Warranty renewal 35is

[Busterboo]

Oh, then you must have comprehensive statistics to share, I assume?
Actuarially, there is no such thing as luck.
The people with negative experiences will always shout louder, particularly on the Internet, and I think it's important to share a different view. It doesn't need to become a tribal thing.

Statistics? Yes. Crude ones, anyway. The rate of parts failure can be implied from BMW Insured Warranty coverage & prices.
Luck? Terminologically, you're probably right. But 'you know what I mean'.
Shout? I haven't. Only shared.
Tribal? I've spoken only from my own experience.

[tiglon]

Statistics? Yes. Crude ones, anyway. The rate of parts failure can be implied from BMW Insured Warranty coverage & prices.

So the rate of failure for a HPFP on a 2016 BMW Z4 35is is... ? Exactly, you don't know.

You would have to assume that the overall cost of works done under warranty is less than the overall warranty fees paid. Hence, actuarially, the one who is "lucky" is the one who has more paid out than they paid in. Unless, of course, BMW or the provider is subsidising the warranty and taking a loss, in which case you can't imply a rate of parts failure from warranty prices.

That doesn't mean that the warranty isn't worth taking out, it depends on your own circumstances. It does, however, mean that the warranty isn't always worth taking out - it depends on your own personal set of circumstances. I.e. whether a flat annual fee is better for you than the likelihood of a larger cost in one year, even if overall accumulative cost could be more in the long run. That's just how insurance/warranties work.

Luck? Terminologically, you're probably right. But 'you know what I mean'.

If you're going to use words like "actuarially", it's slightly ridiculous to fall back on "you know what I mean".

Shout? I haven't. Only shared.

No accusation of you shouting. It's a comment on the overall picture presented on the Internet - when the N54 is mentioned there are always responses referring to the perceived unreliability and high maintenance costs of the engine. Those people are collectively the ones who "shout loudest", and, let's be honest, your response to my post was metaphorically trying to shout me down.

Tribal? I've spoken only from my own experience

Except you haven't only spoken from your own experience, you've referred to statistics that don't seem to exist and then you've tried to discredit my experience by telling me I'm just "lucky", therefore implying that my experience does not count.

[matsmith749]

Well, as far as I'm concerned I wanted the peace of mind.

I've owned2x of these z4 35is vehicles (likely more than most) and in 4 years of ownership, neither has had any significant failure.

But.... they have twin turbos, lots of plastic engine parts, dynamic suspension, a roof that likes to throw fits as it ages, and a DTC gearbox that I never really trusted for longevity. Online the reputation is good for performance but not reliable (anecdotally).

So despite my experience being that they are spot on for reliability, I don't trust them.

Regards the 'cap' on a single visit, in my mind I reckon if a trubo fails it's £2k - £4k, gearbox is a slot in replacement (they don't try to fix) and you are looking at £8k upwards, HPFP is £2k - £3k, injectors about the same. BMW dealers aren't great for 'fixing' things, they throw parts at it.

As an owner that's under warranty, I'm actually quite happy with that approach.

Any small fix is likely to be £1k at BMW (my rattly door was over a grand, covered by warranty).

So yeh, it's cheap peace of mind & includes breakdown cover. I'm happy with that.

I've got money to pay for repairs, but regardless, the question mark over potential big bills takes the shine off running a car like the the 35is if bought used - this warranty fixes that & I can just enjoy the car.

Basicly It adds a grand to the price of the car to have it under a decent warranty for 3x years (1st year was included) - I would pay that every day.

[Johnbmwz4]

I’m on my 2nd 3.5i. The first was the DCT version and my friend bought it off me more than 5 years ago and still has it. No problems at all when I had it and the only thing that’s failed on it in his time is the water pump. He has no intentions of selling anytime soon and the mileage on his car is over 120K. I took the BMW warranty for my car because it was still available to do when I purchased it. I don’t think they cover cars over a certain age and mileage and I am under the impression that once it’s in place you will get the option to renew for as long as your willing to pay the renewal. I was surprised at how cheap it was , especially for the 2nd year. I will keep the warranty in place as long as I own this car. When I come to sell the car having the warranty in place has got to be a good thing right?My other car is a Range Rover Sport , 2015 year with 47k on the clock and Land Rover won’t even cover it on their extended warranty policy. They obviously don’t trust their own products………

[Silverstar]

Regards the 'cap' on a single visit, in my mind I reckon if a trubo fails it's £2k - £4k, gearbox is a slot in replacement (they don't try to fix) and you are looking at £8k upwards, HPFP is £2k - £3k, injectors about the same. BMW dealers aren't great for 'fixing' things, they throw parts at it.

