BMW Certified Pre-Owned (CPO) Program: What You Need to Know
If you’re in the market for a luxury car but don’t want to pay the full price for a brand new vehicle, the BMW Certified Pre-Owned (CPO) program might be worth considering. This program offers a way to purchase a used BMW that has undergone a rigorous inspection process and comes with a warranty for added peace of mind.
While researching the BMW CPO program, be sure to bookmark our BMW page and save these popular articles for more research: BMW Roadside Assistance: Everything You Need to Know, BMW Warranty: What It Covers and How to Make a Claim, Are BMWs Reliable? A Comprehensive Look at Their Track Record, and Do All BMW Require Premium Gas?
To be eligible for the BMW CPO program, a vehicle must have between 300 and 60,000 miles on the odometer and must pass a comprehensive inspection that covers everything from the engine to the exterior paint job. Additionally, the vehicle must have a clean history report and be equipped with genuine BMW parts. Once a vehicle meets these requirements, it is certified and given a warranty that covers certain repairs and maintenance for a set period of time.
Overall, the BMW CPO program provides a way to purchase a high-quality luxury vehicle without breaking the bank. By taking advantage of this program, you can enjoy the performance and style of a BMW while also benefiting from the peace of mind that comes with a warranty and a thorough inspection process.
Understanding the BMW Certified Pre-Owned (CPO) Program
If you’re in the market for a used BMW, you may want to consider the BMW Certified Pre-Owned (CPO) program. This program offers a range of benefits to buyers, including peace of mind and added value. Here’s what you need to know about the BMW CPO program.
What is BMW Certified Pre-Owned (CPO)?
BMW Certified Pre-Owned (CPO) is a program that allows buyers to purchase a used BMW with added benefits. These benefits include a comprehensive inspection, a warranty, and roadside assistance. To be eligible for the program, a BMW must meet certain criteria, including age, mileage, and condition.
Read more: How many miles are too many for a BMW?
What are the Benefits of BMW CPO?
The BMW CPO program offers several benefits to buyers. These benefits include:
- Comprehensive Inspection: Every BMW in the CPO program undergoes a comprehensive inspection to ensure that it meets BMW’s high standards. This inspection covers everything from the engine and transmission to the brakes and suspension.
- Warranty: Every BMW in the CPO program comes with a warranty that covers certain repairs and maintenance for a set period of time. This warranty can offer added peace of mind to buyers.
- Roadside Assistance: BMW CPO buyers also receive roadside assistance for the duration of the warranty. This assistance can help with everything from flat tires to dead batteries.
- Value: Because BMW CPO vehicles are inspected and come with a warranty, they may offer added value compared to other used vehicles.
How Does BMW CPO Compare to Other Used Car Programs?
BMW CPO is not the only used car program available to buyers. However, it does offer certain advantages over other programs.
For example, the BMW CPO program offers a more comprehensive inspection than many other programs. Additionally, the warranty offered through the BMW CPO program may be longer or more comprehensive than warranties offered through other programs.
How Do You Qualify for BMW CPO?
To qualify for the BMW CPO program, a BMW must meet certain criteria. These criteria include:
- Age: The BMW must be no more than five years old.
- Mileage: The BMW must have no more than 60,000 miles on the odometer.
- Condition: The BMW must pass a comprehensive inspection to ensure that it meets BMW’s high standards.
The BMW Certified Pre-Owned (CPO) program may be worth considering if you’re in the market for a used BMW. This program offers a range of benefits to buyers, including a comprehensive inspection, a warranty, and roadside assistance.
Inspection Process of BMW CPO
When you purchase a BMW Certified Pre-Owned (CPO) vehicle, you can be confident that it has undergone a thorough inspection process. A BMW-trained technician performs the 196-point inspection to ensure that the vehicle meets BMW’s high standards of quality and performance.
During the inspection, the technician will thoroughly examine the vehicle’s mechanical, electrical, and safety systems and its exterior and interior condition. The inspection includes a road test to evaluate the vehicle’s handling and performance.
