How much is it (I always extend the warranty if I go over 3 years?

Peace of mind and buyers really like it when it comes to selling thr car.

 

The price depends on the excess and level of cover. From memory there are 3 levels comprehensive, driveline and a third one I can't remember.

I've also had the BMW "extended warranty" letter, though when you read into it, it's a new insurance policy, rather than extending the factory warranty.

 

Yes, it's effectively an insurance policy issued by Allianz. It may depend on the mileage your car has completed, as it asks for mileage...

£752 fully comp, no excess and roadside assistance, £665 without roadside
£554 fully comp, £100 excess and roadside assistance, £467 without roadside
£447 fully comp, £250 excess and roadside assistance, £359 without roadside

There is a lower "Named component" level - although all the named components related to ICE cars, not EVs!
Then another lower "Driveline" level - again, all stating ICE components and not EV.

A bit poor of Alianz to offer a product and not update it for the vehicle it's meant to cover!!

I'll try and attach the policy doc...

 

I think that's decent value tbh.....
Fully Comp + Roadside/£100 xs for £554 is what I would go for.

Cheaper than any car I've owned in last 10 years.

 

Something else to consider is whether you have the option to pay monthly rather than annually.

Monthly payments do not change year on year unless Insurance Premium Tax increases (it hasn’t for a while). Annually renewing policies go up every year.

My X6 monthly premium hasn’t changed in years, apart from when IPT has increased. The cost of an engine (the N57 is known to break timing chains) is far higher than the premiums paid.

I would still have expected Allianz to cover the HV Battery though.

 

I had an extended warranty on my old Range Rover. It wasn't worth the paper it was written on. They held up every single repair – and there weren't many of them – while they thought about allowing the claim, then rejected every one on the flimsiest of technicalities.

I'd never have another one. Just putting the money into an "expensive fix fund" in a separate bank account seems like a more efficient use of funds.

 

I had an extended warranty on my old Range Rover. It wasn't worth the paper it was written on. They held up every single repair – and there weren't many of them – while they thought about allowing the claim, then rejected every one on the flimsiest of technicalities.

I'd never have another one. Just putting the money into an "expensive fix fund" in a separate bank account seems like a more efficient use of funds.

I get that, it is personal preference based on experience, but given the complication of electric motors, inverters, heating/cooling systems and other (relatively) new technology in the i4, I'd rather have a level of comprehensive cover in case something major fails. As also stated by others, it is something you can pass on with the car if you sell it, giving it added appeal to private buyers.