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      01-17-2014, 09:35 AM   #23
Ali@BMWMt.laurel
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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.
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      01-17-2014, 09:35 AM   #24
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Originally Posted by klammer View Post
And the transition of man to mere data points is almost complete
haha. damn. THIS!
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      01-17-2014, 09:35 AM   #25
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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.
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      01-17-2014, 09:37 AM   #26
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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.
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      01-17-2014, 09:37 AM   #27
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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.
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      01-17-2014, 09:38 AM   #28
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That's why you buy new.
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      01-17-2014, 09:40 AM   #29
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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).
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      01-17-2014, 09:43 AM   #30
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And the transition of man to mere data points is almost complete
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      01-17-2014, 09:47 AM   #31
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BMW will lose some potiental customers I would imagine.
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      01-17-2014, 09:48 AM   #32
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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.
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      01-17-2014, 09:54 AM   #33
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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?
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      01-17-2014, 10:40 AM   #34
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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.
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      01-17-2014, 11:27 AM   #35
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This is quite a big deal. It says it is featured on the front page, but its no longer there. Why?
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      01-17-2014, 11:36 AM   #36
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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?
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      01-17-2014, 12:21 PM   #37
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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.
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      01-17-2014, 06:40 PM   #38
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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?
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      02-07-2014, 02:31 PM   #39
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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.
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      05-15-2014, 05:55 PM   #40
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I am consider CPO-ing my stock (except Michelin Pilots) 2011 M3 at lease-end in June 2014. Can anyone help point me to an appropriate thread or with the cost to do so, and the timing associated? Dealer states they need five days and to talk to me about $$. I took over lease therefore have little loyalty to any one dealer. Thank you!
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      08-08-2014, 01:28 PM   #41
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Open the PDF transfer application in http://www.bmwusa.com/standard/conte.../warranty.aspx. It said the following:

This vehicle must meet current BMW Certified Pre-Owned guidelines for transfer eligibility:
 Vehicle must have originally been sold as Certified Pre-Owned on or after January 1, 2014.

I read it as, after 1/1/2014, you can only buy a BMW with CPO status (originally) at a BMW dealer, not private party nor third party dealers. My service adviser at BMW agreed with me. No CPO status can be transferred from private to private after 1/1/2014.
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      08-13-2014, 10:34 PM   #42
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Quote:
Originally Posted by topracer View Post
Open the PDF transfer application in http://www.bmwusa.com/standard/conte.../warranty.aspx. It said the following:

This vehicle must meet current BMW Certified Pre-Owned guidelines for transfer eligibility:
 Vehicle must have originally been sold as Certified Pre-Owned on or after January 1, 2014.

I read it as, after 1/1/2014, you can only buy a BMW with CPO status (originally) at a BMW dealer, not private party nor third party dealers. My service adviser at BMW agreed with me. No CPO status can be transferred from private to private after 1/1/2014.
No. It's clear. If and only if CPO coverage was added to the vehicle after 1/1/14, (its first time ever being sold as a CPO vehicle), then one of the following will apply:

-CPO is fully transferrable to its subsequent owner if the BMW is traded in at and sold by a BMW dealership. If the BMW is traded-in at a BMW dealership, then sold to another BMW dealership, the CPO will still remain active on the vehicle and will be transferred to its next owner once sold by that BMW dealership. If the vehicle is sold or transferred to any dealership other than a BMW dealership, CPO is lost.

-CPO is fully transferrable IF the BMW is sold by its registered private owner to another private owner using this form within 60 days of the transfer. In addition, you are required to send BMW the following:
  • Copy of documentation evidencing change of ownership and mileage at time of sale.
  • Notarized Seller Statement affirming the vehicle is a Certified Pre-Owned vehicle.
  • $200 warranty transfer fee; check payable to BMW of North America, LLC.
  • * Acceptable documentation includes a bill of sale and/or state of title application.
-CPO IS LOST if the BMW is traded-in at or purchased by a non-BMW dealership. This means any independent used car lot, or any other franchised dealership such as Mercedes, Audi and even Mini.

The good news is that at this stage, the vast majority of CPO's were issued before 2014.
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      08-14-2014, 10:59 AM   #43
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Does this include the Factory Warranty on a used Vehicle? I purchased by car that was still under factory warranty from BMW, and BMW extended the factory warranty to 160k KMs and/or 2 years.
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