Makes me wonder a bit about the quality of the first repair on the power steering pump...

Whats with the "CPO thing"???

Just buy a 2009 or 2010 coming off lease and add a BMW Gold (or better a Platinum) warranty.

Pass on it. Plus 1st year models always have higher % of issues.

Hey Ard im not too familiar with adding a warranty to an off lease car. Is this route about the same or cheaper than paying the extra money for a car that has been certified? Is this warranty as good as the CPO one?

Hey OP, I have a 2007 X5 4.8i CPO with a $79k original sticker that I may be selling. It is Sapphire black with black leather and fully loaded with pretty much every other option except 3rd row seating. I am new to the xoutpost but I also have an e46 and i've been on e46fanatics for about 6 years. Let me know if you are interested or if any of you other folks are. It's in mint condition and I have never had any problems with it at all!

So no warranty and no longer possible to add the BMW warranty?

Worth $30k.

It has a warranty until November 2013 but not the maintenance warranty. So I'm pretty sure it's worth more than 30k

And you can still add the maintenance warranty.

There really is no 'official process' to CPO a car coming off lease. Ask dealers over on BF 'ask a dealer' and they fall all over themselves saying it cannot be done.

But the mechanics are simple: A BMW dealer acquires a car; They CPO the car (a BS inspection, then register it with BMWNA) then they sell the car.

With the 'off lease' they buy it from BMWFS, inspect it, cpo it, then sell it to you. All in, potentially, hours.

If you are cool, and you have a relationship with the dealer, they may do this for you. The BIG question is 'How Much'. The dealer pays BMW $2k or so (WAG)... they also usually pay under your 'lease buy out price'... they take an hour or so to inspect. Key is that they need to replace brakes if under 50% and replace tires if under 50%. BMW maintenance will not pay for this, so it may cost you (dealer) a bit to bring it to CPO standards.

Do keep in mind that major accidents, damage, paint, long histories of repairs are all OK for CPO...not so much about this reply, but more pointed to people who think a CPO is somehow a different 'kind' of used car. :)

A