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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 > How many own "out of warranty" cars here?



View Poll Results: Do you have a warranty on your car?
Yes 130 35.04%
No 241 64.96%
Voters: 371. You may not vote on this poll

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      10-04-2013, 12:37 PM   #23
MatrixE93
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Quote:
Originally Posted by JAL0988 View Post
Correct me if I'm wrong but can't you go to BMW and extend the warranty?
Yes you can, I'm actually going to a BMW dealership right now to get a quote.
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      10-04-2013, 01:06 PM   #24
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1998 Honda/Civic  [0.00]
2005 Yamaha R1  [0.00]
2011 Infinity G37x  [0.00]
2010 335i  [0.00]
no warranty since hitting 50k.... just passed 60k
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      10-04-2013, 01:29 PM   #25
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Quote:
Originally Posted by Sparkee View Post
As for extended warranties, they are effectively insurance policies. And the insurers are guaranteed to set them up so that they statistically cost each insured party more than that party will statistically get in return. Meaning you, as the buyer, are more often than not going to lose money.
I have no idea why this is such a difficult concept for so many people to understand...
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      10-04-2013, 01:38 PM   #26
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I have one. $200 a month to car break fund :/.
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      10-04-2013, 02:18 PM   #27
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I spent $3400 on a 200,000 km , no time limit warranty for piece of mind for years of ownership to come. I can't sleep with one eye open, wondering if something might break today and having to come up with a couple of Gs on the spot.
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      10-04-2013, 02:31 PM   #28
Roberto Cervezas
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Quote:
Originally Posted by srezzo View Post
I have no idea why this is such a difficult concept for so many people to understand...
Agreed. People freak out about the thought of a $2000 repair but have no problem buying a $3000 warranty that they may never use. Everyone in my family drives a BMW and NO ONE has ever had a repair that was over $1000.
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      10-04-2013, 02:33 PM   #29
Mayuri Krab
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Don't have a proper one besides a (effectively) useless 3rd party warranty provided by the dealer I bought the car from (not a BMW dealer).

Money spent so far (besides oil/filter changes):

1) Transmission leak fix
2) Brake rotors + pads all round
3) Spark plugs

Only the 1st one would have being fixed for free if it had BMW warranty, so not doing too pad I guess...
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      10-04-2013, 02:47 PM   #30
Mardio
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Quote:
Originally Posted by MatrixE93 View Post
I'm mechanically inclined myself and actually prefer to do repairs myself because in my experience the average shop mechanic isn't looking up torque specs and going by the book on most repairs. I've always had trouble trusting someone else to do a job, do it yourself and you know it's done correctly.
+1
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      10-04-2013, 04:28 PM   #31
bob.g
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none since 09, but i dont put many kms on it.
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      10-04-2013, 05:04 PM   #32
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I'm out of warranty. There's an honest shop close to where I live that takes care of my car at really fair prices, so I'm not too worried.
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      10-04-2013, 05:55 PM   #33
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I just picked up a 2011 335is yesterday. It was CPO, a big deciding factor in my purchase.

Last edited by alexg212; 10-04-2013 at 07:15 PM. Reason: typo
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      10-04-2013, 06:29 PM   #34
ericgl
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I can see some attraction of a warranty backed by the manufacturer, but I have friends with 3rd party plans find out the company went bankrupt once they tried to make a claim.

I recommend due diligence when you buy the car, records and PPI, then put a little away for repairs.
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      10-04-2013, 07:19 PM   #35
gds52
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Quote:
Originally Posted by Sara504 View Post
Lease ftw
only good for limited driving :-)
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      10-04-2013, 07:25 PM   #36
gds52
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I guess you can still get BMW extended warranty.
Do not go for after market warranty.
If you are really paranoid, keep some money on the side every month for the repairs.
Find a good local shop.
For regular maintenance work like oil change, brake work, BMW dealership is the cheapest. You need to have a good relation with your SA, you can even get discounts on some repairs.
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      10-04-2013, 07:49 PM   #37
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My CPO warranty expires in January. I've had the car since 32k, it now has 72k. In those 40,000 miles CPO has paid for the following:

-Water Pump
-6 injectors
-3 ignition coils
-Walnut blast of intake valves

- 2x HPFP - but these would have been covered under the part specific warranty without CPO

I don't know exactly how much I paid for CPO since it was lumped in with the car, but I'd say these repairs could have cost $3 - 4k at a dealership. I'm planning on having an Indy inspect before warranty expires to see if she needs anything else done. I'm not too concerned about being out of warranty since the main weak points have already been repaired or replaced (some twice).

