11-26-2022, 05:49 AM | #1 |
Major General
7452
Rep 6,829
Posts
Drives: '18 M550i|'21 X5|'03 540i
Join Date: Apr 2021
Location: Boston
iTrader: (1)
Garage List 2013 VW Tiguan [0.00]
2015 Infiniti QX60 [0.00] 2021 BMW X5 [0.00] 2003 BMW 540i [0.00] 2018 BMW M550 [10.00] |
Pulling the trigger on an extended warranty
After much procrastination, research and comparison between BMW offerings and aftermarket, I'm going to take a shot on the Route 66 warranty. It's exclusionary and covers the car for 7 years or 120k miles. It pretty much excludes nothing. It's $3,000. The low cost had me the most concerned. Too good to be true thing.
I spoke with my shop this week when having an oil change. First thing he asked me was am I going to keep the car to 100k miles. Although that is a crapshoot because I am so compulsive, I made the decision that I will. Especially with V8's being phased out. He said for the money, it's worth a shot. He mentioned even parts like control arms and bushings are covered and I'll get my money back on that alone. He also said he's very good at pushing maintenance items to be covered. We shall see. I've heard great things and horrible things about Route 66, but really none from actual BMW owners with it. I've put so much money into this car with modifications that I feel it would be stupid not to keep it and with that, have some piece of mind. I hope it plays out that way. I know a lot of people have either followed my decision making process and research, so I'm posting this to let those who want to know what I ended up doing. Still seems to good to be true given some of the other $10,000 quotes I got, but hey, what's another $3,000. PFA, happy to answer any questions.
__________________
2018 M550ix|Carbon Black|Dinan Modifications|2003 540i|Jet Black|M-Sport|2021 X5 Mineral White
Prior BMW's: 1987 325e|1993 740i|1998 740il|2001 530i|2002 745li|2007 750li|2006 750li|2001 530i|2012 535xi| |
11-26-2022, 05:57 AM | #2 |
Private
83
Rep 61
Posts
Drives: BMW G30 2018
Join Date: May 2022
Location: Bengaluru
|
Hey Joe, check this out
https://g30.bimmerpost.com/forums/sh....php?t=1970498 I think this will make you happy |
Appreciate
0
|
11-26-2022, 07:38 AM | #3 | |
Major General
7452
Rep 6,829
Posts
Drives: '18 M550i|'21 X5|'03 540i
Join Date: Apr 2021
Location: Boston
iTrader: (1)
Garage List 2013 VW Tiguan [0.00]
2015 Infiniti QX60 [0.00] 2021 BMW X5 [0.00] 2003 BMW 540i [0.00] 2018 BMW M550 [10.00] |
Quote:
__________________
2018 M550ix|Carbon Black|Dinan Modifications|2003 540i|Jet Black|M-Sport|2021 X5 Mineral White
Prior BMW's: 1987 325e|1993 740i|1998 740il|2001 530i|2002 745li|2007 750li|2006 750li|2001 530i|2012 535xi| |
|
Appreciate
0
|
11-26-2022, 09:54 AM | #5 |
Colonel
2027
Rep 2,951
Posts
Drives: 2020 BMW 530xe
Join Date: Jul 2019
Location: Farmington, NY
|
I’ve only heard good things about Route 66. I skipped them as they said they wouldn’t cover my PHEV which is a shame.
I trust you’ll keep us posted on your experiences with them positive or negative claims wise. |
11-26-2022, 09:54 AM | #6 |
Major General
7452
Rep 6,829
Posts
Drives: '18 M550i|'21 X5|'03 540i
Join Date: Apr 2021
Location: Boston
iTrader: (1)
Garage List 2013 VW Tiguan [0.00]
2015 Infiniti QX60 [0.00] 2021 BMW X5 [0.00] 2003 BMW 540i [0.00] 2018 BMW M550 [10.00] |
Aftermarket is better for that. You can bring it anywhere.
__________________
2018 M550ix|Carbon Black|Dinan Modifications|2003 540i|Jet Black|M-Sport|2021 X5 Mineral White
Prior BMW's: 1987 325e|1993 740i|1998 740il|2001 530i|2002 745li|2007 750li|2006 750li|2001 530i|2012 535xi| |
Appreciate
0
|
11-26-2022, 09:56 AM | #7 |
Major General
7452
Rep 6,829
Posts
Drives: '18 M550i|'21 X5|'03 540i
Join Date: Apr 2021
Location: Boston
iTrader: (1)
Garage List 2013 VW Tiguan [0.00]
2015 Infiniti QX60 [0.00] 2021 BMW X5 [0.00] 2003 BMW 540i [0.00] 2018 BMW M550 [10.00] |
Thanks and I sure will.
