For over forty years, BMW has branded itself as the ‘The Ultimate Driving Machine,’ through its versions of M performance cars, SUVs, convertibles, and sports sedans. The brands have long-lived to that name. Although BMW new vehicle contract is strong, it probably doesn’t earn the brand’s ‘ultimate’ label. So, it is an excellent reason to start considering a BMW extended warranty cost in your budget. You can get the added protection from the carmaker, dealerships, or a third-party company for extra peace of mind.
So, what is an extended warranty? If you have ever bought a car, particularly from an auto-dealership, chances are you’ve encountered it. Nearly all dealers will try selling you one, and you have probably heard someone saying that they are a waste of cash. But, the negative opinions often come from customers not understanding their policy. Therefore, they’re upset about an item that needed fixing and was not covered. It is precisely the greatest difficulty when it comes to a vehicle extended warranty. We recommend that you know what needs covering and making sure the contract you are getting covers those parts.
Sure, extended vehicle service contracts are controversial and can be a divisive topic among car owners. Similar to insurance policies, there is plenty to consider in terms of whether or not they are worth buying. In this article, we will take a closer look at the BMW extended warranty cost for the available plans, and what they include. Moreover, we will show some benefits of going with a third-party provider for the added protection. Along that line, we reviewed, compiled, and ranked the top five best BMW extended warranty companies. Based on how you drive your Beamer, and how long you want to own it, one of the five could be a better option for you.
BMW Extended Warranty: Everything You Need To Know
Being the proud owner of the infamous BMW is one thing, but having it work as it should is another thing. If you are looking to keep money in your pocket instead of paying for the repair bills, consider getting the BMW extended warranty. There are plenty of choices out there, including the extended warranty for cars over 100k miles. The cost of procuring foreign parts makes BMW one of the most difficult cars to maintain. This is in addition to the complexity of regularly changing the oil.
More often than not, purchasing an expensive auto can feel overwhelming with regard to repairs. It, however, does not have to be. First off, if you bought a brand new BMW, you are covered by the warranty of the manufacturer. But when the warranty expires, you cannot afford to pay from your pocket. It would be an ideal time to look into getting an extended warranty for the BMW. It is essential nonetheless to purchase it from one of the most reputable Extended Car Warranty Companies.
There are several providers for the extended warranty plan. To be sure you are buying the right extended warranty for your car, it is essential to read several BMW extended warranty reviews. This will give you a better perspective of the various service bouquets in the market. Warranty reviews are also a great way to find out other customers’ experiences with various service plans. Let us discuss BMW extended warranty plans and the expected BMW warranty costs.
BMW Extended Warranties
BMW extended vehicle service contract is a good option, especially when the factory protection expires. But, you should know some vital details before buying it.
When the factory or BMW certified pre-owned warranty expires on your Beamer, the company offers a few other options for extending your coverage. The offerings are available in three distinct extended coverage deals. These deals are all under the company’s Extended Service Contract, meaning they are all company-backed agreements. Therefore, BMW drivers have more options than regular, straightforward extra protection manufacturers often provide.
While there is plenty to like about the carmaker offerings and approach, we discovered several disadvantages you should learn before getting an extension of your BMW factory warranty.
BMW Extended Service Contract At A Glance
|Number of Plans||3|
|Coverage Limit||Up to 100k miles|
|Number of Years||Between 1 and 3|
BMW Extended Warranty Program In-Depth
BMW is among the few car manufacturers with an extensive extended vehicle service contract program in the industry. While some carmakers merely extend the inclusions and limits of their original factory warranty, BMW takes a unique approach. In this new method, the company provides a few different options to its customers. The formula matches the value in a BMW extended warranty cost.
So, drivers can go with an option that meets their needs the most. Each level of the extension comes with a different list of inclusions and costs. Nevertheless, all plans carry the same basic term range;
- 1-3 years over the original manufacturer contract
- 75k – 100k mileage limits over the original manufacturer warranty
With this extension, BMW owners can include an extended warranty plan without waiting for their factory warranty to expire. Each extension level offers drivers with six different lengths to choose from, including;
- Five-year or 75k mile length
- Six-year or 75k mile length
- Seven-year or 75k mile length
- Five-year or 100k mile length
- Six-year or 100k mile length
- Seven-year or 100k mile length
BMW Dealership Extended Warranties
You can get a number of extended warranty plans from BMW dealerships, inclusive of:
- Powertrain Plus
The above plans cover the vehicle for a maximum of 7 years, plus 100,000 miles. They also provide 24/7 roadside assistance as well as BMW customer service.
Below is a short preview of each of the dealership warranties:
1) Powertrain Plus
Among BMW extended vehicle protection plans, this is the lowest offering. Choosing this plan extends the typical powertrain warranty most models come with when purchased new. It essentially extends the powertrain plan hence the name Powertrain plus.
The plan provides comprehensive cover for all wheel drive transfer case as well as the induction system. Drivetrain components covered in this plan include:
- Fuel systems
- Electrical components
- Drive assembly
Because the plan is primarily based on the powertrain, it has a fairly large list of exclusions if you are looking for value in an extended warranty. Vital components such as air conditioning, heating, steering, and brakes are all excluded.
Bearing in mind the plan is not a bumper to bumper warranty, problems with the interior, body or electronics such as your infotainment system are not covered.
If you are looking for an improvement from the Powertrain Plus option, you should opt for the Gold plan. It offers a more comprehensive cover for drivetrain parts. However, it does not into the bumper to bumper warranty coverage territory. Given the plan focuses on the drivetrain, it becomes more of a powertrain warranty plan.
Comprehensive coverage of the Gold plan lists components such as:
- Transfer case
- Fuel system
- Cooling system
- Induction system
However, there is a limited cover for electrical systems as well as the exterior and interior in general.
The infotainment system is unfortunately off the coverage table in this plan.
Similar to the trends in Gold and Powertrain Plus plans, the Platinum option provides more comprehensive cover for major components of the BMW model than other plans. In fact, this plan has coverage for nearly anything in a BMW car, but in varying degrees.
The extra cost for this plan isn’t in vain because it leverages both bumper to bumper and powertrain warranty coverage. Among the various components listed under comprehensive cover, you will find powertrain components such as the transmission and engine. In addition, other major components like:
- Electrical systems
This plan, however, also has limited coverage for issues touching on the general exterior and interior of your car.
BMW Repair Costs
Similar to all the latest cars, BMW models are more complex, which makes buyers worry about how it might influence vehicle reliability. For example, all the 2020 BMW are all-wheel drive and include turbocharged engines.
Regardless, the brand had a reliable performance in the 2019 J.D. Power Vehicle Dependability Survey. The study asks car owners about the issues they experience with their models after owning it for three years. In this study, BMW had 122 issues in every 100 vehicles. The findings place them ahead of its rivals such as;
- Mercedes Benz with 134 issues in every 100 vehicles
- Audi with 124 issues in every 100 vehicles
However, BMW lags behind Lexus with 106 issues in every 100 cars.
That aside, in case your new or CPO BMW needs repairs, it can be expensive to pay out of pocket. The chart below shows BMW average repair costs for 2016 models.
|BMW Model||Repair Component||Estimated Cost|
|BMW 328i||Replacing Trans Oil Cooler Line||$281 to $309|
|2016 BMW 528i||Cylinder head gasket||$2,550 to $3,292|
|BMW 528xi||Replacing Catalytic Converter||$3,027 to $3,119|
|2016 BMW 528i||Water pump||$777 to $894|
|BMW 335i xDrive||Noise Diagnosis||$88 to $111|
|2016 BMW X3 xDrive28i||Air conditioner compressor||$1,726 to $2,109|
|BMW 740Li||Replacing Suspension||$6,235 to $6,335|
|2016 BMW X3 xDrive28i||Starter motor||$503 to $1,275|
|BMW 650i xDrive||Replacing Brake Pads||$513 to $548|
Weighing the BMW extended warranty cost against some of these repair expenses, it makes sense to get an extension of your factory warranty.
Since BMW are costlier to many other car models, the repairs often cost more. As such, it is essential to prepare in advance for the reality of owning a Beamer. While you may afford a used model, it helps to understand how much it will cost to keep the car on the road.