Hopefully my experience helps. Warranties are like putting money on red or black. There's no way to know if it will pay or not. I bought a 3rd party warranty for my wife's car, a Nissan Murano, for $2k and it has already paid close to $5k with 3 years 30k miles to go. It could have just as easily gone the other way, but I wanted the piece of mind.

The main thing is to take care of the car if you're out of warranty. Follow Mike Miller's maintenance schedule and pray you don't have a lemon.
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      10-05-2013, 01:38 PM   #38
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Bought car at 100k after CPO expired for the previous owner. Im a experienced mechanic and take care of my cars myself. However if I were in your situation I would add up the cost of typical repairs for these cars over the warranty period. Then compare that to the cost of the warranty. Also weigh in the cost of random large repairs. The engine probably isn't going to die but something like a convertible top could be a large repair. Keep in mind that these companies are out to make money through these warranties and they profit off the fear of expensive repairs and piece of mind. So chances are the repairs you'll encounter will be less than the cost of the warranty, otherwise the warranty company wouldn't be in business anymore. A transferable warranty can improve the resale value of a car if you plan to sell it off later.
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      10-05-2013, 02:09 PM   #39
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This is my second 335 with no warranty. First one I bought was an 07 with 40k and I lost it at 80k miles. Never had any problems so never would have used a warranty even if I had one. My new to me 335 is an 09 with 25k. I am not worried.
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      10-05-2013, 02:30 PM   #40
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No warranty here. I debated on it but decided against it. I will try to do things myself or take to an indy.

I also only drive my car 10k miles a year and baby it so i dont think the warranty would pay for itself in my case, at least im hoping this to be true.

Have had the car for about 6 months and just spark plugs changed so far. 150 bucks
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      10-05-2013, 02:32 PM   #41
tennis_pr0
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Quote:
Originally Posted by Titanium3er View Post
My CPO warranty expires in January. I've had the car since 32k, it now has 72k. In those 40,000 miles CPO has paid for the following:

-Water Pump
-6 injectors
-3 ignition coils
-Walnut blast of intake valves

- 2x HPFP - but these would have been covered under the part specific warranty without CPO

I don't know exactly how much I paid for CPO since it was lumped in with the car, but I'd say these repairs could have cost $3 - 4k at a dealership. I'm planning on having an Indy inspect before warranty expires to see if she needs anything else done. I'm not too concerned about being out of warranty since the main weak points have already been repaired or replaced (some twice).

Hopefully my experience helps. Warranties are like putting money on red or black. There's no way to know if it will pay or not. I bought a 3rd party warranty for my wife's car, a Nissan Murano, for $2k and it has already paid close to $5k with 3 years 30k miles to go. It could have just as easily gone the other way, but I wanted the piece of mind.

The main thing is to take care of the car if you're out of warranty. Follow Mike Miller's maintenance schedule and pray you don't have a lemon.
Wouldnt the injectors have been covered out of warranty also?
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      10-05-2013, 02:58 PM   #42
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I've own my car with high mileage (2006 330xi bought with 118k) and it has yet to need anything outside of regular maintenance. I do everything myself on the car anyway. Though I do "treat" it to some dealer service if my local dealership is having a deal on any service. A warranty wasn't even gonna be an option for me. lol
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      10-05-2013, 03:59 PM   #43
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2006 BMW 330i  [4.11]
My CPO warranty ended last March.

Thankfully I got most of the common issues done under warranty. Now I'm driving it until the car dies lol.

Last edited by DC_Oldboy; 10-05-2013 at 04:21 PM. Reason: Spell check
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      10-05-2013, 04:01 PM   #44
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I don't have a warranty. I do my own preventative maintenance very regularly and I don't abuse my car (I drive it hard, but only when properly warmed up and not for long periods of time). The only corrective maintenance I've needed to do was a LP fuel sensor, which I bought online for around 60 dollars and installed myself in a couple of hours.

I don't believe there is a need for a warranty if you ensure preventative maintenance is done properly and on time and that you don't 'ask too much' of your vehicle in extreme conditions.
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