The inspection process covers a wide range of components, including the engine, transmission, suspension, brakes, steering, exhaust system, and electrical system. The technician will also check the vehicle’s body and paint for any signs of damage or wear.
If any issues are found during the inspection, they will be repaired using genuine BMW parts. Once the repairs are complete, the vehicle will be re-inspected to ensure that it meets BMW’s standards for quality and performance.
In addition to the inspection, the BMW CPO program also includes a comprehensive vehicle history report, which provides information about the vehicle’s ownership, maintenance, and repair history. This report is available to you at no extra cost and can help you make an informed decision when purchasing a BMW CPO vehicle.
Overall, the inspection process of BMW CPO is a thorough and rigorous process that ensures that you are getting a high-quality vehicle that a BMW-trained technician has inspected. With the peace of mind that comes with the BMW CPO program, you can confidently enjoy your BMW.
Warranty Coverage of BMW CPO
When you purchase a BMW Certified Pre-Owned (CPO) vehicle, you can enjoy peace of mind knowing that it comes with a comprehensive warranty.
The CPO warranty is designed to provide you with protection against unexpected repairs and expenses that may arise after your purchase.
The BMW CPO warranty is a two-part warranty that provides coverage for up to six years or 100,000 miles, whichever comes first. The first part of the warranty is the remainder of the BMW 4-year/50,000-mile new vehicle warranty.
This means that if your CPO vehicle is still covered under the new vehicle warranty, you will continue to receive that coverage until it expires.
Once the new vehicle warranty has expired, the second part of the CPO warranty kicks in. This one-year, unlimited-mile warranty covers all major components of the vehicle.
This includes the engine, transmission, drivetrain, suspension, steering, and brakes. The warranty also covers electrical components such as the alternator, starter, and power windows.
In addition to the bumper-to-bumper limited warranty, the BMW CPO warranty also includes 24/7 roadside assistance for the duration of the warranty.
This means that if you experience a breakdown or other issue while on the road, you can contact BMW for assistance.
The roadside assistance program includes services such as towing, battery jump-starts, and emergency fuel delivery.
If you would like additional coverage beyond the CPO warranty, BMW also offers extended warranty options.
These extended warranties can provide coverage for up to seven years or 100,000 miles, depending on the plan you choose.
The extended warranty covers many of the same components as the CPO warranty and additional items such as the air conditioning system and audio system.
Overall, the warranty coverage of the BMW CPO program is comprehensive and designed to provide you with peace of mind when purchasing a pre-owned BMW.
With the CPO warranty and extended warranty options, you can enjoy many years of worry-free driving.
Roadside Assistance and Other Benefits
When you purchase a BMW Certified Pre-Owned (CPO) vehicle, you can enjoy peace of mind knowing that you have access to 24-hour roadside assistance for up to six years, regardless of mileage.
This service is available to you at no extra cost and can be accessed by calling the toll-free number provided with your CPO vehicle.
In addition to roadside assistance, BMW CPO program offers other benefits to its customers. For instance, you can enjoy a free loaner car during covered repairs, which can save you time and money.
BMW also provides a CPO Wrap coverage with unlimited mileage, which includes comprehensive coverage of most major components and 100% original BMW replacement parts.
BMW CPO vehicles are repaired by trained BMW technicians at authorized BMW facilities, which ensures that your vehicle is in good hands.
This protection of your vehicle’s performance and resale value is an important consideration when purchasing a used car.
Overall, the BMW CPO program offers many benefits to its customers, including roadside assistance, free loaner cars, and comprehensive coverage.
If you’re in the market for a used car, it’s worth considering a BMW CPO vehicle for the added peace of mind and assurance that comes with the program.
Vehicle History Report Importance
When purchasing a pre-owned BMW, it’s important to know the vehicle’s history to ensure that you are getting a reliable car.
This is where the Vehicle History Report comes into play. A Vehicle History Report provides you with information about the car’s past, including any accidents, repairs, and maintenance records.
