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320ci View Drop Down
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Direct Link To This Post Topic: How B***** much?
    Posted: 16-April-2005 at 11:22

I recieved an invitation to extend my warranty this year.

So I phoned Mills and spoke to a chap who said the computers were down could I hang on. He came back and said £720 and that does not include wear and tear.

Does that sound about right?

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Direct Link To This Post Posted: 16-April-2005 at 12:05

That's a lot - but I do remember when I had a 318i many years ago that it was £499 to extend it for a year, so it's probably about right.

It's identical to the factory BMW warranty though - so it does cover everything that your current one does.

It sounds a lot....but it doesn't take much to rack up that kind of bill if something goes more than just a little wrong.



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Direct Link To This Post Posted: 16-April-2005 at 12:13

yea, they have upped the Warranty by almost two hundred green ones on last year, apparently to make up for the increased number of claims or something.

Not good I know, I hope to sell mine before my expiry date of October and will be investing in a Kia.


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Direct Link To This Post Posted: 17-April-2005 at 12:34

Cheers guys, got some thinking to do

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Direct Link To This Post Posted: 17-April-2005 at 14:07
Originally posted by Praktisk Praktisk wrote:

 will be investing in a Kia.

It's quicker and easier just to bundle the cash up and set it alight!

A lot more fun too.

I can't imagine anyone, anywhere, under any circumstances, seriously wanting to invest hard earned cash into one of these.

Top Gear, What Car, Car Magazine and Driven have all demonstrated that they are a total false economy and that over 2-5 years you are much better off buying virtually ANYTHING else!



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Direct Link To This Post Posted: 17-April-2005 at 14:45
Originally posted by Coasting Coasting wrote:

Originally posted by Praktisk Praktisk wrote:

 will be investing in a Kia.

It's quicker and easier just to bundle the cash up and set it alight!

A lot more fun too.

I can't imagine anyone, anywhere, under any circumstances, seriously wanting to invest hard earned cash into one of these.

Top Gear, What Car, Car Magazine and Driven have all demonstrated that they are a total false economy and that over 2-5 years you are much better off buying virtually ANYTHING else!

 The subaru style bonnet scoop must its number 1 selling point then.

 


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Direct Link To This Post Posted: 17-April-2005 at 15:12

I can understand people wanting to buy these cheap cars.

I will have to replace my vectra estate sometime soon.

I can spend £20,000 on a new vectra estate, and after 3 or 4 years with nasa mileage, it will be worth nothing.

I can spend £7,000 on a not so good Kia, have 3 years warranty, three years servicing, and after the same period with the same miles, it will be worth nothing.

So I can loose £20,00, or £7,000

How do they work out as such poor value ?

I only want something to carry me, my tools, and laptop around.

This also applies to the likes of hyundai, only I get 5 years warranty with them.

Best Wishes

Nigel

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Direct Link To This Post Posted: 17-April-2005 at 15:34

Nigel,

The answer is simple - don't buy a New Vectra Estate and you don't lose that much money!

The programmes/magazines all took the alternative view to that which you use as an example.

That is, don't buy a New South Korean car (or similar ilk).

Buy a used European car for the same money.



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Direct Link To This Post Posted: 17-April-2005 at 15:37
I did that this time, i bought a 4 year old vectra estate, and it has worked, but so would the new cheapie car.
Best Wishes

Nigel

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Direct Link To This Post Posted: 17-April-2005 at 19:46
Originally posted by 320ci 320ci wrote:

I recieved an invitation to extend my warranty this year.

So I phoned Mills and spoke to a chap who said the computers were down could I hang on. He came back and said £720 and that does not include wear and tear.

Does that sound about right?

hi there

asking that amount of the green suff seems pretty high in my eyes....... i hate to say it but bmw [own] schemes on looking after  ownership tends to be on the high side.and the "wear and tear" policys seem to look as if there not worth the paper there written on...to me they are just another part of th fian nice arm of the marque that wants us to spend money were its not needed

however if peace of mind previals .then it shouldnt be too much of a price to pay for ...peace of mind as the other warrenty chaps out there will /could only fleece you more and they tend to be awfull in respect of claims payouts .. i think bmw s own wouldnt be the case

its a dogs world out there
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Direct Link To This Post Posted: 18-April-2005 at 05:11

Warranties are worth it if you've got a car with known faults that are expensive to repair, like S50 powered M's with VANOS and S54 powered M's with 'spinning' shell bearings.

For me it's looking very expensive for the Z - it's a lot of aftermarket parts & independent hours labour, which I would have a lot more confidence in being worth the money.

I think BMW should be looking at why the level of claims has gone up in the first place, they don't build durable quality cars anymore do they.  If they were, we couldn't be claiming!

