CPO or 10k$ off?

JFB · 03-06-2015, 08:25 PM

So here I am again on the hunt... For my E90.

Went to see a really nice one today. 2011.75 E90, DCT, Jerez black, red leather interior, fully loaded, no ECP. 83,000km, 43,000$CDN. Put on the road Jan 2012.

Up next, BMW ppi and Blackstone's oil test.

From I can gather in my research, this car would cost around 55,000$CDN at a dealership, if I could ever stumble upon one.. But it would come with a 2 year CPO.

Now I'm trying to evaluate if, once the ppi and oil test come back all positive, 10k$ less than a dealership price is a worthy substitute for a 2 year CPO... Now of course a BMW warranty is second to none, but is it reasonable to assume I would spend less than 10k$ in maintenance in two years provided no engine blow up or anything out of the ordinary?

I would be driving the car in summer only, about 12,000km per season. Stored in the winter.

Harry Da Hamster · 03-06-2015, 08:40 PM

$10 CDN is approx $8k USD. I would take the non-CPO route. But make sure you do a PPI first

Flying Ace · 03-06-2015, 09:09 PM

Is it currently under original warranty now?

JFB · 03-06-2015, 09:10 PM

Unfortunately no... Original warranty in Canada ends at 80,000km

Yvette · 03-06-2015, 09:16 PM

Why you looking for high km car?

OneSickM · 03-06-2015, 09:23 PM

Quote:

Originally Posted by e90sexion

Why you looking for high km car?

Are you serious? do you consider 80k high km? lol

OP at 43k CAD thats about 35k USD ..the car is a steel at this price. I would jump on it

Flying Ace · 03-06-2015, 09:31 PM

You can always buy aftermarket warranty and even BMW warranty after you buy the car (BMW version won't be as good, but cheaper than $8k USD)

pbonsalb · 03-07-2015, 06:48 AM

For $8k, you could do some repairs. For about half that, you could do a preventative maintenance rod bearing change, you could do throttle actuators when they fail, you could change all fluids and plugs and filters. Even if you paid more for a CPO car, you would not get a rod bearing change unless your engine failed and then the car would be out of action for 2 months rather than 2 days because the entire engine would have to be replaced, your throttle actuators might not fail within the 2 year cpo period, and BMW does not do any maintenance under CPO.

bing240sx · 03-07-2015, 07:30 AM

i think it depends on where you buy it from.

i held out for a CPO car, paid more but there were issues with the car they didnt know about; some poop cosmetic repairs the previous owner did and didnt report. I was able to get the dealer to redo things properly which would have cost me $4k to get done at a BMW certified shop otherwise.

check the vehicle's history and try to best determine how the dealer you bought from obtained the car. i guess a BMW dealer wouldnt want to put that car back on the lot with that mileage so it was bound to end up at a secondary dealer but those guys don't always do their full due diligence or disclosure on sale...

JFB · 03-07-2015, 08:30 AM

Quote:

Originally Posted by bing240sx

i think it depends on where you buy it from.

i held out for a CPO car, paid more but there were issues with the car they didnt know about; some poop cosmetic repairs the previous owner did and didnt report. I was able to get the dealer to redo things properly which would have cost me $4k to get done at a BMW certified shop otherwise.

check the vehicle's history and try to best determine how the dealer you bought from obtained the car. i guess a BMW dealer wouldnt want to put that car back on the lot with that mileage so it was bound to end up at a secondary dealer but those guys don't always do their full due diligence or disclosure on sale...

The car was owned by BMW Financial since it was put on the road in 01/12. I'm assuming lease here. 1 owner. Current third party dealer picked it up in auction in 08/14 and has since put 700km on it. Car came from Budd's in Toronto... History from BMW records doesn't have everything expected. It's weird. Last oil change shown is at 33,000km. I'm sure the owner didn't go 50,000km without changing oil, but with free maintenance, why would owner go anywhere else? That's what I find hard to understand...

