Neo1010 wrote

Keep in mind that these plans are purely "Exclusionary" plans so the only thing you need to look at is the short list of things they don't cover in the contract as they cover everything else. Here is the exact section for the Fidelity Platinum plan with the exclusions. Also, there is NO warranty that is going to cover wear and tear items(that I know of). If you see a section in the Zurich plan that specifically states we will cover wear and tear items then I really would like to see the verbiage. That would mean a plan would cover things like brake pads, wiper blades, cabin filters, light bulbs, spark plugs, tires, etc.... I have never seen an extended warr plan that covers "wear & tear" items. Only a Bmw Maintenance plan would cover pads, rotors, spark plugs, etc

Neo1010

XDrive_Girl wrote

(BMW VSC doesn't have this clause in it; I don't believe it does, anyway!).

TurtleBoy wrote

BMW's VSC says it will cover the costs for a failure of a covered part. The exceptions would be if the covered part is damaged by a non-covered part, fire, misuse, neglect, etc. Wear and tear would be covered.

TurtleBoy

XDrive_Girl wrote

TurtleBoy Ah, yes. That it does. Good to know!

XDrive_Girl wrote

Neo1010 I think the Platinum Fidelity plan actually does cover wear & tear of the *covered* parts; but it wouldn't cover W&T on parts that aren't covered obviously (the ones you listed that fall more-so under regular maintenance). They have a "Mechanical Breakdown" defined term that is inclusive of wear & tear, and then the defined term is called out further in the T&C's regarding when one would *not* be covered (e.g. if it failed due to improper maintenance, and several other other reasons). Curious to hear what you think and what others have experienced as well! (BMW VSC doesn't have this clause in it; I don't believe it does, anyway?).

XDrive_Girl wrote

Neo1010 It'd definitely be nice if BMW offered a 10-year plan on new models / models under X miles; I would have given it a closer look if that was the case for sure! But I'm with you on the FP plan - I love that I was able to get a 10-year package. I just replied to TurtleBoy on this thread saying that I'm aiming to keep my X5 for 10 *or more* years; I'm nervous the newer designs will continue to look too futuristic, especially inside. I'm already having a hard time not having buttons for heated seats and heat/AC. Working through it! 🤣

XDrive_Girl wrote

TurtleBoy Oh wow thanks for the update on this!

BRG05 wrote

Mr. Bowman was great to work with. Quick, easy and fair rates. I emailed him on a Saturday night and the deal was done a few days later. I purchased a 4yr/48k BMW extended platinum warranty from him for my X5 m50i for $2650 with a $250 deductible.

For reference, I just bought the vehicle used from a 3rd party dealership, 2023 with ~22k miles.

Neo1010 wrote

Absolutely everything is negotiable but why bother having any stress at the dealer when you know someone like Cody will sell you the same exact VSC at a very low price, less then any other dealers previously recommended. So What I am really saying is that it's no loss if you don't get it from the buying dealer as Odds are your going to get it cheaper anyways. I bought the VSC for my m60i at a steal compared to what I could have bought it from my selling dealer even after negotiating it in person at the time of delivery for my car. Best thing I did was follow my hunch and buy it afterwards then I was lucky to stumble upon Cody and since then shared him w/ the group. If you can't get the price you want from your selling dealer just buy it afterwards, all good.

unleash095 wrote

Taking delivery of a new X5 soon and wanted to get some opinions from the group.

I’ve read through the last 4–5 pages of this thread but still find myself a bit unclear on the differences between the BMW VSC and the Fidelity Platinum plan, and whether it makes more sense to purchase one at the start of ownership or closer to the end of the factory warranty.

For context, I typically drive around 7,000–8,500 miles per year and plan on keeping the vehicle for 7–8 years.

