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07-14-2017, 06:05 PM | #1 |
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Buying used? Be aware of BMW M Performance School cars for sale
Featured on BIMMERPOST.com Edit- As of 7/21/2017, there are around 20 2016 competition M3s for sale around the country at BMW dealerships, and 19 of 20 are M School cars and only carry the 4 year, non-extended warranty. Be aware of these cars if you are buying in the used market. In my opinion, these cars are worth a significant amount less than what these are listed for since these were HEAVILY abused cars at M School. Most prospective buyers are probably not even aware these were Driving Program cars. I believe these cars were around 88K new and are selling at dealer auctions for around 66K. Warning signs of a Driving School car: 1. Used car has the competition package. 2. Used car has carbon ceramic brakes. 2. Used car has around 5-7K on the odo. 3. Used car's CarFax states a leased car, and then shows the car was sold at a dealer auction and "Listed as a manufacturer vehicle" around the 5-7K mark. 4. DMV registration was in Woodcliff Lake, NJ. This is where BMW NA is located Last edited by noone; 07-21-2017 at 07:59 PM.. |
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07-15-2017, 11:05 AM | #2 |
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I'd be more afraid of the person who buys my cars....
redline on the daily. 29,000 miles of pure pedal to the metal driving...
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07-15-2017, 09:02 PM | #5 |
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Those cars are overpriced even if they were normal pre-owned. That's the biggest takeaway for me. These cars were built to run and I'd argue that 7k miles of daily wear and tear is not that much different.
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07-15-2017, 09:20 PM | #6 |
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These cars were driven as they were designed to be driven under the supervision of BMW instructors and were meticulously maintained by BMW. I would have less problem buying one of these than one that was owned by a private individual that I didn't know.
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07-15-2017, 09:27 PM | #7 |
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With all due respect, this statement sounds like a car salesman pitch. Seriously? An M School car absolutely, ragged out and sweated in weekend after weekend on a track is a safer bet to buy than from a someone who used it in a more than likely daily driver much more serene scenario? I doubt a leasee drives 7k miles of track time on his lease he turns in at 20k after 2-3 years. I'll take my chances NOT buying M School cars, thank you very much.
Last edited by noone; 08-02-2017 at 06:43 PM.. |
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07-15-2017, 09:40 PM | #8 | |
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07-15-2017, 11:36 PM | #9 | |
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These are well maintained yes but abused... Think a constantly beaten Rottweiler that was just groomed and put through a day or two of obedience school. They should have deep discounts beyond CPO depreciation Last edited by Professor///M; 07-16-2017 at 07:42 AM.. |
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07-17-2017, 11:27 AM | #10 |
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I could not disagree more.
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07-18-2017, 11:02 AM | #11 |
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I live in Atlanta and recently purchased an M4 from United. They were very forth coming with me as to which cars were PDC cars. Also, they said BMW will not CPO a car that was used at the PDC, which should be useful for those searching.
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07-18-2017, 11:34 AM | #13 |
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I respectfully disagree with you. I am pretty sure they do. Nevertheless, I do not see how it would be too much liability on them. You sell a car for "as is" and you do not make any oral representations, then there is zero liability on you. That is the beauty of "as is." Not to mention that any perceived liability falls on the dealer who bought the car "as is" at the auction. Liability may practically play zero role here in the calculus. How else do rental cars sell their cars used at auction with no lawsuits? It's because they are all sold "as is." You think rental car companies take care of those engines? Hell no.
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07-18-2017, 12:32 PM | #14 | |
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07-18-2017, 12:46 PM | #15 |
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Wow that's insane. Seems like they could have gotten a little something out of them on the auction block. Wonder if it is a different SOP for the PCD cars.
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Current Car: 2018 F80 M3CS, SMB, DCT, ZEC, MPE Recently Departed: 2020 F87 M2C, LBB, ZEC, 6MT (Euro Delivery Aug. 29, 2019, totaled by an idiot in a Camry who then ran from the scene) Wife's Prior Car: 2018 F80 M3, Yas Marina Blue, DCT, Black 19s, Carbon Structure Anthracite Cloth/Leather Combination, Driving Assistance Package (Euro Delivery Oct. 9, 2017) |
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07-18-2017, 07:16 PM | #17 |
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It's highly unlikely they "crush" the M School cars after being used for 5-7k. In fact, if you read on this forum about M School experiences, the instructors explicitly said they put new wheels and tires on the cars and then sell them at dealer auctions, as I have proven in the first post of this thread I posted. It would make absolutely no economic sense to "crush" these vehicles after M School use. BMW is a business after all.
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07-18-2017, 09:17 PM | #18 |
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07-18-2017, 11:30 PM | #19 | |
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07-19-2017, 07:10 AM | #20 |
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If you believe every M-school cars are crushed at the end, I have bridge to sell (cheap).
Even Top-gear show, which rakes in money like crazy from sponsors sell their test cars into auction, why? cause every bit of dollars back is better than ZERO. http://www.dailymail.co.uk/news/arti...used-Gear.html |
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07-19-2017, 09:14 AM | #22 | |
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