Unlike many other car models, the electrical systems in a BMW model are intricately interconnected. This makes it challenging to quickly diagnose problems, even for highly trained mechanics. It is not uncommon to pay for a repair that never actually fixes the issue. This is why it is vital to work with reputable Extended Car Warranty Companies. They will take their time to provide a proper diagnosis for your car issues. And when the diagnosis does not fix your problem the first time around, they will be happy to have a re-check of the issue without hassles.
What Is The BMW Extended Warranty Cost?
A BMW extended warranty cost will depend on the specific car model and preferred terms of service. You can get that information when you’re negotiating the purchase price of your vehicle with the dealer. BMW allows its dealerships to set independent prices.
Some car owners post their quotes on the brand’s online forums, showing different prices ranging from around $1,000 for the one-year or 25k-mile Powertrain Plus contract to more than $7,000 for the three-year Platinum coverage.
Irrespective of your choice of BMW extended warranty plan, you are still eligible for 24/7 roadside help. Moreover, there is a $50 deductible for any repairs the company covers. You must get all repairs at a certified BMW dealer for your extended warranty claim to be valid.
Benefits of an Extended Vehicle Protection Plan
Supposing your vehicle breaks down and the quote to fix it runs into several thousands of dollars. Without having the cash sitting around, it is best to have protection in the event an unexpected incident occurs on the road. Saving money is merely the start of why you need to get an extended vehicle protection plan. Here are other reasons to consider extending your coverage beyond the original factory contract;
1) Longer Coverage To Drive Longer
Once your factory protection runs out, you are left vulnerable to high costs of repairs. As vehicles age, they become prone to breaking down. So, getting extra protection will keep you driving longer.
2) Customize A Protection Plan To Your Driving Needs
An extended car service contract is not one size fits all. Instead, you will have room for negotiations, and a chance to tailor a plan befitting your driving habits.
3) Cover Your Vehicle Technology
Choosing to extend your car’s warranty will protect many of the technologies in your vehicle, including audio, air conditioning, as well as other vital electrical systems.
5 Tips For Maintaining Your BMW
Being one of the most luxurious models around, BMW are to be adored! However, you cannot do that when the car is always in the auto shop for complex and costly repairs. It is for this reason that you should be keeping up with Beamer regular maintenance.
Here are a few straightforward yet crucial tips to help keep your BMW performing its best:
- Wash your car regularly: It helps keep it free of bird droppings, pollen, salt, and sand. This move preserves your car paint besides ensuring it does not rust or fade prematurely.
- Drive on smooth surfaces: If you can avoid driving your BMW in the snow, don’t drive it. And when you are from regions with harsh winter months, be sure to check for wear and tear on the tires. Remember to keep them well-inflated and rotated.
- Fill-up you’re tank whenever possible: One of the worst things you can do to your BMW is running it low on gas. You do not want to allow debris in the fuel line. This will force you to replace the fuel filter more regularly. You can keep the fuel system clean by ensuring the gas level is constantly more than a quarter of a tank.
- Keep up with scheduled maintenance: Regular maintenance activities such as replacing air filters, oil changes and tire rotations can prevent large repairs. In addition, you can prepare yourself for the large repairs when they are needed.
- Get an extended warranty: This is one of the best options to help with regular car maintenance. You do not have to worry about the BMW extended warranty cost. For the most part, going with affordable monthly payments can make it easier to budget for the repairs. You will always be covered if the repairs come up, in the place of scrambling to raise the funds.
Third Party BMW Extended Warranties
When buying a BMW from a dealership, you get a factory warranty. However, when the warranty runs out, you should decide whether an extended service plan is worth it.
You can get BMW Extended Service Contracts from BMW dealerships or third-party providers. The latter has better pricing and more flexible terms for the extended warranties.
If you choose to go with a third-party BMW extended warranty coverage, you get plenty of car warranty benefits. Further still, choosing a third party company offers more savings and flexibility. For instance, it provides the freedom to work with a different mechanic from the BMW dealership shop.
When working with a third-party car warranty provider, you do not have to choose model parts that are costlier than other brands. Besides, off-brand and aftermarket parts will save you plenty of cash. Yet again, a third party extended warranty provider offers more coverage options and levels. This gives car owners more warranties to select from so to get exactly what they need.
