Can the BMW CPO warranty be extended? Yes, you may extend the BMW CPO warranty by purchasing the automaker’s Platinum coverage, which has no mileage restrictions and lasts up to 7 years from the day your car was first put into service. Additionally, you can purchase additional security from independent warranty providers.
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Platinum CPO Wrap for BMW 7/Unlimited
- contains all CPO Wrap Platinum protection
- Increases coverage from the initial date the vehicle was put into operation by up to 7 years and unlimited miles.
- The car must still be covered by the original New Vehicle/SAV Limited Warranty (4 years/50K miles) in order to be purchased.
Audio, entertainment, and navigation systems are not covered by the standard CPO Protection Plan. You must purchase the aforementioned CPO Wrap Platinum 7/Unlimited plan in order to be covered for those systems.
Like our regular plans, all CPO Wrap plans include 24-Hour BMW Roadside Assistance for the duration of the CPO Protection Plan and require that covered repair work be carried out at a BMW-authorized repair facility using only genuine BMW parts.
What This Means for Owners of Used and CPO BMWs
The same options for an extended BMW warranty are available to owners of new and used cars.
CPO model users are restricted to the Platinum level plan, which is the most comprehensive and expensive choice. There are several term choices as well:
- Only one more year of coverage is available to CPO Elite members after their four-year limited warranty ends.
- Two more years of coverage are available to CPO members.
- Members of CPO Wrap and CPO Wrap Elite can choose an additional three years of coverage.
Remember that CPO BMWs come with the remaining New Vehicle Limited Warranty as well as an additional year of original warranty protection when choosing the length of your coverage.
Our Opinion of the CPO Warranty for BMW
Overall, the BMW CPO program provides a more affordable way to experience The Ultimate Driving Machine, but the BMW CPO warranty falls short in our opinion.
Consider extending your warranty if you’re considering purchasing a BMW Certified Pre-Owned vehicle. For a total of seven years of coverage, BMW provides various plans. The BMW extended warranty plans have already received a thorough examination from us, and we found them to be good yet pricey.
It, rather than purchasing a BMW certified pre-owned sedan, coupe, convertible, or SUV because you enjoy the warranty, you ought to do so because you desire the vehicle. The flaws in the BMW CPO warranty are simple enough to fix. These three methods are:
- When the original BMW warranty expires, the CPO warranty kicks in, so it can be beneficial to purchase the most recent, lowest mileage CPO BMW that your budget will allow in order to maximize the original new vehicle warranty.
- Purchase a longer warranty. BMW provides its own programs, which are excellent but expensive. Additionally, if you have a BMW extended warranty, you must take your BMW to a BMW store for repairs.
- Purchase an extended warranty from a third party, which can provide greater value and coverage options and permit repairs at roughly 30,000 facilities nationwide, as opposed to 340 BMW dealers. Based on a thorough analysis of the market, we chose the extended vehicle warranty companies we believe to be the finest.
By selecting the third option, you may take your time comparing prices and purchasing the warranty that best fits your requirements and price range. Roadside assistance with towing and rental car coverage, as well as trip interruption coverage that can pay for hotel and meals should you need to wait overnight for a repair while away from home, are just a few of the numerous extras offered by the top-rated providers.
Compare free quotes for extended auto warranties from a number of these suppliers. We’re positive you’ll discover great value and increased security.
Can the CPO warranty be extended?
We would be failing you if we failed to confront the problem that has been ignored for too long. The Certified Pre-Owned Mercedes-Benz warranty period is brief. Following the Mercedes-Benz new car limited warranty’s expiration, you will only receive one additional year of protection. Most of Mercedes’ rivals provide coverage that is at least twice as extensive.
You have the choice to lengthen the duration of your coverage. The problem is that you must buy the separate extended warranty coverage at the same time as your CPO vehicle, which will cost you additional money. Before the buyer acquires the extended warranty, Mercedes-Benz should extend the original CPO warranty for a longer period of time in order to save their consumers some money.
We also have some concerns about another aspect of the Mercedes CPO warranty. Scheduled maintenance is not covered by the MBCPO limited warranty. This implies that the owner is responsible for paying for any necessary routine maintenance. This covers tire rotations, brake pad and disc wear, oil and air filter changes, and brake pad replacements. You should be aware that MB vehicle maintenance can be more expensive than on the ordinary vehicle, even though this isn’t a complete deal-breaker.
Can I subsequently purchase a BMW extended warranty?
If you want assurance that a range of repairs are covered because they can be expensive, especially later on, it may be worthwhile to purchase a BMW extended warranty. By choosing a third-party plan, you can also save money.
For a three-year Platinum plan, an extended warranty straight from BMW can cost up to $7,000. Third-party providers may offer less expensive alternatives with comparable coverage.
Until the factory warranty expires at 4 years/50,000 miles, you can purchase a BMW extended warranty at any time. Following that, BMW won’t allow you to purchase a car protection package. Third-party suppliers do still offer coverage, though.
Depending on the terms and coverage options you choose, an extended BMW X5 warranty might cost anywhere between $2,000 and $7,000. Get in touch with your neighborhood dealership for a precise price.
