BMW Insured Warranty?

srhutch said:
Nope, BMW replaced both mine when only one had failed on my old 2.5Si.
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I was only quoting what the Service Advisor told me - then again, BMW Main Dealer Service Advisors probably rank somewhere well below politicians when it comes to telling the truth!

(I remember the good old days, when you used to be able to talk to the mechanic who had actually worked on your car, rather than somebody in a suit who has no better idea than you do whether "damp" means a couple of drops of oil or a major leak, or whether "worn brake pads" means that you still have 4mm left, or are just about down to the metal...)
 
An insured warranty is a gamble by the insurance company .
The prices quoted are the same as the odds made by a bookmaker.
At the prices quoted they are gambling with proven odds that there won't be a claim.

If you are disciplined enough to put the monthly premium into the bank you'll be statistically ahead on the deal.
 
Not on my Z4M, but had it on my 335i, paid out for a rattly back box, cam shelf bearings and a vanos unit.

Will take one out on the 530d when the AUC warranty runs out.
 
Just used my warranty again today. Turned out the and hydraulic pump had failed on my car.. Car booked in, had a new 3 series for a week and all I had to pay was the £100 excess. BMW told me that the pump was £1700 alone...

So on top of the 2 lambda sensors, gear box input shaft seal, clutch, idler pulley & alternator I've certainly had my money worth out of my warranty!

In other news, reading on this forum and speaking to bmw these ABS pump failures seen to be getting pretty common on the z4?
 
Yes they have even paid out for springs... Best warranty ever, however I understand it has to be continuous after the manufactures 3 years runs out
 
M9OWR said:
Yes they have even paid out for springs... Best warranty ever, however I understand it has to be continuous after the manufactures 3 years runs out
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No, it is possible to reinstate although some conditions may have to be met.
 
I wouldn't be without it on my E89 35i. lots of things to go wrong. In fact earlier this year investigation and replacement of leaking injectors. £3k odd! All paid for by them except the £100 excess which i was pleased to pay.
 
ronk said:
Do you know what conditions please?
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They may ask for a service to be carried out immediately depending on history. Not sure how long before you can claim also, believe it's 30 days.
 
dario said:
I wouldn't be without it on my E89 35i. lots of things to go wrong. In fact earlier this year investigation and replacement of leaking injectors. £3k odd! All paid for by them except the £100 excess which i was pleased to pay.
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+1 Didn't know you'd had you Injectors changed as well Dario.
Same as you I just had the excess to pay.
 
Look at the price of the warranty plus the excess - the premium plus the higher excess was the lower total cost for me ( if making one claim per annum)
 
A good topic, I'm coming up to 3 years of ///M ownership and I think I will be taking out insurance again when it expires. I could of course bank the money and use savings but with other stuff going on in my life that I want to allocate that banked money to i.e. flat renovations I think it's a smart move.

I'm not useless with a spanner but I'm a bit loathed to mess with a specialized performance car without proper documentation or backing. I changed the battery with the help of folks on this forum and the money I saved on BMW labour I invested in a decent tool kit (I need to sling some money into the forum money pot).

Having said that though, in the years so far I've had the car I've not had any major issues... stop the insured warranty and sods law will ensure I'll get some hefty bills!
 
Having just bought a Z4 coupe, I have been mulling over getting a warranty but am still not sure. I can have the comprehensive cover for £34 a month without the breakdown recovery ( got this separately with a different company). On the one hand, this car seems pretty reliable from all the research I've done but the flip side is that when things do go wrong, they seem to be very costly. Not sure what to do.
 
I'm sure if you are disciplined enough to put the money away each month you'd be ahead on the deal - that's what the insurers do - they need more cash in than they pay out. It's just the common law of business - they also have overheads to pay from the premiums we pay.
Like Dirty Harry said , " Do you feel lucky"?
 
jimbo1958 said:
dario said:
I wouldn't be without it on my E89 35i. lots of things to go wrong. In fact earlier this year investigation and replacement of leaking injectors. £3k odd! All paid for by them except the £100 excess which i was pleased to pay.
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+1 Didn't know you'd had you Injectors changed as well Dario.
Same as you I just had the excess to pay.
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Yep, i was plagued by poor starting (lumpy as buggery for 5 odd seconds) for months. Eventually i had to do the research and advised them what the problem might be. But this was after a few investigations where they changed a couple of coils out and charged me the £100 excess.

To be fair to them, they waved the second £100 excess as it was (in my words down to their inability to diagnose a fault that was not evident on the computer).
 
Benji26 said:
Having just bought a Z4 coupe, I have been mulling over getting a warranty but am still not sure. I can have the comprehensive cover for £34 a month without the breakdown recovery ( got this separately with a different company). On the one hand, this car seems pretty reliable from all the research I've done but the flip side is that when things do go wrong, they seem to be very costly. Not sure what to do.
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I had the same dilema 3 years ago. But when I think about it the £400 odd a year that you would 'save' will get swallowed up very easily of something did go wrong. I guess I've spent £1200ish over the the years but I'm sure I've claimed at least £3k maybe even £4k

For me it was peace of mind, my coupe is my daily so at least I don't need to worry and I know that if something does fail I'll get a courtesy car etc which is a life saver for me.
 
It looks like this has been covered loads already. I pay £50 a month plus £100 excess for warranty and breakdown cover. I had the hydro unit for the DSC go last week. Cost me £100 to get it sorted, I had a courtesy car from enterprise for four days and BMW just managed everything for me. I was told that if I had to pay for the repair the stealers would have charged for £1500. The warranty is worth every penny!
 
speed12 said:
Benji26 said:
Having just bought a Z4 coupe, I have been mulling over getting a warranty but am still not sure. I can have the comprehensive cover for £34 a month without the breakdown recovery ( got this separately with a different company). On the one hand, this car seems pretty reliable from all the research I've done but the flip side is that when things do go wrong, they seem to be very costly. Not sure what to do.
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I had the same dilema 3 years ago. But when I think about it the £400 odd a year that you would 'save' will get swallowed up very easily of something did go wrong. I guess I've spent £1200ish over the the years but I'm sure I've claimed at least £3k maybe even £4k

For me it was peace of mind, my coupe is my daily so at least I don't need to worry and I know that if something does fail I'll get a courtesy car etc which is a life saver for me.
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I'm thinking the same thing myself to be honest. Having only just bought the car, if something big goes wrong soon I'm pretty screwed. I save about £150 a month for things like holidays etc. I don't fancy that being depleted with a big car bill. I think I will divert £35 a month from that and take the warranty just for peace of mind.
 
Have prices gone up? I'm being offered comprehensive with £100 excess for about £83/month on a Coupe with 65000 miles using the bmw-warranty.co.uk website.
 
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