Boost baby, BOOST!
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Direct Link To This Post Posted: 18-April-2005 at 16:46
I spoke to both Mills and Preston Hall BMW today to confirm the price and it is defently £720 which I think is very very expensive so I am not going to bother. If it was £720 over the next 3 years yeah maybe.
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Direct Link To This Post Posted: 19-April-2005 at 17:02

I just hope you don't get any nasty bills Dave!

I'll keep my fingers crossed for you!



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Direct Link To This Post Posted: 19-April-2005 at 19:13

Sods law, the EMC will go down a day after the warranty ends, its just my luck.

Keep em fingures crossed for me

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Direct Link To This Post Posted: 20-April-2005 at 04:20
Originally posted by Nigel Nigel wrote:

I can understand people wanting to buy these cheap cars.

I will have to replace my vectra estate sometime soon.

I can spend £20,000 on a new vectra estate, and after 3 or 4 years with nasa mileage, it will be worth nothing.

I can spend £7,000 on a not so good Kia, have 3 years warranty, three years servicing, and after the same period with the same miles, it will be worth nothing.

So I can loose £20,00, or £7,000

How do they work out as such poor value ?

I only want something to carry me, my tools, and laptop around.

This also applies to the likes of hyundai, only I get 5 years warranty with them.

I agree entirely with you Nigel. Sure it woun't be worth anything in a few years time but it was very cheap to start with, comes as you say with a 5 year warranty, which it probably will never need and will cost peanuts to run. The 7K you pay to buy it is going to be less than the depreciation on a a car like a Vectra or even a BMW over a 5 year period

On the original topic, I personally think it is very worrying that to extend the warranty for one year is £750. This means one of the following:

BMW are taking the mick and fleecing customers 

BMWs are not reliable

BMW parts and labour charges are so expensive that even small jobs work out very expensive

Either way this kind of thing would really put me off buying a new BMW

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Direct Link To This Post Posted: 20-April-2005 at 04:29
Originally posted by Peter Fenwick Peter Fenwick wrote:

Either way this kind of thing would really put me off buying a new BMW

dont let that it put you off buying a new bmw ..just dont get sucked in to the hype of the aftersales managers speel .

its a dogs world out there
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Direct Link To This Post Posted: 20-April-2005 at 04:31
Originally posted by Coasting Coasting wrote:

I just hope you don't get any nasty bills Dave!

I'll keep my fingers crossed for you!

This is exactly my point!!

If you bought a Honda you would know that you wouldn't get any nasty bills.

You make it sound like if the car does go problem free in the next year it will have as much to do with luck as build quality.

From a premium car maker like BMW this simply isn't good enough.

If it's worth sepnding £750 on a warranty then BMW have some real quality issues.

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Direct Link To This Post Posted: 20-April-2005 at 12:55

Aren't you forgetting that we are talking of a warranty beyond 60,000 miles or 3 years.

To say a Honda would provide trouble free motoring is simply ridiculous for the same period.

In the past I have owned both a Civic and an Accord.

At 28,000 miles the Civic needed new rear suspension - completely, and a new gearbox at 31,000.

The Accord was a runaround that was 38 months old.  I bought it for the reasons you've raised - supposedly trouble free motoring.

I spent £2,000 on that car in 18 months.  Everything that could have gone wrong did go wrong.

Honda are very good are highlighting no VTEC recalls in 3 years of warranty - but I'm afraid lots of other things did go wrong in my experience.

If you're buying a premium car like a BMW you're not buying life long trouble free motoring.  After 3 years or 60,000 miles things WILL go wrong.  That's the same with every car and to suggest it isn't and that BMW have issues isn't looking at the bigger picture.

The warranty offered for £720 is acknowledged as the ONLY true extension of a full factory warranty - every other car maker offers extended warranties but they are not a direct extention of the new warranty.

Dave could have a four figure gearbox bill in his BMW just as he could in a Honda, Toyota, Audi or anything else.  It happens.

The warranty, in my personal opinion and nothing more, just buys you peace of mind for costs you can't anticipate.

No marque and no manufacturer can claim the sort of long term reliability and cost free motoring that you're inferring exists.

 



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Direct Link To This Post Posted: 20-April-2005 at 13:11
Someone correct me if i'm wrong but lots of companies offer waranties i.e waranty holdings offer aftermarket warranties. Maybe someone like Floody or someone else like him who is in used car trade may be able to point you in the right direction, that is if you would consider paying for a cheaper warranty which wouldn't cover dealer parts and labour ect but would likely cover Indipendant bmw specialists. Not sure if they sell them to people who aren't buying a used car from garage but might be worth a try.
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Direct Link To This Post Posted: 20-April-2005 at 13:16
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