[Droncos1]

Hi Community, I'm new to the BMW world awaiting my first X5 to finish up the building process(June 3RD) and I'm looking for advice on what the cost is on an extended warranty. Looking to get the BMW warranty not an after market produce which is what my dealer is offering. Any advice/options on where to buy(please provide dealer name and number) would be greatly appreciated.

[TurtleBoy]

I don't have any pricing but why buy it now? Might as well wait until about 6 months before the factory warranty expires and then get quotes from a number of dealers.

[Droncos1]

Do you knowing the price increase as you get closer to to 50K, I drive about 23K miles a year.

[TurtleBoy]

Originally Posted by Droncos1

Do you knowing the price increase as you get closer to to 50K, I drive about 23K miles a year.

I do not know if there is any change or not in the pricing based on the miles, maybe someone can chime in.

[bogie129]

We ended up getting an extended warranty at purchase. It was offered by dealer, through continental. Years over mileage was what I needed as we keep our cars a while but only do about 8k miles per car, per year.

96 Months / 85K Miles -> $3700 Zero deductible, accepted at all BMW dealerships. This warranty coverage as the equivalent of warranty from BMW in terms of coverage

I had a sales guy send me some quotes for BMW Coverage for same term, was $6500.

I am unsure of how the price changes once the car is sold as it is no longer a new car but effectively used.

[edtreo]

I’ve been asking around for BMW warranty and all the finance managers asks for mileage.

[Droncos1]

I was quoted the same Continental warranty for 7/100K for $2930 but I'm afraid to go aftermarket. I'm coming from Acura for the last 2 cars and I always went with factory warranty. I didn't get to see a copy of the contract, do you fell its a good policy??? Thanks for the feedback!

[bmwxyz97]

Following this with great interest: car arrived at dealership I am likely going in this weekend to collect. What are best practice re extended warranty? Should I get it now vs later when warranty runs out? Assume there is a upfront discount of some sort, right? Appreciate any tips and experience.. and how much typically?

[dream54ing]

Originally Posted by bogie129

We ended up getting an extended warranty at purchase. It was offered by dealer, through continental. Years over mileage was what I needed as we keep our cars a while but only do about 8k miles per car, per year.

96 Months / 85K Miles -> $3700 Zero deductible, accepted at all BMW dealerships. This warranty coverage as the equivalent of warranty from BMW in terms of coverage

I had a sales guy send me some quotes for BMW Coverage for same term, was $6500.

I am unsure of how the price changes once the car is sold as it is no longer a new car but effectively used.

Originally Posted by Droncos1

Do you knowing the price increase as you get closer to to 50K, I drive about 23K miles a year.

Originally Posted by TurtleBoy

I don't have any pricing but why buy it now? Might as well wait until about 6 months before the factory warranty expires and then get quotes from a number of dealers.

My understanding is you can purchase it anytime, but as the mileage goes up and date it was purchased, the price will increase exponentially. I believe they look at the history of the vehicle as well, each dealership will vary on how to price it (I could be wrong). If you wait 6 month before your warranty ends, the cost might be so high that its not worth getting unless your planning to keep the car long term. We are planning to purchase an extension shorty after the first year, depending how it drives. expecting a minimal increase from what was offered during signing.

If you know your going to keep the car longer than the original 4 years and planning on putting high mileage, its highly recommended to get the warranty early on.

JayP@TulleyBMW might be able to chime in

[RoccoD]

Originally Posted by Droncos1

Hi Community, I'm new to the BMW world awaiting my first X5 to finish up the building process(June 3RD) and I'm looking for advice on what the cost is on an extended warranty. Looking to get the BMW warranty not an after market produce which is what my dealer is offering. Any advice/options on where to buy(please provide dealer name and number) would be greatly appreciated.

My 2016 X5 warranty expires on 12/20 and I was just quoted $4995 for 3 more years/100k. I think it’s high, but I have the adaptive cruise, auto high beam and MSport suspension and the air shocks ain’t cheap to replace.

I have 28k now so the years will trigger the expiration before the mileage.

[randybobandy]

RoccoD that just covers the bumper to bumper warranty? I was wondering if there was a way to extend the maintenance plan as well. for 5k, I feel like I could put a nice downpayment on a new vehicle!

[rmorin1249]

I was burned badly when Warranty Gold went belly up. I did participate in a class action suit and recovered somewhat. Very suspicious of 3rd part plans. Buyer beware.