To Warranty or not to warranty

1BlackDropTop · 02-03-2017, 01:47 PM

Hey guys, looking at getting into the X5M game (coming from a 135i) and looking to see what most do after the factory warranty expires. Seems that there are some drastically differing views on whether or not to pocket the money or shell it out on "protection." Used the search bar, and found the typical stuff about injectors going bad, as well as expensive timing chain replacements etc, so I do realize (even with my 135) that repairs are pricey.

Whats the consensus?

Naz24 · 02-03-2017, 01:50 PM

Quote:

Originally Posted by 1BlackDropTop

Hey guys, looking at getting into the X5M game (coming from a 135i) and looking to see what most do after the factory warranty expires. Seems that there are some drastically differing views on whether or not to pocket the money or shell it out on "protection." Used the search bar, and found the typical stuff about injectors going bad, as well as expensive timing chain replacements etc, so I do realize (even with my 135) that repairs are pricey.

Whats the consensus?

I'm currently battling the same.

The injectors are part of a recall / longer warranty period, So those are fine now.

1BlackDropTop · 02-03-2017, 01:58 PM

Quote:

Originally Posted by Naz24

I'm currently battling the same.

The injectors are part of a recall / longer warranty period, So those are fine now.

I'd be buying out out of warranty (2012 with 47k on the odometer), so I'm assuming that the injector recall (or service bulletin) wouldn't apply?

Poppyboy · 02-03-2017, 01:59 PM

I've commented ad nauseam about how third-party warranties are often a rip off. However, for the X5M, provided you get an exclusionary warranty, that may be a wise choice.

1BlackDropTop · 02-03-2017, 02:48 PM

Quote:

Originally Posted by Poppyboy

I've commented ad nauseam about how third-party warranties are often a rip off. However, for the X5M, provided you get an exclusionary warranty, that may be a wise choice.

Yup, I've seen some of your comments to that effect in other posts. Thanks for the input again!

1BlackDropTop · 02-03-2017, 02:49 PM

If people are pocketing the money, how much are yall budgeting in yearly maintenance costs. I had an indy shop near me say around 4k a year on a 50i. That seems pretty ridiculous to me

Poppyboy · 02-03-2017, 05:01 PM

Quote:

Originally Posted by 1BlackDropTop

Yup, I've seen some of your comments to that effect in other posts. Thanks for the input again!

You're very welcome!

Poppyboy · 02-03-2017, 05:03 PM

Quote:

Originally Posted by 1BlackDropTop

If people are pocketing the money, how much are yall budgeting in yearly maintenance costs. I had an indy shop near me say around 4k a year on a 50i. That seems pretty ridiculous to me

I don't really budget-I just spend when costs arise, which have been nill beyond routine maintenance, but I have the 3.5i.

jiggz · 02-03-2017, 05:22 PM

Quote:

Originally Posted by Poppyboy

I've commented ad nauseam about how third-party warranties are often a rip off.

Totally agree. Save your $ and pay for stuff as it comes up! Even CPO is disappointing - the only 2 repairs so far not covered, I've yet to get a penny from it and it expires this September.

Quote:

Originally Posted by 1BlackDropTop

If people are pocketing the money, how much are yall budgeting in yearly maintenance costs. I had an indy shop near me say around 4k a year on a 50i. That seems pretty ridiculous to me

For I me I don't budget future repairs, I just pay for repairs as needed.

4K a year sounds about right for a 50i if you're driving average miles. It was an 80K vehicle new and maintenance will reflect that. The 35i would save you some maintenance $.

jandref321 · 02-03-2017, 06:43 PM

When buying my wife's 3.0si we paid $2500 for the extended warranty at the dealer. I was super angry about it until 10 months before expiration we had to have the water pump, thermostat housing, valve cover gasket, and a few other things I can't remember fixed. Total cost was about $5k but we only paid the $50 deductible which made me feel great. That being said, it was mostly dealer labor cost and the dealer kind of sucks in general. They always take way way too long, don't communicate, and often mess up. This includes when they replaced our valve cover gasket and ended up cracking the valve cover and oil managed to spray up on the windshield somehow on the highway. Total parts for our warranty repairs from a decent distributer would have probably been $1500 max. So the question is whether DIY is worth your time. Otherwise you're still going to pay a lot for labor at an Indy especially for an ///M car. Parts and labor are going to cost more.

Suge206 · 02-03-2017, 07:14 PM

I tripled my money on a warranty on a Touareg and got a 12x return on my 08 4.8i sport. I haven't used the ext warranty yet on my 50i ( 3 mos old), but IMO you'd have to be a nut or a certified mechanic to pass. Every repair seems to be a min $1500 on these things. You ARE going to spend a couple of grand that the warranty costs anyway. It's 100% without question going to happen. its just the cost of doing business in these rigs, so to not insulate you from massive repair costs is just nuts.

my 2 cents anyways

Poppyboy · 02-03-2017, 08:17 PM

Back in the late 90s, I was killing extended warranty companies left and right with my two different 5-series. Since then, it seems that they've figured things out (I lost out big-time on an unusually reliable 06 Touareg and 04 X5) and charge an exorbitant amount for worthy coverage, which would still likely pay off for an X5M.

Revnato · 02-04-2017, 01:42 AM

I'm about to drop $5k on a valve job at 57k miles so id say it's worth it!

MrGermanLover · 02-04-2017, 09:39 AM

Quote:

Originally Posted by jiggz

Totally agree. Save your $ and pay for stuff as it comes up! Even CPO is disappointing - the only 2 repairs so far not covered, I've yet to get a penny from it and it expires this September.

I agree with what jiggz said above. It would depend on the warranty company, terms, and cost. If you drive 20k miles per year and drive your car hard 24/7 it's not bad to have the peace of mind. Personally, I drive 5k miles per year and stay on top of the maintenance. Most of the money I have spent on the M have been mods, downpipes, dinan exhaust, wheels, etc. so for me it didn't make sense. IMO save the money for mods.

-c- · 02-04-2017, 01:08 PM

It's really just rolling the dice, is the piece of mind worth it to you.

I bought a CPO Z4 and haggled enough off the price the CPO warranty was basically free but I ended up needing a new head 1.5 years later. 11k dollar job. So yea in that instance it was worth it.

Now I've also had cars where nothing went wrong with it and the money was wasted ...... Or was it.... If it helps you sleep at night you'll be covered incase a trans takes a shit or if you blow a piston but these are extremes and more than likely you'll be nickel and dime'd to death with small repairs.

At the end of the day each car is different and each one will have more or less issues than the other so you may find yourself in a tank that never needs a thing or a lemon. If you plan on keeping it for the long haul maybe it isn't a bad thing but it's up to you. If you read most posts each trip to the dealer seems to cost 1k or more so you can reach the price of the warranty very quickly.

Poppyboy · 02-04-2017, 01:29 PM

Keep in mind, most of the thousands and thousands of owners out there are not enthusiasts on this website. Therefore, overall, you don't hear about all the cars that have very few issues compared to hearing (often) on here about cars that have issues.

-c- · 02-04-2017, 03:08 PM

Quote:

Originally Posted by Poppyboy

Keep in mind, most of the thousands and thousands of owners out there are not enthusiasts on this website. Therefore, overall, you don't hear about all the cars that have very few issues compared to hearing (often) on here about cars that have issues.

Yep!

1BlackDropTop · 02-04-2017, 03:08 PM

Quote:

Originally Posted by Poppyboy

Keep in mind, most of the thousands and thousands of owners out there are not enthusiasts on this website. Therefore, overall, you don't hear about all the cars that have very few issues compared to hearing (often) on here about cars that have issues.

Couldn't agree more with this comment

Revnato · 02-04-2017, 07:14 PM

Quote:

Originally Posted by Poppyboy

Keep in mind, most of the thousands and thousands of owners out there are not enthusiasts on this website. Therefore, overall, you don't hear about all the cars that have very few issues compared to hearing (often) on here about cars that have issues.

+1

And the ones on here tend to be modified which exacerbates the issue.

View Poll Results: To Warranty or not to Warranty
Warranty	3	37.50%
Not to Warranty	5	62.50%
Voters: 8. You may not vote on this poll

