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.
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BMW Extended Warranty Questions
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.
Companies with Featured Extended Warranties
BMWs can be pricey to maintain because they are premium automobiles. This makes a BMW extended warranty an appealing choice since it provides drivers with the assurance that their finances will be safeguarded in the case of a significant breakdown. But does BMW really give its cars the best protection?
In this analysis, we’ll examine BMW’s factory warranty, typical maintenance expenses, and extended warranty fees and coverage in more detail. We’ll also compare BMW to one of the greatest extended auto warranty providers in the business.
You must make contact with a nearby dealership to request a price for a BMW extended warranty. Get free quotes from a few top suppliers and compare prices to find out how much a third-party protection plan might cost you.
Can I purchase a longer warranty for a used BMW?
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 is covered by the BMW extended maintenance warranty?
Your BMW should have exceptional coverage. ESC offers three levels of coverage so you may choose the one you need, extending your vehicle’s coverage for up to 7 years or 100,000 miles. Additionally, BMW promises unrivaled quality of service by ensuring that all repairs are carried out at authorized repair facilities using only 100% Original BMW parts.
Can the BMW extended warranty be canceled?
I purchased an extended warranty for my BMW since I had planned to retain it for a very long time when I first purchased it a few years ago. However, I’ve just recently made the decision that I want a new car, so is there a way to discontinue my BMW’s extended warranty?
In less than two minutes, find out if your auto insurance is being overcharged.
You’re not the only person to raise this question, for sure! Fortunately, terminating your BMW extended warranty is rather simple. Just visit your neighborhood dealership to chat with a loan specialist.
You must first gather the following items:
- Assurance Agreement Number
- Auto VIN
- actual miles
The proof of loan payoff will also be helpful if you have already obtained your new car and have either sold or traded in your BMW.
Since you’re obtaining a new automobile, this is the ideal time to shop around for the best deal on the auto insurance you require. To compare prices on the coverage you need from more than 55 leading insurance companies, download the free Jerry app.
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.
How long is the BMW warranty good for?
The New BMW Limited Warranty Covers What? You are covered against manufacturing-related flaws in materials or workmanship when you buy a new car from BMW. This warranty period lasts for four years or 50,000 miles, whichever comes first, and it begins on the day the new car is sold.
Brakes are covered by the BMW extended warranty?
If your automobile experiences a technical failure, a BMW extended warranty may be able to give you additional peace of mind. Drivers have the option of purchasing extended warranty coverage from a third party or from a dealership. However, it’s crucial to take into account your financial situation and the dependability of your car.
Information on the cost of extended warranty coverage is not provided by BMW. The dealership from whom you acquire coverage, your location, the mileage of your car, and the selected plan type will all affect the cost.
BMW extended warranties are available from both dealerships and independent warranty providers. Only when your initial factory warranty has expired can you purchase BMW extended warranty options from dealerships.
Brake pads and wiper blades, which are subject to typical wear and use, are not covered by BMW extended car warranties. Tire rotations and oil changes, two common BMW maintenance requirements, are also not included.
Which warranties apply to new BMWs?
The standard new-vehicle limited warranty from BMW protects you from faults in materials or workmanship for a period of four years or 50,000 miles. The BMW new car basic warranty covers a number of components, including the engine, transmission, and suspension.
A BMW end of warranty inspection is what?
One of our BMW-trained experts will examine all of your car’s systems and parts during a free BMW End of Guarantee Check to look for any problems that are covered by the three-year BMW warranty.
Any warranty-covered repair work will be performed completely free of charge because the End of Warranty Check is completed before your BMW warranty coverage expires.
Any unfinished recalls will be completed at the same time as even the tiniest faults are resolved.
Finally, we will provide you a thorough video report of your car’s health inspection so you have a full understanding of the state of your BMW.
What does the BMW warranty not cover?
The new BMW guarantee does not cover components like brake pads and filters that experience typical wear and tear. Additionally, it won’t cover damages brought on by inappropriate use or sun damage.
Is there a lifetime warranty for BMW?
As long as you own your car, you are covered. You are covered FOREVER as long as you carry out the routine maintenance specified in your Warranty Forever(r) agreement.
Is an extended warranty on a new car worth it?
Extended warranties are ideal if you need extra protection or can’t afford the cost of unforeseen repairs, regardless of whether you drive a new or old automobile. Without an extended warranty, it could be challenging to cover the cost of necessary repairs, replacement parts, and labor after a manufacturing guarantee ends.
Getting an extended auto warranty, like one from market leader CARCHEX, takes care of this worry and guards against pricey repairs. Additionally, it takes the effort out of doing tedious paperwork and haggling with technicians to get a fair price.
Do extended warranties merit the cost?
Extended warranties are often “a lousy value” when it comes to the overall cost of your car, according to Gillis. 55% of consumers who bought an extended warranty in a Consumer Reports poll never used it. Most people who used the guarantee ended up spending more on repairs than they had originally saved.
Additional negatives include:
- Overlap: If you already have coverage from the manufacturer’s warranty or a mechanical breakdown insurance policy, you may not need the extended warranty. In that situation, according to Gillis, “the extra coverage is not worth the premium.”
- Exclusions: The fine language in every contract outlines how the warranty may be applied. For instance, the provider can refuse to pay for issues brought on by regular wear and tear or lower the claim settlement in light of your car’s depreciation.
- A percentage of the repair expense may be covered by some extended warranties. The remainder, along with a deductible, is your responsibility.
- Limitations: You might need to bring your automobile to a repair facility that has been approved by the warranty instead of choosing your own technician.
- A Consumer Reports poll found that 55% of those who purchased extended warranties never used them.
Can I use my extended warranty right away?
The standard waiting (or validation) period for extended warranties and car protection plans is 30 days and 1,000 miles. This is being done to help screen out issues that already exist.
Is the transmission covered by the BMW warranty?
Any material or workmanship flaws are covered by the New Vehicle Limited Guarantee for the duration of the warranty. Additionally, the Powertrain Warranty also covers issues with the engine, transmission, or drivetrain.
Can you get an extended warranty later on?
Even after the manufacturer’s warranty expires, you can purchase an extended warranty, albeit the cost will increase significantly.
Do oil changes included with the BMW warranty?
Model year 2017 and newer certified pre-owned BMW vehicles include a guarantee that covers certain regular maintenance items for the first three years or 36,000 miles. Oil changes, spark plug replacements, vehicle inspections, engine and cabin air filter replacements, among other services, are included.
Is engine repair covered by an extended warranty?
For the main parts of your car, an extended warranty functions as insurance. Your warranty provider will cover any necessary repairs if something breaks down and has to be fixed. There will only be a set deductible that you must pay.
Depending on the type of warranty you select, an extended warranty may or may not cover specific items. The engine, transmission, axles, and gaskets are among the essential mechanical components of your car that are typically covered by extended warranties.
Are BMW service agreements worth it?
In comparison to maintenance from independent repair shops, the BMW maintenance plan typically costs more. It might not be worthwhile if you drive fewer than 15,000 miles annually, which is the national average. However, if you use your car a lot, the maintenance plan might be more beneficial.
What does a BMW oil change cost?
How much does a BMW oil change cost? BMW oil changes typically cost between $135 and $175, with parts and fluids accounting for roughly $90 to $110 of that total and labor making up the remaining percentage.
Do BMW oil changes cost more money?
Response given by. You are correct! An oil change for a more cheap automobile will often cost between $35 and $75, while an oil change for a BMW will typically cost between $135 and $175. There are three reasons why prices differ: oil type, components, and labor