Would appreciate any insight on:

Pros/cons of BMW VSC vs Fidelity Platinum

Timing (buy early vs wait until closer to factory warranty expiration)

Any recent pricing data people have received

Thanks in advance.

unleash095 wrote

Taking delivery of a new X5 soon and wanted to get some opinions from the group.

unleash095 The biggest pro w/ fidelity platinum plan is they will usually offer you a longer term when your car is new. For my X5 I was offered a 12 year plan(8 extra years total) from Cody Bowman. The Bmw VSC will offer you a lessor total term when the vehicle is new. They also may be priced differently for like terms. If both plans offered me the same terms/mileage at very similar pricing I would lean towards the VSC. For max term, it would be Fidelity. Both plans are "Exclusionary" which are the only plans you should ever buy no matter what.

As far as buying it now vs later, it really comes down to your own financial circumstances along with your thought process. There's the Time Cost of money that needs to be considered. The cost of the VSC plan/fidelity plan is real affordable when the car is new. As the car accumulates mileage and is almost up to the end of the factory warranty the cost of the plans go up a good amount.

So, it's honestly going to be very Subjective to each persons own circumstances. You can get it now and pay less. Buy it later and pay more while potentially doing something else with that $$ in the mean time(stocks, bonds, sav, etc). Another option is to self insure and just save up some $$ in an account as a rainy day fund, etc.

For me, the lower cost of the plans right now made much more sense to me and my personal finances plus I like knowing I have the warranty whether I may use it or not. The prices provided by Cody w/ my new X5 were really great so that made the choice that much easier for me as well.

XDrive_Girl wrote

unleash095 I have a 2020 330i and didn't get any maintenance or warranty plans on it, and have definitely put some $$ into it since it went out of factory warranty. So when I bought my X5 in February, I decided to get both (maintenance & warranty).

I purchased Ultimate Care+4 (brings me through Year 7) to cover oil changes, brake pads, rotors, etc., and a Fidelity Platinum 10 Year / 100k mile warranty to cover pretty much everything else. Since I'm going to keep the X5 for the long haul, having both offers nice peace of mind (I also have a AAA Northeast Tire & Wheel package through Year 5; so really the only thing I'll need to pay out of pocket at this point are worn tires).

The nice thing about Ultimate Care and Fidelity is that you can cancel at any point for a prorated refund. So I decided to get them now, knowing the coverage I was looking for would be less to buy now than when my car is getting close to being out of warranty.

In terms of the BMW VSC vs. Fidelity VSC, what swayed me was the coverage length - Fidelity goes up to 12 years; BMW goes up to 7 (though there has been some chat in the forum about BMW going longer; I haven't looked into it, but could be worth asking whoever quotes you on BMW vs. Fidelity VSC).

LDT makes a good point about your mileage though; if you end up selling or trading-in during Year 7 and have 49,000 miles on the vehicle, not getting any extra coverage right now could be worth weighing as well. TBD!

Hope this helps!

OklaBimmerN00B wrote

Hey just curious did you end up buying the 10/100 Fidelity from Cody? I just got my X5 and am gonna reach out to the contacts in this thread. Seems like Cody has the best pricing so assuming I hear back from him I will just go through with it but just want to know it's legit!

That last sentence though - even if you're under 50K miles, the factory warranty would still expire after 4 years ...

XDrive_Girl

TurtleBoy wrote

The exceptions would be if the covered part is damaged by a non-covered part, fire, misuse, neglect, etc. Wear and tear would be covered.

GOLFFRR wrote

just want to make sure I can post this in various places so anyone who is looking at maybe getting a plan knows. I get a lot of PMs regarding this.

1. In order for you to get a BMW plan you must still be under factory warranty. That is mileage/timeline]

paul45 wrote

[My 7 year BMW extended warranty had expired 1/26/26; I was able to get a 3yr/36K BMW Platinum Warranty on 2/2/26.

There is a 30 days or 1000 miles waiting period for the new warranty to be effective, if not under current coverage. I was told my new plan be effective 03/04/26, and extra 1000 miles is added to the coverage.