Bought my first BMW E92 (montego)! Advice on extended warranty (2007 at 67k miles)

2 3pair · 08-31-2010, 07:57 PM

Quote:

Originally Posted by Alpine3

Nice but thats a lot of miles.

Sorry, but 67k isn't really that high for mileage if it was well cared for. And he paid $19,500??!! That's awesome. That's about what I paid for my 2004 ZHP with 32,000 miles about a year ago.

Good job and nice car.

ishmaelali · 08-31-2010, 08:31 PM

Quote:

Originally Posted by 2 3pair

Sorry, but 67k isn't really that high for mileage if it was well cared for. And he paid $19,500??!! That's awesome. That's about what I paid for my 2004 ZHP with 32,000 miles about a year ago.

Good job and nice car.

Thanks. Yeah, I had a detailed pre-purchase inspection and the car is in good shape. And you're right, 67k is not bad considering the price tag of 19,250. More $ for mods.

2M · 09-01-2010, 05:06 PM

Quote:

Originally Posted by 2 3pair

Sorry, but 67k isn't really that high for mileage if it was well cared for. And he paid $19,500??!! That's awesome. That's about what I paid for my 2004 ZHP with 32,000 miles about a year ago.

Good job and nice car.

The price is reflected upon the mileage, so yeah someone can't expect more than $20k for a 70k mile,out of warranty, 4 year old 3 series. Nonetheless , i love the car, looks clean and taken care of. Btw, your 04' ZHP is rare and your engine is bulletproof and your miles are very low. I'd say the ZHP is worth every cent if that's what you are into.

ishmaelali · 09-01-2010, 05:10 PM

Quote:

Originally Posted by Alpine3

The price is reflected upon the mileage, so yeah someone can't expect more than $20k for a 70k mile,out of warranty, 4 year old 3 series. Nonetheless , i love the car, looks clean and taken care of.

I entered the specs of my car at kbb.com

Fair Trade in is $20,225 and this car is in excellent condition. That's a good deal!

36 x 26 · 09-01-2010, 05:18 PM

Did it have a CPO?

I got my 06 E90 in 08. It had 22k on the clock. My CPO warranty goes to 100k or 2012.

If its covered under the CPO, I only have to pay a 50 dollar "deductible".

2M · 09-01-2010, 05:22 PM

Quote:

Originally Posted by ishmaelali

I entered the specs of my car at kbb.com

Fair Trade in is $20,225 and this car is in excellent condition. That's a good deal!

$19,500 or $20,225 is the same thing. You get what you pay for , if the mileage doesn't bother you, then yes, it's a good deal for you because you get a 335 for $19.5. Personally when i buy a car mileage is very important to me, i chose a lower mileage 328 coupe than a higher mileage 335 sedan for the same price last year when i was buying my car. My car had 20k and the 335 had 45k.

2M · 09-01-2010, 05:30 PM

Quote:

Originally Posted by 36 x 26

Did it have a CPO?

I got my 06 E90 in 08. It had 22k on the clock. My CPO warranty goes to 100k or 2012.

If its covered under the CPO, I only have to pay a 50 dollar "deductible".

Im so jealous of your garage. B5 S4 has been my dream car since i was 16. Decided it was too old when i was buying a new car last year. Im on the lookout for 1 now to make it my project baby

.

Quasimodem · 09-01-2010, 06:02 PM

Perfect color.

Do we get an extended warraanty with that color too?

killbill · 09-01-2010, 07:45 PM

Nice car...Price really good. I agree don't worry bout the mileage. BMW is made to go hard

ak335 · 09-01-2010, 08:19 PM

awesome price, congrats

gimmes name · 09-01-2010, 08:23 PM

Mercury Warranty. Had them for my XC90, which had TONS of problems. I had a 0-deductible plan, and took it to the dealer everytime. not a single issue, they dealt with the dealers directly. a few days later, I'd just go pick my car up no questions asked. Also used them for a couple of other cars, and couldn't be happier. I don't remember the price

ishmaelali · 09-02-2010, 09:00 AM

Quote:

Originally Posted by 36 x 26

Did it have a CPO?

I got my 06 E90 in 08. It had 22k on the clock. My CPO warranty goes to 100k or 2012.

If its covered under the CPO, I only have to pay a 50 dollar "deductible".

Unfortunately no CPO, but it did come with extended maintenance. I'm shopping for an extended warranty right now. Think I found a pretty good one, with no consumer complaints (Genuine Warranty Solutions out of Arizona). 5 yr / unlimited mileage, $3378, $50 ded, Exclusionary contract.

Something I learned that many folks could benefit from....you will find that many extended warranty csr's will say no company offers exclusionary contracts for cars over 60k (outside manufacturers warranty). Not true, a few companies do it.

ishmaelali · 09-02-2010, 09:02 AM

Quote:

Originally Posted by Quasimodem

Perfect color.

Do we get an extended warraanty with that color too?

