Extended warranty

AndroidRobot · 12-26-2018, 09:21 PM

Quote:

Originally Posted by ven7782

The problem with Geico's MBI is, you need to keep your Geico insurance for the entirety of the duration. If you switch, your MBI payment goes down the drain. I keep switching my Auto insurance every year because my premium goes up during renewal for no apparent reason. I get great rates if I switch and then it goes up during renewal. Geico's MBI is a no go. They will recoup their cheap MBI price in auto insurance rates. Its a ploy.

That's odd, my rates never go up, only down. They also base it on the area you live, accident rates, claims etc

ven7782 · 12-26-2018, 10:11 PM

Quote:

Originally Posted by AndroidRobot

That's odd, my rates never go up, only down. They also base it on the area you live, accident rates, claims etc

Because I pay very less to begin with. For a 2017 Q7 and 2008 Nissan Sentra I pay $550 for 6 months, full coverage $500 deductible with rental car coverage. Couple of renewals later it is $650. Very soon I would be adding G05 to the coverage.

sumsuv · 12-27-2018, 07:25 AM

Quote:

Originally Posted by TucErDoc

I picked up my X5 (Xmas present for my wife) yesterday. I was offered a factory 7yr 75k or 100k mi. I was strongly considering until one of my buddys that knows about this stuff talked me out of it. Just curious what you guys were quoted for this. I was quoted $4500 or $5500 depending on mileage.

My apologies in advance if this has been covered.

I paid $2919 for 75k maintenance

mynewx5 · 12-27-2018, 07:43 AM

Quote:

Originally Posted by ven7782

The problem with Geico's MBI is, you need to keep your Geico insurance for the entirety of the duration. If you switch, your MBI payment goes down the drain. I keep switching my Auto insurance every year because my premium goes up during renewal for no apparent reason. I get great rates if I switch and then it goes up during renewal. Geico's MBI is a no go. They will recoup their cheap MBI price in auto insurance rates. Its a ploy.

You haven't heard? 15 minutes could save you 15%

2019x5User · 12-27-2018, 08:37 AM

Quote:

Originally Posted by sumsuv

Quote:

Originally Posted by TucErDoc

I picked up my X5 (Xmas present for my wife) yesterday. I was offered a factory 7yr 75k or 100k mi. I was strongly considering until one of my buddys that knows about this stuff talked me out of it. Just curious what you guys were quoted for this. I was quoted $4500 or $5500 depending on mileage.

My apologies in advance if this has been covered.

I paid $2919 for 75k maintenance

~ $1000/year for maintenance, is it worth?

ven7782 · 12-27-2018, 09:50 AM

Quote:

Originally Posted by sumsuv

I paid $2919 for 75k maintenance

This thread is about warranty and you are talking about maintenance which is a separate thing. Having said that, you overpaid. For 75K it should cost 2099 + 600 - 100 = 2599. Check the attachment for X5.

First BMW · 12-27-2018, 12:06 PM

what is everyone paying for the tire/wheel warranty? does anyone have a cost guide?

ven7782 · 12-27-2018, 04:29 PM

Quote:

Originally Posted by First BMW

what is everyone paying for the tire/wheel warranty? does anyone have a cost guide?

There is no standard cost guide. Prices vary widely but I won't pay more than $1200 for it assuming they cover up to 5yrs/50K miles.

sumsuv · 12-28-2018, 08:00 PM

Quote:

Originally Posted by ven7782

Quote:

Originally Posted by sumsuv

I paid $2919 for 75k maintenance

This thread is about warranty and you are talking about maintenance which is a separate thing. Having said that, you overpaid. For 75K it should cost 2099 + 600 - 100 = 2599. Check the attachment for X5.

Thanks, this is good information

First BMW · 01-02-2019, 10:21 AM

is the price for ultimate care only when you order or can we buy from dealer? and is the price the same?

