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In Reply to: Re: Extended Warranty for a 94 750il - worth it? posted by nk on February 18, 2002 at 13:14:40:
The actual contract I have is their Used/Platinum Coverage and was for 3 years and 36,000 additional miles. My plan started on Oct, 13, 2000 when my 740iL had only 46,084 miles on it and the plan cost $1099.
The plan lists the defective parts that it will cover and that is a problem because that leaves out a lot of parts that could fail that the plan won't cover. Until jusgt recently, I never had any failures after I purchased the plan but had to fix an inoperative cruise control system (repair cost $850) and also had to replace a defective fuel tank guage sensor in the tank (repair cost $457). It appears that my contract would have covered those items if I would have had it in effect at that time. Just recently the car started leaking coolant on an intermittent basis. The problem turned out to be the thermostat housing assembly at the front of the engine with a repair cost of $350 which will not be covered by my contract since this housing is not a listed as a covered part in the cooling system. Darn!