I know it’s been discussed but… BMW insured warranty for 35is - yes or no?

[Dazza4]

When I bought mine the guy renewed the warranty in my name and I’ve kept it up since.

Used it once for an active shock leak and a micro switch on the roof, no problems at all just paid the £250 excess.

It’s worth every penny if you ask me.

Stuart

Cheers

[Dazza4]

I have a couple of questions about this warranty lark:

After the first year, does the premium go down if you haven't claimed (like a NCB), or up because the mileage is higher and the car is older?

I presume at some age or mileage they will refuse to cover the car, as the risk is too high. Is this the case and if so, when?

Do you pay the full excess no matter what the claim is for? I'm thinking about roof microswitches, these ae £16 each retail and take about an hour to fit.

Good questions. I bet you don’t get a discount if there is no claim in a 12 month period. As you say, mileage goes up…

[Zforbes]

For me it's a no...

All depends how competent you are with fault finding and fixing minor faults yourself. The vast majority of parts on any E89's are the same, the 35is is a bit more complex but major problems are generic imo.

Saying that, if you get the type of expensive failure like the shockers then you my win on overall costs.

Don't forget though any kind of insurance always earns more than it pays, that is their business.

If you're the type that uses main stealers for an issues you have then probably worth paying the premium.

[ori]

I always had a warranty from bmw. I think they are well worth it.

[Stuartt]

I have a couple of questions about this warranty lark:

After the first year, does the premium go down if you haven't claimed (like a NCB), or up because the mileage is higher and the car is older?

I presume at some age or mileage they will refuse to cover the car, as the risk is too high. Is this the case and if so, when?

Do you pay the full excess no matter what the claim is for? I'm thinking about roof microswitches, these ae £16 each retail and take about an hour to fit.

Good questions. I bet you don’t get a discount if there is no claim in a 12 month period. As you say, mileage goes up…

Mine didn’t go up after the first claim and has stayed the same for the last two years. I’m on 57k miles and bought on 50k
I’m expecting a big rise when I hit 60k

Stuart

[mcbutler]

I took a 3 year full warranty no excess with warranty direct 3 years ago for £1100 (for 3 years).
It expires 16th June (3 days) and I am in to them for nearly £8500! The car is also going in today for a new radiator and heater blower motor as well as a water pump check as it is buzzing a bit.
The rad and fan motor alone are £900 with fitting - easy DIY if you needed to but still expensive.
So I would say yes to a warranty, BMW is your only option if your car is over ten years old regardless..

[Dazza4]

Any warranty is a gamble over money paid in and claims paid out, If you can afford a £2000 bill then it may be worth not having the warranty, if you can’t then the warranty will give you piece of mind, the 35 can be expensive to run with known injector, fuel pump, water pump, etc issues, although you don’t have to use main dealer for repairs so a local independent will be cheaper plus no excess to pay on a claim. if it’s a weekend low mileage toy then you may be lucky and not spend much on it, if you’re clocking up the miles then who knows.

Cheers Chippie

[MikeZ4man]

Peace of mind really with manufacturer type warranties. I renewed mine on my 35iS in April at £440 with £100 excess. I've not had to claim (yet) but thought it worth the money compared to Porsche manufacturer warranties I've had at around £1000 (no excess) but they are bullet proof warranties and do pay out versus a Peugeot warranty I had on my Pug grocery getter at around £350 and they don't pay out unless the car has completely failed and the part has fallen off!

[9designs]

It’s a no from me, plus I have had to do the dampers. Which in the end I was pleased not to have the warranty. BMW wanted to charge around I think 1600 quid to fit ONE new damper, which is what they would have done under warranty. Sorry but I lost all respect for them suggesting to replace one 75k old damper. You should replace in pairs, at that age they had to be worn.
So I found a complete set in Germany, used parts company, which were as new having done one kilometre and replaced all 4 for not much more, plus I replaced rubbers and new top mounts, done at an independent.