Depending on the finance manager you contact with at the dealership, a BMW extended warranty may be attainable. The price flexibility of a BMW dealership is not guaranteed, though.
With its restricted coverage on interior and exterior components, BMW’s Platinum extended warranty provides comprehensive coverage for 12 of the car’s systems.
On a used BMW, is an extended warranty available?
BMW extended warranties are an excellent method to defray the cost of major repairs. They start the moment your factory or manufacturer warranty expires. For new, used, or pre-owned BMWs, you can purchase an extended warranty via the dealership or from independent auto warranty providers like CARCHEX.
If you bought a new BMW, you probably paid significantly more than $35,000 for your luxury car. In addition to that cost, BMW owners may wind up shelling out hundreds or even thousands of dollars for upkeep and repairs. According to RepairPal, the average annual repair cost for a BMW is $968.
What does BMW’s CPO warranty cover?
After the 4-year/50,000-mile New Vehicle Limited Warranty for Passenger Cars and Light Trucks (Applicable Only in the United States, Including Puerto Rico) expires, the BMW Certified Pre-Owned Warranty Coverage provides you with coverage for 1 year with unlimited vehicle miles, for a total of 5 years / Unlimited vehicle miles.
What is the price of a BMW extended warranty?
For three years of protection, a BMW extended warranty runs about $3,000, though rates vary based on the level of coverage and the condition of the pre-owned vehicle. The price of a BMW on a three-year platinum plan can reach $7,000 Year can discover more affordable costs for comparable coverage from outside providers.
What distinguishes CPO from extended warranty?
Pricing System. The cost is one of the main distinctions between an extended warranty and a conventional CPO guarantee. In particular, a CPO warranty is already included in the price of the automobile, whereas an extended warranty is often added on.
Brakes are covered by the BMW extended warranty?
Brake pads, brake rotors, and wiper blade inserts are a few other particular items that require replacement due to normal wear and tear but are not covered by the original New Vehicle Limited Warranty, provided that wear and tear exceeds BMW wear restrictions.
Can you get an extended warranty later on?
Although waiting until the original factory coverage has ended will typically result in paying a higher premium rate, you can get an extended auto warranty at any time. Near the conclusion of the initial warranty period might be the best time to buy. You can then start looking around to see what kinds of coverage and prices are offered for the year and model of your car. This will enable you to compare different policies on the basis of one another. However, it’s crucial that you make a thoughtful decision about where to get an extended warranty policy. Despite the wide range of options, many won’t likely satisfy your needs for a dependable warranty provider. The standard fine language in these contracts ensures that your policy isn’t worth more than the paper it’s printed on. Avoid these businesses at all costs and choose one that is reputable and reliable instead!
The things that fall within each third-party provider’s guarantee for repair will vary. Make sure the type of coverage you select will meet the needs of your vehicle and your budget because there are many different levels of coverage available. A hefty repair bill could occur from purchasing insufficient coverage, which could leave out certain components and parts. If something were to happen, you want to know that you would be completely protected. On the other hand, purchasing excessive insurance may not be the best course of action. Verify the policy’s inclusions to be sure. Ask your vehicle protection specialist if there are any other coverage plans that would better suit your needs if you see that the majority of the parts or components listed do not even pertain to your car.
Check out the list of excluded items, which are things that are not covered. The finest protection, often referred to as a “bumper-to-bumper auto warranty,” is fully comprehensive coverage, but we want to make sure you know that it is also the most expensive. The majority of drivers are aware, however, from their auto insurance bills that the more coverage you add to your car, the more it will cost you. But even the most complete coverage is useless if you purchase it from a shady business. Your insurance won’t be legitimate if the warranty is being covered by a business that might cease operations in a month or a year, costing you a sizable sum of money. Any firm you are thinking about should have a solid financial history and a good reputation for settling claims. Additionally, inquire about the company’s BBB rating and Vehicle Protection Association certification while you’re there. When selecting a protection plan from one of the top extended auto warranty providers, keep these two things in mind.
Does a new owner retain the original BMW manufacturer warranty?
BMW warranties can be transferred. You should get in touch with BMW to have them update their records with the new owner’s information when you are either buying or selling a used BMW that still has time or miles left on the manufacturer’s warranty.
What does a BMW warranty cost?
The primary concern you could have when choosing BMW extended warranty protection is whether the price is reasonable.
According to what we learned through our investigation, BMW Extended Service Contracts are somewhat pricey. A BMW extended warranty will cost you between $1,000 and $8,000 on average.
We located a BMW M4 owner who received a price for a five-year, 100,000-mile Platinum Plan for $6,500. The costs for the others were comparable.
We utilized the cost calculator for Cadillac’s Platinum Protection Plan to make a comparison. For a 2016 Cadillac ATS that is out of warranty, a five-year/60,000-mile contract would cost $3,750.60. As you could anticipate, the cost went up for older vehicles with more mileage.
How much does BMW’s warranty cost?
Cost of a BMW Extended Warranty A BMW extended warranty that is bought outright from a BMW dealership can cost between $1,000 and $1,5000 per year, with a $50 deductible for repairs covered by the BMW extended warranty, according to CARCHEX.