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      12-30-2013, 08:41 AM   #1
Rupes
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CPO Non-Transferable past 1/1/14

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Just saw this, I assume those of us with CPO's issued prior to 2014 are excluded?

[i]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:

http://www.bmwusa.com/standard/conte.../warranty.aspx
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      12-30-2013, 09:06 AM   #2
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Thanks for the post...
I had no idea...

PS... This is BS!!! BMW is doing everything in it's power to PO it's base of fans!!!
what about people who paid a premium to get a CPO?... they paid this knowing that when they resale the car one of most attractive things to the next buyer would be that CPO coverage!!!
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      12-30-2013, 09:13 AM   #3
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Quote:
Originally Posted by gallian93 View Post
Thanks for the post...
I had no idea...

PS... This is BS!!! BMW is doing everything in it's power to PO it's base of fans!!!
what about people who paid a premium to get a CPO?... they paid this knowing that when they resale the car one of most attractive things to the next buyer would be that CPO coverage!!!
I'm wondering if the CPO will still be transferable as long as the car was CPO prior to 1/1/14? Or is it based on when the next owner takes possession of the car? Maybe mods can clarify, I'm sure this effects many of us.
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      12-30-2013, 09:37 AM   #4
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      12-30-2013, 10:19 AM   #5
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WTF

Thanks for the heads up

What about an extended warranty?
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      12-30-2013, 11:06 AM   #6
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Quote:
Originally Posted by M3///Driver View Post
WTF

Thanks for the heads up

What about an extended warranty?
I think that's what this is all about.
http://www.bmwusa.com/standard/conte.../warranty.aspx
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      12-30-2013, 12:19 PM   #7
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I would imagine that this would only apply to vehicles CPO'd after January 1st 2014. There would be a real can of worms (litigation) opened if they tried to make this retroactive.
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      12-30-2013, 12:30 PM   #8
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Quote:
Originally Posted by Caballero View Post
I would imagine that this would only apply to vehicles CPO'd after January 1st 2014. There would be a real can of worms (litigation) opened if they tried to make this retroactive.
I would hope so. The old adage was BMW CPO's cars, not people. Doesn't seem to be the case anymore. With that being said, I guess the biggest question is can my CPO (done prior to 1/1/14) transfer to someone else if I sell the car now?
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      12-30-2013, 04:17 PM   #9
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Well that's stupid. You would also think that the CPO "Elite" would be better than the regular CPO benefits, but apparently not.
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      12-30-2013, 04:38 PM   #10
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Being that it is a financial decision will that translate to lower CPO pricing? Doubtful..
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      12-30-2013, 11:38 PM   #11
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So, what is the point of buying a CPO BMW now?
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      12-31-2013, 07:55 AM   #12
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So with this language "unless the subsequent retail has been performed by an authorized BMW Center" it seems that cpo trade-ins will stay cpo, and also with the dealer getting a taste, private deals might also stay cpo.
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      12-31-2013, 09:05 AM   #13
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Quote:
Originally Posted by k2e15 View Post
So, what is the point of buying a CPO BMW now?
You like giving BMW more money, so same point as always.
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      12-31-2013, 11:38 AM   #14
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Is EVP still transferrable?
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      12-31-2013, 11:44 AM   #15
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BMW may be doing this to combat a situation such as:

Johnny buys a CPO //M3. Johnny buys and installs an ECU tune for his //M3 which raises the rev limiter. Johnny drives //M3 and hits the new rev-limiter. Johnny gets bored of his //M3 and buys a GT3. Johnny wipes his ECU and then sells Jimmy his //M3 touting that is still has CPO coverage for 2 more years. Jimmy has problems with Johnny's former //M3 and takes it to BMW for repairs under warranty. BMW says "Not covered under CPO because your car was over revved" Jimmy says "WTF?"

Just a thought.
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      12-31-2013, 12:01 PM   #16
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Quote:
Originally Posted by tjsabec View Post
BMW may be doing this to combat a situation such as:

Johnny buys a CPO //M3. Johnny buys and installs an ECU tune for his //M3 which raises the rev limiter. Johnny drives //M3 and hits the new rev-limiter. Johnny gets bored of his //M3 and buys a GT3. Johnny wipes his ECU and then sells Jimmy his //M3 touting that is still has CPO coverage for 2 more years. Jimmy has problems with Johnny's former //M3 and takes it to BMW for repairs under warranty. BMW says "Not covered under CPO because your car was over revved" Jimmy says "WTF?"

Just a thought.
I hate Johnny.
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      12-31-2013, 07:46 PM   #17
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If you were to buy a car on 1/2/14 that was CPO'd sometime in 2013, would the remaining coverage transfer?

Or does this only effect cars that are CPO'd past 1/1/14?

Last edited by Rupes; 12-31-2013 at 08:25 PM.
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      12-31-2013, 07:57 PM   #18
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Quote:
Originally Posted by tjsabec View Post
BMW may be doing this to combat a situation such as:

Johnny buys a CPO //M3. Johnny buys and installs an ECU tune for his //M3 which raises the rev limiter. Johnny drives //M3 and hits the new rev-limiter. Johnny gets bored of his //M3 and buys a GT3. Johnny wipes his ECU and then sells Jimmy his //M3 touting that is still has CPO coverage for 2 more years. Jimmy has problems with Johnny's former //M3 and takes it to BMW for repairs under warranty. BMW says "Not covered under CPO because your car was over revved" Jimmy says "WTF?"

Just a thought.
How is that different if Jimmy bought a bmw still under warranty? If Johnny screwed around with his car and then sells it privately(even after wiping it clean), jimmy might still be out of luck. This does nothing for the consumer and everything for the dealer and bmw. Buyers are now more drawn to dealer purchase cause cpo transfers and bmw doesn't have to continue coverage when car is sold privately. Win win for them.
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      01-17-2014, 09:28 AM   #19
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Quote:
Originally Posted by IzzyGray
Quote:
Originally Posted by tjsabec View Post
BMW may be doing this to combat a situation such as:

Johnny buys a CPO //M3. Johnny buys and installs an ECU tune for his //M3 which raises the rev limiter. Johnny drives //M3 and hits the new rev-limiter. Johnny gets bored of his //M3 and buys a GT3. Johnny wipes his ECU and then sells Jimmy his //M3 touting that is still has CPO coverage for 2 more years. Jimmy has problems with Johnny's former //M3 and takes it to BMW for repairs under warranty. BMW says "Not covered under CPO because your car was over revved" Jimmy says "WTF?"

Just a thought.
How is that different if Jimmy bought a bmw still under warranty? If Johnny screwed around with his car and then sells it privately(even after wiping it clean), jimmy might still be out of luck. This does nothing for the consumer and everything for the dealer and bmw. Buyers are now more drawn to dealer purchase cause cpo transfers and bmw doesn't have to continue coverage when car is sold privately. Win win for them.
Well if Johnny's M was tuned at say 10k miles, the warranty would have been void anyways...
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      01-17-2014, 09:30 AM   #20
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Ive seen this, they have released a whole new list for the new cpo as well.
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      01-17-2014, 09:31 AM   #21
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      01-17-2014, 09:33 AM   #22
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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.
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