Need help Shopping for Extended service plan E70
 

I'm towards the end of my CPO warranty and I'm shopping for a Service Plan. I can't see owning a BMW without a warranty. I'm looking for any suggestions.

Here's what I found;

BMW CPO wrap is 12 months unlimited miles is $2450.00 $50 deduct
Interstate Assure Guard 48 month 48k miles $2800. 0 dedect
Endurance Service plan 48 month 48k miles $3800. $100 deduct

Looking for any feedback or any other companies you have used and have had great success with.

How about setting up a savings account and put away some cash
every month in anticipation of the coming need. Start with the
$2450.00 and keep adding $100.00 a month. That's what we do
and it works great.

Extended warranties are never completely clear about what they
cover and in the end never seem to cover what problems come up.
There's always the "loophole" Oh that's not in the contract.

http://www.xoutpost.com/bmw-sav-foru...take-look.html

Extended Warranties are a profit center for dealers or the Warranty company. Everything is a fight and there are always delays getting repairs or reimbursements. Perform PM and plan for your expenses, you will be happier and better off at the end of the day. Learn to DIY what you can, buy tools you need.

I NEVER get any kind of Extended Warranty for cars, electronics or appliances.. It is all a gamble, life is a gamble.

Maintain your vehicle and it should be good to you.

If you get anything, get the BMW coverage, too many of the fly by night companies go out of business.

My CPO E46 even had the extended Maintenace because the original lease holder paid for it, not sure why??? Brakes under BMW Extended Maintenace did not include rotors!!! Funny how ALL Warranty or customer pay brakes include rotors!!

So you are getting to 6 years/100k?

Was not aware of any solid plans at that point...most decent warranties start at 4/50. The latter ones seem to have more exclusions or be limited, and/or be written by fly-by-night 'companies'.

Quicksilver I appreciate your comment, unfortunately I am a seasoned BMW owner, owning many in the past 30 years. They are not as reliable as they once were. I made it a point to purchase a CPO vehicle and thankfully I did. Just last year alone, I was in a rental car over 30 days. (several different issues) and more than $10k worth of warranty work was performed. This year I have made a trip every other month to the dealership and because of this, I won't own a BMW without a warranty. They break down and they are expensive to fix.

Yes I am getting close to my 6 yr point. I had my INDY look over the Interstate Assure Guard plan. It covers what he feels is most important, gaskets and seals.
No deductible and there is no waiting period.
I was hoping for some folks that have purchased a plan to respond. I have looked up Interstate company. It is A+ rated. BMW CPO wrap is too short only 12 months. I want to keep this vehicle 4 more years.

Reading the plans will not tell you how they will interpret the plans nor how they will respond.

ALL warranty companies are 'rated A+'...these ratings are pointless.

I have only occasionaly seen people buying these 'late' policies- most are buying route 66 type plans for the end of the 5/40. (ie the equivalent of your CPO 6/100) Few seem to buy longer term plans...generally with good reason:

Interstate National Dealer Services - Car Dealers - Atlanta, GA - Reviews - Photos - Yelp

Ripoff Report | Interstate National Dealer Services, Inc. Complaint Review Uniondale, New York: 915360

https://www.glassdoor.com/Reviews/In...iews-E6189.htm

When you read these reports, understand that the list of covered parts is only a small part of the 'game'.... they can come up with many reasons WHY a failure of a covered part will not be covered.... this is the universal issue with these warranties sold for dirt cheap on 6+ year old cars.

"How about setting up a savings account and put away some cash
every month in anticipation of the coming need. Start with the
$2450.00 and keep adding $100.00 a month. That's what we do
and it works great.".....

Quicksilver .... excellent advice.

I would also add.... as the vehicle gets closer to the end of the CPO
warranty period you could take the vehicle to your Indy ...pay them the
money to go over the vehicle with a fine toothed comb, identify the issues,
then take that list to your service manager. If they balk , maybe it is time
to trade in for another CPO ? or move on. If really worried , but want to
keep the ride... use Quiksilver's idea but bump up the initial buy in.

Good luck. I personally think those extended warranties / service contracts
are loss leaders for the consumer. Especially if you are a low/moderate mileage user.

Call another dealer and see if they will beat the price you were given on the extended warranty.
There is no set price.
You can negotiate and shop around.
You can buy the warranty from any dealer.

I bought the "platinum" warranty through United Car Care when I bought my e53. It was about $5k and has been worth every penny. To date, they have covered about $8k in repairs including valve stem seals, alternator, and transfer case motor.

They did not cover a door handle carrier (considered body part), window regulator clip (though they authorized a whole regulator until the Indy thought he'd save me money by just replacing the clip), and the power steering reservoir (filter was clogged so they declared act of God).

Read the warranty carefully to see what it does and does not cover. You can probably call them and find out what they consider different parts to see whether it's worth it for you. For me, it was absolutely worth it.


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I really enjoy the ride of my 2011 X5 35d. Decided to keep the vehicle at the end of the original warranty. In the end, after looking at many of these type "plans" just decided to go with the BMW extended gold warranty, good for 7 yrs and up to 100k miles. This cost more, but will keep me on the road til the end of the warranty period. No warranty company to negotiate or argue with. BMW will fix this vehicle if and when it "breaks". No problem, be happy!

:iagree: 1000%. This is the reason i never bought an extended warranty.

Folks... many are mixing apples with warranties!

OP is looking for a plan for AFTER the CPO extended warranty.

Many are posting about an extended warranty for after the basic BMW plan. These posts are basically giving the advice to buy the same plan as he has with the CPO.

He wants something AFTER the CPO.

Advice to "go to any dealer" or "just buy the BMW plan" is silly, misguided and confusing.

The plans he is looking at- ultra long term (years and/or miles) look and feel just like the other 'real' extended warranties, but the field reports on these are poor. Do not give feedback on regular extended warratnies that the OP might confuse with the plan he is seeking.

IMO

Let me add to the discussion.

Reasonable options:

Self insure - you are familiar with this route. Most likely costly over four additional years. Bear the costs as long as you desire.

Sell it. . .

That is a decision that will be easy for me to make after driving under warranty for seven years. Will be selling it. . .

My first response was just to indicate, yea its good to have this vehicle . . . under warranty.

How is selling it saving money? The difference in car payment will probably outweigh having to pay to perform work. Selling an old car for a new one in order to save money is a false economy.

Easy answer. Selling the X5 can SAVE the OP the potential large costs of future unknown repairs. Some BMW repairs cost thousands of dollars, as WELL DOCUMENTED on this forum. Ownng and operating the X5 is a dice roll.

These are the choices we all face. In my experience owning cars has not been a money making prospect. YMMV

I am glad I followed my instincts on the purchase of an extended service contract. I am now ahead of the game. My CPO has expired and my $2800 investment has paid itself off the 1st week of coverage and 48k more miles and 48k months.
Rear main seal leak $3000 and transmission cooler line leak TBA. Deductible 0.
Own a BMW, CPO expiring, and wanting to keep the vehicle, buy an extended contract. Period!