It’s expensive for me but then M cars can throw massive bills. I’ve no interest in modifying mine so I’ll just put it down to M car ownership costs and have peace of mind.
The Tiguan is just over £800 for two years for the warranty. Which includes breakdown, servicing and an MOT. Mad isn’t it.Yep, it's a pity BMW just price everything without much thought
When the renewal is through it's meant to be a bit cheaper, but I bet it'll still be a lot.
The Tiguan is just over £800 for two years for the warranty. Which includes breakdown, servicing and an MOT. Mad isn’t it.
I’d be renewing an AUC warranty, so wouldn’t I be eligible for renewal prices? Or doesn’t it work like that when it switches from AUC to insured?
Insurance is a legal requirement, not quite the same thing. I'm just wondering how many 4-6 year old cars develop faults which make the extended warranty viable.It's insurance. The insurance company makes the profit overall. Not you.
Reading this thread it'd make you think everyone is claiming and that's ignoring the rare engine blow-ups that must happen but you hear less about. If you are selling insurance and everyone is gonna claim, how much will you charge?
Mine is an AUC renewal too. I think there is a discount applied if you renew/continue the AUC warranty but I'm not sure exactly what it is. It's due in a couple of months so I'll soon find out!
Let me know when you do.
Insurance is a legal requirement, not quite the same thing. I'm just wondering how many 4-6 year old cars develop faults which make the extended warranty viable.
apparently you should get a letter 4-6 weeks before your AUC finishes, but i didn't receive mine because they got my address wrong lolDid they get in touch with you or did you have to call them? Come to think of it I don’t recall getting any AUC paperwork.
Sorry was sure you mentioned car insurance (had a few beers). I understand the premise behind the premium but wondering how many on here actually made use of it. Like I said, I doubt I'd go for extended based on the prices I've seen.I'm not talking about car insurance. The BMW Insured Warranty is an insurance product underwritten and administered by Allianz.
You will almost never be in a situation where you can expect to claim more than the cost of the insurance on average, at least not based on something like age which is known to the insurer. Not only is that because of claims, but premiums have to cover the expenses BMW and Allianz incur.
Chris, that price seems wrong to me (maybe right for >60,000 miles). I have my M3 (now on 83k miles) under BMW warranty, comprehensive with the £250 excess. I took it out when the car was on about 52k miles (when my AUC warranty expired) and I chose the pay monthly option to ensure I keep the lower price. It ends up costing just a smidge over £1k / year this way. Ive had that warranty for two years now and in that time I've had about £1800 of warranty work done, so it's not really paid for itself, but then the car's also not thrown any major wobblers either. It is, as you say, peace of mind.It’s expensive for me but then M cars can throw massive bills. I’ve no interest in modifying mine so I’ll just put it down to M car ownership costs and have peace of mind.