R56 Power train extended warranty
#26
richardsperry, Fidelity Warranty Services has been around for over 30 years. I don't see them going anywhere soon. And I don't regard them as a fly-by-night service if BMW/MINI is using them through their dealerships.
bagwell, you would need to provide more details about the price you were quoted, to include what all the warranty they offer covers. I know exactly what mine covers. As with your other post, I agree... if you have better suggestions, please post.
bagwell, you would need to provide more details about the price you were quoted, to include what all the warranty they offer covers. I know exactly what mine covers. As with your other post, I agree... if you have better suggestions, please post.
#27
I'm confused. I know the "free" maintenance runs out at 3/36 but doesn't the main powertrain warranty last until 4 years/50K miles? I thought I had until the 4th year of when I took delivery of my car to make this decision. I bought my car in April of 2007 so wasn't worrying about the powertrain warranty extension until April of 2011. Did I get something mixed up?
#29
I'm confused. I know the "free" maintenance runs out at 3/36 but doesn't the main powertrain warranty last until 4 years/50K miles? I thought I had until the 4th year of when I took delivery of my car to make this decision. I bought my car in April of 2007 so wasn't worrying about the powertrain warranty extension until April of 2011. Did I get something mixed up?
#30
kukaepe, I just wanted to clarify a couple of things if I could. You mention a "powertrain warranty". The MINI 4/50K warranty is a full coverage "Bumper to Bumper” warranty, not a “Powertrain Warranty".
Years ago some companies offered different types of warranties on their cars. I don't know how old you are but back in the 60's & 70's the standard full coverage "bumper to bumper” warranty was 12/12, as in 12 months and 12,000 miles whichever came first. As years went by and the Auto market got more competitive manufacturers began offering “extended warranty” coverage for the major “drivetrain” components of the car. These “drivetrain warranties” covered the engine, transmission, driveshaft, and the rear axle and that’s it, No cigarette lighters, power windows etc. Another popular warranty was the “outer body rust through warranty”. There were a bunch of them. So you would see a standard full coverage “bumper to bumper” warranty was 12/12, with extended powertrain warranty of 3/36 or 5/50. Forget about maintenance programs, those only started recently.
Now, “Extended Warranty” programs are not actually product warranties like the 4/50 you get from the car’s manufacturer, they are insurance policies that pay for covered repairs. They are really very different types of contracts. You can get one of these contracts from a number of sources. Because they are really insurance policies the prices and the terms and provisions may vary significantly from one seller to the next. I would ask around and check Consumer Reports for their recommendations.
Good Luck
My 2 cents
Years ago some companies offered different types of warranties on their cars. I don't know how old you are but back in the 60's & 70's the standard full coverage "bumper to bumper” warranty was 12/12, as in 12 months and 12,000 miles whichever came first. As years went by and the Auto market got more competitive manufacturers began offering “extended warranty” coverage for the major “drivetrain” components of the car. These “drivetrain warranties” covered the engine, transmission, driveshaft, and the rear axle and that’s it, No cigarette lighters, power windows etc. Another popular warranty was the “outer body rust through warranty”. There were a bunch of them. So you would see a standard full coverage “bumper to bumper” warranty was 12/12, with extended powertrain warranty of 3/36 or 5/50. Forget about maintenance programs, those only started recently.
Now, “Extended Warranty” programs are not actually product warranties like the 4/50 you get from the car’s manufacturer, they are insurance policies that pay for covered repairs. They are really very different types of contracts. You can get one of these contracts from a number of sources. Because they are really insurance policies the prices and the terms and provisions may vary significantly from one seller to the next. I would ask around and check Consumer Reports for their recommendations.
Good Luck
My 2 cents
Last edited by djdraddy; 05-23-2010 at 03:04 PM.
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