Bringing a car in to dealership for the first time to purchase X Warranty

XeroZeus · 02-06-2013, 04:48 PM

Featured on BIMMERPOST.com

Hello M3Post,

Recently purchased an e90 M3 with 42k miles on it from a dealership on eBay (Texas Import Sales). I LOVE the dealership nearby to my house (Fields). I love the service there and all of the small perks of being affiliated (free breakfasts and lunches, car washes, personable, etc.) Do I just drive my car to the dealership and ask for quotes on the extended warranty? Is there anything to be aware of as far as the negotiating process? I did a search a few days ago and saw a statistic along the lines of dealers normally having about a 38% markup on the price.

Any advice helps

THE TECH · 02-06-2013, 04:56 PM

I would get quotes from several dealers. When I got mine, Steve Thomas BMW was the cheapest around.

hova00 · 02-06-2013, 10:31 PM

I bought my extended warranty thru Steve Thomas BMW and they were cheaper than the dealers that i checked out.

MSPORTWORLD · 02-07-2013, 12:34 PM

Quote:

Originally Posted by hova00

I bought my extended warranty thru Steve Thomas BMW and they were cheaper than the dealers that i checked out.

Ditto I got a quote from them as well

Coltgus · 02-07-2013, 07:54 PM

If you live in Florida you cannot get a discount on a BMW extended warranty. I know this to be true because when I bought one at a discount from Schaffer BMW in NC the computer would not allow him to continue with my Florida address. I had a Michigan address that I could use. I'm a Fields customer in Lakeland. You can just talk to their finance manager. If you want a BMW warranty ( the only kind I'd buy ) there is no point in checking with other dealers in Florida because the price will be the same since it is a regulated insurance product.

gimmethemuumuu · 02-07-2013, 11:20 PM

My credit union is offering some pretty competitive rates on a warranty for my 2008 E90 M3 with 25K miles. And, I'll be able to finance it along with the car so I get a monthly rate for the warranty rather than a lump sum all at once up front.

XeroZeus · 02-08-2013, 08:55 PM

Quote:

Originally Posted by Coltgus

If you live in Florida you cannot get a discount on a BMW extended warranty. I know this to be true because when I bought one at a discount from Schaffer BMW in NC the computer would not allow him to continue with my Florida address. I had a Michigan address that I could use. I'm a Fields customer in Lakeland. You can just talk to their finance manager. If you want a BMW warranty ( the only kind I'd buy ) there is no point in checking with other dealers in Florida because the price will be the same since it is a regulated insurance product.

Darn.

I really do like Fields though.

02-06-2013, 04:48 PM	#1
XeroZeus Enlisted Member 8 Rep 41 Posts Drives: BMW M3 Join Date: Jan 2013 Location: Central Florida iTrader: (0)	Bringing a car in to dealership for the first time to purchase X Warranty Featured on BIMMERPOST.com Hello M3Post, Recently purchased an e90 M3 with 42k miles on it from a dealership on eBay (Texas Import Sales). I LOVE the dealership nearby to my house (Fields). I love the service there and all of the small perks of being affiliated (free breakfasts and lunches, car washes, personable, etc.) Do I just drive my car to the dealership and ask for quotes on the extended warranty? Is there anything to be aware of as far as the negotiating process? I did a search a few days ago and saw a statistic along the lines of dealers normally having about a 38% markup on the price. Any advice helps
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02-06-2013, 04:56 PM	#2
THE TECH BimmerPost Supporting Vendor 307 Rep 13,093 Posts Drives: BPMsport 2012 E92 M3 Join Date: Jun 2011 Location: Kansas iTrader: (45) Garage List 2013 Nissan GTR [0.00] 2019 Sierra Denali ... [0.00] 1999 Nissan Silvia [0.00] 1999 Nissan Skyline ... [0.00] 1998 Toyota Supra [0.00]	I would get quotes from several dealers. When I got mine, Steve Thomas BMW was the cheapest around.
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02-06-2013, 10:31 PM	#3
hova00 Major 1191 Rep 1,360 Posts Drives: G80 M3C Join Date: Apr 2008 Location: EAST COAST iTrader: (7)	I bought my extended warranty thru Steve Thomas BMW and they were cheaper than the dealers that i checked out.
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02-07-2013, 07:54 PM	#5
Coltgus Chairman of the Bored 5 Rep 49 Posts Drives: 2013 M3 E92 Join Date: Nov 2012 Location: Central Florida iTrader: (0)	If you live in Florida you cannot get a discount on a BMW extended warranty. I know this to be true because when I bought one at a discount from Schaffer BMW in NC the computer would not allow him to continue with my Florida address. I had a Michigan address that I could use. I'm a Fields customer in Lakeland. You can just talk to their finance manager. If you want a BMW warranty ( the only kind I'd buy ) there is no point in checking with other dealers in Florida because the price will be the same since it is a regulated insurance product. __________________ I'm on my 9th and 10th BMWs. 2012 328i Coupe 2013 M3 Coupe
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02-07-2013, 11:20 PM	#6
gimmethemuumuu Captain 80 Rep 945 Posts Drives: '17 F80 M3, SO/Bk Join Date: Apr 2009 Location: Indianapolis, IN iTrader: (15)	My credit union is offering some pretty competitive rates on a warranty for my 2008 E90 M3 with 25K miles. And, I'll be able to finance it along with the car so I get a monthly rate for the warranty rather than a lump sum all at once up front.
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