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How much does BMW charge for extended warranty?

How much does BMW charge for extended warranty?

BMW Extended Warranty Cost According to CARCHEX, if you purchase an extended warranty from BMW directly, it will likely cost you between $1,000 to $1,500 per year. BMW also charges a $50 deductible for any needed repairs.

Can I buy extended warranty on used BMW?

Even if you’re buying the used car from the dealer, you can still call around to purchase the BMW Extended Warranty on the day you purchase the car. So now you have a BMW Extended Warranty plan in mind.

Are BMW extended warranties negotiable?

A BMW extended warranty could be negotiable depending on the finance manager you speak with at the dealership. However, there is no guarantee that a BMW dealership will be flexible on price. What does BMW’s Platinum extended warranty cover?

Is it worth buying BMW extended maintenance?

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 warranty does BMW offer?

New Car Warranty A new BMW is covered by a warranty that offers the owner protection against defective materials and workmanship for the first four years or for 50,000 miles, whichever occurs first. The warranty comes into force on the date of the sale or when the vehicle is placed in service.

What does Dave Ramsey say about extended warranties?

“The fact is, extended warranties are overpriced. That’s the reason people sell them, because they make a bundle on them in commissions,” says a money expert and radio talk show host, Dave Ramsey. “I don’t recommend buying extended warranties, ever.

Is maintenance for BMW expensive?

Is BMW maintenance 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.

Does BMW offer extended warranty?

Offering three different extended warranty plans, all under BMW’s Extended Service Contracts, the company gives the driver more options than just a regular, straightforward extended factory normally provides.

What is the standard warranty on a BMW?

The standard warranty on BMW motorcycles is three years/36,000 miles. This includes manufacturing defects, which are repaired free of charge.

What is BMW manufacturers warranty?

The factory BMW warranty lasts four years/100,000 miles, whichever comes first. The longest you can be protected by BMW is seven years/100,000 miles from the in-service date. This would include the four-year limited warranty coverage plus three years of extended coverage.

What does BMW warranty cover?

The BMW basic warranty, commonly known as a bumper-to-bumper warranty, covers repairs needed due to manufacturer defect or workmanship. The warranty covers most components of a new BMW and begins the day of delivery to the first owner (in-service date) or the first date of use.