The 5 Best BMW Extended Warranty Providers
In this section, we will address the question of whether or not you need a third-party extended warranty, as well as the things to consider while shopping for one. Besides, we will be picking out the best five providers for you to find. It is rather challenging to review a company that offers extended car service contracts properly. It is nearly impossible to test multiple providers and see how they handle claims, plus how flexible their process is in terms of paying for repairs.
Therefore, our approach to this subject is different. We researched and reviewed a wide variety of coverage plans from various providers. In doing so, we also checked their sample contracts to figure out which companies would be worth your time and money. This information will be useful if you opt for added protection. For accuracy of our top five list, we looked for real user and customer reviews. It helped determine providers with the most positive feedback over a long duration.
CARCHEX is among the most recommended extended warranty providers in the industry. The company is top-rated with numerous satisfied consumers who are happy with their services. Besides, it carries many endorsements and looks highly reputable. CARCHEX comes with an A+ rating from the Better Business Bureau. However, we do not emphasize that since most other third-party providers have the same score.
On top of their overwhelmingly positive reviews, CARCHEX is highly-rated for the following:
- Straightforward and simple quote process
- Comprehensive website detailing most of the company’s offerings unlike other providers
- 24/7 roadside assistance
- Rental cars
- Towing services
- Trip interruption services
- Gas delivery
CARCHEX is among the non-direct third-party providers in the market. It means you are not signing a contract with them directly, but a different company, which provides the warranty. You can reach them for a free quote to know the BMW extended warranty cost for your vehicle.
You can use CARCHEX extended warranties at any accredited repair facility in the country, which includes nationwide stores like Firestone, Goodyear, and Pep Boys, as well as dealerships. The company pays claims made through it directly to the repair shop.
The provider packs a wide selection of plans, including:
Titanium plan is the company’s highest coverage level, which is similar to what you will get with a factory bumper to bumper warranty. All their extended vehicle service contracts are as good as your factory coverage, with a few exemptions that you must observe.
If you need to know what to expect from each level of coverage, here are sample contracts from CARCHEX as well as its third-party companies.
|CARCHEX PLAN||Respective Third-Party Provider|
|Titanium Protection||CARCHEX Care from AAS Titanium|
|American Auto Shield Diamond|
|Royal Administration Services Ultimate|
|CARCHEX Care from AAS Titanium Plus|
|CARCHEX Care from Royal Titanium|
|Platinum Protection||CARCHEX Care by Royal Platinum|
|Royal Administration Services Premium|
|American Auto Shield Platinum|
|Gold Protection||Royal Administration Services Preferred|
|CARCHEX Care by Royal Gold|
|American Auto Shield Deluxe|
|Silver Protection||Royal Administration Services Centennial|
|CARCHEX Care by Royal Silver|
|American Auto Shield Powertrain Plus|
|Bronze Protection||CARCHEX Care from Royal Bronze|
|American Auto Shield Bronze|
Endurance administers most of their plans directly, meaning that you will not be dealing with another provider when you start paying bills. The insurance company is A.M. Best A-rated and comes with benefits such as;
- 24/7 roadside assistance
- 30-day money-back guarantee
- Works with all dealerships or ASE-certified mechanics in the US
Endurance provides four different coverage plan levels, which we list as their sample contracts:
- Select Premiere: The plan comes with deals suitable for protecting vital parts in high-mileage vehicles
- Secure: The most affordable plan among its offerings, which includes different car components you can find in your specific contract
- Superior: The program offers the highest number of added parts coverage
- Supreme: The top of the range level plan, which is similar to the bumper to bumper warranty on a new car
There are no middlemen in its entire process, from quoting to claiming. So, the provider may be more affordable than its competitors because you are not paying commissions on their contracts. Endurance pays all claims upfront for complete repairs. It means there is no waiting for compensation or costly out of pocket payments.
