Is it worth extending BMW maintenance?

The New Vehicle Warranty is bumper-to-bumper coverage with just a short list of exceptions. If you plan to keep your BMW longer than the first four years, it’s certainly worth considering an extended warranty if you don’t want to keep up with repair costs on your own.

Is BMW maintenance warranty transferable?

Coverage is not transferable to subsequent purchasers, owners, or lessees.

Is it worth to keep an old BMW?

Many experienced owners and mechanics will tell you to stay far away from used BMWs, especially ones from the last 20 years, or so. They are simply not worth the money you will no doubt have to pour into them. They break easily, the parts are expensive, and the labor costs are astronomical.

Does BMW warranty transfer to new owner?

Yes, BMW warranty is transferable whether the vehicle is new or CPO. In some cases, there may be a $200 transfer fee for certified BMWs. Extended warranty can be transferable, but you may find that this comes with certain limitations.

Can I cancel my BMW extended maintenance?

BMW’s original owner extended plan can not be cancelled simply because you no longer want it. You need to have just cause, such as sale of the vehicle or having your vehicle totaled in a car accident.

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.

Does extended warranty increase resale value?

An extended warranty can increase resale value. If you do decide to sell your car before the extended warranty ends, the warranty is usually transferable for a small fee to the new owner. Since the warranty gives the buyer extra peace of mind when buying a used vehicle, it can increase the resale value for the seller.

How long do BMW’s last?

A BMW will easily last 150-200,000 miles if it is properly cared for and maintained. If you drive the national average of 13,500 miles, a BMW should last at least 10- 15 years.

What model years are eligible for BMW maintenance and warranty plans?

Applicable model years for maintenance and warranty plans: 2017, 2018 and 2019 BMW models BMW maintenance programs cover factory-recommended, scheduled maintenance services as determined by BMW’s Service Interval Indicator.

What is the difference between the BMW warranty and limited warranty?

The Limited Warranties cover eligible repairs or replacement performed at an authorized BMW center according to the BMW Service and Warranty Information booklet. The New Vehicle Limited Warranty covers eligible BMWs for up to 4 years or 50,000 miles, whichever comes first.

What is the BMW extended service contract?

BMW Extended Service Contract is an optional and fee-based extended limited warranty plan which extends the limited warranty on your BMW for an additional 1 to 3 years or up to 75,000 to 100,000 miles Applicable model years for maintenance and warranty plans: 2017, 2018 and 2019 BMW models

How much does it cost to maintain a BMW?

At the end of the day, owners pay about $1,000 to $1,700 per year for maintenance and repairs – higher than most brands. If you’re nervous about ownership costs down the line, you can always get an extended warranty – either from BMW or through a third-party service contract.