2018 M3 Imola Red / Black Interior

M3nmotion18 · 08-05-2018, 01:35 AM

Hello, I purchased 2018 M3 Imola Red / Black interior today. I have a question about extended warranty. While I was signing the paperwork, I got the extended warranty for 7 years for $3675 plus tax and i can cancel anytime within 30 days. Should I keep this or cancel? I'm planning to keep the car for 5 years and I thought If I'm selling the car after 5 years, having an extended warranty will be better for the buyer and helps to sell car faster?

What do you guys think?

Thank you!

///M4ster Yoda · 08-05-2018, 02:12 AM

I'm not so sure you can transfer that warranty to a "new" buyer down the road. I would check on that. Personally I wouldn't get the extended warranty. I know that in my situation the car will be gone by then and it would be a waste of money. Good luck

gatorfast · 08-05-2018, 07:09 AM

If you are only planning to keep the car for 5 years then I would ditch the extended warranty as you will only be using a portion of it and will only get pennies on the dollar if it is indeed transferable.

Habber · 08-05-2018, 07:52 AM

If warranty is transferable, it's worth it if you want to sell it earlier to a new buyer imo.

Clark_Kent · 08-05-2018, 08:07 AM

I would cancel it. I don't see a buyer caring that much.

M3nmotion18 · 08-05-2018, 08:20 AM

Hello,

I was told that it is transferable. I just need to pay the transferable fee of $25.00. Financial advisor was explaining to me how expensive M3 parts if something goes wrong with the engine, etc... Thanks for the responses.

shimmy23 · 08-05-2018, 06:43 PM

Warranty is valuable for me

Hit me up when you are selling

M3nmotion18 · 08-05-2018, 08:28 PM

I'll do that.

AlexN · 08-05-2018, 08:46 PM

Anyone can get an aftermarket warranty at any point
You already have a rare individual color, I think that would be enough to help you sell the car in 5 years.

CarbonFiberCo · 08-05-2018, 09:24 PM

Congrats on the new purchase!

Some buyers care about the extended warranty, and others really couldn't care less, so I'd say go with whatever you''d feel comfortable with. Personally, I wouldn't get the extended warranty as the car would be gone well before the end.

Speedwell-Industries · 08-05-2018, 11:51 PM

Beautiful!

uniqueMR · 08-06-2018, 12:01 AM

Congrats. Nice color...

M3nmotion18 · 08-06-2018, 01:47 AM

Thank you! I will think about it!

maniz · 08-06-2018, 02:58 AM

Quote:

Originally Posted by M3nmotion79

Hello,

I was told that it is transferable. I just need to pay the transferable fee of $25.00. Financial advisor was explaining to me how expensive M3 parts if something goes wrong with the engine, etc... Thanks for the responses.

What? The finance manager tried to sell you something that gives them a far greater profit margin % than the car? I am astonished!

Ditch it. Not worth it.

ellipsis212 · 08-06-2018, 05:39 AM

Yep. Car has a warranty. You can decide later if you want to extend it. Return

Brasko · 08-06-2018, 08:35 AM

Love the F80 in Imola, especailly with the dark ZCP wheels.

I'd save the $3675 and spring for a couple gallons of paint for the garage walls. With the money left over, you can purchase a few mods (or one expensive one) to personalize your M even further.

Enjoy the new ride!

shockin330i · 08-06-2018, 08:53 AM

In my opinion if you're keeping the car five years, keep the service contract. It's one of those it's better to have it and not need it than need it and not have it.

M3nmotion18 · 08-06-2018, 11:49 AM

Quote:

Originally Posted by Brasko

Love the F80 in Imola, especailly with the dark ZCP wheels.

I'd save the $3675 and spring for a couple gallons of paint for the garage walls. With the money left over, you can purchase a few mods (or one expensive one) to personalize your M even further.

Enjoy the new ride!

Haha, I know, I'm already looking to get CF parts....

Thank you!!

M3nmotion18 · 08-06-2018, 12:01 PM

Quote:

Originally Posted by maniz

What? The finance manager tried to sell you something that gives them a far greater profit margin % than the car? I am astonished!

Ditch it. Not worth it.

Yup, Finance manager tried for other packages as well, but didn't get it... and I got this one because I can cancel within 30 days and wanted to do some research and decide.

Thanks!

BigHunk · 08-06-2018, 12:10 PM

Nice color!
Keep the warranty,because it's high maintenance vehicle,it will pay off in those extra 3 years,plus it's easier to sell car with warranty.
Have fun with car.

M3nmotion18 · 08-06-2018, 01:10 PM

Quote:

Originally Posted by BigHunk

Nice color!
Keep the warranty,because it's high maintenance vehicle,it will pay off in those extra 3 years,plus it's easier to sell car with warranty.
Have fun with car.

Thank you!

PARTS@STBMW · 08-06-2018, 05:36 PM

Congratulations!

08-05-2018, 01:35 AM	#1
M3nmotion18 Captain 390 Rep 661 Posts Drives: 2018 IR ZCP BM3 Join Date: Aug 2018 Location: Seattle, WA iTrader: (1) Garage List 2018 BMW M3 [9.73] 2021 MINI COOPER [10.00] 2023 GENESIS GV60 [10.00] 2017 LEXUS RX350 [10.00]	2018 M3 Imola Red / Black Interior Hello, I purchased 2018 M3 Imola Red / Black interior today. I have a question about extended warranty. While I was signing the paperwork, I got the extended warranty for 7 years for $3675 plus tax and i can cancel anytime within 30 days. Should I keep this or cancel? I'm planning to keep the car for 5 years and I thought If I'm selling the car after 5 years, having an extended warranty will be better for the buyer and helps to sell car faster? What do you guys think? Thank you! Attached Images Last edited by M3nmotion18; 08-05-2018 at 01:43 AM..
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08-05-2018, 02:12 AM	#2
///M4ster Yoda Banned 4602 Rep 4,265 Posts Drives: '16 F82 M4 Join Date: Jun 2016 Location: Long Island, NY iTrader: (1)	I'm not so sure you can transfer that warranty to a "new" buyer down the road. I would check on that. Personally I wouldn't get the extended warranty. I know that in my situation the car will be gone by then and it would be a waste of money. Good luck
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08-05-2018, 07:09 AM	#3
gatorfast Major General 5022 Rep 6,870 Posts Drives: 718 Cayman Join Date: Jan 2008 Location: SoFla iTrader: (4)	If you are only planning to keep the car for 5 years then I would ditch the extended warranty as you will only be using a portion of it and will only get pennies on the dollar if it is indeed transferable.
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08-05-2018, 07:52 AM	#4
Habber Colonel 3519 Rep 2,008 Posts Drives: BMW M3 2024 Brooklyn Grey SOLD Join Date: Sep 2016 Location: Canada iTrader: (1) Garage List [9.83]	If warranty is transferable, it's worth it if you want to sell it earlier to a new buyer imo.
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08-05-2018, 08:07 AM	#5
Clark_Kent Lieutenant Colonel 2240 Rep 1,899 Posts Drives: Retired Join Date: Jul 2014 Location: Atlanta, GA iTrader: (0)	I would cancel it. I don't see a buyer caring that much.
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08-05-2018, 08:20 AM	#6
M3nmotion18 Captain 390 Rep 661 Posts Drives: 2018 IR ZCP BM3 Join Date: Aug 2018 Location: Seattle, WA iTrader: (1) Garage List 2018 BMW M3 [9.73] 2021 MINI COOPER [10.00] 2023 GENESIS GV60 [10.00] 2017 LEXUS RX350 [10.00]	Hello, I was told that it is transferable. I just need to pay the transferable fee of $25.00. Financial advisor was explaining to me how expensive M3 parts if something goes wrong with the engine, etc... Thanks for the responses.
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08-05-2018, 06:43 PM	#7
shimmy23 F15 daddymobile 2356 Rep 3,520 Posts Drives: GS X5 Join Date: Aug 2011 Location: WA iTrader: (3)	Warranty is valuable for me Hit me up when you are selling __________________ -brandon F15 Glacier Silver journal
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08-05-2018, 08:28 PM	#8
M3nmotion18 Captain 390 Rep 661 Posts Drives: 2018 IR ZCP BM3 Join Date: Aug 2018 Location: Seattle, WA iTrader: (1) Garage List 2018 BMW M3 [9.73] 2021 MINI COOPER [10.00] 2023 GENESIS GV60 [10.00] 2017 LEXUS RX350 [10.00]	I'll do that.
