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      07-24-2009, 12:06 PM   #20
rambalu80's Avatar

Drives: 2016 BMW 340i
Join Date: Apr 2007
Location: Katy TX

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2016 BMW 340i  [0.00]
Originally Posted by Nick Nazareno View Post
ask about extending the new car warranty. or get the car CPO. its worth it since no one really knows what long term reliability of that car is like

other option i'd look for is going with mechanical breakdown insurance through your auto insurance provider (geico's coverage is something stupid cheap like $250/yr)

like any insurance product you need to read the policy contract end to end to find out what is covered what is excluded and what the reimbursement terms are to you. i would not want to keep a bmw out of new car warranty personally, but if forced to i would pick up mechanical breakdown insurance that includes electronics
Just called Geico and the cost for the policy is anywhere between $25 - $70 (depending on the car) every 6 months which does sound dirt cheap. There is a $250 deductible per claim and the catch is that your car should be less than 15 months and have less than 15,000 miles to be eligible!