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Already have had a lot of work done - is an extended warranty worth it?
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06-10-2014, 09:26 AM | #1 |
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Already have had a lot of work done - is an extended warranty worth it?
Hey everyone, I'm at just shy of 70,000 miles and have been considering an extended warranty for a while. However, as of my most recent repair, I'm realizing I've already replaced a lot of the common failure points and am questioning whether $2,000 for a warranty is worth it. Here's what's been done:
The warranty I'm looking at would cover everything the original BMW warranty covers, with the exception of interior parts, fluids, and iDrive and would be $2,000 for three years and zero deductible. Prior to the water pump it seemed like a no-brainer, but now I'm not sure. What else can I expect to need to replace over the next three years/thirty six thousand miles? The car is a 2007 coupe with no oil cooler, but it's been well maintained and sees regular oil changes (recently switched to Motul oil and a 7,500 mile interval). Thanks!
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06-10-2014, 09:39 AM | #2 |
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Sounds like your car held up considering you got a 2007. I wouldn't worry about anymore hpfp issues plus u may still be covered under the 10yr/120k mile and if not I seen HPFPs for 300ish not bad.
As for other repairs it looks like u already replaced some common weak points such as the waterpump. The software issue won't come back And you are getting a new set if turbos how nice. iDrives rarely fail even tho it's possible it's rare because they are not DVD based anymore they are satellite If I were you I woudnt buy that warranty and I would keep driving the car. Keep that money aside for future repairs IF it ever needed but you got the expensive stuff repaired already. For now I would learn some DIYs like spark plugs and basic things and at the same time try to find a cheap Indy. These cars are only expensive to maintain when you are paying a dealer or expensive mechanic to fix it. It's hard to say what's gonna fail next. I would say probably carbon build up or suspension bushings |
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06-10-2014, 09:57 AM | #3 | |
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As for what's next, I know my control arms are going to need work soon, and the carbon buildup definitely needs to be addressed. I'm also thinking the serpentine belt should probably be done soon as a preventative thing. Other than that, my only other worry is the injectors, but looking at the DIY, that's something I can probably do on my own. Thanks for the advice. Maybe I'll skip the warranty and just put the money into new control arms, carbon cleaning, and serpentine belt ASAP.
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06-10-2014, 10:16 AM | #4 |
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I'm thinking that by 106k, you'll start to have some oil leaks.
Oil filter housing is common, and so is valve cover. Also, turbo oil lines (make sure they are replacing the oil line gaskets that plug into the turbos) , oil pan gasket, and rear main seal are a possibility. If this warranty was for an extra 50k or 4 years id. recommend it for sure, But for extra 36k it's hard to say.
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06-10-2014, 10:19 AM | #5 | |
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110/hour?!! damn thats what makes a BMW expensive to work on. but they must be high quality. You gotta find someone that doesn't charge hourly by the book. look for someone on craigslist or the forums. i found myself a tech thru the forums and works at bmw that can does mechanic work on the side for super cheap. your control arm bushings and/or sway bar end links are worn but those are cheap. idk about the serpentine belt should be too bad. injectors are easy diy but u gotta find a coder HOw does the car run and do u have mods? |
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06-10-2014, 10:29 AM | #6 | |
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As for coding, that's something I taught myself and am pretty comfortable in since I've set it up and done it all properly. Properly updated and installed INPA setup and all that, so I can code injectors and pull codes easily. The car seems to run pretty well if a little hesitant and rough here and there. Part of that was likely due to my failing turbos, but I know I've got a lot of carbon buildup that is likely the cause of the roughness and hesitation as well. No mods at the moment, but I'm thinking I pretty much have to now that I'm going to have brand new turbos. Plan is to pick a tune and get it going once the carbon buildup is cleaned. With clean intakes, new turbos, and the other replaced parts, I'm as close to a clean slate now as the engine will ever be.
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06-10-2014, 11:43 AM | #7 |
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Yes.
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06-10-2014, 11:57 AM | #8 |
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Well the oil pan gasket is going to go soon that's close to a $1000. The oil filter housing gasket is also going to go soon. You also have other misc things that will fail in the near future including low pressure fuel sensor, coilpacks and possibly injectors and that's just naming a few. There is also the rear main seal and possibly transmission and rear end failures. (Depends what your extended warranty covers). There is also misc accessories like air conditioning, power steering and alternator. It depends on how long you plan on keeping the car though.
I'd personally not keep the car out of warranty but that's cause I know how quickly one job can add up. I just utilized my extended warranty on my corvette and a simple trans leak was a $2000+ fix. Needless to say that extended warranty company is losing money LOL Luckily you can find most parts on ebay if you do the work yourself |
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06-10-2014, 12:34 PM | #10 | |
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06-10-2014, 12:43 PM | #11 |
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06-10-2014, 12:49 PM | #12 |
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FWIW -. My CPO ran out last month and I bought a 3 year 36K warranty for mine.
Covers all the major stuff.
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06-10-2014, 01:00 PM | #13 | |
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06-10-2014, 03:57 PM | #15 | ||
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I'll research those issues you mentioned. I'm planning on keeping the car for another two or three years, it'll like be at around 100,000 miles or so when I get rid of it.
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06-11-2014, 03:51 AM | #16 |
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So how does Route 66 warranty work? Lets say you have issue X at X miles do you just take it into the dealership and they RT 66 covers it or what?
I have CPO for 2 more years, BMW told me I could extend the CPO for another year for $1700 but the 3/36k for 2k from RT 66 sure sound better. |
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06-11-2014, 07:47 AM | #17 |
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I heard through E90post that if your E9x is a 2007 everything will break and kill your dog, it being the first year and all.
OP, looks like your 2007 has had the same issues all 335's have so I would say your ride has be fairly predicable but extra coverage in case of a major failure is always a nice thing to have. |
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06-11-2014, 09:07 AM | #18 | |
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06-11-2014, 12:08 PM | #19 |
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If you don't like getting your hands dirty extended warranty is worth it. Its only worth it if you resell. BMW maintenance standard sucks who waits 12k for an oil change ? I change my oil at 6k and I change my oil filter every 3k . If you wait every 12k for oil change this can not be good for your engine its like changing a diaper once a week. The buildup of trapped particles slows down the flow and eventually from the resistance your engine oil just get bypassed flows thru without being filtered.
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06-14-2014, 08:59 PM | #20 |
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Bump - looking for more feedback from people with 100,000 or more miles. I'm looking to keep the car up until then, so I'd love to hear what people at that point have had to replace. Just trying to figure out if I should expect $2,000+ of repairs over the next three years (enough to justify the warranty).
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06-15-2014, 08:40 PM | #21 |
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So is the rear main seal really that common? Ive only read two posts in the last year of researching n54 issues. I think OP has the common ones covered. Aside from the common failure points it seems like these drivetrains are pretty stout
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06-15-2014, 09:34 PM | #22 |
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Dont forget serpentine belt, pulley, engine mounts, and potential engine damage since you have an '07. Plus, everything Jeff noted.
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