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Posted by dbruce on June 20, 2000 at 09:50:59:

In Reply to: I found Warranty Gold MORE expensive posted by JonC on June 20, 2000 at 08:46:19:

The warranty is not provided by BMW....it is another company going through the dealer.

The dealer takes their cut, the warranty company get the rest.

Can you bring it to any mechanic or just that dealer?

What is covered....exclusions can be long on some plans.

Warrantydirect will not warranty above 60,000 miles for the plan I picked up. The reason is simple, items like radiators and the like wear out in the higher mileage cars.

Personally, I would invest the 4 grand in the market or a bank account. With 4 grand you can almost pick up a new engine.......not worth that kind of money.

: : 4K is way to much.

: : Go for one of the online companies.

: : www.warrantdirect.com
: : www.warrantygold.com

: : Should cut the cost in half. Picked up a platinum plan from warrantydirect.com for $2,000 when I picked up my car a year ago.

: : Have not needed it. I also found a mechanic that is dirt cheap and excellent.....so I do not believe I will ever reach $2000.

: : Nice to have, just in case.

: : : I plan to keep my car after another 2 years of payments, should I get tthe extended warranty? Allison BMW in Mountain View, CA is asking $4000 on a 5 year/ 100,000 mile extended warranty! Please advice!


: I priced out WarrantyGold for my '95 M3 w/70,000 miles. They quoted me something like $2,400 for 1 year, up to $5,000 for 3 years. Compared to that, 5 years for $4,000 sounds cheap.

: Jon




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