CarShield is the best extended warranty provider for an extensive array of plan options. So, if you are ready to go over a wide variety of plan choices, then consider CarShield. The company’s multiple plan choices include;
- New Car Diamond: Provides total protection for new vehicles
- Platinum: The company’s comprehensive coverage
- Gold: Also known as powertrain plus
- Silver: Similar to a carmaker’s powertrain plan
- High Tech: CarShiled’s specialty coverage plan
- Specialty: Provides other coverage options
You can choose from a variety of sample policies across CarShield coverage layers, giving you an excellent hint of what to anticipate with each of their contracts. Based on the kind of agreement you select, you will receive various benefits, including;
- Courtesy towing
- 24-hour roadside help
- Low to zero deductibles
- Flexible payment options
- Rental car compensations
- Pays claims directly to the repair shops
- Lets you transfer service contracts when selling your car
- Pick from a US or Canadian ASE-accredited repair shop of your choice
The company collaborates with A.M. Best A rated insurance providers like United Car Care and American Auto Shield to offer vehicle service contracts. You will some of their partners in the sample contracts below.
Note that if you opt for a lengthened coverage from CarShield, you should pay close attention to their contract details. With the full scope of choices and deal offerings, it is essential to verify the policy you are buying is one that will make you happy down the road.
|CarShield PLAN||Respective Third-Party Provider|
|New Car Diamond Protection||United Car Care New Car for Florida|
|American Auto Shield New Car Monthly|
|United Car Care New Car|
|American Auto Shield New Car|
|American Auto Shield New Car for Florida|
|Platinum Protection||United Car Care Comprehensive for Florida|
|American Auto Shield Comprehensive Monthly|
|United Car Care Comprehensive|
|American Auto Shield Comprehensive|
|American Auto Shield Comprehensive for Florida|
|Gold Protection||United Car Care Enhanced Power Train for Florida|
|American Auto Shield Enhanced Power Train Monthly|
|United Car Care Enhanced Power Train|
|American Auto Shield Enhanced Power Train|
|American Auto Shield Enhanced Power Train for Florida|
|Silver Protection||United Car Care Power Train for Florida|
|American Auto Shield Power Train Monthly|
|United Car Care Power Train|
|American Auto Shield Power Train|
|American Auto Shield Power Train for Florida|
|High Tech Protection||Auto Shield High Tech Monthly for Florida|
|American Auto Shield High Tech Monthly|
|American Auto Shield High Tech|
|Specialty Protection||Auto Shield Aluminum Monthly|
|American Auto Shield Bronze|
|American Auto Shield Bronze Monthly for Florida|
|American Auto Shield Aluminum|
|American Auto Shield Aluminum Monthly for Florida|
|Auto Shield Bronze Monthly|
4) AA Auto Protection
Like CarShield, this provider comes with a wide selection of contract offerings for customers to consider. However, unlike CarShield, AA Auto Protection collaborates with more providers, giving you a broader choice in the price range. With A-rated companies insuring its plans, AA Auto Protection provides;
- 24/7 roadside help
- 30-day money back guarantee
- Payment plans that easy to qualify
- Vehicle repairs with any ASE-accredited mechanic across the country
Getting an AA Auto Protection plan will need plenty of your time to review their service contracts. It is vital to make sure that you are buying a comprehensive service package covering all your needs.
AA Auto Protection provides plenty of sample plans for viewing. You will see some of them below. Their coverage levels include;
- Premium Stated Component
- Stated Component
- Premium Powertrain Plus
- Premium Powertrain
The wide selection of service contracts from this broker means paying close attention to allowable in each deal. You will also want to know the parts each agreement covers. Moreover, find out the exclusions before deciding the right plan for you.
|AA Auto Protection PLAN||Respective Third-Party Provider|
|Full Coverage Protection||Dealers Alliance Exclusionary|
|NASC Ultimate Wrap|
|United Car Care Platinum|
|DOWC Level 4|
|Royal Protect Ultimate|
|Premium Stated Component Protection||Dealers Alliance Stated|
|Royal Protect Platinum|
|DOWC Level 3|
|United Car Care Diamond|
|Stated Component Protection||DOWC Level 2|
|NASC Car Guard Select Elite|
|Royal Protect Preferred|
|AA Auto Protection Titanium|
|Dealers Alliance Enhanced|
|United Car Care Gold|
|Premium Powertrain Plus Protection||NASC Car Guard Select|
|Dealers Alliance Powertrain Plus|
|Premium Powertrain Protection||Royal Protect Primary Power|
|DOWC Level 1|
5) Protect My Car
Protect My Car comes with the simplest, most straightforward extended vehicle service contracts. The company’s warranties include three distinct plans;
- Driveline: The tier consists of cars between four and ten years of age, with more than 80k miles on the odometer. If you choose this deal, you will get up to five years of extra protection on your BMW, or 125,000 miles from sudden mechanical breakdowns.
