BMW wants a ** load for extended warranty

[Hellotalkie]

Parents own a 2009 x5 4.8i. Running close to 50k miles soon. Which means warranty is running up. Extended warranty (mind you not even maintenance included) is 4563 for an additional 6 years or 100,000 miles. Things already have been repaired, heater, nav system and a one or more things.

What even got me was a 50 dollar deductible for any occurrence, like 4563 wasn't even enough.

Ya ya I know its a bimmer but I think this Dealership is priced a tad bit high then everyone else i'm reading on forums.? I was expecting around 2500 but they want at least 2800 for just the maintenance warranty.

Should I mention to my parents to just skip the warranty and just pay repairs out of pocket or get rid of the 14mpg "SAV"

btw this is sonnen bmw, bay area.

Thread Title Edited
AT Mod
Gillbot

 

[Vetterin]

BMW wants a sh!t load for ANYTHING!

 

[JulesMaximus]

That's because it will cost a small fortune to fix. They know that so they base the price on what they think might break in the next 6 years. Hey, they have to make money on you somehow and make you feel like you're getting a good deal right?

 

[PricklyPete]

Isn't it just an additional 2 years to the base 4, and an additional 50K miles to the base 50K. Since you're at 50K now...you essentially are buying a 3 year or 50k mile warranty at this point.

In reality, you have a reasonable chance of paying that $4500 in repairs over the next 3 years 50K miles as BMW's are far from the most reliable. I still wouldn't get it...I'm not a warranty guy...but that doesn't mean it is the prudent thing to do. I also spend way to much on my cars...that's not prudent either.

 

[Don Vito Corleone]

Isn't it just an additional 2 years to the base 4, and an additional 50K miles to the base 50K. Since you're at 50K now...you essentially are buying a 3 year or 50k mile warranty at this point.

I'm pretty sure this is correct. I have a Certified Pre-Owned BMW and have essentially the same warranty - 6 years from date-in-service or 100K miles, whichever comes first. In the case of the OP's parents this warranty would run out in less than a year and a half given how much they drive. If the car has been reliable thus far I probably would skip the extended warranty.

OP, I believe you can get this warranty somewhat cheaper from another dealer - there are some dealers who may sell it at a discount, and BMW doesn't care where you bought it - all they see in their computer is that you have coverage. Try BMW of Silver Spring, MD (formerly Tischer BMW) - they have the best online parts prices on the Internet and might give you a deal on the extended warranty as well.

 

[bruceb]

If it really does extend the warranty by an additional 6 years and another 100K miles, then you should get it, but maybe not at that dealer. If it only extends it to 6 years / 100K from date of purchase, maybe not. But you then need to consider how much it will cost for dealer to fix some things on a BMW. I have seen brake jobs go for $800 or more. Perhaps if you do some work yourself, it will be cheaper, at least in labor and you would not have parts markup cost.

 

[Hellotalkie]

I'm pretty sure this is correct. I have a Certified Pre-Owned BMW and have essentially the same warranty - 6 years from date-in-service or 100K miles, whichever comes first. In the case of the OP's parents this warranty would run out in less than a year and a half given how much they drive. If the car has been reliable thus far I probably would skip the extended warranty.

OP, I believe you can get this warranty somewhat cheaper from another dealer - there are some dealers who may sell it at a discount, and BMW doesn't care where you bought it - all they see in their computer is that you have coverage. Try BMW of Silver Spring, MD (formerly Tischer BMW) - they have the best online parts prices on the Internet and might give you a deal on the extended warranty as well.

I talked to the BMW in my area (ohio), they said they physically need the car to see some diagnostics. I stopped looking for out of state dealerships after that.

 

[satyajitmenon]

If it really does extend the warranty by an additional 6 years and another 100K miles, then you should get it, but maybe not at that dealer. If it only extends it to 6 years / 100K from date of purchase, maybe not. But you then need to consider how much it will cost for dealer to fix some things on a BMW. I have seen brake jobs go for $800 or more. Perhaps if you do some work yourself, it will be cheaper, at least in labor and you would not have parts markup cost.

It would be a lot cheaper if you did those post-warranty repairs at an Indy shop.

 

[Hellotalkie]

Looking at the Maintenance program, it seems all that is covered is brakes, oil changes and wipers?

And yes the dealer reworded his email and mentioned it was for an additional 2 years.

Parents aren't going to go for either deal and will probably shop around for better pricing on a bmw warranty.

 

[KIAman]

Uhh, check other BMW dealers. They are gouging you.

I purchased 100k mile warranty for a little over 2k and 100k mile maintenance for 2.5k for my bimmer.

 

[satyajitmenon]

Uhh, check other BMW dealers. They are gouging you.

I purchased 100k mile warranty for a little over 2k and 100k mile maintenance for 2.5k for my bimmer.

