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CPO worth it?
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04-05-2012, 08:19 PM | #1 |
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CPO worth it?
I plan on eventually purchasing a used '09 or '10 (LCI ftw) 335 e90. I would probably plan on keeping it entirely stock (maybe a slight tint and some angel eyes..). What does everyone think about going CPO from a dealer compared to buying from a mom and pop used car lot down the road or a private seller? Is it worth it?
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04-05-2012, 08:25 PM | #2 | |
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04-05-2012, 08:28 PM | #3 |
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Had my car 6 months so far, only replaced one light bulb and they charged me for it, 51$ <-- BS . But in the future? Maybe.
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04-05-2012, 08:36 PM | #4 |
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04-05-2012, 09:20 PM | #5 | |
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04-05-2012, 09:39 PM | #6 |
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Worth it, hands down. Cost me $50 to have the cylinder heads replaced to fix the N52 engine ticking issue. Unless you know for a fact that the previous owner took care of the handful of common stuff that is fixable under warranty, get the CPO. I've had a handful of stuff go wrong- BT stopped working, leaking rear diff, engine ticking, peeling shift knob, rear brake squeal. But it was all stuff that was predictable from reading the forum, and my dealer took care of it so well (between original warranty and CPO) that I'm still thrilled with the car.
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04-05-2012, 09:55 PM | #7 | |
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Just dont buy it thinking you are getting the same warranty as a new car and you will be fine. |
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04-05-2012, 10:27 PM | #8 |
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My car has 1 year left on the CPO and an additional 2 years on 3rd party drivetrain warranty which kicks in once the CPO expires. Just 2 weeks ago, I had my wastegate's pressure solenoid replaced which took them about 4 days to complete. Had a loaner car for the entire time and only paid the $50 deductible. Well worth it if you ask me.
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04-06-2012, 02:53 AM | #9 |
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CPO on a 335i is likely worth it, especially if you want to keep the car 3-5 years. I'm still under factory warranty, but once it is up, I imagine the CPO will save me quite a bit of money based on how frequently I have needed repairs done under warranty thus far. CPO is also great for people who drive a lot, though most reach the 6 year mark first, before 100k miles, to end their CPO.
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04-06-2012, 02:55 AM | #10 | |
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04-06-2012, 03:41 AM | #11 |
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CPO is truly great and can save some major money if problems arise. I'd go for it. It's worth the peace of mind.
I purchased an '06 325i from an independent dealer back in October and nobody knew it was still under warranty. I only found out because of an old, half-ripped window sticker that was in the glove box that showed it was covered through May of 2012. Car seemed fine and didn't really have any issues, even had it gone over by a BMW shop and nearly everything checked out just fine and dandy. Fast forward to now, and I've had over 10k worth of work done to the car by my BMW dealer. The only thing that actually broke/went out was the water pump, the rest was more preventative maintenance/what BMW thought needed doing... I've only paid a couple hundred in deductibles, and the free towing from BMW assist when my water pump went out was great. They've replaced my transmission and fluid (tranny was jerky and left a code deep in the computer apparently, BMW corporate gave the OK to replace the whole thing), lifters and rocker arms (engine ticking), blower motor (faint fan rattle), ignition coils, fixed the center console heated/cooled cupholder, etc. I'd definitely go for it. It may not save you from 10k of repairs, but even something as simple as a blower motor on these cars isn't cheap to replace. |
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04-06-2012, 08:17 AM | #13 | |
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04-06-2012, 08:21 AM | #14 | |
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04-06-2012, 09:29 AM | #15 |
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I got a 2010 1 week ago with factory warranty left and CPO from a BMW dealership. I had the car for 2 days before they had for a week to fix a check engine light. They replaced (not verified with paperwork yet) I believe the MAF, O2 sensor, Valve assembly and at least 1 injector. The labor and rental without warranty/CPO would have been a huge blow.
I would get CPO ONLY because at least the car was inspected and you can tell them to replace stuff first. My door handle was scratched and I got them to replace it free. Can't do that at a mom-n-pop.
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04-06-2012, 11:52 AM | #16 |
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had my car about 1.5 yrs now. Got about $2k in maintaince/issues taken care of. Its paid for itself and I still have another 25k miles or 1 yr, whichever comes first.
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04-06-2012, 12:14 PM | #17 | |
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CPO is to me also, only way to go. |
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04-06-2012, 04:46 PM | #18 |
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Drives: 2007 E92 SG 335i 6MT
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Yeah, but 50$ for light bulbs? Cmon
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04-06-2012, 07:47 PM | #19 |
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You should read the fine print on the CPO agreement. Most of the time they are not going to cover bumper to bumper. It is useful for the major items if it happens.
For some cars, I will ask them how much they will sell the car for without CPO. After all, they already certified it to the BMW specs for CPO. Audi would save you about $2k, not sure on BMW. Maybe a dealer can chime in.
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04-06-2012, 11:10 PM | #21 |
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There are several aspects of a CPO car that have some value:
1. The 2 yr/50k mile warranty, 2. The multi-point comprehensive inspection 3. Selecting a car as a CPO candidate that is statistically least likely to have any major problems down the road. 4. Refurbishing the car to like new condition, including painting panels as necessary, replacing worn tires, replacing worn brakes, etc. 5. The previous owner found all the annoying little problems the car came with and dealt with the annoyance of having them fixed. 6. The previous owner took the depreciation hit. |
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04-11-2012, 05:04 PM | #22 |
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My car went in for injector issues right outside the regular warranty.
No cash at all from me, not even the $50. Currently in for HPFP but that is covered under the 10yr/120K extension. I looked for CPO cars. I didn't pay any more than a mom and pop shop either. I paid $24K for a 47K mile, CPO car in Jan. Loaded except for iDrive. You don't have to pay more, you just need to be patient and shop. |
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