Re: EXTENDED WARRANTY(97'm3)/ help/need feedback

["JOHN FAGERLUND" <jrf@xxxxxxxxxx>]

You can talk statistics, but I believe what you really need to look at is
your ability to absorb the cost of a major failure.  I'm sure there are
those out there that will never see the cost recovered, but there are also
those who have used it and glad they had it.

I work with a 530i owner who recouped the cost of his extended warranty
when his a/c went out.  Everything now on is on them.

I called Dinan and asked their service department about extended
warranties.  The response was, these are expensive cars to work on and the
warranty can pay for it self.

With this info and responses from others on the list, I purchased one for
my 540iA.  It is transferable as well.


John Fagerlund
'95 540iA, BMWeee (covered until 2003 and 107kmi)


>
>Date: Fri, 22 Jan 1999 14:22:51 -0800
>From: Rick Weiss <rickw@domain.elided>
>Subject: Re: EXTENDED WARRANTY(97'm3)/ help/need feedback
>
>> 
>
>> From: DKoelmelM3@domain.elided
>> I NEED THE FOLLOWING HELP?
>> - -----How many of you have or have had an extended warranty and has
>> it paid for itself?
>
>Remember that the company that sells the warranty uses statistics
>from lots of cars to be sure that they make money.  So they price
>the warranty for each car according to the expected costs for claims.
>
>> - ------In terms of resale does it pay for itself ? My cars are
>> always like new when sold and I always sell them myself rather then
>> trade. Is the ext. warranty a real big selling feature to a
>> prospective buyer ?
>
>Is the warranty transferable?
>
>- --rickw
>

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