BMW X5 Extended Warranty Cost

BMW vehicles are well known for reliability, fantastic engines, and luxury.  The X5 is considered to be an all-rounder in the SUV world as it offers comfort and utility, though, mostly for on road versus off road use. Many in the USA find it to be an ideal car which is partly why the model has gained so much traction in popularity. A new BMW X5 xDrive40i, the most popular trim, goes for around $62,000. But what does it cost to have decent mechanical coverage for your BMW? In this article, we will take a look at the factory warranty cost and options available as well as the BMW X5 extended warranty cost and options.

BMW Factory Warranty 

When you buy a new vehicle from BMW you will get coverage for 4 years or 50,000 miles, whichever comes first. All BMW vehicles come with a 12-year corrosion warranty for unlimited miles. This is great should you find you have issues with surface rust. However, the warranty is not transferable. But you get a maintenance plan that covers the expenses of regular service for a period of 3 years or 36,000 miles. 

BMW 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 covers you for 7 years or 100,000 miles. Though this does include the original warranty period as well. So you really gain another 3 years warranty. 

BMW factory 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. Each cover the following components:

  • 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 2021 BMW extended warranty has been listed at around $1,600 per year. Though this is influenced by the model and trim. You also have the option to have extended warranty coverage with BMW for certified pre-owned vehicles. So if you are thinking about buying a used BMW X5 you can be sure to check that it is a certified pre-owned vehicle. 

What are Other Extended Vehicle Protection Options?

Another option for extended vehicle protection is a vehicle service contract. A vehicle service contract, or VSC, is offered by third-party warranty providers. The plans are available on 3 different tiers of coverage which are the powertrain, powertrain plus, and most comprehensive coverage. You will get similar coverage to a factory warranty, and in many cases better flexibility in your coverage plan.

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
  • If you are buying a used car outside of warranty
  • Option of added benefits
  • Being prepared for inevitable mechanical problems

Chaiz is the first online marketplace for extended vehicle protection in the form of a vehicle service contract. Through the search tool on our website you will find all the information you will need concerning coverage details and pricing within a few minutes.

Let’s take the 2017 BMW X5 with around 45,000 miles as an example. You will be able to get covered for as little as:

  • Powertrain coverage for $77 per month
  • Powertrain Plus coverage for $69 per month
  • Most Comprehensive coverage for $106 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.

Related articles.