R50/53 Is the 4th year extended warranty worth it?

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Dec 21, 2006 | 07:49 PM

#26

Jakemini

Thread Starter

1st Gear

Joined: Dec 2006

Posts: 40

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2bkalm,

I have a Mini price list from my dealer that lists extended warranties for seven years offered by GE. For a new Mini Cooper the price is $1933., and for a new Cooper S, the price is $2139.

Too bad about your other car; two transmission replacements is two too many. I have probably owned twenty or more cars in my lifetime and I have never had to replace a transmission. Sounds like a design flaw in that particular model. Hopefully you have had better luck with your Mini.

Jake

Dec 21, 2006 | 07:53 PM

#27

johnnymg

2nd Gear

Joined: Jan 2004

Posts: 81

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Quote:

Originally Posted by Jakemini

I was supposed to pick up my 2006 Mini Cooper today, however, Denver has received a few feet of snow and the roads are shut down. I spoke to my MA yesterday and he told me to peruse the Mini literature since I have the time, and reexamine the extended warrranty that is offered. Basically this extends the three year warranty from 3yr/36K mi to 4yr/50K mi; it is bumper to bumper coverage. The cost is $499. What has been the experience of owners in the 4th year? Is this program worth the asking cost?

Also, there is a multi shield 5 year plan which covers minor dent and door ding protection, windshield repair, tire and wheel coverage, plus roadside assistance for $550. Are the windshields on the 2006's problematic? My car will be kept in a garage and others cannot open their doors and ding my car.

I am aware of the profit center for the dealer with warranties, but sometimes they make sense. Thoughts on the above will be much appreciated. Thanks.

Jake

36 K miles.............. argh, that would be about 15 months for me.

Seems odd, because BMW has a 50K mile warranty on their cars.

JohnG

Dec 21, 2006 | 08:00 PM

#28

ScottRiqui

OVERDRIVE

Joined: Aug 2006

Posts: 7,201

Likes: 8

From: Norfolk, VA

Quote:

Originally Posted by johnnymg

36 K miles.............. argh, that would be about 15 months for me.

Seems odd, because BMW has a 50K mile warranty on their cars.

JohnG

The MINI warranty is 50k miles as well. Several posts on this thread have been using "warranty" when they mean "service agreement" or vice versa. It's the standard service agreement that's 36k.

Dec 21, 2006 | 08:14 PM

#29

Red Scooter

5th Gear

Joined: Jun 2006

Posts: 1,050

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From: Phoenix, AZ

+1 ^^^ That's what sold it for me. The 50K service costs more than the extended 'service plan' or whateve. Not to mention an 'oil' change costs $125 at my dealership.