Quote:
Originally Posted by motordavid
While not disagreeing with you or dragoncoach on his opin of the "thin veneer" CPO tends to offer, I suspect most used BMW buyers simply hear CPO, "100K mile warranty", blah blah blah...
There remains some cachet on the brand and the mkting bs, imo, though nearly every brand on the planet now has some kind of "certified" pre owned/used jive.
For the brand(s) and the dlr, it's a marketing strategy to move units, especially off-lease and trade-in cars, imo. The whole CPO pump has been posted about
and annotated hundreds of times on this board; while it is not nearly as encompassing as the oe warranty, it is better than running naked.
GL,mD
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FWIW, I agree with you completely.. If my step transmission fails, it's better to have to pay $50 than $3500 as I did on my 2000 323 due to the infamous reverse failure.
So..does it make sense to purchase a Warranty Direct or similiar coverage, as a sort of "gap insurance"..? I've never owned a non-manufacturer's warranty, but perhaps this is a good time to consider one. Also, I bought the extended MAINTENANCE plan for my wife's 325cic. While it's not supposed to cover certain things that fall under the CPO plan, my dealer has so far included some minor items that werent covered, since the car was already on the lift, and the rattle was a loose/worn muffler bracket.
Ed