Poll: do you have an extended warranty on your M?
- Thread starter Ninarvana
- Start date
Has anyone had a quote from warranty direct ?
I know a lot of people think they are bad but in the last 2 months they have paid out on a dual mass flywheel and then 2 injectors and a cylinder head on my 2007 95k van.
My £300 policy has paid out £3,000 for these two breakdowns.
If you do get a online quote they will reduce it further if you speak to them.
I know a lot of people think they are bad but in the last 2 months they have paid out on a dual mass flywheel and then 2 injectors and a cylinder head on my 2007 95k van.
My £300 policy has paid out £3,000 for these two breakdowns.
If you do get a online quote they will reduce it further if you speak to them.
I've got it (zero excess Comprehensive) and will be using it next week.
swanicyouth
Member
Here in the USA, when you buy a "certified pre-owned BMW" from a dealer you get a 6 year 100,000 mile warranty. The 6 years starts from the original in service date I believe.
My M Roadster is still under warranty (production late August 08) - but not for much longer.
The only thing I would really be concerned about is the exhaust tabs grenading and taking out the motor. This is a known phenomena on the E46 M3, but for some reason seems to be not to much of an issue on the E85 M. Maybe it's just because the sample size is smaller?
But, so far, I've had the car for almost 4 years and it hasn't had a single issue. None. Most repairs I do at home, so if its doable without a lift - I'm probably fixing it myself.
My M Roadster is still under warranty (production late August 08) - but not for much longer.
The only thing I would really be concerned about is the exhaust tabs grenading and taking out the motor. This is a known phenomena on the E46 M3, but for some reason seems to be not to much of an issue on the E85 M. Maybe it's just because the sample size is smaller?
But, so far, I've had the car for almost 4 years and it hasn't had a single issue. None. Most repairs I do at home, so if its doable without a lift - I'm probably fixing it myself.
Very interesting in regards to the USA policy... Over here BMW be-grudgingly give you a year only.
I'm really on the fence as to what to do... If it were £3/400 then I would just go for it but around £1000 (depending on which excess you go for/how you choose to pay etc) is a bit of a wallet biter. I won't be covering astronomical mileage but as mentioned, you are paying for 'peace of mind'. What we need is a probability chart in increments of value as to what the likelihood of a failure would be i.e what chance is there a failure could occur under £500 and what chance one could occur above that value
I'm really on the fence as to what to do... If it were £3/400 then I would just go for it but around £1000 (depending on which excess you go for/how you choose to pay etc) is a bit of a wallet biter. I won't be covering astronomical mileage but as mentioned, you are paying for 'peace of mind'. What we need is a probability chart in increments of value as to what the likelihood of a failure would be i.e what chance is there a failure could occur under £500 and what chance one could occur above that value
Couple of bits Nina. They (local stealer) think the clutch is sticking so want to investigate under warranty and I want them to investigate a lumpy idle/hesitation that has just started occurring when the car is first used after a few days of inactivity. I'm thinking coil pack/tps or idle control valve.
I think generally speaking, BMWs are pretty well made. My RS6 just threw a bunch of codes yesterday and I was bemoaning how useless and unreliable VAG cars are.
I've had the Z4M for 7 years, covered 89k miles with quite a lot of track time, and I've had zero warranty claims (or need for them). In comparison I've had 3 different Audis over 4 years, and had 8 warranty claims!
I think the Zs in particular are quite straight forward and well engineered. Depending on the price of the warranty, I would say from my experience that you'd be far better putting the equivalent money into a savings account and leaving it there in case it was needed.
I've had the Z4M for 7 years, covered 89k miles with quite a lot of track time, and I've had zero warranty claims (or need for them). In comparison I've had 3 different Audis over 4 years, and had 8 warranty claims!
I think the Zs in particular are quite straight forward and well engineered. Depending on the price of the warranty, I would say from my experience that you'd be far better putting the equivalent money into a savings account and leaving it there in case it was needed.
I've been thinking about it. I reckon I'll renew it by Direct Debit for a few months when it expires next year, just because my life often runs tightly to the rules of Murphy's Law. Haha.
But thereafter, I guess as you've all said - stash 100 a month away. As the the years go by and if nothing breaks ... Go buy a watch
(I'm pretty good at man maths)
Sent from my Nexus 5 using Tapatalk
But thereafter, I guess as you've all said - stash 100 a month away. As the the years go by and if nothing breaks ... Go buy a watch
(I'm pretty good at man maths)Sent from my Nexus 5 using Tapatalk
srhutch said:
There are no indys in Cumbria… yet its one of the biggest counties in the UK. Also I have Bateman BMW down the road which is one of the UKs best garages to look after your M car and I'm always impressed every time I go, in comparison with my experiences elsewhere.
