Extended BMW warranty

[alex91]

Guys,

Just got "special" pricing from the dealership to extend my warranty.
I have a 2013 m5 with a warranty that expires in 4 weeks.

They are telling me this is a special deal that expired yesterday, but I can still get it if I act today.

I have low miles, so I'm interested in 7 year, 70k miles.

Price I received:

Platinum plan: 84 months, 70k miles: $6120 plus tax. Have an option to pay 10% down and the rest is at 0% over 2 years.

Is this a good deal? Sounds like it's a bit high considering 100k is only $350 more.

If anyone has a contact with better pricing, please share. What's a good price?

Alex

[13M5F10]

That's close to what I was offered for 100k but did not know about the 0% finance offer which is a plus.

[LI-M5]

damn that's alotta $$$ i thought like a gieco gold was in the $3500-$4k range ?

[alex91]

Called and left voicemails to 2 other dealerships to get their pricing.
I know the price is negotiable, I just don't know what is a good price.
Can anyone share their experience and pricing?

[skypx]

From what I've read on the forums Greg Poland at Pacific BMW seems to be the person to contact about an extended warranty. Also please mention you're from Bimmerpost. Good luck!

[momos750]

+1^

Contact Greg Poland at Pacific BMW. I spoke with him a bit ago and he said its going to be in the $4k+ range.
Email him directly at:
gregpoland@pacificbmw.com

[boots]

Bro that's a ripoff. So t fall for the oki doke. I have the platinum 100k and I believe I paid like 3800. I paid cash no finance.

Do what mo mo said.

[A.dot]

Originally Posted by momos750

+1^

Contact Greg Poland at Pacific BMW. I spoke with him a bit ago and he said its going to be in the $4k+ range.
Email him directly at:
gregpoland@pacificbmw.com

Just sent him an email....

[alex91]

Thanks guys. AJay, I've emailed Greg as well. Waiting to hear back from him. Will update once I hear back.

[alex91]

So it looks like BMW is not allowing sales of extended warranties to those who look for the best price and buy them outside of their home state. Before you could do that, but not anymore.

Stupid model, since BMW allows the dealers to set their own price, so the price varies significantly from state to state. As a consumer there is nothing you can do.

Does anyone know how to get around this?

[momos750]

Originally Posted by alex91

So it looks like BMW is not allowing sales of extended warranties to those who look for the best price and buy them outside of their home state. Before you could do that, but not anymore.

Stupid model, since BMW allows the dealers to set their own price, so the price varies significantly from state to state. As a consumer there is nothing you can do.

Does anyone know how to get around this?

That is not entirely correct. You are more than welcome to shop around and find the best price.
BMW's policy is that the car and the owner have to show up at the dealership they are buying the extended warranty from.

[skypx]

Wow that sucks! I was so looking forward to not having to pay sales tax!

[alex91]

It is true from my experience. I'm in FL, got a reply from a dealership in GA, saying that they aren't not selling warranties to buyers from outside of their state, unless you buy a car from them.

[skypx]

What about Greg in CA. Did he respond?

[ManhattanBMW]

Originally Posted by alex91

So it looks like BMW is not allowing sales of extended warranties to those who look for the best price and buy them outside of their home state. Before you could do that, but not anymore.

Stupid model, since BMW allows the dealers to set their own price, so the price varies significantly from state to state. As a consumer there is nothing you can do.

Does anyone know how to get around this?

If true, that seems like an antitrust violation by BMW.

[alex91]

Greg from CA did respond. Told me he can't sell it to me anymore because of the same issue I mentioned. It sounded like if I showed up with a car at his dealership, he would be able to help. But that's a lot of driving/work to save some $$$. I just don't get why I can't just call any BMW dealer I want and buy the warranty.

Also spoke to a couple FL dealers and all of them told me that the state is regulated and therefore they all have to sell at the same price. Spoke to 3 different dealerships and all had the same price and same story.

[califlove]

Originally Posted by alex91

Greg from CA did respond. Told me he can't sell it to me anymore because of the same issue I mentioned. It sounded like if I showed up with a car at his dealership, he would be able to help. But that's a lot of driving/work to save some $$$. I just don't get why I can't just call any BMW dealer I want and buy the warranty.

Also spoke to a couple FL dealers and all of them told me that the state is regulated and therefore they all have to sell at the same price. Spoke to 3 different dealerships and all had the same price and same story.

Curious, is the BMW warranty considered the best option regardless of price or are you open to alternatives? If you're married to BMW ext plan, may I ask why...? I'll be in the market for an extended warranty plan soon once I find my M5 as well so looking for tips.

[alex91]

Although more expensive, keeping everything else equal, I think using BMW extended warranty would be easier. I won't have to wait to get reimbursed, or have non OEM parts installed. Plus I read many horror stories about even the best 3rd party warranties.
Just my 2c

[califlove]

Originally Posted by alex91

Although more expensive, keeping everything else equal, I think using BMW extended warranty would be easier. I won't have to wait to get reimbursed, or have non OEM parts installed. Plus I read many horror stories about even the best 3rd party warranties.
Just my 2c

understandable. thnx