Should I Buy a BMW Extended Warranty for Maintenance

by BMW Extended Warranty

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Posted on 18-04-2020 10:24 AM

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Weighing the Cost of a BMW Extended Warranty

In fact, the average annual repair cost for a bmw is $968, according to repairpal. Bmw extended warranties are a great way to help offset expensive repairs. They begin when your manufacturer or factory warranty expires. You can buy an extended warranty for new, used, or pre-owned bmws from the dealership or from third-party auto warranty companies like carchex.

The cost of a bmw extended warranty depends on your specific plan: the more systems and components covered, the higher the cost. But this monthly payment can give you peace of mind instead of dreading taking your car to the auto shop. If you purchase an extended warranty from the manufacturer, it costs about $1,000 to $1,500. Also, it's important to note that the price may be rolled into your auto payment, so you may actually be paying interest on your bmw extended warranty.

What Is a BMW Extended Warranty?

When you buy a bmw from the dealership, you also receive a factory warranty. Once that warranty expires, you have the choice to purchase an extended warranty. Bmw of north america offers these are called bmw extended service contracts, but third-party warranty companies also offer extended protection plans that tend to be more flexible and even more cost effective.

An extended warranty from bmw is called a bmw extended service contract. Here are a few similarities and differences between this extended warranty and the factory warranty:. Your bmw extended warranty covers your vehicle for up to 7 years or 100,000 miles. While factory warranties only last so long, you can opt in for a bmw extended warranty before the original warranty expires. That means you have a little time to consider all your options and not feel pressured to make a decision in the showroom.

BMW Factory Warranty vs. BMW Extended Warranty

If you're purchasing an extended warranty from bmw, you have a few options on how long the coverage can last. New and used bmw's extend your warranty up to three years, for a total of seven years of coverage. Choose between 75,000 miles or 100,000 miles. Used bmw's depending on whether you're a cpo, cpo elite, cpo wrap, or cpo wrap elite bmw owner, you can extend your warranty one, two, or three years. Like the new or used bmw extended warranty option, you can also select between 75,000 miles or 100,000 miles.

Vehicle protection plans are different from bmw extended service contracts in these ways:. Longer contracts. Bmw extended warranties from the dealership just add a few years to your limited warranty. The longest that you can be covered is seven years total. More choices in part selection. You aren't limited to using bmw parts, which are often more expensive than other brands. More protection plan options. We offer several affordable plans in each level instead of three extended warranty coverage levels from bmw. You'll be able to find a more customizable plan for protecting your bmw. More time to choose. While you must purchase a bmw extended warranty while the vehicle under the new vehicle limited warranty, you can buy an extended warranty from a third-party anytime.

Benefits of an Extended Vehicle Protection Plan

We provide a variety of industry-leading extended vehicle protection plans, including more specific plans in each coverage level. Our plans are backed by top-rated industry leaders who are all competing for your business. That means we can get you a quality product at a great price.

Get a free extended protection plan quote today. As the leading auto warranty provider we have collected years of repair warranty claim data on thousands of vehicle makes and models. Specific types of bmw 328i repairs highlighted in this article are derived from data provided by repairpal.

Why Should I Consider a BMW Extended Warranty?

While there are many companies offering protection plans that compete with a bmw extended warranty, carchex leads the competition in providing our customers with affordable, reliable plans that meet their specific needs. See how carchex compares with other auto warranty companies.

A bmw extended warranty is a great way to protect your investment. For more than 20 years, the team at carchex has gone above and beyond to make sure our customers have the right coverage for their bmw. These additional services are included with all of our extended protection plans:.

How Much Does It Cost to Fix a BMW?

Bmw usa factory warranty is 4 years or 50,000 of bumper-to-bumper repairs on breakdowns caused by flaws in design or engineering during assembly. BMW will pay the cost of parts and labor to fix or replace all defective mechanisms for the first 4 years.

The typical factory warranty on a new luxury car, for example, a bmw, is 4 years/50k miles. It means, if something significant breaks before 4 years or 50k miles (whichever comes sooner), it would not cost you a penny. However, after the factory warranty runs out, when something breaks with your audi or bmw, it is going to cost you significantly more to fix than a non-luxury vehicle, because luxury cars are more complex to fix and parts are typically shipped from overseas.

How to Take Care of Your BMW

The experts at pro car mechanics say giving your car a thorough wash or a rinse on a regular basis, especially in the spring, can help prevent damage. Be careful when and where you drive it, stay on smooth, car-friendly roads and avoid driving your bmw in rough weather like snow.

So consider this: instead of being forced to empty your pockets when your manufacturer's warranty expires, look to the benefits of a bmw extended warranty in order to help you to take care of repairs. With the hourly labor rate in the u.

Options for BMW Extended Warranties

The main drawbacks of the bmw extended warranties have to do with the main things we like about the company's offerings as well. For example, the tiered plan approach is good for giving drivers different options, but it doesn't offer true customization where drivers can add the coverage they want or need without buying things they want left off.

