BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > General M3 Forum (E90 + E92 + E93)
 
Lux Angel Eyes
Post Reply
 
Thread Tools Search this Thread
      01-17-2014, 09:35 AM   #23
Ali@BMWMt.laurel
Colonel
 
Ali@BMWMt.laurel's Avatar
 
Drives: 2015 M4
Join Date: Aug 2008
Location: United States

Posts: 2,115
iTrader: (7)

Garage List
2013 BMW 335i  [0.00]
This is true. I have to review the material again but the CPO plan now covers the navigation and speak system. Please ask your BMW CA's for more info.

It is not retro. Jan 1, 2014 on.
__________________
BMW of Mount Laurel - ///M Certified Client Advisor
Send Me a Message Regarding Your Next BMW!
www.BMWofMtLaurel.com
We are an M-Certified and DINAN Certified Dealer
Ali@BMWMt.laurel is offline   United_States
0
Reply With Quote
      01-17-2014, 09:35 AM   #24
325rider
Zyzz Follower
 
Drives: '11 e90 M3 6mt
Join Date: Aug 2010
Location: Miami, Fl

Posts: 700
iTrader: (1)

Quote:
Originally Posted by klammer View Post
And the transition of man to mere data points is almost complete
haha. damn. THIS!
325rider is offline   United_States
0
Reply With Quote
      01-17-2014, 09:35 AM   #25
nullrouted
Studying...
 
nullrouted's Avatar
 
Drives: AW '13 E92 ZCP 6MT M3
Join Date: Apr 2013
Location: North Central Florida

Posts: 850
iTrader: (0)

I think some of you guys miss the point here. We've taken CPO to mean "higher resale value" but that was never BMWs intention. BMW does CPO so that when you buy from -them- you have "peace of mind" vs a non-CPO. So are they hurting the resale market? Sure, but the resale market doesn't make them any money, this does. I also think tjsabec is probably right as to part of BMW's motivation as well.
nullrouted is offline   United_States
0
Reply With Quote
      01-17-2014, 09:37 AM   #26
bavarian19
General
 
bavarian19's Avatar
 
Drives: Car
Join Date: Mar 2005
Location: VA

Posts: 18,805
iTrader: (23)

So, if I am reading what I think I am, it is the third owner of the car that would get screwed?

Original owner would sell the car back to the dealership. Second owner buys the CPO car from the dealership. Should the second owner want to sell the car within the CPO limits, they will not be able to transfer the CPO protection to the third owner. At least, that is how I am reading this.

So that will lower the effective resale value since some would be less inclined to purchase it. I know owning a BMW has always been a pay to play ordeal, but damn.
bavarian19 is offline   United_States
0
Reply With Quote
      01-17-2014, 09:37 AM   #27
jzmundy
First Lieutenant
 
jzmundy's Avatar
 
Drives: E82
Join Date: Jan 2008
Location: Raleigh, NC

Posts: 329
iTrader: (5)

Quote:
Originally Posted by fuddman View Post
I think that's what this is all about.
http://www.bmwusa.com/standard/conte.../warranty.aspx
Look like it's still transferable in a private transaction - just subject to some paperwork and a $200 fee.
__________________
Gone - 2001 E53 X5 4.4, 2005 E85 Z4 Dinan 3.0, 2007 E92 335
Now - 2013 E82 135
jzmundy is online now  
0
Reply With Quote
      01-17-2014, 09:38 AM   #28
ZachP51
Private First Class
 
ZachP51's Avatar
 
Drives: 2008 335i E92 2013 135is
Join Date: Oct 2012
Location: Orlando, Fl

Posts: 174
iTrader: (3)

That's why you buy new.
ZachP51 is offline   United_States
0
Reply With Quote
      01-17-2014, 09:40 AM   #29
jzmundy
First Lieutenant
 
jzmundy's Avatar
 
Drives: E82
Join Date: Jan 2008
Location: Raleigh, NC

Posts: 329
iTrader: (5)

Quote:
Originally Posted by scott135i View Post
Here is exactly what it says...

