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.
In This Article...
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.
Final Verdict: BMW Extended Warranty
Given the high maintenance costs of BMW automobiles, an extended warranty is more likely to be valuable. However, BMW extended warranty agreements must be obtained at the same time as your new BMW and are pricey.
We advise clients searching for BMW extended warranty coverage to compare prices and features from independent companies like Endurance in addition to the manufacturer. Below, you can request free quotations from a handful of the best vehicle warranty companies.
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.
What is the price of a BMW extended warranty?
The model of your car and the plan you select are only a couple of the variables that affect how much BMW extended service contracts cost. Additionally, BMW dealers determine their own prices, thus prices will vary by region.
Very few cost projections for BMW extended warranty policies could be found. A BMW plan, however, will cost more because it is a luxury brand. Parts for luxury cars typically cost much more than those for basic versions.
Expect a BMW extended warranty to be on the higher end of that range or possibly even exceed it since most ordinary extended warranties cost between $1,000 and $3,000. You might obtain a better deal by using that choice as third-party auto service contracts are almost always less expensive than manufacturer plans.
No matter the BMW extended warranty plan you select, any necessary covered repairs will have a $50 deductible.
What is covered by the BMW extended maintenance warranty?
Mechanical failures are covered by BMW’s extended warranty for up to 7 years/100,000 miles. Powertrain Plus, Gold, or Platinum are the three options available to drivers for coverage. Maintenance and environmental damage are not covered by the extended BMW guarantee.
What should the price of a BMW extended warranty be?
CARCHEX estimates that the annual cost of an extended warranty purchased straight from BMW will be between $1,000 and $1,500. Our analysis indicates that the total cost of an extended manufacturer’s warranty for a BMW will probably range from $3,500 to $6,000. Regardless of the BMW extended warranty coverage plan you select, you’ll receive 24-hour roadside assistance and have the option of a $0 or $50 deductible for covered expenses. These repairs must be carried out by a BMW Authorized dealer for you to be covered.
Is the cost of BMW servicing 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.
Is purchasing an extended warranty a waste of cash?
Purchasing an extended warranty is rarely worthwhile. Products don’t malfunction on their own, and when they do, repairs are typically less expensive than purchasing an extended warranty.
Yes, some customers have used extended warranties to significantly reduce their costs. I love that! But pause for a second and consider why a business would provide you with an extended warranty. The reply is that they are financially successful.
It’s usually preferable to forego the extended warranty and instead utilize the additional money to start an emergency fund. Nevertheless, each circumstance is unique, and some extended warranties are more helpful than others. We have investigated some well-known products that typically come with extended warranties in order to determine whether they are worthwhile.
Brakes are covered by the BMW extended warranty?
If your automobile experiences a technical failure, a BMW extended warranty may be able to give you additional peace of mind. Drivers have the option of purchasing extended warranty coverage from a third party or from a dealership. However, it’s crucial to take into account your financial situation and the dependability of your car.
Information on the cost of extended warranty coverage is not provided by BMW. The dealership from whom you acquire coverage, your location, the mileage of your car, and the selected plan type will all affect the cost.
BMW extended warranties are available from both dealerships and independent warranty providers. Only when your initial factory warranty has expired can you purchase BMW extended warranty options from dealerships.
Brake pads and wiper blades, which are subject to typical wear and use, are not covered by BMW extended car warranties. Tire rotations and oil changes, two common BMW maintenance requirements, are also not included.
Does the extended warranty for BMW include oil changes?
Factory Warranty for BMW It also includes factory-recommended services like spark plug replacements, brake fluid changes, oil changes, and more, in addition to the BMW warranty coverage.
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?
In less than two minutes, find out if your auto insurance is being overcharged.
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.
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.
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.
Why does BMW servicing cost so much?
Yes, BMW servicing is more expensive than many other manufacturers, whether they are premium or not, once the warranty expires. Over a ten-year period, a BMW may cost $12,000 more to maintain than a Toyota and $5,000 more than a Mercedes-Benz.
Because it’s a German car with specialized parts and technology, maintaining a BMW is pricey. It’s not merely a car to get people from point A to point B; it was designed for driving aficionados. A $400 battery replacement, for instance, might be necessary because the mechanic must register the battery with the engine control module. If not, the battery risk of an early demise since the vehicle won’t “know” how to charge it.
Additionally, the Digital Motor Electronics (DME) system in cars connects countless sensors and controls. A BMW may require a sophisticated method for a simple repair on another vehicle, which increases labor expenses.
Yes, a 3-Series BMW requires pricey maintenance once the manufacturer or certified pre-owned warranty has expired. A used BMW 3-Series typically costs $1,000 to $1,700 per year in maintenance and repairs.
A BMW 328i oil change can cost between $149 and $174, according to RepairPal. Nevertheless, depending on your area and BMW model, you can pay more than that.
Do batteries fall under the BMW warranty?
The Basic New Vehicle Warranty that comes with every BMW includes coverage for the car’s battery among other things. If the battery is defective, you are covered by this guarantee for a free replacement for four years or 50,000 miles.
If the battery is harmed for reasons other than material faults, such as in a car accident, this guarantee will not protect you. In that situation, filing a claim to pay for battery repairs would require collision insurance.
You might be able to get a new battery installed before the Basic New Vehicle warranty expires because the normal BMW battery lasts three to five years.
What about batteries for EVs? Your lithium-ion battery should last a lot longer than a regular car battery. BMW anticipates the high-voltage electric vehicle batteries to last at least 10 years (possibly up to 20 years depending on usage).
Here is a breakdown of BMW’s warranties:
includes factory-recommended maintenance such as brake service, fluid adjustments, wiper blade replacement, and oil changes.
Key Learnings For the first four years or 50,000 miles that your car is on the road, your BMW car battery can be changed without charge if it is defective.