08-25-2023, 10:05 AM | #1 |
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Dealer Owned Warranty
Does anyone have experience with DOWC (Dealer Owned Warranty) for extending a warranty on a new vehicle? Just bought a X5 50e and was interested in the BMW extended coverage, but the dealer offered this for supposedly less ($5350 for 8 years 100k mi). Curious if anyone else has had positive or negative experiences with it? Seems like they offer similar coverage.
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08-25-2023, 10:14 AM | #2 |
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Drives: 2019 230i, ZHP, 318ti
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Location: Kansas
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I don’t have any experience. But I’d consider putting $5000 into a high-yield savings account instead. If you need to make a repair, you have your own funds ready to go. If you don’t, you just began saving for your next car.
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08-25-2023, 11:45 AM | #3 |
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Drives: 2018 M2 AW DCT
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I would ask if it covers battery replacement. Most likely the “e” battery will need replacement before the end of 8 years. Also ask what the replacement cost is of the “e” battery. You know the 12 v battery wont last 8 years.
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