most will advise you to stay awy from 3rd party... they know what breaks and
it is not usually covered!
invest the $$$ and use it when you need it, I had the same decision to make,
and that was my choice.
In the past year, I had a thermostat replaced, window regulator,
and front end "wishbones", all under warranty. Usually I don't
go for the extended warranties, but now I'm a little gun-shy.
I bought BMW's extended warranty for my 2003 325i.
I'm about 6000 miles out of the original warranty and haven't
had to use it yet. The warranty has fairly extensive list of
exclusions. It looks like it doesn't cover any of the
wear and tear stuff which includes the suspension.
It also does not cover upkeep, but that is covered by
a separate extended service plan that BMW sells.
I bought the warranty mainly because the electrical
stuff. The stereo is not covered, and nor is
the navigation system, but I don't have the latter.
It's a crap shoot as to whether or not it is going
to be worth it.
No. You should ask the dealer about the warranty sold
by BMW. I don't think they make as much money on it
as they do with the 3rd party one which is why they try
to push the 3rd party one. (I don't know that for a fact,
BMW sells 2 plans - one is a warranty plan and the
other is the service plan (which basically extends
all of the privileges the owner had with the free
servicing and covers all scheduled maintenance
including things like brake pads and rotors).
Both are sold only for a 6 yr/100000 miles
term (as opposed to the 3rd party warranties which
are sold for a variety of terms). Finally, with the
warranty plan, there is $50 copay each time you
have to use the warranty.
I would suggest calling around around as well. Prices
can differ fairly significantly to make it worth your time.
BMW will only sell you their extended warranty if you are the original owner
of the car or you are buying the car used from a BMW dealer (they are true
ass-holes about this as they are about other things). Otherwise, you have to
buy 3rd party.
In the UK it's like that althoguh they don't tell you until you try to
make a claim. I'm told that "BMW don't underwrite their extended
warraties anymore". The one I was offered was from Elvira Travel
I have a third party warranty currently here in UK. I have made some claims
successfully through it but I always have trouble justifying my case and
they do anything they can to not pay up. For example, they will limit the
pay out as they feel the work should have only took as long as they say, or
they decide that for example a part hasn't had a breakdown because it hasn't
broke into pieces. I've had to argue with them that clearly parts break
down in different ways but that they become effectively useless, they
disagree somehow. I wouldn't recommend them as their policy sounds good
when it's being sold on the advert, but its annoying when its time to claim
and they get really difficult and occasionally quite rude on the phone.
Ive sent many letters of complaint and I have made some ground but its
really ridiculous how far I had to take the complaints. The are really just
a bunch of w**kers who want your money then will try not to hold their side
of the bargain. Be very careful when you are considering one of these
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