| PersonaNonGrata |
06-03-2006 05:16 AM |
BMW Extended Warranty highly recommended
Quote:
Originally Posted by HamannE53
yes...always worth it if you can get it from bmw first, however my service advisor told me its the same aftermarket warranties they sell you at a retail price. those companies have their way with words if u call on your own. i would try to find a site that rates aftermarket warranties....and if u do MAKE SURE THEY GIVE YOU THE ACTUAL CASH VALUE FOR THE WARRANTY OF THE CAR. meaning, anything front to back that goes wrong its covered once it doesnt exceed the actual value of the car (like a total loss)....NOTa named parts warranty that only covers a few things that they mention on a list...like a transmission, but no torque converter or only if u break down on the brooklyn bridge u will be covered...etc. but...i think those are loser companies in my opinion, and would do anything they can to not pay up for something if something were to go wrong and jerk u around...thats just my opinion...
also...i would take their financing alternative instead of paying it out all at once. can build credit, as well as not give them a lump sum...that way if they try to rip u off during a claim, you wont be that ripped off. b.t.w DO N0T GET CONTINENTAL WARRANTY, OR BUYERS CHOICE....SCHEME ARTISTS....and i have had very bad experiences with them...ask your service advisor which would be a good company that they work with.
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Your service advisor is misinforming you. The BMW Original Owner Protection Program is NOT the same as any other aftermarket warranty. Some dealers do sell aftermarket warranties though. The BMW one differs in many important ways including using only OEM BMW parts. I know someone with an aftermarket warranty on his E39 528Ti and they wanted the BMW dealer to use generic parts. :tsk: Also, the BMW warranty includes extended BMW Roadside Assistance. The BMW warranty also allows your dealer to make decisions about what needs to be performed rather than like aftermarket companies that require permission from them before procedures are performed. Perhaps most importantly, BMW offers and back their warranty whereas the aftermarket ones are from businesses that could go out of business at any time, which has happened to a company that members of this forum bought from. I don't think BMW is going bankrupt anytime soon. ;)
There are always limitations to extended warranties, even BMW's does not cover everything bumper to bumper but it does cover quite comprehensively. I just got my X5 back today after another window regulator was replaced (my 5th), a faulty PDC sensor was replaced, and a bad a/c compressor was replaced. The total cost for the necessary parts for these fixes totals just over $1425. That is not including labor. Plus, my dealer gives me a free loaner car that I had for over a week while these repairs were made, saving me $$$ for a rental car. The cost to me: $50 deductible. Just in parts alone what I paid for the BMW warranty has been half recovered. Needless to say, I highly recommend the BMW warranty. :thumbup:
By the way, my X5 is an '02 with just under 56K miles.
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