FormulaMMM · 03-07-2015, 08:44 AM

Definitely too much for CPO. Buy it, get an aftermarket warranty on the vitals for ~$3k (US).

1MOREMOD · 03-07-2015, 08:53 AM

Quote:

Originally Posted by pbonsalb

For $8k, you could do some repairs. For about half that, you could do a preventative maintenance rod bearing change, you could do throttle actuators when they fail, you could change all fluids and plugs and filters. Even if you paid more for a CPO car, you would not get a rod bearing change unless your engine failed and then the car would be out of action for 2 months rather than 2 days because the entire engine would have to be replaced, your throttle actuators might not fail within the 2 year cpo period, and BMW does not do any maintenance under CPO.

This. The amount of money you likely save there is far in excess of what you are probably gonna spend in repairs over the 2 years of cpo.

OneSickM · 03-07-2015, 09:31 AM

Am I missing something? Why the car is priced cheap? Is there any accident or paint on the car?

JFB · 03-07-2015, 10:05 AM

Quote:

Originally Posted by OneSickM

Am I missing something? Why the car is priced cheap? Is there any accident or paint on the car?

Not that I can tell. I inspected it closely and put it on a lift. Carproof (Canadian CARFAX) is clean. One accident in delearship lot at 26km, 1600$.

BMW ppi and oil sample will reveal fuller details come Monday or Tuesday.

FormulaMMM · 03-07-2015, 03:45 PM

Quote:

Originally Posted by JFB

Not that I can tell. I inspected it closely and put it on a lift. Carproof (Canadian CARFAX) is clean. One accident in delearship lot at 26km, 1600$.

What?

JFB · 03-07-2015, 06:30 PM

Quote:

Originally Posted by FormulaMMM

Quote:

Originally Posted by JFB

Not that I can tell. I inspected it closely and put it on a lift. Carproof (Canadian CARFAX) is clean. One accident in delearship lot at 26km, 1600$.

What?

Not sure what you're getting at... ??

Alohaaaaa · 03-07-2015, 07:14 PM

M3's in Canada are so cheap right now... Don't worry about CPO!

I got my 2012 CPO for 52 CAD.

$1600 is a seriously cheap accident on an M3... I bet it was a super low velocity impact that scuffed a bumper, so they replaced it. Some tit probably pulled too close parking or something.

burtonsbs5114 · 03-09-2015, 09:35 AM

If you are concerned about a warranty, you could buy a third party warranty for much less than $8,000 usd.

Twinbo · 03-09-2015, 01:31 PM

Quote:

Originally Posted by JFB

The car was owned by BMW Financial since it was put on the road in 01/12. I'm assuming lease here. 1 owner. Current third party dealer picked it up in auction in 08/14 and has since put 700km on it. Car came from Budd's in Toronto... History from BMW records doesn't have everything expected. It's weird. Last oil change shown is at 33,000km. I'm sure the owner didn't go 50,000km without changing oil, but with free maintenance, why would owner go anywhere else? That's what I find hard to understand...

Two lines of thought on how a 3rd party dealer ended up with this car:
1. Car is high(er) mileage and BMW dealer's didn't want to take a chance on selling an M3 in fall/winter.
2. Car has some shady history and the BMW dealer didn't like what he saw

From what I understand, these cars only hit non-BMW auctions after the car has been passed over on the internal dealer auction. PPI will hopefully identify everything you need to know. Where are you PPI'ing the car? I've used Bimmersport and Engineered Automotive for PPI on M3 in the GTA.

JFB · 03-09-2015, 02:27 PM

Quote:

Originally Posted by Twinbo

Quote:

Originally Posted by JFB

The car was owned by BMW Financial since it was put on the road in 01/12. I'm assuming lease here. 1 owner. Current third party dealer picked it up in auction in 08/14 and has since put 700km on it. Car came from Budd's in Toronto... History from BMW records doesn't have everything expected. It's weird. Last oil change shown is at 33,000km. I'm sure the owner didn't go 50,000km without changing oil, but with free maintenance, why would owner go anywhere else? That's what I find hard to understand...

