So the cars 3 year warranty runs out on 16th June 2023. I’ve received a letter from bmw insurance and they are offering a years extra warranty which includes failure due to wear and tear on covered components (not looked at what they are yet) (cars done 40,000 miles) up to 100,000 miles, this also includes the roadside assistance for £707. Has anyone else taken this out or know of any better deals. I’m kinda thinking it might be worth it as it would be less hassle from bmw then a different company. My wife definitely wants the road side assist which is £156 from bmw. She has had to use it before and it’s just easier and less stressful then any other road side assist she has had before, also the car seems to have a phone signal when her phone doesn’t. Just wondering what everyone one else has done. It is my wife’s daily so it does get some miles clocked up on it.
Bmw extended warranty
- Thread starter Ledg
- Start date
I found that my ex employers life insurance of which I am still a member has roadside RAC assistance included as a perk.
Some banks or life insurances include such perks as part of the package. Maybe worth checking this avenue out first if that is what is important rather than the warranty.
Some banks or life insurances include such perks as part of the package. Maybe worth checking this avenue out first if that is what is important rather than the warranty.
To be fair I’ve more or less convinced myself already it’s worth it. In 3 years the car has had a new main digital display ( can’t remember what they said the price of that was, but a stupid amount I’m sure). 4 electric mirrors at apparently £1000 each time, and it’s having its last warranty job next week which is a new transmission sump that’s leaking. (£1200).
Right. I can only tell you my personal experience on my previous zed (e89). Needed a new gearbox which the part alone was 3k. No idea what the labour was to replace it.
Some people say the warranty is a waste of money, but for me it’s essential.
I like the breakdown too as they have to take it to bmw and you get a loan car.
If you want to reduce the cost, you can add a £150 excess.
Obviously if you don’t claim it’s a waste of money, but I feel it’s peace of mind knowing you aren’t going to get a bill that you can’t afford to pay or that will really hurt you.
As for third party warranty……again some people swear by them. I’ve had the experience where they are vague about if they are going to pay out. With bmw it’s all handled by the dealership.
What I haven’t seen is this including wear and tear? Surely that can’t include pads and discs?
Some people say the warranty is a waste of money, but for me it’s essential.
I like the breakdown too as they have to take it to bmw and you get a loan car.
If you want to reduce the cost, you can add a £150 excess.
Obviously if you don’t claim it’s a waste of money, but I feel it’s peace of mind knowing you aren’t going to get a bill that you can’t afford to pay or that will really hurt you.
As for third party warranty……again some people swear by them. I’ve had the experience where they are vague about if they are going to pay out. With bmw it’s all handled by the dealership.
What I haven’t seen is this including wear and tear? Surely that can’t include pads and discs?
Entirely up to your own view on the risk profile.
I wouldn't touch a warranty with a bargepole, I'd prefer to self-insure because in my view the only reason these warranties are offered is because they make money for the manufacturer. Have a very close look at the list of exclusions before pushing the button would be my advice.
I wouldn't touch a warranty with a bargepole, I'd prefer to self-insure because in my view the only reason these warranties are offered is because they make money for the manufacturer. Have a very close look at the list of exclusions before pushing the button would be my advice.
Scubaregs said:
Of course you are correct. It is also a method of subsiding the car and dealers.
My view on warranty in general is like insurance. If I can’t afford to replace it or fix it without worry then I insure.
With car bills being what they are, I can’t risk a 5k repair bill.
Ed Doe said:
Of course if you can afford to take that risk then statistically you are correct.
However, when my gearbox needed changing on 35is. The part alone was over 3k. Probably a 5k bill.
As far as I’m concerned I am very much quids in.
With extended warranty on my 35 and 35is. I had tail lights replaced, engine top mounts, brake callipers and loads of stuff I can’t remember. That’s on top of a gearbox!
How much was the warranty over the period of ownership and how much (if any) excess did you pay per claim?
I'm only asking because I'm curious to understand if bmw amortise the cost of the low probability high claim case such as yours across a premium hike, excess charges or by spreading the cost amongst the thousands of other customers who don't end up claiming!
I'm only asking because I'm curious to understand if bmw amortise the cost of the low probability high claim case such as yours across a premium hike, excess charges or by spreading the cost amongst the thousands of other customers who don't end up claiming!
Ed Doe said:
I always had 0 excess and didn’t take the breakdown cover as I had it with my bank.
So my annual bill was around £400 a year at the time and my total claims on one car alone was around 12k. I only know this as I had a long issue afterwards with bmw and eventually got a huge discount on a new car because of the issues I had with it. (Basically they couldn’t fix it).
This was 8 years ago I think.
Not sure what the g29 is like to extend warranty. I assume around £600 without breakdown. We shall see in a year or so.
I’ve just renewed my BMW comprehensive warranty and include comprehensive European Breakdown at a cost of £440 till June 2024. I simply view it as an insurance policy that will cover the unexpected. Gives me peace of mind and allows me to enjoy my Euro Tours more (Pyrenees trip for the Tour de France coming up early July 
) plus, it’s transferable to a new owner if I decide it’s time for a change (can’t think why I would though) so attractive for any potential buyers. Hopefully I’ll never need to use it but who knows!
) plus, it’s transferable to a new owner if I decide it’s time for a change (can’t think why I would though) so attractive for any potential buyers. Hopefully I’ll never need to use it but who knows!This has been an eye-opening thread. I had looked at a third party warranty but was quoted £2200 for 3 years which seemed expensive. Given what I've read here I just got a quote for the BMW warranty and for my car it's £452 per year with a £250 excess. That looks like a no brainer for peace of mind. However I did notice that the roof mechanism isn't covered.