Extended Warranty

I currently have a one year BMW warranty with my car, and was intrigued to see what extending it would cost me. Lets face it one garage visit for anything is going to be around the £1k mark. I’m struggling to get info from BMW (anyone have a rough idea), Motor Easy have offered the following, which seems quite good.

Anyone else extended theirs?

I can set it up now and start paying in a years time when the BMW warranty expires.
Make BMW
Model 3 SERIES 320D RIVE M SPORT AUTO
Product name Plan A
Period of the plan 36 MONTHS
Garage Labour Rate £60.00 / hour – I queried this as cheapest garage I know charges £85, they said its because they have their own garage network, but can increase it to £120.
Repair Contribution £50.00
Plan limit Value of car
Warranty Price £1,263.91


All air conditioning components
All braking system components
Casings
All clutch components
All cooling system components
All electrical components (including electronic components and electronic control units)
All engine components
Flywheels (including dual mass flywheels)
All fuel system components
Infotainment & navigation & telephone systems
All gearbox components
All ignition system components
Oils seals and gaskets (that necessitate the removal of the engine, gearbox or final drive to replace)
All steering system components
Superchargers
All suspension system components
All transmission components
Turbochargers
Wheel hubs and bearings

Not covered:
Aerials
Auxiliary drive belts
Batteries
Bodywork
Brake friction materials
Catalytic converters
Connectors, wiring, fuses and heating elements
Diesel particulate filters
Electrical components integral with windows
Exhaust pipes
Hoses & pipes
In car entertainment & sat-nav equipment not part of the dashboard unit
Interior & exterior trims
Lamps
Light bulbs
Paintwork
Seats
Spark plugs
Stretched Timing Chain
Upholstery
Upgraded or revised software & firmware
Windows & windscreens
Wheels & tyre

 

Will it qualify for the official BMW extended warranty in due course ?

If so i am sure everyone on here will agree that the official BMW extended warranty is the one to go for.

SWMBO X1 its £403 a year for comprehensive cover (including roadside assistance) with a £250 excess

For my G30 its £678 a year same basis.

 

I've always had the BMW extended warranty at £522 pa fully comp. + £100 excess, and inclusive of
BMW Emergency Recovery (UK and Europe). As long as the price remains the same, I'll keep renewing it

 

As look would have it my renewal has just come through

2017 G30 520D

I always opt for £250 excess / roadside recovery /comprehensive cover, and pay annually.

For the first time the annual premium has increased this year up from £678 to £721

Paying monthly its 12 x £73 - so over £150 cheaper paying annually

Given the cost of BMW parts and labour the smallest fault can soon land a 4 figure bill

 

7 years old and milage 52,000

Mr Eds X1 was 6 years old and 59000 at renewal in Feb and premium unchanged

 

If you opt for a 3rd party warranty I’d ask them to print out the documents then you at least have the value of the paper they’re printed on in return for your cash, likely all you’d get from the plan.

 

Small print / T&Cs would know doubt specifically exclude printing and associated costs !

 

So today's the day where I received the annual email from the BMW Insured Warranty people about renewing for another year. I first took this out in 2021 when the car was 3 years old. It was £678 for the year with a £250 excess. Same again, no price change, but also no claims made, in 2022 and 2023.

The email said that this year, it would be £721. All good I thought. I log in, enter my details and put in the mileage which is now around 66,000. New quote: £1,767, or pay monthly for a mere £167. How much??? "You're 'avin' a laugh". Even if the mileage were below 60,000, they'd still want £1,130 or £109 a month.

I'm highly inclined to take my chances and put £167 a month into a savings account and self-insure. What would you do in my situation?

The only thing I need to do is get some breakdown cover which will work in both the UK and EU. A quick Google showed that this can cost no more than about £100 a year but there is a multitude of providers beyond the usual suspects like the AA, RAC and Green Flag. Does anyone have any recommendations or good experiences with any particular breakdown cover provider?

 

The G30/31's appear to be extremely reliable cars. Having said that insurance is there because there is a risk. Is it up to you to decide whether that risk is worth taking. I've never done extended warranties before and always come in on the right side especially with the F11 which was 7 years without a warranty. I have the same dilemma in October when my AUC warranty runs out.

As for roadside assistant we have it included within our Nationwide joint account and covers the whole of the EU. The account costs £13 a month but also includes travel insurance and mobile phone cover for both of us.

 

What? That can't be right, surely.....I would ring them up and check the price quoted online is valid. I've a 2018 X3 and pay £56 per month with £250 excess for fully comp cover / no breakdown. I'm just getting £1,400 of work done though, all covered (front shocks, rear bearing and ride height sensors), so well worth it in my opinion.

My dad has a G30 (530e) which has so far proved faultless, but I would always worry about a big bill around the corner, especially given he has the hybrid. In your case, I think if that quote is correct I would just lean toward putting the money in a savings account and take the risk, as long as you have a good independent garage you can take the car too, as the main dealer costs would very quickly eat that up.

 

My 2017 G30 has done about 52k.

I renewed in June and figures were the same 721 up from 678.

The annual premiums are well known for jumping up significantly once you reach 60,000 miles, im hoping that next year at renewal its still under 60,000 and I might then change to the monthly premium as apparently that may not change as mileage increases

 

Well, with that quote, I couldn't resist calling them up as @Highlander suggested and then using the phrase "You're 'avin' a laugh" on them. What follows may be beneficial to other folks on here like @edthefed perhaps...

The over-the-phone quote came in at £1,063, which was with a £250 excess, comprehensive cover plus roadside assistance in the UK and EU. A big improvement but still a good chunk of change above the £721 indicated in the letter, so I asked what might be possible. It was explained to me that the additional sum was due to the mileage being over 60k. I was asked if I would renew at £1,063, so I said for that amount I'd have to think about it. I was then asked, if they could get the cost down to £721, would I renew, to which I said I would. I was put on hold for a few mins before a revised offer of £721 was forthcoming. It was explained that this was a special deal, etc., a 1-off and as from next year, they would not be able to do similar given my expected mileage. So, I gave my credit card some grief and renewed. Happy days!

 

Great result, always worth a phone call!

 

That's good news, and just goes to show that, like all insurance companies, they are willing to haggle. I must admit that I have never taken out the extended warranty on any new car that I've owned, and have been extremely lucky as they proved very reliable. But with the BMW F30, I've paid the warranty every year (£520 pa, incl. of Emergency Service) mainly because BMW parts and repair costs can be expensive. Up to now though - no claims made and the 330d is proving to be ultra reliable.

 

A good result. The warranty renewal on my 2018 F06 640d came through the post a few weeks ago. As yours mine has been £678 but this year increased to £721. My mileage is currently 45K miles. I phoned and emailed trying to get the £721 reduced as I have never made a claim but they were having none of it. If I keep the car next year I will change to monthly before I get to 60k miles. On my previous E61 530i and the 2013 F06 640d the warranty paid for itself multiple times over but this car has proved much less troublesome making me wonder about whether it is worth it. As I have posted previously if any of you feel our warranty costs are excessive try getting a quote on extending it on a current 8 series.. The costs on extending it on a 2020 840i GC with 8K miles on the clock - that will be £2600 please sir..

 

Yep, I used to be a member of ADAC when I lived in Germany. Still read some of their road test reports on their website...

 

This is what confuses me - they have previously claimed that the price goes up with the size of the car.

Yet a 2017 520d is the same price as a 640d which is a bigger car with 50 % more cylinders !

And my 520d was £721 this year yet Mrs Ed s 2.0 petrol X1 remained at £403