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      12-13-2017, 09:18 AM   #1
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Extended warranty -- Need to buy for 2014 X5

My wife's X5 is almost out of warranty. It has been a great car so she's decided to keep another year or two.

She went to the local dealer and they quickly quoted her $5k - $8k for 2 more years. Seems insane.

Where is the best extended warranty right now?

FYI her X5 is a 2014 Xdrive 3.0 with 32,000 miles on it.

Thanks!
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      12-13-2017, 09:57 AM   #2
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Are you open to buying a 3rd party warranty? Some forum members have had good luck with CNA - contact PAX5 who has experience with claims or member jiggz who recently bought it for his E70.
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      12-13-2017, 10:52 AM   #3
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Originally Posted by bmwx5er View Post
Are you open to buying a 3rd party warranty? Some forum members have had good luck with CNA - contact PAX5 who has experience with claims or member jiggz who recently bought it for his E70.
Would prefer keeping it with BMW and would pay a bit of premium but what they are asking is ridiculous. $1150 for maintenance only in the first year. (5th year of car at 32k miles) -- that's an expensive oil change!!
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      12-13-2017, 10:55 AM   #4
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I'm in the same boat, OP. I'm at 46,500 miles and the wife said she wants to keep it as opposed to us trading it in for a 2016 or 2017. Realize that you can buy the warranty from any dealership in the US, so you can absolutely shop around.

Who do you talk to? The finance director on the used car side?
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      12-13-2017, 11:23 AM   #5
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Originally Posted by P1et View Post
I'm in the same boat, OP. I'm at 46,500 miles and the wife said she wants to keep it as opposed to us trading it in for a 2016 or 2017. Realize that you can buy the warranty from any dealership in the US, so you can absolutely shop around.

Who do you talk to? The finance director on the used car side?
I believe you can talk to the sales side and the service side. They seem to be run as separate businesses these days.

Just starting the process so will let you know how it goes but our first attempt with the sales side was a complete joke. But.... they want to deter you from extending and buy a new car.
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      12-13-2017, 11:35 AM   #6
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I am looking now, I have 2014 X5 s drive. I have been quoted $6400 for 3 year extended platinum plan and extended maintenance 3 years $3600.
I have contacted two other dealers and both said to e-mail my information and they would get back to me.
I have decided even that I love this car but, I am going to look around at different brands.
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      12-13-2017, 02:45 PM   #7
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Is the warranty through the dealer actually via BMW?
When we had our XC90 and purchased through the Volvo dealership, it was still third-party (National Warranty in our case). I didn't think any manufacturer offered extended factory warranties.
Def good to know if that's changed.
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      12-13-2017, 02:45 PM   #8
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Quote:
Originally Posted by we zoom View Post
I am looking now, I have 2014 X5 s drive. I have been quoted $6400 for 3 year extended platinum plan and extended maintenance 3 years $3600.
I have contacted two other dealers and both said to e-mail my information and they would get back to me.
I have decided even that I love this car but, I am going to look around at different brands.
See, I already have the extended maintenance until 100,000 miles. But $6,400 for an extended warranty is a tough pill to swallow. Do you know how much the Gold warranty plan was?
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      12-13-2017, 03:12 PM   #9
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Extended warranty=waste of money. Take that $ and put it in the cookie jar to use for repairs that would have been covered under the extended warranty, bet you'll be money ahead. Extended maintenance contract, which I purchased for $2800 for a total of 7years/125K miles I feel is a value, if you keep the vehicle. I just turned 70K on mine and plan on taking it to 200K like I did on my trouble free 2004 4.4
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      12-13-2017, 04:04 PM   #10
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Originally Posted by puckybadger View Post
Extended warranty=waste of money. Take that $ and put it in the cookie jar to use for repairs that would have been covered under the extended warranty, bet you'll be money ahead. Extended maintenance contract, which I purchased for $2800 for a total of 7years/125K miles I feel is a value, if you keep the vehicle. I just turned 70K on mine and plan on taking it to 200K like I did on my trouble free 2004 4.4
It's definitely a gamble. But don't you get your money back in a pro-rated fashion if you end up getting rid of your X5 before you've used up all your extended warranty?

