I went to the dealer this weekend and it would cost $3000 for 4 more years and 50,000 miles. Mine expires in Dec. 2008. Please let me know this is really worth. I know it would cost more than that if something major happens. But is there any underwriting or would they take into consideration the pre-exisiting condition of the vehicle? Any BMW owners who have taken this extended warranty or if anyone who has faced issues with these companies, please advice!