to fight to have repairs covered, and ended up spending more money then they paid for the warranty. Just take the money you would spend on it, and put it in a savings account in case something does break. If you dont ever end up needing it, you wont have payed that money to someone else and have a nice interest return. I think 3rd party warranties are a joke.

[94 Money Pit]

I'm with Vader. Unless its a warranty from BMW, don't waste your money. It's still a crap shot tho with an extended warranty. Personally, I've always purchased them for my used vehicles and never had to use it. So that money I spent on them pretty much was wasted. But I have heard of people putting them to good use with having there car worked on and it covering the expenses. I also feel that if you have the means, to opt out of the warranty and just save that money. Doing that doesn't add to the total bill of your purchase an putting you more upside down on the vehicle. Another lesson learned. Lol. But I've yet to have the luxury of doing that, so I opt to have the piece of mind. Lol. Hopefully this helps with your decision

[gmackmoney]

Thanks guys, it wasn't a Bmw waranty so I cancelled it about 3 days after buying it, they are going to put toward to principal of the loan.
thanks again.