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BMW 3-Series (E90 E92) Forum
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extended warranty offered by BMW
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02-25-2014, 08:28 PM | #1 |
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extended warranty offered by BMW
Can I buy BMW extended warranty from a different dealer than where I originally purchased the car? I have a 2011 with a little over a year of the original warranty left. Also is the price negotiable?
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03-05-2014, 09:37 AM | #3 |
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You can buy a third party warranty from any shop that sells them.
I picked up mine from Ron at StreetXtreme. NationWide Warranty, full coverage up to 200,000 km, no limit on years. Beats anything BMW will pillage your pockets for. |
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03-05-2014, 09:38 AM | #4 | |
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Quote:
You may be able to do better than this if you go in and haggle with the dealer directly - I know they have a lot of margin on these products. If you do buy online it's super easy - you just enter in all your info, it gets validated by BMW and you get a PDF e-mailed to you in a few days with the contract signed by BMW. If you are putting it on a credit card for the points, let your CC company know in advance - mine got held up at first due to a fraud alert. |
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03-05-2014, 09:44 AM | #5 |
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Be careful with extended warranties. The list of exclusions is exhaustive. This is especially the case with 3rd party providers. Read any such warranty very carefully...
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03-05-2014, 10:04 AM | #6 | |
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OP, I shopped around for quite a while before deciding and the two big things that steered me away from the third party warranties like NationWide were: 1) Exclusions: all of the third party warranties set out a list of what *is* covered and anything that is not on the list is explicitly excluded. Looking at the PDF contract for the BMW product and it is a very simply worded blanket extension of the new car limited warranty, including the same [IMHO reasonable] exclusions (paint finish; vibrations/rattles; we won't cover your car if you race it on a track, etc, etc). 2) Limits: all of the third party warranties that I looked at had upper limits on coverage, even the so called "cadillac" premium policies. They would cover up to something like $3500 per claim or the value of the car and after that you were on your own. I hope it doesn't happen, but knowing BMW parts and labour prices I don't think it would be too hard to exceed this even for a single claim. Again, looking at my PDF contract right now and there is no such exclusion - it's a blanket extension of the factory warranty. There is a small advantage also of this being an all-BMW agreement... there is no need to have approval from any third party for large repairs but I have also heard stories that BMW SAs work well with third party warranty reps anyway (they used to sell these before 2011 themselves) so not sure how big a differentiator this is in the end. |
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03-05-2014, 10:27 AM | #7 |
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Drives: '11 STI, '90 325iS
Join Date: Aug 2011
Location: Toronto, Ontario, Canada
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How are they with modded cars? Debating on whether to get extended power train warranty on my sexually transmitted infection. I mean STI.
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