Should I maintain warranty?

[deanobeano]

Evening all

Your thoughts on maintaining my Mondial Fully comp warranty would be appreciated.

Firstly, my CSL is not my primary or secondary mode of transportation (I wish it was!)

Last year I did less than 1500 miles and he spends the winter tucked up in the garage.

Since purchasing the only warranty claim was for a diff seal.

Warranty was taken out on monthly DD just before the car turned 60K miles.

£105 per month

My tight wad gene tells me to cancel the warranty after the car has been run for a few months over the summer.

However the mileage (61.4k) is getting to the stage where head gaskets etc may rear their ugly heads

Anyone know how much to reinstate fully comp cover with >60K miles if I change my mind in the future?

With the warranty suspended, the ongoing annual costs are (on the surface small) and the afore mentioned gene likes this...

Your thoughts, gentlemen and CSLgirl please.

[Trawler]

This is where you will get a split in answers.

I will start it off by saying NO.

[shimmy]

I'd say no as well, but just to counter that 60-75k is in my experience the most expensive age of the CSL (for BMW) :supz:

[j88 csl]

My indie told me when i bought mine to put £100 a month aside instead of the warranty. Especially as it's a weekend car doing less than 3k a year....I have of course saved nothing and will probably get bitten in the arse very soon.

[deanobeano]

I like the idea of 'setting money aside'

how much would a head gasket by at a indie or (god forbid) main dealer?

[0836whimper]

For that mileage I would say no.

[cslsuperfan]

warranty

putting 1200 quid away a year is a sizeable sum and as long as its 2 to 3 years before you need to fix something major then it would work.

I have had warranty for 4 years and never claimed. I would never cancel the warranty because I know my car, like yours is heading into the middle age spread period (60K plus)

If you can finance the monthly outgoing keep the warranty going. just my opinion since you asked.:thumbs:

[Graham]

I like the idea of 'setting money aside'

how much would a head gasket by at a indie or (god forbid) main dealer?

At an indie you're looking about £600.

Setting money aside seems best.

[shimmy]

putting 1200 quid away a year is a sizeable sum and as long as its 2 to 3 years before you need to fix something major then it would work.

I have had warranty for 4 years and never claimed. I would never cancel the warranty because I know my car, like yours is heading into the middle age spread period (60K plus)

If you can finance the monthly outgoing keep the warranty going. just my opinion since you asked.:thumbs:

I have had a warranty for about 3.5 years and I think BMW have spent about £23k on her.

[Trawler]

I have had a warranty for about 3.5 years and I think BMW have spent about £23k on her.

Nothing to do with the driver then :hahaha:

[s1csl]

I have had a warranty for about 3.5 years and I think BMW have spent about £23k on her.

£26K when I had mine in 2years , I would keep the warranty while you can as you may not have a choice soon

[Pip1968]

I would say "No". Save the money. I say that with someone who has a BMW/Mondial warranty. I have had it since buying the car in 2007 with 24,500 miles on the clock. I am now on 38,000 or so and have only had a claim for rear springs and that was after much pushing (car was sat noticeably higher one side over the other much to BMW's insistance that it was not).

Hindsight is great. With that sort of annual mileage and the fact that this is not your primary or even secondary car the pointers are to save the money.

Pip

[shane@mbtech]

£26K when I had mine in 2years , I would keep the warranty while you can as you may not have a choice soon

You can't compare BMW bill to mondial to what it would cost in reality.

[shimmy]

You can't compare BMW bill to mondial to what it would cost in reality.

But even if you say 50% cost it is worth it for a tracked car. And at meats BMW give you new bits, not old seconds hand stuff if you do it yourself.

[titan]

I never had a warranty on mine and didn't miss it for one moment. When I sold it, none of the enquiries I had were deal breakers due to lack of it.

I know lots of you have had warranty work done, even on cars with modifications so it sounds a good'un. There are however plenty of stories of people with warranties not being honoured - knackered engines are the drivers fault for not checking oil levels etc.

Warranty on a 10yr+ old car? Its not a warranty from the manufacturer, that's just an insurance policy.

Sticking £1200 away a year does start to build up and if you get your issues fixed at an independent I think you would be cash positive.

On a modded CSL what are the things you're protecting against or worried about ? Engine, SMG, Floor are surely the main things. Rumour is that floor repairs for cars over 10 years are now not being covered, or is that the goodwill freebie for people without warranties?

I've never had any issues with cars that have been looked after and treated right. So I wouldn't bother.

It is exactly like insurance - never make a claim and you wondered why you bothered. I suppose the day you need a new engine you'd be glad you did.