In Reply to: Absolutely & people seem to forget... posted by SL on January 13, 2000 at 15:12:48:
Absolutely & people seem to forget if nothing real expensive does break (odds are pretty good it won't) then you get to KEEP all that money.
This just reiterates the whole point of skipping the extended warranty, and investing that amount elsewhere. One can easily estimate the value using probabilities...That's how it's priced by the carrier: Deutsche Finance AG, subsidiary of Deutsche Bank AG if memory serves.
Actually, since everyone's mileage varies, I think those people who DO buy it seem to overlook the fact that the cost of Extended Wty is negotiable - just like any other *option* sold at a dealer...There's no reason to pay full MSRP...As always, shop around.
You know, re: this situation, I'm almost 100% sure that the timeframe for electing the Extended Wty is 12mos/10K mi. from date of original sale. Therefore, we must be discussing a "Certified Used BMW", correct?