Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > The Best of Bimmerfest! > Ask-A-Dealer

Ask-A-Dealer
Talk to our team of BMW Client Advisors. Get all of your buying/financing/leasing questions answered here!

Reply
 
Thread Tools Display Modes
  #1  
Old 06-20-2005, 04:03 PM
davidepstein davidepstein is offline
2002 330i Sapphire Black
Location: San Francisco
 
Join Date: Jun 2005
Posts: 3
Send a message via Yahoo to davidepstein
Mein Auto: 330i
My lease is ending and I want to buy my 2002 330i

The Dealer is trying to tell me that I have to pay 1000 to certify it and then another 1500 for the warranty to 100k. When I leased it they told me that it would cost me 1000 to certify it the end of the lease, if I wanted to by the car and that the 1000 would get me the 100k warranty. Am I being jerked around by the Lease return specialist that needs to make some money on this deal? Or was I just misinformed when I signed the contract

Last edited by davidepstein; 06-20-2005 at 06:29 PM. Reason: bad typing
Reply With Quote
Ads by Google
  #2  
Old 06-20-2005, 06:42 PM
The Other Tom The Other Tom is offline
Officially Welcomed to the 'Fest
Location: South Carolina
 
Join Date: Sep 2002
Posts: 1,889
Mein Auto: 2008 335i
Quote:
Originally Posted by davidepstein
The Dealer is trying to tell me that I have to pay 1000 to certify it and then another 1500 for the warranty to 100k. When I leased it they told me that it would cost me 1000 to certify it the end of the lease, if I wanted to by the car and that the 1000 would get me the 100k warranty. Am I being jerked around by the Lease return specialist that needs to make some money on this deal? Or was I just misinformed when I signed the contract
I don't know if you (and me) are being jerked around or not, but those are the same numbers my dealer quoted me a few years ago. The $1000 is the shop bill to get the car "up to snuff" for CPO, and the $1500 is the price of the CPO warranty.
__________________
2008 335i
2001 325i retired
2000 M Roadster Imola Red retired
1998 Z3 2.8L retired
Reply With Quote
  #3  
Old 06-20-2005, 06:57 PM
davidepstein davidepstein is offline
2002 330i Sapphire Black
Location: San Francisco
 
Join Date: Jun 2005
Posts: 3
Send a message via Yahoo to davidepstein
Mein Auto: 330i
Well at least I am not the only one

If that is what it is then so be it.

Last edited by davidepstein; 06-20-2005 at 06:59 PM. Reason: bad typing
Reply With Quote
  #4  
Old 06-20-2005, 09:52 PM
apar330i's Avatar
apar330i apar330i is offline
Oh yeah, she's my baby...
Location: Phoenix, AZ
 
Join Date: Aug 2002
Posts: 6,632
Mein Auto: '04 330i
It might be worth your while to take it. I purchased mine after the lease was up and didn't get it CPO'd or the extended warrantee. I spent close to $6K in repair costs after the original warrantee expired.
__________________


"Life is all about ass ... either you are covering it, kicking it, kissing it, sitting on it or trying to get it."
Reply With Quote
  #5  
Old 06-21-2005, 06:34 AM
kyfdx's Avatar
kyfdx kyfdx is offline
Who, me?
Location: Kentucky
 
Join Date: Aug 2003
Posts: 2,391
Mein Auto: 2006 330Ci ZHP
Quote:
Originally Posted by davidepstein
If that is what it is then so be it.
Check with another dealer... If the MMR price is less than your buyout, perhaps they will take the car in on lease, certify it, and resell it to you for less than the residual + $2500...

You just have to find someone to work with you... Try sending a PM or calling one of our illustrious sponsors...

regards,
kyfdx
Reply With Quote
  #6  
Old 07-06-2005, 10:29 PM
JSpira's Avatar
JSpira JSpira is offline
Freude am Fahren
Location: New York, München, Wien
 
Join Date: Oct 2002
Posts: 19,487
Mein Auto: Fünfer und Dreier
Quote:
Originally Posted by davidepstein
The Dealer is trying to tell me that I have to pay 1000 to certify it and then another 1500 for the warranty to 100k. When I leased it they told me that it would cost me 1000 to certify it the end of the lease, if I wanted to by the car and that the 1000 would get me the 100k warranty. Am I being jerked around by the Lease return specialist that needs to make some money on this deal? Or was I just misinformed when I signed the contract
Since you can buy the car at lease end and also buy the BMW extended warranty (same as CPO), there is no NEED to certify presuming you qualify for extending the warranty (this simply means you are in warranty).
__________________
Freude am Fahren.
-Jonathan





F10 2014 535d M Sport Mondstein Metallic
F10 2012 ActiveHybrid 5 Azuritschwarz Metallic
MB 2011 E350 BlueTec
E70 2011 X5 xDrive35d*
E90 2010 335d*
E60 2008 550i*

E90 2006 330xi*
E90 2006 325i
E90 2006 330xi*
E39 2003 530i*
E46 2000 328Ci*
E36 1996 328iS*
E36 1992 325i*
E30 1991 318is*
E21 1982 320iS*
E21 1979 320 (6-Zyl)*
*retired
Reply With Quote
  #7  
Old 07-06-2005, 10:42 PM
Forsanet Forsanet is offline
Registered User
Location: USA
 
