Should I buy from BMW direct or not?
Thank you so much for answering my other question. You are providing a fantastic service.
I am planning on buying a BMW 520d (2010 or 2011). BMW dealers offer a two-year warranty but charge more for the car. I was wondering if it would be better/possible to buy from another SIMI dealer and maybe purchase a warranty myself from BMW at www.bmw-warranty.ie
Thanks a million, Bill
Bill Hughes (Dublin)Jan 2014 Filed under: warranty
Expert answer
Hi Bill, glad we're of assistance - spread the word!
In answer to your question, it's something of a yes and no. Yes, you could potentially find a cheaper 5 Series by shopping somewhere other than a franchised BMW dealer, but why then try and buy a warranty from BMW? Part of BMW's second hand car warranty package is a full inspection of the vehicle and a check of all major components. Assuming that they would warranty your car unseen, there would almost certainly be a loading on the premium to reflect the fact that they are effectively insuring an unknown car against failure.
So, I would suggest one of two things - either stick with the full franchised BMW second hand package (which is actually pretty keenly priced once you factor everything in) or buy elsewhere and go to a third party for the warranty insurance. Mapfre is pretty much the only game in town in Ireland for aftermarket warranties at the moment, and it has a simple online application form so you can work out the cost of the warranty before you buy the car. Here's the company's website.
Neil Briscoe - Complete Car Adviser@neilmbriscoe