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      12-02-2013, 05:23 PM   #1
DINAN_GT
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Factory Warranty is Up: What should I do?

My factory warranty ended on 11/30:

The car is going to be kept for around 3-9 months more unless sold earlier, but now I worry what happens if something goes wrong?

My dealer told me I can purchase the extended warranty, however I must confirm if it lasts for 5 years from the production date or from the date the extended warranty was purchased, it costs $3700, and covers as much as the factory warranty I believe.

The car's spark plugs were changed, and before the warranty was up everything was checked to make sure nothing will go wrong anytime soon, and the car is in perfect shape now, but things can change instantly.

Any suggestions on what I should do? Let me know, thanks guys.
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      12-02-2013, 05:35 PM   #2
The X Men
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If its 3-9 months, I would risk it, its not worth $3700.
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      12-02-2013, 06:10 PM   #3
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Park it.
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      12-02-2013, 06:15 PM   #4
DINAN_GT
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Quote:
Originally Posted by raleedy View Post
Park it.


It's already been sitting in the garage for 2 weeks without a wash, I need to take the BEA5T out

Quote:
Originally Posted by The X Men View Post
If its 3-9 months, I would risk it, its not worth $3700.
What happens if there is some major malfunction? That's my only concern, considering it is an earlier build.
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      12-02-2013, 07:44 PM   #5
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Haven't you been wanting to sell the car? Just trade it in for what you want now.
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      12-02-2013, 07:59 PM   #6
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Quote:
Originally Posted by bake View Post
Haven't you been wanting to sell the car? Just trade it in for what you want now.
Well, I'm on the edge of putting it back up or keeping the car and doing a little more before I sell it, plus I won't get anything with trade-in, especially with the mods I put in.
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      12-02-2013, 08:02 PM   #7
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List it and be patient and pay the extra fees to not have the "reseller services" trolls bug you (on Autotrader, etc). You will only see hits for extremely interested parties.

I might have to do the same with my 535 within a year to snag an M3....I did do the Carmax thing and it was at least $3k below what I expected.
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      12-02-2013, 08:19 PM   #8
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our cars cost to much not to have a warranty.. thats why I only Lease.. well and cause its a write off for my company..
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      12-02-2013, 08:28 PM   #9
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Definitely buy the extended warranty, that plus making your car certified preowned will increase the overall value.
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      12-02-2013, 08:36 PM   #10
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That is why you never sell a modded car. Lose the sentimental feelings, part it out and make back maybe 60% of your mod money, then sell it stock or trade it in. I still am amazed when people actually think that modding a car raises its value, it doesn't!

Quote:
Originally Posted by DINAN_GT View Post
Well, I'm on the edge of putting it back up or keeping the car and doing a little more before I sell it, plus I won't get anything with trade-in, especially with the mods I put in.
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      12-02-2013, 09:16 PM   #11
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It depends how long you plan to keep the car. I own it so I'll def. be getting the 7yr/75k mile warranty. Should be good for me until 2018 when I can trade in or sell for the new 5 series.
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      12-02-2013, 09:44 PM   #12
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Sell it. Never own a newer model bmw out of warranty.
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      12-02-2013, 09:58 PM   #13
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Roll the dice. The chances of something going wrong that will cost you in excess of $3700 are small.
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      12-02-2013, 10:16 PM   #14
DINAN_GT
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Quote:
Originally Posted by kthankzbye
It depends how long you plan to keep the car. I own it so I'll def. be getting the 7yr/75k mile warranty. Should be good for me until 2018 when I can trade in or sell for the new 5 series.
So the extended warranty period starts from date purchased, not build date right?

Happy birthday btw!
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See more photos of it here...
Like my Wheels? They're 4 Sale... Click Here
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      12-02-2013, 10:33 PM   #15
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Quote:
Originally Posted by DINAN_GT
Quote:
Originally Posted by kthankzbye
It depends how long you plan to keep the car. I own it so I'll def. be getting the 7yr/75k mile warranty. Should be good for me until 2018 when I can trade in or sell for the new 5 series.
So the extended warranty period starts from date purchased, not build date right?