Auricom · 01-02-2019, 10:38 AM

Quote:

Originally Posted by First BMW

is the price for ultimate care only when you order or can we buy from dealer? and is the price the same?

You can lock it in with your order.

My experience when added from the dealer is they like to up charge the program cost - one dealer wanted $700 for Ultimate Care + instead of $600 in BTO.

First BMW · 01-02-2019, 10:43 AM

Quote:

Originally Posted by Auricom

You can lock it in with your order.

My experience when added from the dealer is they like to up charge the program cost - one dealer wanted $700 for Ultimate Care + instead of $600 in BTO.

thanks

beermato · 01-09-2019, 12:13 PM

I didn't see another WARRANTY thread active (not extended maintenance), so am curious what others are doing on this and what pricing they are getting?

My dealer offered 6y/75k at ~$5500 and 7y/100k at $6800! Through BMW, not 3rd party. $50 deductible, but covers all as 4y/50k warranty except trim damage/and battery. Personally, I don't see any value in this package.

TucErDoc · 01-09-2019, 12:16 PM

Quote:

Originally Posted by beermato

I didn't see another WARRANTY thread active (not extended maintenance), so am curious what others are doing on this and what pricing they are getting?

My dealer offered 6y/75k at ~$5500 and 7y/100k at $6800! Through BMW, not 3rd party. $50 deductible, but covers all as 4y/50k warranty except trim damage/and battery. Personally, I don't see any value in this package.

Those are pretty much the prices I was quoted for the same product. I was able to negotiate down a little. I ended up not going for it (but I was very tempted)
I did get GIECOs warranty though. Has a $250 deductible but covers quite a lot.

bono · 01-09-2019, 02:45 PM

BMW coverage is always the most reliable one. What I did when my 4/50 warranty was to expire, I emailed maybe 8-10 dealers around me. I purchased 7/100k warranty for $5,050 when others were quoting even over $7k.

I said that earlier and I will repeat this - there is no sense in buying the extended warranty now. Buy it just before 4/50k expires. You may sell, total, lemon (G05 is a new model

) the car and the money would be lost.

Quote:

Originally Posted by beermato

I didn't see another WARRANTY thread active (not extended maintenance), so am curious what others are doing on this and what pricing they are getting?

My dealer offered 6y/75k at ~$5500 and 7y/100k at $6800! Through BMW, not 3rd party. $50 deductible, but covers all as 4y/50k warranty except trim damage/and battery. Personally, I don't see any value in this package.

First BMW · 01-09-2019, 02:54 PM

first 50k miles you don't need any maintenance do we?

****** · 01-09-2019, 03:07 PM

Quote:

Originally Posted by First BMW

first 50k miles you don't need any maintenance do we?

Maintenance, mainly just oil changes, is for 3 years, 36000 miles, not 4 /50000 like it used to be. And not for brakes or other things that used to be covered.

First BMW · 01-09-2019, 03:08 PM

Quote:

Originally Posted by Herdalum

Maintenance, mainly just oil changes, is for 3 years, not 4 like it used to be. And not for brakes or other things that used to be covered.

so if you pay for the $600 ultimate care then we are good till 50k right and oil changes are free till then ?

beermato · 01-09-2019, 03:45 PM

I was asking about extended warranty (aka, service) not maintenance - it's two separate protection plans.

Your base warranty is 4y/50k.

Your base maintenance is 3y/36k, but does not include 'wear items', namely brakes. You can upgrade the base maintenance to Ultimate (3y/36k) for $600, if you think you will need a brake job in that time frame/mileage.

