Quote:
Originally Posted by Rick H
After much thought, I'm going to go without the warranty. £167/month or roughly £2,000 a year is a lot for named component/£250 ex. The car has had HG, Vanos (both Elms) and sub/flr recently and is on 5k limited annual mileage, 6 months use - so I figure chucking the £167 at my offset mortgage instead of BMW coffers. This gives me a few quid interest saving and if i need to "claim", i have a pot to claim from. If the claim is a biggy greater than the accrued pot, i can overdraw with sub-3% interest until the £167s catch up again.
£2,000 a year is a lot to shell out - except if there's £2,001 worth of claims of course. It's a gamble either way I guess.
It doesn't feel comfortable though!!!!!!!
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If you know a good specialist, it's about managing your own risk. Some of the numbers thrown about in relation to dealer prices are mad. We all know very reputable and capable specialists can perform the work at fractions of the prices. It's a BMW 3-series, not a Veyron.
Do your homework, know the car, do the sums and assess your own risk. Self insurance isn't a bad thing. Only you know your own circumstances.