Join Date: Jun 2005
Posts: 12
Mein Auto: 330i
Quote:
Originally Posted by davidepstein
The Dealer is trying to tell me that I have to pay 1000 to certify it and then another 1500 for the warranty to 100k. When I leased it they told me that it would cost me 1000 to certify it the end of the lease, if I wanted to by the car and that the 1000 would get me the 100k warranty. Am I being jerked around by the Lease return specialist that needs to make some money on this deal? Or was I just misinformed when I signed the contract
If you buy the car, you don't have to certify jack. I am also under a lease and I don't understand this to be the case. Sounds like your dealer doesn't want to be out of their CPO fee that they would have gotten had you returned your car and they resold it on their CPO lot. Read the fine print of the contract. Of course, I could always be wrong, but I am calling BS on that CPO fee right now.
Reply With Quote
  #8  
Old 07-06-2005, 11:25 PM
JSpira's Avatar
JSpira JSpira is offline
Freude am Fahren
Location: New York, München, Wien
 
Join Date: Oct 2002
Posts: 19,487
Mein Auto: Fünfer und Dreier
Quote:
Originally Posted by Forsanet
If you buy the car, you don't have to certify jack. I am also under a lease and I don't understand this to be the case. Sounds like your dealer doesn't want to be out of their CPO fee that they would have gotten had you returned your car and they resold it on their CPO lot. Read the fine print of the contract. Of course, I could always be wrong, but I am calling BS on that CPO fee right now.
Almost what I said

He wants a CPO like warranty. He can just buy the BMW extn'd warranty as long as he's under warranty now.
__________________
Freude am Fahren.
-Jonathan





F10 2014 535d M Sport Mondstein Metallic
F10 2012 ActiveHybrid 5 Azuritschwarz Metallic
MB 2011 E350 BlueTec
E70 2011 X5 xDrive35d*
E90 2010 335d*
E60 2008 550i*

E90 2006 330xi*
E90 2006 325i
E90 2006 330xi*
E39 2003 530i*
E46 2000 328Ci*
E36 1996 328iS*
E36 1992 325i*
E30 1991 318is*
E21 1982 320iS*
E21 1979 320 (6-Zyl)*
*retired
Reply With Quote
  #9  
Old 07-07-2005, 11:34 AM
davidepstein davidepstein is offline
2002 330i Sapphire Black
Location: San Francisco
 
Join Date: Jun 2005
Posts: 3
Send a message via Yahoo to davidepstein
Mein Auto: 330i
i found a dealer that is willing to screw me less

Thanks for the feedback. BMW of San Francisco is currently certifying the car and will looks like they will charge me just 1700 to put it in to shape and CPO it. A little side note. They tell me if I do not Finance it at 3.9 there current CPO rate that I will have to pay the 350 Acuisition fee. But I called BMWFS and if I Fax the bill of Sale they will waive that as well even if I pay cash.
Reply With Quote
  #10  
Old 07-07-2005, 01:45 PM
deburn deburn is offline
Deburn
Location: Boston
 
Join Date: Jun 2005
Posts: 93
Mein Auto: 325xi
I feel like this is a really dumb question: where are our illustrious sponsors? Is it just the one location in the upper right hand corner? Thanks,

Quote:
Originally Posted by kyfdx
Check with another dealer... If the MMR price is less than your buyout, perhaps they will take the car in on lease, certify it, and resell it to you for less than the residual + $2500...

You just have to find someone to work with you... Try sending a PM or calling one of our illustrious sponsors...

regards,
kyfdx
__________________
Lease Transfer - 2006 325 MT Electric Red
Reply With Quote
  #11  
Old 07-07-2005, 07:19 PM
drallafi drallafi is offline
Officially Welcomed to the 'Fest
Location: Pharcyde, AZ
 
Join Date: Nov 2004
Posts: 593
Mein Auto: 2011 335i
Quote:
Originally Posted by Jspira
Almost what I said

He wants a CPO like warranty. He can just buy the BMW extn'd warranty as long as he's under warranty now.

So what's the difference between a CPO warranty and the BMW extended one?
Reply With Quote
  #12  
Old 07-07-2005, 07:24 PM
JSpira's Avatar
JSpira JSpira is offline
Freude am Fahren
Location: New York, München, Wien
 
Join Date: Oct 2002
Posts: 19,487
Mein Auto: Fünfer und Dreier
Quote:
Originally Posted by drallafi
So what's the difference between a CPO warranty and the BMW extended one?
For the owner, no difference. Any owner can purchase the BMW warranty. CPO is for when you don't already own the car. If you have the car, and it's under warranty, there is nothing that needs to be done to "certify" it.

One small item: naturally, if you buy the BMW warranty, and your tires are in need of repair, you're on your own.
__________________
Freude am Fahren.
-Jonathan





F10 2014 535d M Sport Mondstein Metallic
F10 2012 ActiveHybrid 5 Azuritschwarz Metallic
MB 2011 E350 BlueTec
E70 2011 X5 xDrive35d*
E90 2010 335d*
E60 2008 550i*

E90 2006 330xi*
E90 2006 325i
E90 2006 330xi*
E39 2003 530i*
E46 2000 328Ci*
E36 1996 328iS*
E36 1992 325i*
E30 1991 318is*
E21 1982 320iS*
E21 1979 320 (6-Zyl)*
*retired
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > The Best of Bimmerfest! > Ask-A-Dealer
Today's Posts Search
Thread Tools
Display Modes

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 On



Forum Jump


All times are GMT -7. The time now is 02:32 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms