Last post on Nov 23, 2013 at 6:17 AM
You are in the BMW 3-Series
What is this discussion about?
BMW M3, BMW 3 Series, Motorsports, Engine, Suspension, Car Buying, Coupe
#516 of 762 2007 328 iT Wagon
Aug 17, 2010 (2:15 pm)
I posted this under prices paid and I am reposting here just in case.
I just bought a 2007 328 Wagon with 46k and CPO for $23,000. The KBB/Edmunds TMV - trade in is $21,000/$22,000 and CPO value is $28,000/29,000. I think there were some better deals out there - lower miles, similar price - but I did not want white or black or gray, which seems to be the vast majority of SoCal Bimmers. (What's with black in SoCal?) To get a color, I paid a little extra maybe.
Dual power lumbar seats
Love the car!
#517 of 762 Re: 2007 328 iT Wagon [edwardsf]
by kyfdx@Edmunds HOST
Aug 17, 2010 (3:16 pm)
Looks like a good deal! I love the wagons...
So...what color did you get?
#519 of 762 Re: 2007 328 iT Wagon [kyfdx]
Aug 17, 2010 (4:16 pm)
I am glad SOMEone likes wagons! I am a single guy and keep getting asked why I have a station wagon since I have no kids. 'Cause they are fast, fun, get good gas mileage and I can put my mountain bike in there,' I say. They look at me like I am some communist, cheese eating surrender monkey because I don't have a gas guzzling SUV.
The car is Platinum Bronze. I don't get the "bronze" concept; in most light situations, it looks gold. There are so few wagons and even less with those nice BMW burgundy, green, light blue and gold colors. Ve vant to look Teutonic! I also wanted beige interior as the So Cal sun really heats up black interiors when parked even part of the day at the trailhead.
#520 of 762 2006 BMW 330 XI CPO....BEST PRICE??????
Aug 17, 2010 (4:35 pm)
Hello everybody ..I'm on Long Isalnd NY,,,,
What would be a fair price for CPO(exp 09/12--100k miles) 2006 330 XI 32k miles, NAVIGATION, HEATED SEATS, SUNROOF, XENON LIGHTS, CD CHANGER, BLUETOOTH, 7 SPEAKERS..18 " WHEELS....
How much should I pay??? The dealer wants 24k firm...Thanks in advance
#521 of 762 Re: 2007 328 iT Wagon [edwardsf]
Aug 17, 2010 (8:26 pm)
Congrats man! Wagons rule!
#522 of 762 How does CPO work?
Aug 21, 2010 (9:12 am)
Hi - I am a little confused on how the CPO works? My understanding is CPO in generak is 6 years/100K miles. So, if I buy a CPO 2009 car which originally had warranty till 2012 , does the CPO start from 2009 (ie date of service) or from 2012 once the original warranty expires?
Alternatively, is it a good option to buy a non CPO car and then get extended warranty once the original warranty expires?? I
#523 of 762 Re: How does CPO work? [bmw_gss]
by kyfdx@Edmunds HOST
Aug 21, 2010 (1:16 pm)
The 6yr/100 coverage is from the original in-service date... Of course, until the original warranty expires, you won't use it.. So, it only kicks in after 4 years of 50K miles, whichever comes first...
#524 of 762 Re: How does CPO work? [kyfdx]
Aug 22, 2010 (6:25 am)
Ok that makes sense....thanks dude!
I am looking at a 2010 loaner whose warranty ends Nov 2013. I am thinking of getting extended warranty as I plan to have the vehicle for atleast 5 years if not more. Can someone recommend what kind of warranty to go for - in terms of price, coverage etc. Is this something that BMW offers or is it something that the dealer offers? Lastly, would you advise getting the ext warranty right away or wait till the original expires in 2013 and shop for it at that point?
Thanks for your time!
#525 of 762 Re: How does CPO work? [bmw_gss]
Aug 23, 2010 (9:57 am)
CPO is not an extended warranty...it is only offered through dealerships.
It usually has additional 'features' that are not included on an extended warranty -- I'm only familiar with the Lexus CPO...which includes the same % APR as new vehicles, road side assistance (with coverages for hotel stays), rentals, etc...a bunch of 'stuff'
Extended warranty companies can go out of business (there was a recent one which went under; can't remember the name)...whereas automobile companies can be too big to fail (GM's are still honored).
I did a CPO...probably wouldn't again. If you need to sell you car earlier (for whatever reason)...you'll be "upside down" because your purchase price was so much higher than comparable vehicles without the "warranty".
long - short story--I had starting issues, took the car to the dealer, they replaced the battery and starter button (I thought...good a free new battery). Less than a year later I had starting problems again and it turns out the 'new' battery they gave me had bad cells. Since the dealer gave me the battery I didn't have the battery warranty...and the dealer coverage period for batteries only went to 50K...i was just over that mileage...so too bad...you need to buy a battery. I went to sears to buy a better battery for $110 instead of the $180+ for bottom of the ladder, cheapo one they offered...
Although if my transmission goes out...after the power train warranty expires (which are usually pretty long)...then I may recoup my CPO costs. If this does happen, I suspect they may be another caveat that disqualifies the coverage...cynical...
I think extended warranties are more about 'feeling good' than actual coverage...I'm beginning to think i'd "feel" better with my money in my pocket
I'm not certain if extended warranties are transferable or reimburse if you cancel early.
What type of car? Options?