01-30-2020, 06:16 PM | #1 |
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question about CPO
There are several M5's listed in Socal and Norcal. Some are offered by BMW dealers and are CPO'd. They are higher in price (logically).
How much more should a CPO'd car be? $3000 more than a non-CPO'd car? 4000? Trying to get an apple-apple comparison. also, if need specifics, I can copy-paste links to dealership but no other thread have links so I am not sure if this was a no-no. Thanks in advance. |
02-02-2020, 11:44 AM | #2 |
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Think about this - what's the cost of an aftermarket warranty? Typically 3-5k (maybe more) depending on the type. I'd say $3k plus is my expectation for CPO car.
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02-04-2020, 08:17 AM | #4 |
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When you are comparing CPO vs. non-CPO it is critical to take into note the in-service of the car as well. E.g. a 2014 CPO'd car with an in-service date of Nov 2013 will give you only 6 more months over a non-CPO 2014 with a in-service date of May 2014.
Also, you may be aware but only BMW dealerships can CPO a car and many dealerships have (in the recent past) shy'd away from CPO'ing 'M' cars due to the high cost. They end up passing the $$ to the next buyer. If I was you, I will look at: 1. Does the car have all the options I need (not want)? 2. Does the car have the service records, if sold as non-CPO? 3. Does the dealer offer any specific warranty (albeit for few more months from a third-party) to give you the peace of mind once you drive it off the lot and get to know the car? GL!
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