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R60 Extended Warranty--yay or nay?

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Old 10-20-2016, 12:42 PM
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Extended Warranty--yay or nay?

Hi everyone! Newbie here. I just purchased a 16 Countryman S ALL4 and am loving it. While researching, one of the things that really concerned me was minis poor reliability reputation. I know it's sometimes luck of the draw, but what does everyone think of the extended warranty? Is it worth it? The Countryman will be my primary car and I typically average 15,000 miles a year, so the the manufacturers warranty will be burned through quickly. I was offered the bumper-to-bumper 5 year/100,000 extended warranty for $1990 ($200 deductible). Thoughts?? What about the maintenance plan upgrade? Thanks everyone for their feedback in advance, I'm excited to join the community.
 
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Old 10-20-2016, 12:55 PM
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Usually nay for me, i'd wait until you are close to warranty expiration to decide. Then shop around as dealers compete to sell those. High mark ups!
 
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Old 10-20-2016, 12:55 PM
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It's a MINI so yay but you can wait on the extended warranty. Also, yay on the extended maint. plan. it includes a clutch replacement till 100k!
 
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Old 10-20-2016, 01:02 PM
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Thanks! Quick follow-up, does the extended warranty price go up the longer you wait to purchase it? Say I decide to purchase it one month before my manufacturers warranty expires, will it be more expensive than getting it today?
 
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Old 10-20-2016, 01:09 PM
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It does but not by much(1-200 in my experience) from what you were quoted and you can shop around, MINI dealerships accept all sorts of extended warranties.
 
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Old 10-20-2016, 04:03 PM
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Is it a MINI warranty? If not it may only work at one delaership.

As for the MINI maintenance warranty, you can purchase it at any dealership (I purchased over phone/internet from Scottsdale MINI and it was cheaper than my dealer (they do not charge sales tax on warranties in AZ). I believe you can purchase it up to 36,000 miles so you have time. It paid for itself with clutch and brakes.
 
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Old 10-20-2016, 04:24 PM
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So for me, being new to MINI, and German in general, I went with a warranty, mostly because they gave it to me entirely free for making me wait a useless 3 hours while the finance guy chatted a friend up and no one told him I was waiting, but partly because of cost of repairs if something happened to it. Granted, I am a car guy, could probably fix anything and everything on the car if it breaks, but I like the extra peace of mind knowing that if something crazy happens, I am covered through 160k and 5 years. They often push these warranties because they gain credits and such for it, but if you have a solid finance guy, they should be doing it because they hopefully have been around long enough to know if it is worth it.
























Hope that helps.
 
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Old 10-20-2016, 05:49 PM
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What dealer gave you $2000 for waiting 3 hours? That's where I buy my next new MINI.
 
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Old 10-21-2016, 04:29 AM
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I say yay. Don't know if you have a manual or auto trans. Long story short. Bought my Mini last October w/ @14,000 miles on it. Had it 4 days and the clutch went out. My guess is previous owner drove stick like an a-hole. Dealer (not a MINI dealer) had to have it hauled 2 hours to the closest MINI dealer (Allentown), my dealer took care of buying the extended warranty @$2000.00 so the clutch would be covered. I've heard estimates of $3-4000 for a clutch job on this car. I know that's something I wouldn't want to have to come up with in a hurry. Ex. warranty covers 1 clutch replacement. So hopefully I'm doing a better job with the clutch than previous owner. Outside of trying to pull out in 3rd gear once in while, I think I do OK.
 
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Old 10-21-2016, 09:16 AM
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Originally Posted by Minnie.the.Moocher
What dealer gave you $2000 for waiting 3 hours? That's where I buy my next new MINI.


I bought it used, but it was a dealer in Colorado Springs. I highly recommend no one ever shops there based on my experience. I made out very well on the deal, but dealing with their nonsense was almost not worth it.
 




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