Value of CPO vs Used?

bai2020 · 01-13-2018, 01:57 PM

Curious to the members thoughts regarding the value of buying CPO vs. used. The CPO come with the CPO warranty which is now unlimited mileage for up for 5 years (or option to add a 6th).

I'm looking at a few used 16-17 M3's (below 15k miles), some CPO and some used. This will be my daily driver and will probably put 15-20k miles per year. Cost is in the $60-66k range (upper end for CPO). It would be nice peace of mind that I could own an M3 and not have to worry about repairs for 4-5 years depending on which MY I purchase.

ItsGary · 01-13-2018, 02:04 PM

you basically answered the question on whats better in your thread lol

I wonder what the cost of a turbo is if one does fail, I think I remember reading for the E9X 335i it was 6K CAD for one

uniqueMR · 01-13-2018, 02:16 PM

CPO

jpdchicago · 01-13-2018, 03:06 PM

CPO. Too many things can go wrong. All of them very costly.
Always bought extended warranty on all my Ms for that reason. I keep my cars for at least 5 years and up to 10 years for my E46. The extended warranty was well worth it on the E46.

Kxux · 01-13-2018, 03:08 PM

I opted to go with CPO with 4yr/unlimited miles 2016 M3 with few nice upgrades. On low side of your range. Good luck OP picking yours.

SakhirM4 · 01-13-2018, 03:09 PM

CPO IS used

enjoythemusic · 01-14-2018, 08:24 AM

Considering your per year mileage, etc. CPO

josec70 · 01-14-2018, 10:49 AM

CPO or a Third Party extended warranty (after factory warranty expires) are a must in my opinion. I would compare the CPO cost versus 3rd party options.

If you plan to tune the car you may be better w/ 3rd party as BMW NA has become very difficult in this regard while the 3rd party plans tend to be more lenient.

Good Luck.

allinon72 · 01-14-2018, 11:19 AM

CPO Elite

TX PETE · 01-14-2018, 01:25 PM

I went CPO. My buddies that own a shop and work on these cars told me to be sure it is CPO or get an extended warranty. They don't always see them for major repairs, but when they do they are pricey.

P1 · 01-15-2018, 01:05 PM

You have two options. You either buy the car CPO, or you buy it used and purchase a Gold (equivalent to CPO) or Elite extended warranty. Ask your SA what these cost before pulling the trigger.

