Can I Buy A Warranty For My Used BMW?

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A four-year, 50,000-mile New BMW Limited Warranty is included with every new BMW. The coverage is extended for an additional seven years or 100,000 miles by purchasing a BMW Extended Warranty.

Repair expenses related to production-related material or workmanship flaws in your automobile are covered by the BMW Extended Warranty. All fixes are done with BMW replacement components by specialists who have been qualified by BMW. Roadside support is also included in the BMW extended warranty.

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Do BMW Extended Warranties Pay Off?

You should consider a BMW extended warranty in light of typical BMW maintenance costs as well as the warranty protection that comes standard with new BMWs.

BMW’s factory warranty is also for 4 years/50,000 miles and covers the whole car, just as the Mercedes-Benz warranty. Beyond that, there is no additional powertrain coverage, unlike with several other luxury brands like Acura, Infiniti, Cadillac, and Genesis. The latter has a powertrain warranty of ten years and one hundred thousand miles.

Roadside support from BMW is valid for four years without a mileage cap, and the corrosion warranty is valid for 12 years and unlimited kilometers. Since many new BMWs are leased, owners need not worry about the warranty expiring unless they want to purchase the vehicle at the end of the lease.

The original 4-year/50,000-mile warranty on a BMW certified pre-owned (CPO) vehicle, as well as an additional year of coverage with unlimited miles, are included with the purchase of a CPO vehicle. You can purchase a BMW Extended Vehicle Protection Plan in addition to this warranty, which also includes travel insurance through BMW Roadside Assistance. On a non-CPO used BMW, you cannot purchase a protection plan through the manufacturer.

The BMW Extended Warranty: What Is It?

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.

Several Vital Points to Bear in Mind

It makes sense to think about your warranty options because your used BMW is likely an investment that you want to protect. Additionally, maintaining a BMW is notoriously pricey. The typical annual maintenance expense for a BMW is close to $1,000, claims one repair website. These are solid justifications for considering extending the warranty on your car. Here are some crucial factors to think about when you evaluate your options:

  • The car must still be covered by the original factory warranty in order to be eligible for Platinum or Gold level coverage if you purchase an extended warranty from BMW. Otherwise, Powertrain Plus may be your only eligibility option.
  • The standard wear and tear items like brake pads and filters are not covered by BMW’s factory guarantee. Additionally, this is true for their extended warranties.
  • Even though your used BMW is no longer covered by the manufacturer’s warranty, third-party warranties can still apply. They might also increase the warranty’s duration or the number of miles covered.
  • Only approved BMW facilities may service your vehicle in accordance with BMW’s warranties. This does ensure that it will be repaired by certified BMW mechanics using only BMW components.
  • Since BMW is a reliable automaker, you may assume that they will remain operational for the duration of your warranty. A smaller company may offer you a better rate, but you may not have as much faith in their ability to remain in operation in five to ten years.

Yes, you can purchase a guarantee for your used BMW, and depending on how long you want to keep the vehicle and the cost of repairs, it can make sense. Since BMWs are often sturdy, dependable automobiles, there’s a decent probability that even your old car will function flawlessly for at least a few years. However, that guarantee can come in handy when you receive the bill if you need to take it to the shop for repairs.

Our goal at FIXD is to make owning a car as easy, simple, and affordable as we can. Our research team develops tools and resources to give drivers peace of mind and financial savings during the course of their vehicle using the most recent automotive data and insights.

How do I obtain an additional warranty on a pre-owned BMW?

I recently acquired a secondhand BMW. It runs flawlessly and has no visible cosmetic flaws. But whenever I purchase a used car, I always have some trepidation. How do I get an extended warranty for my pre-owned BMW?

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A used BMW extended warranty is available from either a BMW dealership or a third-party supplier. Everything depends on how you acquired the vehicle.

You can be qualified for an extended warranty if you purchased the vehicle from a BMW dealership. To find out if you can get one, contact the dealer. You might need to buy a third-party extended warranty if you bought the automobile from a private party. Just be sure that the business you select to acquire this warranty from is reliable.

