BMW Aftermarket warranty - High mileage f30 320D

[ashlinm]

Good morning fanatics

Have a question and would like to get your thoughts and opinions. On my 2016 BMW 320D, I had a aftermarket warranty with Bidvest, it has just expired (in the two years off ownership I did not use it 😅).

My mileage is around 205k and was just wondering if I should consider taking out another extended warranty? If so, any suggestions for higher mileage options.
Also wondering if it would be worth taking out considering most cover is quite less due to age/mileage.

Thanks again!

 

[///M Individual]

Hi bud

Been there done that never got to claim because these cars are so damn reliable!

Personally I don't think its worth it.

Rather spend on preventative maintenance items. Not sure what's been done already but stuff like the vibration damper, coolant flange etc.

Also a downpipe and remap is in order!

 

[momo1]

Hi bud

Been there done that never got to claim because these cars are so damn reliable!

Personally I don't think its worth it.

Rather spend on preventative maintenance items. Not sure what's been done already but stuff like the vibration damper, coolant flange etc.

Also a downpipe and remap is in order!

my thoughts too

 

[PsyCLown]

Whether an aftermarket warranty is worth while is entirely up to you. Your car and you're the one taking the risk and spending the money.

I have one for my 540i and am very glad I do as I have just had a large claim approved and covered by my warranty. While the B58 is generally considered reliable, it does require more money to be spent on maintenance than a 20d typically does.

The warranty I have is a lump sum amount and not a set amount per component / category and covers upto 450 000km, I do not believe the payout is reduced based on mileage / year - it just needs to be within their mileage and age requirement.

 

[ashlinm]

Hi bud

Been there done that never got to claim because these cars are so damn reliable!

Personally I don't think its worth it.

Rather spend on preventative maintenance items. Not sure what's been done already but stuff like the vibration damper, coolant flange etc.

Also a downpipe and remap is in order!

Hi bud
Thank you for the response, these cars are amazing 😅
I will look at performing preventative maintenance items you mentioned, I have only done ZF gearbox oil change, routine oil services and both front and rear brakes.
Was considering doing DP soon and remapping. Still looking for suggestions in KZN north coast and surrounding areas.

 

[ashlinm]

Whether an aftermarket warranty is worth while is entirely up to you. Your car and you're the one taking the risk and spending the money.

I have one for my 540i and am very glad I do as I have just had a large claim approved and covered by my warranty. While the B58 is generally considered reliable, it does require more money to be spent on maintenance than a 20d typically does.

The warranty I have is a lump sum amount and not a set amount per component / category and covers upto 450 000km, I do not believe the payout is reduced based on mileage / year - it just needs to be within their mileage and age requirement.

Thanks for your input @PsyCLown. If you don't mind me asking who is your aftermarket warranty with?

 

[ashlinm]

my thoughts too

Thanks @momo1

 

[PsyCLown]

Thanks for your input @PsyCLown. If you don't mind me asking who is your aftermarket warranty with?

Innovation Group - Motormend warranty.

When this warranty lapses, I will certainly take out another one.

 

[ashlinm]

Innovation Group - Motormend warranty.

When this warranty lapses, I will certainly take out another one.

Thanks @PsyCLown

 

[AshG108]

Hey bud,
Great advice from the guys above. I have had a few of these 20ds now and also in the family and honestly, into high mileage they are still very decent however they require wear and tear items which would cost more as they age, right?
So if you did the main items now then plan for these normal things going forward and then also to revisit things like the Vibration dampener later on, the gearbox service or maintenance too...suspension parts as well.

 

[Salt]

Here is my view on aftermarket warranties. I have used this on multiple vehicles for over 10 years. I have used multiple service providers. From my experience, the only way you can get unlimited cover is when you take out the extended warranty BEFORE the manufacturers original warranty expires - then you can usually get unlimited cover (no sub limits) for 2 years/unlimited kms. Anything after the manufacturers original warranty has run out, the cover is based on vehicle age/mileage and sub limits will apply - R50k engine, R40k transmission etc. for example. You also cannot take out the same cover again when it expires - the vehicle age/mileage will then be used to determine the next cover applicable. You got both monthly payment and once off payment options. I've always gone for once off...although monthly has the advantage that should you find service poor or unfair, you have some leverage - T's&C's dependent.

Important lesson learnt by myself recently...I extended the 140's motorplan with BMW for one year, I then wanted to take out an extended warranty thinking I can get the unlimited cover option...however their view was that the manufacturers original warranty ran out when the original motorplan ended after 5 years and thus I only qualified for the next option which had sub limits - which I did take and have successfully used since. But knowing what I know now, I would rather have taken out the unlimited cover warranty at the end of the 5 year motorplan.

Hope this helps.