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BMW 5-Series Extended Warranties

50 messages,  Last post on Oct 11, 2009 at 6:10 PM

You are in the BMW 5-Series Forum. Your Hosts are pat & karens

What is this discussion about? BMW 5 Series, Car Warranties, Sedan, Wagon


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#30 of 50
Fidelity by stephant
Dec 22, 2007 (7:54 am)
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hi. i have a 2005 530i with 50,0000 miles on it. my bmw dealership in long island (hassel) quoted me $4100 for fidelity's 4-year 48,000 mile warranty. didn't mention a deductible. anyone know if there's a better deal out there? thanks.
#31 of 50
Fidelity by stephant
Dec 22, 2007 (7:54 am)
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my email is stephantyahoo.com if anyone has any tips/leads. thanks!
#32 of 50
Re: Fidelity [stephant] by shipo
Dec 22, 2007 (8:56 am)
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Replying to: stephant (Dec 22, 2007 7:54 am)

Yikes, $4,100 for 48,000 miles?!? Yeesh, you might as well throw that money into the East River. I'm thinking that you've got better than 90% odds that if you bank that money and then pay for any repairs yourself, you'll still have at least half of that money by the time you roll over the 100,000 mile mark. Said another way, SELF INSURE!
 
Another option (that I wouldn't pursue either) is to have your dealer CPO your car. I'm thinking that this would cost about $2,100, and I'd personally trust BMW way more than any aftermarket warranty.
 
Best Regards,
Shipo
#33 of 50
Extended Service Warranty Offer by dfrilot
Dec 30, 2007 (8:51 am)
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Just bought CPO 2005 530i with 41,000 miles. It came with BMW's standard CPO warranty that goes through October 2010 or 100,000 miles. BMW sells an extended maintenance warranty for approx $2800. That's costing $85/month for the remaining 2.7 years. I won't hit the 100K mileage mark before this.
 
Is the extended maintenance warranty worth it? What's the normal cost for routine service maintenance (oil/fluids, filters, brakes, tune up, etc)?
 
DF - So California
#34 of 50
Re: Extended Service Warranty Offer [dfrilot] by 530ir1150r
Dec 30, 2007 (3:17 pm)
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Replying to: dfrilot (Dec 30, 2007 8:51 am)

All extended warranties and maintenance plans have profit and commissions included in their price. The average driver with an average car with average maintenance and warranty work will always come out ahead on average without extended plans. Potential extended warranty and maintenance work cost me $1400 on my 2002 530i SP 5 speed before 100k miles.
#38 of 50
Posts moved by pat HOST
Dec 31, 2007 (9:22 am)
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We can continue at this link: pstse, "Buying a used 5 Series" #102, 30 Dec 2007 9:37 pm
#39 of 50
2001 BWM 530 warranty question by edbarry12
Mar 01, 2008 (7:34 am)
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I have been reading some of the posts in this forum this morning, and there seem to be some very knowledgeable folks who answer these questions, so am hoping to get some help on a couple of questions.
 
My father is the original owner of a 2001 BMW 530 with just under 40,000 miles. He is going to sell it, and I'm interested in buying it. He has purchased 1 year warranties twice now from BMW, which have since expired, and he's been told by BMW that he cannot purchase another.
 
If I purchase this car I will do so only if I can also purchase an extended warranty. I called my local BMW dealer to see if I could purchase a warranty from them, and they said I could only purchase it if the car had originally been purchased from them. That is not the case, so I believe I need to get a 3rd party warranty.
 
I've done some reading on purchasing extended warranties that cover both wear and tear, as well as mechanical breakdowns. Does anyone have any advice on reputable companies that I can get a quote from? Any advice on the length of the warranty I should get? Can I even get coverage for this type of vehicle and, if I can, is it even worth it (ie will I get nickle and dimed in the fine print and not qualify for repairs)?
 
Any advice or experience is most welcome.
 
Thanks!

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