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01-04-2013, 02:07 PM | #1 |
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Shocked to discover that the car is CPO . . .
Purchased my '08 M3 (with 7,000 mi) privately in 2010 - both the ad and the seller warranted that there had only ever been 1 owner.
Discovered yesterday (while getting the ECU ver. no. from BMW) that the car has a CPO warranty. Huh? Pretty angry about this misrepresentation from the seller - she was in the fact the 2nd owner, and not the first - though the car was (and still is) in perfect condition. Weighing the pros and cons of confronting the seller. How would you guys react to something like this? Would a confrontation be an overreaction? Seems like a pretty dirty trick to pull. Edit: had full BMW inspection / car fax / etc. before purchasing - not sure how this detail didn't arise.
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01-04-2013, 02:09 PM | #2 |
Bored at work....
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Dirty of them? Yes.
You new have a CPO warranty? Bonus!! I wouldn't bother confronting the seller myself.
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01-04-2013, 02:11 PM | #3 |
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Sounds like it ended up being in your favor so I'd leave it be.
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01-04-2013, 02:13 PM | #4 |
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Yes and no - not sure how much value the warranty has after all of the mods.
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01-04-2013, 02:15 PM | #5 |
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01-04-2013, 02:17 PM | #6 |
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01-04-2013, 02:34 PM | #7 |
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Maybe it was lease that she bought outright and CPO'd it so she still would be the first owner?
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01-04-2013, 03:00 PM | #8 |
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Could have been a dealer demo too....I wouldn't loose sleep over it.
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01-04-2013, 03:05 PM | #9 |
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It depends on how much you like your car and are satisfied with it, and if you think you'll sell it at some point and 3 owners instead of 2 would create diminished value. You don't seem to actually have experienced a problem with the car so it sounds like you'd just be creating a headache for yourself by pursuing the seller (although I sympathize with your feelings of being cheated in some fashion)
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01-04-2013, 03:06 PM | #10 |
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+1 and if was a demo, orig seller may not have known.
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01-04-2013, 03:27 PM | #11 |
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01-04-2013, 03:29 PM | #12 |
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Maybe this is the explanation. She seemed like a very nice person (recently followed up 2 years later to see how the car was doing), and works in the same industry as my dad. She was also aware of the fact that I'm a lawyer.
Not an ideal situation from her perspective in terms of attempting to screw someone. I'm going to assume that it was an honest mistake, and will let it go.
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01-04-2013, 04:11 PM | #14 |
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Wasn't aware that a dealer using a car as a demo was the equivalent of titling it. Always thought that the car is just listed as inventory until they finally sell it to a retail customer.
I bought a demo 6 years ago and it was definitely sold to me as a new car - the sticker was still on it, they started out with new car MSRP (of course negotiated a hefty discount, etc). I never checked carfax or anything like that to confirm I was the first owner |
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01-04-2013, 05:08 PM | #15 |
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Dealers will CPO their demo / loaner etc cars and sell them as "new" cars. I guess the question I would of asked her was -How many miles did the car have when you 1st bought it?
It sounds like an honest mistake.
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01-05-2013, 01:18 AM | #18 |
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Don't lose sleep over it like others have said.
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01-05-2013, 01:28 AM | #19 |
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if anything it should make you sleep better because now you have extended warranty for anything major that pops up. Don't quite understand your gripe here
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01-05-2013, 02:28 AM | #20 |
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Lots of stuffs are not cover under CPO coverage.
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01-05-2013, 02:30 AM | #21 |
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Maybe she meant there was 1 owner BEFORE her....
you said she warranted there was only 1 owner. Or did she say she was the original owner? Those are two different things |
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01-05-2013, 07:26 AM | #22 |
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Great point! This seems like a ver good possibility. But as others have said...you have some warranty so that's pretty much a bonus in it all.
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