Are bmw extended warranty worth it

Partner content: This content was created by a business partner of Dow Jones, independent of the MarketWatch newsroom. Links in this article may result in us earning a commission. Learn More.

Post by dbr » Thu Jun 22, pm. Post by brew » Thu Jun 22, pm. Post by exodusNH » Thu Jun 22, pm. Post by Swansea » Thu Jun 22, pm. Post by zie » Thu Jun 22, pm. Post by BruDude » Thu Jun 22, pm.

Are bmw extended warranty worth it

Car repairs can be expensive, but an extended warranty can help lower costs. Get matched today. Like other extended warranties also known as vehicle service contracts , BMW Extended Service Contracts only cover repairs needed due to manufacturing defects i. You have three coverage options: Powertrain Plus, Gold and Platinum. Platinum plans are available for new, used and certified pre-owned BMWs, while Gold and Powertrain Plus plans are only available for new and used vehicles. In the case of a breakdown covered by warranty, you also get free towing to the nearest authorized BMW Center. You can ask your dealer about rental car discounts, but this mention might just be a relic of the past. Here are the lowest quotes we could find after calling BMW dealers in four states. The Magnuson-Moss Warranty Act prohibits manufacturers from voiding customer warranties simply because they performed maintenance or repairs with aftermarket parts. They can only legally deny your claim if they can prove that the aftermarket part or labor caused the other component to fail, and the burden of proof is on the manufacturer. But, based on the language in the contract, it sounds like the company may still try. Power ranked BMW right about average in its U. Vehicle Dependability Study, with problems per vehicles.

Article sources ConsumerAffairs writers primarily rely on government data, industry experts and original research from other reputable publications to inform their work.

Remember Me? The warranty on my M2 is expiring this Feb, and I was wondering if the extended warranty is worth it. These prices are in CAD. Appreciate 0. Major General. Not in my book.

Like most auto manufacturers, BMW offers extended vehicle warranties. Like many manufacturers, BMW offers a variety of levels of coverage and also a variety of time periods for that coverage. For example, the induction system is covered by all plans. BMW offers three plans. Platinum, Gold, and Powertrain Plus. They also feature a prepaid maintenance plan called Ultimate Care. BMW tries hard to make it clear which plan covers what breakdown in its online literature. That means it only covers what it says it does, and not one lock-washer more. First, the duration. For new and used buyers who purchase before the new car limited warranty expires, BMW offers plans that extend the coverage from the standard 4-years, 50,miles to five, six, or seven years, and either 75, miles or , miles.

Are bmw extended warranty worth it

Here we showcase the latest makes and models, often before they hit the market. We also report on other significant announcements in the automotive industry. This is us talking shop and talking cars. Affiliate Disclosure: Automoblog and its partners may earn a commission if you purchase coverage from the extended warranty providers outlined here. These commissions come to us at no additional cost to you. Our research team has carefully vetted dozens of extended warranty providers.

Jobs indeed sydney ns

Updated: Dec 24, Car currently has an ultra low mileage at around only 15, Is it worth getting a BMW extended warranty? What is included in the BMW extended warranty? Before you decide to purchase additional coverage for your vehicle, there are a few things to think about. If you live in either of these states and break down near home, you may need to travel a long way for covered repairs. Cancellation : Your vehicle service plan must be canceled at either the BMW dealership where you purchased the plan or by contacting whoever your third-party provider is. We also provide a few key points to help you decide if an extended service contract is right for you. In another lifetime, I did opt in for the extended warranty. Related Articles.

Horatiu Boeriu.

The BMW extended warranty lasts for up to seven years or , miles and covers most repair costs after mechanical breakdowns caused by defective parts. This BMW warranty combines all the features of the first two plans and adds coverage for the audio, entertainment, and navigation systems. Term options are different for CPO extended warranties also:. Used car owners have the same extended BMW warranty options as those with new vehicles. The manufacturer warranties will at least be honoured even if somewhat reluctantly , as they have a reputation that matters to them. I do have Autowatch Ghost on my car, and they've said although warranty is still valid, they will not cover the Ghost obviously or any issue they feel the Ghost immobilizer has caused, which makes me a little nervous as they could use that as an excuse for any issue BMW extended warranty benefits are unimpressive compared to those from most automakers. Post by miket29 » Thu Jun 22, pm duplicate post. We value your privacy. We collected data on dozens of auto warranty providers to grade the companies on a wide range of ranking factors. Do what u feel comfortable doing.