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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > Regional Forums > Canada > Has anyone purchased extended warranty or wish they did?



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      05-23-2012, 11:23 AM   #1
dieselgg
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Has anyone purchased extended warranty or wish they did?

I just wanted to know if any of you have purchased an extended warranty or highly recommend it. You read a lot of horror stories on the amount of repairs one has had to pay and wishing they had extended warranty. On the other end, some have never purchased extended warranty and have had very little issues.
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      05-23-2012, 11:38 AM   #2
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I have it on mine.... Peace of mind.
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      05-24-2012, 12:03 AM   #3
MattGrantham
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Wish I did, facing a costly boost leak issue at 100,000km.
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      05-24-2012, 01:36 PM   #4
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Is this something you can just add on though your dealership at any time? Did you have to buy the car from them? What does it cost?

Cheers!
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      05-24-2012, 01:43 PM   #5
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I was told i had to get extended warranty before current manufacturer warranty expires.
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      05-24-2012, 03:07 PM   #6
MiroE90
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I still have mine till May 2013... Piece of mind in my opinion but no extra cost as I got a CPO for a ridiculous price. Currently at 57,000km fyi
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      05-24-2012, 07:56 PM   #7
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i was told for easy care, if you purchase before 40,000kms it will be a lot cheaper then purchasing later on... Ive got one on my cayenne and my last trip in to the dealer was a 4k fix and it was all electrical not even mechanical yet.... i can only imagine what it will cost if anything goes wrong with the drivetrain... good thing i have the extended care. =D
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      05-24-2012, 08:40 PM   #8
dieselgg
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To put it in another perspective, extended warranties are put in place to make profit. They probably figure that only 20%-30% of the vehicles will come in for extended warranty service ... my guess. If the percentages were much higher, they would be losing money.
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      05-24-2012, 08:47 PM   #9
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I bought a certified with low mileage at a premium for the piece of mind. Modded a bit so some of that is wasted. I'm 50/50 if I'd import a car in the future and use the $5K+ savings as a repair slush fund. Got a 328 as well to avoid the 335 issues, they are really ranked so poorly by consumer reports. Crazy enough so are the A4 and C series Benz; the most popular cars on the road.

In summary I actually got a longer warranty than I would have buying new. Good til 2014

Last edited by Fozzy; 05-25-2012 at 02:41 PM.
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      05-24-2012, 08:55 PM   #10
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Quote:
Originally Posted by bmwmike4
Is this something you can just add on though your dealership at any time? Did you have to buy the car from them? What does it cost?

Cheers!
Cost was lower if bought before the original warranty expired... Pretty sure you can get it at anytime, as it is a 3rd party offer, not BMW...
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      05-25-2012, 11:15 AM   #11
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Quote:
Originally Posted by KCX_335xi View Post
Cost was lower if bought before the original warranty expired... Pretty sure you can get it at anytime, as it is a 3rd party offer, not BMW...
Who is it offered by? Can the dealership direct me in the right place?
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      05-25-2012, 11:34 AM   #12
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Quote:
Originally Posted by bmwmike4 View Post
Who is it offered by? Can the dealership direct me in the right place?

This is the actual partner and coverage :

https://www.coverageone.ca/mic/uwc/j...s_ultimate.jsp
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      05-29-2012, 01:38 PM   #13
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As of MY2011 you can buy extended warranty from BMW Canada. The warranty is valid up to 7 years/200,000km.
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      05-29-2012, 02:11 PM   #14
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Quote:
Originally Posted by canadian33 View Post
As of MY2011 you can buy extended warranty from BMW Canada. The warranty is valid up to 7 years/200,000km.
What does it cost?

Does your car have to be MY2011 to get that extended warranty?
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      05-29-2012, 03:42 PM   #15
dieselgg
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MY 2011 and up .. the extended warranty is offered by BMW.
For MY's 2010 and earlier, BMW offers it through a 3rd party. The 3rd party also handles coverage for a lot of the other big car manufacturers. The price is determined as to how many km's you have on your car and the duration you want to be covered.

For the most part, it is a money grab. They have an idea as to the percentage of vehicles coming in for repair.. the rest is profit for them on the vehicle that don't need repair.
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      05-30-2012, 05:35 AM   #16
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my warranty expires in a few days - decided to pass but i keep seeing wastegate / turbo issues so still thinking about it for $3k to extend 3 years
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      05-30-2012, 06:03 AM   #17
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Quote:
Originally Posted by Freddy's 335xi View Post
my warranty expires in a few days - decided to pass but i keep seeing wastegate / turbo issues so still thinking about it for $3k to extend 3 years
Thing is, one of their clauses states that warranty will be void if you make any changes to the car.... Since signing up for it, I went a little loco on mods (this forum is the blame), so should something serious happen - I am a little worried that they'll push back on covering it.........
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      05-30-2012, 06:18 AM   #18
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Quote:
Originally Posted by KCX_335xi View Post
Thing is, one of their clauses states that warranty will be void if you make any changes to the car.... Since signing up for it, I went a little loco on mods (this forum is the blame), so should something serious happen - I am a little worried that they'll push back on covering it.........
Yes and yet they offer their own line of performance mods/upgrades.
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      05-30-2012, 06:31 AM   #19
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Quote:
Originally Posted by GreekboyD View Post
Yes and yet they offer their own line of performance mods/upgrades.
exactly ! It's total BS.
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      05-30-2012, 10:10 AM   #20
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Quote:
Originally Posted by bmwmike4 View Post
What does it cost?

Does your car have to be MY2011 to get that extended warranty?
Costs are model specific and vary based on the term you decide to buy. For a 328 cab prices would be as follows:

6/160,000 - $2799
6/200,000 - $2899
7/160,000 - $3699
7/200,000 - $3799

Also, if you buy the warranty after the fact their is a surcharge of I think $750 added to the above prices.
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      05-30-2012, 10:12 AM   #21
canadian33
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Quote:
Originally Posted by GreekboyD View Post
Yes and yet they offer their own line of performance mods/upgrades.
If you have the BMW extended warranty and add BMW performance parts there are no issues with coverage.
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      05-30-2012, 10:26 AM   #22
dieselgg
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Quote:
Originally Posted by Freddy's 335xi View Post
my warranty expires in a few days - decided to pass but i keep seeing wastegate / turbo issues so still thinking about it for $3k to extend 3 years
I don't understand ... your original manufacturer's warranty expires in a few days??? Why not bring it now and get your wastegate/turbo issues checked out at least?
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