__________________
2018 M550ix|Carbon Black|Dinan Modifications|2003 540i|Jet Black|M-Sport|2021 X5 Mineral White
Prior BMW's: 1987 325e|1993 740i|1998 740il|2001 530i|2002 745li|2007 750li|2006 750li|2001 530i|2012 535xi| |
Appreciate
0
|
11-26-2022, 10:35 AM | #8 |
Meat Man
3511
Rep 2,385
Posts |
Keep us updated. There's so many different options out there and it seems as if all of them have their outs not to pay a claim with their exclusionary list.
__________________
“ Also, pretty sure mine came with AS tires from factory, so has 130 mph speed limiter. Seems like taking viagra with your dick duct taped to your leg.”
|
11-26-2022, 02:37 PM | #11 |
Major General
5527
Rep 5,440
Posts
Drives: Beige G31 40ix m sport
Join Date: Feb 2016
Location: Kent, The Garden of England
|
I’ll be making enquiries on further extending my bmw warranty as it expires January, will most likely give them a call on Monday
__________________
G31 40ix M Sport
E92 335i. E36 328is coupe E39 540i V8 6SP manual E34 3.6 M5. E34 525i sport. VW Jetta Mk2 GTI 16v. 1679cc 1967 resto-cal beetle |
Appreciate
1
Joe-BMW337452.00 |
11-26-2022, 05:10 PM | #12 |
Brigadier General
5718
Rep 4,648
Posts
Drives: BMW M550i xDrive (2020)
Join Date: Jan 2022
Location: West TN
|
Thanks for the update! I've been following along, since I'm a year behind you on my CPO coverage.
As others have asked, I'd be interested to know who you bought it through and if there's any refund period. The extended warranty on my previous Tahoe almost paid for itself in about 18 months with a new touchscreen/infotainment and a new thermostat. And I was still refunded a portion upon trading it in.
__________________
2020 M550i xDrive (Champagne Quartz/Black)
2021 X7 40i M-Sport (Arctic Gray/Tartufo) RETIRED: 2018 540i Luxury Line (Dark Graphite/Canberra Beige) |
Appreciate
1
Joe-BMW337452.00 |
11-26-2022, 05:27 PM | #13 |
Brigadier General
3086
Rep 4,210
Posts |
I am surprised. Conceptually, you have both an engine and motor so more complexity; but on the other hand, recent studies have said that PHEVs are the most reliable cars.
|
Appreciate
0
|
11-26-2022, 07:31 PM | #14 |
Major General
7452
Rep 6,829
Posts
Drives: '18 M550i|'21 X5|'03 540i
Join Date: Apr 2021
Location: Boston
iTrader: (1)
Garage List 2013 VW Tiguan [0.00]
2015 Infiniti QX60 [0.00] 2021 BMW X5 [0.00] 2003 BMW 540i [0.00] 2018 BMW M550 [10.00] |
Yes, it's only offered through banks and maybe dealers, but yeah, I got it from Hanscom Federal Credit Union.
__________________
2018 M550ix|Carbon Black|Dinan Modifications|2003 540i|Jet Black|M-Sport|2021 X5 Mineral White
Prior BMW's: 1987 325e|1993 740i|1998 740il|2001 530i|2002 745li|2007 750li|2006 750li|2001 530i|2012 535xi| |
Appreciate
0
|
11-26-2022, 07:33 PM | #15 | ||
Major General
7452
Rep 6,829
Posts
Drives: '18 M550i|'21 X5|'03 540i
Join Date: Apr 2021
Location: Boston
iTrader: (1)
Garage List 2013 VW Tiguan [0.00]
2015 Infiniti QX60 [0.00] 2021 BMW X5 [0.00] 2003 BMW 540i [0.00] 2018 BMW M550 [10.00] |
Quote:
__________________
2018 M550ix|Carbon Black|Dinan Modifications|2003 540i|Jet Black|M-Sport|2021 X5 Mineral White
Prior BMW's: 1987 325e|1993 740i|1998 740il|2001 530i|2002 745li|2007 750li|2006 750li|2001 530i|2012 535xi| |
||
Appreciate
0
|
11-26-2022, 07:39 PM | #16 | |
Major General
7452
Rep 6,829
Posts
Drives: '18 M550i|'21 X5|'03 540i
Join Date: Apr 2021
Location: Boston
iTrader: (1)
Garage List 2013 VW Tiguan [0.00]
2015 Infiniti QX60 [0.00] 2021 BMW X5 [0.00] 2003 BMW 540i [0.00] 2018 BMW M550 [10.00] |
Quote:
__________________
2018 M550ix|Carbon Black|Dinan Modifications|2003 540i|Jet Black|M-Sport|2021 X5 Mineral White
Prior BMW's: 1987 325e|1993 740i|1998 740il|2001 530i|2002 745li|2007 750li|2006 750li|2001 530i|2012 535xi| |
|
Appreciate
1
NGT25718.00 |
11-26-2022, 07:52 PM | #17 |
Brigadier General
5718
Rep 4,648
Posts
Drives: BMW M550i xDrive (2020)
Join Date: Jan 2022
Location: West TN
|
Nice that it's transferable too. If you sell private party, there is some value there.
