How much is the BMW protection plan?
Most of the BMW Extended warranty costs between $3,000 and $4,000, but prices vary depending on coverage selected, the year of your BMW and its condition. Top tier Platinum Plans can cost more than $6,000 for a 5 year/100,000-mile. A BMW Gold Warranty can cost around $3,500 for a 7 year/75,000-mile. An extended warranty price represents a percentage of the total product cost. As a general rule of thumb, you shouldn’t spend more than 30% of the product cost on a product warranty.Cons of an Extended Warranty Extended warranties require an upfront payment or are added to your financing, increasing your total cost. If you don’t end up using it, you may feel like you paid for something you didn’t need. Depending on the warranty plan, some repairs may not be included.Based on this data, extended auto warranties cost an average of $1,297 per year across providers, plans, coverage options and vehicles. We also surveyed 1,000 extended auto warranty owners in January 2025. The majority of respondents, 70%, paid between $500 and $2,500 in total for an extended warranty plan.An extended warranty typically costs an average of $600 to $2,000 per year, but that varies widely based on where you buy the warranty, the reliability of the vehicle the warranty covers, and other factors. The price of an extended warranty also is negotiable.The short answer is “no. Mark Kotkin, Director of Consumer Reports National Research Center, says that “extended warranties tend to be a bad deal for consumers” because “most repairs do not occur during the limited time period covered by the extended warranty. Sheila Adkins, Community Outreach Manager for the Better .
How much do car protection plans cost?
Find a warranty to cover future costs. Extended car warranties cover repairs after your factory warranty expires, helping protect you from unexpected repair bills. On average, they cost $600 to $1,000 per year, though actual prices vary depending on coverage level, vehicle type and provider. BMW Extended Warranty Cost Based on our research, a BMW extended warranty costs between $1,920 and $4,560 depending on the specific model, its age and mileage, your preferred coverage level and the coverage term.Extended warranties can be expensive, and the upfront cost may outweigh the potential benefits. If the warranty price is high compared to the average repair costs for your car model, it may not be worth the investment. Consider evaluating your budget and repair history before making a decision.Extended warranties for cars over 100,000 miles cost $136 per month or $1,398 per year of coverage on average.Extended warranties for cars over 100,000 miles cost $136 per month or $1,398 per year of coverage on average.
Is BMW insurance worth it?
The average cost of BMW GAP insurance is £249. The average BMW claimant saves £5,028. Moreover, our second-most common claim involves a BMW. Generally, an insurance policy for a higher-end vehicle like a BMW will cost more than average. For example, the average cost of full coverage insurance for a BMW M3 is 73 percent more than the national average, at $385 per month.The official BMW Extended (Insured) Warranty is the only one worth having IMHO. Cost would likely be around £500 to £600 a year, once the car reaches three years old.
How much does insurance cost for a BMW?
BMW Insurance Cost The average cost of BMW insurance among national providers in 2025 is $2,753 per year or $229 per month, according to our data. This is 13% higher than the national average of $2,433 per year. Since they may be more expensive to repair or replace, your BMW car insurance may cost more than insurance for, say, a Honda or Nissan car of the same size. Find out more about the factors that affect car insurance rates.High Maintenance Costs BMWs are known for their performance and luxury, but this sometimes comes with higher maintenance and repair costs at dealership garages. Even with a warranty, you might find that routine maintenance and non-warranty repairs are more expensive compared to non-luxury brands.Since they may be more expensive to repair or replace, your BMW car insurance may cost more than insurance for, say, a Honda or Nissan car of the same size. Find out more about the factors that affect car insurance rates.BMW 1 Series (groups 16-28) The cheapest model to insure is typically the 116d SE (in group 16), so that’s a good place to start if you want to keep running costs low. The 120d xDrive M Sport cars are pricier on the insurance in groups 28 – but that’s still not bad in comparison to some larger BMW models.
What is the BMW Ultimate Protection Plan?
BMW Ultimate Protection offers a wide range of premium protection products and services for your BMW, including Vehicle Service Contracts (VSC), Tire & Wheel Protection, Key Protection, Windshield Protection, Guaranteed Auto Protection (GAP), and Lease-End Protection. All of Endurance’s extended BMW warranties are backed by reputable, well-respected insurance companies with long histories of paying claims promptly and efficiently. Any contract you purchase from Endurance is absolutely free of risk.