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

D

Dazza4

Member
 North Hampshire
Recently acquired a 35is through the forum.

Anyone had any recent experience of the BMW insured warranty - worth it?

Part of me says yes and the other part says just save the money as they will try to wriggle out of the work on a technicality. Mate had an M3CS and not a great experience as wouldn’t pay (long story). One persons view I know.

Welcome any feedback.

Cheers
 
Dazza4 said:
Recently acquired a 35is through the forum.

Anyone had any recent experience of the BMW insured warranty - worth it?

Part of me says yes and the other part says just save the money as they will try to wriggle out of the work on a technicality. Mate had an M3CS and not a great experience as wouldn’t pay (long story). On persons view I know.

Welcome any feedback.

Cheers
Click to expand...
I’ve recently acquired a 3.5i and have taken the bmw extended warranty out. More for peace of mind for me as a lot can go wrong with these cars. I was quite happy with the price too compared with Warranty wise or Warranty direct. It’s always a gamble with any warranty wether or not they will pay the claim or not but one things for sure I’d rather have one for what it cost like I say just for peace of mind. Is your car the red one that was for sale a few weeks ago?
 
I had a 3.5is for a couple of years and fortunately had no problems. But they are complex pieces of machinery and repairs are expensive. The BMW warranty was just over £500 pa. Thinking about repair costs. You don’t get a lot done for £500. So I think it’s a real gamble not to take out a warranty on cars like these. I wouldn’t hesitate.
 
Johnbmwz4 said:
Dazza4 said:
Recently acquired a 35is through the forum.

Anyone had any recent experience of the BMW insured warranty - worth it?

Part of me says yes and the other part says just save the money as they will try to wriggle out of the work on a technicality. Mate had an M3CS and not a great experience as wouldn’t pay (long story). On persons view I know.

Welcome any feedback.

Cheers
Click to expand...
I’ve recently acquired a 3.5i and have taken the bmw extended warranty out. More for peace of mind for me as a lot can go wrong with these cars. I was quite happy with the price too compared with Warranty wise or Warranty direct. It’s always a gamble with any warranty wether or not they will pay the claim or not but one things for sure I’d rather have one for what it cost like I say just for peace of mind. Is your car the red one that was for sale a few weeks ago?
Click to expand...


I know what you mean and you’re probably right. Yep, the Melbourne Red one, if that’s the one you’re thinking of.
 
IRD said:
I had a 3.5is for a couple of years and fortunately had no problems. But they are complex pieces of machinery and repairs are expensive. The BMW warranty was just over £500 pa. Thinking about repair costs. You don’t get a lot done for £500. So I think it’s a real gamble not to take out a warranty on cars like these. I wouldn’t hesitate.
Click to expand...

It’s coming up £769 with £250 excess. Over a grand (ouch) with £100 excess - seems expensive.
 
Dazza4 said:
IRD said:
I had a 3.5is for a couple of years and fortunately had no problems. But they are complex pieces of machinery and repairs are expensive. The BMW warranty was just over £500 pa. Thinking about repair costs. You don’t get a lot done for £500. So I think it’s a real gamble not to take out a warranty on cars like these. I wouldn’t hesitate.
Click to expand...

It’s coming up £769 with £250 excess. Over a grand (ouch) with £100 excess - seems expensive.
Click to expand...
My warranty was £457 with £250 excess and £620 with £100 excess. I went with the more expensive one. My car is 2013 with £38k o the clock. I think it is based on mileage. The other warranty companies wanted around £1000 per year with £250 excess
 
Dazza4 said:
Johnbmwz4 said:
Dazza4 said:
Recently acquired a 35is through the forum.

Anyone had any recent experience of the BMW insured warranty - worth it?

Part of me says yes and the other part says just save the money as they will try to wriggle out of the work on a technicality. Mate had an M3CS and not a great experience as wouldn’t pay (long story). On persons view I know.

Welcome any feedback.

Cheers
Click to expand...
I’ve recently acquired a 3.5i and have taken the bmw extended warranty out. More for peace of mind for me as a lot can go wrong with these cars. I was quite happy with the price too compared with Warranty wise or Warranty direct. It’s always a gamble with any warranty wether or not they will pay the claim or not but one things for sure I’d rather have one for what it cost like I say just for peace of mind. Is your car the red one that was for sale a few weeks ago?
Click to expand...


I know what you mean and you’re probably right. Yep, the Melbourne Red one, if that’s the one you’re thinking of.
Click to expand...
Yep that’s the one. If I hadn’t bought mine a couple of weeks before it came up for sale I would have certainly gone for a viewing. Looks like a greet car
 
Johnbmwz4 said:
Dazza4 said:
IRD said:
I had a 3.5is for a couple of years and fortunately had no problems. But they are complex pieces of machinery and repairs are expensive. The BMW warranty was just over £500 pa. Thinking about repair costs. You don’t get a lot done for £500. So I think it’s a real gamble not to take out a warranty on cars like these. I wouldn’t hesitate.
Click to expand...

It’s coming up £769 with £250 excess. Over a grand (ouch) with £100 excess - seems expensive.
Click to expand...
My warranty was £457 with £250 excess and £620 with £100 excess. I went with the more expensive one. My car is 2013 with £38k o the clock. I think it is based on mileage. The other warranty companies wanted around £1000 per year with £250 excess
Click to expand...

Makes sense, cheers for that.
 
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
 
The guy I bought the car from didn’t extend the warranty when he had the car. I had to organize it myself. Very easy to do online with BMW but you have to wait 1 month before any claim. So basically you sign up for the warranty but it doesn’t start until the month after.
 
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.
 
Mine needed new adaptive suspension last mot, which would have been very expensive to replace. Fortunatley it only cost me my 100 excess. IMHO its definitely worth it, there are a large number of expensive things that can go wrong and its piece of mind.
 
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.
 
Stuartt said:
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
Click to expand...

Cheers :thumbsup:
 
Pondrew said:
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.
Click to expand...

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…
 
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. :thumbsup:
 
Dazza4 said:
Pondrew said:
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.
Click to expand...

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…
Click to expand...

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
 
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