Is it worth buying a BMW service plan?
With a BMW Pay Monthly Service Plan, you can spread servicing fees over time – protecting yourself against inflation and any future price increases*. If you decide to sell your BMW, you can transfer any unused balance to your next BMW, so you won’t lose the benefits of your plan. Third Party Extended Warranty Cost and Length While BMW’s extended warranty options are compelling, there are downsides. First of all, you’re only able to service the vehicle at a BMW dealership – not always convenient. Though the potential to save money is there, they are still very expensive.
What are the benefits of a BMW service plan?
Every new BMW begins with BMW Ultimate Care coverage for the first 3 years or 36,000 miles, so you’ll have peace of mind knowing that your BMW Scheduled Maintenance is covered. Plus, Roadside Assistance is included for 4 years and unlimited miles, 24 hours a day, 365 days a year. Almost any BMW has the potential to run for up to 200,000 or even 250,000 miles with proper maintenance–and there are always going to be outliers that go further. Since every new BMW includes complimentary factory-recommended maintenance through BMW Ultimate Care, it’s easy to start off on the right foot.While a BMW 3 Series can last 200,000-250,000 miles, there are many cases where 3 Series models have been driven more than 300,000 miles with no serious mechanical issues.FAQs: BMW M5 Years to Avoid Stay away from the 2006-2010, 2014, 1980s, and 1990-1995 vehicles. Unfortunately, they are filled with ample issues and will provide more trouble to drive than they are worth.
Are BMW service plans negotiable?
If you plan to keep your BMW for several years, consider negotiating a long-term maintenance plan instead of a single servicing package. Dealerships may offer discounted rates for multi-year plans or extended service coverage, which can provide savings over the long run. Long Term Repair Costs The average driver can expect to have their vehicle for about 7 to 10 years. Therefore, it is important to consider the overall long-term maintenance costs. As a German luxury vehicle, BMWs will tend to have higher than average overall long-term maintenance costs.On average, a new BMW will lose approximately 23. Five-year depreciation rates for the most popular BMW models average over 50%—well above the average for new vehicles. All vehicles lose value over time—but some lose it faster than others.Drivers are recommended to have a BMW oil change and filter replacement every 10,000 miles or 12 months. However, depending on your driving habits and the particular BMW model you drive, you may need to get a BMW oil change more frequently.