[jw3571]

Is there a factory extended warranty that you can purchase at the time you buy the car? If so, how much extra coverage do you get and how much is it?

[Jakerx]

Originally Posted by jw3571

Is there a factory extended warranty that you can purchase at the time you buy the car? If so, how much extra coverage do you get and how much is it?

Here you go Pricing varies widely between dealerships. All options are several thousand dollars.

Here are some pricing options I've found:

5 years/75k - $5349
5 years/100k - $5849
6 years/75k - $6199
6 years/100k - $6849
7 years/75k - $6999
7 years/100k - $8299

The above is for platinum coverage (everything). Not really worth it in my opinion. Up to you.

[jw3571]

Wow pretty steep pricing.

[Aronis]

You can go on myBMW website and see the choices.

Steep Price? Not really. Try pricing a repair....if you keep these cars for 100k miles you will be happy you spend the extra money up front. What is too bad is the 7 year limit. You probably can go after market for a longer warrantee year wise.

You can get Powertrain+ for less.

5 year/75000 $3100
5 year/100,000 $3700

etc

up to 7 year/100,000 for $5000.

This is from the original warrantee start date so watch the clock carefully before you buy an extended warrantee.

I would not own such a car without a comprehensive service plan pre-paid. Once my extended warrantee ran out on my 2003 RS6 it became VERY expensive to keep on the road.

Mike

[jw3571]

Have many people on here opted for the extended coverage? It seems like most people on here lease or just switch cars before the warranty expires. I tend to keep my cars longer.

[floating.spirit]

Originally Posted by jw3571

Have many people on here opted for the extended coverage? It seems like most people on here lease or just switch cars before the warranty expires. I tend to keep my cars longer.

Anyone have data on % of M5s leased versus purchased?

[floating.spirit]

Originally Posted by Aronis

You can go on myBMW website and see the choices.

Steep Price? Not really. Try pricing a repair....if you keep these cars for 100k miles you will be happy you spend the extra money up front. What is too bad is the 7 year limit. You probably can go after market for a longer warrantee year wise.

You can get Powertrain+ for less.

5 year/75000 $3100
5 year/100,000 $3700

etc

up to 7 year/100,000 for $5000.

This is from the original warrantee start date so watch the clock carefully before you buy an extended warrantee.

I would not own such a car without a comprehensive service plan pre-paid. Once my extended warrantee ran out on my 2003 RS6 it became VERY expensive to keep on the road.

Mike

Hey Mike, for example, what was a big bill you got?

[norbtx]

Please stop using the misleading marketing numbers for the extended warranty. For example the 5year/75,000 miles is really just a 1 year/25,000 mile extension of the factory warranty. Same with the money factor when leasing. Just a marketing trick to make it seem less than it seems.

[Aronis]

Originally Posted by floating.spirit

Hey Mike, for example, what was a big bill you got?

After-warrantee issues can be very expensive as such cars age. Things go. Oil leaks happen. I spent a fortune fixing my RS6 for an oil leak after the warrantee was up. And then little things started to go, electronic things.

Mike

[ambletx]

I'd never own any BMW/Merc/Audi/etc. out of warranty. Been there, done that with a Merc I used to own.

[northtorque]

Originally Posted by norbtx

Please stop using the misleading marketing numbers for the extended warranty. For example the 5year/75,000 miles is really just a 1 year/25,000 mile extension of the factory warranty. Same with the money factor when leasing. Just a marketing trick to make it seem less than it seems.

+1 ^ Yes, the price for the "5 year" is steep when you realize it is actually just a one year extension of factory warranty vs. the 7 year which has a significantly lower per year cost (3 additional years covered). When running comparisons look at 5,6,7 year as actually 1,2,3 year extensions and it makes the valuations more accurate. Same with miles/km over and above normal factory warranty. Negotiate hard on these at end of sale / finalize and even walk away for there is an easy 1-2k discount to be had on the 7 yr warranties (they have both an invoice and mrsp - delta around 20-25% if I recall correctly). The one that extends the BMW factory warranty is the best because there is no diagnostic fee, no deductible, and it is transferable to another owner (but not dealer) should you wish to sell the car in the future - that is worth a few thousand to me in and of itself on a private sale. In the end, when you factor in the peace of mind and improved resale, it is less than a cup of coffee per day (less than 2 bucks/day).

[Hirenarora]

I got Geico's mechanical breakdown coverage. Good for 6yr/100k miles @ $240 a year with a $200 deductible.

[Bastiano]

Gotta LOVE Geico for that reason alone. And it’s transferable to other Geico policy holders. Up until 2006 it was unlimited mileage and unlimited years and, again, transferable. They even covered exotics for 10 years. Not anymore.....

[Gassy]

You might consider EasyCare, an after-market warranty company sold through many BMW dealers. I bought an 84 month, 85,000 mi. bumper to bumper policy (Total Care) for $4750. I had EasyCare, the same coverage, on my 750i, and it saved me about $3000 in non-covered repairs during the years I owned it. If you keep your cars, get the extended warranty.

[marcvtec]

The way I see it, things tend to go little by little after 150KM on the odo.
So I keep my 10 K and will spend what is needed at what point it is required.
And not pay twice.
My 335 ran 12 years, and 230K on the odo, and actually sold it to my mechanic for $ 9,500, only spent about 5-6k in repairs, and was full FBO tune and all.

[MikeStammer]

i switched to geico for the mechanical breakdown insurance for 250 a year.

[Dinahmohumm]

As a former RS6 owner I echo Mike's comment:

1. the Dynamic Ride Control Suspension -- shot after 25k miles
2. torque converter shot at 35k miles
3. water pump shot at 30k miles (and try getting to a water pump on an RS6 )
4. timing belt service required every 35k miles
5. front bushings shot at 35k miles

BUT --- like the M5C it was a riot to drive.