Extended Warranty

[gianvito16]

i just hit 48,000 miles and im looking to get an extended warranty. since i am the second owner bmw said i can only get a service warranty that only covers services, like breaks, oild changes, rotors, and belts. is this true has anyone else been told this? so i want to get a warranty that covers everything. do you guys have any suggestions. i never bought an extended warranty before, all my previous cars came with existing warranties from the dealers. i would want something like 5 years/50k miles. i have a 2006 X5 3.0i, like i said before i am the second owner and i have 48,000 miles. thanks for the help.