I think the price for the warranty will depend on the model in question. The X5 4.0 I'm sure would be more expensive - partly because of cost of parts, and also known failure rate.

Having said that, you're right. $4500 is really just price gouging.

 

[Hellotalkie]

I think the price for the warranty will depend on the model in question. The X5 4.0 I'm sure would be more expensive - partly because of cost of parts, and also known failure rate.

Having said that, you're right. $4500 is really just price gouging.

4.8

which is ridiculous, I hear the engine is even bigger in the 2011 models, 4.9? 5.1?

 

[satyajitmenon]

4.8

which is ridiculous, I hear the engine is even bigger in the 2011 models, 4.9? 5.1?

What's wrong with a bigger engine?

Powwwah!!

 

[MiataNC]

There are few cars more expensive to maintain than a BMW.

Out of warranty repair costs are stroke inducing.

I tell anyone interested in a BMW to lease and walk away after 3 years.

 

[Hellotalkie]

Just emailed the Bmw in silver spring. See what they say

 

[Hellotalkie]

What do you guys think of just getting rid of the car all together and getting something more reliable, efficient? I just can't see that warranty being beneficial with it being so much. Trade in value is about 43,000 and was originally purchased for almost ~ 72,000 minus 20,000 trade to about 52,000

 

[Pantoot]

edit: I can't compare mine because i don't know all the details of what the warranty covers

price does seem to be on the high side though...

 

[Doppel]

What do you guys think of just getting rid of the car all together and getting something more reliable, efficient? I just can't see that warranty being beneficial with it being so much. Trade in value is about 43,000 and was originally purchased for almost ~ 72,000 minus 20,000 trade to about 52,000

On a car that expensive I could easily see repairs exceeding the cost in your first post. Of course, chances are BMW will make money on it so chances are you'd otherwise pay less, but it may be worth peace of mind to drop the $4k and not pay way, way more if something nasty happens with it.

Certainly if you replace it with a Rav4 it will be cheaper, but it won't be a bmw.

 

[Maleficus]

I paid 1800 for my 3 series.

 

[mgttr]

It would be a lot cheaper if you did those post-warranty repairs at an Indy shop.

A good approach except that the complexity of these cars is such that an independent shop can't always handle everything. At least that was my experience with a 2000 328i. Sometimes my independent BMW specialist would tell me "We can't diagnose this problem - you'll have to take it to the dealer."

 

[SpatiallyAware]

A good approach except that the complexity of these cars is such that an independent shop can't always handle everything. At least that was my experience with a 2000 328i. Sometimes my independent BMW specialist would tell me "We can't diagnose this problem - you'll have to take it to the dealer."

My experience with BMW dealers has overall been terrible. I've had the car ~20k miles and have had 3 minor problems. Every time they fix something I find something else they screwed up.. Replace mudflap thing, but left a plastic tab obviously exposed and installed incorrectly. New tires but scratched wheels. Stereo acting funny, now it acts funny but in a different way. They're always quick to fix the extra issue or whatever, but in my opinion all of these "free warranty services" makes them less careful from the get go. The old 'you get what you pay for' needs to include '..if you're paying on the spot'.

I've only gone to one independent shop but my impression was not that great either, I ended up not leaving my car with them. From what I've heard the tuner type places are the best but their hourly rates are typically $$+$

 

[alkemyst]

I talked to the BMW in my area (ohio), they said they physically need the car to see some diagnostics. I stopped looking for out of state dealerships after that.

They are probably going to CPO your car at the same time.

 

[wirednuts]

every city has at least one good indy repair shop that will fix that bmw for half the cost of the dealer.

i wouldnt spend that much for a 50k warranty. most likely you wont see any major trouble in that time, and if you do then the car is a pos lemon anyway.

 

[PricklyPete]

There are few cars more expensive to maintain than a BMW.

Out of warranty repair costs are stroke inducing.

I tell anyone interested in a BMW to lease and walk away after 3 years.

The funniest thing is that my local dealership down here sends me "coupons" each month for service. There is an asterisk next to every "deal" they state in the coupons that says "Not valid for M cars". So I get a crap ton of coupons I couldn't even use if I wanted to.

 

[Hellotalkie]

Yeah when I first saw the x5, outside and inside looked very nice. I was expecting the high sticker price etc...but it sorta pissed me off that it was missing some things that should be standard on any luxury vehicle. Doesn't have a USB/ipod port, no remote start, leather seats are pretty stiff. The idrive system is crap, navigation is crap (why are they still using dvd's for nav??) Voice control is a joke, they should seriously looked in a SYNC system or something similar.

Also rant about idrive. I'm pretty tech savvy but I still cannot figure out the climate control system. Temperature settings all over the place, hell it would be hard to even turn on the A/C to the footwell without navigating through the system.

Transmission is very indecisive, has a hard time choosing what gear to be in.

O well not my car or choice


Next car purchase i'm saying something, more for your money is an Acura or something similar