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Buying a Used 3-Series

758 messages,  Last post on Dec 17, 2012 at 9:34 AM

You are in the BMW 3-Series Forum.

What is this discussion about? BMW M3, BMW 3 Series, Motorsports, Engine, Suspension, Car Buying, Coupe

Messages Page 53 of 76

#519 of 758 Re: 2007 328 iT Wagon [kyfdx] by edwardsf

Aug 17, 2010 (5:16 pm)

Replying to: 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 758 2006 BMW 330 XI CPO....BEST PRICE?????? by disco99

Aug 17, 2010 (5:35 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 758 Re: 2007 328 iT Wagon [edwardsf] by nyccarguy

Aug 17, 2010 (9:26 pm)

Replying to: edwardsf (Aug 17, 2010 5:16 pm)
Congrats man! Wagons rule!

#522 of 758 How does CPO work? by bmw_gss

Aug 21, 2010 (10:12 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
 
Thanks.

#523 of 758 Re: How does CPO work? [bmw_gss] by kyfdx HOST

Aug 21, 2010 (2:16 pm)

Replying to: bmw_gss (Aug 21, 2010 10:12 am)
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 758 Re: How does CPO work? [kyfdx] by bmw_gss

Aug 22, 2010 (7:25 am)

Replying to: kyfdx (Aug 21, 2010 2:16 pm)
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 758 Re: How does CPO work? [bmw_gss] by ivan_99

Aug 23, 2010 (10:57 am)

Replying to: bmw_gss (Aug 22, 2010 7:25 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?

#526 of 758 Re: How does CPO work? [ivan_99] by bmw_gss

Aug 23, 2010 (12:30 pm)

Replying to: ivan_99 (Aug 23, 2010 10:57 am)
Thanks Ivan. This is a 2010 328 XI with 6K miles - has the premium and value pacakges on it. So far got it to 33K, trying to get it down a bit more - do u think thats good enuff or there is room? Warranty ends 2013, so was not sure if I shud get the ext warranty which is what u responded to. Need to chew on what u suggested, leaning to not going for it...

#527 of 758 Re: How does CPO work? [bmw_gss] by ivan_99

Aug 24, 2010 (12:54 am)

Replying to: bmw_gss (Aug 23, 2010 12:30 pm)
When I do an autotrader & carmax search i find nothing that is close to 33k.
 
Seems like a fabulous price...but if there's still wriggle room then more money in your pocket.
 
If you're going to keep the vehicle for a long period of time I can see some 'potential' benefits...A co-worker of mine keeps his cars for 10 years, but never buys extended warranties (a Ford to 250k+ miles)...Now in a G37 coupe.
 
I had a Q45 a couple years ago which i purchased used. The previous owner had all documentation. The previous 18 months or so he spent over $7k for repairs. I had another $400ish...for one year before it passed away (murdered by a tree)...
 
If you keep it for 10 years it would be a shame to get to year 8 and have to replace anything major; but the 3 series seems to have a pretty good reliability record.
 
I suppose with an extended warranty you're guaranteed to have costs (the initial anyway) whereas if you 'chance' it you may or may not spend more than your initial outlay.

#528 of 758 2006 BMW 330xi by sjl2010

Aug 25, 2010 (5:18 am)

I am thinking of purchasing a used 2006 BMW 330xi and I'm hesitant. I've never owned a BMW before and I understand the cost of repairs can be high. I was wondering if anyone knows of any common problems with this particular model and if there's anything I should be aware of prior to purchasing this vehicle. The miles are a little bit high, so that's a concern for me as well.
 
Thanks!

Messages Page 53 of 76

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