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Extended maintenance contract
My 2003 X5 has 46,000 miles. I am thinking about buying the extended maintenance contract but have some doubts. I will get two more oil changes but it seems like a poor investment unless I need a brake job. I can do the oil changes myself. I'm concerned that BMW will stretch the brake wear condition as acceptable until the contract expires. Any thoughts?
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Imo, the Ext Maint program will be a close push for itself with an oil change and brake job. At 46K, you are bumping the ceiling, brake
wear-wise, I'd guess. Even my barely adequate Stlr didn't bat any eye when I needed new brakes, with just miles to go on my one year ExtMaint deal. You might look at a one year deal, about 1200 bucks, if you shop hard... With all that said, you do raise a decent point/consideration: for "only" brake pads and rotors, you might find a good indie for that and, save a few quid by skipping it. A warranty-less X5, however, might be a different consideration, if you are keeping the car another couple-three years. GL,mD |
I don't know this to be fact, but I believe the dealer still gets paid for warranty work - by BMW, so the dealer should not hesitate to do it. Anyone know for sure?
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You are basically paying for a brake job in advance--ask your rep--that is the way they advertise it. You get some peace of mind, oil changes, free loaners, no hassels, etc. They also know what makes your car run like new, in my opinion. That is worth the money. . .
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Thanks for all your input. I am going to purchase both the extended maintenance contract and the warranty. $4,200 for both less $300 discount for buying at the same time.
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Umm, you're forgetting the 60K and 90K maintenance on the ride. Way more then the cost of the maintenance agreement.
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Thankis. I am aware of these service intervals and am now going to buy the maintenance agreement as well as the extended warranty.
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That's what I did :thumbup:
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Both my Maintenance and Warranty will run out by april of this year and I also have been contemplating on getting both warranties. Is $4,200 a fixed price for all states or is it more expensive here in the LA, Cali area?
Anyone here in LA know of a good dealer or a 3rd party company that gives good deals on warranty for the X5? Your input would be greatly appreciated! TIA :thumbup: |
I am writing from OKC. For my 2004 4.4 sport, I was quoted $3,875 for the warranty and $1.495 for the maintenance. I have no other options in terms of BMW dealers in OK because the same man owns the BMW dealer in Tulsa.
Are there any options open to me that would bring the price down and give the same coverage? |
Try Warranty Direct for a quote...it isn't BMW,
but it's decent coverage. That $3875 is equiv to almost $2Gs per year for the two yr run of the ext warr. The Maint. quote is reasonable, esp if you cop some brakes, etc from it, I suppose. Both Ext Warr and Ext Maint used to be shoppable via non-local stlrs, but most want to "run your key" before signing you up. Both products have become very pricey, imo. Another margin builder for the Stlrs, as I am certain the actuarials have been amassed and run by BMW Mutha, with more cars and time under their number crunching belts. GL,mD |
Just make sure that its with BMW and not a third party provider.
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I bought mine from the dealer
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I was afraid of that...but I definitely agree that getting the warranty from the dealer eliminates the headache of getting any warranty done since it is from them originally and not from a third party company. :rippedoff |
I'm not pumping Warranty Direct; I do have their ext. warranty but,
have not yet had to use it. SuperGreg, a well known Mod & Member here, has used his WD coverage with success and satisfaction... I realize that 3rd party warranties have been rapped and most of the previous companies were dead beats/no pays/and have gone bk. Thus far, WD hangs on and seems legit. My only point is that the BMW Ext Warr. is pricey, only 2 years worth of coverage and is identical to CPO coverage which is not the same coverage one has enjoyed under the oem warranty; that is rarely made clear or understood, by the potential buyer. I don't care what one gets; my admonition is only to: -go into BMW's deal realizing the cost, short time period and real coverage. -at least let WD do a quote for you and read their coverage details. Then, you can make a reasonable decision. I have zero connection with WD, other than having one. If BMW had had their deal when I booked my Ext Warr. with WD, I still think I would have preferred WD's longer time frame, more thorough coverage and, better price. But, diff'n strokes. GL,mD |
Hey Guys,
I went online right after reading this post and tried to get a quote from Warranty Direct and this is what I got.... https://www.warrantydirect.com/Calif...es/im_logo.gifhttps://www.warrantydirect.com/Calif...im_tagline.gif We have temporarily discontinued sales of our MBI Program in California while our MBI Insurer undergoes an audit. Upon completion we will be back offering Mechanical Breakdown Insurance to our California Customers. If you have a current quote, please contact your representative before December 15, 2006 to complete your purchase. So I guess they don't offer it anymore. That is for the Maintenance Warranty right? What about the Extended Warranty? |
Extended Warranties.
My original warranty expired on my 2001 BMW X5. What I did
was check online, and I ended up with a company named Warranty Direct and I purchased a 48 month plan and the one that covered just about everything with NO deductible. It was much cheaper than the one offered by BMW. To date, it has more than paid for itself, as I did need to use it a few times. Warranty Direct did end up paying for everything. Some service advisors may not like dealing with these outside warranty companies because it may mean more phone calls, paperwork, and negotiating, etc., but as far as I am concerned the company did pay up and that is all that matters, right? (I had the sun roof mechanism replaced $1600. worth of service, Left front CV Joint Boot, which is very unusual, $400 worth of service, Heater Blower Resister $200 or so) - the total savings has already paid for the cost of the warranty and I still have about two more years to go on this warranty!) Just be sure to check out the company you go with. I can only speak from my experience and I am not insuring that you will have the same good outcome. |
So since WD doesn't take any new California Extended Warranty contracts, can someone recommend alternatives other than the stlr?
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LOuis, there is no 48 months plan on WD ITS 13, 25 OR 37. I have a 2002 x5 with 6000 miles. wish one do you thing will be best for me? right now my dealer is offering 4 year 40000miles for $3300 with $200 deductiable. Is this a good deal or should i go with WD PLAN?
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