I know it only takes one large issues, for example with the sunroof, for you to be out thousands of dollars. Add one more issue on top of that, for example the A/C, and it's time to dump it.

I have two options: get the extended warranty and keep the car until the warranty runs out, or sell the car now and trade it in for another SUV. I have roughly 3,500 miles to think about that.
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      12-13-2017, 05:30 PM   #11
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BMW Canada, as per July no longer offers the 3 yr warranty. MRSP 1 yr $3600, 2yr $10,000. I have simply traded in for new MY based on my math with various rebates and other factors.
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      12-13-2017, 06:54 PM   #12
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BMW Canada, as per July no longer offers the 3 yr warranty. MRSP 1 yr $3600, 2yr $10,000. I have simply traded in for new MY based on my math with various rebates and other factors.
OK, so they really de-incentivize you to extend the warranty...
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      12-14-2017, 04:13 PM   #13
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so it sounds like the consensus is to put a few thousand $ in the bank just in case and all should be fine. She only has 32k miles with no major issues.
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      12-14-2017, 05:11 PM   #14
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I'm on the same boat and just went to the dealer today for the quotations.
They offered platinum 2 yrs, upto 75k miles for $4,700, gold for $4,300. For the $400 difference, platinum is a no brainer.
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      12-14-2017, 05:47 PM   #15
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What's special about a BMW extended warranty? There are good 3rd party warranties that give you comparable coverage for nearly half the cost..
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      12-14-2017, 06:26 PM   #16
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FWIW, I paid $3414 for a 72 months /100,000 mile extended warranty from Fidelity Warranty Services when I got my used 50i with 8k miles on it. $100 deductible, platinum coverage. Dealer sold it to me, they said it was cheaper getting it at the time of purchase, which it looks like it, but there's the inherit risk of totaling the car so you never get to use it.
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      12-15-2017, 02:05 AM   #17
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Quote:
Originally Posted by avi8tir View Post
so it sounds like the consensus is to put a few thousand $ in the bank just in case and all should be fine. She only has 32k miles with no major issues.
i've got a 2014 with over 90k, and a warranty is of no concern to me. especially considering i have the 6 cylinder gas engine, which is the most reliable of the engines.
i've had many other bmws go over 100k easy with nothing major go wrong.
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      12-15-2017, 06:30 AM   #18
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I was quoted 5k for 1 year on my 2014 40d which i thought was scandalous. So rolled in into a new one instead, much better value methinks
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      12-15-2017, 10:43 AM   #19
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I had a 3rd party extended warranty on my last BMW (135i). I worked out great for me. It almost paid for itself in the repairs I had to have done and I was able to use it as a selling point when I sold the car since it was transferable. I got it through the dealer when I purchased the car.

I would not suggest owning a BMW without a warranty...you hear lots of horror stories about small things being $$$.

You could check with your bank or CU if you still have a loan on it, they might offer a 3rd party option.
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      12-15-2017, 10:50 AM   #20
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Quote:
Originally Posted by Winn View Post
FWIW, I paid $3414 for a 72 months /100,000 mile extended warranty from Fidelity Warranty Services when I got my used 50i with 8k miles on it. $100 deductible, platinum coverage. Dealer sold it to me, they said it was cheaper getting it at the time of purchase, which it looks like it, but there's the inherit risk of totaling the car so you never get to use it.
I am reading some reviews on Fidelity and they are horrendous.
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      12-15-2017, 10:50 AM   #21
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Originally Posted by bmwx5er View Post
What's special about a BMW extended warranty? There are good 3rd party warranties that give you comparable coverage for nearly half the cost..
The BMW warranty is the most expensive, but has the lowest risk of being denied coverage.
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      12-16-2017, 09:33 AM   #22
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Quote:
Originally Posted by P1et View Post
I am reading some reviews on Fidelity and they are horrendous.
My SA told me they work with them a lot...no issues getting claims paid. I have no worries when/if the time arises.
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