08-14-2013, 03:22 PM | #1 |
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BMW Protection Program Worth It?
As the title states.... Is the BMW Tire & Wheel Protection Plan worth it? What did you pay for your M5?
http://www.bmwusa.com/Standard/Conte...rotection.aspx
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Last edited by ///M KID; 08-14-2013 at 04:15 PM.. |
08-14-2013, 03:38 PM | #2 |
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It has been for me. I got two run flats replaced on the last one and one Michelen Super Sport already on the new one. One of the run flats tore to bits, another got a screw in it and the Michelin picked up a nail. The cost for replacing and labor on the run flats would have been about $550 each so the thing paid for itself. The Michelin would have been but $400 or so but it cost me a $50 deductible. I only had the car for a month when it picked up the nail and they told me the tire couldn't be repaired.
So for me, yes. |
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08-14-2013, 04:14 PM | #3 |
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so the question is what did everyone pay..... i have paid from $500 to $900 for this plan on my p-cars.... one dealership quoted me $1400 for the M5 and would not budge so i passed.
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08-14-2013, 04:16 PM | #5 |
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yes usually
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08-14-2013, 04:32 PM | #6 |
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I bought mine, and it's very well worth it. Might be my luck, but I've gotten 4 or 5 tires replaced and it's barely been 8 months, paid itself off in no time. (got mine for around ~$2000)
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08-14-2013, 04:56 PM | #7 |
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I should have stated that it was $1100 on the 2010 535i and on the M5. Of course on the M5 there is a $50 deductible and the tires are not run flats so are not as expensive. I figure that is why the price is the same as it was 3 years ago on the more expensive tires.
I haven't broken a wheel yet but those are also covered if that happens. |
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08-14-2013, 06:07 PM | #11 |
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I think my tire ins was 1800 over 3 years. That's for unlimited tires if needed. Its my understanding that starting this month, its limited in how many tire changes you get.
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08-14-2013, 06:43 PM | #12 |
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I always get it and it always pays for itself and then some..
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08-14-2013, 08:16 PM | #13 |
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I haven't had a puncture on either of my last 2 BMWs so no.
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08-14-2013, 08:52 PM | #14 | |
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Side note....depends on how long you keep your car. Quick flipper= not worth it. Insurance companies don't survive on paying claims. Short ownership period is low risk. Play the odds. Trust me-THEY have figured this out down to a science. Same way casinos aren't built on payouts
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08-14-2013, 09:29 PM | #15 |
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I am picking up my car next week(I think). Can I purchase the plan from another dealer or does it need to be at the time of purchase?
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08-14-2013, 10:41 PM | #16 | |
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Quote:
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08-15-2013, 09:11 AM | #17 |
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I think it's worth it unless you're going to swap tires with another brand .
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08-15-2013, 09:17 AM | #18 | |
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wheel coverage also includes rim damage and repair, and on prior cars also covered winter rubber if installed at the dealer. 5 year coverage IMO seems well worth it, especially on new england roads with pothole craters in the spring.
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08-15-2013, 11:50 AM | #19 |
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I think my rim and tire coverage was about $1400.
Damn pot holes. First one took out a tire. Replacement through the program was 3 weeks. Second pot hole took out a rim and tire. I had to fight with dealer and insurance to cover the rim. Initially insurance said that they were not going to cover the rim (I like a good fight). So I found my policy and had to show the insurance company their own policy before they would cover my rim. Took about 5 weeks to sort that shit out. The fine print in my policy says that my plan has a maximum valuve of $6000. So I have another $3200 left. Needless to say I won't get the insurance again, not worth the 8 odd weeks my car was out of action. Had I paid out of pocket I could have got the rim and tires in a few days.
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