There is one "specialist" in Maryport but when I went to see their premises I quickly walked away. Other than that the nearest one is Hexham or Preston. If the car is knackered thats 80 miles in either direction.
Im not great under the hood and have no idea what I'm doing, I bought it to drive it if it goes wrong instead of worrying about fixing it and costs it just gets sent straight to BMW they sort it and its done, that also means the car has been looked after completely by BMW for piece of mind for buyers when I sell.
In the first 2 years my car had 6 warranty claims adding up for 4k since buying the extended its had £1100 and the thing is non of it has been serious work all minor but took time to figure out what was wrong. Parts are expensive but figuring out whats wrong is also expensive in labour.
Its all well and good saying it will be fine, IMO that naive, its a car all cars break and seen as tho mine is 8 years old in December I would rather be covered for the worst. You have to be very very lucky for nothing to go wrong and as good as BMWs are not one that my family has owned in 20 years has has no work done to it.
Mine has 61k on it now and still £80pm and is the top fully insured warranty for those interested. To be able to get this you have to buy it before your warranty runs out or you will be stuck with one of the other two options.
Just to add my 2p worth and not trying to scare monger more inform of my experiences....
I bought about 6 weeks ago a Z4M. Its under BMW AUC so I am covered for just under a year. Since my very short ownership its had had 3 warranty claims. Two fairly siginificant issues and one minor. Feel free to PM to share the details, but all in all I am happy its covered and the dealership didnt make a fuss about putting things right.
Like tomscott mentions - its a car to be enjoyed and requires looking after onces it breaks.... :evil:
I bought about 6 weeks ago a Z4M. Its under BMW AUC so I am covered for just under a year. Since my very short ownership its had had 3 warranty claims. Two fairly siginificant issues and one minor. Feel free to PM to share the details, but all in all I am happy its covered and the dealership didnt make a fuss about putting things right.
Like tomscott mentions - its a car to be enjoyed and requires looking after onces it breaks.... :evil:
16k is more like 10-12k
In theory, I think your only covered for engine failure with the fully insured warranty, and to get one you have to renew your current warranty so if you buy a car privately or from a non BMW dealer you can't get it unless it currently has a BMW warranty left. You can get the 2nd and 3rd choice warranties but pretty sure engine failure isn't covered with them. They are about 1/2 the price.
You have to be very careful buying warranties from these 3rd party companies, many will only allow up to a 5-6k a claim so if its an engine the rest is on you if a full engine failure will even be covered, but if you already have FBMWSH and you don't have a warranty you can always claim for good will but IMO your better off being covered.
A good example my dad bought a platinum package warranty for his 911 which was expensive can't remember the company off the top of my head, it was the best cover this firm did and it is different for every make but with 911s engines failing the warranty only covered you up to 6k a claim and with a 911 that doesn't go far, a new engine for the 911 is a little more than the S54 about 12-14k so thats a big bill waiting to pick up if it did.
It is rare the S54 pops but its not unheard of either. If its had a hard life or has been tracked the likelihood is higher, but saying that the majority of cars I've seen this happen too is cars with low milage <30k. But you never know, best way to find out how healthy your engine is is to have an oil analysis.
Also worth pointing out that the price you pay when you start your warranty doesn't increase, but once you get to 100k the warranty won't cover pretty much anything so is pointless, but the initial outlay is determined by the milage. The difference between mine at 55k and 57k (when I bought it the extended warranty) was about £10 a month.
In theory, I think your only covered for engine failure with the fully insured warranty, and to get one you have to renew your current warranty so if you buy a car privately or from a non BMW dealer you can't get it unless it currently has a BMW warranty left. You can get the 2nd and 3rd choice warranties but pretty sure engine failure isn't covered with them. They are about 1/2 the price.
You have to be very careful buying warranties from these 3rd party companies, many will only allow up to a 5-6k a claim so if its an engine the rest is on you if a full engine failure will even be covered, but if you already have FBMWSH and you don't have a warranty you can always claim for good will but IMO your better off being covered.
A good example my dad bought a platinum package warranty for his 911 which was expensive can't remember the company off the top of my head, it was the best cover this firm did and it is different for every make but with 911s engines failing the warranty only covered you up to 6k a claim and with a 911 that doesn't go far, a new engine for the 911 is a little more than the S54 about 12-14k so thats a big bill waiting to pick up if it did.
It is rare the S54 pops but its not unheard of either. If its had a hard life or has been tracked the likelihood is higher, but saying that the majority of cars I've seen this happen too is cars with low milage <30k. But you never know, best way to find out how healthy your engine is is to have an oil analysis.
Also worth pointing out that the price you pay when you start your warranty doesn't increase, but once you get to 100k the warranty won't cover pretty much anything so is pointless, but the initial outlay is determined by the milage. The difference between mine at 55k and 57k (when I bought it the extended warranty) was about £10 a month.
