>> Get the CPO warranty to cover you up to 100k miles/6 years.
> Unfortunately , I don't think that's available . I'm buying from a private
> individual .
>>> Get the CPO warranty to cover you up to 100k miles/6 years.
>
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> money, so you have to decide if the price is worth to have that peace of
> mind.
No you can't. CPO is only available on cars being sold by dealers.
What can be purchased is extended maintenance - which covers all the
required maintenance (NOT repairs for stuff that breaks) with the
exception of tires.
Dana - take the car to a dealer and have a Pre-Purchase-Inspection done.
This is a common thing to have done. The dealer will be able to pull up
all the service records on the car - and can tell you what needs doing
now, and what might need doing in the future. There is a charge for
this - but it's small considering what you're paying for the car.
If the current private owner refuses to allow you to do this - walk away
from the car.
> I bought a 4 year old e39 with 30k miles a while back, non CPO. In the
> first year alone, I spent $5K on it. Granted, not all of it was repairs.
> About half of it was maintenance which the warranty or CPO would not have
> covered anyway. But still, if this car keeps breaking at this rate, getting
> an extended warranty of some sort would have been cheaper.
Or not. It isn't usual for a 30k E39 to need $2,500 in actual repairs in
a year - unless it was abused or neglected.
Dana - if you're financing the car - and it's through something like a
credit-union, check with them on what extended warranty programs they
have links with. These are usually reasonable ones. If you're financing
it with a bank - they may not offer this, but the dealer you have the
PPI done at might - worth checking there also.
Aftermarket warranties are only as good as the company offering them -
so worth checking the BBB findings on the company (easily found on line
via Google.) Also - markup on extended warranties is typically 100%..
if they charge you $1,000 - it cost them $500 to place it with the
warranty company. That means there is some serious room for bargaining
since it's simply a big profit for the seller (dealer, credit-union, etc.)
> Pete
Pete - 08 Feb 2008 20:27 GMT
>> Since the car is still under the original warranty, you can just talk to
>> a local BMW dealer to have it certified as CPO. Of course it's going to
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> required maintenance (NOT repairs for stuff that breaks) with the
> exception of tires.
Not exactly. The dealer will sell you a BMW extended warranty as well, as
long as the car is currently still under the original BMW warranty. The
advantage is that this warranty is more comprehensive than an typical
extended warranty from a 3rd party vendor.
Pete