A BMW extended warranty that is bought outright from a BMW dealership can cost anywhere between $1,000 and $15,000 each year, with a $50 deductible for repairs covered by the warranty.
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Price of a BMW Extended Warranty
Although the Automaker doesn’t provide much information about the costs of particular BMW extended warranty options, numerous customers have shared their costs in online customer evaluations. BMW enthusiasts have revealed paying the following for their extended warranty plans on brand forums:
- For an extra year and 25,000 miles of Powertrain Plus coverage, the BMW Powertrain Plus Warranty costs about $2,000.
- Cost of the BMW Gold Warranty: $3,500 for a 7-year, 75,000-mile Gold warranty.
- Cost of the BMW Platinum Warranty: A three-year Platinum BMW Extended Service Contract costs over $7,000; a five-year, 100,000-mile Platinum Contract costs as much as $6,500.
We examined every significant warranty provider in terms of coverage, cost, and other factors. Here are the suggestions we have.
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.
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 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.
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.
BMW offers a warranty, right?
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.
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.
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?
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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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How can I tell if my BMW is still covered 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.
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.
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 covered by the BMW extended maintenance warranty?
As a component of the BMW Ultimate Protection Program, BMW of North America refers to its extended warranties as BMW Extended Service Contracts. Beyond what BMW owners of new, used, or certified pre-owned (CPO) vehicles receive under their original warranty, this protection is maintained. You can extend your coverage from the date of in-service for a maximum of seven years or 100,000 miles, whichever comes first.
Only repairs and replacements resulting from flaws in the material or workmanship are covered by the dealership’s extended warranties for BMW; typical wear-and-tear breakdowns are not covered.
The three BMW extended warranty programs are Powertrain Plus, Platinum, and Gold.
applicable to all three plans: Repairs are carried out by certified BMW technicians at authorized BMW facilities using only 100% genuine BMW parts. Also included is 24-hour roadside assistance.
What does the bumper-to-bumper BMW warranty cover?
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.
Can I subsequently purchase a BMW extended warranty?
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.
Is a BMW expensive to maintain?
Remove the Band-Aid now. Every 10,000 miles, BMW owners may anticipate paying between $150 and $400 per service. A significant service may cost up to $3,000 or more. In the end, owners spend more on maintenance and repairs than most brands, between $1,000 and $1,700 annually.
You may always purchase an extended warranty, either directly from BMW or through a third-party service contract, if you’re concerned about future ownership costs. Standard BMW maintenance expenditures are not covered by a car warranty, but it will cover pricey items that are more prone to break over time.
We’ve combed the market and selected a handful of the top third-party extended vehicle warranty companies because there are many possibilities for extended coverage. These are businesses who did well in regards to things like price, standing, and customer support.
To help you reduce your out-of-pocket vehicle ownership costs, compare the best BMW extended warranty packages above.
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.
Brake pads are they covered by the BMW warranty?
The factory-recommended maintenance procedures for brake discs, brake pads, and wiper blade inserts are all covered under the BMW Maintenance Program.
Are BMWs trustworthy?
Fortunately, ratings of BMW dependability from several organizations support that excellent reputation: Customer Reports Every BMW in the lineup received a score above average in the 2020 rankings. The i3 electric car and the X6 midsize SUV are BMW’s most reliable models, and the brand as a whole is ranked seventh.
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.