I appreciate the feedback and certainly agree and understand what the CPO is and is not.

I need to clarify my question I guess... Under the CPO Checklist there is a box that must be checked off titled "Carfax". This requires the dealer, assuming they follow the guidelines, to pull a Carfax report on every CPO vehicle it does. I spoke with BMW NA and they indicated to me that this checklist must be given to the buyer of the car along with the other CPO documentation for all CPO cars that are sold through their dealerships.

This begs the question...shouldn't the BMW Dealer selling the car be obligated to inform a buyer that the vehicle was in an accident? (assuming it is on the carfax)

The dealer is required to pull a carfax, then continues with the CPO, then sells the car as a CPO but does not inform the buyer that the car was in an accident. This is bad business. I was told "no" my car had not been in an accident. I think it was a "not to my knowledge" by the sales guy...turns out that's standard protocol at this dealership.