The original factory warranty on your BMW will expire at some point, and the search for BMW Car Warranty will begin. There are other extended warranty options available, some of which differ from the BMW Extended Warranty supplied by the dealer.
Extended car warranty for BMW
You would like to keep your BMW in good functioning order now that you’ve purchased it. A BMW extended warranty is a car service contract that lasts up to seven years or 100,000 miles and saves the money in your pocket rather than paying for expensive repair fees.
BMW extended warranty are a fantastic method to help cover the cost of costly repairs. When your manufacturer’s or factory warranty expires, they begin.
While BMW’s new vehicle warranty is comprehensive, it is not as long as most other manufacturers offer. For additional peace of mind, select a BMW extended warranty or a third-party car service plan.
BMW extended warranty overview
Every new BMW comes with a comprehensive, bumper-to-bumper factory warranty. There is a four-year/50,000-mile warranty on the vehicle, whichever comes first. Extended warranties from BMW dealerships are an option for sure owners who want to extend their coverage by an additional year or two.
According to the plan you select, if you purchase a BMW extended warranty, you’ll be covered for 75,000 or 100,000 miles.
BMW extended warranty coverage
It is essential to examine whether you require BMW warranty coverage before investing in extended protection for your vehicle. BMW presents three levels of coverage: Platinum, Gold, and Powertrain Plus. Platinum is the most comprehensive level of BMW warranty coverage. The following is a list of what is covered under each warranty:
- Platinum: The most extensive of the three levels of BMW extended vehicle protection, it covers the most critical components such as the engine, fuel system, gearbox, electrical system, cooling unit, steering, conditioning systems, and brake system, with only a few exclusions.
- Gold: Gold-level coverage includes what BMW refers to as “complete” coverage for the engine, gearbox, fuel system, cooling unit, steering, anti-lock brakes, heating, and conditioning systems, among other things.
- Powertrain Plus: This is a powertrain warranty, as the name implies. Only the engine systems and key drive assembly components are covered. It only covers a small portion of most systems, focusing on the most critical components.
BMW X series cars come with a factory warranty that includes:
Limited Warranty: BMW’s basic new-vehicle limited warranty covers defects in materials and workmanship for four years or 50,000 miles. The BMW basic new-vehicle warranty covers many components, including the engine, transmission, and suspension.
- Rust perforation warranty: BMW’s 12 years and unlimited miles rust perforation warranty prove their cars’ durability and excellence.
- Government emission warranty: There is a two-year/24,000-mile government emission warranty on all BMWs to be sure your car is running cleanly and polluting the environment as little as possible.
- BMW care program: Free planned maintenance for the first three years or 36,000 miles is included in the BMW Ultimate Care Program when you purchase a new BMW.
Benefits Of Best Extended Car Warranty For BMW
For up to 75,000 or 100,000 miles, a BMW extended warranty can offer you additional protection for your car. BMW’s Platinum coverage is similar to that provided by third-party bumper-to-bumper warranties. Still, with an aftermarket provider, you may be able to purchase more coverage for a more extended period and receive higher benefits.
Additional advantages such as rental insurance, travel interruption services, roadside assistance, and towing may be available longer than those provided by this particular manufacturer. After everything is said and done, BMW’s extended warranty is average compared to other automakers’ warranties, which typically offer more extensive coverage and additional advantages.
BMW’s extended warranty program is considerably restricted compared to other manufacturer-backed extended warranties due to the higher fees and shorter coverage durations than other manufacturing warranties. We feel that obtaining an extended warranty for your car is a good investment, but purchasing an extended warranty straight from BMW is not a good investment. You should receive a comparable level of coverage from an aftermarket source that will last longer, be more flexible, and be less expensive than what you are currently paying.
What Best Extended Car Warranty For BMW Covers
A BMW Extended Service Contract is the name given to an extended warranty offered by BMW. Some parallels and differences exist between this extended automobile guarantee and the original manufacturer warranty, as shown below:
- Your BMW extended warranty protects your car for up to 7 years or 100,000 miles from the original purchase date.
