All three levels of BMW’s extended warranty protection must be acquired prior to the end of your vehicle’s original factory warranty. Here is a list of the car service agreements that BMW customers can choose from:
Any extended vehicle warranty option may be extended for a total of seven years or 100,000 miles from the time it was first put into service. As a result, you will only receive an additional 3 years/50,000 miles of coverage after the factory warranty expires. This period also covers the new car limited warranty.
The $50 deductible for each of the three levels of coverage for BMW extended vehicle protection must be paid at the time of the covered repair. At authorized BMW repair facilities, only authentic BMW parts are used in all repairs. BMW extended warranty protection can be transferred by drivers, however certified pre-owned (CPO) car owners must pay a $200 transfer charge.
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ninkorn
Regards, folks. I really received feedback from a few dealers, and they stated the following:
1) Extended Warranty – Only the original owner may purchase these.
You can extend your service contract for your BMW if you are the first owner for up to 6 years or 100,000 miles to cover mechanical issues.
2) Factory Limited Warranty – These are transferable to subsequent owners, as previous forum users indicated.
“A limited guarantee against manufacturing flaws is included with every new BMW purchase for the shorter of four years or 50,000 miles.
The warranty period starts on the earlier of the date of the vehicle’s initial retail sale or the day it is used as a demonstrator or corporate vehicle. And from that point on, whether it is with the original owner or a future owner, the BMW is insured for four years or 50,000 miles, whichever comes first.”
Transfer of BMW extended warranty to new owner?
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.
BMW extended warranties are they returnable?
Guys, My M3 was covered by an extended warranty when I totaled it. Does anyone know whether I can receive a refund, possibly one that is prorated? Also, if GAP insurance wasn’t needed, might it be refunded?
I’m aware that if you don’t reach the period or miles where the extended warranty starts to take effect, you can get your money back. I don’t think you can get a refund for the gap insurance. We regret learning about your car. I’m glad you’re ok.
I purchased an extended warranty for my 2005 ZHP. When I recently tried to trade the automobile, the dealer informed me that the extended warranty is tied to the vehicle and cannot be transferred or reimbursed. So I made the decision to keep the automobile for a further two years, use the extended warranty, and drive it. If not, I’ll have to sell the car to a private buyer, which is a terrific selling point.
The car must be judged a TOTAL LOSS in order to receive a refund for an extended warranty! Trading in or selling the car will not result in ANY warranty payments being made.
If you have an extended warranty (also known as an extended service contract) but have not yet entered the “extended warranty” term, you may be eligible for a reimbursement of 100% of the cost of the extended warranty, less a $50 processing fee.
You may receive a prorated refund if you are still covered by your extended warranty.
If you acquire an extended service contract, it cannot be transferred to the next owner of the vehicle. It is only valid for the original owner for the first six years or 100,000 miles after the vehicle is put into operation.
If your automobile has a CPO warranty or an extended maintenance warranty, both of these will pass to the new owner of the car but MUST be transferred into their name with a few documents. This does not apply to the e9x m3. If the name on the warranty contract does not match the current owner, the dealership must reject the CPO warranty.
Thank you; I didn’t know that! I was unaware that if I sell my car inside the extended warranty period after, say, five years, I will not be able to transfer the warranty or receive a refund (unless car is a total loss…..)
At the very least, BMW will provide the reimbursement if the automobile is sold within the stipulated 4 years/50,000 miles.
Can you transfer extended warranties?
An extended auto warranty can typically be transferred to a new owner. It depends on the provider whether a contract may be transferred, but the greatest businesses offer transferability as an extra benefit because it increases the value of a car when it comes time to resell it.
A bumper-to-bumper warranty can typically be transferred. The fine language of your contract should be carefully read to guarantee that this warranty, which offers the broadest coverage possible, can be transferred to a new owner. A transfer of ownership is also permissible with a powertrain warranty.
Does the extended warranty for Audi transfer?
Because Audi warranties are transferable, you can still be covered even if you purchase a used Audi from a private party. Check the age and mileage of your car if you’re unsure whether the Audi guarantee applies to it. It is most likely still under warranty if it is less than four years old and hasn’t covered more than 50,000 kilometers on the odometer.
Contacting an Audi dealership and inquiring about your remaining warranty coverage is the best method to know for sure. The dealership will be able to research your coverage history if you supply your VIN.
