[fastMonBBS]

I got the warranty since I'm not planning on getting rid of the car and peace of mind

[5150d]

How much it cost?

[Poochie]

Hey OP,

Like some of the other members suggested, instead of opting for the BMW's extended warranty, you can instead get Geico, which offers Mechanical Breakdown insurance for roughly under $50 for 6 months, depending on your rate tier.

I remember Geico use to offer the tightest rates for riskier states like CA and NY but now those same states opted to now allow insurance underwriters from factoring in a person's employment and credit score, as risk characteristics, which Geico used to weigh heavily on for they risk assessment. This causes the base rates to be much higher than what they could of previously offer prior to this change.

Try them out and check out this thread, I've had a positive experience with Geico's MBI..

https://www.bimmerpost.com/forums/sh...php?p=23193072

[fastMonBBS]

Originally Posted by 5150d

How much it cost?

It added $6k for 72 months/100000 miles. All parts and labor are covered.

[Astro_train]

How is BMW with regards to mods? I have never owned a BMW beyond its warranty time frame. My last one was an 07 E92 335 and it was a CPO car. The tranny started to leak and it would of been a $3k repair so I was glad the car had the warranty. Only mods I had on the car were KW coils.

One other thing to consider is everyone knows themselves on how they treat their cars. Some people beat the crap out of them and the probability of something breaking higher.

So anyone chime in where they had they had an issue with a warranty claim with a dealer with regards to mods?

[Chopper731]

Originally Posted by Astro_train

How is BMW with regards to mods? I have never owned a BMW beyond its warranty time frame. My last one was an 07 E92 335 and it was a CPO car. The tranny started to leak and it would of been a $3k repair so I was glad the car had the warranty. Only mods I had on the car were KW coils.

One other thing to consider is everyone knows themselves on how they treat their cars. Some people beat the crap out of them and the probability of something breaking higher.

So anyone chime in where they had they had an issue with a warranty claim with a dealer with regards to mods?

General rule of thumb is anything the modification affects will be voided from coverage.

[fastMonBBS]

Only thing I plan on doing is MPerformance coilovers and a different muffler down the road.

[nomoracin]

Originally Posted by rjtoudouze

I went with Geico Mechanical Breakdown insurance for a fraction of the cost.

Do you know if Geico's MBI covers cars that are modded or not? ...in particular, bm3 stage 1 flash.

[omasou]

Originally Posted by andrewc89

S55s have been known to spin a crank hub here and there

This is way overblown!

[omasou]

Originally Posted by nomoracin

Do you know if Geico's MBI covers cars that are modded or not? ...in particular, bm3 stage 1 flash.

If you plan to mod the car make sure you have the savings to cover the repairs.

[AndrewC1989]

Originally Posted by omasou

This is way overblown!

No pun intended

[1mm2]

Originally Posted by omasou

This is way overblown!

Source?

[msdss]

Originally Posted by 1mm2

Source?

there is a poll on this forum. it's around 1% of the people who participated in the poll.

the results leaned towards modified with DCT, however there were those affected that were unmodified manual.

[omasou]

Originally Posted by 1mm2

Source?

So me one statistically significant source that show this is a rampant issue. Then show my ANY source that show the "fix" works and saved someone. Seems most people agree the fix "should" work but of course there is ZERO proof!

[1mm2]

Originally Posted by omasou

This is way overblown!

Originally Posted by 1mm2

Source?

Originally Posted by omasou

So me one statistically significant source that show this is a rampant issue. Then show my ANY source that show the "fix" works and saved someone. Seems most people agree the fix "should" work but of course there is ZERO proof!

There are no statistically significant sources either way, therefore ZERO proof it's way overblown.

My point.

[omasou]

Originally Posted by M2C89

I'm set to take delivery of my 2020 M2C soon, just waiting on this frustrating airbag recall so it can finally be released from the VPC.

I'm on the fence about getting an extended warranty. I got one on my 2014 Jeep Wrangler when I bought it new, and I don't think in the last 94,000 miles I recouped the cost. I know they warranty it to a certain point because the odds are in their favor nothing will happen. I know this is a big money maker for the dealership. I've already paid MSRP for everything else, the last thing I want to do is add on to the cost.

I've been reading this forum for about a year and so far I've gathered these cars are so new still, none of them have reached that high mileage territory where things start to break.

The only thing I can think of that's a common issue with these cars is the amplifier, which seems to break randomly. Is there anything else?

What do you guys think? What did you do? Any regrets on if you did, or didn't?

Thanks ahead of time.

Insurance, warranties and locks are very similar.

What is the chance that YOU feel you'll need it and how noid are you?

Otherwise put the money in a liquid investment as an emergency fund and hopefully it will grow.

[gmazet]

My philosophy is that anything anyone offers you is a moneymaker for them and a loss (most of the time ) for you. It’s a bet. The only way to win is for something major or a set of minor things to go wrong in the window between your normal coverage and the extended coverage period. If you have a good mechanic (and cheap) or can DIY the odds are heavily in your favor if you skip the warranty. If you don’t then yeah you are providing more profit to the dealer and warranty company for peace of mind on something you may never use.

I bought one once. Never again and I’ve never had issues under 100k miles that would have been covered by warranty to the point of seeing a return. Then again the car I got it on I sold at 14k miles the other cars from bmw one is at 33k the M2c has HPFP go bad at 40 miles and the x3 the only one over 100k miles and that’s had about 2k in repairs between standard and extended window and they wanted 4500 for extended. Another 1500 job after a 100k

[MystroX5]

Never a extended warranty for me. If I felt I really needed it I wouldn’t buy the car. This is why I don’t buy Ferrari or RR anymore. Depending on how strapped you are with cash, you can always keep a BMW maintenance savings account as mentioned above. You will always come out ahead with you managing your own money.

[natmad]

Many years ago, I read an article that basically said... never buy an extended warranty on anything, and more money will be saved by not buying the warranties, than is ever spent repairing the products bought.

I haven’t bought an extended warranty since.

[msdss]

I bought it. I negotiated 84,000 miles / 7 years for $2k with PDR coverage.

For that price, it was worth it for the peace of mind.

[buckybadger]

Not worth.

[skier219]

Statistically it's a bad idea. It's a moneymaker for a reason.