One of the best things about the BMW Certified Pre-Owned program is that every CPO vehicle owner gets full access to the CARFAX service report, maintenance history, and reviews of their particular BMW car.
This means that you can be confident that you are getting a high-quality, well-maintained and cared for vehicle.
The Vehicle History Report also includes information about the car’s title, registration, and ownership history.
This information can help you avoid purchasing a car that has been salvaged, stolen, or has a lien on it.
By reviewing the Vehicle History Report, you can ensure that the car you are purchasing has a clean title and is free of any liens or other issues.
The Vehicle History Report is essential to the BMW Certified Pre-Owned program.
By providing you with detailed information about the car’s past, including its maintenance history and any accidents or repairs, you can be confident that you are purchasing a high-quality vehicle that has been well-maintained and cared for.
Transfer and Financing Options
When you purchase a BMW Certified Pre-Owned vehicle, you have the option to transfer the remaining balance of the original 4-year/50,000-mile new vehicle warranty to a new owner, which can add value to your vehicle if you decide to sell it in the future.
This transferable warranty can give potential buyers peace of mind knowing that they are purchasing a vehicle with a comprehensive warranty that has been inspected and certified by BMW.
In addition to transferable warranties, BMW also offers factory-sponsored financing options for Certified Pre-Owned vehicles.
These financing options can help make your purchase more affordable and convenient by providing competitive interest rates and flexible payment plans.
BMW Certified Special Offers include $1000 credit on Model Years 2018 – 2021 BMW Certified 5 Series and BMW Certified 5 Series PHEV Models, 4.49% APR up to 36 months on all 2018 – 2021 BMW Certified Models, and no payments for 3 months.
If you are interested in financing your Certified Pre-Owned BMW, you can use BMW’s Car Payment Estimator to get an idea of your monthly payments.
At the end of your lease, you can turn in your BMW and lease a new or Certified Pre-Owned BMW, re-lease or refinance your current BMW for another term, buy your BMW at the price set forth upfront in your lease agreement, or turn in your BMW and walk away.
Overall, BMW’s Certified Pre-Owned program offers a range of transfer and financing options that can make purchasing a pre-owned BMW more convenient and affordable.
With transferable warranties and factory-sponsored financing, you can have peace of mind knowing that you are purchasing a high-quality vehicle that has been inspected and certified by BMW.
Comparison with Other Luxury Brands
When it comes to certified pre-owned programs, BMW’s CPO program stacks up well against other luxury car brands such as Mercedes and Audi. Here are some key points to consider:
- Warranty coverage: BMW’s CPO program offers a 5-year warranty, which is below average for a luxury car. However, this is still a decent length of coverage and is comparable to what Mercedes and Audi offer.
- Deductibles: BMW charges a deductible for repairs under warranty, which is a downside compared to Mercedes and Audi. However, this deductible is still relatively low and won’t break the bank.
- Inspection process: BMW’s CPO program requires a rigorous inspection process to ensure that all vehicles meet their standards. This is comparable to what Mercedes and Audi offer, so you can be confident that you’re getting a quality vehicle.
- Additional perks: BMW’s CPO program offers a range of additional perks, such as roadside assistance and a loaner car program. These are comparable to what Mercedes and Audi offer, so you can expect a similar level of service.
While BMW’s CPO program may not offer the longest warranty coverage or the most comprehensive perks, it still stacks up well against other luxury car brands.
If you’re in the market for a certified pre-owned BMW, you can be confident that you’re getting a quality vehicle that has been thoroughly inspected and comes with a solid warranty.
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The Value of a Certified Pre-Owned BMW
If you’re in the market for a BMW, but don’t want to pay the high price tag for a new one, a certified pre-owned (CPO) BMW might be the perfect option for you.
A CPO BMW is a pre-owned vehicle that has been inspected and certified by BMW to meet their high standards. This means that you can get a used car that feels new, without paying the expensive new car price.
