Aftermarket warranty-can I use my own company to do the work?

[stephen4785]

I bought my wife a 2011 BMW 328i about 9 months ago. I opted for the aftermarket warranty. The check engine light came on and I know what the issue is(eccentric shaft position solenoid). I'm wondering if I can repair it myself and invoice the warranty company through my heavy equipment repair company? I would imagine theres going to be some sort of conflict of interest or something but I'd rather be the one to work on it. Anyone got any ideas?

[svauto-erotic855]

Bill it through your company name and you will be just fine. I'd find a leaky water pump while I was at it if I were you.

[BP]

They generally require a "licensed repair facility" which in Texas basically means you have a tax ID number. You might get a W-9 depending on the company so be prepared. If you can take credit card payment it'll probably be a breeze.

[stephen4785]

They generally require a "licensed repair facility" which in Texas basically means you have a tax ID number. You might get a W-9 depending on the company so be prepared. If you can take credit card payment it'll probably be a breeze.

I have all the stuff I need. Dba, llc, tax id, employer id, and can take credit cards and checks made out to my company name. Hopefully itll be good to go.

[Gasser64]

Interesting, let us know how it goes

[Craizie]

Seems unethical.

[BLAKE]

Seems unethical.

You seem unethical.

[BP]

Don't go easy on them with the parts or labor either. The average labor rate in the area is over $85 an hour, I'd see what the German specialists are and charge slightly less than them and hit them at full list price for all of the parts. If you don't have a dealer that'll sell to you at jobber then mark the parts up, you are entitled to make money on the parts as well. If you have to order the parts get her into a rental if the warranty covers it.

[GeorgeG.]

read the warranty papers first. A long time ago, I use to work at for a 3rd party warranty administrator and we would deny claims if they did not call ahead of time for authorization. Usually in cases like this where the owner had the work done elsewhere without calling first. Worst case the might require you to take it to one of their designated shops. All of this should be spelled out in the warranty paper you got when you signed.

[Craizie]

You seem unethical.

Absolutely.

[blackedv]

They are going to beat you down on the price of the repair and parts and depending on who it is they might require you to take it to one of their shops. I find more often than not that theyre absolutely worthless unless you have a major mechanical failure since alot of them wont cover electronics which is what 90 percent of car issues are nowadays. If you need a motor or transmission then it was a good investment lol

[svauto-erotic855]

They are going to beat you down on the price of the repair and parts and depending on who it is they might require you to take it to one of their shops. I find more often than not that theyre absolutely worthless unless you have a major mechanical failure since alot of them wont cover electronics which is what 90 percent of car issues are nowadays. If you need a motor or transmission then it was a good investment lol

Extended auto warranties typically are worthless. I know a guy that had an LT1 Camaro about 15 years ago and the transmission failed. He had aftermarket wheels on the car and the warranty company denied his claim because they said the wheels made it where the car was set up for racing.

[BP]

Extended auto warranties typically are worthless. I know a guy that had an LT1 Camaro about 15 years ago and the transmission failed. He had aftermarket wheels on the car and the warranty company denied his claim because they said the wheels made it where the car was set up for racing.

I've sold several million dollars worth of drivetrain parts to various extended warranty companies over the last few years. Obviously they are in business to make money but they are also regulated by state laws. If your story is true the guy you know either didn't try very hard or there is more to the story.

[prostock1]

I bought my wife a 2011 BMW 328i about 9 months ago. I opted for the aftermarket warranty. The check engine light came on and I know what the issue is(eccentric shaft position solenoid). I'm wondering if I can repair it myself and invoice the warranty company through my heavy equipment repair company? I would imagine theres going to be some sort of conflict of interest or something but I'd rather be the one to work on it. Anyone got any ideas?

BMW, dats my hood....what repairs are needed ?

Oil leaks, water pump, valve cover.... ?

[prostock1]

I did my own repairs when one of my vehicles was damaged in a wreck, insurance company didn't care one bit.