accidentalyEV said:
I purchased a 2021 used I3s with Rex from an independent used car dealer as I could bot find whatbI wanted / needed from a BMW dealer. It had 2,000 miles on it when I purchased it March 2022 and I currently have 20,000 miles on it. I called a few BMW dealers asking about purchasing an extended warranty and honestly pretty shady half answers. They all tell me to talk to sales manager and then they say all kinds of strange things. This is my daily driver and I love it. I am concerned about potential repair costs after the warranty is up Feburary of 2024.
Our 2019 i3 has a 4 year/50k mile general warranty with the warranty clock starting at its in-service date which was 9 months after its manufacture date. Does your 2021 i3 have a shorter warranty? I don't recall reading that the i3's warranty was shortened, but maybe I missed that. However, if your i3 has a 4 year warranty, its earliest possible in-service date would have been late 2020, so your earliest warranty expiration date would be late 2024. Much more likely would be a 2025 expiration date.
Regardless, extended warranties are just insurance policies with the insurer being a profitable company. You'd probably be better off investing the monthly cost of an extended warranty in an appreciating asset, starting now at least a year before your warranty expires. You could use the value of this asset to pay any unexpected repair costs. Sure, the repair cost might be greater than the value of this asset, but on average, it would be less.
