Good Extended Warranty or Not

[B@dBoy]

Hi guys, I am new to the forum & I just purchased a 02 X5 4.6 with 59k miles on it. I was wondering if any of you guys we recommend these two extended warranty companies besides Warranty Direct or any other warranty company, THANKS:

• Manufacturer Direct: www.mdwarranty.com
• Security National Warranty: www.snwarranty.com

Note: one owner & all the maintance has been up to date, again Thanks!!

[jimbeattie]

Read the fine print and make sure you can live with the conditions e.g. they insist on an oil change schedule which is contrary to what BMdubya recommends. Many of the things they claim to cover don't need coverage e.g. casings, many of the things that need coverage they don't cover. I find that the conditions in the warranty make it virtually impossible to claim. Just my opinion but be careful. Remember they're in business to make money, you pay them and they try real hard not to pay out.

There are plenty of postings about warranties give them a thorough read.

[zerochief]

Usually you must be under 60k miles for an extended warranty so you better act fast.... also :xoutpost:

[CanadianX5]

Get the warranty.
I put over 9k in repairs that would have been covered if I didnt cheap out and not get the warranty.

[B@dBoy]

Thanks guys for all the information.......