Most of the iS is not unique, so the question is more would you pay for a warranty on a used car of any type. I like my cars to be maintained and fixed how I want, not the cheapest way a warranty company can get away with.

[B21]

It’s a no from me, plus I have had to do the dampers. Which in the end I was pleased not to have the warranty. BMW wanted to charge around I think 1600 quid to fit ONE new damper, which is what they would have done under warranty. Sorry but I lost all respect for them suggesting to replace one 75k old damper. You should replace in pairs, at that age they had to be worn.
So I found a complete set in Germany, used parts company, which were as new having done one kilometre and replaced all 4 for not much more, plus I replaced rubbers and new top mounts, done at an independent.

Most of the iS is not unique, so the question is more would you pay for a warranty on a used car of any type. I like my cars to be maintained and fixed how I want, not the cheapest way a warranty company can get away with.

If you are happy to keep your car stock and use the warranty to avoid spending on replacement parts it works great..if you want to update things when you want to do them or replace OE parts with upgraded parts then it’s not for you..

Yes E89s are mostly parts bin exercises but there are unique items, adaptive dampers, rear EFBs, tail and headlights, most if the bodywork, roof etc etc..

[Nictrix]

I took a 3 year full warranty no excess with warranty direct 3 years ago for £1100 (for 3 years).
It expires 16th June (3 days) and I am in to them for nearly £8500! The car is also going in today for a new radiator and heater blower motor as well as a water pump check as it is buzzing a bit.
The rad and fan motor alone are £900 with fitting - easy DIY if you needed to but still expensive.
So I would say yes to a warranty, BMW is your only option if your car is over ten years old regardless..

How many individual repairs has your car been in the garage for and how much did each repair cost you in excesses?
This has to be factored in for anybody to know the real cost, unless there was no excess on your warranty.

[mcbutler]

I took a 3 year full warranty no excess with warranty direct 3 years ago for £1100 (for 3 years).
It expires 16th June (3 days) and I am in to them for nearly £8500! The car is also going in today for a new radiator and heater blower motor as well as a water pump check as it is buzzing a bit.
The rad and fan motor alone are £900 with fitting - easy DIY if you needed to but still expensive.
So I would say yes to a warranty, BMW is your only option if your car is over ten years old regardless..

How many individual repairs has your car been in the garage for and how much did each repair cost you in excesses?
This has to be factored in for anybody to know the real cost, unless there was no excess on your warranty.

Hi Nic , no excess as stated in the post sir. Have not got time to go through all invoices but a shortened list would be.
DCT sump, gasket - oil - filters around £300 ish if I remember correctly.
New idrive screen - £2500
Full set of new BMW OE index 12 injectors and coding over £2k
New rad and fan blower motor £900
Several diagnostic sessions at £100 a pop
Rocker cover gasket £200ish
Etc
That warranty is hugely more expensive to buy now, a forum member got a Gupta and suggested my car was the reason for the price rise. So, on my next claim I asked how many 35i/is z4 they covered and it was only mine so I’m to blame lol.
Warranty direct have also been bought out by BNP Paribar

[SonnyA85]

For me it's a no...

All depends how competent you are with fault finding and fixing minor faults yourself. The vast majority of parts on any E89's are the same, the 35is is a bit more complex but major problems are generic imo.

Saying that, if you get the type of expensive failure like the shockers then you my win on overall costs.

Don't forget though any kind of insurance always earns more than it pays, that is their business.

If you're the type that uses main stealers for an issues you have then probably worth paying the premium.

Actually insurance companies make next to nothing from insurance.

It's an extremely competitive market with a lot of players.

They make money from investments not their customers. Their customers are just a way of raising capital for zero interest.

It's a common misconception that they are so rich and powerful because they make a lot of money from insurance but that's just smoke and mirrors. They make money off of property and markets.

[Pondrew]

Actually insurance companies make next to nothing from insurance.

They must be in the wrong business, then!
I'm getting straight on the phone to Aviva and forward your insight. I'm sure they will be grateful.

[Bombardino]

They make money off of property and markets

And the property market has done what in the last 20 years….