Does extended warranty have any value in resale?

rainfall · 10-23-2018, 05:01 PM

Hey guys, I'm considering getting an extended warranty for my car, whose factory expires in a month or so (dec'18).

I think the BMW dealer quoted me like $3.4k on a powertrain plus for +36mo/75k miles. Lower mileage package are priced not much lower than that.

I plan to take my car to a shop for preventive care at least every 6 months on a specialized shop, so I wonder if spending this extra $3.4k on extended warranty has any value in case I decide to resell the car. Would it help hold the resale value in any way?
My car is a 2015 M235i 6MT, whose warranty expires in Dec 2018.

If I do decide to sell the car, it would still have like 12-18 months of warranty.

Obs. 1: I don't abuse the car in any way.
Obs. 2: I'm not interested in going third-party warranty.

Nexus313 · 10-23-2018, 05:08 PM

Honestly, I bought my car because it had that warranty until April 2020. And I picked this car over others because of it. So yes.. it does help the car sell better at a more desirable price than the market.. but the mileage should also be low.

Luftwaffe1O1 · 10-23-2018, 08:03 PM

You can also get a prorated refund on the extended warranty.

NVHoo · 10-24-2018, 07:48 AM

Don't know about added value of a warranty if you trade the car in, but as Luftwaffe said, you may be able to get a pro-rated refund depending on the policy. If you sell the car yourself, you will definitely get more money if the car has a transferable warranty

10-23-2018, 05:01 PM	#1
rainfall First Lieutenant 162 Rep 395 Posts Drives: A Join Date: Feb 2016 Location: West coast iTrader: (0)	Does extended warranty have any value in resale? Hey guys, I'm considering getting an extended warranty for my car, whose factory expires in a month or so (dec'18). I think the BMW dealer quoted me like $3.4k on a powertrain plus for +36mo/75k miles. Lower mileage package are priced not much lower than that. I plan to take my car to a shop for preventive care at least every 6 months on a specialized shop, so I wonder if spending this extra $3.4k on extended warranty has any value in case I decide to resell the car. Would it help hold the resale value in any way? My car is a 2015 M235i 6MT, whose warranty expires in Dec 2018. If I do decide to sell the car, it would still have like 12-18 months of warranty. Obs. 1: I don't abuse the car in any way. Obs. 2: I'm not interested in going third-party warranty.
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10-23-2018, 05:08 PM	#2
Nexus313 Lieutenant 108 Rep 473 Posts Drives: 2016 BMW 340i 6MT Join Date: Aug 2015 Location: Toronto iTrader: (0)	Honestly, I bought my car because it had that warranty until April 2020. And I picked this car over others because of it. So yes.. it does help the car sell better at a more desirable price than the market.. but the mileage should also be low.
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10-23-2018, 08:03 PM	#3
Luftwaffe1O1 Lieutenant 230 Rep 555 Posts Drives: M235i, 2000 Z3 Join Date: Mar 2015 Location: San Diego, CA iTrader: (0)	You can also get a prorated refund on the extended warranty.
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10-24-2018, 07:48 AM	#4
NVHoo Second Lieutenant 161 Rep 282 Posts Drives: 2011 128i red convertible Join Date: Feb 2015 Location: Las Vegas iTrader: (0)	Don't know about added value of a warranty if you trade the car in, but as Luftwaffe said, you may be able to get a pro-rated refund depending on the policy. If you sell the car yourself, you will definitely get more money if the car has a transferable warranty
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