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05-13-2012, 12:46 PM | #1 |
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Buying a pre-owned E92 - CPO or not?
I come over from the Mercedes world where many people won't buy a used AMG unless it is still under warranty and/or CPO due to high costs to fix issues.
Is that the same when buying a used M3? Would you stay away if not warrantied? |
05-13-2012, 01:00 PM | #2 |
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Generally, that's the thinking with BMW's as well, especially M cars. Costs can be high if you are not a DIY person and even if you are, price of parts are higher than "normal" BMWs . If you can, it might be a good idea to pick a car still under warranty or CPO.
With that said, the e9x M3's have proved itself to be very reliable. My 08 is coming off warranty next month and I have no plans to either get rid of my car or buy an extended warranty. |
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05-13-2012, 03:50 PM | #6 |
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CPO or 50k warranty, you can purchase a good 100,000 mile extended warranty that will cover the engine if it goes.
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05-13-2012, 06:39 PM | #8 |
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CPO, no other way. Needed to use my warranty twice in March.
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05-13-2012, 06:56 PM | #9 | |
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Quote:
I would check the maintenance records to make sure no high repair costs and inspections have taken place at a BMW dealership. See if the dealership can provide extended warranty (both on major parts and maintenance). If they refuse then don't get the car, find another. If you purchase used private insist on a BMW complete inspection and while the inspection is being done ask about extended warranty. Stay clear of cars that have seen the track. High repairs on the inspection reports will point to extended track time or abuse. In general the M3 is an excellent car, designed for high speed on the Autobahn, good luck I am sure you find the right one.
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Life will take us to some interesting places, fortunately The ///M3 will too with a many of us know this very well, now my C6.3 AMG with 487 HP does it too ---> Click here for some good stuff I found |
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05-13-2012, 10:18 PM | #10 |
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Good luck finding a CPO M3...they are rare as the dealer often elects not to CPO the car. Of course you can usually pay to have them do it but I've been told it's like 5k or more. I recommend buying the newest model you can afford that is still under warranty and/or buy an extended warranty. There are tons of threads on here about extended warranties. Some say it's a waste but I like the piece of mind it provides. Also, you can extend the BMW maintenance also (oil changes and brake jobs) however that's usually only worth it if you know your car is about to be out of the original 4 year warranty and you have not yet replaced the brakes. In that case buy the extended maintenance as it usually pays for itself.
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05-13-2012, 10:22 PM | #11 |
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I have an 09 AW E92 which is CPO up to 100k miles or 2015 for sale. PM me if interested
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05-15-2012, 09:53 PM | #14 |
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Do you mind sharing the issues? Were they resolved immediately under the CPO warranty? Thanks
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05-16-2012, 03:26 AM | #15 | |
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Cost cpo maint plan
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Verbal quotation: CPO = $7000 Extended service plan = $3500. Maybe this could be negotiated. I did not try. I hope this helps. |
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05-16-2012, 07:46 AM | #16 |
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Definitely recommend CPO - bought my '09 e93 last year with 19k miles, and based on my research CPO cost me around $2,000 (after negotiation )
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05-16-2012, 09:33 AM | #18 |
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Voiding the warranty is up to the dealer and what they find that caused any problems. Example-A window motor should be covered even if you are tuned.
CPO does not cover maintenance/15k service intervals after the 4/50 ends. |
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05-16-2012, 02:03 PM | #19 |
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I just extended mine through bmw platinum. Covers everything except wear and tear. It also covers nav. I think it's worth it.
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05-18-2012, 04:22 AM | #20 |
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It was a low pressure fuel pump sensor issue then two weeks later it was a fuel pump control unit issue. Seemed both were related. NO issues with warranty. Just brought it in and they fixed it. Paid nothing.
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05-19-2012, 12:13 PM | #21 |
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A picture is worth a thousand words:
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