Extended Warranty

[OneExtra]

The car is 3 years old at the end of October so thought I would get a quote from BMW for an extended warranty.

I was pleasantly surprised

£875 a year fully comprehensive with breakdown cover and a £250 Excess

You can have £100 excess for £1078 and £0 excess for £1392 but the one lump sum payment of £875 seems like the best option

[M5Rick]

Originally Posted by OneExtra

The car is 3 years old at the end of October so thought I would get a quote from BMW for an extended warranty.

I was pleasantly surprised

£875 a year fully comprehensive with breakdown cover and a £250 Excess

You can have £100 excess for £1078 and £0 excess for £1392 but the one lump sum payment of £875 seems like the best option

It is a good deal but do you think it's worth it anyway with the low miles on your car,it's hardly run in..

[OneExtra]

Originally Posted by M5theonlyone

It is a good deal but do you think it's worth it anyway with the low miles on your car,it's hardly run in..

It's piece of mind

Yes it's done only 13,800 miles but it's a small price to pay for a year of trouble free ownership plus if I sell it it will be a big selling point

[Dormermike]

No brainer at that price - includes wear and tear too.

[OneExtra]

Originally Posted by Dormermike

No brainer at that price - includes wear and tear too.

No warranty includes wear and tear as far as I am aware

[M5Rick]

I had the BMW warranty for the remaining 6 months passed on from the last owner where I claimed for a broken a/c condenser with about 2 months to go and all renewed free of charge then I didn't renew it for the £840 they wanted and up to now it's been trouble free for two years at 34k miles now.

[OneExtra]

Originally Posted by M5theonlyone

I had the BMW warranty for the remaining 6 months passed on from the last owner where I claimed for a broken a/c condenser with about 2 months to go and all renewed free of charge then I didn't renew it for the £840 they wanted then and up to now it's been trouble free for two years at 34k miles now.

That's the luck of the draw

[Dormermike]

Originally Posted by OneExtra

No warranty includes wear and tear as far as I am aware

The allianz / mondial warranty does. Up to 100k. It's a very good warranty if you can get a dealer onside.

[OneExtra]

Isn't that the BMW Warranty provider

[Dormermike]

Originally Posted by OneExtra

Isn't that the BMW Warranty provider

Yes.

[msq123]

Originally Posted by OneExtra

Isn't that the BMW Warranty provider

No, Allianz if the underwriter on a BMW extended warranty although the work is done within the BMW dealer network.

https://www.bmw-warranty.co.uk/Start

[OneExtra]

Originally Posted by msq123

No, Allianz if the underwriter on a BMW extended warranty although the work is done within the BMW dealer network.

https://www.bmw-warranty.co.uk/Start

Yes thats what I understood also, I just didnt think that the extended BMW warranty covered wear and tear

[msq123]

Originally Posted by OneExtra

Yes thats what I understood also, I just didnt think that the extended BMW warranty covered wear and tear

You are right. Doesn't cover normal wear and tear.
I have comprehensive warranty and besides wear and tear like clutch, brakes etc everything is covered. Although there are exceptions, for instance if the wear and tear is due to a fault covered under warranty then they would cover it.

[Dormermike]

Originally Posted by msq123

No, Allianz if the underwriter on a BMW extended warranty although the work is done within the BMW dealer network.

https://www.bmw-warranty.co.uk/Start

What's the difference ? It's an insured warranty. It is underwritten by allianz. Therefore they provide the bmw warranty.

Allianz pay out to the dealers who do the work.

I think we are all talking about the same thing.


And for wear and tear: "Failure of covered components for wear and tear is also included up to 100,000 miles from registration".

As an example I had a comp warranty claim initially rejected for bushings (not M5) as they were considered wear and tear and my policy had started before allianz added wear and tear to the comp policy. After a chat, they agreed to add W&T to my policy retrospectively and covered the costs for replacement.

[Davie 3 door]

I have just renewed mine too, £875 £250 excess it's just insurance and piece of mind. I would not have the M5 without it.

[Grizzle34]

Originally Posted by Davie 3 door

I have just renewed mine too, £875 £250 excess it's just insurance and piece of mind. I would not have the M5 without it.

I hope you done it monthly Davie price doesnt change

[OneExtra]

Originally Posted by Grizzle34

I hope you done it monthly Davie price doesnt change

It's a lot more expensive monthly

[Grizzle34]

Originally Posted by OneExtra

It's a lot more expensive monthly

Compared to renewal when the cars over 60k miles.... its cheaper.

[RichDM5]

Just done this today - £793 with £250 excess. 2014 F10 M5 23k on clock.

[Dormermike]

Interesting variations but good to see sub 1k as that's very good value. They must be adjusting for mileage rather than just the 60k threshold.

[msq123]

Originally Posted by Dormermike

Interesting variations but good to see sub 1k as that's very good value. They must be adjusting for mileage rather than just the 60k threshold.

Looks like they are. I don't remember exactly but I think I paid around 1350 for comprehensive with 250 excess. It is a 2014 with 46k on the clock at the time.

I read somewhere else as well that it increases significantly once you hit 60k. Maybe I will be able to squeeze one more renewal before that happens

Having said that I am not sure with BM3 stage 1 running what will happen if it comes to a claim, lol.

[OneExtra]

Originally Posted by msq123

Looks like they are. I don't remember exactly but I think I paid around 1350 for comprehensive with 250 excess. It is a 2014 with 46k on the clock at the time.

I read somewhere else as well that it increases significantly once you hit 60k. Maybe I will be able to squeeze one more renewal before that happens

Having said that I am not sure with BM3 stage 1 running what will happen if it comes to a claim, lol.

Just take it off before it goes to the dealer