Second opinion

[lanbrown]

So it is an accident vehicle. Do yourself a favor, forget you ever saw this vehicle. The dealer is making money on it and it is already dirt cheap, so he got it for even less. If another dealer couldn't move it for six months, why do you want? Think about, they were dropping the price every week or so trying to get someone to bite on it and no one ever did. So the dealer did all that they could do to get rid of it and decided to wholesale it. I just view this vehicle as a problem for the next 80k miles if it or even you could make it that far. The previous owner kept it past warranty, so they might have had an extended warranty on it, got into an accident and then had issues. So they traded it in and this car has been looking for an owner ever since. It has been a reject for a reason. Think about it, if it was good or better condition, it wouldn't be selling for $26k and at a second dealer.

Next, Warranty Solutions is based in Florida and there are a ton of scam companies that seem to love Florida. So when I see a company listing Florida as an address, you should be 100% skeptical. I hate the BBB, but if they say a company is bad, they are. If they say a company is good, that may not be the case. This company has no rating but there is an alert for it which states:

According to information in the BBB files, it appears that the company is no longer in business. The phone numbers the BBB had for this company are disconnected, and directory assistance does not have a listing for this company. The BBB's mail to this company has been returned as undeliverable. If you have an unresolved dispute with this company you may wish to seek legal advice.

This is how this company offers a lifetime warranty. When they are not lining their pockets with money anymore, they close up shop and start a new company. So while the dealer offers it, they just paid the premium for it and thus aren't the ones actually having to pay for the repairs. In the end, the warranty is useless. When they are in business, not much of anything will actually be covered and eventually they will close this business down.

If you want a BMW, look at a BMW dealer or a actual dealer that is tied to a manufacturer. CarMax while strictly used vehicles is at least reputable. Basically look for a chain that just can't close its doors. Small independent used car dealers are generally very poor. If they say we can finance anyone, you don't want to buy anything from them. They buy garbage and sell it.

Ard, what do you think this dealer paid for it? I'm going to say $20k or under.