I am very close to making a decision to buy a new X3. I am strongly
considering getting an extended warranty. I am skeptical that a dealer
will offer me something attractive, so I was wondering if I'd be better
off buying extended warranty ( to 6 years/100K miles ) later, before
4/50K full maintainance expires. Also, I'd like to hear some
recommendations on which warranty provider I should choose.
Thanks in advance.
If you must buy one, I would say go with the one that BMW sells
(as opposed to one that a third-party would sell). I think it might
make sense to wait until you're close to the end of the 4yr/50k
since you might decide to get rid of the car before then (for
whatever reason). As far as I know, for the warranty that BMW
sells, the price doesn't change based on the number of miles
on the car or its age. It's a flat price, but it may change over
time so the rate will probably be higher 4 years from now. I'm
not 100% sure about how the pricing works though, but you should
be able to check on that with the dealer. Also, I think (again
not sure) that the BMW warranty can only be bought by the
That's true. Also, the only part of a warranty that you will need for any
car is after 50K miles. Major pieces begin to break and wear then. If
you actually like keeping the car you paid for, I would buy the longest
possible duration of full coverage via the dealer/direct with BMW.
The whole point of buying new or pre-owned certified is the warranty. If
you want to pay for major repairs, just buy a used one for 1/5 the price
and dump your money into it. You'll come out ahead even after major
repairs. But doing it half-way- no. Buying from the dealer and then not
getting service is just insane. That is their only redeeming quality.
Just my opinion. Your logic may vary.
No, you have it bass-ackwards. The ONLY extended warranty worth having
is the one the dealer provides *if* it is backed by the manufacturer and
nbot simply a 3rd party policy being resold. An example of that would
be the "certified pre-owned" extended warranties many marques provide.
The aftermarket warranties are simple insurance policies and are in the
best interest only of the company doing the insuring.
With an extended warranty you're betting the vehicle will experience worse
than normal reliability, the vender merely normal reliability. There's
always the case where some major malfunction will occur and the warranty
will save you big bucks, but that's not the likely outcome.
Save the money for the PM that will be necessary in the second 50K (Insp 2
around 60K miles, another Insp 1 at 90).
R / John
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