How To Get BMW Extended Warranty?

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Is a BMW extended warranty worthwhile?

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.

Cost of BMW Extended Warranty 2021

Your precise level of coverage will determine how much your BMW extended warranty will cost; the more systems and components it covers, the more it will cost. However, instead of filling you with fear while taking your automobile to the mechanic, this monthly payment can provide you peace of mind.

A manufacturer-provided extended warranty will set you back between $1,000 and $1,500. The cost of the BMW extended warranty may also be folded into your auto payment, which means that you may really be paying interest on it. Your choice of deductible may also affect how much a BMW extended car protection plan costs.

What Is Covered By A BMW Extended Warranty?

When you acquire a new BMW, you have the option of adding an extended warranty. BMW offers three different levels of warranty protection, with lengths of up to 7 years or 100,000 miles.

What each BMW extended warranty plan includes is as follows:

  • Platinum: Excludes a small number of important mechanical and electrical car items from coverage.
  • Various levels of coverage for the engine, gearbox, drive assembly, electrical system, cooling system, and fuel system are included in Powertrain Plus.

Every plan has a number of exclusions, which are typical of most extended auto warranties. The following items are excluded:

  • Upholstery
  • Waxed cloth
  • Glass
  • Bumpers
  • outside trim
  • Tires
  • Wheels
  • footwear and brake pads

Options for an extended warranty on used BMWs:

In addition, BMW offers Powertrain Plus as another alternative for drivers whose cars are no longer protected by the original manufacturer’s warranty and who want to extend their warranty protection.

Additionally, the enrolled vehicle must be less than seven years old and have less than 80,000 miles on its odometer at the time coverage is purchased in order to be eligible.

If a BMW owner satisfies these two conditions, they may choose one of the following three service terms:

  • 12,000 kilometers or 12 months
  • 24,000 miles or 24 months
  • 36,000 miles or 36 months

In addition to the three extra programs offered by BMW, drivers who choose to purchase a BMW Extended Warranty and whose vehicles are still covered by an original manufacturer’s warranty are invited to take part in the prior plans mentioned above.

These are listed below:

  • 100,000 kilometers or five years
  • 100,000 kilometers or six years
  • 70k miles or 7 years
  • 100,000 kilometers or 7 years

Please take note that the mileage and time requirements listed above for vehicles still covered by the original factory warranty are determined using the vehicle’s initial in-service date and starting from zero instead of the reading obtained at the time the vehicle was signed up for the extended warranty program.

For instance, the contract expiration date for a new automobile acquired on 3/21/2014 and enrolled in the 6-year/100,000-mile Extended Warranty Program will be 3/20/2020 or when the vehicle reaches 100,000 miles, whichever comes first.

We emphasize this because a lot of drivers mistakenly believe their warranty coverage starts with the first repair visit, which is incorrect.

It should be noted that a $50 service visit deductible applies to all BMW warranties, including factory coverage for new cars and all extended warranties that BMW provides.

Every outstanding Certified Pre-Owned BMW includes a protection plan made to provide you with the utmost peace of mind.

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 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.

BMW offers warranties for sale.

Extended Warranty Protection for BMW You are covered by the BMW new car warranty for four years or 50,000 miles (whichever comes first). What occurs, though, after the new car warranty on your BMW expires? A BMW extended warranty can be purchased.

How do I give my automobile an extended warranty?

A dealership or a third-party warranty provider that specializes in extended vehicle protection are two places where you can get an extended warranty.

  • Dealership extended warranties can be bought straight from an automaker or dealership. The fine print of some dealer warranties may prohibit you from using mechanics outside of their own facility. Additionally, they might demand that you only use OEM (original equipment manufacturer) components.
  • To accommodate various needs and price ranges, third-party warranty providers provide a wide range of extended warranty alternatives. Vehicle protection plans and servicing agreements are available from providers like CARCHEX for many different vehicle makes and models.

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.

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.

What does the BMW warranty cover?

Every brand-new car has a warranty when it leaves the factory. For a predetermined amount of time, this agreement protects specific mechanical parts and systems from manufacturing flaws. A

External body panels, emissions equipment, bumper-to-bumper, and other components are all covered by separate warranties. The first to reach the specified amount of years and miles wins.

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-vehicle standard warranty covers the engine, transmission, and suspension, among other components. If something breaks within the warranty term, BMW-certified mechanics will fix it for free using authentic BMW parts.

The 12-year, unlimited-mile rust perforation warranty offered by BMW attests to the superior build quality, durability, and paintwork of their vehicles.

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Additionally, BMW offers a government emission warranty that lasts for two years or 24,000 miles, whichever comes first, to make sure your vehicle operates cleanly and reduces pollution.

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With the BMW Ultimate Care Program, you now get the added benefit of free routine maintenance for the first three years or 36,000 miles when you buy a new BMW. This practical curriculum, which addresses oil changes, spark plugs, brake fluid, and other topics, makes sure your BMW operates efficiently. A

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.

Does the extended warranty for BMW include oil changes?

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.

What is the length of the BMW warranty?

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.

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.

Does the BMW warranty cover an oil change?

One of the most thorough maintenance programs in its class, the BMW Maintenance Program includes all factory-recommended maintenance, oil and fluid services, as well as the repair of parts that become worn out over time, like brake pads, brake rotors, and wiper blade inserts.

Water pump coverage under BMW warranty?

Powertrain: The items that mechanically propel your car are covered by the warranty. Engine: The engine block, control module, and water pump are all covered.

Is the extended service contract for a BMW 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.

Can I get a warranty for my current vehicle?

The simple answer is that you can typically acquire a used automobile warranty after you’ve made a purchase, but there are a few considerations. There are a lot of questions you can have regarding the procedure even if you can acquire an extended warranty for your used automobile or vehicle after the date of purchase.

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.