Two lines of thought on how a 3rd party dealer ended up with this car:
1. Car is high(er) mileage and BMW dealer's didn't want to take a chance on selling an M3 in fall/winter.
2. Car has some shady history and the BMW dealer didn't like what he saw

From what I understand, these cars only hit non-BMW auctions after the car has been passed over on the internal dealer auction. PPI will hopefully identify everything you need to know. Where are you PPI'ing the car? I've used Bimmersport and Engineered Automotive for PPI on M3 in the GTA.

Taking it to bmw dealer tomorrow.

In the Montreal area.

JFB · 03-10-2015, 04:38 PM

So PPI at BMW dealership was done today on this 2011, 83,000 km DCT full equip M3. All in all good news... Just two little things... 3000$ !!!! What?! 3000$? It's not as bad as it sounds...

First off, and small detail, but expensive one... Passenger mirror won't fold in. It's loose. Apparently very common. Mirror 900$, +labour total 1200$... Not worried, I can find this part cheaper and get it installed way cheaper... Plus, I can screw it in place and fix it later...

The other thing bothers me a little, but I hope you guys can chime in. There are traces of oil on the DCT gasket. Meaning it could be leaking. Evidence shows the gasket is sweating., and probably not leaking... Dealer quote... 1350$ to change the gasket. Includes 500$ of oil (!!!!!!!), a 300$ oil pan (???) and 14 bolts 130$. Is this something I need to change right away? Don't get me wrong, I want to change it, but should I get one summer of driving out of it before I store it and then get it changed before I store it? Also, is this something I can get done at the indie BMW shop? Or should messing with DCT be left to the dealership guys?

Oh, I forgot. There is apparently a lot of water in the trunk where the spare would normally be. It was explained to me it's probably just the drain plugs that need cleaning... Is there a possibility there's something serious here? The seller/third party dealer told me he shampooed the car and it's probably left over water... Need input here...

Thanks for helping a brother out. Blackstone was shipped today, so I should have results Thursday. If it's clean, then me thinks I'm buying this... Unless, of course, my questions as cited above point to serious issues.

Beemdog · 03-10-2015, 05:06 PM

The DCT oil pan gasket is sold only as a pair with the plastic oil pan itself, so that is normal (although the online price is $160). You can get the Pentosin DCT fluid online a considerably cheaper than $500 (see ECS Tuning, $259 for fluid, filters, and drain plugs). The pan bolts are normally re-used. A small amount of seepage does not mean you have to change the gasket right away.

Definitely not normal to have water in the spare tire well. I would want to know more about how that occurred. This isn't a '68 Chevelle, shouldn't leak water in anywhere, so hopefully the story about the shampoo job is true (too many hookers in the trunk?).

