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7 Series - F01 / F02 (2009 - current)
The new re-designed 7 series F01 / F02 leads off the BMW Fxx chassis code!

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  #1  
Old 12-03-2014, 05:16 PM
truble930 truble930 is offline
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Higher mile 750

Hello, my first post here and I'm looking at a 2010 750il X CPO with 65K miles. I'm coming from a E60 M5 and need a larger sedan for the family. Car is loaded including M pkg except for comfort access. Price is firm at $35K and CPO good until 11/15. All records, very clean and gets very high praise from the sellers service manager. Any issue with a higher mile 750? I will be covered for a year but after that will basically have a out of warranty car with nearly 80K miles. Is this too high a premium to pay for a CPO that will cover me for a year but then most likely the price will drop like a rock. I can get an extended warranty for $4700 which is another option. Anyways looking for opinions. Thanks in advance.
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  #2  
Old 12-03-2014, 05:48 PM
Leftlane11 Leftlane11 is online now
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Never, ever, ever, under any circumstances, ever own this car out of warranty. Pay for the extended coverage now or regret it later. CPO for less than a year isn't enough, I promise.
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  #3  
Old 12-03-2014, 06:44 PM
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Ram750 Ram750 is offline
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Too high mileage for me. I'd look for a lower mileage car with at least 2 years warranty with the option of buying additional warranty if you decide to keep it longer. You will most likely need to increase your budget if you chose my suggestion.
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Old 12-03-2014, 07:02 PM
luigi524td luigi524td is offline
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I agree with the posters who recommend a post-warranty warranty; The recent 7's have not enjoyed great reliability. Search for info about the better private label brands or price shop BMW's plans though they will certainly be more expensive.

PS - I thought CA was standard on the 750iL X ... even way back then ??
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Last edited by luigi524td; 12-03-2014 at 07:06 PM.
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  #5  
Old 12-03-2014, 07:54 PM
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if you going to spend another 4700 for extended warranty look for a 2011-2012 and spend a bit more , find a car with lower miles CPO'ed and get CPO wrap. I bought my 12 with 30miles on it and got CPO wrapped untill 2017 or 100k miles.
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  #6  
Old 12-03-2014, 08:16 PM
MoneyJ MoneyJ is offline
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What Din said. The 4700 on top of the purchase price gets you into a newer car with fewer miles.
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Old 12-03-2014, 09:30 PM
king0fspades king0fspades is offline
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Quote:
Originally Posted by Din View Post
if you going to spend another 4700 for extended warranty look for a 2011-2012 and spend a bit more , find a car with lower miles CPO'ed and get CPO wrap. I bought my 12 with 30miles on it and got CPO wrapped untill 2017 or 100k miles.
What is a CPO wrap?
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  #8  
Old 12-04-2014, 01:06 AM
J750 J750 is offline
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Quote:
Originally Posted by truble930 View Post
Hello, my first post here and I'm looking at a 2010 750il X CPO with 65K miles. I'm coming from a E60 M5 and need a larger sedan for the family. Car is loaded including M pkg except for comfort access. Price is firm at $35K and CPO good until 11/15. All records, very clean and gets very high praise from the sellers service manager. Any issue with a higher mile 750? I will be covered for a year but after that will basically have a out of warranty car with nearly 80K miles. Is this too high a premium to pay for a CPO that will cover me for a year but then most likely the price will drop like a rock. I can get an extended warranty for $4700 which is another option. Anyways looking for opinions. Thanks in advance.
Do you really think a service manager of a dealership is going to talk bad about a car they're trying to sell?

You're going to be in $40 deep after it's all said and done for a high mileage 7-series. Doesn't make sense to me at all.

My advice would be to look for a 2011-2012 CPO'd 7.
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  #9  
Old 12-04-2014, 05:02 AM
knipper knipper is offline
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IMO you are about $10K shy of the 'sweet spot' of used 7 ownership. These cars all drop by half price at 3 years or so. Now that 2015s are out, the 2012s are in the $45K range.

