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Extend Coverage

Old Apr 8, 2021 | 02:41 PM
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535XIT, E63S
Extend Coverage

My 2018 E63 comes off warranty in late July and I was thinking of purchasing extend warranty coverage?

Has anyone done this pro/cons cost?

Thank you for your help
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Old Apr 14, 2021 | 10:32 AM
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There are a lot of discussion about this all over the forum.
The bottom line is that if you want to keep your vehicle for three more years and it has had some issues already since you bought it, then getting an ELW is imperative.
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Old Apr 14, 2021 | 10:59 AM
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I have no issues and wonder what the cost is and does it change deal to dealer?
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Old Apr 14, 2021 | 11:37 AM
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Originally Posted by V70cat
I have no issues and wonder what the cost is and does it change deal to dealer?
Did you purchase it new or CPO?
If it was bought new then yes you can get an ELW before the factory warranty expires.
Do a search for Cassandra Castro or Jeff Jackson. Both of the them have the best prices for ELW.
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Old Apr 15, 2021 | 07:38 AM
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Extended warranties on any product are always a crap shoot; you will always pay them, but they may or may not end up paying you. Another option to consider is simply placing the cash you would've paid for the warranty in a savings account and leaving it there. If the car needs a major repair, pay for it from that account; if you have no trouble with the car, you still have your cash and you've earned some interest. That's what Consumer Reports always recommends.
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Old Apr 16, 2021 | 07:14 AM
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Do as MR Toad said but I would add..
If the car has issues now... unload it.... and start over with something else.

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