03-06-2015, 08:25 PM	#1
JFB Captain 206 Rep 650 Posts Drives: 2016 F80 LSB Join Date: Feb 2015 Location: Montreal iTrader: (3) Garage List 2011 M3 [0.00]	CPO or 10k$ off? So here I am again on the hunt... For my E90. Went to see a really nice one today. 2011.75 E90, DCT, Jerez black, red leather interior, fully loaded, no ECP. 83,000km, 43,000$CDN. Put on the road Jan 2012. Up next, BMW ppi and Blackstone's oil test. From I can gather in my research, this car would cost around 55,000$CDN at a dealership, if I could ever stumble upon one.. But it would come with a 2 year CPO. Now I'm trying to evaluate if, once the ppi and oil test come back all positive, 10k$ less than a dealership price is a worthy substitute for a 2 year CPO... Now of course a BMW warranty is second to none, but is it reasonable to assume I would spend less than 10k$ in maintenance in two years provided no engine blow up or anything out of the ordinary? I would be driving the car in summer only, about 12,000km per season. Stored in the winter.
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03-06-2015, 08:40 PM	#2
Harry Da Hamster Captain 86 Rep 623 Posts Drives: The Bus Join Date: Jun 2011 Location: HNL iTrader: (5)	$10 CDN is approx $8k USD. I would take the non-CPO route. But make sure you do a PPI first
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03-06-2015, 09:09 PM	#3
Flying Ace Lieutenant General 4987 Rep 11,891 Posts Drives: G05 45e, 997.1 & 991.1 GT3s Join Date: Jul 2014 Location: SF, CA iTrader: (5)	Is it currently under original warranty now?
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03-06-2015, 09:10 PM	#4
JFB Captain 206 Rep 650 Posts Drives: 2016 F80 LSB Join Date: Feb 2015 Location: Montreal iTrader: (3) Garage List 2011 M3 [0.00]	Unfortunately no... Original warranty in Canada ends at 80,000km
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03-06-2015, 09:16 PM	#5
Yvette Major General 761 Rep 7,408 Posts Drives: M Join Date: Sep 2006 Location: Vancouver iTrader: (19)	Why you looking for high km car?
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03-06-2015, 09:31 PM	#7
Flying Ace Lieutenant General 4987 Rep 11,891 Posts Drives: G05 45e, 997.1 & 991.1 GT3s Join Date: Jul 2014 Location: SF, CA iTrader: (5)	You can always buy aftermarket warranty and even BMW warranty after you buy the car (BMW version won't be as good, but cheaper than $8k USD)
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03-07-2015, 06:48 AM	#8
pbonsalb Lieutenant General 5275 Rep 10,669 Posts Drives: 18 F90 M5, 99 E36 M3 Turbo Join Date: Feb 2011 Location: New England iTrader: (4)	For $8k, you could do some repairs. For about half that, you could do a preventative maintenance rod bearing change, you could do throttle actuators when they fail, you could change all fluids and plugs and filters. Even if you paid more for a CPO car, you would not get a rod bearing change unless your engine failed and then the car would be out of action for 2 months rather than 2 days because the entire engine would have to be replaced, your throttle actuators might not fail within the 2 year cpo period, and BMW does not do any maintenance under CPO.
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03-07-2015, 07:30 AM	#9
bing240sx Captain 122 Rep 681 Posts Drives: F87 M2C /// E90 M3 ESS-VT2 Join Date: Dec 2012 Location: Canada iTrader: (2)	i think it depends on where you buy it from. i held out for a CPO car, paid more but there were issues with the car they didnt know about; some poop cosmetic repairs the previous owner did and didnt report. I was able to get the dealer to redo things properly which would have cost me $4k to get done at a BMW certified shop otherwise. check the vehicle's history and try to best determine how the dealer you bought from obtained the car. i guess a BMW dealer wouldnt want to put that car back on the lot with that mileage so it was bound to end up at a secondary dealer but those guys don't always do their full due diligence or disclosure on sale... __________________ FACEBOOK GROUPS: Canadian BMW M-Cars /// Ontario Infiniti G & Nissan Z /// WEB: NYSPEED.com
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03-07-2015, 08:44 AM	#11
FormulaMMM Brigadier General 3663 Rep 3,422 Posts Drives: E90 M3 Join Date: Oct 2011 Location: Midwest iTrader: (2)	Definitely too much for CPO. Buy it, get an aftermarket warranty on the vitals for ~$3k (US). __________________ M4 GTS, GT3, C63 S \| E90 M3s, E39 M5
