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BMW 5-Series Extended Warranties

50 messages, Last post on Oct 11, 2009 at 6:10 PM
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Hi, I am buying a new 2008 BMW 528i. I am planning to buy extended warranty to help after the standard 50,000 mile warranty BMW gives. Is it a good idea? How much it may cost and what are the best places to buy around Chicago area. I am also interested in understanding how it works and what it covers. I would appreciate any links. Thanks. |
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Hi all, I just signed a 2-year lease on a 530i Sport package, premium, etc. I was sold on buying the "excessive wear and tear insurance" and the "wheel insurance." I spent approximately $920 on both and I'm being told by friends that this, "additional insurance" is borderline fraud. Was it a smart buy??? Or a waste of money?? Any thoughts, comments, would be great appreciated.
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Replying to: na530i (May 21, 2007 8:16 am) You can cancel that policy and get a pro rata return premium. |
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Replying to: na530i (May 21, 2007 8:16 am) |
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Replying to: seloo (Apr 10, 2007 3:31 pm) Thanx
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Replying to: bemmerluuver (Jul 25, 2007 12:38 pm)
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Replying to: seloo (Jul 25, 2007 1:43 pm) By the way, my car is an 06' 530i, please excuse me for interjecting in your exchange with the other poster, sorry. |
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looking for advice: I asked two of my local bmw dealership (NY.)service adviser's if they had experience dealing with Zurich (UUIC), they both acted as if they either never heard of the company, or they didn't trust that they would get paid for service's rendered. I got a very good quote from Sun Motor's for 5yrs. of comp. coverage on my E60, after the new car coverage expires, and I know that Zurich is quite a large insurance company, so why do you guy's think these service advisers are acting flaky when I ask them about it? could it be that they are simply trying to push coverage from company's that they use, and discourage me from using Zurich? All are welcome to chime in. Thanks
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Replying to: bemmerluuver (Aug 02, 2007 8:14 am) Hope this helps. |
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Seloo, thanks for your response. You seem to validate my suspicion that dealers push the companies that they sell warranties for, and therefore, covertly discourage the use of coverage from other companies, no matter how reputable that company may be. The dealer I purchased my car from pushes coverage from Fidelity, but Fidelity does not offer coverage longer than three years from the end of the new car coverage expiration point, I am looking for at least 5yrs. Guess I'll just continue to look around. |
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