This seems awfully expensive.
Policy Information | BMW Insured Warranty | Extended Warranty
Discover more about our BMW Insured Warranty products here, and find a link to our Policy Handbook for more detailed information about our cover.www.bmw-warranty.co.uk
"No cash alternative or refund is available if you do not wish to receive or wish to cancel this warranty. You may transfer any unexpired period of warranty to another private owner but not to a buyer engaged in the business of purchasing, selling or servicing of vehicles."
"5. For annual policies only and provided that a refund has not been claimed, any balance of your BMW Insured Warranty remaining may be transferred to another private owner, subject to our approval, who buys your vehicle from you but not to a buyer engaged in the business of purchasing, selling or servicing motor vehicles."
"Monthly policies are not transferable. BMW Insured Warranty cover is not transferable to you from a motor retailer"
Also confirmed via a call today.
I either need to buy privately and continue an existing policy (no thanks) or buy an AUC car. Buying from a non-BMW dealer will mean starting a new policy at the new customer rate with no discount.
Toyota have called me every single day since last week. I get the impression they're desperate to sell me the car. In 6 days the listing has gone from £37,997 to £37,484. Less appealing as it doesn't come with BMW Insured Warranty. An option could be to drop the price further or ask for additional years of Toyota warranty. However, I have no idea how good the Toyota warranty is.
It also doesn't leave a great taste that Toyota explicitly stated that BMW warranty was transferable, when it's clearly not.
Any reason you are after such a low mileage example?
I paid £33k for a 36k mile M2 (non-Comp) over 2 years ago, AUC, 1 owner, every option bar heated steering wheel.
At that time, Comps were even available for less than £37k, and there are loads for sub-35 now!