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03-07-2015, 09:31 AM	#13
OneSickM Captain 122 Rep 750 Posts Drives: M3 Join Date: Jul 2014 Location: --- iTrader: (2)	Am I missing something? Why the car is priced cheap? Is there any accident or paint on the car?
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03-07-2015, 07:14 PM	#17
Alohaaaaa Captain 58 Rep 791 Posts Drives: 2011 550xi Join Date: Jan 2014 Location: Calgary, AB iTrader: (0) Garage List 2008 BMW 135i [0.00] 2012 BMW E92 M3 ZCP [10.00]	M3's in Canada are so cheap right now... Don't worry about CPO! I got my 2012 CPO for 52 CAD. $1600 is a seriously cheap accident on an M3... I bet it was a super low velocity impact that scuffed a bumper, so they replaced it. Some tit probably pulled too close parking or something. __________________ 2017 Nitro Blue Ford Focus RS 2008 Sparkling Grey Metallic 135i 6MT - JB4 G5 - MHD Race BEF - N54Tuning DP's - ER Chargepipe/w HKS SSQV - Coolingmist Progressive Meth - MMP Hot Side Inlets - AFE Exhaust - Seconday Cat Delete - AMS FMIC - BMS Catch Can - Rob Beck PCV - LUX 160 AE
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03-09-2015, 09:35 AM	#18
burtonsbs5114 Major 368 Rep 1,197 Posts Drives: 2021 F87 M2c. LBB, 6mt Join Date: Nov 2014 Location: Fort Lauderdale, FL iTrader: (0) Garage List 2006 MV Agusta Burt ... [0.00] 2012 Trek Madone 6. ... [0.00] 2008 BMW e93 M3 [0.00]	If you are concerned about a warranty, you could buy a third party warranty for much less than $8,000 usd. __________________ 2021 F87 M2c. Long Beach Blue over black with blue stitching. 6mt, executive package, slick top.
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03-10-2015, 04:38 PM	#21
JFB Captain 206 Rep 650 Posts Drives: 2016 F80 LSB Join Date: Feb 2015 Location: Montreal iTrader: (3) Garage List 2011 M3 [0.00]	Verdict #1 of 2 is in... So PPI at BMW dealership was done today on this 2011, 83,000 km DCT full equip M3. All in all good news... Just two little things... 3000$ !!!! What?! 3000$? It's not as bad as it sounds... First off, and small detail, but expensive one... Passenger mirror won't fold in. It's loose. Apparently very common. Mirror 900$, +labour total 1200$... Not worried, I can find this part cheaper and get it installed way cheaper... Plus, I can screw it in place and fix it later... The other thing bothers me a little, but I hope you guys can chime in. There are traces of oil on the DCT gasket. Meaning it could be leaking. Evidence shows the gasket is sweating., and probably not leaking... Dealer quote... 1350$ to change the gasket. Includes 500$ of oil (!!!!!!!), a 300$ oil pan (???) and 14 bolts 130$. Is this something I need to change right away? Don't get me wrong, I want to change it, but should I get one summer of driving out of it before I store it and then get it changed before I store it? Also, is this something I can get done at the indie BMW shop? Or should messing with DCT be left to the dealership guys? Oh, I forgot. There is apparently a lot of water in the trunk where the spare would normally be. It was explained to me it's probably just the drain plugs that need cleaning... Is there a possibility there's something serious here? The seller/third party dealer told me he shampooed the car and it's probably left over water... Need input here... Thanks for helping a brother out. Blackstone was shipped today, so I should have results Thursday. If it's clean, then me thinks I'm buying this... Unless, of course, my questions as cited above point to serious issues.
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03-10-2015, 05:06 PM	#22
Beemdog Woof! 352 Rep 1,323 Posts Drives: '11 M3 ZCP LeMans Blue Join Date: Mar 2014 Location: Sonoma Cownty, CA iTrader: (0) Garage List 2005 Dodge Viper [9.00] 2011 BMW M3 E92 [9.50] 2009 Ducati Hypermo ... [10.00]	The DCT oil pan gasket is sold only as a pair with the plastic oil pan itself, so that is normal (although the online price is $160). You can get the Pentosin DCT fluid online a considerably cheaper than $500 (see ECS Tuning, $259 for fluid, filters, and drain plugs). The pan bolts are normally re-used. A small amount of seepage does not mean you have to change the gasket right away. Definitely not normal to have water in the spare tire well. I would want to know more about how that occurred. This isn't a '68 Chevelle, shouldn't leak water in anywhere, so hopefully the story about the shampoo job is true (too many hookers in the trunk?).
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