Happy birthday btw!
My understanding is that an extended warranty will not be honored by Dinan and since Dinan voids the Bmw warranty why would you even consider it?
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      12-02-2013, 10:35 PM   #16
DINAN_GT
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DINAN doesn't void BMW warranty, DINAN just has its own extra warranty.
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See more photos of it here...
Like my Wheels? They're 4 Sale... Click Here
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      12-03-2013, 05:23 PM   #17
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Quote:
Originally Posted by DINAN_GT
Quote:
Originally Posted by kthankzbye
It depends how long you plan to keep the car. I own it so I'll def. be getting the 7yr/75k mile warranty. Should be good for me until 2018 when I can trade in or sell for the new 5 series.
So the extended warranty period starts from date purchased, not build date right?

Happy birthday btw!
Thanks!

It starts from the purchase date. If you're still under warranty. You're extending it 2-3 more years. Which is about 1k a year.
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      12-03-2013, 05:42 PM   #18
DINAN_GT
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Quote:
Originally Posted by kthankzbye
Quote:
Originally Posted by DINAN_GT
Quote:
Originally Posted by kthankzbye
It depends how long you plan to keep the car. I own it so I'll def. be getting the 7yr/75k mile warranty. Should be good for me until 2018 when I can trade in or sell for the new 5 series.
So the extended warranty period starts from date purchased, not build date right?

Happy birthday btw!
Thanks!

It starts from the purchase date. If you're still under warranty. You're extending it 2-3 more years. Which is about 1k a year.
The warranty ended on 11/30. I purchased the extended warranty for $3600, which covers everything, however it only lasts for one more year, which is pretty pricey considering the factory warranty is no charge, yet adding one year on to it is over $3K. For another $800, I can extend it to two years, which will help sell the car quicker.

Although it's expensive, at least I have peace of mind, and the wife is happy (which is very important )

Thanks for all your feedback guys.
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      12-04-2013, 01:06 PM   #19
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If you have the Dinan software in your car, and you have the BMW extended warranty and something happens to your motor, BMW will blame Dinan and your Dinan warranty is expired so you'll be left empty handed. My car was under the BMW warranty and I spun a rod bearing at 42K and BMW left me high and dry. Luckily Dinan stepped in and dropped the 16K for a new long block.
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      12-04-2013, 03:21 PM   #20
DINAN_GT
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Quote:
Originally Posted by skalberti
If you have the Dinan software in your car, and you have the BMW extended warranty and something happens to your motor, BMW will blame Dinan and your Dinan warranty is expired so you'll be left empty handed. My car was under the BMW warranty and I spun a rod bearing at 42K and BMW left me high and dry. Luckily Dinan stepped in and dropped the 16K for a new long block.
Who said my DINAN warranty expired? I got DINAN less than a year ago.
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      12-04-2013, 11:40 PM   #21
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Quote:
Originally Posted by DINAN_GT
Quote:
Originally Posted by skalberti
If you have the Dinan software in your car, and you have the BMW extended warranty and something happens to your motor, BMW will blame Dinan and your Dinan warranty is expired so you'll be left empty handed. My car was under the BMW warranty and I spun a rod bearing at 42K and BMW left me high and dry. Luckily Dinan stepped in and dropped the 16K for a new long block.
Who said my DINAN warranty expired? I got DINAN less than a year ago.
If memory serves me correct and you can call Dinan to verify, but the Dinan warranty matches the factory warranty at 4yr/ 50,000 miles. I had Dinan installed on my car at 19K miles. Spun the rod bearing at 42K. Dinan said "good thing this didn't happen 8K miles later or you'd be SOL."
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      12-04-2013, 11:42 PM   #22
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