|
Are extended warranties worth it?
I am taking an ED at the end of the month and have been offered the below extended BMW warranties that most closely match my intended use and am considering them.
1. Tires and rims-$2151 for 5 years. (This needs to be decided on by tomorrow)
2. 7 year/70,000 mile most comprehensive extended warranty contract-$5,920
3. 6 year/ 100,000 mile extended service contract- Covers wear items including brakes, rotors, clutch $ 4,749.
I can elect the extended warranty and service contracts anytime befor the factory ones expire but the price goes up after 10,000 miles and is not guaranteed. I am fairly certain I will delay deciding on those warranties but need to decide on tires and rims. It covers up to 2 rims and 2 tires each year but not wear. I've owned 3 series for almost 20 years (not an exact comparison) and I have gone through 2 rims and 2 tires so if the experience is the same it doesn't seem like its worth it. Has anyone else considered these options? Thanks
|