Buying a 2019 M4 out of state with no warranty

[Tpatty]

So I've been searching and I found a 2019 M4 with 6k miles, 1 owner, clean carfax and sold by a BMW dealership, but there's a few things:

- There's no warranty on the car, it's marked as CPO but when I called they told me the CPO warranty ran out a few days ago (which I'm confused about a bit, how that's possible if it just went for sale a few days ago)
- It's out of state and I would buy and ship it sight unseen
- No return/refund, the car is as is

Should I be worried if I were to pull the trigger? I feel like a car with 6k miles and 1 owner shouldn't have any issues but wanted to get everyone's thoughts on it as this would be my first ever BMW/M car

[zamboni]

The S55 engine is very solid you should not having any major problem beside it's only had 6K miles.

[Blocke]

Pay the $300 to have a local company or shop do a PPI. At 6k miles there is little mechanically that could be wrong, but there could be cosmetic issues. Have the dealer provide service history, which at this point should be the initial 1500 break in service and maybe an oil change. You can score an aftermarket warranty for piece of mind, there’s even a dude on here that sells them.

[G35POPPEDMYCHERRY]

didn't mention the crankhub

overblown issue, if car doesnt look abused don't worry about it

[Tpatty]

Originally Posted by G35POPPEDMYCHERRY

didn't mention the crankhub

overblown issue, if car doesnt look abused don't worry about it

Car looks great from the pictures I saw. Sales guy I was speaking to said they bought it from the owner who was a doctor and the car was garage kept (not sure how reliable that info is lol but relaying what I was told)

[Tpatty]

Originally Posted by Blocke

Pay the $300 to have a local company or shop do a PPI. At 6k miles there is little mechanically that could be wrong, but there could be cosmetic issues. Have the dealer provide service history, which at this point should be the initial 1500 break in service and maybe an oil change. You can score an aftermarket warranty for piece of mind, there’s even a dude on here that sells them.

How would a PPI process work in this scenario? Would the mechanic go to the BMW dealership and do the inspection?

[bagekko]

If it was being marketed as CPO and now not then it should be like $8k less.... after the original warranty expires it can't be CPO'd. Perhaps they had it listed incorrectly as CPO but if they were planning to CPO it there should be a CPO checklist they prolly won't show you if you asked and if they really completed the CPO inspection then I wouldn't worry so much. CPO cars are becoming rare as many dealers shy from the program cause it's too exp and hard to sell. My first M4 was CPO back in 2019, but on the second they said it's cheaper for me to buy a BMW warranty at signing, which I got them to throw in 1 yr for free.

[Tpatty]

Originally Posted by bagekko

If it was being marketed as CPO and now not then it should be like $8k less.... after the original warranty expires it can't be CPO'd. Perhaps they had it listed incorrectly as CPO but if they were planning to CPO it there should be a CPO checklist they prolly won't show you if you asked and if they really completed the CPO inspection then I wouldn't worry so much. CPO cars are becoming rare as many dealers shy from the program cause it's too exp and hard to sell. My first M4 was CPO back in 2019, but on the second they said it's cheaper for me to buy a BMW warranty at signing, which I got them to throw in 1 yr for free.

The car was listed not even a week ago and it's definitely being marketed as CPO. I called and the guy checked and said the 1 year extended warranty that comes with CPO ran out a few days ago but it was inspected. My question is if the original warranty ran out over a year ago - it means the car was CPO'd while still in hands of the owner, is that even possible?

I'm definitely going to ask for the inspection report considering they're marketing it as CPO and telling me it's expired

[N1rve]

Originally Posted by Tpatty

So I've been searching and I found a 2019 M4 with 6k miles, 1 owner, clean carfax and sold by a BMW dealership, but there's a few things:

- There's no warranty on the car, it's marked as CPO but when I called they told me the CPO warranty ran out a few days ago (which I'm confused about a bit, how that's possible if it just went for sale a few days ago)
- It's out of state and I would buy and ship it sight unseen
- No return/refund, the car is as is

Should I be worried if I were to pull the trigger? I feel like a car with 6k miles and 1 owner shouldn't have any issues but wanted to get everyone's thoughts on it as this would be my first ever BMW/M car

I have a 2019 and I had only 1 major out of pocket fix for a PVC/Valve Cover and that was about $2K at the dealership. I currently have like 46K miles on mine, and I daily drive mine. My biggest expense are the tires and fuel. Cars that aren't driven tend to have more issues though as age can still cause rubber and seals to go bad. Would not skip the PPI even though it only has 6K miles.

[Tpatty]

Originally Posted by N1rve

I have a 2019 and I had only 1 major out of pocket fix for a PVC/Valve Cover and that was about $2K at the dealership. I currently have like 46K miles on mine, and I daily drive mine. My biggest expense are the tires and fuel. Cars that aren't driven tend to have more issues though as age can still cause rubber and seals to go bad. Would not skip the PPI even though it only has 6K miles.

If the car had the CPO inspection you think a PPI would still be necessary?

[N1rve]

Originally Posted by Tpatty

If the car had the CPO inspection you think a PPI would still be necessary?

Yes, I would still get a PPI from a third party.

[bagekko]

According to the carfax when did it leave the lot new, more likely it's been just 4 yrs and can't be CPO'd. Only possible way is original owner leased it, bought it out via the dealer and had them CPO it at the time. That would make it 5yrs from when it rolled off the lot. But in that scenario I believe carfax would not show it as 1 owner, but 2.

Originally Posted by Tpatty

The car was listed not even a week ago and it's definitely being marketed as CPO. I called and the guy checked and said the 1 year extended warranty that comes with CPO ran out a few days ago but it was inspected. My question is if the original warranty ran out over a year ago - it means the car was CPO'd while still in hands of the owner, is that even possible?

I'm definitely going to ask for the inspection report considering they're marketing it as CPO and telling me it's expired

[Monkey Throttle]

I would ask the dealer for the service history.
Run a carfax report or an equifax report or both.

Put up a link so we can see it.

[bagekko]

If it's the one, purchased Feb 2019, does not appear to first been a lease, 1 owner purchased vehicle, at 4yrs 10m old at time offered for sale it could not be CPO'd and it is not possible to CPO during ownership that I have ever heard. Only thing I could think of is they bought a BMW extended warranty but that would still be good for 2m if they added a year or more.

[Tpatty]

Originally Posted by bagekko

If it's the one, purchased Feb 2019, does not appear to first been a lease, 1 owner purchased vehicle, at 4yrs 10m old at time offered for sale it could not be CPO'd and it is not possible to CPO during ownership that I have ever heard. Only thing I could think of is they bought a BMW extended warranty but that would still be good for 2m if they added a year or more.

It is that one. I called again and spoke to a different guy this time, he told me it doesn't show on his end that the car is CPO so most likely a mistake on the listing. I asked whether it's still been inspected and he mentioned all of their cars get a 40 point inspection and would be willing to send me the report for this car

[tjjmx]

How far away is the dealership? If it’s a car I really want to buy, I would just go buy a plane ticket and see the vehicle myself (one way tix if the drive back could be done in a day). Having dealership state “no refunds, as is” there could be some annoyance issues that might turn you off even where a PPI may not notice; such as a slight weird smell inside the vehicle from perhaps spilled milk in the backseat left for days or in the sun, or a squeal you have no idea where it’s coming from. Point is if it’s a high value vehicle purchase, a few hundred dollars for a plane ticket and a hotel room for the night could prevent future regrets. Good luck.

