Warranty renewal time... gulp!

tex · 18-09-2010, 07:48 PM

OK, so I got the letter from BMW, after a year of ownership they have offered to empty my bank account, credit cards and mortgage top up facility for a new warranty.

So I took a deep breath read the letter and thought, not too bad, inidcative Comprehensive quote for a 50k mile car of £835. Problem is mine has now done 63k (18k in the last year), so I checked the website and with a £100 excess £1,926!!!! Gulp! With a £250 excess £1,535... still Gulp!

So I looked at trading down - a Named Component warranty is £1,266 and a Driveline £880.

So, I would welcome your thoughts. Is the Comprehensive worth all the extra cost? Given the usual claims, would a Driveline do the job? I reckon if I am paying £1,200 for a Named I may as well pay £1,500 for a Comprehensive. So I reckon the Comprehensive or the Driveline.

What are your thoughts from past experience?

**shimmy** · 18-09-2010, 08:27 PM

I have named component over 60k miles cover

It covers the expensive big lumps that can wrong.

Bounce · 18-09-2010, 08:50 PM

Think ill do the same as Shimmy as mine is over 60k.The driveline cover only covers you for 5k,which i dont think is good enough as Duncan will tell you.

Mark S · 19-09-2010, 06:18 PM

I'm feelin for you, have just renewed mine on-line, comprehensive, 32k miles, £250 excess, £612 for the year.

I dont know if i could bring myself to pay £1,500+ to be honest.

She's due for an oil change around now, i usually use a dealer in Stockport, but if anyone knows an alternative around south Manchester . . . . . . .

Bounce · 19-09-2010, 06:31 PM

Quote:

Originally Posted by Mark S

I'm feelin for you, have just renewed mine on-line, comprehensive, 32k miles, £250 excess, £612 for the year.

I dont know if i could bring myself to pay £1,500+ to be honest.

She's due for an oil change around now, i usually use a dealer in Stockport, but if anyone knows an alternative around south Manchester . . . . . . .

Thats a good price Mark,think the cheapest i ever paid was £760 a couple of years ago.Have you not taken out the emergency service option.

**shimmy** · 19-09-2010, 07:14 PM

so interestingly if i swapped my car for a 32k mile CSL i could save £1000 on warranty alone

PER YEAR

tex · 19-09-2010, 07:19 PM

Thanks for your thoughts. I didn't realise the Driveline had a £5k cap and I agree, that's not enough if things go really Pete Tong, which is why you buy a warranty after all.

So, the bill is at least £1,266... bugger there goes my SS race backbox...

Mark S · 19-09-2010, 07:39 PM

Quote:

Thats a good price Mark,think the cheapest i ever paid was £760 a couple of years ago.Have you not taken out the emergency service option.

No i havn't included the emergency service option . . . . . . . i dont think they would collect from the Ring anyway: LOL

Quote:

so interestingly if i swapped my car for a 32k mile CSL i could save £1000 on warranty alone

PER YEAR

yeah you could, but remember i'm on £250 excess and no emergency services.

Steviebee · 19-09-2010, 08:55 PM

I didn't know you can do it with a one off payment. Just new here and 'Paying As You Go' 80quid a month - no excess comprehensive cover.

Doesnt seem too bad!

Bounce · 19-09-2010, 09:00 PM

Quote:

Originally Posted by Steviebee

I didn't know you can do it with a one off payment. Just new here and 'Paying As You Go' 80quid a month - no excess comprehensive cover.

Doesnt seem too bad!

Paying monthly is a good option,as when you go over 60kmiles the payment stays the same.Unlike the annual payment which goes up.

18-09-2010, 07:48 PM	#1
tex S2 - Picking it up Join Date: Aug 2009 Posts: 45 Casino cash: $1401	Warranty renewal time... gulp! OK, so I got the letter from BMW, after a year of ownership they have offered to empty my bank account, credit cards and mortgage top up facility for a new warranty. So I took a deep breath read the letter and thought, not too bad, inidcative Comprehensive quote for a 50k mile car of £835. Problem is mine has now done 63k (18k in the last year), so I checked the website and with a £100 excess £1,926!!!! Gulp! With a £250 excess £1,535... still Gulp! So I looked at trading down - a Named Component warranty is £1,266 and a Driveline £880. So, I would welcome your thoughts. Is the Comprehensive worth all the extra cost? Given the usual claims, would a Driveline do the job? I reckon if I am paying £1,200 for a Named I may as well pay £1,500 for a Comprehensive. So I reckon the Comprehensive or the Driveline. What are your thoughts from past experience?

18-09-2010, 08:27 PM	#2
shimmy CSL Register Uber-poster! Join Date: Apr 2008 Location: Uk Posts: 14,646 Casino cash: $43909	I have named component over 60k miles cover It covers the expensive big lumps that can wrong. __________________ .

19-09-2010, 06:18 PM	#4
Mark S S2 - Picking it up Join Date: Jan 2008 Location: Manchester Posts: 32 Casino cash: $445	I'm feelin for you, have just renewed mine on-line, comprehensive, 32k miles, £250 excess, £612 for the year. I dont know if i could bring myself to pay £1,500+ to be honest. She's due for an oil change around now, i usually use a dealer in Stockport, but if anyone knows an alternative around south Manchester . . . . . . . __________________ CSL, SB, standard car (apart from the AP's)

19-09-2010, 07:14 PM	#6
shimmy CSL Register Uber-poster! Join Date: Apr 2008 Location: Uk Posts: 14,646 Casino cash: $43909	so interestingly if i swapped my car for a 32k mile CSL i could save £1000 on warranty alone PER YEAR __________________ .

18-09-2010, 08:50 PM	#3
Bounce CSL Register Uber-poster! Join Date: Nov 2009 Location: Cornwall Posts: 7,057 Casino cash: $35793	Think ill do the same as Shimmy as mine is over 60k.The driveline cover only covers you for 5k,which i dont think is good enough as Duncan will tell you.

19-09-2010, 07:19 PM	#7
tex S2 - Picking it up Join Date: Aug 2009 Posts: 45 Casino cash: $1401	Thanks for your thoughts. I didn't realise the Driveline had a £5k cap and I agree, that's not enough if things go really Pete Tong, which is why you buy a warranty after all. So, the bill is at least £1,266... bugger there goes my SS race backbox...

19-09-2010, 08:55 PM	#9
Steviebee S2 - Picking it up Join Date: Sep 2010 Posts: 65 Casino cash: $533	I didn't know you can do it with a one off payment. Just new here and 'Paying As You Go' 80quid a month - no excess comprehensive cover. Doesnt seem too bad!