06-21-2014, 01:29 PM | #23 |
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06-21-2014, 01:46 PM | #24 | |
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This will affect many people who buy a BMW new going forward ESPECIALLY an M car and those who want to sell/turn in their cars in the 1-3 year range. My last car was a lightly used 2008 M5 which I never would have bought had free maintenance not been transferrable. Oil changes alone in my M5 would have been $200 each. I would have had to shell out about $2500 more in the first year of ownership in my scenario (brakes needed replacing too). I could have afforded it but I was already on the fence about other options. This would have changed my mind. Even if people can still afford M cars, it doesn't mean people will still buy them as frequently vs. an alternative. Why would someone want to buy a lightly used M-car that is going to have a $2000 brake replacement needed in 6-12 months versus a comparable car they were strongly considering that covers it under maintenance? Your opinion on whether or not people should or shouldn't buy an M car if they can't afford it is irrelevant. They do anyway, and those that couldn't really afford it to begin with or those who were borderline being able to afford it now may bail knowing that their cost of ownership in their first 2 years might be up to $2000-$3000+ or more (oil, brakes, etc.). All of the above is going to drive down demand, which in turn will drive down the price people are willing to pay for used BMWs. This in turn will hurt every new BMW owner's pocket books if they're selling their car after 1-3 years, or have to turn in a lease after 3 years (residual drops). This really sucks for new BMW owners who like to sell their cars early/often, those who prefer to buy their cars used (like myself) so we don't take the big depreciation hits in the early years, and those who were barely able to get into the BMW brand/car type they wanted to begin with who might have to look elsewhere now. |
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06-21-2014, 01:48 PM | #26 |
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Nothing but cost cutting. Sure different owners will treat the cars a bit different, but the total warranty cost of a vehicle is very unlikely to change due to an change in ownership. This just gives BMW an easy way to cut many warranties short and save money. A very crappy consumer unfriendly policy. Thanks BMW...
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06-21-2014, 01:51 PM | #27 | |
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Extremely poor decision BMW, you are supposed to be "different," being one of the few to offer No maintenance guarantee. I might as well buy a Toyota or Honda at this point. |
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06-21-2014, 01:58 PM | #28 | |
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06-21-2014, 02:10 PM | #29 | |
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And as a side note...If someone wants an 80K car and can't afford the maintenance within the 1st of 2nd year of ownership, then they should be looking for a different car. Let's be honest here.
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06-21-2014, 02:14 PM | #30 | ||
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06-21-2014, 04:12 PM | #31 |
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I'm thinking the same thing!
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06-21-2014, 04:26 PM | #33 | |
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So yeah, probably around $1000-1500. While that's not that much spread out over a few years as an owner of a $65k car, likewise, it's a very cheap move by BMW to pull this. Not that it's going to effect me, I'm going to be the first owner anyways. |
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06-21-2014, 04:28 PM | #34 | ||
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06-21-2014, 04:30 PM | #35 | |
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06-21-2014, 04:33 PM | #36 | |
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But I will agree with you, if you need all 4 corners of your brakes replaced, that's easily the #1 spot where the maint program really pays dividends. For everything else, it's nice to have. Don't let me confuse though, I think this is a cheap move by BMW. It won't effect me, but I don't think it would sway my decision to buy a 2nd hand BMW either (as long as it's still in warranty). |
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06-21-2014, 04:37 PM | #37 | |
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06-21-2014, 06:26 PM | #38 |
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06-21-2014, 07:42 PM | #39 | |
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Secondary point, if the maintenance isn't transferrable, I'm assuming either the cost of purchasing the extended maintenance will be cheaper or BMW will pay for it there by selling less of those.
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06-21-2014, 10:02 PM | #40 |
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Don't need it and I'm fully capable of doing all routine maint on my cars, BUT...
Reallly cheap/lame move by BMW. First cutting enthusiast models to make room for more econoboxes and urban assault vehicles, then cutting R&D, then cutting transferable maintenance. What's next? Non-transferable warranties. That is what is next. As it is, my service center feels more like a Honda service dept than it used to. I use Honda as an example as it was the manufacturer of my last car and the horrible memories of their service dept are still vivid.
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06-22-2014, 04:57 AM | #41 | |
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Good point about the extended maintenance plans price reduction, I agree. |
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06-24-2014, 02:24 AM | #42 |
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A sales associate told me it could be transferred for a small fee. I'm curious how much, and I asked by email. Perhaps she was confusing this with the CPO warranty and its $200 warranty transfer fee?
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06-24-2014, 09:29 AM | #43 |
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07-01-2014, 12:33 PM | #44 | |
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It will have an impact on total cost of ownership which some folks, myself included use as part of their decision making process. All in all, it's a bad PR move by BMW but I bet it doesn't amount to much where the rubber meets the road. |
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