[G35POPPEDMYCHERRY]

Originally Posted by N1rve

I have a 2019 and I had only 1 major out of pocket fix for a PVC/Valve Cover and that was about $2K at the dealership. I currently have like 46K miles on mine, and I daily drive mine. My biggest expense are the tires and fuel. Cars that aren't driven tend to have more issues though as age can still cause rubber and seals to go bad. Would not skip the PPI even though it only has 6K miles.

my car sits in garadge and oil pan gasket leak prolly for oil just sitting there. 2016. but i mean you would be crazy to not expect absoluetly orfice of a bmw not to leak oil at some point

[bordf82]

Yolo

[RickFLM4]

I find it shady that a BMW dealer would list a car as a CPO when it is not a CPO. I think that alone would make me not want to purchase a car from them. At a minimum, I'd get a PPI and push them hard on a price drop or adding a third party warranty equivalent to a CPO at no charge.

[Blocke]

Originally Posted by RickFLM4

I find it shady that a BMW dealer would list a car as a CPO when it is not a CPO. I think that alone would make me not want to purchase a car from them. At a minimum, I'd get a PPI and push them hard on a price drop or adding a third party warranty equivalent to a CPO at no charge.

I’ve seen both sides of this: a lifetime ago I worked at a dealership. Sometimes the used car manager will get a car in either on trade or at auction, and by all indications it looks like it can be certified. They want to move metal as fast as they can, or sometimes you have a buyer that was looking for that color or equipment combo, so you list it often before service is done doing their safety and reconditioning of the car. Sometimes service finds something in the process that disqualifies it from the CPO program. If you don’t already have a bite on the listing, no biggie, change the listing and price accordingly. But if you’ve already got a buyer on the line, your in a pickle.

I’ve also been on the buyer end: I started working a deal on a CPO F30 335i that I had been in the market for back in the day. Same situation, car was a lease return from a repeat buyer of the Salesperson, he called me before the car ever hit the lot. Arrive at the dealer and the salesman has to tell me that they can’t actually CPO the car because the PO added in an aftermarket amp. It took some back and forth, but arrived at a price I liked with them throwing in a compatible aftermarket warranty. Stuff happens. So long as it was some honest mistake or a technicality, I would just negotiate a better deal. If they are being shady or playing games, move on.

[RickFLM4]

Originally Posted by Blocke

I’ve seen both sides of this: a lifetime ago I worked at a dealership. Sometimes the used car manager will get a car in either on trade or at auction, and by all indications it looks like it can be certified. They want to move metal as fast as they can, or sometimes you have a buyer that was looking for that color or equipment combo, so you list it often before service is done doing their safety and reconditioning of the car. Sometimes service finds something in the process that disqualifies it from the CPO program. If you don’t already have a bite on the listing, no biggie, change the listing and price accordingly. But if you’ve already got a buyer on the line, your in a pickle.

I’ve also been on the buyer end: I started working a deal on a CPO F30 335i that I had been in the market for back in the day. Same situation, car was a lease return from a repeat buyer of the Salesperson, he called me before the car ever hit the lot. Arrive at the dealer and the salesman has to tell me that they can’t actually CPO the car because the PO added in an aftermarket amp. It took some back and forth, but arrived at a price I liked with them throwing in a compatible aftermarket warranty. Stuff happens. So long as it was some honest mistake or a technicality, I would just negotiate a better deal. If they are being shady or playing games, move on.

There is really no way for a customer to determine if it was an honest mistake and I would argue labeling something as CPO when it has not gone through the process is a clear misrepresentation regardless of intentions. In this case, since the OP created this thread 2 days ago and they have known there is (at best) a mistake, if it is still listed on the dealer's website as CPO, I would take that as a clear sign it is being intentionally misrepresented and walk / run away.

I am personally skeptical of these CPO programs because I traded in a car (Audi) with significant damage from an accident that was later CPO'd after a dealer in Atlanta bought it at auction. I looked into it and found the manufacturers do not exclude cars in accidents from being CPO'd unless there is frame damage. So to me, the bar is not very high for a car to be CPO'd. If they can't clear it before listing it as a CPO (including figuring out the warranty expired), that is shady in my book.

(And if I were buying used, CPO or otherwise, I would definitely get a PPI.)