M5POST
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Go Back   M5POST - BMW M5 Forum > BIMMERPOST Universal Forums > General BMW News and Cars Discussion

Post Reply
 
Thread Tools Search this Thread
      05-03-2012, 10:40 PM   #1
crashbubba
New Member
 
Drives: 2008 328i Coupe
Join Date: Aug 2011
Location: Northern California

Posts: 18
iTrader: (1)

Extend warranty/maintenance or buy another CPO

Searched for the forums for a while, but couldn't find anyone asking a similar question....looking to see what ya'll thoughts are on this:

My 2008 328i's warranty and maintenance expire this August. I prefer the peace of mind and convenience of having my car covered under the BMW warranty and maintenance program. I'm debating whether it's better to shell out the $4000+ to extend the warranty and maintenance on my current vehicle, or to sell it and get another BMW CPO with warranty/maintenance included. I own my current car with 48k miles and hope to get about $21k if I sell. I'm perfectly happy with my car, and am just wondering if it's workth it to go through the time and energy of finding a good deal on a slightly newer 328i CPO? I'm hoping I could find one for around $26k - $28k. Thanks in advance.
crashbubba is offline  
0
Reply With Quote
      05-04-2012, 08:40 AM   #2
epbrown
Colonel
 
epbrown's Avatar
 
Drives: BMW M Coupe, Porsche Boxster S
Join Date: May 2007
Location: Chicago, IL

Posts: 2,133
iTrader: (0)

Quote:
Originally Posted by crashbubba View Post
S I'm perfectly happy with my car, and am just wondering if it's worth it to go through the time and energy of finding a good deal on a slightly newer 328i CPO? I'm hoping I could find one for around $26k - $28k. Thanks in advance.
It's not worth the time, the energy, or the money. If you've got the money to purchase the extended service and repair warranties or buy another car, you've got the money for potential (but unlikely) repairs and normal maintenance. Let sleeping dogs lie.

Last edited by epbrown; 05-04-2012 at 12:53 PM.
epbrown is offline   United_States
0
Reply With Quote
      05-04-2012, 11:06 AM   #3
Samurai of 2day
Lieutenant
 
Samurai of 2day's Avatar
 
Drives: '13 650xiGC/'12 BMW S1000RR
Join Date: Apr 2011
Location: Everywhere and Nowhere

Posts: 503
iTrader: (0)

Quote:
Originally Posted by crashbubba View Post
Searched for the forums for a while, but couldn't find anyone asking a similar question....looking to see what ya'll thoughts are on this:

My 2008 328i's warranty and maintenance expire this August. I prefer the peace of mind and convenience of having my car covered under the BMW warranty and maintenance program. I'm debating whether it's better to shell out the $4000+ to extend the warranty and maintenance on my current vehicle, or to sell it and get another BMW CPO with warranty/maintenance included. I own my current car with 48k miles and hope to get about $21k if I sell. I'm perfectly happy with my car, and am just wondering if it's workth it to go through the time and energy of finding a good deal on a slightly newer 328i CPO? I'm hoping I could find one for around $26k - $28k. Thanks in advance.

I have been asking myself this question as well for the past month or so. My coverage will expire next year in February, so I too have been thinking if I should use the money I would have to spend to extend the warranty, to just buy a newer car.

I would like for a full face lift to come around (maybe 2015) before I decide to upgrade, but the temptation to just get a newer model instead of extending the warranty is very strong,lol.

Ultimately, the choice is on either one of us, individually. If you want to keep driving your current car, I say extend the coverage because routine maintenance and needed repairs will get expensive for our BMWs.

If you are on the fence about upgrading your car because of technology improvements from year to year, or maybe a more powerful engine, then it might be a good idea to use the $4000 to put towards a down payment for a new toy!

Decisions, decisions.... lol. Good Luck... to both of us, lol
__________________
Too smart for my own good...
Samurai of 2day is offline  
0
Reply With Quote
      05-07-2012, 01:11 AM   #4
jddssc121
Second Lieutenant
 
Drives: vroom
Join Date: Jun 2011
Location: Seattle

Posts: 252
iTrader: (1)

If you like having a car always under maint/warranty why not just lease?
jddssc121 is offline  
0
Reply With Quote
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 08:39 AM.




m5post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST