Quote:
Originally Posted by hramdon
I have a 2011 550i Msport with roughly 47k miles. BMW says extended warranty alone will be near $5k. I called a local BMW service shop for their advice and they recommended getting the warranty since it is a 550i. He says you will roughly spend $2500 per year on "leaks", and after 75k miles the "honeymoon is over."
He said to look into other 3rd party warranty companies, but noted that none of the warranty companies want to pay out when it comes time to have repairs done.
Makes me really frustrated. Any thoughts or advice?
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You can replace the car with a new one, with maintenance and warranty. As someone above mentioned, leasing is a good option. Or you can salt away $2500/year for repairs. Either way, it's not an inexpensive car to own, but it does have its rewards, as I'm sure you know.