Originally Posted by BMWvoid (Post 729611)

My BMW dealership in Los Angeles sells an extended warranty product from Zurich. Has anyone considered this product? I am now in the CPO portion of the warranty in my 2006 X5, and anticipate having around 55,000 miles when it comes to an end. I would like to keep this car for a couple of more years. So, an extended warranty is something I would consider purchasing.

Originally Posted by ArmyOfficer (Post 690980)

Hey everyone, been watching the site for a bit now, just purchased a pre-owned 06 X5. I have been searching and searching for a warranty. Does anyone have the COST on the BMW Ext Warrantys? This is the pricing I have from the dealership (veh has 33k and another 9 months left on the factory warranty):

BMW EVP GOLD 84 Months/ 70,000 miles = $4,120
BMW EVP GOLD 84 Months/ 100,000 miles = $4,770

Aftermarket would be the other alternative, however, I think the $1,000 difference is worth having the BMW coverage. Especially after researching all these aftermarket warranty companies online and with the BBB...Not So Good...

The Finance Manager told me she didn't have enough room to move, maybe $50 discount on either plan...Anyone know exactly where dealers stand? I found the MSRP sheets on sbautogroup but that's all I can find.

Thanks Everyone!!!

Johnny

Originally Posted by rastaFarai (Post 632888)

So an update on my extended Platinum Fidelity Warranty purchased from Rallye BMW in Long Island NY.

Went in today for my first warranty work. My folding mirrors. Was a bit nervous to see if they would do it - but i figured might as well test them out on something that I could actually do myself.

So BMW diagnosed the issue and said the passenger side mirror motor needed to be replaced. $624 for parts. 3hrs labor at $130/hr. Although it would take me 1 hr to replace motor..

So Fidelity covered it. Only thing they didn't cover was the full 1hr diagnose fee of $130, they only covered half an hr.

The catch is that it didnt fix my folding mirror problem - it just fixed my mirror motor so the mirror goes down when i reverse and doesn't get stuck anymore. Total $920.

I only paid $70 out of pocket because fidelity didn't cover the other 30 min diagnose time. 0 deductible because i went to Rallye where i bought it.

So next step with mirror folding issue is the other motor (drivers side) needs to get replaced because it comes to far in so it folds back out. Because the service will be over $1000 fidelity needs to send an "inspector" out. I didnt see that fine print. So that will be next week because I want my car for the weekend.

So as of right now i'm pleasantly surprised and extremely happy with my fidelity extended warranty. Again - always be mindful of the warranty you buy and don't complain about it if you didnt read the fine print. I purchased the platinum because it made sense with the low mileage i had.

Anyone know how these extended warranty companies make $? They couldnt have spent $850 on my behalf. Seems crazy considering I paid $2600 total for 5 yrs. Is it all in the science of probability and risk assessments?

Originally Posted by X5 Meister (Post 725131)

So whatever happened to the driver's side mirror problem?

Originally Posted by X5 Meister (Post 729851)

How does the billing work? Does Rallye bill Fidelity directly or do you pay the Rallye bill and get reimbursed from Fidelity?

BTW, I don't know what the hell they replaced for $624. The right mirror motor repair kit is 67-13-8-381-998 and retails for $197.60 and there is no way that is a 3 hour job, but even if it was it seems like it cost at least double of what it should have cost.

Originally Posted by rastaFarai (Post 730356)

Rallye bills fidelity directly and fidelity pays via their credit card or something. i agree - 3 hrs is crazy. also diagnose fee is crazy. but that is between bmw and fidelity. 1.5 hr diagnose fee? i could have told them what was wrong in 10 minutes. that's what i hate about dealer. regardless Fidelity even paid the diagnose fee but said they'd only pay a portion. so i came out of pocket $70 total for entire job. no deductible since i was at "home" dealer where i purchased warranty.

Originally Posted by X5 Meister (Post 729348)

BMW updated the Extended Maintenance Program information effective 3/2010 (from June 2009). The reason for this is to update the eligible models and pricing to include Model Year 2011 cars (now covering vehicles between 2004 and 2011). Note that the pricing has not increased from the July 1, 2009 update. (My guess is that the next pricing change (increase) will happen in June 2010 to take effect July 1, 2010. So if you are pondering buying into this program you probably have less than 3 months to get in on the current pricing)

Attached is SIB 010307 which discusses the program in detail and outlines all the costs. Again, contact Mr. Ryan Lee (478-757-7000) Finance Department Business Manager at BMW of Macon for the best price. For Xoutpost members he will charge just $100 over dealer cost. You will not find a better price anywhere.

For more information on the program and what is included see here:
BMW North America

Originally Posted by erdoran (Post 732224)

Thank you for posting these pdfs! Is the one for the extended warranty retail price or dealer cost? My guess is that this is MSRP. Any ideas about dealer cost? thanks!

Originally Posted by X5 Meister (Post 729654)

What did you eventually decide on? I don't know the dealer cost of the extended warranties, but the GOLD 84 month/100,000 you were quoted for $4430 seemed pretty good as the MSRP on it was $5070.