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BMW 3-Series 2006

7001 messages,  Last post on Mar 15, 2010 at 2:44 PM

You are in the BMW 3-Series Forum. Your Hosts are pat & karens

What is this discussion about? BMW 3 Series, Sedan


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#6907 of 7001
Re: 2006 330i [Mr_Shiftright] by shipo
Aug 15, 2007 (6:29 pm)
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Replying to: Mr_Shiftright (Aug 15, 2007 5:27 pm)

"Yeah but the minute your transmission fails (and I hope it never does) then you ARE in the $275 a month group..."
 
IIRC, dhanley has an honest to God, 5-Speed, three pedals under the dash, stir-it-yourself manual. When was the last time you heard of a BMW 5-Speed manual failing in a 4-5 year old car?
 
In fact, chiming in here in support of D&B (i.e. dhanley and roadburner), excepting for those early E46 323is (plural not "is") unfortunately equipped with an automatic transmission, I cannot think of any non-M BMW with an I6 engine built in the last fifteen years or so that would cost more than $100 per month on average to maintain. And if you are a DIYer, I suspect that the number is closer to $50-75 per month.
 
Best Regards,
Shipo
#6908 of 7001
Re: 2006 330i [shipo] by Mr_Shiftright HOST
Aug 15, 2007 (7:27 pm)
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Replying to: shipo (Aug 15, 2007 6:29 pm)

I'd probably bet you a good lunch you're wrong on that for the average Joe running a used Bimmer, but I don't have a clue how to collect or prove it, short of buying a used BMW I6 so.....
 
I guess my point is that after 80K, any machine is totally unpredictable. You keep saying this and that never fails but you KNOW they do...they have to...it just doesn't happen to you or me.
 
And DIY doesn't count for the average consumer, that just skews the data immensely.
 
I'd venture that if you had a shop do all your work, and you spent only $50 a month on your used Bimmer, it wouldn't be in very good shape. What do you think?
 
I'm thinkin' $150--$275 is where the bell curve starts and ends for 90% of out of warranty BMW owners....just my guess from experience. Just a WAG.
 
VEERING BACK ON TOPIC---the point is----get the extended warranty if you aren't a DIYer.
 
Fair enough statement?
#6909 of 7001
Re: 2006 330i [Mr_Shiftright] by shipo
Aug 15, 2007 (8:57 pm)
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Replying to: Mr_Shiftright (Aug 15, 2007 7:27 pm)

"You keep saying this and that never fails but you KNOW they do...they have to...it just doesn't happen to you or me."
 
Me? I don't think I've ever suggested that they don't have the occasional failure, they do. More often than other cars? I kind of doubt it. More expensive than other cars. Probably.
 
"VEERING BACK ON TOPIC---the point is----get the extended warranty if you aren't a DIYer.
  
Fair enough statement?"

 
Personally I am not a fan of extended warranties. Period, full stop, the end. I was dumb enough to buy an extended warranty for a car I purchased back in 1988, and after I got rid of that car I figured that the warranty cost me about $1,600 more than the covered repairs for the car. I haven't bought one since even though every new and used car I've had has had the option of buying such a warranty.
 
Granted I'm a DIYer and so my costs aren't as expensive as the next individual, however, the $15,000 in extended warranties that I haven't bought can be accounted against some $4,500 in repairs (which included one automatic transmission that I paid my dealership to replace). While self insuring may not pay off on any given car, over time I believe that it pays off. Why? Well if it didn't, then the companies that sell such extended warranties wouldn't stay in business very long now would they.
 
Best Regards,
Shipo
#6910 of 7001
Re: 2006 330i [Mr_Shiftright] by dhanley
Aug 16, 2007 (7:12 am)
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Replying to: Mr_Shiftright (Aug 15, 2007 7:27 pm)

Thanks, shipo, i do drive and manual, and am a bit snobbish about it too.
 
