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BMW 3-Series (E90 E92) Forum
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Does anyone only buy CPO??
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01-18-2013, 11:47 PM | #1 |
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Does anyone only buy CPO??
After buying my first BMW new, when it was time to trade I decided that CPO was the only way to go. Anyone else who only buys CPO?? My e92 is still under factory for another year till CPO kicks in, but the X5 just got a new radiator courtesy of CPO. Was mighty nice to only have to pay $53
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01-18-2013, 11:57 PM | #2 |
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Drives: 2008 Montego Blue 335i
Join Date: Mar 2012
Location: Atlanta/Lawrenceville
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You got ripped, my CPO stuff is $50 even :-p
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01-19-2013, 12:12 AM | #4 |
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I do. The extra warranty is sweet and someone else gets hit with the immediate depreciation. Ive had no issues w my 335i, but about $20000 worth of warranty work to an X6 makes me think I dont want to own a BMW off warranty.
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01-19-2013, 02:02 AM | #5 |
Colonel
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I bought 3 other BMW's that were not CPO.
Never had a problem with any of them. My 335i is CPO and I've had a couple of issues. WIth the way they are now built and the requirement to code just to replace a battery. CPO only from now on. Don't buy the maine. though. |
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01-19-2013, 03:05 AM | #6 | |
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My 330i was CPO. Will look for CPO in the future as well, but it's really hard if you're picky with options and colors. Took me 3 months to find my car and seriously considered cross-country purchases more than once. Lucked out and found one pretty much exactly how I wanted fairly local to me in the end.
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01-19-2013, 05:58 AM | #7 |
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Yes, CPO is definitely the way to go if you can find the right vehicle.
I was lucky to find mine and purchased it in Oct 2012. It's a new 2011 (demo) with less than 1000 km on the clock, so I get almost the full extended warranty (160000 km and 6 years out to 2018). This however is factored into the pricing, but it's still very attractive and well worth the premium. |
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01-19-2013, 07:24 AM | #8 |
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Bought my car CPO and would highly recommend it if you are a 'dealer-only' type of owner.
No headaches with ownership and you know it's part of the 'better' used bmws for sale in the market. |
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01-19-2013, 07:54 AM | #9 |
Colonel
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You can look at like an insurance policy. With BMW's needing more and expensive maintenance, than say a Japanese car, I believe it is the way to go. Trick I think is to find one that has very low mileage and a lot of time left... and of course has all the options you want. Not easy but adds a sense of accomplishment to gaining your 'new' BMW!
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01-19-2013, 08:07 AM | #10 |
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just buy one that is still under full warranty and purchase the BMW extended warranty. I will never look exclusively for CPO any more as I have discovered that a CPO car is just a used car with warranty included.
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01-19-2013, 10:03 AM | #11 |
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CPO is a big part of BMW's business model. As you know, there is a lot that is not covered, but people buy it anyway (I bought an extended warranty on mine as I was the original owner). You blow any hoses and melt the head, not covered. Your PS pulley hits the subframe causing a $3700 repair, not covered. Brand image is so strong for BMW that they can do almost anything they want. What they can't do is to continue to raise the prices, because no matter how strong the brand image is, people need $$$ to buy the vehicles, and not everyone is willing to lease. Look at the rebates they offer, they're no different today than the Korean cars where the prices are inflated and the rebates abound. It translates into a weak resale, however.
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01-19-2013, 02:42 PM | #12 | |
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01-19-2013, 04:40 PM | #14 |
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I've had good luck with CPO purchases and will continue to purchase them. I will keep my 328 outside of warranty, but probably wouldn't keep most other BMW models past the warranty period.
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01-19-2013, 06:45 PM | #15 |
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My 330i wasn't a cpo, but x3 is (well wAs). Just hit 100 k miles about same time warranty ran out, so my transfer case got fluid change at no charge, and a tune up. 335is is also CPO. I was lucky to find color I wanted relatively local (300 miles away). Settled a little on options, but got all necessities. Got extended maintenance plan as well, which covers all maintenance costs without deductible. All warranty work is $50, and x3 had roughly 3k worth of warranty work. All minor stuff.
If you are buying BMW used, cpo is absolutely the only way to go. As it was pointed out earlier you may have to take time and wait for color and options you want. Warranty is better then new at 40% off new price.
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01-19-2013, 10:44 PM | #16 | |
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Good times paying for an X6 50i and driving a 328 loaner around instead. Got rid of it, but I did love driving it. |
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