BMW is known for its extraordinarily designed, well-functional, and dynamic cars in the world. Today, millions of BMW vehicles are running on the roads. It’s nearly impossible not to spot a BMW car while driving through the town. Initially, BMW used to manufacture airplane engines and set aviation records for making advanced and high-quality components.
The company is keeping up with a legacy of over 100 years in manufacturing ultramodern luxury cars encompassing the latest features and technologies. The company strives to meet the expectations of today’s modern era!
Why Should One Buy a BMW Extended Warranty?
The extended warranty of BMW offers a 4-year/50,000-mile bumper-to-bumper warranty, providing protection to the new BMW vehicles against manufacturing defects. The company also provides additional protection, 3-year/50,000-miles warranty.
Overview of BMW Extended Warranty
An extended warranty, also known as a vehicle service contract, extends the auto warranty that comes with the new vehicle. Like other companies’ extended warranty programs, BMW also offers different extended warranty plans: Powertrain Plus, Gold, and Platinum extended warranty plans.
Powertrain Plus Extended Warranty Plan
It provides a 7-year/100,000-mile coverage encompassing the expenses of engine, fuel and cooling systems, transmission, and drive axles. However, the all-wheel-drive, transfer case, and engine induction system expenses are not part of this plan.
Gold Extended Warranty Plan
Its coverage is almost the same as that of the Powertrain Plus Extended Warranty plan. It covers the expenses of all items included in the Powertrain plus plan. In addition to this, it also covers the expenses of steering, anti-locking brakes, heating, and air conditioning systems. However, audio, entertainment, and navigation systems are excluded from this plan.
Platinum Extended Warranty Plan
This plan offers a 7-year/100,000-mile coverage. It covers the same expenses as the Gold Plan and the navigation system, entertainment system, audio system, and specific exterior and interior component expenses. The costs of wear-and-tear in brake pads and wiper blades are not part of this coverage.
BMW vehicle owners can purchase any of the desired plans before or after the expiry of BMW warranty duration.
Perks of BMW Extended Warranty Plans
Along with the coverage of stated repairs, vehicle owners enjoy access to 24-hour BMW roadside assistance. Besides this, the BMW service contract also covers genuine BMW parts from the manufacturer during the warranty claim.\
What Expenses are Excluded from the BMW Extended Vehicle Protection Plan?
Though the BMW Extended vehicle protection plan takes charge of major maintenance jobs, it doesn’t completely free the vehicle owners from all repair expenses. Most of the vehicle warranties exclude:
- Items that undergo regular wear-and-tear (like wiper blades and brake pads)
- Damage caused by owner negligence or abuse
- Damage caused by improper repairs
- Repairs to vehicles that have undergone modification with aftermarket components
- Damages that are to be covered by an insurance provider (like collision, an act of nature, theft)
- Routine maintenance of the vehicle
Is it Worth Buying a BMW Extended Warranty?
Buying a BMW extended warranty plan depends upon the individual situation and personal perspectives.
People who prefer quality repair and maintenance of their BMW vehicles find buying extended warranty plans worthwhile. However, vehicle owners who do not use their cars extensively are not recommended to extend their warranty duration because their cars aren’t susceptible to extensive damages.
What are the Extended Warranty Options for Used BMWs?
What are the warranty options for BMW owners whose vehicles have surpassed the original manufacturer’s warranty duration? Under such circumstances, the vehicle owners wishing to extend their BMW warranty protection can avail an option directly offered from BMW, Powertrain Plus.
But, to avail of the option, the vehicle must have less than 80,000 miles on the odometer at the time of coverage purchase and duration of use less than seven years.
Only if the vehicle owner falls within the criteria, they have the following three service terms available:
- 12 months or 12,000 miles
- 24 months or 24,000 miles
- 36 months or 36,000 miles
The above-stated options are available for vehicle owners whose vehicles are still under the coverage of the manufacturer’s warranty, but with that, they have three more protection plans offered by BMW.
- 5 years or 100,000 miles
- 6 years or 100,000 miles
- 7 years or 70,000 miles
- 7 years or 100,000 miles
Note that the time and mileage requirements are calculated from the initial in-service date and a zero odometer. The odometer reading noted at the time of enrollment in the extended warranty program is not considered.
There is a misconception that warranty coverage becomes functional from the first repair service, which is not true. Besides, every service has a deductible fee of 50 dollars in each extended warranty plan.
Is it worth buying a BMW Extended Warranty from Third-Party Sellers?
Buying an extended warranty from a third-party service instead of BMW itself is totally a matter of trust. Out of several aspects, price is the most valid reason vehicle owners tend to buy extended warranty plans from third-party services; these are less expensive as there is a direct link between the source and the consumer.
The service plans that the vehicle owners get to buy from dealerships are nearly the same as those offered by BMW itself. Contracts provided by third-party services can be purchased for both new or used vehicles at any desired team.
Many third-party services or dealerships offer extended warranty plans for BMW at low pricing but with the same features as given by the company.
Wrapping it Up
The BMW repairs are very costly and must be done with supreme quality. In order to ensure quality repair and maintenance of your BMW vehicle, it is advised to buy extended warranty plans which don’t only let the owners enjoy extensive coverage but also maintain the quality of the BMW vehicle.