You might be interested in purchasing an Audi extended warranty if your warranty has run out. But is the extra protection necessary for your Audi?
The cost of the 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.
Does the second owner retain the BMW warranty?
Therefore, with one exception, the BMW Maintenance Program coverage is not transferable to subsequent buyers, owners, or lessees.
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.
Does the extended warranty for BMW include oil changes?
Factory Warranty for BMW Scheduled maintenance is included in the BMW Ultimate Care for three years or 36,000 miles (non-transferable). It also includes factory-recommended services like spark plug replacements, brake fluid changes, oil changes, and more, in addition to the BMW warranty coverage.
Is the extended warranty from Zurich transferable?
The extensive range of auto protection goods Zurich has to offer includes extended warranties. Unfortunately, it’s challenging to find out more about the choices for various vehicle repair contracts on Zurich’s website. This is probably because the only method to get a vehicle service contract from Zurich is through an authorized auto dealer when you buy your car. Unless you have had the insurance transferred to you by the vehicle’s previous owner, an extended auto warranty from Zurich may not be available to you if you’re trying to switch coverage or you bought your car privately.
Through endorsed nearby dealerships, Zurich does provide a range of extended warranty coverage options. These tiers of protection include comprehensive, standard, powertrain, and select.
- Almost everything in your automobile is covered, with the exception of cosmetic damage, ripped upholstery, shattered glass, and flat tires. Your car’s interior and exterior, cooling system, electrical system, heating and cooling system, steering, braking, suspension, drive axle, transmission, transfer case, and engine are all included. Roadside support, trip interruption insurance, and reimbursement for rental cars are also included.
- Standard: Provides coverage for all of the same elements as the comprehensive plan does, with the exception of the cooling system, interior, and outside of the vehicle.
- Powertrain: This category includes the engine, transfer case, transmission, and drive axles, which are all involved in sending power to your car’s wheels.
- Choose: This flexible, cost-effective package covers alloy wheel damage, aesthetic damage to tires, and windshield repair.
Zurich also provides a range of additional service plans, including as Universal Security Guard theft protection, key protection, gap coverage, maintenance plans, and more. Despite having a small deductible, Zurich’s car service contracts can be used at any ASE-certified repair facility in the nation of purchase, unlike many extended auto warranties. Every extended warranty plan includes rental car reimbursement, trip cancellation insurance, and round-the-clock emergency roadside support. Additionally entirely transferable to the next owner of the vehicle is the Zurich extended warranty.
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.
How much is the BMW warranty?
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.
When you trade in a car, what happens to the extended warranty?
Unlike a factory warranty, which stays with you even if you trade in your car, an extended warranty often does not.
Usually seen on used cars, an extended warranty is distinct from an original warranty. You can buy them separately at a dealership, from a third party, or from your insurance company. Service contracts and extended warranties both have tiny print that you should carefully review before signing.
An agreement that the manufacturer would pay for specific repairs is known as a factory warranty. The details change. Original manufacturer warranties, however, usually cover the powertrain or bumper to bumper and are valid for a set number of miles or a set period of time after the vehicle is purchased.
Can you return your money if you cancel your extended warranty?
Anytime you decide to cancel your extended warranty, you’ll receive a prorated refund for the period that was left on your policy. If the warranty was part of your loan, your car payment won’t change, but after the refund is taken out of your balance, you might be able to pay off the car sooner.
To make the cancellation process as simple as possible, think about the following advice:
Check the small print. For information on who to contact and whether there is a cancellation fee, locate the paperwork for your insurance. Call the finance manager who sold you the extended warranty if you just purchased it and you don’t yet receive the contract. You might need to get in touch with the business through phone or letter regarding third-party warranties.
Just refuse. Be aware that if you phone a warranty business, you will likely be routed to a department that is trained to persuade you to stay with them. Just keep declining; don’t feel like you have to give an explanation.
Get it down on paper. Get a copy of any cancellation forms that you might be required to fill out signed by a dealership employee. Keep copies of any pertinent paperwork, including your cancellation letter or form.
Following up To ensure that your cancellation was successful, schedule a reminder. You can speak with your lender or check your loan statement.
Can you provide the new owner the warranty?
The original owner of the car will typically need to get in touch with the warranty provider and give permission for the warranty to be transferred. The purchaser of the car could also be asked to get in touch with the warranty provider and supply updated personal and contact details.