12-30-2020, 08:31 AM | #1 |
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Are any extended warranties worth it?
Just picked up a 2017 m2 with just 8,000 miles on it. Warranty expires in 6 months or so. I've never bothered with extended warranties on any car before but I've also not had a BMW before. Are any of the third party plans worth the paper they are written on or is the BMW extended plan worth the money? I'm sure it's $$$ compared to third party, but I haven't gotten a quote yet.
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01-02-2021, 05:23 AM | #2 |
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BMW plan is quite expensive and on an N55 M2 I'm not quite sure it is worth it.
The best third party warranties are the "exclusionary" policies from Fidelity and Route66. There are a bunch of threads on them in the M3 section as well. |
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01-02-2021, 09:31 AM | #3 |
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This is an exlusionary plan from Fidelity. 5 years/60k miles for $2300. Covers everything except modifications, racing, and the things on this list
UNDER PLATINUM COVERAGE, ANY OF THE FOLLOWING PARTS: BRAKE LININGS, BRAKE DRUMS AND ROTORS, DISC BRAKE PADS, STANDARD MANUAL TRANSMISSION CLUTCH FRICTION DISC, PRESSURE PLATE, PILOT BEARING, THROW-OUT BEARING AND ARM, AIR BAGS, SOLAR POWERED DEVICES, GLASS, LENSES, SEALED BEAMS, BODY PARTS AND/OR PANELS, WEATHER STRIPPING, TRIM, MOLDINGS, LOCK CYLINDERS, TIRES, WHEELS, ALL BATTERIES EXCEPT HYBRID/EV/HYDROGEN HIGH VOLTAGE BATTERIES AS LISTED UNDER GOLD, LIGHT BULBS, UPHOLSTERY, PAINT, BRIGHT METAL, FREEZE PLUGS, FILTERS, HEATER AND RADIATOR HOSES, EXHAUST SYSTEM, CATALYTIC CONVERTER, SHOCK ABSORBERS, WORK SUCH AS FRONT-END ALIGNMENT OR WHEEL BALANCING (EXCEPT WHEN REQUIRED IN CONJUNCTION WITH A MECHANICAL BREAKDOWN), SAFETY RESTRAINT SYSTEMS, AUDIO/SECURITY OR OTHER SYSTEMS NOT FACTORY INSTALLED, OR VINYL AND CONVERTIBLE TOPS; |
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01-02-2021, 10:15 AM | #4 | |
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Mods aren't covered but if an engine pops while running a tune and having FBO + HPFP installed, is engine failure covered? |
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01-02-2021, 11:03 AM | #6 |
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01-16-2021, 09:33 PM | #7 |
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No. Just don’t. Warranties are written to make money in nearly all cases. Unless you have a frequent high risk problem and can verify with high degree of certainty the insurance will cover said problem, most people are better of putting some spare money in the piggy bank for a cloudy day.
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01-19-2021, 04:05 PM | #8 | |
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Quote:
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01-21-2021, 11:06 AM | #9 |
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Dinan voids the factory warranty. Dinan gives you their own warranty that says they will cover an issue caused by their tune if bmw won't cover it.
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