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-   -   Need Advice On A 2008 CPO Purchase (https://xoutpost.com/bmw-sav-forums/x5-e70-forum/73209-need-advice-2008-cpo-purchase.html)

BGM 05-24-2010 12:16 PM

Quote:

Originally Posted by ard (Post 743706)
Why are people so hung up on CPOs??? The are pretty much billspit inspections, usually poorly done- no guarantee of a car meeting some 'exacting BMW specifications' (you can fine the actual checklist posted elsewhere and have any car inspected to that set of criteria.

You can but the SAME BMW BACKED warranty from bmw (it is the new "gold" extended warranty.)

DO NOT trust any dealer, BMW or otherwise- people think a CPO is some kind of 'safe bet' for buying a used car- and manufacturers spend A LOT OF MONEY making you think this.

And then I see you are gooing to buy the extended maintenance plan? Dear god why??? If the car is CPOd the major maintennace items should be done.

And shipping? You are going to buy it sight unseen and just trust the dealer that it is all good? Because it is a CPO? You DO realize that even if they miss items on the CPO inspection, (like bad paint. dings. etc) you have NO recourse with your local dealer... BMW does not stand behind the CPO- the CPO is a selling dealers total responsibility. Car is in "midwest" and you're in AZ and you cannot get out there to get it on a saturday?

ANyway, it's only money- why sweat the extra few thousand when the REAL risk is buying a car with issues and having no recourse.

cynically,

A

Extended warranty companies can be a pain. At least with a CPO you have the backing of BMWUSA as far as recourse. Nobody is saying a CPO is gone over with a fine toothed comb by the dealer--they might even just wash it and throw it on the lot for any of us know. But big ticket items get harder to get fixed by some of these extended warranty companies--they look for ways to get out of claims.

ard 05-24-2010 06:28 PM

Quote:

Originally Posted by BGM (Post 743796)
Extended warranty companies can be a pain. At least with a CPO you have the backing of BMWUSA as far as recourse. Nobody is saying a CPO is gone over with a fine toothed comb by the dealer--they might even just wash it and throw it on the lot for any of us know. But big ticket items get harder to get fixed by some of these extended warranty companies--they look for ways to get out of claims.

1. BMW now sells "BMW Backed Extended warranties" the "gold" plan equals the CPO coverage. No more "Original owner only". I agree 3rd party warranties can be a pain, or worse... This is new since Oct of 2009.

2. While many of us A.R. types know what really goes into a CPO, many others do not. clearly people feel that somehow the CPO moniker ties BMWNA to the deal, or perhaps makes the dealer less likely to pass along a horror. True to an extent, but far from a guarantee.

I guess I sound like a broken record, but hope the OP takes this constructively- no matter what he decides!

A

BGM 05-24-2010 09:29 PM

Quote:

Originally Posted by ard (Post 743923)
1. BMW now sells "BMW Backed Extended warranties" the "gold" plan equals the CPO coverage. No more "Original owner only". I agree 3rd party warranties can be a pain, or worse... This is new since Oct of 2009.

2. While many of us A.R. types know what really goes into a CPO, many others do not. clearly people feel that somehow the CPO moniker ties BMWNA to the deal, or perhaps makes the dealer less likely to pass along a horror. True to an extent, but far from a guarantee.

I guess I sound like a broken record, but hope the OP takes this constructively- no matter what he decides!

A

Is this warranty only good for cars bought at a BMW dealer that are non-CPO ? Can you just bring in any BMW from another dealer and they will warranty it ? I'm pretty sure BMWUSA doesn't want to turn into a warranty business on the side.


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