Before my BMW used car warranty ended in 2012, I had everything that was not 100% checked…and replaced. So there was a completely new wiring of the front lights fitted, a new brake light and a new GPS screen. After this; I had only two thing that happened to my car which could have been a warranty claim… An issue with something inside the airflow meter (2013) and one injector malfunction (2014)… Total cost of everything together was 1.100 GBP without warranty. If an extend BMW would be available in my country I would maybe take it… if the price was ok. Only for peace of mind if the engine broke or something extreme like that.Angus McCoatup said:
Liverpool
Mine came with an AUC warranty when I bought it (at 2 years old with 9,000 miles on the clock in November 2008), and had the engine replaced a little over a year later (at 23,000 miles) after it developed a misfire.
It had not been on track, it had not yet gone over 7000rpm in my ownership (as I was used to the 7200rpm limit in the M5), yet it still failed. Cause has still not been confirmed, but I gave up asking after a year.
I decided to continue/move to the BMW (Mondial) Insured Warranty, fully comp, £0 excess with breakdown cover. This was at a price of about £80 a month. The reason for taking out the monthly option vs the annual one, was that I was told the monthly premium would stay the same for as long as I kept it in force - whereas the annual one would be recalculated every year.
In total I've paid out about £4k in warranty premiums, and claimed over £15k for the engine, VANOS & diff. It doesn't include all the 'little' things that have been done over the last 5.5 years (wheel bearings, headlight washers, wiper relay, PDC sensors, brake caliper, etc.).
If I'd kept the premiums in my pocket and spent the cash when I needed to, I would not only be at least £11k down due to the cost vs savings, but I'd also be paying retail prices for parts & labour (even at an indy) for any of that work - which might be the difference between a £30/hour to Mondial, £50/hour at an indy, or £150/hour at a dealer, plus the loss of any 'special' pricing Mondial get on parts.
The downside (in cost and soul) is that I had to take it to BMW dealers for scheduled servicing - which was about twice a year at my current rate. But even that only meant a £500 or so 'loss' each year.
It's now done 80,000 miles in the 5.5 years since then, and does a couple of track days and Ring trips a year. It's not using any oil (that I can measure) in between it's 7,000 mile oil changes/services, but has left the odd drip on the drive which has been caused by seeping clutch slave cylinder, air-con compressor, diff, valve cover gasket, etc. and all have been (eventually) replaced/sorted under warranty or at a small cost to me.
About a year ago, when I was considering cancelling the warranty, I looked at the cost of re-starting it. I was paying about £80/month, but the new price (for a 60k mile car) would have been around £180/month.
It had not been on track, it had not yet gone over 7000rpm in my ownership (as I was used to the 7200rpm limit in the M5), yet it still failed. Cause has still not been confirmed, but I gave up asking after a year.
I decided to continue/move to the BMW (Mondial) Insured Warranty, fully comp, £0 excess with breakdown cover. This was at a price of about £80 a month. The reason for taking out the monthly option vs the annual one, was that I was told the monthly premium would stay the same for as long as I kept it in force - whereas the annual one would be recalculated every year.
In total I've paid out about £4k in warranty premiums, and claimed over £15k for the engine, VANOS & diff. It doesn't include all the 'little' things that have been done over the last 5.5 years (wheel bearings, headlight washers, wiper relay, PDC sensors, brake caliper, etc.).
If I'd kept the premiums in my pocket and spent the cash when I needed to, I would not only be at least £11k down due to the cost vs savings, but I'd also be paying retail prices for parts & labour (even at an indy) for any of that work - which might be the difference between a £30/hour to Mondial, £50/hour at an indy, or £150/hour at a dealer, plus the loss of any 'special' pricing Mondial get on parts.
The downside (in cost and soul) is that I had to take it to BMW dealers for scheduled servicing - which was about twice a year at my current rate. But even that only meant a £500 or so 'loss' each year.
It's now done 80,000 miles in the 5.5 years since then, and does a couple of track days and Ring trips a year. It's not using any oil (that I can measure) in between it's 7,000 mile oil changes/services, but has left the odd drip on the drive which has been caused by seeping clutch slave cylinder, air-con compressor, diff, valve cover gasket, etc. and all have been (eventually) replaced/sorted under warranty or at a small cost to me.
About a year ago, when I was considering cancelling the warranty, I looked at the cost of re-starting it. I was paying about £80/month, but the new price (for a 60k mile car) would have been around £180/month.
@mmm-five Thanks for sharing your experience. I will probably end up doing the same. I currently have AUC and got a quote from the BMW website. worked out to be about 1K for the year which is about £80 per month. Will definitely consider getting this at the end of AUC.... 8)