- Select: The level of coverage is ideal for cars with over 50,000 miles on the odometer. It is an excellent plan, especially if your BMW slightly falls short of the company’s Supreme contract.
- Supreme: You can opt for the Supreme level of protection if you want something similar to a factory warranty for new cars. The plan is most suitable for vehicles whose owners wish to get extra coverage because they look to keep their cars beyond the carmaker warranty.
Even though Protect My Car plans make it easy for a customer to decide, it also limits you in terms of the options to select. Similar to most options on this list, Protect My Car provides;
- 30-day money-back guarantee
- 24-hour roadside help
- Flexible terms of payment
However, unlike its competition, you’ll have to pay a $100 deductible for its policies before the company takes care of the remaining bills.
Advantages of BMW Extended Warranties
BMW general approach to the extended service contract program is a climax of its provisions. Although it has limited customization options, its program is more valuable in the end since drivers get to choose the level of coverage they want.
For instance, car owners can opt for a plan depending on their vehicle’s condition. Newer cars can benefit from a lower program as older vehicles might go with the higher plans providing extra coverage over the powertrain.
Even though you won’t find maintenance service with any of their three plans, BMW makes it easy to include affordable protection through its Ultimate Care and Ultimate Care+ offers.
Drivers can cover all the factory-recommended scheduled maintenance tasks through their plans’ durations using these programs. However, there are extra payments because this is an additional program for the extended coverage.
While the carmaker extension concept is rather challenging to master and can be potentially misleading, the model behind it is useful for drivers looking to lengthen their original manufacturer contracts. Also, note that their program is not plan-dependent because it automatically adds to the rest of your factory warranty, making it hassle-free.
Irrespective of whom you choose as your provider, BMW extended warranty cost is the primary advantage of picking out a plan that’s perfect for you. Selecting an extended warranty that begins when the dealership warranty runs out provides cover in case your older car has issues. Plenty of the extended warranties out there also provide routine maintenance. This makes it a smarter choice.
While you get to save money on repairs, having the BMW maintenance warranty offers peace of mind. The manageable monthly payments are already factored in your budget. You can, therefore, rest easy knowing you are covered in case something goes wrong.
Among the best perks about extended warranties from third-party companies is that the same can be placed on new or used cars at any time. When working with dealers, you are compelled to purchase the extended car warranty as you purchase the car. If you opt-out at this stage, you cannot purchase the extended warranty later. Third-party coverage, on the other hand, is available when you feel it is necessary.
Best Extended Warranty for BMW
By offering plenty of plans with extra benefits, superior customer service and flexible pricing, extended warranty service providers are there to make certain you get the right cover for your BMW. But there are things to look for in the finest car warranty providers.
Customer service should be at the helm of any service provider you select. Be sure to read BMW extended warranty reviews online and check out ratings of prospective providers. Make sure they are there to assist and not to haggle. To ensure the best cover for your needs, be sure to get a customized quote.
The next important thing is reading up the claim process of all prospective service providers. Besides affordable monthly payments, you will want to ensure the claims process is seamless and easy. You want to avoid being made to wait for claim approval before your car is fixed. It essential that claims are paid directly to the facility that repairs your car. You don’t want to wait for weeks for reimbursements.
Don’t leave out your research or reading the fine print! It is normal to have questions. As such, when you hit a roadblock with a specific service provider because they won’t provide answers to your questions, don’t hesitate to walk away. Any company should be upfront and open about their coverage plans so that you are confident in your decision.
Buying a BMW extended warranty offers one of the most effective ways of protecting your investment. Your Beamer is not just another everyday purchase. It is, therefore, your reliable roadworthy companion deserving the best care you can get.
Frequently Asked Questions
Is a BMW extended warranty worth getting?
How Long Will My BMW Extended Warranty Last?
Does BMW Offer a Certified Pre-Owned Extended Warranty?
Is it possible to extend a warranty for a used BMW?
What should I expect as BMW maintenance or repair costs?
More Information about BMW Extended Warranty
To help you understand the BMW Extended Warranty, here are some resources for you: