You may add BMW extended warranty protection as soon as you purchase a new car or at any time before the original warranty expires. You would need to purchase BMW’s extended warranty before any of those limits were reached because the new car limited warranty only lasts for 4 years/50,000 miles.
There are three coverage tiers available to BMW owners: Powertrain Plus, Gold, and Platinum. Although some aftermarket warranties offer additional options and longer coverage, this is generally average.
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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.
BMW Extended Warranty Cost Questions
With Endurance, you can take your car to any qualified mechanic and get comprehensive coverage for both new and used cars. BMW dealerships are the only places that can provide service to customers who want to keep their warranty coverage.
An extended warranty will cover what kinds of repairs?
Extended warranties can cover a variety of things, including the engine, fuel, transmission, cooling systems, electrical, and more, depending on your coverage plan. Everybody can choose Endurance, which also offers payment options if necessary. Examine each of our plans, including the sample contracts that include all the information.
What kinds of fees would Endurance not pay for?
We advise reading through each of our plans or getting in touch with one of our expert service specialists to learn more about our exclusions. It’s best to speak with us personally because the level of coverage may vary depending on the plan you choose.
What distinguishes Endurance from a dealer-provided extended warranty?
The majority of our plans are administered directly by Endurance, and you can alter your coverage to suit your needs, budget, and car. We have you covered whether you require mechanical breakdown coverage or just want to add some maintenance benefits. We also provide Endurance Elite Benefits, which give our clients additional security. With our program, you can replace your key fob, get your tires fixed completely, receive a $500 collision discount, and get up to $1,000 in total loss insurance for a replacement car.
The Endurance Mobile app, which enables simple access to your account and usage of the services that are included with every Endurance car service contract, also allows you to keep up with your plan. Our usual perks include towing and roadside assistance available around-the-clock, reimbursement for rental cars, covering for trip interruptions, and much more.
How can I get an extended car warranty quote?
For more than 20 years, Alex has worked in the car repair sector. He worked as a Technician while earning a Master Technician designation after graduating from one of the finest technical colleges in the nation. Additionally, Alex has worked as a service manager and advisor at both new car dealerships and independent repair facilities. Alex is currently Endurance Dealer Services’ Director of Claims, responsible for managing the fulfillment of all contract benefits.
A BMW extended warranty may be extended.
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.
Does BMW offer a warranty extension?
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.
How much does a used BMW’s extended 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.
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?
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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 warranty void if a BMW is tracked?
The instructions makes no mention of your warranty being void following track use. It states that if you compete with it, it will be nullified. However, there is some extra language that is somewhat ambiguous and states that early wear on specific sections caused by track use would not be covered.
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 length of the BMW warranty?
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.
Does your own oil change cancel your BMW warranty?
Your manufacturer’s warranty won’t be immediately nullified if you change your own oil. However, the manufacturer won’t pay for the necessary repairs if your car sustains damage as a result.
Use the type of oil the automobile manufacturer recommends if you plan to perform your own oil changes. Additionally, save all receipts as documentation that the right goods were purchased.
Bring your car to one of the 18 Minit-Tune locations for a Full Service Oil Change Near You if you’re unsure.
Do oil changes included with the BMW warranty?
When carried out in accordance with the instructions in the vehicle’s maintenance manual, only the following maintenance tasks are covered by BMW Ultimate Care: Motor Oil
Is engine repair covered by an extended warranty?
For the main parts of your car, an extended warranty functions as insurance. Your warranty provider will cover any necessary repairs if something breaks down and has to be fixed. There will only be a set deductible that you must pay.
Depending on the type of warranty you select, an extended warranty may or may not cover specific items. The engine, transmission, axles, and gaskets are among the essential mechanical components of your car that are typically covered by extended warranties.
Where can I have my BMW serviced?
You now have a brand-new car and a BMW warranty that is solid. You have every right to take your car to any shop for maintenance as the owner. However, you must confirm that their license is valid and that they will adhere to the same principles of the manufacturer’s repair schedule that you were given.
This information indicates that the servicing of your automobile must take place within a certain time frame and that the shop you have selected must utilize components and lubricants made by your car’s manufacturer.
Advice: After servicing is complete, make sure you save all receipts and invoices you receive in order to show that your automobile was serviced using the proper tools and that you followed your service plan.
However, BMW has the legal authority to insist that they be the only manufacturer to work on your vehicle if necessary repairs must be made. They have the right to tell you this, and it can put you in a wonderful position because they will be paying for the job rather than you having to pay for it yourself.
However, you have the legal right to select the garage of your choice if the necessary work on your car must be paid for out of your own pocket.
Why is BMW upkeep so expensive?
Because it’s a German car with specialized parts and technology, maintaining a BMW is pricey. BMW is not only a vehicle to move passengers from point A to point B; it is designed for driving aficionados. BMW’s advanced technology calls a specialized certification to be repaired correctly. A skilled BMW mechanic will possess the knowledge necessary for a thorough and effective repair.
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.
Does purchasing an extended warranty make sense?
Extended warranties are often “a lousy value” when it comes to the overall cost of your car, according to Gillis. 55% of consumers who bought an extended warranty in a Consumer Reports poll never used it. Most people who used the guarantee ended up spending more on repairs than they had originally saved.
Additional negatives include:
- Overlap: If you already have coverage from the manufacturer’s warranty or a mechanical breakdown insurance policy, you may not need the extended warranty. In that situation, according to Gillis, “the extra coverage is not worth the premium.”
- Exclusions: The fine language in every contract outlines how the warranty may be applied. For instance, the provider can refuse to pay for issues brought on by regular wear and tear or lower the claim settlement in light of your car’s depreciation.
- A percentage of the repair expense may be covered by some extended warranties. The remainder, along with a deductible, is your responsibility.
- Limitations: You might need to bring your automobile to a repair facility that has been approved by the warranty instead of choosing your own technician.
- A Consumer Reports poll found that 55% of those who purchased extended warranties never used them.