BMW offers something called BMW Extended Service Contracts for their new cars. These contracts are part of the BMW Ultimate Protection Program and work just like a warranty. They extend your coverage after your regular factory or BMW certified pre-owned warranty ends.

You have the option to ensure an extended warranty either when you buy your BMW or before the original factory warranty runs out. BMW already gives 4 years/50,000 miles of warranty with all new vehicles. ^[1]

BMW Extended Warranty Terms and Conditions

Here’s a summary of the key terms and conditions for BMW extended warranty:

• Availability – You can get extra coverage for your BMW if it’s within the first four years or 50,000 miles of the manufacturer’s warranty. Even if you have a Certified Pre-Owned (CPO) BMW with its limited warranty, you’re eligible for these extended plans.
• Eligibility – Both brand-new and CPO BMWs, after passing the certification process, qualify for this coverage.
• Finance – You have the option to roll the cost of this extended warranty into your car loan. But, I’d suggest avoiding this because it might bump up your overall payment.
• Repairs and maintenance – This warranty ensures that any needed repairs will be carried out using authentic BMW parts at the authorized repair centers. Regular maintenance isn’t included unless it’s clearly stated otherwise.
• Benefits – Every package comes with its own set of advantages, such as roadside aid, fuel drop-offs, assistance with lockouts, and even tire replacements.
• Deductible – You can choose how much you’ll pay out-of-pocket when making a claim. Most buyers go for a $100 deductible.
• Transfers – If you sell your car, you can transfer the plan. For CPO owners, there’s a $200 transfer fee.
• Cancellation – In case you need to cancel your vehicle service plan, you can do so either at the BMW dealership where you bought the plan or through your third-party provider’s contact.

BMW Extended Warranty Plan Packages

BMW presents three different extended warranty packages: Platinum, Gold, and Powertrain Plus. Each plan offering a generous term of up to 7 years or 100,000 miles. ^[2] Here’s a simple overview of each:

Platinum Plan

Consider this as the complete bundle deal. It covers nearly everything in your car that matters. From the engine to the suspension and infotainment systems, it’s like having a superhero protecting your ride.

Gold Plan

This plan is a solid shield for crucial parts. It covers big things like the engine and transmission, and also extras like brakes and air conditioning. It’s not as broad as Platinum but still packs a punch.

Powertrain Plus Plan

Consider this plan your car’s essential bodyguard. It protects the important basics that keep your car moving smoothly. Engine, transmission, and more, including all-wheel drive parts.

How Much Does BMW Extended Warranty Cost?

Due to the potentially high maintenance costs associated with BMWs, their extended warranty plans tend to come with a heftier price tag. The cost depends on your car’s model, age, and mileage, the coverage you pick, how long the warranty lasts, your deductible, and where you buy it.

Different BMW dealerships can charge different prices, so you can negotiate, just like with car prices. On average, BMW extended warranties range from $3,500 to $6,000, covering 24-hour roadside help and deductibles from $0 to $50. Bear in mind, only an approved BMW dealer should handle the repairs.

BMW doesn’t lay out retail prices, but peoples online share their costs. ^[3] For example:

• BMW Powertrain Plus Warranty: About $2,000 for an extra year and 25,000 miles.
• BMW Gold Warranty: A Gold warranty covering 7 years or 75,000 miles costs approximately $3,500.
• BMW Platinum Warranty: A 3-year Platinum Contract is priced at over $7,000, while a 5-year/100,000-mile Platinum Contract can be obtained for up to $6,500.

What Does the BMW Extended Warranty Cover?

In checking out BMW’s extended warranty plans, I’ve got some cool info to share. Car Talk’s experts say BMW’s extended warranty coverage are top-notch in particular plans, going above and beyond their rivals. ^[4] Let me break it down for you!

BMW’s Platinum, Gold, and Powertrain Plus plans cover some crucial stuff. Take the induction system, for example – it’s covered in all plans, a big win! Here’s a quick list for each plan:

What’s Not Covered by the BMW Extended Warranty?

The BMW Extended Warranty covers the big car stuff, but not everything. Forbes ^[5] points out some things you might want to know:

• Simple things like wiper blades and brakes aren’t on the warranty list.
• If your car gets beat up because you weren’t careful, the warranty won’t save the day.
• If someone not authorized messes with your car, the warranty won’t cover it.
• If you pimped your ride with non-factory parts, the warranty might not help.
• If your car gets smashed in a crash, stolen, or hit by nature, the warranty won’t step in.
• Changing oil, rotating tires, or swapping filters is your responsibility, not the warranty’s.
• If your ride gets totaled by the insurance company, it’s not eligible for warranty.

How Long is a BMW Extended Warranty?

These plans cover your car for up to 7 years or 100,000 miles, letting you choose the protection that suits you best. What’s great? BMW ensures quality repairs using only Original BMW parts at authorized spots.

Now, let’s talk about extending your BMW’s factory warranty. You’ve got options: go for 75,000 or 100,000-mile terms and add 1, 2, or 3 years of coverage. Simple, right? Just remember, these terms include the original factory warranty duration.

Imagine picking a 7-year, 100,000-mile warranty. That’s like adding 3 more years and 50,000 extra miles to your car’s coverage. Or perhaps you’re into a 5-year, 75,000-mile warranty, giving you an extra 1 year and 25,000 miles.

But, if your BMW is older than 2017 or has cruised past 60,000 miles, it might not qualify for extended warranty. Also, if your car’s been around for more than 3 years and isn’t in the UltimateCare+ club, it might miss out on extended coverage.

Extended Warranty Comparison: BMW Vs Third Party

Picking a BMW warranty boils down to two options: BMW’s or a third-party choice. Let’s compare BMW’s third-party option with the top providers. This quick look is your guide to finding the right warranty for your BMW.

Can I Negotiate the Cost of a BMW Extended Warranty?

Negotiating the cost of a BMW extended warranty is totally doable, as I found out on BMWBlog. ^[6] Like buying the car, you can have a chat about the price. BMWs have cool features and fancy tech, which can make fixing them a bit pricey. So, the extended warranty might cost a bit more.

But here’s the good news – you can still haggle! If you talk openly and respectfully with the dealership, you might snag a better deal on your BMW extended warranty. That means saving some cash while making sure your BMW stays covered.