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08-05-2018, 08:46 PM	#9
AlexN Lieutenant 176 Rep 546 Posts Drives: 2018 SMB M3CS Join Date: Oct 2010 Location: Miami iTrader: (7)	Anyone can get an aftermarket warranty at any point You already have a rare individual color, I think that would be enough to help you sell the car in 5 years.
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08-05-2018, 09:24 PM	#10
CarbonFiberCo Second Lieutenant 106 Rep 211 Posts Drives: F82 M4 Join Date: Nov 2015 Location: New York iTrader: (0)	Congrats on the new purchase! Some buyers care about the extended warranty, and others really couldn't care less, so I'd say go with whatever you''d feel comfortable with. Personally, I wouldn't get the extended warranty as the car would be gone well before the end.
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08-05-2018, 11:51 PM	#11
Speedwell-Industries 434 Rep 884 Posts Drives: 2017 YMB M3 Join Date: Jun 2018 Location: Southern California iTrader: (0)	Beautiful!
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08-06-2018, 12:01 AM	#12
uniqueMR Colonel 1883 Rep 2,924 Posts Drives: ... Join Date: Dec 2017 Location: USA iTrader: (0)	Congrats. Nice color... __________________ Currently: '22 Ferrari F8 \| '24 Mercedes G63 \| '24 Porsche GT3RS \| '24 Volkswagen GTI Previous BMWs: 340i, 740i, 745Li, M3, M4 Previous Others: Audi, Ducati, Honda, Infiniti, Land Rover, Mercedes-Benz, MINI, Mitsubishi, Porsche, Toyota, Volkswagen
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08-06-2018, 01:47 AM	#13
M3nmotion18 Captain 390 Rep 661 Posts Drives: 2018 IR ZCP BM3 Join Date: Aug 2018 Location: Seattle, WA iTrader: (1) Garage List 2018 BMW M3 [9.73] 2021 MINI COOPER [10.00] 2023 GENESIS GV60 [10.00] 2017 LEXUS RX350 [10.00]	Thank you! I will think about it!
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08-06-2018, 05:39 AM	#15
ellipsis212 Colonel 1619 Rep 2,161 Posts Drives: 2017 M3 Join Date: Jun 2009 Location: RVA iTrader: (5) Garage List 2018 BMW M3 [0.00]	Yep. Car has a warranty. You can decide later if you want to extend it. Return
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08-06-2018, 08:35 AM	#16
Brasko #LSBM3 1423 Rep 1,973 Posts Drives: 2016 BMW M3 Join Date: Feb 2015 Location: Oregon / Florida iTrader: (4) Garage List 1984 BMW R65 [0.00] 2020 Ford F-150 XLT ... [0.00] 2003 Mitsubishi Evo ... [0.00] 2016 M3 Competition ... [10.00]	Love the F80 in Imola, especailly with the dark ZCP wheels. I'd save the $3675 and spring for a couple gallons of paint for the garage walls. With the money left over, you can purchase a few mods (or one expensive one) to personalize your M even further. Enjoy the new ride! __________________ /// M3
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08-06-2018, 08:53 AM	#17
shockin330i Brigadier General 798 Rep 4,784 Posts Drives: 2016 ZCP M3 Join Date: Jan 2007 Location: f y'all, I'm from Texas (RGV) iTrader: (1)	In my opinion if you're keeping the car five years, keep the service contract. It's one of those it's better to have it and not need it than need it and not have it.
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08-06-2018, 12:10 PM	#20
BigHunk ///M 270 Rep 385 Posts Drives: X5M , iX , S1000XR Join Date: Jun 2018 Location: Edmonton iTrader: (0)	Nice color! Keep the warranty,because it's high maintenance vehicle,it will pay off in those extra 3 years,plus it's easier to sell car with warranty. Have fun with car. __________________ not rich enough to buy cheap
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08-06-2018, 05:36 PM	#22
PARTS@STBMW 2712 Rep 7,300 Posts Drives: BMW Join Date: Nov 2011 Location: Camarillo, CA iTrader: (4)	Congratulations!
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