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And we have a winner!!!
Kids are getting big, they look great! I remember the pic of the two in their car seats. Seems like yesterday. Quote:
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Now I am even more confused.
It seems like CPO does follow the VIN, regardless of who has the car in between (BMW dealer, used car dealer, goat herder, etc. etc.) Right? The reason this is important to me is that I have been following the 2006 4.4i ads in the local craigslist with possibility of changing my 3.0i to one, and many local used-car-dealers (non-BMW) are advertising the CPO ones as a CPO car. I need to know if this is correct or not in case I end up wanting to buy one. Thanks. |
If you have any doubts about a particular car, call a dealer service dept with the VIN and they will be able to give you the warranty status.
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No need to be confused. Read through this booklet which is the official CPO document.
Xoutpost.com - View Single Post - CPO Program question Quote:
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Thanks. From what I am reading there, and the fact that they describe all scenarios where the coverage will be terminated or void, and that they don't specify dealer owned as one of those scenarios, I am fairly confident that the CPO will carry over as I thought it would.
What I am surprised to learn though, is that the coverage is not 100k miles, it is 50k beyond the mileage at the end of first 4 years. A BMW with 4 year/30k miles on it is not covered until 6 year/100k, it is only covered until 6 year/80k (30k + 50k). |
Either way 25k miles a year is plenty for most people.
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I purchased a CPO X5 last January which is now becoming the biggest headache i've ever had! I can't say that it wasn't worth it so fare but, it seems that my local dealer doesn't want to take the time to look at my vehicle, I'm not sure what the procedure for "Warranty Work" is. I have done a lot of research it the past week about CPO vehicles through BMW. I don't believe that you can get a refund on a CPO. The reason being is that it is certified Pre-Owned before you purchased the vehicle. The Dealer ship decides which vehicles they are are going to sell as preowned, they have to pay BMW USA prior to selling the vehicle, so in turn they include the cost of the CPO in the Purchase Price.
Also, since you have had warranty work done under the CPO, it is almost definite that they are not going to credit you. Chances are the cost of the warranty work is close to the cost of the CPO. Just think! A full brake job at BMW is $1600 on an X5! and that is considered regular maintenance, which is not covered! Be aware what is covered and not. you can get a list of non-covered wearable items online at bmwusa.com Quote:
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is good up to 100k miles. CPO is still better than no coverage, imo. GL, mD |
nomercy,
Agreed, 25k per year is plenty... but it is interesting to see ads from local dealers (BMW dealers) saying a used car comes with 6 yr/ 100k miles warranty, when it is definitely not the case. motordavid, sure, any warranty is better than none. But I personally believe that each car/owner's situation is different, and based on that, the risks are different. For example, for a 4 year old X5 4.4i with 48k miles on it that has lived in harsh weather conditions (canadian winters, north/north-east, etc.), and for a new owner who will be using it at 12k+ miles/year, then there is DEFINITELY a very good justification to get the CPO. But for example, for a 3 year old 3.0i with 30k miles on it, with manual transmission (no high price automatic transmission issues), a California car say which has been babied (weather wise), and the new owner who is only going to put 6k per year on it... is it really worth the CPO price? Risks are definitely different between the two scenarios above. Also, those who have CPO of course take their car to the dealer at the first sign of a problem, and the dealers are obviously known for quick and high price diagnostics especially when covered by warranty. The cost that the owner sees on the bill is most likely NOT what he would have ended up paying from his pocket, if he didn't have CPO. A non-CPO owner like me more than likely finds an independent shop that does the work for less, and doesn't necessarily take the SAV in for repairs (especially to a dealer) for smaller issues that he could live with. Case in point: see my water leak in top center console posts... the leak has stopped, and I am not sure if it had to do with me somehow unclugging the drain or not... but in any case, if I had CPO, you can be sure that at the first sign of a drop the car would have been at the dealer with a $2k-$3k bill from the dealer to BMW. As it stands, my cost out of pocket so far is zero, and even if problem comes back, I will probably try to find a solution within few hundred dollars range. Now obviously with the above post, my transimission is going to disintegrate this weekend on my way to Tahoe or my engine is going to blow up or something.... making me come back here and tell others how dumb I was for not getting an extended warranty :) ... but still, I don't think the answer to CPO is a definite YES all the time. |
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