By choosing a third-party car warranty company, you also don't have to choose bmw parts, which are more expensive than other brands, while aftermarket and off-brand parts will save you money. Plus, a third-party extended service provider will offer more coverage options and levels, giving you more warranties to choose from, so you get exactly what you need.

BMW Extended Warranty Cost 2020

When choosing whether to purchase a bmw extended warranty, it's important to do your research and read the fine print. It's normal to have plenty of questions. Our car warranty experts are here to answer them and help you feel confident in your decision.

That's a reason to consider bmw's extended warranty or a third-party extended warranty for added peace of mind. We'll take a closer look at the coverage bmw offers in these plans, and we'll show some advantages of considering a third-party option for a vehicle service contract. We reviewed and ranked the best extended warranty companies that offer them. Depending on how you drive your bmw, and how long you intend to keep it, one of these could be a better choice for you. In this article:.

What Does the BMW Factory Warranty Cover?

In general, a bmw warranty covers:. Bumper-to-bumper protection, bmw bumper-to-bumper warranties last 4 years or 50,000 miles, whichever comes first. Also known as a comprehensive or exclusionary coverage, this warranty includes most repairs for mechanical breakdown due to faulty materials or workmanship. Unlike most manufacturers, bmw covers the powertrain (engine, transmission, drive axle, seals, gasket, and related parts) in this same warranty instead of a separate powertrain warranty. Corrosion warranty this warranty covers damage to the sheet metal due to rust or corrosion. It lasts 12 years or unlimited miles for cars manufactured in 2004 or beyond and six years for cars built in 2003 or earlier. Limited wear and tear warranty, bmw covers certain wear or tear items, such brake pads and upholstery, if the damage is due to material or manufacturing defect. This does not include tires, which are covered by the tire manufacturer. Federal emission warranty bmw offers coverage for most emission-related parts for 2 years or 24,000 miles. A few specific parts are covered for 8 years or 80,000 miles. California emission control warranty, if your bmw is registered in california or a state that follows the same emission control regulations, most emission-related parts are covered for 3 years or 50,000 miles. Specific control devices are covered for 7 years or 70,000 miles.

You still have 24/7 roadside assistance as part of bmw's customer service. All covered repairs are performed in a bmw facility by bmw technicians, using 100% bmw replacement parts. Instead of one standard warranty, your vehicle protection plan options are platinum, gold, and powertrain plus, with platinum being the most comprehensive.

What Does a BMW Extended Warranty from the Dealership Cover?

If you buy a bmw certified pre-owned (cpo) vehicle, you will get what remains of the car's original 4-year/50,000-mile warranty, plus another year of coverage with unlimited miles on top of that. This warranty includes travel protection through bmw roadside assistance, and you can buy a bmw extended vehicle protection plan, as well.

If you buy a bmw, you can add the extended warranty coverage right away or wait until any time before the warranty's expiration. So, for example, if you drive more than 12,000 miles a year, you'd need to buy the extended warranty coverage before the four years are up.

How Long Will My BMW Extended Warranty Last?

Advertiser disclosure. Bmw has been calling itself the ultimate driving machine for more than 40 years, and its line of sport sedans, convertibles, suvs, and performance vehicles have long lived up to that mantra. Bmw's new vehicle warranty, while strong, probably does not earn the label.

The cost of a bmw extended warranty will depend on the particular model and the terms you choose. That information will be available when you are negotiating the vehicle's purchase with the dealer. Bmw says its dealers are free to set their own prices. Some brand enthusiasts have posted their quotes on bmw fan forums, indicating a price range of about $1,700 for the 1-year/25,000-mile powertrain plus coverage to well over $7,000 for a 3-year platinum plan. Regardless of which bmw extended warranty plan or term you choose, you get 24-hour roadside assistance and will pay a $50 deductible for any covered repairs.

BMW Extended Service Contract Coverage Options

Depending on how you drive, bmw's extended service contracts may not offer exactly the right amount of coverage for your needs. A third-party warranty from one of our top picks can offer more flexibility in coverage, for both miles and years.

Bmw extended vehicle service contract is a good option, especially when the factory protection expires. But, you should know some vital details before buying it. When the factory or bmw certified pre-owned warranty expires on your beamer, the company offers a few other options for extending your coverage. The offerings are available in three distinct extended coverage deals. These deals are all under the company's extended service contract, meaning they are all company-backed agreements. Therefore, bmw drivers have more options than regular, straightforward extra protection manufacturers often provide.

Find the Best Used Car Extended Warranty Companies

Looking at third-party warranties, you'll find that the added benefits of roadside assistance, towing and rental car coverage, and trip interruption reimbursement can last much longer than anything the factory offers. Get a free quote, and make your own judgement for what gives you the best value in an extended warranty for your bmw vehicle.

Bmw ultimate care consists of scheduled maintenance for the 3-year/36,000 mile (non-transferable), whichever comes first. It also covers factory-recommended maintenance services, including engine oil, engine filter, brake fluid, and spark plug changes. Best extended warranty companies.

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