Extra Year of CPO?

Motorsport4 · 08-14-2019, 10:13 AM

Hi everyone -

So I pick up my M4 next week with a total Warranty of Manu+CPO until 4/2021. My sales rep informed me today that they have a deal going on this month that an additional year of CPO can be purchased at half price, $3100.

Is it worth it?

jd__m4 · 08-14-2019, 10:16 AM

It's probably a one year warranty the dealer is offering, as I've never heard of BMW offering an additional year of CPO coverage. $3100 sounds like a lot for only one year.

NickyC · 08-14-2019, 10:25 AM

$3100 is an absolute rip off for one year, good grief. NO

They say that's half price too, LOL.

G35POPPEDMYCHERRY · 08-14-2019, 10:28 AM

these extended warranties are str8 bonkers. thats like three major failures in a year. cheaper to self insure this platform

Motorsport4 · 08-14-2019, 10:34 AM

Jeeze im glad i asked you guys...do you have any recommendations on extended warranty companies?

allinon72 · 08-14-2019, 11:38 AM

The platform is way too reliable for such an expense. You would be hard pressed to break even even with a spun crank hub unless it killed the motor.

tambat · 08-14-2019, 11:46 AM

Quote:

Originally Posted by eyeamgrewt

It's probably a one year warranty the dealer is offering, as I've never heard of BMW offering an additional year of CPO coverage. $3100 sounds like a lot for only one year.

BMW has been offering extended CPO coverage for like 2 decades..

OP, that is correct, that is about half price. That would take your warranty out to April/22 but also retains the unlimited mileage. That is the main reason it is so expensive. You can drive 1 million miles before that date and still be covered. You can probably shop and find a warranty for less money that factors in mileage.

jd__m4 · 08-14-2019, 12:10 PM

Quote:

Originally Posted by tambat

BMW has been offering extended CPO coverage for like 2 decades..

OP, that is correct, that is about half price. That would take your warranty out to April/22 but also retains the unlimited mileage. That is the main reason it is so expensive. You can drive 1 million miles before that date and still be covered. You can probably shop and find a warranty for less money that factors in mileage.

That's news to me, lol. You got a link or anything? I can only find info on the standard one year CPO coverage and extended warranties. Nothing on extending the CPO coverage.

tambat · 08-14-2019, 12:40 PM

Quote:

Originally Posted by eyeamgrewt

That's news to me, lol. You got a link or anything? I can only find info on the standard one year CPO coverage and extended warranties. Nothing on extending the CPO coverage.

If you pull the DCS on any CPO car for sale, there will be pricing quotes for 1 and 2 year extensions. The finance office can extend it beyond that. I have been working at a BMW dealer for years.

jd__m4 · 08-14-2019, 01:10 PM

Quote:

Originally Posted by tambat

If you pull the DCS on any CPO car for sale, there will be pricing quotes for 1 and 2 year extensions. The finance office can extend it beyond that. I have been working at a BMW dealer for years.

Ahh is this the CPO "wrap"? I'm genuinely curious, I'm on my second CPO and neither dealer even mentioned it!

Robotechnology · 08-15-2019, 08:03 PM

Correct, it’s not a 3rd party. CPO wrap can extend 1 or 2 years and keep the unlimited miles aspect.

08-14-2019, 10:13 AM	#1
Motorsport4 New Member 3 Rep 11 Posts Drives: 2016 BMW M4 Join Date: Aug 2019 Location: Freehold, NJ iTrader: (0)	Extra Year of CPO? Hi everyone - So I pick up my M4 next week with a total Warranty of Manu+CPO until 4/2021. My sales rep informed me today that they have a deal going on this month that an additional year of CPO can be purchased at half price, $3100. Is it worth it?
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08-14-2019, 10:16 AM	#2
jd__m4 Captain 415 Rep 689 Posts Drives: AY M4 Join Date: Jun 2018 Location: Montco, PA iTrader: (1)	It's probably a one year warranty the dealer is offering, as I've never heard of BMW offering an additional year of CPO coverage. $3100 sounds like a lot for only one year.
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08-14-2019, 10:25 AM	#3
NickyC Lieutenant General 17439 Rep 10,645 Posts Drives: M4 CS. Former G82, x2 F82, F80 Join Date: Nov 2010 Location: Jacked out of my mind iTrader: (23)	$3100 is an absolute rip off for one year, good grief. NO They say that's half price too, LOL.
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08-14-2019, 10:28 AM	#4
G35POPPEDMYCHERRY Banned 4995 Rep 4,139 Posts Drives: F80 Join Date: Dec 2015 Location: Philadelphia iTrader: (1)	these extended warranties are str8 bonkers. thats like three major failures in a year. cheaper to self insure this platform
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08-14-2019, 10:34 AM	#5
Motorsport4 New Member 3 Rep 11 Posts Drives: 2016 BMW M4 Join Date: Aug 2019 Location: Freehold, NJ iTrader: (0)	Jeeze im glad i asked you guys...do you have any recommendations on extended warranty companies?
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08-14-2019, 11:38 AM	#6
allinon72 Brigadier General 4908 Rep 3,790 Posts Drives: 20' M2C, 23' X1 Join Date: May 2017 Location: Indianapolis, IN iTrader: (2)	The platform is way too reliable for such an expense. You would be hard pressed to break even even with a spun crank hub unless it killed the motor.
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08-15-2019, 08:03 PM	#11
Robotechnology RDF 152 Rep 245 Posts Drives: F80/JCW Clubman/Z4MC/STI Join Date: Mar 2015 Location: North NJ iTrader: (0)	Correct, it’s not a 3rd party. CPO wrap can extend 1 or 2 years and keep the unlimited miles aspect.
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