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Old 22-03-2015, 04:48 PM   #1
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Default Warranties?..worth it or not?

Hi,

Can of worms I know but, what's the general opinion on warranties?

Got a quote on a BMW one to cover the engine and drivetrain for around £1600ish pa.

Having had warranties in the past on various cars, I'm well aware how far over some companies bend to try and avoid coughing up should the worst occur. My current GP doesn't have one and although any serious fault costs aren't going to be as eye watering as a CSL, they aren't going to be cheap!

At the moment am leaning towards not bothering and, in theory, putting the annual warranty cost to one side to pay for potential mishaps. Yes things can go pop but, on a modern car things may be better designed and put together meaning drastic failures aren't a regular occurrence?

So, thoughts and advice appreciated, as ever

Secondly, did the CSL have an alarm as standard? May look like a silly question but the R53 GP never had one as standard.

Cheers

Last edited by pops; 22-03-2015 at 04:53 PM.
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Old 22-03-2015, 05:13 PM   #2
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BMW Warranty is great and they cover most things

Yes the CSL has a cat 1 alarm
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Old 22-03-2015, 05:20 PM   #3
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Quote:
Originally Posted by Mark CSL View Post
BMW Warranty is great and they cover most things

Yes the CSL has a cat 1 alarm
Thanks for that Mark.

Just trying to get all odds and sods sorted so when Aviva lay the golden egg I can just concentrate on finding the right car having already looked into the trivial stuff.
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Old 22-03-2015, 05:56 PM   #4
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In 5 yrs I'm about even on cost v claim. But had peace of mind along the way (which IMO has value). So I fall on the the yes side.

For some it's paid dividends, for others not.

There really isn't any right any right answer tbh.
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Old 22-03-2015, 06:02 PM   #5
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Quote:
Originally Posted by Yanto View Post
In 5 yrs I'm about even on cost v claim. But had peace of mind along the way (which IMO has value). So I fall on the the yes side.

For some it's paid dividends, for others not.

There really isn't any right any right answer tbh.
Thanks bud.

I appreciate there isn't a right or a wrong answer hence my can of worms comment in the OP.

Just thought it'd be worth gauging opinions,do you have the BMW Warranty?

Anyone else think we could do with a "thanks" button?

Last edited by pops; 22-03-2015 at 06:05 PM.
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Old 22-03-2015, 07:23 PM   #6
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I had a BMW warranty on mine for four years, but due to how long they take to get a an engine decided to cancel and put money aside for any problems rather than line BMW's pocket for a poor service.
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Old 22-03-2015, 07:48 PM   #7
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I also had a BMW warranty for 4 years but decided to cancel as I had exceeded my limit of £33,500.00 of claims.
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Old 22-03-2015, 08:11 PM   #8
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£33500 worth of claims??
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Old 22-03-2015, 08:31 PM   #9
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Quote:
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I also had a BMW warranty for 4 years but decided to cancel as I had exceeded my limit of £33,500.00 of claims.

F***ing priceless shim.


I have just cancelled mine after 5 years of Direct debits and no claims submitted...........so I'm due a thrown rod on my next TD!!!!!
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Old 22-03-2015, 09:02 PM   #10
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It was for me but not anymore. Similar story to Shimmy
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