BMW warranty - Why do people purchase?

Thread bump...and another reason why everyone who owns a BMW should get one of these warranties. I just had the following done on the car and paid only the £100 excess (i would have had £0 normally, but this is the remainder of the years warranty transferred from the previous owner):

1) I complained about a slight rattling noise on cold start and when idle/accelerating through 1st and 2nd gears. SOLUTION: BOTH turbos replaced along with all associated hoses and the fuel pump

2) Water pump replaced due to an engine overheat occurring on 2 occasions

3) Seat belt arm replaced as it was sticking out about 10% when retracting

This would have been over £5000 worth of work according to the service guy :)
 
big4000 said:
Thread bump...and another reason why everyone who owns a BMW should get one of these warranties. I just had the following done on the car and paid only the £100 excess (i would have had £0 normally, but this is the remainder of the years warranty transferred from the previous owner):

1) I complained about a slight rattling noise on cold start and when idle/accelerating through 1st and 2nd gears. SOLUTION: BOTH turbos replaced along with all associated hoses and the fuel pump

2) Water pump replaced due to an engine overheat occurring on 2 occasions

3) Seat belt arm replaced as it was sticking out about 10% when retracting

This would have been over £5000 worth of work according to the service guy :)
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Posts like this make me glad I have a warranty! I suspect over my ownership of the car I will be better off as a result.
 
Hydraulic pump went on the roof of my 09 E93, couldn't get the roof up and I don't have any off street parking so obviously couldn't leave it out on the road (also it might have rained).

Called BMW Emergency assistance and they took my car away in about 1.5 hours, then I got a nice call from Enterprise saying they would pick me up in the morning and provide me a courtesy car while my was being fixed. A few days later I get a call from BMW saying my car was fixed and did I want to pick it up.

Total cost to me £0, that's why I pay for a warranty!
 
buy a warranty because BMW now have very poor reliability.
trust me I have one and won't be getting another...

if you don't believe me just read the reliability surveys they are near the bottom along with merc and Audi.

very nice cars tho and if you like throwing money at them.
 
Insurance Essentials?

pallys said:
buy a warranty because BMW now have very poor reliability.
trust me I have one and won't be getting another...

if you don't believe me just read the reliability surveys they are near the bottom along with merc and Audi.

very nice cars tho and if you like throwing money at them.
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Maybe jinxing it here, but i've owned 4 BMWs from new, each for 2-3yrs. I've not had one problem with any of them requiring warranty work (just the odd rattle, and wierd window opening thing twice).

Are you on about older cars or brand new ones?
 
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Does anyone know if <60k Warranties on direct debit are transferable to potential new owners, or do they have to sign up as a new policy based on the miles the vehicle has at the time.

My car is on 55k and I was planning to buy a new car in March which would have the car at about 62k, and so trying to work out whether financially i might get a better return if i sold now.
 
RedvGreen said:
Maybe jinxing it here, but i've owned 4 BMWs from new, each for 2-3yrs. I've not had one problem with any of them requiring warranty work (just the odd rattle, and wierd window opening thing twice).

Are you on about older cars or brand new ones?
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I bought one that was 4 years old and it had 3 warranty issues 1 year of ownership as well as things that were not covered and I had to fork out for. It went away on a flat bed twice i think!

So perhaps older ones do need it!
 
mbmbmb said:
Does anyone know if <60k Warranties on direct debit are transferable to potential new owners, or do they have to sign up as a new policy based on the miles the vehicle has at the time.

My car is on 55k and I was planning to buy a new car in March which would have the car at about 62k, and so trying to work out whether financially i might get a better return if i sold now.
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You cant transfer the monthly policy but 99% of buyers have no idea about the whole warranty thing anyway.
 
[TW]Fox;26776044 said:
You cant transfer the monthly policy but 99% of buyers have no idea about the whole warranty thing anyway.
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Thanks, I agree Im not expecting people to be clued up to the warranty, but thought it might be a good selling point to highlight to any prospective buyers i get, that might get me closer to the value I'm after.
 
Have to recommend getting a warranty, friend's car in the first year needed a full turbo replacement x 2 (twin turbo). Warranty was below £400.

You're screwed if you mod the car though, they will find out.

Also had alloy replaced but that was free anyway due to a defect in the manufacturing of it.

BMW's are expensive machinery, I don't think I could own one without worrying!
 
[TW]Fox;26776044 said:
You cant transfer the monthly policy but 99% of buyers have no idea about the whole warranty thing anyway.
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When I sold the E60 I thought I was doing the right thing selling it at 56k, not one potential buyer was aware of the BMW warranty and really they couldn't give a stuff. 95% of the GP couldn't care less about what is important on OCUK Motors.

There are very little educated purchasers.
 
There is a little bit of a pain and a gamble with the warranty.

I have the no excess insured warranty and when the car (E85) was in for a service I asked about changing the tired looking fog lights. It's a known problem that they trap moisture which eventually screws up the reflective coating inside.

What it boiled down to was that I had to gamble that the cobdition was bad enough to warrant replacement. If it wasn't (according to their criteria), I'd have been lumped with a £70 odd bill for the inspection.

I went for it, telling myself that if they didn't do the work I'd ditch the warranty as I'd forever feel worried anything that went wrong wouldn't be covered.

As it was they did the work and I imagine it's a fair way to covering the cost of the warranty for the year.

P.S. Glad I didn't buy Will Gill's car now :eek:
 
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Not quite warranty related, but thought I'd ask in here anyway..

I decided not to renew my warranty this year (as it was going to cost me between £600-£900 I think) which means I now no longer have BMW emergency service either. I need to get breakdown cover but I'm not sure what the benefits are of BMW emergency service (£148) vs standard AA roadside assistance (£50)? Can someone please enlighten me? :p

Car felt a bit jerky this morning when pulling off and even at 40mph... :eek:
 
I believe you get something just about equivalent to AA "Roadside" under the BMW warranty even if you don't take out BMW emergency services. The AA "Roadside Assistance" is basically they'll tow the car to a garage (or home) up to 15 miles away as long as you are 1/4 mile from home when you breakdown.
 
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I'm already about £1000 up on my warranty, but the cars just thrown another bill up which puts it into even more credit.

Fuel leaking from in front of the OSR wheel, after a filling up. Diagnosed as a damaged fuel breather hose (actually a design flaw really - hose rubs on the body. Later models have a reinforced hose). Requires the fuel tank dropping out and around 4-5 hours labour. £800 if you're paying or £0 on warranty. :)
 
Do people think BMW lose money on their warranty scheme?

No, so on average they get paid more than they pay out.

Secondly are all people buying these warranties equal? No, some people are likely to claim more than others. The latter group subsidise the former.

So many people saying they have had thosands of pounds of replacemeny hardware and labour. For each of those people, there must be many people who don't claim at all and yet pay hundreds in premiums.
 
muon said:
Do people think BMW lose money on their warranty scheme?

No, so on average they get paid more than they pay out.
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Do BMW charge full consumer price parts and labour to the insurance scheme? If they are discounting warranty work more heavily than they would to a consumer, then it's possible for the sum of warranty payments to be less than the sum of the work at a BMW dealer.
 
So has anyone actually had a bad experience / tough time claiming on this warranty?

Picking a 2007 335i e92 up on Wednesday and will be getting the comprehensive warranty for £48. Its sub 60k miles so I would imagine if the turbos went or had issues it wouldn't be looked at as a W&T issue just because of its age?

:)
 
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