Is it a good idea to purchase a used automobile warranty (for roughly €500)? The BMW warranty is due to expire soon and the automobile is now seven years old.
Filed under warranty - Asked by Jerome O'Connor (Wicklow) - Thu, 28 Feb 2013 20:36
Yes, it certainly can be, depending on the automobile. With something like a BMW, where parts and repairs can be expensive, it can be hugely worth it. Put it this way, it’s a lot cheaper than shelling out to replace a gearbox, and cheaper than the cost of trading up to a younger example. Just make sure you read the fine print very automobileefully so that you know what’s covered and what’s not.