Those prices are stealership prices and as you say they tend to throw away rather than fix. The reality is alot of those repairs can be done for much much less, like my mate when his 520d's chain went, from getting quoted silly money around 3.5k (more than the car was worth) to in the end getting it done all in £1500. But I understand your point for peace of mind and for what little BMW charge for their warranties, it's no bad thing.

[ronk]

.

[ronk]

I gamble each year and take the £422 with the £250 excess
As it includes a £65 breakdown cover it’s not a silly price

Fortunately I haven’t had to use policy on the 35is but when I had use my 335 policy, the BMW assistance fella was out to my house within an hour, he arranged a dealer appointment and hire car for the next day.

[Chippie]

But it's important to remember that, actuarially, you are lucky.

But that is the point I was making. When you consider what BMW are charging for their warranties for this car it shows that actuarially the vast majority don't give problems as otherwise the costs would be much higher or even covered refused. I was very surprised by the low prices quoted to the OP given what we hear about this engine, I suppose it's not a lot of money for peace of mind but I don't see any single major repair on this car exceeding 2k (take it to a good mechanic not the stealerships or expensive independent specialists) for that reason I wouldn't bother with the warranty and would just keep 3k or so in the bank for any eventualities.

I have exactly the same sentiment

[ronk]

Do you pay for any Breakdown/Recovery services?

[matsmith749]

Breakdown / recovery is included in the warranty.

[ronk]

Breakdown / recovery is included in the warranty.

I have the warranty and appreciate the breakdown/recovery element - I probably didn’t make it clear tho. - my question was directed to the folk who put money away Incase of failure!

[Nictrix]

I’m on my 2nd 3.5i. The first was the DCT version and my friend bought it off me more than 5 years ago and still has it. No problems at all when I had it and the only thing that’s failed on it in his time is the water pump. He has no intentions of selling anytime soon and the mileage on his car is over 120K. I took the BMW warranty for my car because it was still available to do when I purchased it. I don’t think they cover cars over a certain age and mileage and I am under the impression that once it’s in place you will get the option to renew for as long as your willing to pay the renewal. I was surprised at how cheap it was , especially for the 2nd year. I will keep the warranty in place as long as I own this car. When I come to sell the car having the warranty in place has got to be a good thing right?My other car is a Range Rover Sport , 2015 year with 47k on the clock and Land Rover won’t even cover it on their extended warranty policy. They obviously don’t trust their own products………

You would think that after owning 2 of these you would know they were not 3.5s

[Silverstar]

Breakdown / recovery is included in the warranty.

I have the warranty and appreciate the breakdown/recovery element - I probably didn’t make it clear tho. - my question was directed to the folk who put money away Incase of failure!

I am in Spain, here you get breakdown cover with your insurance. In the UK I think you can get full breakdown cover for around £150?

[Johnbmwz4]

I’m on my 2nd 3.5i. The first was the DCT version and my friend bought it off me more than 5 years ago and still has it. No problems at all when I had it and the only thing that’s failed on it in his time is the water pump. He has no intentions of selling anytime soon and the mileage on his car is over 120K. I took the BMW warranty for my car because it was still available to do when I purchased it. I don’t think they cover cars over a certain age and mileage and I am under the impression that once it’s in place you will get the option to renew for as long as your willing to pay the renewal. I was surprised at how cheap it was , especially for the 2nd year. I will keep the warranty in place as long as I own this car. When I come to sell the car having the warranty in place has got to be a good thing right?My other car is a Range Rover Sport , 2015 year with 47k on the clock and Land Rover won’t even cover it on their extended warranty policy. They obviously don’t trust their own products………

You would think that after owning 2 of these you would know they were not 3.5s

Almost the same car with a bit less to go wrong…….

[mcbutler]

I had a rattly door that they fixed under warranty - nothing enginey or gearboxey

I had no issues with my previous 35is either, but it's just not the kind of car I want to own without a warranty covering my ass.

Feels like a complex car, with stressed components that might break & be bloody expensive when they do.

Peace of mind.

I wouldn't trust any of the 3rd party warranties TBH, feels to me like the BMW one is a bit more bulletproof (if only in my mind). I paid extra in the first place to buy BMW approved for the same reason.

Warranty direct did a far better deal for me, I got three years with zero excess and total cover including worn items and MOT fail items (not tyres and pads etc obviously).
I paid £1100 for 3 years and they paid me literally thousands back, new media screen £2600 - New Radiatr - New blower motoer - 6 new s!@ BMW injectors - DCT pan/oil/filters - sump gasket and more. No questions asked all claims paid fully and quickly.
No wiggling because you have put 'uprated springs' or 'uprated pads' in the car like BMW will definetely do...
AND work NOT done by BMW but by a highly rated local indy so I know its done properly....