Quick Answer: How Much Is A Bmw Extended Warranty?

Cost of the BMW Extended Warranty If you’re considering BMW extended warranty coverage, the main question you may be asking is whether it’s worth the cost. From what we found in our research, BMW Extended Service Contracts are on the expensive side. Expect to pay between $1,000 and $8,000 for a BMW extended warranty.

Is BMW extended warranty worth it?

Is it worth buying a BMW extended warranty? A BMW extended warranty may be worth it, but we recommend exploring third-party providers too. The manufacturer extended warranty offers comprehensive coverage, but with shorter terms and likely higher prices than you can find elsewhere.

Can you buy a BMW extended warranty?

If you buy a new vehicle, you can add BMW extended warranty coverage right away or at any time before your original warranty’s expiration. The BMW extended warranty program offers three levels of coverage: Powertrain Plus, Gold, and Platinum.

What is the cost of an extended car warranty?

What’s The Average Extended Car Warranty Cost? Based on our research, the average extended car warranty cost is about $2,550, though it can range from $1,000 to $4,500 or more depending on the plan.

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Is BMW prepaid maintenance worth it?

The BMW maintenance plan usually costs more than maintenance from independent repair shops. If you drive an average amount of miles (15,000 miles per year or less), then it might not be worth it. However, if you put a lot of miles on your car, the maintenance plan can provide more value.

What does BMW warranty not cover?

There are various items that are not covered by this warranty for enrolled vehicles retailed on or after September 1, 2017. Brake pads and rotors (discs), brake shoes and drums; filters; fluid replacement of a component by itself; scheduled maintenance services; spark plugs; wiper blade inserts, blade assemblies/beams.

How much does it cost to extend BMW CPO warranty?

Cost of the BMW Extended Warranty Expect to pay between $1,000 and $8,000 for a BMW extended warranty. We found a BMW M4 owner that was quoted $6,500 for a five-year/100,000-mile Platinum Plan.

Can you add an extended warranty after purchase?

An extended car warranty is repair coverage that kicks in after the typical manufacturer auto warranty has expired. You can even purchase an extended warranty after the manufacturer warranty expires, although the price will go up considerably.

Can I buy BMW maintenance plan?

All new BMW vehicles from the model year 2017 or later, purchased or leased at an authorized BMW retailer like East Bay BMW, are covered by BMW Ultimate Care. The cost of this BMW maintenance program is free, offering affordable coverage for 3 years or 36,000 miles, whichever comes first.

How much does CarShield cost on average?

The simple answer is that a CarShield plan costs $129.99 per month, on average. That being said, their very basic, no frills plan begins at $99.99 per month. Your cost will vary greatly depending on the age and mileage of your car, and other factors that are specific to you.

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Is it necessary to take extended warranty on a car?

Buying an extended warranty is always beneficial, especially if you are looking at keeping your car for long. Yes, it may not cover some parts and faults, but what you get is a lot. And even though it might cost you a premium, it can save you big money in the long run or help you sell your car.

How do you price a warranty?

Assessing Value by Price. Compare the cost of the extended warranty against the cost of the product. A well-priced warranty should cost a small percentage of the product’s original cost. If the cost of the warranty is more than 15 to 20 percent of the product cost, then it may not be worth it.

Is the maintenance on a BMW expensive?

Yes, BMW’s maintenance cost after the warranty is more expensive than many other brands – luxury or not. A BMW can cost about $5,000 more to maintain over a 10-year period than a Mercedes-Benz, and $12,000 more than a Toyota. Maintaining a BMW is expensive because it’s a German car with specialty parts and technology.

Why is BMW so expensive to maintain?

Maintaining a BMW is expensive because it’s a German car with specialty parts and technology. BMW is engineered for driving enthusiasts – it’s not just a car to get people from point A to point B. BMW has sophisticated technology that requires specialized certification to properly repair.

Does BMW still offer free maintenance?

BMW is offering free servicing on its new vehicles for the first three years or 60,000km. The “BMW Service Inclusive Plus” deal applies to all new cars sold between now and the end of October and covers everything from oil changes and labour costs to brake pads, clutches and windscreen wipers.

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