11-21-2022, 09:33 PM | #1 |
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Deciding on Extended Warranty--What big $$ repairs have you had after warranty?
Ok.....real world examples: What big repairs have you done to your X7 that would have been expensive if you hadn't had your warranty?
Curious in general, but also deciding on the Endurance plan that covers all maintenance, even oil changes, brake pads, all scheduled services, basically everything except tires and general abuse. Finding out if it's a "pay X amount towards" versus a full reimbursement of the repair/ item. Mine is a 2020 with 65,000 miles. This warranty is for the next 5 years or 100k miles for $8,100. It's not a money issue, as such, more than peace of mind. I have had a dozen Mercedes and some were no issues, but my last S550 was a thousand here and there like crazy, to where it clouded the enjoyment of the car. I paid cash for the car, so it's not like I have payments on this plus repairs. The way their cost goes, you just pay the first months payment of $230 and then it's 250 for 36 months. If you trade the car in less than that, you just cancel the contract. You do not have to pay out the remaining. Thoughts? Last edited by jholderrealtor; 11-21-2022 at 09:52 PM.. |
11-21-2022, 11:12 PM | #3 |
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Of course. I kept my E46 for 8 years and put 175k miles in it. Was very reliable. My wife has her X3 for 7+ years now. No issues. My friend has had his E46 for 19 years now and is still his daily commuter. Another friend has had her E60 for 18 years now and it still runs as well had the day she picked it up from the dealer with 5 miles in it. Nothing other than normal maintenance items.
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11-22-2022, 06:59 AM | #4 |
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11-22-2022, 09:25 AM | #5 |
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Folks always complain about German car reliability. Do they know in Europe, most of the taxi fleet are made of German cars? If they were so unreliable, why would taxi fleets use them? They put hundreds of thousands of miles on those cars.
You will hardly ever see any Japanese cars used as taxi's in Europe compared to the # of German cars as taxi. My family and friends have owned a lot of german vehicles and have all had very good reliability with them. My friend with the E46 recently gave his 19 year old E46 to his wife for her commuter and got himself a new X5. |
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11-22-2022, 09:51 AM | #7 | |
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11-22-2022, 12:32 PM | #8 |
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$8,100 for 5 years or 100k miles from a third party warranty provider is way too much. A good deal is in the range of $4K from a third party warranty provider. $8000 is too close to what BMW charges....
This is all based on a full coverage (or at least a very small exclusions list) and very low/no deductible. |
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11-23-2022, 08:17 AM | #11 |
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Most of us have not experienced out of warranty expenses on our X7's because the car is too new for that. I've got an early 2019 and my factory warranty doesn't expire until mid-2023.
That said, my lease expired a few months ago after BMW extended it to the max, I decided to buy the car at its very low residual, and I immediately got the extended warranty for peace of mind. I'm waiting out the lease deals on 2023's and 2024's and will simply cancel the extended warranty and get a refund on the unused portion if it comes to that. If not, it'll be a 7 year old car and I'll sell or trade it it the week before the extended warranty runs out. Last edited by toddwalton; 11-23-2022 at 12:17 PM.. |
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11-23-2022, 11:51 AM | #12 | |
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I saw a few used at my local dealer with 70k-90k miles on them. |
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11-23-2022, 12:17 PM | #13 |
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11-23-2022, 10:39 PM | #14 |
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I extended warranty on my first bmw. And it payed for itself but if I had to make that decision again I wouldn't. After 13 yrs of owning the car, it is still bullet proof. My second bmw has been out of warranty for 3yrs now and touchwood it has been fine. I mostly drive like I stole it and hence have spent quite a bit on tires and suspension. But that's about it. I think you have to make your decision based on reliability of the engine, transmission and electronics. If you have doubts get warranty or trade it in
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11-24-2022, 09:31 PM | #15 | |
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If you want your Bimmer to have a better chance at longevity, don’t follow the oil change protocol for starters. Don’t wait 15k miles. Change oil and filter every 8-10k especially if this vehicle sees more stop n go traffic or used in the city as the oil will start to sludge. Most owners have no clue about this because they don’t change their own oil or had the oil tested for metal. Waiting 15k is BMW marketing BS. |
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11-24-2022, 11:13 PM | #16 | |
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We all followed BMW recommended maintenance intervals. In the case of my E46, it sometimes went 18k miles between oil changes (based on the on board computer recommendation). I've sent those oil samples to blackstone labs and they always came back as good for continued use and no abnormal wear metals. (even after 175k miles). |
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11-24-2022, 11:42 PM | #17 | |
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11-26-2022, 03:29 PM | #19 |
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I m probably an exception then. My first and oldest is 13yrs and don't plan to trade it in or others. I need to figure out exit strategy when engine or transmission fails. Probably tow it to junkyard
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11-29-2022, 02:27 PM | #20 | |
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12-03-2022, 12:34 AM | #21 |
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I have plenty of warranty time left on my '21 X7 40i. And a year of CPO on the back end. It only has 12k miles and we will only do 10-12k miles per year.
But I really love it and don't see any reason we would trade it before that warranty runs out, if it proves to be a reliable car. If we hold onto it for 5+ years, I'll do an extended warranty. It's the electronics that make me nervous. And maybe suspension, but coverage there depends on your exclusions. The B58 is solid and the transmission in these seem solid also. I'm not really worried about catastrophic power train failure at all. And any minor mechanical repairs are so expensive with BMW, I feel it's got a decent chance of breaking even. Which is fine. I don't buy it because I want to bend the warranty company over - no one likes being in the shop!
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