[Nortorious]

Hi Friends, first time posting and I appreciate the community here.

I am about to buyout my lease and need some advice on navigating the process to get it CPO'd and warrantied. Since I'll own it I want to make sure I don't get stuck with a surprise expensive repair. Continuing the included maintenance would be cool too.

I understand there is a cost to the CPO and then there are a variety of BMW extended warranties I can buy. Can anyone walk me through the best course of action here?

The car is in great shape. I have some scuffs on the wheels from some curbs and will need new tires which I expect to have to address either myself or pay them to do.

The car is a 2018 340i ZHP manual that I love. it's a bit of a unicorn and I can talk all day about the joy that the ZHP package adds. This was the swan song of the manual transmission and the build shows that it's a driver's car. There's not a ton of info out there about it. Photos attached.

Thanks for all advice!
Mike

 

[tukfpe]

For CPO, you will have to turn your car in to a BMW Center for them to inspect and CPO it before they can sell to you at a CPO price, which will be higher than your residual value. My understanding is that you only get 1 additional year of warranty for CPO versus 1-3 yrs options with BMW extended warranty. Check with a few of your local centers the cost of the CPO and shop around for BMW extended warranty, you might be surprised that getting BMW extended warranty is better/more cost effective than CPO.

 

[Nortorious]

For CPO, you will have to turn your car in to a BMW Center for them to inspect and CPO it before they can sell to you at a CPO price, which will be higher than your residual value. My understanding is that you only get 1 additional year of warranty for CPO versus 1-3 yrs options with BMW extended warranty. Check with a few of your local centers the cost of the CPO and shop around for BMW extended warranty, you might be surprised that getting BMW extended warranty is better/more cost effective than CPO.

Thanks! I ended up doing just that. On another forum there was a suggestion to contact Christine at Steve Thomas BMW. Apparently they provide a BMW forum price and it beat the hell out of my local price. I ended up getting 84 months/100k mile platinum BMW extended warranty for $4,350. Even better yet, it's fully transferable so we'll help with resale value. If I end up trading it in I get a prorated refund.

 

[tukfpe]

Thanks! I ended up doing just that. On another forum there was a suggestion to contact Christine at Steve Thomas BMW. Apparently they provide a BMW forum price and it beat the hell out of my local price. I ended up getting 84 months/100k mile platinum BMW extended warranty for $4,350. Even better yet, it's fully transferable so we'll help with resale value. If I end up trading it in I get a prorated refund.

Glad you got a good deal on BMW ESC. I am also looking to get platinum 84 m/75k mile with 0 deductible. I was not aware that ESC is transferable so that is great news.