BMW Garage BMW Meets Register Today's Posts
BMW 5-Series (G30) Forum 2017+ BMW 5 Series (G30) General Discussions BMW Extended Service Contracts and Ultimate Care

Post Reply
 
Thread Tools Search this Thread
      03-18-2022, 06:04 PM   #1
M1903a3
Private First Class
88
Rep
111
Posts

Drives: 2022 M550i
Join Date: Jul 2021
Location: Virginia

iTrader: (0)

BMW Extended Service Contracts and Ultimate Care

I'll be taking delivery soon on my new M550ix.

I would like to protect myself against high costs in the event of some failures in the future by buying an extended service contract. I would prefer a BMW warranty over a non-factory one, but am interested in hearing the voices of experience.

Also, do some dealers discount the extended warranties? I was able to buy the factory extended warranty on my wife's Pilot at a substantial discount from a dealer in a different state.

If so, can someone recommend sources? PM me.

********

I'm also interested in the Ultimate+ care, but wonder how many miles per year you need to drive to make it cost effective?

Thanks in advance.
Appreciate 0
      03-18-2022, 06:36 PM   #2
BMW012
Major
BMW012's Avatar
1008
Rep
1,176
Posts

Drives: 2023 M550i CBM/Ivory
Join Date: Nov 2021
Location: NJ

iTrader: (0)

Garage List
when did you place the order and how "soon" will you be taking delivery?

waiting on my m550 as well but then the war broke out smh...
Appreciate 0
      03-18-2022, 06:51 PM   #3
2022M550i
Lieutenant Colonel
2022M550i's Avatar
3034
Rep
1,556
Posts

Drives: 2022 M550i, 2015 Viper
Join Date: Feb 2022
Location: CT

iTrader: (0)

There is some good info in this thread. I chose third party because I was able to get 10 year coverage, BMW only covers up to 7. I spoke to several BMW service managers about CNA and they all liked their coverage, ease to work with and duration of their contracts. BMW doesn't negotiate on the price of their contracts. Third party contracts can be negotiated.

https://g30.bimmerpost.com/forums/sh....php?t=1905366
Appreciate 0
      03-18-2022, 08:01 PM   #4
NGT2
Brigadier General
NGT2's Avatar
United_States
5615
Rep
4,543
Posts

Drives: BMW M550i xDrive (2020)
Join Date: Jan 2022
Location: West TN

iTrader: (0)

Garage List
As far as extended warranty, none of them will kick in until your factory warranty is up. You can wait. You think you'll own the car for X number of years, but you never know what might change. When I bought my CPO 540 in December I asked the finance guy if it would be any cheaper to buy the extended warranty then, instead of waiting until just before original CPO warranty ends. He said it's the same and there's no reason not to wait. And this was not the home town dealer and not the dealer that will service the car, so he had no real assurance that I'd come back to them to buy it. Frankly, in his interest, he should've sold it on the spot. But he didn't, which I appreciate.
__________________
2020 M550i xDrive (Champagne Quartz/Black)
2021 X7 40i M-Sport (Arctic Gray/Tartufo)

RETIRED: 2018 540i Luxury Line (Dark Graphite/Canberra Beige)
Appreciate 0
      03-19-2022, 01:16 PM   #5
M1903a3
Private First Class
88
Rep
111
Posts

Drives: 2022 M550i
Join Date: Jul 2021
Location: Virginia

iTrader: (0)

Quote:
Originally Posted by BMW012 View Post
when did you place the order and how "soon" will you be taking delivery?

waiting on my m550 as well but then the war broke out smh...
Ordered 28 Sept 2021
It's at the Baltimore VPC now, so delivery should be soon.
Appreciate 0
      03-19-2022, 03:00 PM   #6
PPMKING
Private
69
Rep
91
Posts

Drives: 2018 BMW M550i
Join Date: Feb 2022
Location: NJ

iTrader: (0)

No need to even think about warranty yet at this stage since you got 4yr/50k miles factory warranty. Probably start the search closer to the expiration of warranty.
Appreciate 1
NGT25614.50
      03-20-2022, 08:58 AM   #7
2022M550i
Lieutenant Colonel
2022M550i's Avatar
3034
Rep
1,556
Posts

Drives: 2022 M550i, 2015 Viper
Join Date: Feb 2022
Location: CT

iTrader: (0)

You certainly can wait, but the way everything is going up in price these days, it may be less expensive to pursue something sooner than later.
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 06:00 AM.




5post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST