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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > General E90 Sedan / E91 Wagon / E92 Coupe / E93 Cabrio > Debating on extended warranty



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      04-25-2013, 09:18 AM   #23
ericfox11
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Quote:
Originally Posted by nickvacc View Post
From what I've heard, they only cover the turbos under that warranty if its caused by wastegate failure. There are other ways for them to go where they may not cover it.
Yup, that's what I have heard as well.
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      04-25-2013, 11:01 AM   #24
tennis_pr0
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I think purchasing an extended warranty in two years is my best option.

I have a 2007 with 33k miles on it. The HPFP is covered up to 10 years/120k miles, so that will be covered for a long time, and the wastegate has a 8 year/82k mile warranty, so for me that is still covered for another two years.

These two things seem like the two major things that could possibly go wrong, but if they do I am covered.

What I was thinking was in two years, once the wastegate warranty is no longer in effect for me, I will buy a three year warranty. My car only has 33k miles on it now, but in two years it will have over 50k miles on it, I think that would be a great time for me to purchase the three year extended warranty.

I know it will be more expensive to purchase it in two years from now, but getting it right now doesn't really make sense to me. Does anyone agree/disagree with this logic? Any advice and or feedback would greatly be appreciated!
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      04-25-2013, 11:35 AM   #25
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Originally Posted by tennis_pr0 View Post

I know it will be more expensive to purchase it in two years from now, but getting it right now doesn't really make sense to me.

Consider this: say you buy it now, then in 20 months for some reason you sell your car (or it gets stolen or totalled or something) and you go to cancel the policy. How much will you get back?

I'd just start putting money away into savings each month "towards" the warranty. When the time comes to buy it then think about just continuing to put money in savings as a repair fund or buying the warranty then based on how the car's been (reliable vs problematic)
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      04-25-2013, 11:35 AM   #26
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buuuummmmp!
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      04-26-2013, 10:10 AM   #27
tennis_pr0
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Quote:
Originally Posted by gpb View Post
Consider this: say you buy it now, then in 20 months for some reason you sell your car (or it gets stolen or totalled or something) and you go to cancel the policy. How much will you get back?

I'd just start putting money away into savings each month "towards" the warranty. When the time comes to buy it then think about just continuing to put money in savings as a repair fund or buying the warranty then based on how the car's been (reliable vs problematic)
Yeah I think this makes more sense.

My logic is for the next two years I am covered with wastegate issues, and the next 5 years I am covered for the HPFP. Sp those being the two main issues that the car has, I am covered without the warranty for quite some time.

If in lets say two of three years I still have the car and plan on keeping it for much longer, I think at that time it would be smart to buy a warranty. Does my logic make sense?
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      04-26-2013, 11:34 AM   #28
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I wouldn't, but it all depends. There have been many stories in my short time here of aftermarket warrenties not covering stuff. I'd just rather put the money away myself.
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      04-26-2013, 08:08 PM   #29
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Quote:
Originally Posted by Popsrcr View Post
I wouldn't, but it all depends. There have been many stories in my short time here of aftermarket warrenties not covering stuff. I'd just rather put the money away myself.
Yeah I'm sure any aftermarket warranty company would give you a hard time when it comes to covering anything expensive.

I'm definitely going to hold off for about two years as I am covered for the two common things this car has, so it would be pointless to buy one now. I definitely want to keep this car for a good 4 or 5 years, so in two years I will definitely purchase one. I have low miles on my car and its covered for a few more years now so I will definitely wait.
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      04-27-2013, 12:02 AM   #30
zamboni
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Pay now or pay later that is your option and I would not go with third party coverage, can you still BMW warranty?
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      04-27-2013, 12:53 AM   #31
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Pay now or pay later that is your option and I would not go with third party coverage, can you still BMW warranty?
Can't go with bmw
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      04-28-2013, 01:36 AM   #32
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Wasn't 2007 MY a problem year? Would it make more sense to trade in the 2007 for a low mileage CPO 2010 instead @ 0.9% financing????
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