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BMW CPO Warranty and Warranty Extension questions

40 messages,  Last post on Sep 25, 2008 at 4:58 PM

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What is this discussion about? Certified Used (CPO), Car Warranties, Sedan

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#35 of 40 Re: Help? Bought car late last nite and need to decide on ext warranties! by dujox Sep 01, 2008 (6:19 pm)
Replying to: valorie (Aug 31, 2008 6:39 am) Relax. enjoy the car. Get a good Tech. The extended Warranty will ONLY kick in AFTER the Standard Warranty expired. Since you car is a 2007 with 14,5 ?- it's still cover under the Standard [4 years or 50K with-ever comes first.] Depend on your home town law but you should have 30 to 90 days after buying the car to get an Extended Warranty from your dealership.   If I were you i will pick the Extended Warranty after try to lower its price [ You'll be in fact lending the money to the dealer for about 3 years at CERO%!].   I would not buy the Millennium a&W. Instead I will put that money in a bank since most folks will tell you that the parts likely to break apart are the one not cover by the warranty. Replies to this message: valorie (Sep 01, 2008 10:52 pm) bmwadvise (Sep 24, 2008 2:45 pm) fedlawman (Sep 24, 2008 9:43 pm) and 1 more...
#36 of 40 Re: Help? Bought car late last nite and need to decide on ext warranties! [dujox] by valorie Sep 01, 2008 (10:52 pm)
Replying to: dujox (Sep 01, 2008 6:19 pm) First, thank you very much for your reply... although I need to let you know that I had to make a decision before I got this response, so here's what I did: I declined Lo Jack and Extended Warranty plans but did get the Millennium t&w plan. My reasoning: (1) I have 2 new tires on car - the rear ones - and the fronts have about 50% life according to the dealership, (2) I was told that the dealership never repairs, and only replaces the tires, (3) the high cost of the required tires (224 on one website someone referred me to, and even more if bought at the dealership) (4) reading so much online about how the tires often have to be replaced after just 12-15,000 miles, and last (5) they re doing lots of road repairs in my commuting/driving areas   I did ask if they could do anything about the price, and at least got it down $100 (better than nothing...although I had no idea that sales tax would be charged on price!)   What is your experience with run flat tires?   And, why do you recommend trying to get the Extended Maint warranty? Becuase BMW labor and parts costs are so high? I was hoping that with an 'almost new' car like this, I wouldn;t have to worry about much in terms of maint or repair costs within the next 5 years...   Interested in hearing more... as I apparently have a lot more to learn (and the dealer did not have an owner's manual to give me yet!)   Thanks Replies to this message: bmwadvise (Sep 24, 2008 2:45 pm) fedlawman (Sep 24, 2008 9:43 pm) dujox (Sep 25, 2008 4:58 pm)
#37 of 40 Re: Help? Bought car late last nite and need to decide on ext warranties! [valorie] by bmwadvise Sep 24, 2008 (2:45 pm)
Replying to: valorie (Sep 01, 2008 10:52 pm) The extended maintenance warranty will pay for itself within the first year assuming you drive the car 12-15k miles per year. Brakes cost around $850 per axle, oil changes are about $200, microfilters $250. at 100k spark plugs due $600. note; a maintenance warranty is strictly maintenance, it will not cover mechanical repairs. Replies to this message: fedlawman (Sep 24, 2008 9:43 pm) dujox (Sep 25, 2008 4:58 pm)
#38 of 40 Re: Help? Bought car late last nite and need to decide on ext warranties! [bmwadvise] by fedlawman Sep 24, 2008 (9:43 pm)
Replying to: bmwadvise (Sep 24, 2008 2:45 pm) Someone needs to change their screen name to "bmwbadadvise." Replies to this message: dujox (Sep 25, 2008 4:58 pm)
#39 of 40 It Depends. . . by cdnpinhead Sep 25, 2008 (4:22 pm)
on whether you're buying or selling. Buying extended maintenance is a dumb idea, but selling it makes money. These things aren't a charity.   Are you feeling unlucky? Really, really unlucky? Then buy the thing.
#40 of 40 Re: Help? Bought car late last nite and need to decide on ext warranties! by dujox Sep 25, 2008 (4:58 pm)
Replying to: fedlawman (Sep 24, 2008 9:43 pm) LOL. Completely agree with you.

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