I should have negotiated that when I bought it.

ishmaelali · 09-02-2010, 09:03 AM

Quote:

Originally Posted by gimmes name

Mercury Warranty. Had them for my XC90, which had TONS of problems. I had a 0-deductible plan, and took it to the dealer everytime. not a single issue, they dealt with the dealers directly. a few days later, I'd just go pick my car up no questions asked. Also used them for a couple of other cars, and couldn't be happier. I don't remember the price

Thanks for the tip, I'll get a quote from them.

ishmaelali · 09-03-2010, 09:41 AM

Update for those subscribed. More research completed on extended warranties. This is pretty obvious, but always read the fine print. When I read the fine print, red flags are raised. Right now the only reason I'm still considering the extended warranty is because I'm betting on a possible turbo failure within 5 years. Anyways, here are the red flags in the fine print:

1. Reasonable cost to repair is determined by a combination of Alldata and all other national acclaimed repair guidelines. (they don't specify an estimated rate for labor)
2. Holder is responsible for paying a deductible chosen on the application page per repair (per repair seems like they will try to charge multiple deductions per claim)
3. Service may be denied for pre-existing conditions as reasonably determined by the Provider based upon the reasonable reliance of the time and mileage on the vehicle and the results of a claim inspection (not sure how much leverage they have here if i got a PPI)
4. Company may use new, used, rebuilt, or remanufactured parts at company's discretion. We reserve the right to move the vehicle to an alternative repair facility and to use the most economical price available for parts and components (they don't specify what economical is)

bimmer_335 · 09-03-2010, 11:52 AM

google route66 warranties... but they dont sell directly to public. You will have to find a dealer or bank to go thru... they offer upto 100k coverage.

09-01-2010, 05:18 PM	#27
36 x 26 New Member 0 Rep 10 Posts Drives: E90 \| B5 S4 \| Six13 Join Date: Apr 2010 Location: So Cal iTrader: (0)	Did it have a CPO? I got my 06 E90 in 08. It had 22k on the clock. My CPO warranty goes to 100k or 2012. If its covered under the CPO, I only have to pay a 50 dollar "deductible".
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09-01-2010, 06:02 PM	#30
Quasimodem Colonel 147 Rep 2,383 Posts Drives: 335d Join Date: Oct 2008 Location: California iTrader: (0) Garage List 2009 335d US [0.00]	Perfect color. Do we get an extended warraanty with that color too? __________________ Speakers: CDT Audio HD-42 comps--front doors (RAAMmat deadened), CDT ES-06 6.5" woofers--kickpanl Pods, Hertz EBX202R dual 8" ported trunk sub. Amps: Phoenix Gold RSd 500.4 (comps & pods). PG RSd 600.1 (sub). Power & Ground: 4AWG Streetwires w/RockFosgt RFDB1 distro blocks. Input: HU lineout--Kicker KISL RCA adapters--RockFosgt RFIT-6 cables--Audiocontrol Matrix--Monster cables--RSd 500.4--lineout Monstr Cabl to RSd 600.1.
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09-01-2010, 07:45 PM	#31
killbill Enlisted Member 17 Rep 45 Posts Drives: 328i e92 & 2015 328i GT xDrive Join Date: Mar 2009 Location: San Diego iTrader: (0)	Nice car...Price really good. I agree don't worry bout the mileage. BMW is made to go hard __________________
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09-01-2010, 08:19 PM	#32
ak335 Lieutenant Colonel 117 Rep 1,564 Posts Drives: Cayman S Join Date: Jun 2008 Location: Northern Va iTrader: (3)	awesome price, congrats __________________
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09-01-2010, 08:23 PM	#33
gimmes name Private First Class 6 Rep 141 Posts Drives: 335 E92, 335 E93, S550, CLS550 Join Date: Nov 2008 Location: CA iTrader: (0)	Mercury Warranty. Had them for my XC90, which had TONS of problems. I had a 0-deductible plan, and took it to the dealer everytime. not a single issue, they dealt with the dealers directly. a few days later, I'd just go pick my car up no questions asked. Also used them for a couple of other cars, and couldn't be happier. I don't remember the price
	Appreciate 0 Quote

09-03-2010, 09:41 AM	#37
ishmaelali MontegoMan 15 Rep 102 Posts Drives: Montego335i Join Date: Aug 2010 Location: Dallas iTrader: (1) Garage List 2007 335i [0.00]	Update for those subscribed. More research completed on extended warranties. This is pretty obvious, but always read the fine print. When I read the fine print, red flags are raised. Right now the only reason I'm still considering the extended warranty is because I'm betting on a possible turbo failure within 5 years. Anyways, here are the red flags in the fine print: 1. Reasonable cost to repair is determined by a combination of Alldata and all other national acclaimed repair guidelines. (they don't specify an estimated rate for labor) 2. Holder is responsible for paying a deductible chosen on the application page per repair (per repair seems like they will try to charge multiple deductions per claim) 3. Service may be denied for pre-existing conditions as reasonably determined by the Provider based upon the reasonable reliance of the time and mileage on the vehicle and the results of a claim inspection (not sure how much leverage they have here if i got a PPI) 4. Company may use new, used, rebuilt, or remanufactured parts at company's discretion. We reserve the right to move the vehicle to an alternative repair facility and to use the most economical price available for parts and components (they don't specify what economical is)
	Appreciate 0 Quote

09-03-2010, 11:52 AM	#38
bimmer_335 Major 177 Rep 1,123 Posts Drives: 540 mSport Join Date: Jul 2009 Location: In the middle of nowhere, TX iTrader: (1)	google route66 warranties... but they dont sell directly to public. You will have to find a dealer or bank to go thru... they offer upto 100k coverage.
	Appreciate 0 Quote