Anyone else heard the rumours...
Extended warranty to drop in price (slightly) but an excess of £100 per claim or £250 for "M" cars. Plus batteries and exhausts no longer covered, no MOT insurance either and no accident management!
Having just paid £720 for a 12 month warranty I shall seriously consider changing cars (maybe not BMW) next year.
Hmmm, why is this then? Quality dropping so they are suffering many more claims perhaps? Or just getting greedy?
I stopped buying the extended warranty a few years ago now, when it rose to £500 odd (you say it's £720 now, jesus!). Since then I've had a rear shock spring snap, which cost £75 to replace (not a franchised dealer I might add), and my clutch is 'juddering' which if I had a warranty I'd get replaced, but as I haven't I'll wait until it gets really bad (it'll cost about £350 to replace). My car has only done 46000 miles, so these last 2 faults are a bit poor for a BMW if you ask me! matty
You've got to be *very* unlucky to need 720 quids worth of repairs in the fourth year of ownership.
Not in an M5, you don't, especially with labour rates at over £100 per hour. Even replacing a couple of minor items can approach the cost of the warranty.
Oh, and my warranty renewal was £970 last month - don't know where the figure of £720 came from?
Exactly my concern. I just squeezed two new arm rests from BMW, if this hadn't been paid under warranty that would have been about £400 inc. labour. Then theres the new DSC unit, the new seat assembly, steering column, front brake calipers.
All in under 12 months.
Why am I now Charles!!?
AHEM-HEM-HEM!
Well, once the car is out of basic warranty why stick with main dealer labour rates? And a 'minor' item costs 500 quid or so including the excess?
Dunno either. But you seem to suggest BMW give out extended warranties as some form of charity. They don't - they make a profit out of them. So unless you have a problem car you'll lose out on the odds.
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