[fullsmoke]

Hello all,

New to the forum, taking delivery of a 2021 M5 soon! Sorry if this isn't in the correct category, but couldn't find one better...

What do you guys think of the protection plans? Tire and wheel? Cosmetic? Brake and rotors?

I plan to track the car maybe once or twice a year...

Thanks!
FS

[AHall]

Tire and wheel protection has been money well spent for me. I don't know how many tires and at least one wheel my wife has had replaced for free under this plan. It also covers wheel rash. It may depend on the dealership, but there has been really no resistance to claims made for almost any tire or wheel cosmetic failure.

[pcai]

Just do tire and wheels, since it's a lease you're not likely not gonna ppf the car, and you shouldn't really worry about road rash and rock chips since again, it's a lease; so no point getting an appearance protection plan.

[Jking809]

Originally Posted by AHall

Tire and wheel protection has been money well spent for me. I don't know how many tires and at least one wheel my wife has had replaced for free under this plan. It also covers wheel rash. It may depend on the dealership, but there has been really no resistance to claims made for almost any tire or wheel cosmetic failure.

Do the lease car come with gap insurance or is that extra? if you know

[POBA]

Originally Posted by Jking809

Do the lease car come with gap insurance or is that extra? if you know

To my knowledge all BMW leases come with gap insurance (no extra fee) ....

[POBA]

I got the wheels and tires protection and it was money well spent, at least for me.
I would definitely get the "BMW maintenance refresh plan" especially if you are going to track the car, to cover brake pads and rotors and also wiper inserts. It is around $700ish retail, may be more now. You can negotiate the price down with the dealer. I got it too. So you could enjoy your car headache free. Good luck and stay safe and healthy!!

[fullsmoke]

Originally Posted by POBA

I got the wheels and tires protection and it was money well spent, at least for me.
I would definitely get the "BMW maintenance refresh plan" especially if you are going to track the car, to cover brake pads and rotors and also wiper inserts. It is around $700ish retail, may be more now. You can negotiate the price down with the dealer. I got it too. So you could enjoy your car headache free. Good luck and stay safe and healthy!!

Thanks for the advice fellas! But do you think I'll go through pads and rotors that quickly with maybe one or two track events a year? I assume BMW would replace the worn out pad AND rotors at the same time and not just pad slap?

FS

[POBA]

Originally Posted by fullsmoke

Thanks for the advice fellas! But do you think I'll go through pads and rotors that quickly with maybe one or two track events a year? I assume BMW would replace the worn out pad AND rotors at the same time and not just pad slap?

FS

It depends on your driving habits, most likely you will need them replaced before lease end. BMW new car warranty does NOT cover brake pads and rotors anymore. The "BMW maintenance refresh plan" is a must at least for me. I drive my car the way it was intended to be driven lol. Make sure not to pay retail for it, the price is negotiable. Have fun, you will love it ...

[fullsmoke]

Originally Posted by POBA

It depends on your driving habits, most likely you will need them replaced before lease end. BMW new car warranty does NOT cover brake pads and rotors anymore. The "BMW maintenance refresh plan" is a must at least for me. I drive my car the way it was intended to be driven lol. Make sure not to pay retail for it, the price is negotiable. Have fun, you will love it ...

Thanks! Any advice on how to negotiate this? I did not think of this prior to negotiating the lease...

[Maverik259]

Dealer wanted like $2.5k for wheel and tire plan so I said no to that and they wouldn't negotiate. I did do the full maintenance plan for $800 to cover me through the lease for at least brake pads and rotors. Peace of mind to drive it like I stole it at least.

[POBA]

Originally Posted by fullsmoke

Thanks! Any advice on how to negotiate this? I did not think of this prior to negotiating the lease...

Just share with your CA that you want to add the maintenance plan and ask him if they could discount it below retail, I am sure they will do something. Good luck, keep us posted and can't wait to see the beast pics...

[Maverik259]

Originally Posted by POBA

Just share with your CA that you want to add the maintenance plan and ask him if they could discount it below retail, I am sure they will do something. Good luck, keep us posted and can't wait to see the beast pics...

All my dealer did when I bought mine after the lease was send me to their finance guy and I had to work with him. Some Austrian or Swiss dude too. Very intimidating with his European accent! Haha

[lsal]

Originally Posted by Maverik259

All my dealer did when I bought mine after the lease was send me to their finance guy and I had to work with him. Some Austrian or Swiss dude too. Very intimidating with his European accent! Haha

You don't even need to ask... just say you don't want it and they'll start negotiating against themselves 😂

[Maverik259]

Originally Posted by lsal

You don't even need to ask... just say you don't want it and they'll start negotiating against themselves 😂

I did just that to the dealer I bought the car through. Told him it was a bit more than what I have seen others pay and he didn't bat an eye. Just moved on to the next page of the contract. Lol

[lsal]

Originally Posted by Maverik259

I did just that to the dealer I bought the car through. Told him it was a bit more than what I have seen others pay and he didn't bat an eye. Just moved on to the next page of the contract. Lol

Wow, first I've heard of this

[Maverik259]

Originally Posted by lsal

Wow, first I've heard of this

Ya I wasnt too worried. I'm good at not curbing rims and the wife won't drive the car (she's terrified of damaging it). I did opt for the much cheaper lease return insurance or what we it's called. Basically covered any damage, tires, etc upon lease conclusion. And I got the extended maintenance plan to cover the brakes. Figured I should be covered. Expect to replace tires maybe 1-2x over the next 3 years.

[lsal]

Originally Posted by Maverik259

Ya I wasnt too worried. I'm good at not curbing rims and the wife won't drive the car (she's terrified of damaging it). I did opt for the much cheaper lease return insurance or what we it's called. Basically covered any damage, tires, etc upon lease conclusion. And I got the extended maintenance plan to cover the brakes. Figured I should be covered. Expect to replace tires maybe 1-2x over the next 3 years.

Good luck! Enjoy the beast!

[fullsmoke]

Thanks, guys! So, they allow for a slight discount if you've owned a BMW in the past--I believe it was 200-250 off for the tire and wheel and the brake maintenance packages.

The tire and wheel plan (just for structural problems) was around 2880 without the discount. The brake maintenance plan was around 1100. Apparently the prices have spiked in past years (or so I'm told)...

Just FYI, the brake package can be added after you take delivery but premiums may go up if it's been awhile. The tire and wheel plan must be purchased prior to leaving the dealer lot.

Hope this helps someone.

[POBA]

Now, you guessed it... we need pics to admire the beast!

[Crumbs]

always get wheel and tire thats about it, ill mull over the extended for brakes etc. Better safe than sorry

[Bimmr7]

Do it!!!

Saved me thousands on my wife’s last two leases.
On her X1 I was able to negotiate the price down from $1200 to $800 back in 13. However, on her 535i in 16 I was not able to negotiate the price but it was worth it and lease turn in.

[greentrbo95gst]

Originally Posted by AHall

Tire and wheel protection has been money well spent for me. I don't know how many tires and at least one wheel my wife has had replaced for free under this plan. It also covers wheel rash. It may depend on the dealership, but there has been really no resistance to claims made for almost any tire or wheel cosmetic failure.

I always get tire and wheel and it pays for itself many times. I was told that the wheel has to be cracked for it to be covered and they wouldnt cover wheel rash.