$3,000 is very attractive. Worth opening a checking account somewhere if your current bank doesn't offer it, hypothetically.
__________________
2020 M550i xDrive (Champagne Quartz/Black)
2021 X7 40i M-Sport (Arctic Gray/Tartufo) RETIRED: 2018 540i Luxury Line (Dark Graphite/Canberra Beige) |
Appreciate
2
Joe-BMW337452.00 HerkHealer1729.50 |
11-26-2022, 11:13 PM | #18 | ||
Colonel
2027
Rep 2,951
Posts
Drives: 2020 BMW 530xe
Join Date: Jul 2019
Location: Farmington, NY
|
Quote:
I opted to for the BMW coverage instead... Not really for the power train stuff, but for the electronics. Like the one I see pop up every so often on the forum where the iDrive HDD unit fails and BMW wants $5K to replace the head unit for it... Among other expensive little minefields. Quote:
Also better than the BMW ESC where they offer no refunds, including in the case of a total loss, unless you purchase it in CA where they are legally required to offer refunds in both total loss and prorated cases. I'll be closely watching your claims updates as it will be valuable in my next extended warranty purchase, but I also hope you don't have a ton of claims! Last edited by LogicalApex; 11-26-2022 at 11:22 PM.. Reason: Responded to another post. |
||
11-27-2022, 07:55 PM | #19 | |
drive to survive
87
Rep 444
Posts |
Quote:
|
|
11-28-2022, 03:03 PM | #20 |
Major General
7452
Rep 6,829
Posts
Drives: '18 M550i|'21 X5|'03 540i
Join Date: Apr 2021
Location: Boston
iTrader: (1)
Garage List 2013 VW Tiguan [0.00]
2015 Infiniti QX60 [0.00] 2021 BMW X5 [0.00] 2003 BMW 540i [0.00] 2018 BMW M550 [10.00] |
The numbers I posted were quoted a few months ago. I just told them I was coming down to pay and the cost went down to $2,600! Even easier decision.
__________________
2018 M550ix|Carbon Black|Dinan Modifications|2003 540i|Jet Black|M-Sport|2021 X5 Mineral White
Prior BMW's: 1987 325e|1993 740i|1998 740il|2001 530i|2002 745li|2007 750li|2006 750li|2001 530i|2012 535xi| |
Appreciate
2
NGT25718.00 LogicalApex2027.00 |
11-28-2022, 04:49 PM | #21 |
Brigadier General
5718
Rep 4,648
Posts
Drives: BMW M550i xDrive (2020)
Join Date: Jan 2022
Location: West TN
|
Hell yeah! So basically you'll get 2 years out of it, right?
__________________
2020 M550i xDrive (Champagne Quartz/Black)
2021 X7 40i M-Sport (Arctic Gray/Tartufo) RETIRED: 2018 540i Luxury Line (Dark Graphite/Canberra Beige) |
Appreciate
1
Joe-BMW337452.00 |
11-29-2022, 01:53 AM | #22 |
Major General
7452
Rep 6,829
Posts
Drives: '18 M550i|'21 X5|'03 540i
Join Date: Apr 2021
Location: Boston
iTrader: (1)
Garage List 2013 VW Tiguan [0.00]
2015 Infiniti QX60 [0.00] 2021 BMW X5 [0.00] 2003 BMW 540i [0.00] 2018 BMW M550 [10.00] |
Seven years or 120k miles. I'm going to try and keep this car a while. The amount of time I keep it will really come down to garage space.
__________________
2018 M550ix|Carbon Black|Dinan Modifications|2003 540i|Jet Black|M-Sport|2021 X5 Mineral White
Prior BMW's: 1987 325e|1993 740i|1998 740il|2001 530i|2002 745li|2007 750li|2006 750li|2001 530i|2012 535xi| |
Appreciate
0
|
Post Reply |
Bookmarks |
|
|