Wifey is getting ready to buy her first BMW, 2022 540i XDrive CPO w/19k on it. It's always been her dream car to own... I have previously steered her away due to the nightmare stories I've heard about repair costs. We shopped a newer CPO low mileage vehicle to try and avoid the whole extra warranty horseshit.
Here comes the finance guy....
She's pondering the idea of extending the warranty from the dealer 84 months/100k for $4900. They would discount it to $3800 if she bundled it with Ultimate care 5yrs/75k $3800. No discount offered on this one. $7600 Total.
Told us brakes, rotors, wiper blades, spark plugs were covered as well?
Personally, it bugs me that it runs concurrent with the existing CPO warranty.
I did some reading on the ultimate care. It sounds like you're prepaying for repairs in advance?
Also, this needed to be bought at time of purchase? From my digging it appears it can be added before the factory warranty ends.
How well is the car covered with the CPO warranty?
I've dug through some forums and it looks like these coverages can be shopped to other dealers for better pricing?
She drives about 18k a year and will burn through the CPO warranty in less than three years.
How reliable are these cars and is the extra warranty a must have? Considering the rinse and repeat possibility dump it once the CPO warranty is exhausted.
Thanks for any feedback.
Here comes the finance guy....
She's pondering the idea of extending the warranty from the dealer 84 months/100k for $4900. They would discount it to $3800 if she bundled it with Ultimate care 5yrs/75k $3800. No discount offered on this one. $7600 Total.
Told us brakes, rotors, wiper blades, spark plugs were covered as well?
Personally, it bugs me that it runs concurrent with the existing CPO warranty.
I did some reading on the ultimate care. It sounds like you're prepaying for repairs in advance?
Also, this needed to be bought at time of purchase? From my digging it appears it can be added before the factory warranty ends.
How well is the car covered with the CPO warranty?
I've dug through some forums and it looks like these coverages can be shopped to other dealers for better pricing?
She drives about 18k a year and will burn through the CPO warranty in less than three years.
How reliable are these cars and is the extra warranty a must have? Considering the rinse and repeat possibility dump it once the CPO warranty is exhausted.
Thanks for any feedback.