Car warranties offer peace of mind and financial security against unexpected repair bills. But what happens when your BMW’s warranty is about to expire? It’s a question that every BMW owner faces, and the answer could affect your experience as a car owner.
Use this post to guide you through the options available to extend your BMW’s warranty, and to help you make a decision that is best for your car and your money.
BMW Car Warranties: A Brief Overview
Before we get into extensions, let’s go over what BMW’s standard warranties normally include. New BMWs come with a 4-year/80,000-kilometre limited warranty that covers repairs. These repairs could be caused by the materials or manufacturing. This standard offering also includes a 12-year/unlimited mile rust perforation warranty and an emissions system warranty. That means the repairs are covered if your car rusts or if the damage causes your car to cough up more pollution into the air.
Extending Your BMW’s Warranty: What’s Available?
To extend the warranty on your BMW beyond the original offer, there are a few options available:
- BMW Extended Warranty Programs
BMW offers extended protection plans for cars under their original factory warranty. These programs provide coverage for up to 7 years or 160,000 km — whichever comes first! The BMW extended warranty can also be included in your car loan, or bought separately.
- Third-Party Extended Warranty Providers
You also have the option to buy extended warranties from a third party company. These companies offer a lot of warranty options, and sometimes their warranties are more flexible than what is offered by the manufacturer!
- Certified Pre-Owned BMWs
When buying a CPO BMW, you’re not just getting a high-quality, late-model BMW with an in-depth repair log; you’re also getting a warranty. These warranties provide coverage that can compete with some new car warranties, making CPOs a better choice for many BMW lovers.
What Should You Consider Before Extending?
Unexpected repairs can be stressful and expensive, which is why many BMW drivers benefit from a warranty extension. They make pricey repairs cheaper! However, it’s important to consider a few things before getting an extension:
- Cost Analysis
The upfront cost of your warranty extension is important to remember. Have a look at your budget and compare the upfront cost against any repairs that could pop up in the future.
- Coverage Limits
Make sure you know exactly what’s covered under an extended warranty. Some plans may not offer coverage for certain car or engine parts, or you’d have to meet specific conditions to qualify for repairs.
- Additional Services
BMW and third-party warranties may also offer perks like roadside assistance, towing, and rental car coverage. These extra benefits could make you choose one provider over another.
By considering these factors and comparing the options available to you, you’ll be able to decide how to extend the life of your BMW’s warranty. Get in touch with Warranty Finder to discuss your options.