M5POST
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Go Back   M5POST - BMW M5 Forum > F10 M5 Forum > F10 M5 DIY Guides

Post Reply
 
Thread Tools Search this Thread
      11-24-2014, 11:28 PM   #1
rocky
Private First Class
rocky's Avatar
41
Rep
165
Posts

Drives: 2015 M5
Join Date: Sep 2014
Location: Southern California

iTrader: (0)

Tire and Wheel warranty -- Should i buy it ??

My M5 arrives in two weeks....im back and forth on whether or not I should purchase the dealer's tire and wheel warranty. Is the warranty negotiable? What is the costs ? Your thoughts are appreciated.
Appreciate 0
      11-28-2014, 01:49 AM   #2
variable229
Private First Class
23
Rep
161
Posts

Drives: M5
Join Date: Oct 2008
Location: Southern California

iTrader: (0)

Quote:
Originally Posted by rocky View Post
My M5 arrives in two weeks....im back and forth on whether or not I should purchase the dealer's tire and wheel warranty. Is the warranty negotiable? What is the costs ? Your thoughts are appreciated.

I think you need to decide what are the risks and have you ever bent a rim before. If you live in LA I say get it. There are so many potholes and the streets are generally maintained like crap... Odds are you will bend your 20" rims somewhere.

I didn't get the wheel and tire because I looked at the roads I drive on in OC which is usually as smooth and I took a chance that I rather save the cash and self insure against a nail or bent rim.
Appreciate 0
      03-29-2015, 09:55 PM   #3
IANNUZZI
Banned
Canada
31
Rep
301
Posts

Drives: 2016 GoDZilla
Join Date: Dec 2013
Location: Powerland

iTrader: (0)

Just had a 500$ Nokian winter tire blow, they replaced free of charge. The warranty is worth it, especially with the little compliance the 20" wheels and 30 series tires give.... Roads are bad here and winters are not as rough as they used to be but still quite nasty....
Appreciate 0
      03-30-2015, 12:15 PM   #4
krown
Private First Class
krown's Avatar
29
Rep
113
Posts

Drives: 2017 Alpina B6
Join Date: Jan 2013
Location: Vancouver

iTrader: (0)

Will it cover snow tires as well?
Appreciate 0
      03-31-2015, 02:28 PM   #5
jr219
Enlisted Member
12
Rep
32
Posts

Drives: 2015 M5
Join Date: Mar 2015
Location: Montverde, Florida

iTrader: (0)

I originally got it, but then canceled it after about 3 weeks. Thinking back I have gotten one nail in a tire the last 3 or 4 years. The return on the investment would be to replace 3 or 4 tires in 3 years, so in the end the better decision was to self insure.

Take the premium, throw it in some vanguard mutual fund and each time you need a tire use that money.. I'll bet that in the end you'll break even or be ahead. This is the same bet the insurance company is making and they are typically winning.. :-)

-jr
Appreciate 0
      03-31-2015, 02:30 PM   #6
jr219
Enlisted Member
12
Rep
32
Posts

Drives: 2015 M5
Join Date: Mar 2015
Location: Montverde, Florida

iTrader: (0)

One more thing is the finance guy at my dealer pulled some line where the policy was regulated by the state and he couldn't adjust the price. This was a BS line, but he stood by it even after I provided him with documentation from the state and the line in his own contract which stated "The prices charged for this coverage are not regulated by the state of florida dept of insurance regulation"...

-jr
Appreciate 0
      04-29-2016, 09:31 AM   #7
M5Beast_NYC
Major
158
Rep
1,314
Posts

Drives: 15 M5
Join Date: Apr 2010
Location: NYC

iTrader: (6)

Im picking up my new to me M5 next week and this topic will probably come up. Any idea how much they offer for this type of coverage? Also, do they just cover the OEM wheel/tire? What if I change the tire to snow tires, will that get covered as well?

thanks!
Appreciate 0
      05-21-2016, 04:07 PM   #8
PREDATOR 007
Second Lieutenant
PREDATOR 007's Avatar
57
Rep
232
Posts

Drives: 2016 M5
Join Date: May 2016
Location: Vandalia, OH

iTrader: (0)

I am facing the same dilemma and posted a few questions about it on here. I still have no idea of the price and I am assuming its $2k or more. I would have to tear up a lot of wheels and tires over the next 3 years to make that worth it. I have also heard to buy it and “accidently” (wink, wink) get a nail in the tire. Plan is to never have to buy tires for it. My lease is only 3 years, so not sure how many tires I would go through anyway.
Appreciate 0
      06-26-2017, 05:38 AM   #9
Stealth_Bomber
Private
7
Rep
64
Posts

Drives: 2014 BMW 535 M Sport
Join Date: Jan 2017
Location: South Fla

iTrader: (0)

I got the insurance plan and definitely worth it had 4 tires so far this year replaced with $50 deductibles each time def worth it for the 4 years i got the plan for
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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 -5. The time now is 06:58 AM.




m5post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST