Last post on Jun 02, 2009 at 12:34 PM
You are in the BMW 3-Series
What is this discussion about?
BMW 3 Series, Sedan, Wagon
#1 of 19 What to do when the CPO period ends?
Dec 23, 2008 (7:15 am)
I have a 2003 330xi. The CPO period expires soon. This program has already paid for itself due to a few repairs that were necessary. The car only has 55K miles. Here's the question....should I keep the car past the warranty period? I love the car, but am worried that the cost of up keep may be very expensive. If I sell I have been thinking about moving into a certified 2008/2009 Acura TSX (I know different kinda car) or a TL. The only thing I don't like about my car (other than potential future repair and maintenance bills) is the mileage...19/20 ave mpg.
What kind of experience have folks had with your cars when the warranty stops...should I keep it? Thanks!
#2 of 19 Re: What to do when the CPO period ends? [skgolfer]
by MrShift@Edmunds HOST
Dec 23, 2008 (9:27 am)
This is a crystal ball question but as a visiting host I'll give you my two cents, for whatever it is worth.
GIVEN that a) this car already has a history of being a bit troublesome
that it is a complex German luxury car
that you are concerned about expenses after warranty and you probably don't do your own repair work
then I would suggest d)
which would be to sell no later than around 80,000 miles.
Why 80K? Because this is just about the time that a BMW starts to get hungry for those normally expendable items that most cars might need at this time.
The only other consideration is how much depreciation you've suffered and if you are comfortable with what the car has cost you to own it in five years time.
#3 of 19 Re: What to do when the CPO period ends? [skgolfer]
Dec 23, 2008 (12:32 pm)
I'm the opposite of Mr Shiftright, I drive my BMWs anywhere from 30,000-50,000 miles past the end of the warranty period. My E36 3er has 114000 miles on it and costs $50/month to run. My wife's E39 5er ran $90 to run through 130,000 miles. We'd still have it but my wife wanted an X3 and we already had 3 cars in the driveway. As for your E46, the only thing it's going to need that isn't covered by the warranty may be a few front end parts and possibly brakes- and those items can be taken care of by a good indie BMW tech for not a lot of money. The wild card is whether your car is a slushbox. Sometimes they make it to 200,000 miles, others go at 90,000 miles.
#4 of 19 Re: What to do when the CPO period ends? [roadburner]
by MrShift@Edmunds HOST
Dec 23, 2008 (1:21 pm)
Well I was thinking about you when I answered the question because I noted that the original poster apparently does not do any of his own maintenance work as you do, nor (I assume) he isn't networking amongst the various BMW clubs, and thus is totally reliant on the dealer and the CPO warranty for parts and labor.
I think this makes a big difference as to how I might advise someone about after-warranty periods.
If skgolfer is a more active participant in BMW repair and maintenance, then maybe I'm off base here.
#5 of 19 Re: What to do when the CPO period ends? [Mr_Shiftright]
by kyfdx@Edmunds HOST
Dec 23, 2008 (2:09 pm)
In this case, I'm even farther to the right than you are...
He's had the car for six years.. already problematic.. But, it's been under warranty the entire time.. Keeping it to 80K includes some pretty pricy maintenance, and the warranty is up shortly (six year limit)...
So.. it's been extremely cheap to maintain repair for the six years he's had it... I say, get out while the getting is good... It sounds as though this member is risk-averse as it is... (looking for a TSX with an extended warranty)..
Just my $0.02..
#6 of 19 Re: What to do when the CPO period ends? [Mr_Shiftright]
Dec 23, 2008 (2:17 pm)
Well, I think he could still operate the vehicle for a reasonable cost if he finds a good dealer and/or independent shop. The 60K service for my wife's X3 was $424 at the dealer- and that included a brake fluid flush and the repair of a curbed wheel. The most the OP is looking at after the CPO warranty ends is a radiator and thermostat, maybe a couple of window regulators, and the BIG if- the autobox. The thing is, I hear loads of people say that they "need" a new car because their old one is costing too much to run. However, what they end up doing in many cases is trading $100-$150/month in repair costs for a $500/month loan or-even worse-a lease payment. I don't know if that's the case here, but I see it happen all the time...
#7 of 19 Re: What to do when the CPO period ends? [roadburner]
by MrShift@Edmunds HOST
Dec 23, 2008 (3:06 pm)
All true but I think you've been incredibly lucky and/or diligent with your monthly operating costs. Most people I know or speak to are operating far higher costs to drive their older BWMs around. However, if you had posted $150/month operating costs for an out-of-warranty BMW, I'd have to wager that that was more like what the average individual has to face, presuming of course nothing catastrophic like a gearbox.
#8 of 19 Re: What to do when the CPO period ends? [Mr_Shiftright]
Dec 23, 2008 (7:29 pm)
All true but I think you've been incredibly lucky and/or diligent with your monthly operating costs.
Well, that's been the case for my last three BMWs. Three different models, three different years; 1995, 1997, 2004. I don't believe it's luck. Yes, my CCA discount helps, as does a bit of research, but right now my 2007 POS Mazdaspeed 3 is proving to be much more problematic and more expensive to run than any late model BMW I've ever owned. Nothing but the Blau Mit Weiss for me from now on...
#9 of 19 Re: What to do when the CPO period ends? [roadburner]
Dec 23, 2008 (7:41 pm)
I am a bit risk adverse and I can only do the very, very basic maintenance myself. It just seems that whenever I have the car in to be repaired or serviced, the service folks tell me that I am lucky that I have the service and maintenance program still going. Front brakes - would have been $1,500, 50K service - would have been $1,300, Front axle boots - would have been $1K, front left CV cylinder - would have been $$$. Now it could be that this dealer is trying pad his profit. What kind of discounts do the BMW clubs actually provide....I am not currently a member. Thanks.
#10 of 19 Re: What to do when the CPO period ends? [skgolfer]
Dec 23, 2008 (8:12 pm)
It just seems that whenever I have the car in to be repaired or serviced, the service folks tell me that I am lucky that I have the service and maintenance program still going. Front brakes - would have been $1,500, 50K service - would have been $1,300,
Your dealer is trying to skin you. Bad. Pads and rotors for all four wheels of my wife's 2004 X3 cost less than $1000 at my dealer. And the Inspection II cost less than $400. They might be trying to scare you into a newer car. That's not unheard of.
Now it could be that this dealer is trying pad his profit.
That's the understatement of the year. Grand Larceny is more like it.
What kind of discounts do the BMW clubs actually provide
There is only one BMW Club in the US- the BMW Car Club of America. Many dealers and indie shops offer discounts of 10%-20% on parts and/or labor. Note that some unscrupulous dealers and shops charge 20%-30% over MSRP for parts, so the "discount" is really no such thing. I suspect that your dealer plays the same game.