Extended Warranty

Discussion in 'General chat' started by Astonred, May 28, 2024.

  1. Singvogel
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    Singvogel Staff Member Moderator WARLORD Site Supporter

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    Ah - they have a special BMW algorithm - think of a number over 150, double it, divide by 6 then add £500.

    Simple.

    But you're right there is no apparent logic to it.
     
  2. E39mad
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    E39mad

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    Just bit the bullet with a day to go with the extended warranty. £634 for the fully comprehensive package (no roadside needed) with a £250 excess.

    As we are off to Spain again in January for 6 weeks (3500 mile round trip) I thought it best to get this done.
     
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  3. Exone
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    Exone

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    What X1 does your Mrs have? I’ve seen a few people quote £403 which makes me think it’s a standardised price for the X1 but I can’t get that price. The closest I get on my 2019 20i M sport is:
    £427 for full comp, £250 excess and breakdown cover, or
    £436 for full comp, £150 excess and no breakdown cover.
     
  4. edthefed
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    edthefed WARLORD

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    2.0 petrol X drive.
    £403 was the renewal price back in February
    Fully comp, breakdown and £250 excess
    Mileage was about 58,000
     
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  5. mystic sport
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    mystic sport

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    Just had to put it on my car after the three year manufacturer warranty expires on Wednesday. Wouldn’t be without the bmw one. Got roadside and comprehensive cover and I just did it monthly at £91 as couldn’t stomach paying it in full after also having insurance this week
     
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  6. Exone
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    Exone

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    Thanks for that. Mine is an S drive and with 29,800 miles. Does seem a biggish increase for a 2 wheel drive over a 4 wheel drive, especially with the mileage being half as much.

    I’ll probably just get the £250 excess and no breakdown as I’m only doing around 5000 miles a year now. I think you still get some break down even if you don’t pay for ‘breakdown’.
     
  7. Exone
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    Exone

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    I agree. It’s worth it for the piece of mind. Even doing low now £12,000 for a new gearbox is just not worth risking.
     
  8. Mieke
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    Mieke WARLORD Site Supporter

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    Since my 330d was 3 years old, I've always paid for the BMW extended warranty at £522 pa fully comp. + £100 excess, and inclusive of BMW Emergency Recovery (UK and Europe). This year is the first time that the quoted price has increased, to £554 even though the mileage is still below 40K.

    I have never had to make a claim as the car has been completely reliable, I'm reluctant to cancel the cover. Instead I've opted to increase the excess to £250, which reduces the annual premium to £447. That seems like a good option to keep costs down.

    If BMW keep pushing the price of warranty up each year in future, then I'll think again.
     
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  9. mystic sport
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    mystic sport

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    Just done this on mine back in late October for just under £1000 all in one for everything plus breakdown and £250 excess or £92 a month. I opted for monthly thinking I may swap cars.

    Man maths calculator deduced that over 3 years I will save £3000 plus a years tax so £3600 in total by changing the car :LOL:
     
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  10. edthefed
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    edthefed WARLORD

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    Renewal has just come through for Mrs Eds X1

    Last year with 58000 miles / comprehensive plus roadside assistance and £250 excess - £403.

    This year with 66000 miles and same cover - £627

    Large increase once you get to 60000 miles
     
  11. Wayfarer
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    Wayfarer

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    The chap at BMW insurance told me the car warranty bit of the quote increases by 50%, once the car hits 60k miles at renewal.
    But considering the cost of parts and labour, I’ll probably keep mine going until it time to change cars
     
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  12. Highsided
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    Highsided

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    Having purchased our E92 in early 2011, extended cover wasn’t considered for a couple of years. When I eventually enquired drive train cover was about 850€ per annum - I didn’t bother.

    At that rate I would have forked out over €10,000, say £8,500. Currently quotations for full cover range from €1000 to €1500.

    Repairs have so far consisted of replacing two exhaust sensors installed by myself (neither of which cured the fault), and a glow plug controller installed by BMW dealer. Total cost £478.92. I think I’m ahead.

    Having said that, I’m not too sure I would have risked it if it had been M coupe rather than a 330D.
     

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