- While factory warranties are only valid for a certain period, you may extend your coverage by purchasing a BMW extended warranty before the original guarantee expires. That means you’ll have a little more time to think over all of your alternatives and won’t feel rushed to make a selection in a showroom environment.
- As part of BMW’s customer care, you will continue to access 24-hour roadside assistance.
- All covered repairs are carried out at a BMW facility by BMW specialists, who only use genuine BMW components throughout the whole process.
- There is no longer a single basic warranty; instead, you have three different car protection plans, with Platinum being the most comprehensive and Gold being the most affordable.
What BMW warranty Does not Cover
Of course, the BMW extended warranty does not cover all of your vehicle’s needs. Here are a few illustrations of exclusions:
- Damage caused by accidents or the environment
- Damage as a result of improper usage
- Accessories or alterations made after the fact
- Brake pads and wiper blades are examples of wear components.
- Paint and other services are examples of this
- Some suspension components are made of steel
Cost Of Best Extended Car Warranty For BMW
Various elements influence the cost of BMW extended service contracts, including the model of your car and the plan you pick. In addition, BMW dealers establish their prices, so prices will vary based on where you live.
It was challenging to acquire pricing estimates for BMW extended warranty plans since few of them were there. Because BMW is a luxury brand, expect to pay a higher premium for a BMW insurance policy. Luxury automobile parts are often significantly more expensive than components for ordinary cars.
Most conventional extended warranties cost between $1,000 and $3,000, so anticipate the cost of a BMW extended warranty at the higher end of that range, if not greater than it already is. Third-party car service contracts are usually always less expensive than manufacturer plans, so you may be able to get a better price by opting for this alternative.
Regardless of whatever BMW extended warranty plan you pick, you’ll be required to pay a $50 deductible for any approved repairs.
Is it worthwhile for customers to purchase a BMW extended warranty?
While a BMW extended warranty may be helpful, it’s also a good idea to look at third-party options as a backup plan. However, the manufacturer’s extended warranty is for a shorter amount of time and at a higher cost than what you’d find elsewhere in the market.
In the event that your BMW suffers a technical malfunction, an extended warranty can give you with even greater assurance. Drivers have the option of choosing between a warranty supplied by the dealership and a third-party extended warranty package. However, you must consider the dependability of your vehicle as well as your personal financial resources.
“Perhaps,” is the realistic answer to the question. The complete answer is a little more difficult to determine. In terms of volume of production, BMW is a luxury automobile manufacturer with a small market share. Some of its automobiles, such as the i8, are effectively custom-built supercars, similar to those produced by Ferrari. Others, like as the BMW 3 Series lineup, are more widely available. Consider the following two questions:
• Will I be able to keep this vehicle after the original warranty period has expired? If you replied “no,” an extended warranty will not be of much assistance to you.
• Do I have the financial resources to cover the cost of an expensive repair after the warranty period has run out? Failure of a gearbox can easily cost $5,000, although it is exceedingly unusual to occur between the end of the original warranty and 100,000 miles on the vehicle. However, if you don’t have the finances to pay for such a repair, it’s far preferable to factor the cost of the warranty into your car loan at the time of purchasing the vehicle.
What is the cost of an extended warranty for a BMW vehicle?
Depending on the vehicle, the level of coverage, and the deductible you select, the cost of a BMW extended warranty might be significantly different. The cost of a BMW extended warranty is typically between $1,000 and $1,500.
What exactly is covered by the BMW extended warranty?
BMW’s extended warranty covers mechanical defects for up to 7 years/100,000 miles, depending on the vehicle model purchased. Powertrain Plus, Gold, and Platinum are the three levels of coverage that are available to drivers in this category. The BMW extended warranty does not cover maintenance or damage caused by the environment.
Is it true that BMW sells extra warranties that may be added to your vehicle?
BMW offers a variety of warranty options, including extended warranties. You have until your manufacturer’s warranty expires, which is 4 years/50,000 miles, to purchase a plan. BMW extended warranties may only be obtained through a BMW dealer in the United States and Canada.