My question was centered on the extended warranty. There's a separate thread for maintenance: https://g05.bimmerpost.com/forums/sh....php?t=1562954

Amsa7151 · 01-09-2020, 06:23 PM

I was quoted $3300 by my local dealer for 7yr 70K miles warranty through BMW. Retail price is $5950 and apparently this is cost or close to it. I still think it would be smarter to put $3300 in stock or mutual fund and watch it grow. I mentioned I was on Bimmerpost and had tons of reference data points so he cut to chase on price.

karateboi87 · 01-09-2020, 07:12 PM

Quote:

Originally Posted by Amsa7151

I was quoted $3300 by my local dealer for 7yr 70K miles warranty through BMW. Retail price is $5950 and apparently this is cost or close to it. I still think it would be smarter to put $3300 in stock or mutual fund and watch it grow. I mentioned I was on Bimmerpost and had tons of reference data points so he cut to chase on price.

I have to agree with you, you're essentially paying $1100 per year. At under 70k miles, you're unlikely to see any major repair

agzx517 · 01-10-2020, 11:05 AM

Quote:

Originally Posted by karateboi87

I have to agree with you, you're essentially paying $1100 per year. At under 70k miles, you're unlikely to see any major repair

I agree that you prob won't see any major repair issues to power train. I'm more worried about the small stuff. Example. Idrive, reduced driver assistance, seat issues etc ... I have 18k miles and had nothing but idrive and said related issues. I'm waiting till I get to the end of the warranty but I can't imagine getting an AC issue for example and having to pay out of pocket for it once warranty expires. As long as we are compliant with oil changes I feel the power train won't fail. Any opinions?

12-27-2018, 12:06 PM	#29
First BMW Private 28 Rep 99 Posts Drives: X5 on order Join Date: Dec 2018 Location: TEXAS iTrader: (0)	what is everyone paying for the tire/wheel warranty? does anyone have a cost guide?
	Appreciate 0 Quote

01-02-2019, 10:21 AM	#32
First BMW Private 28 Rep 99 Posts Drives: X5 on order Join Date: Dec 2018 Location: TEXAS iTrader: (0)	is the price for ultimate care only when you order or can we buy from dealer? and is the price the same?
	Appreciate 0 Quote

01-09-2019, 12:13 PM	#35
beermato Second Lieutenant 114 Rep 247 Posts Drives: 2019 X5 Blue Join Date: Dec 2018 Location: Texas iTrader: (0)	I didn't see another WARRANTY thread active (not extended maintenance), so am curious what others are doing on this and what pricing they are getting? My dealer offered 6y/75k at ~$5500 and 7y/100k at $6800! Through BMW, not 3rd party. $50 deductible, but covers all as 4y/50k warranty except trim damage/and battery. Personally, I don't see any value in this package.
	Appreciate 0 Quote

01-09-2019, 02:54 PM	#38
First BMW Private 28 Rep 99 Posts Drives: X5 on order Join Date: Dec 2018 Location: TEXAS iTrader: (0)	first 50k miles you don't need any maintenance do we?
	Appreciate 0 Quote

01-09-2019, 03:45 PM	#41
beermato Second Lieutenant 114 Rep 247 Posts Drives: 2019 X5 Blue Join Date: Dec 2018 Location: Texas iTrader: (0)	I was asking about extended warranty (aka, service) not maintenance - it's two separate protection plans. Your base warranty is 4y/50k. Your base maintenance is 3y/36k, but does not include 'wear items', namely brakes. You can upgrade the base maintenance to Ultimate (3y/36k) for $600, if you think you will need a brake job in that time frame/mileage. My question was centered on the extended warranty. There's a separate thread for maintenance: https://g05.bimmerpost.com/forums/sh....php?t=1562954
	Appreciate 0 Quote

01-09-2020, 06:23 PM	#42
Amsa7151 Private 34 Rep 69 Posts Drives: BMW X5 Join Date: Dec 2019 Location: Chicago iTrader: (0)	I was quoted $3300 by my local dealer for 7yr 70K miles warranty through BMW. Retail price is $5950 and apparently this is cost or close to it. I still think it would be smarter to put $3300 in stock or mutual fund and watch it grow. I mentioned I was on Bimmerpost and had tons of reference data points so he cut to chase on price.
	Appreciate 1 Wxnatscaps126.50 Quote