A limited warranty is included with a new BMW purchase. Since it comes with the car, it differs from an extended warranty in that you are not acquiring additional protection under a new contract.
The BMW guarantee covers the price to repair or replace manufacturing material or workmanship flaws, similar to the majority of manufacturer car warranties. Here is a brief overview of the various warranties and the duration of each system’s coverage.
2 years/24,000 miles for all emissions-related components. Control devices specifically: 8 years/80,000 miles
3 years/50,000 miles for all emission-related components. Control mechanisms specific: 7 years/70,000 miles 15 years/150,000 miles for TZEV vehicles
Your new 8 Series Gran Coupe or M2 CS is essentially completely protected by these warranties. There are just a few limited limitations to the bumper-to-bumper coverage of the New Vehicle Warranty.
If you want to avoid paying for repairs out of pocket after the first four years of ownership of your BMW, an extended warranty is definitely something to think about.
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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.
cost of maintenance
If your automobile is dependable and maintenance costs are reasonable, a BMW extended warranty might not be worthwhile even after the manufacturer guarantee ends.
But as every owner of a BMW knows, maintaining a BMW is exceptionally expensive. BMWs are expensive luxury vehicles, therefore repairs can be pricey. According to RepairPal, a BMW costs $968 on average each year to repair. Depending on the exact model, this price changes.
Common BMW issues and the associated costs of repairs include:
- Replacement cost for a brake master cylinder: $471 to $722
- Replacement cost for an air conditioner’s compressor: $4,350 to $4,665
- Replacement of a wheel hub: $352 to $413
- Replacement of an AC evaporator: $1,518 to $1,744
The majority of BMW automobiles receive a dependability rating from RepairPal between 2.0 and 3.0 out of 5.0. In particular, the BMW X5, X3, 750Li, and 335d receive poor marks. Even among BMW models, the 335d has a high average annual repair cost of $1,113.
Compare the cost of an extended warranty against the repair costs for your specific BMW model. Even if the only benefit of a car protection plan is peace of mind, knowing this will help you assess its potential value.
Reviews of BMW Extended Warranties
Your car can receive additional security through a BMW extended warranty for up to 75,000 or 100,000 kilometres. While third-party bumper-to-bumper warranties and BMW’s Platinum coverage are identical, you might be able to negotiate a lower deal and a longer duration with an aftermarket provider.
The other benefits, including as rental coverage, trip interruption, roadside assistance, and towing, may also be more durable than anything provided by this particular manufacturer. BMW’s extended warranty is ultimately only average compared to other automakers’ warranties, which provide greater coverage and further advantages.
Because of its higher pricing and shorter coverage durations compared to other manufacturing warranties, what BMW is offering is ultimately quite constrained when compared to other manufacturer-backed extended warranties. Although buying an extended warranty for your car might be worthwhile, we don’t think spending money on a warranty straight from BMW is. You should be able to acquire aftermarket insurance that offers a comparable level of protection and is less expensive, more durable, and flexible.
Companies with Featured Extended Warranties
Only the first few years of ownership are covered by the BMW limited factory warranty. If your car breaks down after that and you don’t have a BMW extended warranty coverage, you might have to pay a substantial repair bill.
Your options for a BMW extended warranty, service options, pricing, and alternative plans are all explained in this article. The Home Media reviews team will then assess some of the most recognized extended auto warranty providers against BMW’s coverage.
BMW Extended Warranty Questions
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 BMW’s warranty good?
For four years or 100,000 miles, whichever comes first, BMW offers a manufacturer warranty. The maximum period of protection from BMW is seven years/100,000 miles after the date of in-service.
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 does a BMW warranty cover?
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 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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Is the extended service contract for a BMW 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.
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 purchase a longer warranty for a used BMW?
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.
Is the warranty for BMW applicable to paint?
BMW USA Factory Warranty covers failures brought on by errors in engineering or design during assembly for 4 years or 50,000 dollars in bumper-to-bumper repairs.
For the first four years, BMW will cover the cost of all labor and parts needed to repair or replace any malfunctioning mechanisms.
BMW Factory Warranty does not cover wear to upholstery and trim from regular use, paint chipping, modified parts, or improper usage-related damage.
Owners who want to purchase extended coverage have three options from BMW USA: Platinum, Gold, and Powertrain.
The engine, drive assembly, transfer case, transmission, radiator, fuel pump, water pump, infotainment, electrical, air conditioning, heat, and steering are all covered by BMW USA Platinum.
Section 5a of the Sample Plan, which is included in the PDF section below, lists the only things that are not covered.
Similar lists of things are covered by the Gold extension, although fewer electrical components are covered than under the Platinum plan.
The radio, entertainment system, navigation, infotainment, or any element of such systems are not included with the Gold Plan, in contrast.
The copay for a BMW repair visit is $50. The cost remains $50 even if multiple repairs are finished in one visit.
At any BMW dealership in the USA’s Finance Department, current owners can purchase the Platinum Plan.
When you sell your BMW privately, your extended warranty may be transferred to the new owner.
Within 30 days of the sale, get in touch with the Administrator to get a Transfer Application Form and supply the following information:
- Notarized title change paperwork
- odometer statement with date of sale notarized
- evidence of proper upkeep
- Your first copy of the contract and declaration
- Name and location of the new owner
- Transfer Application Form, filled out
- Transfer cost of $50
Before submitting your documents, check the fees and forms with the Administrator. Some exclusions might be valid.
Repairs are carried out using 100% OEM parts fitted by BMW specialists at the owner’s choice of any factory-authorized BMW facility.
Is maintaining a BMW expensive?
BMWs are by far the most expensive car manufacturer to repair, claims Your Mechanic. The competition is not even close. With an average maintenance cost of $17,800 over ten years, BMW comes in #1. Mercedes-Benz came in second with an average maintenance cost of $12,900 during a 10-year period. In contrast, the typical Toyota only cost $5,500 to maintain during a 10-year period because they are recognized for requiring less maintenance.
According to Your Mechanic, such high maintenance costs are usual in German premium vehicles. Audi comes in sixth with an average $12,400 maintenance expense over a 10-year period. This is primarily a result of the pricey, high-end parts that these luxury vehicles require. Naturally, it will cost a lot of money to fix those pieces when they break or need maintenance.
However, while being premium vehicles, they also have ongoing problems. For instance, according to Your Mechanic, a BMW is four times more likely to not start than a typical automobile. It was ranked seventh overall as a result. Additionally, the window regulator on the BMW required replacement 18 times more frequently than the window regulator on the ordinary car.