Extended Warranty

[msq123]

Originally Posted by OneExtra

Just take it off before it goes to the dealer

That's the plan but they do have a way of finding out if you tinkered with the ECU. Not that they do it every time but if they want to they can.
But I will make sure I remove all the proofs whenever I am within 100y of my local dealer

[s99ane]

I wouldn’t not post on a public forum about mods

Warranty companies and insurance companies do check in the event of a major claim

[lotus49]

Originally Posted by RichDM5

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

I don't understand why everyone else's quotes are so low. Mine is a 2014 with 37k (at the time I got a quote) and it was more than double that. What am I doing wrong?

[OneExtra]

Has it always had a warranty with no breaks?

Also the car is 2014 with 37,000 miles mine is 2016 with 14,000 miles

[lotus49]

Originally Posted by OneExtra

Has it always had a warranty with no breaks?

Also the car is 2014 with 37,000 miles mine is 2016 with 14,000 miles

No, it hasn't always had a BMW warranty.

Yours ought clearly to be a lot cheaper than mine but RichDM5 said that his was "£793 with £250 excess. 2014 F10 M5 23k on clock" and 23k vs 37k isn't a big difference. I cannot remember how much my quote was exactly but it was more than £1,500 pa.

[OneExtra]

If the car goes out of warranty and then back in again they definitely charge more

[RichDM5]

Originally Posted by lotus49

No, it hasn't always had a BMW warranty.

Yours ought clearly to be a lot cheaper than mine but RichDM5 said that his was "£793 with £250 excess. 2014 F10 M5 23k on clock" and 23k vs 37k isn't a big difference. I cannot remember how much my quote was exactly but it was more than £1,500 pa.

I noticed, the first year and when you ask for a quote from the site its in the £1,200 range. The renewal, importance being on renewal letter, was £793.

It seems they screw you the first time you take it out.

[lotus49]

Originally Posted by OneExtra

If the car goes out of warranty and then back in again they definitely charge more

In this case, so much more that I bought a warranty from WarrantyWise instead. The dealer spoke highly of them and chose them over a cheaper option even for the 6 months of the warranty they paid for themselves. The main issue with the warranty I have is that although it covers almost everything, the maximum payout is £5k. If my engine blows, that isn't going to go very far.

Ultimately, there is a balance to be struck. The more comprehensive the warranty the lower the risk but the cost may be so high that it's just not worth it.

[OneExtra]

So for me £840 Fully Comprehensive with BMW that includes roadside assistance is a great price

[sarjoo]

Originally Posted by RichDM5

I noticed, the first year and when you ask for a quote from the site its in the £1,200 range. The renewal, importance being on renewal letter, was £793.

It seems they screw you the first time you take it out.

Not an M5, but I noticed on my high mileage X5 I did the online BMW quote it was stating £1800 for a year (or £185 a month) with the £250 excess option

https://www.bmw-warranty.co.uk/Product/Index

My car is currently under AUC warranty as I only just got it. I hope you're right that when the letter eventually comes at the end of the first year of my ownership that it'll be well below what the site is telling me today! Somehting tells me it wont be any lower than the site currently reports though.

[F10CPROG]

I ran a quote on my 2013 LCI M5 CP and it came back at nearly £2k a year...

Went with warrenty direct instead.

[M5Rick]

Originally Posted by F10CPROG

I ran a quote on my 2013 LCI M5 CP and it came back at nearly £2k a year...

Went with warrenty direct instead.

Nearly 2 grand wow. How much was warranty direct as a comparison and what price restrictions?

[Dormermike]

Warranty direct didn't pay out for someone on pistonheads in fact they went out of their way to avoid it. Have a google. Probably not worth the paper it's written on.

[M5Rick]

Originally Posted by sarjoo

Not an M5, but I noticed on my high mileage X5 I did the online BMW quote it was stating £1800 for a year (or £185 a month) with the £250 excess option

https://www.bmw-warranty.co.uk/Product/Index

My car is currently under AUC warranty as I only just got it. I hope you're right that when the letter eventually comes at the end of the first year of my ownership that it'll be well below what the site is telling me today! Somehting tells me it wont be any lower than the site currently reports though.

You can always call them up if it isn't and discuss a lower price rather than going by a standard site estimate or letter.

[F10CPROG]

Warrenty direct was £40/month for a year, covered 3yrs. Basic plan. Uncapped labour rate. They do several add on's. I wonder what BMW cover compared to them?

Does anyone have any experience with warrenty direct?

They have a BMW dealer near me that they recommend and I have spoken to that dealer who say they do afew jobs with warrenty direct. They also deal with Warrenty Direct themselves which cuts me out as middle man.

[M5Rick]

£40 per month is a more reasonable quote that won't break the bank and with the uncapped labour rate, may go for that myself.

[F10CPROG]

Agreed, reasonably priced quote.

Just worries me they wont cover anything when I need it.

[Dormermike]

As I said

https://www.m5board.com/vbulletin/f1.../topics/602104

[OneExtra]

Originally Posted by F10CPROG

Warrenty direct was £40/month for a year, covered 3yrs. Basic plan. Uncapped labour rate. They do several add on's. I wonder what BMW cover compared to them?

Does anyone have any experience with warrenty direct?

They have a BMW dealer near me that they recommend and I have spoken to that dealer who say they do afew jobs with warrenty direct. They also deal with Warrenty Direct themselves which cuts me out as middle man.

Seems cheap when you consider how big the bills can be with M cars.

[OneExtra]

Originally Posted by Dormermike

As I said

https://www.m5board.com/vbulletin/f1.../topics/602104

I would trust BMW but even then I can imagine its not 100% straightforward given issues I have had with a 30 month old car thats still under manufacturers original warranty

[M5Rick]

I'm nearly on 35k and just one claim made in it's life for failed a/c condenser when warranty was in force for the six months I had included in the sale.

[OneExtra]

Originally Posted by M5theonlyone

I'm nearly on 35k and just one claim made in it's life for failed a/c condenser when warranty was in force for the six months I had included in the sale.

It's a lottery