BMW i8 Extended Car Warranty Options

BMW cars are well-known for their performance and reliability. When the BMW i8 hit the market it stood out with its all-wheel-drive hybrid powertrain. The car was first unveiled at the 2013 Frankfurt Motor Show and first released to the public in 2014. However, this incredibly futuristic-looking sports car was discontinued in 2020. So you will want to hang on to your BMW i8. A good way to do that is to get protection against mechanical breakdowns. Let’s jump into BMW i8 extended car warranty options.

BMW Factory Warranty – Newly Bought BMW i8

BMW offers a car warranty that provides coverage for 4 years or 50,000 miles, whichever comes first, for a newly purchased vehicle. All BMW vehicles come with a 12-year corrosion warranty for unlimited miles. Which makes a lot of sense as BMW cars are predominantly sold in countries where snow is quite common, and we all know how salt for snow can contribute to surface rust on cars. However, the warranty is not transferable, which is slightly annoying. But you get a maintenance plan that covers the expenses of regular service for a period of 3 years or 36,000 miles. A pretty sweet deal in the end. 

BMW i8 Extended Warranty Options

Something particularly nice about owning a BMW is that you can purchase an extended warranty at the original purchase of the vehicle or at any time during the warranty period. The coverage is known as BMW Extended Service Contract. The BMW extended warranty plans cover you for 5 years/100,000 miles, 6 years/75,000 miles, 6 years/100,000 miles, 7 years/75,000 miles, or 7 years/100,000 miles. Though this does include the original warranty period as well. You really don’t gain very much and they are not easily renewed. 

BMW car warranty coverage also gives you access to 24/7 roadside assistance. With an extended warranty plan from BMW, you will be able to choose different coverage levels. These are Powertrain Plus, Gold, and Platinum plans. 

  • Powertrain Plus:
    • Engine (limited coverage)
    • Transmission (limited coverage)
    • Transfer case (all-wheel drive only)
    • Drive assembly (limited coverage)
    • Electrical (limited coverage)
    • Fuel system (limited coverage)
    • Induction system

 

  • Gold:
    • Engine 
    • Transmission 
    • Transfer case (all-wheel drive only)
    • Drive assembly
    • Electrical (limited coverage)
    • Fuel system 
    • Induction system
    • Steering
    • Brakes & ABS
    • A/C
    • Interior & Exterior (limited coverage)

 

  • Platinum:
    • Engine 
    • Transmission 
    • Transfer case (all-wheel drive only)
    • Drive assembly
    • Electrical
    • Fuel system 
    • Induction system
    • Steering
    • Brakes & ABS
    • A/C
    • Interior & Exterior (limited coverage)

The BMW i8 extended warranty directly from BMW is listed at around $5,889 as a total price. Though this is influenced by which plan you decide to go with for coverage. If you have purchased the i8 secondhand then certified pre-owned vehicles will qualify for the extended warranty plans. If you are thinking about buying a used BMW i8 you can be sure to check that it is a certified pre-owned vehicle. 

Vehicle Service Contracts for BMW i8

Perhaps you would like to take a look at other options outside of the manufacturer’s plans. A vehicle service contract, or VSC, is offered by third-party warranty providers and is able to offer fantastic coverage for mechanical failures. The plans are available on 3 different tiers of coverage which are the powertrain, powertrain plus, and most comprehensive coverage. 

A VSC can be taken out at any time during the lifespan of the vehicle and you will be able to choose a plan with better flexibility in terms and cost versus the manufacturer warranty. Making it a wonderful budget-friendly option. Nonetheless, we would still recommend shopping around and doing a comparison of plans before choosing one. 

Overall there are a few good reasons to have a VSC:

  • Repairs on critical parts after a mechanical breakdown are covered
  • If you travel frequently by car trip interruption services alleviate costs
  • If you are buying a used car that is outside of warranty
  • Option of added benefits like flare tire service or towing services
  • Being prepared for inevitable mechanical problems

For an idea of what it will cost through Chaiz, let’s take the 2016 BMW i8 with around 60,000 miles on the odometer as an example. You will be able to get covered for as little as:

  • Powertrain coverage for $102 per month
  • Powertrain Plus coverage for $132 per month
  • Most Comprehensive coverage for $169 per month

Extended vehicle protection is designed to alleviate the stress of having the repair bills occurring under unforeseen circumstances. Taking into account that mechanical issues do tend to happen in an unpredictable way it may be beneficial to shop around for coverage that will suit your needs.

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