01-25-2020, 03:08 PM | #1 |
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Extended warranty worth? 2015 M4
Hey guys, first time M owner here! Finally got my dream car after losing my E90 in a crash. Just looking for opinions I guess on whether the extended warranty would be worth it based of known/usual issues. CPO runs out this coming week and I was provided a quote from bmw. Extending the cpo is a hard no for me. Not worth it but their third party MAP (Motorist Assist Plan) is decently priced. Below was my quote. Any opinions or advice would be greatly appreciated! The car has been maintained well and only and O2 sensor fail in the past. Everything else perfect and at 44k miles. No mods or plans to mod this other than cosmetics.
BMW Extended warranty WRAP: (hard no) $5200 covered till 01/29/2021 $7000 covered 01/29/2022 MAP (Motorist Assist Plan) 3 more years/42k miles - $5880 Covered till 2023 4 more years/50k miles - $6000 4 more years/60k miles - $6200 Covered till 2024 |
01-26-2020, 08:13 PM | #2 | |
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Your call... |
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01-26-2020, 08:17 PM | #3 | |
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I did the four year/60k miles top of the line for $4200, can't believe they want basically 50% more now for the same plan less than a year later!! :O $4200 was hard for me to swallow, so I don't think there's anyway I would have paid $6200. That's a ton of money! Good luck with whatever you decide. |
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01-26-2020, 08:18 PM | #4 |
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For sure, that's a given. Just looking for those familiar either with MAP if they're any good in terms of customer service or claims?
And anyone who is familiar with what issues these cars commonly have that I could come to face and if these prices are ridiculous for what repairs may come. |
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01-26-2020, 08:20 PM | #5 | ||
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$6k is a lot to put down. Which is why I'm iffy on taking the gamble or just paying it. Not entirely knowledgeable on how solid these engines are or the common issues that come up. Completely different animal than my E90 lol |
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01-26-2020, 08:27 PM | #6 |
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I’d get rid of the car before paying $6K - $7K.
There is another thread with warranty information around. Try fdwarranty.com. Troy doesn’t sell BMW-branded warranties but he does sell Fidelity warranties that cover BMWs. I’ve had a good experience with them for my wife’s Q5 and have used it quite a bit. Fidelity does seem to send out an inspector for every claim but haven’t pushed back on anything to date.
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