For Certified Pre-Owned vehicles retailed on or after January 1, 2014, the BMW Certified Pre-Owned Protection Plan and the BMW Certified Pre-Owned Elite Protection Plan are not transferable except within the BMW authorized dealer network or subject to the following condition:

Private to private consumer transaction, see Limited Warranty Transfer Application:


----------
Meaning you can sell to another person privately and warranty stays. If you sell to any non BMW (or mini probably) dealer or wholesaler, the warranty is lost. Not sure how they will track it, maybe by title history? People will find a way around it.
This. Warranty stays intact in a private-private transaction (er...after $200).
__________________
Gone - 2001 E53 X5 4.4, 2005 E85 Z4 Dinan 3.0, 2007 E92 335
Now - 2013 E82 135
jzmundy is online now  
0
Reply With Quote
      01-17-2014, 09:43 AM   #30
e90msportmia
Captain
 
e90msportmia's Avatar
 
Drives: e90
Join Date: Aug 2010
Location: Miami, FL

Posts: 619
iTrader: (6)

Quote:
Originally Posted by klammer View Post
And the transition of man to mere data points is almost complete
e90msportmia is offline   United_States
0
Reply With Quote
      01-17-2014, 09:47 AM   #31
spdy330
Major General
 
spdy330's Avatar
 
Drives: 05 Tundra, 11 M3, 08 Odyssey
Join Date: Dec 2009
Location: Chino, CA

Posts: 5,839
iTrader: (154)

Garage List
Send a message via AIM to spdy330 Send a message via Yahoo to spdy330
BMW will lose some potiental customers I would imagine.
__________________
- 2006 E90 330i TiAG retired.
- 2011.75 E90 M3 - BMW Performance Exhaust, BMW Performance Grills, Lux H8 V3, Reflector delete Euro style, Ceramic Tint 58%, Brembo 380mm BBK, V1 with custom multi-color display by www.Radar-Mirror.com - custom radar mount by www.performancepackage.com.
spdy330 is offline   United_States
0
Reply With Quote
      01-17-2014, 09:48 AM   #32
btbossman
Major
 
Drives: 2013 335xi M sport--2014 M6
Join Date: Jul 2013
Location: Northern VA

Posts: 1,371
iTrader: (0)

Quote:
Originally Posted by scott135i View Post
Here is exactly what it says...

For Certified Pre-Owned vehicles retailed on or after January 1, 2014, the BMW Certified Pre-Owned Protection Plan and the BMW Certified Pre-Owned Elite Protection Plan are not transferable except within the BMW authorized dealer network or subject to the following condition:

Private to private consumer transaction, see Limited Warranty Transfer Application:


----------
Meaning you can sell to another person privately and warranty stays. If you sell to any non BMW (or mini probably) dealer or wholesaler, the warranty is lost. Not sure how they will track it, maybe by title history? People will find a way around it.
Seems like a waste...I dont really see a point.
btbossman is offline   United_States
0
Reply With Quote
      01-17-2014, 09:54 AM   #33
wangt86
Enlisted Member
 
Drives: 09 WRX, F25 X3, Lotus Elise
Join Date: May 2008
Location: Tristate

Posts: 36
iTrader: (0)

Sounds like they are trying to combat non BMW dealers who are advertising the CPO warranty that is on the car. Targeted maybe at Carmax and other dealers?
wangt86 is offline   United_States
0
Reply With Quote
      01-17-2014, 10:40 AM   #34
The J-Man
Lieutenant
 
Drives: BMW
Join Date: Aug 2009
Location: Denver

Posts: 402
iTrader: (0)

I think you're all missing the reason why they are doing this.

