Although the original factory warranty cannot be purchased, you might be able to discover a used automobile with a valid warranty. However, whether from the dealership or a third-party source, you can purchase a BMW extended warranty for a used car.
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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.
RAC provides a complete solution if you’re seeking for a BMW extended warranty to safeguard your vehicle against numerous defects.
For good reason, BMW has become a household name among auto aficionados worldwide. However, some of the same possible flaws that every vehicle is liable for still apply to the brand.
- Their usual manufacturer guarantee is only good for three years, so at that point, fixing unanticipated problems might get quite pricey.
- You may have piece of mind knowing that electrical, mechanical, and other related expenditures will be covered with BMW car warranty coverage from RAC.
- A BMW used car guarantee from RAC could be quite helpful for pre-owned vehicles because problems are more likely to occur in older vehicles after the manufacturer’s warranty has expired.
- A BMW car warranty from RAC could provide you peace of mind knowing your vehicle is completely protected from unforeseen problems. It can cover the costs of wear and tear, MOT failures, recovery, and more for an additional fee.
Warranty for BMW Certified Pre-Owned Vehicles
You will receive an additional year of coverage and unlimited miles if you buy a certified pre-owned car from BMW in addition to the balance of the original 4 year/50,000 mile warranty that came with your car. A certified pre-owned warranty from BMW is a little less extensive than what is provided by other manufacturers when this level of coverage is taken into account. Roadside service from BMW is also included in this CPO warranty as travel insurance. You can also purchase additional BMW extended car protection.
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.
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.
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.
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. What occurs, though, after the new car warranty on your BMW expires? A BMW extended warranty can be purchased.
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.
Does the BMW warranty transfer?
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 can I tell whether my BMW is still under warranty?
Message the dealership 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.
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.
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 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.
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 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 does the BMW warranty cover?
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 car basic warranty covers a number of components, including the engine, transmission, and suspension.