Advice needed

AndyG · 11-30-2011, 08:07 PM

Good day, gentlemen:

I am, or soon will be, the owner of a BMW X3 2005 2.5i with a six-gear manual transmission. It has 115,000 km on the odometer and, just barely, qualifies for an extended warranty.

The warranty would add major component and whatnot protection up to 200,000 km and / or another four years.

The warranty adds $3100 to the sticker. I generally really take care of my possessions. I can live without the extended warranty but since I've never owned a car under warranty but since I'm being offered one I have provisionally said yes.

Opinions?

It'll be inspected by both CAA and a local BMW dealership prior to possession, and my car is taken care of by an actual BMW mechanic who never works on anything but BMWs.

I know that this question is fundamentally one about risk tolerance. I'm very risk tolerant but what's derailing me is that I've never owned a car this new so I don't really know how to react.

Andy

johndeeveer · 12-01-2011, 08:32 PM

would say take that risk if you have other spendings with that extra money.
It always is a risk but life is the biggest one...

No risk, no fun....

Markap · 12-20-2011, 05:45 PM

Shop around for the warranty. I bought on on the wife's Volvo c70 hardtop convertible for around $2600. I think it was warrantydirect.com or something close to that.

11-30-2011, 08:07 PM	#1
AndyG New Member 7 Rep 9 Posts Drives: X3 2005 2.5i Manual Join Date: Nov 2011 Location: Montréal iTrader: (0)	Advice needed - Extended warranty on an 05? Good day, gentlemen: I am, or soon will be, the owner of a BMW X3 2005 2.5i with a six-gear manual transmission. It has 115,000 km on the odometer and, just barely, qualifies for an extended warranty. The warranty would add major component and whatnot protection up to 200,000 km and / or another four years. The warranty adds $3100 to the sticker. I generally really take care of my possessions. I can live without the extended warranty but since I've never owned a car under warranty but since I'm being offered one I have provisionally said yes. Opinions? It'll be inspected by both CAA and a local BMW dealership prior to possession, and my car is taken care of by an actual BMW mechanic who never works on anything but BMWs. I know that this question is fundamentally one about risk tolerance. I'm very risk tolerant but what's derailing me is that I've never owned a car this new so I don't really know how to react. Andy
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12-01-2011, 08:32 PM	#2
johndeeveer Private 44 Rep 51 Posts Drives: X3 2007 black full option Join Date: Jan 2011 Location: Belgium iTrader: (0) Garage List 2007 X3 e83 2.0D [0.00]	would say take that risk if you have other spendings with that extra money. It always is a risk but life is the biggest one... No risk, no fun....
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12-20-2011, 05:45 PM	#3
Markap Private First Class 18 Rep 121 Posts Drives: 2011 X3 2.8 Join Date: Dec 2011 Location: Virginia iTrader: (0) Garage List 2011 X3 2.8 [0.00] 2003 BMW F650GS [0.00] 2008 Volvo C70 'vert [0.00] 1999 BMW R1100RS [0.00]	Shop around for the warranty. I bought on on the wife's Volvo c70 hardtop convertible for around $2600. I think it was warrantydirect.com or something close to that.
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