BMW! So far, none other car can beat its super qualities. The Ultimate driving machine which is more than 34 years old has come up a long way. As you are a part of this profound BMW generation, you must be keen on its wants. To continue your life with the BMW, you will need some special requirements such as warranties. Possession of a BMW Extended Warranty is beneficial. Do you why is that? There is a 7 year warranty period for your BMW car.
What is a BMW Extended Warranty?
A BMW Extended Warranty is a service contract which keeps your money in the pocket without paying for the costly bills. The warranty begins when your factory or manufacturer warranty expires. You might have spent up to $35000 if you are an owner of a BMW. Normally the annual cost to repair a BMW is $968. This warranty helps immensely to offset expensive repairs. Anyhow if the warranty is covered with more components and systems the cost is higher. But the monthly payment does not disturb your mind, it will give you a sense of peacefulness. At the same time, it will cost you around $1000 to $1500 if you buy the extended warranty from a manufacturer
Difference between the Extended Warranty and Factory Warranty
You will get a Factory warranty when you buy a BMW from a dealership. So, once the factory warranty becomes expired you can buy an extended warranty. In North America and several other third party companies, they offer this Extended Warranty.
BMW Extended Warranty information
The BMW Extended Warranty is a Service Contract. The warranty period consists up to 7 years. All the repairs are done by the BMW technicians by making use of the BMW replacement parts. There are 3 kinds of vehicle protection plan options such as Platinum, Gold and Powertrain Plus. Most probably the Platinum is the best. The Platinum Coverage Options include used, new and CPO BMW’s, final drive assembly, cooling system, electrical, steering, induction system, brakes and ABS, heat and A/C infotainment system, exterior and interior coverage.
The BMW Extended Warranty also consists with the drivetrain warranty. It includes a transmission, axle, drive shafts and the wheels. But it does not include the engine.
Generally, the warranty covers a bumper to bumper protection which lasts for 4 years or 50000 miles. It is also known as exclusionary or comprehensive coverage, it includes the repairs for the mechanical breakdowns due to workmanships or faulty materials.
When considering about the Corrosion warranty, it covers damage to the sheet metal due to collision and rust. Moreover the BMW warranty covers tear and wear warranty, such as upholstery and brake pads, if the damage is due to the manufacturing defect or material. Tires are not included which are covered by the manufacturer of the tires.
The other type of warranty is the Federal emission warranty, it offers the coverage for emission related parts for 24000 miles or 2 years. But a very few items are covered for 80000 miles or 8 years. In addition to that, there are some additional items such as wheel balancing, wheel alignment and wiper blade inserts are covered to the 2000 miles.
How much will it take to repair a BMW?
Basically, there is a concept that most of the luxurious cars comes with expensive repairs. Yes, that is true. BMW is the same. These are some of the common repairs a BMW faces.
Occurrence of oil leaks. This is caused by leaky valve gasket cover. It might cost $300 to $600 to replace this part. Leaking oil is a serious problem, you cannot neglect it. As soon as you see an oil leak, you must make measures to repair it. The replace of the heat fan and the air conditioning is also very important. So, once a trouble occurs in this air conditioner you must repair it. It will definitely cost around $400 or sometimes more than that.
The other problem is with the engine cooling system or the low coolant light turns on. So for this issue you have to add more coolants. But this can cause a water back pump leak. This costs around $900. The other replacement is the wheel hub assembly.
When travelling if you hear a rumbling noise when turning or driving or else if your wheel bearings are worn down, you will definitely have to replace by spending an amount of $200 to $600.Mostly the parts of the BMW are interconnected, so it is very difficult to diagnose the issues.
Measures to take care of your BMW
Make it a habit to look after your BMW constantly. Wash the outside of your BMW regularly, do not run low on gasoline, keep regular maintenance items, always be careful where and when you drive and do not forget to get an extended warranty.