10-11-2018, 08:34 PM | #1 |
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CPO vs Extended Warranty
I'm on the hunt for a lightly used 15/16 50i. I'm having a hard time finding a CPO with the miles I want, color, options, etc. I'm starting to wonder if I should broaden my horizon to non-CPOs and just get an extended warranty.
I do not have experience with extended warranties but I've had a CPO Bimmer in the past. Anyone have experience with both and can provide some insight, recommendations?
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10-11-2018, 09:03 PM | #5 |
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The 2015s should be staring to run out of factory warranty based on the fact they are nearing four years old at this point.
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10-11-2018, 09:04 PM | #6 |
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To the OP: BMW warranties have been dwindling in coverage over the years. CPO used to mean something, these days, it's referred to as CP-No.
Best coverage will always be factory coverage. |
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10-11-2018, 09:15 PM | #7 | |
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Oct 2020 |
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10-11-2018, 09:39 PM | #8 |
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Interesting. Any experience with aftermarket extended warranties?
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10-12-2018, 12:08 AM | #9 | |
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10-12-2018, 07:45 AM | #10 |
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10-12-2018, 04:29 PM | #12 | |
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After the 1 year extension plan, it jumps to $1700+. I need a brake service soon, (rotors & pads F+R), so this will pay for itself immediately. This is a 'no brainer' to me & made an appointment for next week to extend the plan & get the brake service done. |
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10-12-2018, 04:40 PM | #13 |
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Yep, CarMax warranties are 1 of the best out there. All warranty work is carried out at your local authorized BMW dealer.
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10-12-2018, 09:39 PM | #14 | |
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10-13-2018, 12:33 AM | #15 | |
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10-13-2018, 06:39 AM | #16 |
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Good to know on the Carmax warranty. 5yr/100k - That's 5 years since the car was originally put in service? If so, $3.5k seems a little steep for 2 years of warranty (assuming I find a 2015 coming off a 3 year lease).
I'm not worried about the maintenance plan. Just the CPO in case something major goes wrong.
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10-13-2018, 01:06 PM | #18 |
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Nice, do you know if you can get a warranty like that if you buy a car from a random dealer or is that specific to Carmax?
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10-13-2018, 01:07 PM | #19 |
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Specific to carmax.
There are 3 plans, 5/75k, 5/100k and 5/125k Attaching a screenshot. Last edited by bmwx5er; 10-13-2018 at 01:12 PM.. |
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