For all 2017 model year vehicles, BMW offers a good BMW Extended warranty. With BMW Ultimate Care, which provides scheduled services (including even oil changes, brake fluid changes and spark plug changes) for up to 3 years/36,000 miles, whichever comes first. But even after that, the car is still covered by the BMW new car warranty, which is for the first 4 years/50,000 miles, whichever comes first. All new BMWs also get an Unlimited-Mileage Roadside Assistance.
But what happens when that warranty ends? Well, luckily for you, there are a few things you can do when your warranty runs out and we’re going to tell you about some of them.
Extended Warranty
One of the more proactive things you can do is purchase yourself a BMW extended warranty. Now, an extended warranty is exactly as it sounds, it’s an extension of the original warranty. One can be purchased from the dealer or one can be had from a third-party company. You certainly need to do your research before and make sure you pick the one that covers the most. If you want to keep your car for years after its warranty expires and want the peace of mind of having a warranty, it will be worth it. Here is a company that many have used in the past, which also offers free quotes: Carchex
Plan Ahead of Time
All cars break, regardless of brand or country of origin, so you can expect your car to go wrong at some point in its life. Whether it’s something cheap or expensive, you can count on a car having some issues after its warranty. So be sure to have some money set aside for any issues that may arise. Whatever you can spare, just put some money in a piggy bank and keep it for any problems that might occur. Don’t wait until the warranty runs out to fill that piggy bank, start preparing for issues before that, so when something does happen, you are prepared and ready.
Get Some Tools
No everyone knows how to wrench on cars and that’s fine. Not everyone wants to, as it can be a real pain in the ass. For people who don’t like to work on their own cars, the previous two options are better. However, for people who might want to fix things themselves, it really is the best option. Reason being is that both dealerships and repair shops will pull your pants down over the price of any repair. They need to make a profit on the parts, so they charge far more for them than you can get on your own, and they need to charge you labor, which is usually the most expensive part. But, if you have the patience and willingness, parts can be found online for cheaper than any shop or dealer will sell them for and you can have your car repaired without paying for labor. All you have to waste is some of your time. Plus, with things like Bentley manuals and online tutorials, there’s basically no job you can’t learn. There’s also the fact that it’s incredibly rewarding to drive a car that you fixed yourself. I creates a great connection between man and machine.
So…how many of us keep our cars after the warranty expires? I personally know quite a few people who would sell theirs off and get a new car for fear of major repair bills later on in life.
It seems if these people are always selling their cars once out of warranty, wouldn’t be more financially beneficial to lease their cars?
I kept my 2007 335i for 80K miles. Fortunately I paid $3300 for an extended (6year/100K miles) warranty when I bought the car. There were multiple out of factory warranty issues, amounting to over $7000 in dealer work. I would not own one without a warranty…
If you’re too poor to lease a new car, you shouldn’t get a BMW.
BMW’s not giving me a choice. They don’t offer the manual transmission with the 4-cylinder here anymore. I don’t want a 6 for city driving.
Why do you want a stick for city driving?!
Because I want to? Plus it’s more about the short drives rather than constant stop and go in my area.
Envious!
I purchased a 2014 BMW X5 35D brand new. Today is 9/25/2019 and the vehicle has 117,000 miles with impeccable service records. All BMW recommended services have been completed (at great personal expense). Unfortunately, this car has had major issues. The drivetrain is currently malfunctioning and is at the dealership waiting for a part which will be a $3,000 repair when ready. BMW Corporation will not participate financially with the repair except to profit from the $1800 part. I totally understand the the car is out of warranty but I expected the engine and drivetrain to last at least 150,000 miles. This $70,000 X5 is my 4th BMW and a complete reliability disappointment. BMW Corporation is a personal disappointment as they do not stand by their products of corporate philosophies.
Jon