I maintain that $275/mo would be a very(atypically) expensive 3-er to maintain. Sure, it's posible if an auto tranny fails, and the engine grenades someday, but i don't think such catastrophic failure only applies to BMW's--i know people with economy cars who have been socked with buge bills for failures such as this.
#6911 of 7001
I'm Not a Mecahnic so... by circlew
Aug 16, 2007 (7:33 am)
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I'll pay for the insurance if I buy a BMW. Take a look.
 
http://consumerguideauto.howstuffworks.com/1999-to-2005-bmw-3-series-2.htm
 
Regards,
OW
#6912 of 7001
Re: I'm Not a Mecahnic so... [circlew] by jb_shin
Aug 16, 2007 (8:19 am)
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Replying to: circlew (Aug 16, 2007 7:33 am)

I bought extended maintenance agreement on my 03 M5 (CPO, so warranty until 09 or 100,000 miles) for $1195. It would pay for itself when I go in for Service Inspection II and brake job. I can certainly do the brakes, but even then, the parts will cost me somewhere around $900 (rough estimate based on 500 just for front rotors and 100 or so for pads).
 
Can you guess how much the cats are on this thing? Granted, it is covered by Federal Emissions warranty up to 80,000, but both cats failed on mine before 50,000 and they are $2,800 each.
 
For some, it certainly makes sense to buy the extended warranty, or buy CPO. If I had still owned my 02 530, I would not have bothered. The guy who bought it from me hasn't spent a dime on repairs other than tires/brakes/oil. It was and is certainly more reliable than our 04 Sienna or 95 Integra at the same mileage and time.
#6913 of 7001
Re: 2006 330i [shipo] by Mr_Shiftright HOST
Aug 16, 2007 (9:59 am)
Reply

Replying to: shipo (Aug 15, 2007 8:57 pm)

Yeah but you are exceptionally well qualified to deal with stuff. I'm still going to have to recommend that any BMW owner who plans to keep his car past warranty should go for the extended warranty. Sure it's a game of chance but I think the odds are only *slightly* in favor of the house.
 
A BMW extended warranty is like a generous slot machine. Sure, more people lose than win, but it's pretty close IMO. After all, just skimming a 10% profit isn't bad.
 
Older BMW 3-Series definitely have some weak spots...exploding radiators come to mind...and could they make it any easier for someone to steal your front directional signal lenses? Water pumps aren't the greatest, nor their fuel pumps. Manual trans is pretty sturdy...never saw one fail, but I have seen a few clutch disks disintegrate. (could have been driver abuse I dunno). And of course the usual German electrical demons here and there.
 
But all in all, the least risky of the BMW line, the 3 series. Great cars.
#6914 of 7001
Re: 2006 330i [Mr_Shiftright] by shipo
Aug 16, 2007 (10:16 am)
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Replying to: Mr_Shiftright (Aug 16, 2007 9:59 am)

I tend to think about this over the long haul. Over the driving lifetime of any given individual, he or she will most likely buy quite a number of cars, and it is my assertion that while any one of those cars would have made out with the purchase of an extended warranty, if spread out over all cars owned, said individual would have been better served by self-insuring.
 
Best Regards,
Shipo
#6915 of 7001
Re: 2006 330i [shipo] by Mr_Shiftright HOST
Aug 16, 2007 (10:24 am)
Reply

Replying to: shipo (Aug 16, 2007 10:16 am)

You mean like putting aside a certain amount per month for repairs, in a money market account or some such?
#6916 of 7001
Re: 2006 330i [Mr_Shiftright] by shipo
Aug 16, 2007 (10:33 am)
Reply

Replying to: Mr_Shiftright (Aug 16, 2007 10:24 am)

Yeah, either that or just eating the expense when it hits. Personally I don't bother setting aside money for repairs; I just pay for the fix and move on.
 
If I had actually done the set-aside model starting with the 1993 that I bought to replace the 1989 (the one that I purchased extended maintenance for), I would have some $12,000 in that account by now. Funny thing though, that accounting assumes that the $2,600 transmission replacement that I did last year would have been covered. Given that the extended warranty that I was offered for that car expired at the 100,000 mile mark, I would still have had to pay for the tranny as the original unit went Tango Uniform at 109,000 miles. So in essence, by self insuring I was able to cover a repair that wouldn't have been covered by the extended warranty.
 
Best Regards,
Shipo

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