01-13-2018, 01:57 PM	#1
bai2020 Registered 4 Rep 4 Posts Drives: M3 Join Date: Sep 2017 Location: Houston iTrader: (0)	Value of CPO vs Used? Curious to the members thoughts regarding the value of buying CPO vs. used. The CPO come with the CPO warranty which is now unlimited mileage for up for 5 years (or option to add a 6th). I'm looking at a few used 16-17 M3's (below 15k miles), some CPO and some used. This will be my daily driver and will probably put 15-20k miles per year. Cost is in the $60-66k range (upper end for CPO). It would be nice peace of mind that I could own an M3 and not have to worry about repairs for 4-5 years depending on which MY I purchase.
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01-13-2018, 02:04 PM	#2
ItsGary Colonel 1457 Rep 2,337 Posts Drives: 2009 E90 M3 Join Date: Oct 2017 Location: Vancouver iTrader: (0)	you basically answered the question on whats better in your thread lol I wonder what the cost of a turbo is if one does fail, I think I remember reading for the E9X 335i it was 6K CAD for one __________________ '09 ///M3 Sedan - Jerez Black/Fox Red Ext. '09 335i Coupe - Alpine White/Black - SOLD
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01-13-2018, 02:16 PM	#3
uniqueMR Colonel 1898 Rep 2,927 Posts Drives: ... Join Date: Dec 2017 Location: USA iTrader: (0)	CPO __________________ Currently: '22 Ferrari F8 \| '24 Mercedes G63 \| '24 Porsche GT3RS \| '24 Volkswagen GTI Previous BMWs: 340i, 740i, 745Li, M3, M4 Previous Others: Audi, Ducati, Honda, Infiniti, Land Rover, Mercedes-Benz, MINI, Mitsubishi, Porsche, Toyota, Volkswagen
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01-13-2018, 03:06 PM	#4
jpdchicago Major 1373 Rep 1,404 Posts Drives: M4 CSL, X3MC Join Date: Feb 2016 Location: Chicago area iTrader: (0)	CPO. Too many things can go wrong. All of them very costly. Always bought extended warranty on all my Ms for that reason. I keep my cars for at least 5 years and up to 10 years for my E46. The extended warranty was well worth it on the E46.
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01-13-2018, 03:08 PM	#5
Kxux Enlisted Member 20 Rep 31 Posts Drives: BMW M6 F13 Join Date: Jan 2018 Location: Pennsylvania iTrader: (0)	I opted to go with CPO with 4yr/unlimited miles 2016 M3 with few nice upgrades. On low side of your range. Good luck OP picking yours.
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01-13-2018, 03:09 PM	#6
SakhirM4 Major General 10804 Rep 8,852 Posts Drives: '15 SO M4/'20 Z4 M40i Join Date: Jul 2014 Location: Austin, TX iTrader: (0) Garage List 2020 BMW Z4 M40i [10.00] 2015 BMW M4 [8.76]	CPO IS used __________________ Tejas Chapter, BMW CCA, mem #23915, President 27 years, www.tejaschapter.org
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01-14-2018, 08:24 AM	#7
enjoythemusic Captain 362 Rep 775 Posts Drives: 2014 BMW 435i Dinan Stage 4 Join Date: Feb 2017 Location: Florida iTrader: (0)	Considering your per year mileage, etc. CPO __________________ Enjoy the Drive, Steven 2014 435i M-Opt, M LSD, Dinan CAI/IC/BTurbo/Stage 4, ER TIC/CP, GFB DV+, Fabspeed HJS cat DP & Mich PS4S.
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01-14-2018, 10:49 AM	#8
josec70 Major General 4241 Rep 5,285 Posts Drives: 22' Individual Chalk M5C Join Date: Dec 2015 Location: Miami iTrader: (2)	CPO or a Third Party extended warranty (after factory warranty expires) are a must in my opinion. I would compare the CPO cost versus 3rd party options. If you plan to tune the car you may be better w/ 3rd party as BMW NA has become very difficult in this regard while the 3rd party plans tend to be more lenient. Good Luck. __________________ CURRENT: 22' INDIVIDUAL M5\| CHALK \| TARTUFO \| CCB \| MPE \| H&R \| IND GONE: 19' M5C\| SINGAPORE GREY\| ARAGON\|VELOS VLS-06\|H&R\|iPE\|IND\|XPEL\|CF\|RADENSO GONE: 15' F10 M5\|BSM\|BLACK\|VELOS VSS-S2\|KW\|AKRA\|IND\|CF \|ESCORT 360\|VELOS PIGGY GONE: 13' F10 M5\|SG\|BLACK\|AKRA\|KW\|IND LONG GONE: 09' E60 M5\|02' E39 M5
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01-14-2018, 11:19 AM	#9
allinon72 Brigadier General 5065 Rep 3,859 Posts Drives: 20' M2C, 23' X1 Join Date: May 2017 Location: Indianapolis, IN iTrader: (3)	CPO Elite
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01-14-2018, 01:25 PM	#10
TX PETE Enlisted Member 10 Rep 45 Posts Drives: F80 M3 Join Date: Oct 2017 Location: Texas iTrader: (0)	I went CPO. My buddies that own a shop and work on these cars told me to be sure it is CPO or get an extended warranty. They don't always see them for major repairs, but when they do they are pricey.
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01-15-2018, 01:05 PM	#11
P1 Lieutenant General 11735 Rep 11,191 Posts Drives: 2004 3/4 ton Duramax Join Date: Aug 2007 Location: United States iTrader: (1)	You have two options. You either buy the car CPO, or you buy it used and purchase a Gold (equivalent to CPO) or Elite extended warranty. Ask your SA what these cost before pulling the trigger.
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