Lease end purchase with open recall 2018 X5 diesel

[Jino313]

Hi all

I would like to have wise advice over the issue that i am going thru.

I have 2018 X5 diesel leased and try to purchase the vehicle at the end of the lease term with CPO certified, which will provide a limited coverage for 6 years unlimited mileage.

Allowed mileage 42000
Current mileage 54000

The reasons i would like to keep this car are that 1. we do not get to have X5 diesel anymore, 2. i did not care about the mileage much since i was going to buy it. 3. current market situation.

The dealership initiated the CPO certification process back in November 2021, and notified me that i would not be able to purchase the car with CPO certified since there was an open recall, EGR cooler 21v-907, which still do not have a remedy. i have been extending the lease for last 6 months hoping that this could be resolved.

Now i was told that i have reached the maximum allowed time for the lease extension.

I have talked to BMW FS, relations and dealerships numerous times over this issue, and have been directed to different departments with different responses.

Yes i have an option to buy this car thru BMW FS directly (Refijet) or other lenders singing a waiver for the recall, but will not be able to obtain CPO warranty.

Am i putting too much emphasis on CPO coverage?
I think whether having coverage for next 18 months or not is huge.

I would appreciate if anyone can share own experience or advice please.

thank you all!

[ithatel]

So many things are not covered, especially the things that will need work at 60,000 miles.
Bushings, motor mounts, anything rubber.
I’ve found a local Indy shop thats very good, just busy.
Buy it keep it and smile.

Doug

[RED_Y_]

You get extra year and unlimited miles for CPO but if you don't drive much I would not worry about it.

[X Mon™]

Why not BUY or negotiate extended coverage package through BMW? The Platinum level is analogous if not BETTER than the CPO warranty. Talk to the Finance folks at your local dealer.

[bmwx5er]

Better yet, buy a good 3rd party warranty for nearly half the cost and pocket the balance, and enjoy the vehicle.

TLDR; cpo isn't worth it

[happydude]

I paid $200 to transfer a CPO warranty onto my X5 when I purchased it via private sale and felt like it was a waste of money. CPO hardly covers anything and is not worth it. Many people refer to it as CP(No) warranty.

[BDO]

You're definitely placing too much value on CPO. Buy the car.