Well, it's a gamble. You have to consider whether you're more comfortable with a warranty, be it as it is from CPO, or going without it. Like Vin stated though, there aren't any good third party warranty companies in California otherwise I'd recommend going that route.

Some would tell you to go find the cleanest example you can, have it thoroughly PPI'd by a trusted BMW mechanic, dealer or independent, at your own expense, buy it, and use the savings versus a CPO'd example as a sort of insurance policy against any future repairs. Not a bad approach.

You have to decide whether the cost savings are worth it to you to accept the risk of not having a warranty. I'm pretty conservative when it comes to risk but then again, I just wrote a check for earthquake insurance and I'm going to add some new toys to my personal articles policy.

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