11-20-2018, 12:03 PM | #1 |
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After Warranty Plans
Hello all!
Whats the thought about after warranty service plans? I am being quoted around 3.5K for 4 years. But that does include the brakes and the clutch. I am being told that the rotors will need to be replaced with the pads...is that true? Why? If thats the case, then 3.5 K wouldnt be a bad number.... thought? Comments? Thanks as always! |
11-20-2018, 12:53 PM | #3 |
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I went with a 3rd party warranty for my car. It's a 2014 with 22k on it. I purchased a 4 year warranty that covers the car up to 100k miles.
Because it's not a BMW warranty, I am hoping it would be a little more lenient with mods, as I can take the car to other shops versus just the dealer. I'm hoping I never have to use it. Unlike the BMW warranty, it does not cover consumables, but in the grand scheme of things that is relative cheap.
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11-20-2018, 01:10 PM | #4 | |
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11-20-2018, 02:01 PM | #5 | |
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Deductibles mentioned or per-visit payments ? |
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11-20-2018, 03:01 PM | #6 |
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I don't see a warranty covering tear and items. I have little faith in 3rd warranties as they tend to not cover anything and will fight you on it and often want you to use non-OEM parts. BMW shops won't do that.
Save your money and put that $3,000 in an account for maintenance and repairs. Done.
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11-20-2018, 03:29 PM | #7 |
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THIS. I asked a friend who works at audi corporate and a fund manager friend and they both said the same thing. Save the money in an account. If the money isn't used go on a nice vacation or just save it.
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11-20-2018, 03:36 PM | #8 |
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I think it really depends on the options in your car.
If it weren't for Nav, etc, I would have just gone for the gold warranty. But while most likely in the next few years, you are not going to break anything bad, the possibility is there. I am glad I got the platinum warranty, and I am not even kidding, a month after I got it, my nav started acting up again. So if you have Navigation, I would recommend going with the platinum. If you don't, just go save your money, but keep in mind you can also negotiate the rates for the warranty. Give Steve Thomas BMW a call, Francesca Ortiz helped me out, they gave me a pretty damn good price. Good enough that when I went to a local dealer to get a key readout the guy tried to sell me the warranty there, and when I told him what they were offering he was trying to convince me they weren't selling me the platinum warranty. (They did)
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11-21-2018, 05:30 AM | #9 | |
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It was sold to me by my friend who is the general manager of a BMW dealership. It's what they sell to customers who can no longer get a factory extended warranty. Seeing how it's my friend, who has been with the dealership more than 10years, I don't foresee any issues with coverage.
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