Whether or not you choose to purchase the BMW extended warranty, downloading the Jerry app will always help you save money on future repairs. Simply respond to a few questions on your coverage requirements and compare quotes for BMW insurance to ensure you always get the best deal.

In just 45 seconds, Jerry, a reputable and authorized insurance broker, gathers quotes from more than 55 of the best insurers. Jerry can assist you with purchasing new insurance and canceling your old policy if you discover a fantastic deal. Users save more than $800 year on average.

warranty for BMW pre-owned vehicles

The BMW Certified Pre-Owned (CPO) Warranty is one of the main reasons why consumers purchase pre-owned BMWs in the first place. The 4 year/50,000 mile New Vehicle Limited Warranty is carried over, making it virtually identical to purchasing a brand-new car. However, it goes beyond than that.

The New Vehicle Limited warranty is extended by an additional year and unlimited miles by the CPO warranty. Keep in mind that this only applies to components of the car that are deemed to have manufacture flaws, not to maintenance or wear-and-tear issues.

Naturally, not all automobiles can be certified. When a used BMW is received, a licensed BMW dealership is required to do a comprehensive inspection, check the CARFAX or AutoCheck report, and guarantee that only genuine BMW parts are utilized. In addition to sending BMW North America all of this paperwork, a charge is also paid. BMW North America can only certify the car after these processes.

A few additional benefits come with choosing to buy a Certified Pre-Owned BMW. For Certified purchasers, BMW Financial Services often provides incentives and loan rates that are more affordable. Naturally, extended service contracts supported by BMW are usually considerably more expensive.

Eligibility for BMW Extended Warranties

You can add BMW extended warranty protection at the time of purchase or at any time before the original factory warranty expires if you buy a new or certified pre-owned BMW. In the event that an expensive repair is required soon after the original warranty expires, it is typically advised to buy an extended warranty plan before the manufacturer warranty expires.

WARRANTY FOR USED CARS APPROVED BY BMW

We are aware that even though your BMW isn’t brand new, protection is still crucial. The 12-month BMW Approved Used Car Warranty is intended to safeguard your financial investment and lower the cost of owning a BMW. In the event of manufacturing flaws, the warranty offers 12-month coverage for your battery, exhaust system, and other components. You are protected against some of the unforeseen expenditures that could result from a MOT failure by the inclusion of BMW Roadside Assistance and MOT Protect coverage.

What kind of coverage already do you have?

Your new BMW is covered by a limited manufacturer warranty, which is comparable to a bumper-to-bumper guarantee, when you buy it.

The majority of recent BMW models include the following coverage:

  • Limited manufacturer warranty: 50,000 miles/four years
  • Warranty against rust perforation: 12 years/unlimited miles
  • Federal warranty on emissions: two years and 24,000 miles
  • Control mechanisms specific: 7 years/70,000 miles

The first retail sale date or the day the car is first put into service marks the start of BMW’s limited warranty.

When faults in the materials or the workmanship are found, drivers must take their cars to approved BMW repair facilities. The damaged parts will then be repaired or replaced with new or remanufactured authentic parts at the authorized BMW locations.

Additionally, BMW provides some CPO coverage for automobiles. Your automobile will be protected if you buy a CPO car up until the end of the limited manufacturing warranty. Your BMW Certified Pre-Owned warranty takes effect after the initial period of coverage expires, giving you an additional year of protection. At the time of purchase, you can optionally decide to add a sixth year to your CPO warranty.

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.

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.

What is not covered by the BMW warranty?

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 nullifies the BMW warranty?

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?

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.

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 a used car be given a warranty?

Yes, getting an extended warranty for a secondhand car may be worthwhile, particularly if you don’t have any money saved aside for unforeseen auto repairs. An extended warranty can be helpful for a used automobile because mechanical problems are more likely to occur as autos age.

Does the second owner retain the BMW warranty?

response given by Whether a CPO warranty or a new vehicle warranty, the majority of BMW warranties are transferable. Additionally, this covers added warranties. The only drawback is that a $200 transfer charge might be required.