One of the most significant benefits of a CPO BMW is that it comes with a warranty. BMW’s CPO program offers comprehensive coverage for one year with unlimited miles after the expiration of the 4 year / 50,000 mile BMW New Vehicle / SAV Limited Warranty.
This warranty provides peace of mind knowing that if something goes wrong with your vehicle, you won’t be stuck with a hefty repair bill.
Another benefit of buying a CPO BMW is that it has been thoroughly inspected. BMW’s CPO program requires that their certified pre-owned vehicles pass a rigorous inspection process. This means that you can be confident that your vehicle has been thoroughly checked and is in excellent condition.
Buying a CPO BMW can also be a more cost-effective option than buying a new one. While CPO BMWs are more expensive than regular used cars, they are typically less expensive than new ones. This means that you can get a high-quality vehicle at a more affordable price.
Overall, if you’re in the market for a BMW, a certified pre-owned vehicle is an excellent option to consider. It provides the peace of mind of a warranty, the confidence of a thorough inspection, and the affordability of a used car.
We recommend looking into BMW’s CPO program to see if it’s the right fit for you.
Engine Drive Belts and Other Specifics
Regarding engine drive belts, the BMW Certified Pre-Owned (CPO) program covers defects in materials and workmanship.
However, normal wear and tear is not covered. It is important to note that engine drive belts are not the only item covered under the BMW CPO program.
One of the benefits of the BMW CPO program is that there is no mileage cap on the coverage. This means that regardless of how many miles you put on your CPO BMW, you can have peace of mind knowing that you are covered.
Additionally, the program does not have a deductible, so you won’t have to worry about any out-of-pocket expenses if you need to make a claim.
It’s important to understand that the BMW CPO program is not a maintenance program. While it does provide coverage for certain items, routine maintenance is still your responsibility as the owner. This includes items such as oil changes, brake pads, and tires.
Overall, the BMW CPO program provides comprehensive coverage for your pre-owned BMW.
You can feel confident in your purchase with coverage for engine drive belts and other important components and no mileage cap and no deductible.
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Frequently Asked Questions
What is the length of the BMW CPO warranty?
Every BMW Certified Pre-Owned vehicle comes with a two-part warranty. First, you get the remainder of the BMW 4-year/50,000-mile new vehicle warranty. When that portion expires, either by time or miles, a BMW CPO Limited Warranty of 2 additional years with unlimited miles is added. This warranty covers the engine, transmission, drivetrain, and other major components.
Does BMW CPO program come with warranty?
Yes, BMW Certified Pre-Owned program comes with a warranty. In addition to the remainder of the BMW 4-year/50,000-mile new vehicle warranty, BMW CPO vehicles come with a 2-year/unlimited-mileage warranty.
How does BMW Certified Pre-Owned financing work?
BMW Certified Pre-Owned financing works in the same way as new BMW financing. You can finance a BMW CPO vehicle through BMW Financial Services. The financing terms and rates are competitive and can be tailored to your budget.
What are the financing rates for BMW Certified Pre-Owned vehicles?
The financing rates for BMW Certified Pre-Owned vehicles depend on your credit score, the term of the loan, and the vehicle you’re purchasing. BMW Financial Services offers competitive rates and flexible financing options to help you get behind the wheel of a BMW CPO vehicle.
What is the difference between a new BMW warranty and a CPO warranty?
The main difference between a new BMW warranty and a CPO warranty is that a new BMW warranty covers the entire vehicle for 4 years/50,000 miles, while a CPO warranty covers only specific components of the vehicle for 2 years/unlimited miles. However, a CPO vehicle has undergone a rigorous inspection and reconditioning process, making it a reliable option.
Is BMW’s CPO program considered to be good?
Yes, BMW’s CPO program is considered to be one of the best in the industry. BMW CPO vehicles undergo a rigorous inspection and reconditioning process, making them reliable and high-quality vehicles. Additionally, the CPO program includes a comprehensive warranty and competitive financing rates, making it a great option for those looking for a more affordable luxury vehicle.