It prevents non BMW dealers from selling a CPO BMW. Thus, when you decide to get rid of your CPO BMW, and you take it to the Mercedes dealer to trade it in, the MB dealer is going to give you less money for it since they can't warranty it. When you see the MB trade in offer, you'll get discouraged and return to the BMW dealer.
The J-Man is offline  
0
Reply With Quote
      01-17-2014, 11:27 AM   #35
BMWTF?
Lieutenant
 
BMWTF?'s Avatar
 
Drives: e92 335i
Join Date: Oct 2011
Location: Seattle

Posts: 549
iTrader: (7)

This is quite a big deal. It says it is featured on the front page, but its no longer there. Why?
__________________
"Let me see what I can do... sir"

BMWTF? is offline   Belarus
0
Reply With Quote
      01-17-2014, 11:36 AM   #36
graphite
Enlisted Member
 
Drives: '10 G37 coupe
Join Date: Dec 2011
Location: PNW

Posts: 30
iTrader: (0)

It's early and that statement on their website isn't too clear, so I'd just like to know one thing.

I'm assuming this applies to all vehicles currently CPO'ed? Or is this simply for new CPO plans applied to cars after the 1st of the year? I ask because I work for an independent, mainly European dealership who just took a 2010 328 in on trade about two weeks ago that only has 48k miles and full CPO. We boosted the owner's trade-in value over two-grand to be fair and account for the amazing addition of that extended coverage, and because Kelley Blue Book significantly increases the retail book of the car with CPO added.

So are we dead in the water now, with no way to transfer that coverage to the future owner?
graphite is offline  
0
Reply With Quote
      01-17-2014, 12:21 PM   #37
ChrisF
Private First Class
 
Drives: '11 M3 ZCP, '10 997.2 GT3
Join Date: Aug 2009
Location: Marin

Posts: 116
iTrader: (0)

Just confirmed with BMWNA. I purchased my CPO '11 M3 from a private party a week ago. BMW said warranty follows the car. No transfer fee. My guess is private party sales (like mine) are cannibalizing their dealer sales. If they kill CPO transferability, I think it would be a mfg first since most other warranties follow the car. If the post 1/1/14 rule stands, it will kill 3rd owner + residuals. I'm sure a room full of bean counters somewhere ran the numbers and this version is more profitable.
ChrisF is offline  
0
Reply With Quote
      01-17-2014, 06:40 PM   #38
burgerearmuffs
Enlisted Member
 
Drives: 2010 ESS M3
Join Date: Feb 2013
Location: Alpharetta, GA

Posts: 39
iTrader: (0)

So I work for a small independent dealer as well, and am currently in the middle of working a trade-in deal for a CPO'ed 2011 M3. I have spoken with BMW NA twice today, and gotten completely polar opposite answers on the following question:

If a car was originally CPO'ed prior to 1/1/2014, and is traded in to an independent dealer after 1/1/2014, when the dealer resells the car will the CPO warranty be intact?

First time I was told yes, vehicles CPO'ed prior to 2014 are transferable. Second call I spoke with a supervisor, and was told that the warranty would not be transferable in that case. Anyone else have any more definitive info on that particular scenario?
burgerearmuffs is offline  
0
Reply With Quote
      02-07-2014, 02:31 PM   #39
zorrro
New Member
 
Drives: 2011 M3 Sedan
Join Date: Oct 2013
Location: NY, NY

Posts: 19
iTrader: (0)

I have somewhat related advice/warning on the recent CPO changes.

In early January, I looked at a 2011 CPO E90 at a local dealership. The sales guy marketed the fact that there were improvements to BMWs CPO program as of Jan 1 2014 (NAV covered etc). I didn't end up buying that car but instead got a different 2011 CPO last week from a different dealer (better in-service date and half the mileage).

To my surprise, BMW is stuffing me with the old CPO because the car had previously been CPOd before 1/1/14. I fought with the dealer and BMW head officec to no avail.

Not cool.
__________________
2011 Black E90 Sedan DCT Competition
zorrro is offline  
0
Reply With Quote
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 02:35 PM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST