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BMW CPO Warranty and Warranty Extension questions

40 messages,  Last post on Sep 25, 2008 at 4:58 PM

You are in the BMW 3-Series Forum. Your Hosts are pat & karens

What is this discussion about? Certified Used (CPO), Car Warranties, Sedan


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#1 of 40
BMW CPO Warranty and Warranty Extension questions... by drolly
Feb 06, 2007 (1:17 pm)
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With anybody who has read my posts in the last month or so, I'm looking at a Certified 2004 325i with 30k miles on it. With the car, there is a CPO which kicks in after the original 4yr/50k plan which is a bumper to bumper with a $50 deductible. However, BMW also offers an extension of the original 4yr/50k to 6yr/100k for $1395 which would cover everything except for gas and tires.
 
Now, a couple of questions. First of all, does it even make sense for me to look at Certified cars if I'm planning on buying the warranty extension anyway? Second, is this warranty extension even available for me? When talking to the sales rep with the aforementioned car, they have never said it wasn't available, even quoting me prices WITH the extension. However, if I go to BMW's website, it states that "If you’re the original owner of your BMW, you can extend your service contract...." I'm obviously not the original owner, so does anybody know if this is even available to me??
 
Thanks!
#2 of 40
Re: BMW CPO Warranty and Warranty Extension questions... [drolly] by kyfdx HOST
Feb 06, 2007 (7:43 pm)
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Replying to: drolly (Feb 06, 2007 1:17 pm)

Two different items..
 
The CPO warranty, which kicks in when the original 4/50 warranty expires is for repairs of warranted items.. It mimics the same extended warranty that an original owner can purchase for his car. The cost of this warranty to an original owner is around $2300.
 
The $1395 that you were quoted? (marked up a couple hundred, BTW) This is an extension of the maintenance plan. This pays for oil changes, brakes, inspections, etc.. Any one can buy this, whether original owner or not.
 
Clear as mud?
 
regards,
kyfdx
#3 of 40
Re: BMW CPO Warranty and Warranty Extension questions... [kyfdx] by drolly
Feb 06, 2007 (8:15 pm)
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Replying to: kyfdx (Feb 06, 2007 7:43 pm)

Well, $1395 quoted originally, down to $895 once negotiations commenced.
 
Thanks for the info and yes that does clear it up. Not really how it was explained to me by the dealer. Basically the dealer explained it as "everything included in the 4yr/50k extended to 6yr/100k." But your explanation makes more sense once its pieced together.
#4 of 40
Re: BMW CPO Warranty and Warranty Extension questions... [drolly] by kyfdx HOST
Feb 07, 2007 (7:40 am)
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Replying to: drolly (Feb 06, 2007 8:15 pm)

The dealer is correct... but, just regarding the maintenance extension.. The coverage is identical to the original maintenance plan..
 
Of course, the CPO warranty is less comprehensive than the original 4/50 warranty and has the $50 deductible.
 
Good luck!
 
kyfdx
#5 of 40
CPO Warranty question by cotmc
Feb 07, 2007 (12:29 pm)
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Hi kyfdx,
 
I know the BMW CPO warranty coverage begins when the original factory warranty expires, either at 4 years or 50K miles, whichever comes first.
 
Is the CPO coverage intended to provide a full 6-yrs and 100K of warranty coverage, regardless of when the original warranty expires? In other words, is it possible for the CPO warranty to extend beyond a 2-year period if the car reaches 50k miles long before it is 4 years old?
 
Or, is the CPO warranty coverage limited to a time period of two years max?
 
TIA!!
#6 of 40
Re: CPO Warranty question [cotmc] by kyfdx HOST
Feb 07, 2007 (12:38 pm)
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Replying to: cotmc (Feb 07, 2007 12:29 pm)

Yes... 6 years from original in-service date, or 100K total vehicle miles, whichever comes first... and, regardless of when the original warranty expired, and regardless of whether it expired for mileage or time..
 
In other words, once you are out of the original warranty period, they check for 6yr/100K from original date.. nothing else matters..
 
regards,
kyfdx
#7 of 40
Re: CPO Warranty question [kyfdx] by ytsejam
Mar 30, 2007 (3:27 am)
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Replying to: kyfdx (Feb 07, 2007 12:38 pm)

This is flatly wrong. The CPO warranty only kicks in after the original factory warranty expires. If you think you will be able to drive 25K miles each of the first two years of ownership, and then take it easy for the next 4 years and be covered by the CPO warranty, prepare for a surprise. The extended CPO warranty will remain in effect for 24 months or 50K miles from the expiration of the factory warranty (whichever comes sooner); it does not take over, but rather add to it.
 
Look here; nowhere does it mention anything about 6 years from original in-service date.
#8 of 40
Re: CPO Warranty question [kyfdx] by ytsejam
Mar 30, 2007 (3:23 am)
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Replying to: kyfdx (Feb 07, 2007 12:38 pm)

This is flatly wrong. The CPO warranty only kicks in after the original factory warranty expires. If you think you will be able to drive 25K miles each of the first two years of ownership, and then take it easy for the next 4 years and be covered by the CPO warranty, prepare for a surprise. The extended CPO warranty will remain in effect for 24 months or 50K miles from the expiration of the factory warranty (whichever comes sooner); it does not take over, but rather add to it.
 
Look here; nowhere does it mention anything about 6 years from original in-service date.
#9 of 40
Re: CPO Warranty question [ytsejam] by kyfdx HOST
Mar 30, 2007 (8:39 am)
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Replying to: ytsejam (Mar 30, 2007 3:23 am)

Sorry... but you are mistaken...
 
The 6yr/100K warranty expiration is from the original in-service date.. no matter how quickly you get the first 50K miles..
 
I realize it doesn't read exactly that way, but if you pull up the vehicle history report on any CPO BMW, you will see that I'm correct. The expiration is always 6 years from the original in-service date.
 
regards,
kyfdx
#10 of 40
Re: CPO Warranty question [kyfdx] by ytsejam
Mar 30, 2007 (10:39 am)
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Replying to: kyfdx (Mar 30, 2007 8:39 am)

Do you own a CPO BMW? If not, what makes you so sure? I bought a CPO car from a dealer last night, so believe me - I found that out.
 
Vehicle history reports (I assume you mean CarFax) are absolutely meaningless when it comes to determining when the CPO warranty expires.

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