02-03-2017, 01:47 PM	#1
1BlackDropTop Private 19 Rep 84 Posts Drives: 2020 Alpine White X3M Join Date: Apr 2013 Location: Virginia iTrader: (0)	To Warranty or not to warranty Hey guys, looking at getting into the X5M game (coming from a 135i) and looking to see what most do after the factory warranty expires. Seems that there are some drastically differing views on whether or not to pocket the money or shell it out on "protection." Used the search bar, and found the typical stuff about injectors going bad, as well as expensive timing chain replacements etc, so I do realize (even with my 135) that repairs are pricey. Whats the consensus?
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02-03-2017, 01:59 PM	#4
Poppyboy Captain 194 Rep 828 Posts Drives: 2011 X5 3.5i w/ SA Package Join Date: Jul 2014 Location: Lincolnshire, IL iTrader: (0) Garage List 1976 Triumph TR6 [10.00] 1993 Bentley Turbo R [10.00] 2011 X5 [10.00]	I've commented ad nauseam about how third-party warranties are often a rip off. However, for the X5M, provided you get an exclusionary warranty, that may be a wise choice.
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02-03-2017, 02:49 PM	#6
1BlackDropTop Private 19 Rep 84 Posts Drives: 2020 Alpine White X3M Join Date: Apr 2013 Location: Virginia iTrader: (0)	If people are pocketing the money, how much are yall budgeting in yearly maintenance costs. I had an indy shop near me say around 4k a year on a 50i. That seems pretty ridiculous to me
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02-03-2017, 06:43 PM	#10
jandref321 Captain 345 Rep 728 Posts Drives: 2012 X5M Join Date: May 2014 Location: United States iTrader: (1)	When buying my wife's 3.0si we paid $2500 for the extended warranty at the dealer. I was super angry about it until 10 months before expiration we had to have the water pump, thermostat housing, valve cover gasket, and a few other things I can't remember fixed. Total cost was about $5k but we only paid the $50 deductible which made me feel great. That being said, it was mostly dealer labor cost and the dealer kind of sucks in general. They always take way way too long, don't communicate, and often mess up. This includes when they replaced our valve cover gasket and ended up cracking the valve cover and oil managed to spray up on the windshield somehow on the highway. Total parts for our warranty repairs from a decent distributer would have probably been $1500 max. So the question is whether DIY is worth your time. Otherwise you're still going to pay a lot for labor at an Indy especially for an ///M car. Parts and labor are going to cost more. __________________ 2020 G01 X3 30e CURRENT M Sport Package 2019 Ford Raptor SuperCrew CURRENT 802A, KN Drop-in, RB Flaps, Husky Well Liners 2012 E70 X5M SOLD Stg 1+ Turbos, DPs, Velos Stg 2+, JB4, Race Cats, Bavauto Coils 2003 E46 M3 SOLD aFe CAI, AP Axleback, SSK, H&R Springs, TMS CMBR Arms, PF RTABs
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02-03-2017, 07:14 PM	#11
Suge206 New Member 2 Rep 23 Posts Drives: 2013 X5 50i M-Sport Join Date: Jan 2017 Location: Seattle, Wa iTrader: (0)	I tripled my money on a warranty on a Touareg and got a 12x return on my 08 4.8i sport. I haven't used the ext warranty yet on my 50i ( 3 mos old), but IMO you'd have to be a nut or a certified mechanic to pass. Every repair seems to be a min $1500 on these things. You ARE going to spend a couple of grand that the warranty costs anyway. It's 100% without question going to happen. its just the cost of doing business in these rigs, so to not insulate you from massive repair costs is just nuts. my 2 cents anyways
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02-03-2017, 08:17 PM	#12
Poppyboy Captain 194 Rep 828 Posts Drives: 2011 X5 3.5i w/ SA Package Join Date: Jul 2014 Location: Lincolnshire, IL iTrader: (0) Garage List 1976 Triumph TR6 [10.00] 1993 Bentley Turbo R [10.00] 2011 X5 [10.00]	Back in the late 90s, I was killing extended warranty companies left and right with my two different 5-series. Since then, it seems that they've figured things out (I lost out big-time on an unusually reliable 06 Touareg and 04 X5) and charge an exorbitant amount for worthy coverage, which would still likely pay off for an X5M.
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02-04-2017, 01:42 AM	#13
Revnato Second Lieutenant 77 Rep 238 Posts Drives: 12' X5M Join Date: Jul 2016 Location: Los Angeles iTrader: (0)	I'm about to drop $5k on a valve job at 57k miles so id say it's worth it!
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02-04-2017, 01:08 PM	#15
-c- Colonel 886 Rep 2,736 Posts Drives: bmw Join Date: May 2010 Location: Chicago iTrader: (5)	It's really just rolling the dice, is the piece of mind worth it to you. I bought a CPO Z4 and haggled enough off the price the CPO warranty was basically free but I ended up needing a new head 1.5 years later. 11k dollar job. So yea in that instance it was worth it. Now I've also had cars where nothing went wrong with it and the money was wasted ...... Or was it.... If it helps you sleep at night you'll be covered incase a trans takes a shit or if you blow a piston but these are extremes and more than likely you'll be nickel and dime'd to death with small repairs. At the end of the day each car is different and each one will have more or less issues than the other so you may find yourself in a tank that never needs a thing or a lemon. If you plan on keeping it for the long haul maybe it isn't a bad thing but it's up to you. If you read most posts each trip to the dealer seems to cost 1k or more so you can reach the price of the warranty very quickly.
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02-04-2017, 01:29 PM	#16
Poppyboy Captain 194 Rep 828 Posts Drives: 2011 X5 3.5i w/ SA Package Join Date: Jul 2014 Location: Lincolnshire, IL iTrader: (0) Garage List 1976 Triumph TR6 [10.00] 1993 Bentley Turbo R [10.00] 2011 X5 [10.00]	Keep in mind, most of the thousands and thousands of owners out there are not enthusiasts on this website. Therefore, overall, you don't hear about all the cars that have very few issues compared to hearing (often) on here about cars that have issues.
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