Go Back   TeamTalk > Off Topic > Off Topic Discussion

Reply
 
Thread Tools Display Modes
  #1  
Old 08-05-2013, 12:52 PM
Jerseydave's Avatar
Jerseydave Jerseydave is offline
TT Hero
 
Join Date: Jul 2004
Boat: 2005 X-STAR & 1993 Prostar 190 Limited
Location: Jersey
Posts: 5,401
Extended warranty for a BMW, worth it?

We are approaching 50K miles on the wife's 2011 BMW X3.

To extend the warranty to 100K miles it will cost $4210
This includes all electronics including NAV, and all other components except for maintenance items such as brake pads, etc.

Do you think it's worth it? Most of the cars we've owned before don't see any need for major repairs until over 100K miles. I'm not a big believer in extended warrantees most of the time.
I would hope the germans build better components than some of the cheap Asian imports.
__________________
I was njskier on here.
Reply With Quote
  #2  
Old 08-05-2013, 12:54 PM
charleyc's Avatar
charleyc charleyc is offline
TT Newbie
 
Join Date: Aug 2013
Boat: 2013 Mastercraft X10
Location: canada
Posts: 21
BMW..... Get it or trade it in for a new one. Dont want to have a "minor" repir. Belive me
Reply With Quote
  #3  
Old 08-05-2013, 01:06 PM
TxsRiverRat's Avatar
TxsRiverRat TxsRiverRat is offline
MC Maniac
 
Join Date: May 2011
Boat: 93 Prostar 205
Location: Southwest
Posts: 3,607
4200? thats higher than giraffe nuts... but german car maintenance... $500 bucks to get a sensor light turned off... i'd get rid of the car and get a toyota... they're impossible to kill
__________________
What does the fox say?

Ring-ding-ding-ding-dingeringeding...

You know they all have a little string hanging out, but it's not a tampon, it's a price tag...
Reply With Quote
  #4  
Old 08-05-2013, 01:33 PM
GoneBoatN's Avatar
GoneBoatN GoneBoatN is offline
MC Devotee
 
Join Date: Oct 2010
Boat: 2010 X-15 w/MCX
Location: Nor Cal
Posts: 1,789
Quote:
Originally Posted by Jerseydave View Post
We are approaching 50K miles on the wife's 2011 BMW X3.

To extend the warranty to 100K miles it will cost $4210
This includes all electronics including NAV, and all other components except for maintenance items such as brake pads, etc.

Do you think it's worth it? Most of the cars we've owned before don't see any need for major repairs until over 100K miles. I'm not a big believer in extended warrantees most of the time.
I would hope the germans build better components than some of the cheap Asian imports.
That seems awful high. However, they are less expensive when you get them at the time you purchase the car new. Is that quoted from a dealership? You may want to contact a local insurance (independent) agent to get a competing price. My neighbor who is an independent insurance agent says that he can quote them and that is why I mention it.
Reply With Quote
  #5  
Old 08-05-2013, 01:49 PM
SP Maristar's Avatar
SP Maristar SP Maristar is offline
TT Enthusiast
 
Join Date: Aug 2012
Boat: MasterCraft, MariStar 200 VRS, 1998, LT1
Location: Richland, WA
Posts: 262
We have had a 98 528i from 26k to now 132k miles. Other than small things it has been bulletproof. At the current age of the car a dead transmission ($4500) is about he only major cost anticipated. I am a big fan of self insuring whenever possible. Now if the policy were $1200 and the car were a retractable hardtop, i would have a different take.
__________________
1998 MariStar 200 VRS, LT1, PowerSlot
Reply With Quote
  #6  
Old 08-05-2013, 01:52 PM
bdecker's Avatar
bdecker bdecker is offline
TT Enthusiast
 
Join Date: Jul 2005
Boat: 2005 Tournament Team 197, MCX
Location: New Hampshire
Posts: 147
I'd skip it- but then I never buy extended warranties. My wife's 2011 335d has about 77k on it now. I think I'm just under $1k in. If something major goes you win with the warranty, but with my 04 it would have been a total waste of money. Everything went at 120k-135k. The CV boots/ joints were the biggest item. Luckily I had another source to install them.

100k, especially if it's mostly highway will come up pretty fast and isn't really high mileage in my opinion. 100k at a 10-20 mile per day clip is a totally different story and maybe the warranty makes more sense in that instance. If a big repair bill won't change your life dramatically for the worse, my advice is keep your $4k and there is a good chance you'll have $2k+ left over for 100-150k.
Reply With Quote
  #7  
Old 08-05-2013, 01:58 PM
Ski-me's Avatar
Ski-me Ski-me is offline
MC Devotee
 
Join Date: Mar 2007
Boat: Mastercraft, Prostar 205, 1994, LT1
Location: Rocky Mountains....Colorado Springs
Posts: 2,428
Quote:
Originally Posted by SP Maristar View Post
We have had a 98 528i from 26k to now 132k miles. Other than small things it has been bulletproof. At the current age of the car a dead transmission ($4500) is about he only major cost anticipated. I am a big fan of self insuring whenever possible. Now if the policy were $1200 and the car were a retractable hardtop, i would have a different take.
We looked at the X5 and the major repairs we kept see on the history were the brakes. And if they are not covered (as I see they are NOT) there may be other fine print. It seems like a LOT of money for an extended warranty. If it was closer to $1500 to $2000, I may consider it.

I assume it's been reliable at this point? I'd honestly try and find a X3 forum and see if others have experience any major issues up to 100k. They are just building cars better these days and 100k is really nothing.

My Yukon XL is at 110k and our Lexus is also at 105k. Nothing in repairs close to $4k so I'd probably pass on it.
__________________
- Jeff

1994 205, LT1
Reply With Quote
  #8  
Old 08-05-2013, 02:06 PM
zsqure's Avatar
zsqure zsqure is offline
MC Fanatic
 
Join Date: Jun 2012
Boat: MC ProStar 209, 2001, LTR, Blue
Location: in the 330
Posts: 629
You are pretty much asking a wrong group of people. Go to a BMW forum, locate an Independent BMW shop for repairs. Stop paying the over inflated dealer prices. 2011 X3? It's made in S. Carolina. Parts should be readily available, at least until 2018 when the product gets redesigned. Get on the BMW forums, find out who is selling warranties for the right price. Those guys know.
Reply With Quote
  #9  
Old 08-05-2013, 02:23 PM
Jerseydave's Avatar
Jerseydave Jerseydave is offline
TT Hero
 
Join Date: Jul 2004
Boat: 2005 X-STAR & 1993 Prostar 190 Limited
Location: Jersey
Posts: 5,401
Thanks for the replies so far. I use to be on the M3 forum, so now I'll have to search for an X3 forum. Electronics and turbos are the items that worry me the most, but so far the car has been problem free. (it does like to eat up brakes and tires)

The wife loves it, and so do I. Best driving small SUV (BMW calls it an SAV) that I've ever had the chance to drive. And really quick too!
36 more payments and we'll run it till 200K hopefully!
__________________
I was njskier on here.
Reply With Quote
  #10  
Old 08-05-2013, 02:26 PM
SP Maristar's Avatar
SP Maristar SP Maristar is offline
TT Enthusiast
 
Join Date: Aug 2012
Boat: MasterCraft, MariStar 200 VRS, 1998, LT1
Location: Richland, WA
Posts: 262
My mechanic says he loves the 335 turbo motor. HE loves them because when they go (and they do) they are big money to replace. I think a bit more research on that motor would be a good thing.
__________________
1998 MariStar 200 VRS, LT1, PowerSlot
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 03:40 AM.