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There are the obvious pros and cons to buying an extended warranty. I would do the CPO. My X was not CPO and knock on wood I have not had any problems but I did consider an aftermarket extended warranty. The only reason I considered the aftermarket warranty was because of common auto trans failures associated with the X5s. The warranty that I wanted was roughly between $4-$5,000, in fact the same price or more than a trans replacement/rebuild. I chose the pay as I go route...but for $1,600 I would definitely CPO the car.
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