Thread: Buying a CPO
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      10-15-2019, 08:05 AM   #7
NYC_X5
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Drives: ‘16 X5
Join Date: Dec 2018
Location: NYC

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Make sure to get a pre purchase Inspection. Do not trust the carfax at all. For history request two things from the dealer, 1- cpo checklist (somewhat detailed checklist of things they look at to certify a vehicle) pay attention to the checklist since some dealers check off everything without looking. 2- service and or work order on the vehicle. This will show service records that may not be on carfax. BMW has their own system that holds all the records. This will also show any warranty work that was done on the vehicle, gaskets, control arms, etc.

This is where the pre purchase inspection from a shop that specializes in European cars will be handy. They will (should) look at the vehicle inside and out. Usually cost about $100-200. Looks at body, mechanical and electrical.
There are companies that do mobile inspections (which is what I used). Saved plenty of time since I don’t have to drive for 2-5hrs to see a car that only appears to look good in photos.

Watch some YouTube vids on negotiating a price. Don’t believe the dealers final price or their claim that they do not negotiate. They can and always will go lower. Try to show interest and then get up to walk out the door, see how quickly they go after you trying to negotiate.
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