Warranty renewal time... gulp!

[tex]

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! :bigcry:

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

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]

I have named component over 60k miles cover

It covers the expensive big lumps that can wrong.

[Bounce]

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]

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]

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]

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

[tex]

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...:bigcry:

[Mark S]

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

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

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

[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!

[Bounce]

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.

[Steviebee]

Ah, cool. Thats what I thought. A wee bit away from 60, but good to know all the same.

[AlexGTT]

I decided not to re-new my warranty 2 years ago and have saved a fair war chest of funds as a result incase something goes. Mine is at 62k now and no real issues durring my no-warranty time. I keep the BMW service history up so I have the choice to add warranty if I feel the need.

However, I think it suits the way I use my car and if things were different I'd definately have some level of cover. I also have good friends who happen to be a very respected CSL specialist. That helps my decision.

[glendog74]

I also have good friends who happen to be a very respected CSL specialist. That helps my decision.

Thank you please :smokin:

[DuncanR]

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...:bigcry:

The fitting of which MAY invalidate the said warranty !! :banghead:

[DuncanR]

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!

Stick with it Stevie !! and dont miss a fookin payment mate..... its what I do... mines 300 shy of 70k now, and reading the T's & C's , there isnt any onus on us to inform them of the mileage, FFS they should be able to pick that fooker up from their own records !