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08-08-2022, 02:49 PM | #1 |
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just bought a M5 Comp and having second thoughts on the warranty
Hi All, I just picked up a 2014 M5 Competition with only 24K miles and full-service history. It looks like a new car. I purchased a 3-year warranty with United States Warranty Corp for $5K.
However, I'll only drive max 3-4K miles a year, and I'm having second thoughts about how wise the warranty purchase was and the chances of me needing to use it? From reading the forum, it appears that only a few M5's have significant engine issues. What is the general consensus on M5 warranties if you don't drive many miles? |
08-09-2022, 10:43 AM | #4 |
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Depends on what the warrenty covers.. i bought mine, 2013 38K and i got freedom warrenty that covers 100% of everything, for 4 ys or 100k miles.. even the rims if i hit a pothole and even keys if i lose one. mine was like $3500 and i worked it into the payment. i can even buy my own parts if need be and send the bill and they reimburse. to me this was a no brainer.
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08-10-2022, 10:11 AM | #5 | |
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Quote:
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Current:2021 Mazda MX5, 2013 BMW M5 Tuning Tech Stage 1, 2013 Buick Encore, 2013 Chevy Traverse LTZ
Past: 2002 Jeep Grand Cherokee, 2014 BMW 550i MSport, 2005 Jaguar S-Type R, 2000 BMW 540i, 1997 BMW 540i, 1997 WS6 Pontiac Firebird, 1992 Eagle Talon TSI Last edited by 1320racer; 08-10-2022 at 10:15 AM.. Reason: typo |
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08-10-2022, 11:14 PM | #6 |
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A good warranty is totally worth it.
My M is currently at the dealer and the warranty company is giving them the run around, wanting them to not use new parts and not fully covering 100% of the labor. Will definitely drop them and move on to another company. |
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