A BMW extended warranty costs around $3,000 for three years of coverage, but prices vary depending on coverage options and the condition of the used BMW. For a three year platinum plan, a BMW can cost as much as $7,000. Year can find cheaper prices for comparable coverage with third party providers.Dec 8, 2021
Is it worth getting a BMW extended warranty?
Even after the factory warranty expires, a BMW extended warranty may not be worth the price if your car is reliable and repair costs are low. But as all BMW owners are aware, BMW maintenance is particularly expensive. As luxury vehicles, BMW parts are expensive, so repairs can be costly.
Can I buy extended warranty on used BMW?
BMW extended warranties are a great way to help offset expensive repairs. They begin when your manufacturer or factory warranty expires. You can buy an extended warranty for new, used, or pre-owned BMWs from the dealership or from third-party car warranty companies like CARCHEX.
Can you negotiate a BMW extended warranty?
Like the price of your vehicle, you can negotiate the cost of a BMW extended warranty. BMWs are expensive vehicles to maintain, so vehicle service contracts are likely to be pricey. Some customers have reported prices as high as $6,500 for a 5-year/100,000-mile Platinum contract.
Is the BMW maintenance plan 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.
How much should I spend on an extended 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.
Will BMW go to 5 year warranty?
BMW vehicle owners can choose up to five, six, or seven years of coverage, and either 75,000 miles or 100,000 miles. Remember, this is based on the in-service date, meaning coverage is an additional one to three years after your four-year limited warranty expires not five to seven additional years.