Last post on Sep 16, 2012 at 11:07 AM
You are in the BMW 7-Series
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BMW 7 Series
#917 of 1317 Blockislandguy
Oct 30, 2003 (10:55 am)
As BMWseller mentioned, you might want to check out other warranty plans. I paid Warranty Gold $1650 for their Diamond Plus plan on my used 740i a month before the factory warranty expired. (The price is different depending on whether you buy it before the fac. warranty expires). In comparing the available plans I found WG to be the most comprehensive and flexible (especially good on the wear-and-tear issue).
For example, the best part of the WG plan for me was that their coverage period does not start until the date you buy the plan; not from the in-service date of the car. In other words, if you buy a 5-year 100k plan from WG a month before the fac. warranty expires you'll get close to NINE years of protection, assuming you don't hit the 100k mile limit before the 9 years are up. Most other plans advertise a maximum of 7 years/100k miles, but the 7 year period starts on the in-service date of the car. You're really only getting 3 additional years of coverage over and above the factory part.
This doesn't matter if you get to 100k miles on the car quickly, of course. I only have 44k on my 1998, so the extra 4 years (and 75k limit) that I bought suited my driving needs. WG will also quote you customized plans, even over 100k miles, but the price rises quickly on those. I think the quote I got for 5 extra years (limit 100k) was around $2200-$2300, IIRC. Once you get an online quote from WG they send you email "sale" notices regularly on their plans, and I was able to negotiate an extra few hundred off as well. Also keep in mind that if the CPO car is still in factory warranty you're paying for additional coverage up front. If you decide to get rid of the car early you've wasted a lot of money..
The only problem with WG (and other competitors) is that they use Chilton (or similar)rates to determine their claims reimbursements. This is fine for most shops, but your BMW dealer service department might get Bitter Beer Face over the claims "process". If you know you'll want to use a BMW dealer for repairs you might want to ask them whether they'll honor the rates before you decide.
#918 of 1317 BMW product..........
Oct 30, 2003 (11:05 am)
I'm thinking that the $1650 figure from warranty gold seems a little too good to be true. That company might go out of business, who knows? But, wouldn't you expect to pay MUCH more than that for service on a 98 model seven series in that higher mileage range?
I'd want the BMW product that I know any BMW center will honor without question.
#919 of 1317 extended warranties
Oct 30, 2003 (11:17 am)
Read about other TH members' experiences with Warranty Gold by inputting that phrase into the Keyword Search box on the left side of the page.
And scan through the list of the active discussions here at this link for further scoop on other companies: Finance, Warranty & Insurance board
#920 of 1317 BMWseller
Oct 30, 2003 (11:24 am)
I've used the WG plan at my BMW dealer.
#923 of 1317 snow tires
Nov 01, 2003 (5:41 am)
I'm going to buy a 2001 740iL. Will I need snow tires to keep move in the Northeast this year? I assume yes. I just want to factor in the $1K when making a decision.
#924 of 1317 Snow Tires in the Northeast?
Nov 01, 2003 (8:17 pm)
If you want to get to work every morning and home at night you'll need $1100 worth of tires, wheels, mounting, balancing and shipping. This $1100 will get you through only three seasons if you choose Blizzak and don't put on more than say 4K between 1 Dec and 1 April.
#925 of 1317 snow tires - jgravel
Nov 04, 2003 (11:53 am)
Earlier this year, I replaced my OEM Michelins w/ Dunlop 16" all-season Sport A2's. I'm in Boston and they're fine in the snow. Consumer Reports rates these the #1 all season tire. You will probably want to switch tires for the winter if you are currently runnin the M-Parallel tire and wheel sport package.
#926 of 1317 snow tires..thanks
Nov 05, 2003 (5:49 am)
Thanks for the responses.
I'm zeroing on a 2001 740iL with sport so I'll need to replace the tires/wheels for the winter. I'll check out what TIRERACK has to offer.