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.
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Cost of a BMW Extended Warranty
Each person’s extended car warranty cost will be unique. The following variables affect the price of the BMW extended warranty:
- vehicle type
- automobile mileage
- Coverage percentage
- length of the agreement
- Deductible
Additionally, several dealerships may give you different quotes. The price of a BMW extended warranty is negotiable, just like the cost of your car.
Vehicle service contracts for BMWs are likely to be expensive because they are expensive to maintain. Some clients claim that the cost of a 5-year/100,000-mile Platinum contract might reach $6,500. Our study indicates that the price range for an additional manufacturer’s warranty for a BMW is between $3,500 and $6,000.
Cost of a BMW Extended Service Contract
CARCHEX estimates that the annual cost of an extended warranty purchased straight from BMW will be between $1,000 and $1,500. Our analysis indicates that the total cost of an extended manufacturer’s warranty for a BMW will probably range from $3,500 to $6,000. Regardless of the BMW extended warranty coverage plan you select, you’ll receive 24-hour roadside assistance and have the option of a $0 or $50 deductible for covered expenses. These repairs must be carried out by a BMW Authorized dealer for you to be covered.
Manufacturer’s warranties from BMW and options for extended warranties:
If you were fortunate enough to purchase your car or SUV between 2016 and the present, you are eligible for the “Ultimate Care standard” for the first three years or 36,000 miles. And keep in mind, whichever happens first. What the BMW Ultimate Care program includes is as follows:
- Motor Oil
- Motor Filter
- brake liquid
- Interior Microfilter (s)
- Motor Air Filter (s)
- Spiking Plugs
- Battery for a remote control or key
- Check the vehicle
- Engine Filter (Diesel engines only)
The BMW Maintenance Program is a choice for older vehicles that were produced no later than 2014.
The Maintenance program resembles BMW’s response to a vehicle service agreement quite a bit. These let BMW owners essentially pre-pay for their routine maintenance appointments but not for the expected wear and tear items.
Your car will be protected by this package for the first four years or 50,000 kilometers. Whichever of the two happens first, once again.
There aren’t any other choices for extending your factory warranty directly from BMW except from the coverage plans we just discussed. So what should you do if your car is an older model than 2014?
The corporation doesn’t intentionally push drivers into newer models, even though their existing one may still last for years. It’s just the way that automakers operate.
The most important caveat about BMW’s coverage choices is that each one can only be used by the original buyer.
BMW warranties cannot be transferred outside of the home, to put it simply. Therefore, if you intend to give your spouse or child the BMW, they will also receive the same advantages as you.
However, you best get that marriage and adoption paperwork submitted if you intend to sell to someone else or are actually purchasing a BMW from someone outside of your family (which is silly and costly to do but people do strange things to save money).
Can a used BMW be covered by a warranty?
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.
How can I tell whether my BMW is still under warranty?
The only reliable approach to determine your vehicle’s factory warranty if you cannot locate the VIN number is to contact or go to your neighborhood dealership. They can tell you exactly what is and is not covered, if anything at all, but they will require the VIN number to dig up the details.
BMW may provide a five-year warranty.
Despite mounting demand to extend its guarantee from three to five years, luxury manufacturer BMW stated in December 2019 that it has no intentions to do so. In less than six months, it would become the only widely used luxury emblem to not offer five-year coverage as a permanent feature or as a limited-time promotion.
How long is the warranty on a BMW?
The coverage period for the new BMW Warranty is up to four years or 50,000 miles, whichever comes first. What’s left of your new vehicle’s limited warranty is covered by the BMW Certified Pre-Owned Warranty, plus an additional year of coverage with no mileage restrictions.
What kind of warranty is provided by BMW?
BMW provides a single, all-inclusive warranty that covers the vehicle from bumper to bumper and lasts for four years or 50,000 miles. The warranty’s coverage is all-inclusive, much like a standard limited warranty, thus practically every component of a car is covered.
The BMW warranty appears to be devoid of any kind of conventional powertrain warranty. It’s simple to think that because a bumper-to-bumper warranty is all that’s offered, you won’t get the specialized protection an engine, transmission, and drivetrain warranty offers for these parts.
BMW has merely done away with the redundant coverage that the comprehensive and powertrain warranties produce. All the same components a powertrain warranty covers are included with the majority of BMW’s factory coverage, with the bumper-to-bumper warranty covering everything save regular wear items.
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 kind of warranty is there with BMW?
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.
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.
What renders a BMW warranty void?
I want to change a couple things with my BMW. It is still covered under warranty at the moment, but I don’t want to unintentionally void it by performing any of these changes. Do certain modifications or other actions nullify a BMW warranty?
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A modification that results in mistakes or issues with components of the automobile covered by the initial BMW warranty is the only thing that could void the warranty. For instance, if replacing the exhaust system or changing a turbocharger for a supercharger results in the failure of a covered component, the warranty may be nullified.
The guarantee wouldn’t be nullified, though, if you switched to larger wheels or tires, tinted your windows, or covered your taillights in black. The Magnuson-Moss Warranty Act of 1975 provides federal protection for warranties, so as long as you don’t harm other components, you should be fine to go.
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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 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.
Can I get a warranty for my current vehicle?
Yes, you may get an auto warranty after buying a car. It’s crucial to keep in mind, though, that the coverage can vary from what it would if you had purchased the warranty at the time you bought the vehicle.
How can I check the warranty on my car?
Vehicle warranties do not always apply. Therefore, you must uphold your half of the contract and maintain your car in accordance with the manufacturer’s instructions if you want your manufacturer to fulfill their word.
There will be a suggested maintenance regimen in your owner’s manual. Observe it. Schedule your oil changes, wheel alignments, and fluid changes accordingly. This is necessary to keep your warranty in effect, but it will also assist keep your automobile in the finest condition possible.
Can I purchase a secondhand automobile with a warranty?
A new car’s initial bumper-to-bumper warranty normally lasts three years or 36,000 miles. Your secondhand automobile can still be covered by the manufacturer’s warranty depending on how old it is. If not, your automobile might be eligible for a dealership’s limited powertrain warranty, which will protect it for a set number of years or miles.
One of the greatest used automobile warranties is offered by the independent company Carchex. It has an A+ rating with the Better Business Bureau and offers service contracts up to 250,000 kilometers.
If you want to drive with confidence, used automobile warranties are typically an excellent choice. However, you’ll need to assess whether the investment is worthwhile by considering how long you intend to keep the car, how dependable it is, and how concerned you are about costly repairs.
One of the longest factory warranties in the industry, Hyundai provides a 5-year/60,000-mile bumper-to-bumper guarantee and a 10-year/100,000-mile powertrain warranty on all of its vehicles.
On a secondhand car, the majority of dealerships offer a 30-day factory warranty. Drivers can acquire a used car warranty from the dealer or an aftermarket warranty from a third-party supplier after the primary warranty has expired.