If you were seriously considering $35K plus another $5K for warranty, I would agree with the others here. See if you can stretch another $5K somehow and get a 2012 with +/- 35K miles which will have a year of standard warranty left and a total of 3 years including the CPO.
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  #10  
Old 12-04-2014, 09:10 AM
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Originally Posted by king0fspades View Post
What is a CPO wrap?
To my understanding. A regular CPO vehicle only certain things are covered onced the factory warranty runs out. I guess depending on the dealership you take to to get your car fixed if you needed something. With the CPO wrap it would cover everything like the factory warranty. This is what the finance manager told me, he could've been pulling my leg but for an additional 1400$ i decided to add it just in case. Peace of mind fill 100k miles and till 2017.
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  #11  
Old 12-04-2014, 11:32 AM
truble930 truble930 is offline
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Quote:
Originally Posted by J750 View Post
Do you really think a service manager of a dealership is going to talk bad about a car they're trying to sell?

You're going to be in $40 deep after it's all said and done for a high mileage 7-series. Doesn't make sense to me at all.

My advice would be to look for a 2011-2012 CPO'd 7.
Private party sale not at a dealer so not sure the service manager has any incentive to talk up a car in poor condition.
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  #12  
Old 12-04-2014, 11:37 AM
truble930 truble930 is offline
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Thanks for all the comments and opinions. Lots of great info here!

I decided to pass. I did forget to mention it has Dinan stage 3 software for around 500hp. Still too many miles for me lots of 750's around will wait for the right one. Plus it's black on black and I always regret buying black cars. More difficult to find a private party sale and in AZ you do not pay sales tax on private party sale. Prefer to not have x drive either. Do not need or really want AWD.
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  #13  
Old 12-04-2014, 11:38 AM
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Popoemt Popoemt is offline
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Quote:
Originally Posted by truble930 View Post
Thanks for all the comments and opinions. Lots of great info here!

I decided to pass. I did forget to mention it has Dinan stage 3 software for around 500hp. Still too many miles for me lots of 750's around will wait for the right one. Plus it's black on black and I always regret buying black cars. More difficult to find a private party sale and in AZ you do not pay sales tax on private party sale. Prefer to not have x drive either. Do not need or really want AWD.
DINAN? Search this forum for the DINAN thread, you'll find you will be glad you passed...

Ehhh, here it is:

http://www.bimmerfest.com/forums/sho...ighlight=dinan
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  #14  
Old 12-04-2014, 07:08 PM
austinl austinl is offline
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My advice would be to get a car with as little mileage as possible, with as much warranty as possible, and to plan on purchasing the max extended warranty.
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  #15  
Old 12-04-2014, 08:51 PM
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CABimmerNation CABimmerNation is online now
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I'll sell you mine. Dinan rocks, btw. Don't listen to Popo, he's old and doesn't like cars that go zoom zoom. Mine is a 2010 with 26k miles. It's the "right" color also.
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Old 12-04-2014, 09:04 PM
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Popoemt Popoemt is offline
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I'll sell you mine. Dinan rocks, btw. Don't listen to Popo, he's old and doesn't like cars that go zoom zoom. Mine is a 2010 with 26k miles. It's the "right" color also.
I bet you listen to that dang rap music sonny....
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Old 12-04-2014, 09:19 PM
king0fspades king0fspades is offline
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Quote:
Originally Posted by Din View Post
To my understanding. A regular CPO vehicle only certain things are covered onced the factory warranty runs out. I guess depending on the dealership you take to to get your car fixed if you needed something. With the CPO wrap it would cover everything like the factory warranty. This is what the finance manager told me, he could've been pulling my leg but for an additional 1400$ i decided to add it just in case. Peace of mind fill 100k miles and till 2017.
Ok thanks. CPO covers a lot of things. Maintenance items like control arm bushings etc are not, I thinks door handles are not. Cameras are not. Nav is debatable. Battery definitely not.

Does your CPO wrap cover those?
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