01-13-2021, 07:13 PM | #23 |
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I've heard some dealerships say they don't CPO M cars.
I've also heard that CPO M cars don't qualify for the CPO incentives as it's based on the dealer if they honor the incentives. Some say I'll qualify for the tier 1 apr rate which is their lowest but will give me a quote with a 6% rate (I'm not trying to do a credit application until I found the ideal spec for me) I've found dealerships that CPO a 17 with minor rear damage so it varies tremendously. |
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01-13-2021, 07:14 PM | #24 |
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I just bought a CPO'd '18 M3 Comp from BMW Of Ridgefield. CPO just gives you that 1 additional year of warranty after the original 4 year/50k warranty plus what others have mentioned.
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01-13-2021, 07:27 PM | #25 |
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BMW dealers will absolutely CPO a car that qualifies for it.
I have a 2018 M3 CPO that I purchased last August from a BMW dealer in Ohio. The car wasn't originally CPO'd. I was keen on getting only a CPO car as I was buying remote, and as part of the negotiation, had them perform the CPO inspection and certification on it. The extra year of warranty helps, but more than that, the CPO for me was about knowing that the car hadn't been abused by the previous owner. |
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01-13-2021, 07:33 PM | #26 | |
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Current: 2018 SO/SS F83 ZCP
Gone: 2015 SO/SO F82 |
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01-13-2021, 10:21 PM | #27 |
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I'm gonna throw this out there, just because it's CPO doesn't mean shit.
I bought a CPO'd car and had problems with my car. Turns out the previous owner tuned the car and they had to revert it back to stock and everything is normal now. I bought it CPO right? Yep. Guess I'm rolling the dice with how the previous owner treated or mis treated the car. I'm a gambling man. Oh well. |
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01-14-2021, 09:29 AM | #28 |
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I purchased my F80 in April of 2020 as a CPO. From my research, a dealer will not certify a car if it has not met certain criteria, one of which is the service history and obviously accident history.
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01-14-2021, 09:41 AM | #29 |
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01-14-2021, 03:06 PM | #31 |
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It could be as simple as not qualifying due to not having the 1200 mile service done on time. There are many reasons but it is definitely possible.
Frankly the BMW CPO program is pretty diluted now. IMO you're better off paying less for a non CPO and adding a quality aftermarket or BMW warranty. There are deals on these forums on the warranties. CPO is only 1 year. |
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01-14-2021, 05:11 PM | #33 |
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I've heard they won't CPO M cars if the 1200 break in service was not performed. CPO to my knowledge is only powertrain coverage, which these cars seem to have a solid power train. I'd be more worried about Electronics, sensors, computers, etc.
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01-14-2021, 10:46 PM | #35 | |
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When buying my 16' CPO my dealer said a if a 1200 mile rear diff fluid change isn't performed then it's game over on the car becoming a CPO car. Apparently the rear diff going South is extremely expensive? |
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01-18-2021, 07:31 AM | #36 |
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As a former BMW used car manager, the number 1 reason why an M car is not certified is to be competitive in national pricing. M cars have a much higher likelihood of being searched over large distances vs regular BMW models. If you do a wide search of M cars only being sold at BMW dealers, you will see 50% CPO (can vary at times throughout the year). Same wide search for non M models, will net you a much higher 85% CPO ratio. It’s mainly about the $3k (MINIMUM) cost. Some of the larger dealer groups (like New Country which was mentioned here and where I was a finance director for) have great 3rd party extended service contracts. When you compare the price of 1 year CPO vs 3 years of 3rd party coverage, they’re almost the same and with this scenario, one has mandatory higher purchase price and one has an optional upgrade price. I can tell you when I purchased my Z4M, I specifically went 3rd party because I wanted 6 years which is NOT available from BMW. I would be one of those 1,500 mile range search customers looking specifically for a non certified BMW because to me 1 or 2 years CPO (which is still available by the way—just not done without advance planning) is just not long enough. With all that said, do some M cars not pass CPO standards? Of course but, it’s not as many as you think.
Last edited by Robotechnology; 01-18-2021 at 07:38 AM.. |
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