BMW Insured Warranty

Thanks very much. I was a little early. I rang them and they are sending a quote to me in 4 days. I was very surprised at the price. The 1 and 3 series and also the X3 are all in the same price band for up to 60k miles.

Fully Comprehensive including full breakdown with £100 excess is £509.31 per annum. If paying by monthly Direct Debit it is £54.25 per month. This equates to £651.00 per annum. It therefore makes sense to pay the full price (£509.31) all in one go if it does not hurt the pocket.

As people who have the Mondial Policy know, if you sell the car during the policy period (paid annually) you will get back the pro rata rate minus £25 admin fee. But, if you have had a claim in that 1 year period you will not get any monies back. If however, you are paying monthly by DD and make a claim and then sell the car, you lose nothing because you just cancel the DD at car exchange time.

Yes it was a typo. Car was new on 24th October 2013 and warranty expires 23rd October 2016. Sorry!

 

That's a good price, I am paying £87 per month with £100 excess. Seems like a bargain you have there.

 

Presumably that is because yours is a 5 Series (costs more) and also you are paying by direct debit that also costs more?

 

Dunno? I paid £894 outright last year

 

So higher price has to be for the 5 series or the car has done more than 60k miles?

 

No, less than 50k still. Maybe they just expect to pay out more on a 5, which makes no sense as an X3 is just as complicated especially with your spec.

 

Think my F30 320D ED 2012 costs £45.75 a month now, think it gone up twice since i been paying monthly.... started at £43 i think.l.. and mine has only done approx 27.1k miles.

 

So I'm paying double you, Kev. And you have a dodgy timing chain engine!

 

that is a great price for your warranty with breakdown cover, I would be very happy with that

my last payment on the E60 520D with the N47 engine built in 2009 with a glass timing chain and sub 60k miles cost me £76.65 so around £900.00 a year with breakdown cover and £100.00 excess so looks like the cost of warranty on the 5er is a good bit more expensive than the 3 series assuming that what the X3 is classed as for warranty purpose rather than being in an suv class

 

@kleynie I didn't think the timing chain issue affected the F30 model, i thought it was for the previous version(s)? Not quiet double, but not far off You can always buy a 3 series Insurance is still a bit steep mine is approx £600 a year

Yeah @mach one it's not too bad, i believe my warranty is up to 50k miles and then the price will go up if i continue with the warranty. At rough figures, should get another 2 and a bit years before i go over 50k miles. i average approx 8k a year give or take, then will see if the price rockets up... by then car will be around 7 years old so not too bad...

 

@Kev2005 the Issue was with the N47 diesel engine that was fitted across the entire BMW range as well as my old 520D E60s, the main problem engines were built between 2009 and 20011 and this is the time period that saw the most failures, in 2011 they introduced a modification to the crankshaft, bottom sprocket, timing chain, and tensioners so i would assume that your car has the modded N47 engine fitted being a 2012 car

the modded engine seems to be a lot better than the earlier N47 motors but there has been a few stories of noisy chains and the odd story of a chain failing, but considering the massive numbers of the N47 eninges that were made and fitted to every car across the range i wouldn't loose any sleep over owning a 2012 N47 motor and also your insured warranty is all you need to put your mind at rest

 

@mach one thanks - yeah i have the full comp warranty, from what i remember reading ages ago it seems to affect cars with 70/80k miles and over - is that still true or is it on lower mileage cars also? Just wondering so i can keep a listen out as atm i just get in, push the start button and drive off, I don't really listen to the engine, its always been loud at idle but when moving you don't hear it as much.

kev

 

I know of a 30k miles F10 with the timing chain issue, that is a 2011 car.

 

ok sounds good to me thanks

 

@Kev2005

there is no real set pattern to the N47 engine problems, if I were you i would just carry on as you are now get it serviced in line with the condition based service requirements and keep your warranty up to date for peace of mind, your car was built well after the N47 was modded, as i said i wouldn't stress about it

my 2009 520D was in for service and the service advisor came over to me in the waiting area the tell me the car was ready, he then said have you noticed a rattling noise from under the bonnet at this point my heart sank thinking the worst, he then went on to say the air filter housing had come loose and was rattling about and they have replaced the screw and resecured it so all was good

as i said mine was built in early 2009 and was one of the ones that were supposed to be really troublesome but i never had an issue but that said the car only had 56K on the clock when it was sold

 

Thanks!

I thought extended warranty was kept same price if below 50 or 60k miles then price went up? I'd have to check it again but sure mine said that shen taking it up....