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Difference between CPO and extended warranty
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09-26-2011, 02:05 PM | #1 |
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Difference between CPO and extended warranty
I see a lot of posts/threads about 3-series warranty questions that have a lot of varying information in them, so I thought I'd post this to help clear up confusion and help others get the info they need.
To start, this thread references 2 different things. The first is CPO (Certified Pre-Owned) and BMW's extended warranty (BMW Extended Vehicle Protection Plan). Below are the key differences. CPO: The CPO is something an authorized BMW dealership can do to extend the factory warranty of a pre-owned BMW they wish to sell. The factory warranty lasts 4 years / 50,000 miles. The CPO adds 2 years and 50,000 miles to this, which means the factory warranty will go to 6 years / 100,000 miles total. There is a $50 per service visit charge for covered CPO warranty items. The CPO can only be done by the dealership to a pre-owned car they are selling. The CPO warranty is similar to the "gold" extended warranty. See link for more info: http://www.bmwusa.com/Standard/Conte...Warranty2.aspx -You CANNOT take a car you already own into a dealership and have it be "CPO'd". If you want a CPO warranty, the dealership has to do it before you actually purchase the used vehicle. Extended Warranty: The BMW extended warranty is a service contract (just like all other purchased extended warranties). This is something you can purchase for your vehicle at the time you buy it, or even after you own it, up to a certain time period and/or mileage. There is a $50 deductible for each service visit. The extended warranty I refer to here is actually called the BMW Extended Vehicle Protection Plan. It does not cover the same things as the factory warranty. Read more about the plan here: http://www.bmwusa.com/Standard/Conte...rotection.aspx Hope this helps! Last edited by Bmwguy11; 09-27-2011 at 08:20 AM.. |
09-26-2011, 02:11 PM | #2 |
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Yep I edited it to clarify, and included a link showing what is not covered. For visibility, this is what the CPO warranty does NOT cover:
What is not covered: Upkeep Items Maintenance; engine, transmission and body adjustments; wheel alignment, balancing or rotation; wiper blade inserts; engine drive belts; spark plugs; filters; fuses; all batteries; all hoses and clamps (except air conditioning and power steering); oils, lubricants, fluids, refrigerants and coolants (except as required in the course of a covered repair); brake pads and rotors; brake shoes and drums; manual transmission clutch assemblies; suspension dampers (shock absorbers/strut elements); exhaust systems; tires. Wear and use All wear-and-use items as defined in ''The Certified Pre-Owned BMW Vehicle Program Consumer Information Statement'' for Certified Pre-Owned BMWs (including all suspension parts and components). Body and interior Paint; glass; headlights; bulbs (except instrumentation); mirrors; lenses; body and chassis; body seals and gaskets; interior and exterior trim, moldings and fasteners; upholstery, headliner, carpeting, floor and trunk mats; convertible top (all components except electronics); air or water leaks; wind or body noises; wheels; damage due to rust, corrosion or contamination except as covered by the BMW New Vehicle Rust and Corrosion Perforation Warranty. Accessories Radio/CD (or cassette) player, telephone, navigation system, CD changer, DVD player or any components of those systems, plus non-original equipment parts, components or accessories. |
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09-26-2011, 02:12 PM | #3 |
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The extended warranty has a $50 deductible per visit? Nowhere in the brochure does it make mention of a $50 deductible.
EDIT: Nevermind, I was reading the really small fine print. It's in regular font size. :P |
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09-26-2011, 02:13 PM | #4 | |
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09-26-2011, 02:20 PM | #6 |
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09-26-2011, 02:28 PM | #7 |
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Perhaps the OP should have linked to this page too.
http://www.bmwusa.com/Standard/Conte...nty/Terms.aspx CPO is nothing more than an alleged certification program coupled with an extended warranty provided by BMW. Just like with the extended warranty, there are lots of exclusions and costs. The OP failed with his post. |
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09-26-2011, 02:38 PM | #8 | |
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I have added the part about the $50 charge for CPO warranty work. Other than that omission, everything else I said was correct. So, it would be better to contribute, rather than troll. Last edited by Bmwguy11; 09-26-2011 at 02:47 PM.. |
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09-26-2011, 02:57 PM | #9 | |
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Contributions aren't contributions unless they are correct. |
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09-26-2011, 03:02 PM | #10 | |
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As for the $50 fee being waived, we aren't talking about your fidelity warranty. We are talking about the specific "BMW Extended Vehicle Protection Plan". Last edited by Bmwguy11; 09-26-2011 at 03:11 PM.. |
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09-26-2011, 03:28 PM | #12 |
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09-26-2011, 03:30 PM | #13 | |
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A warranty is not "covered" by the MM act. I think everyone here appreciates fairly new members trying to contribute, but spouting incorrect and misleading information does not help your credibility. There are very few differences between the CPO warranty and the BMW extended warranty. Both have exclusions and both charge fees. There are two major differences. The CPO warranty is applied to a car by the dealer (generally on trade-in by the first owner) following an inspection. The car must meet time in service and miles in service requirements. A BMW extended warranty can be purchased up to warranty end without an inspection. The CPO warranty stays with the car if it is sold. The BMW extended warranty can either be transferred to the new owner for a fairly small fee or the selling owner can get a pro-rated refund. The MM act does not apply to warranties. You do not understand the MM act. Both have a fee per service visit. For all practical purposes, it is immaterial to a owner if the car is certified or merely covered by an extended warranty. If something covered breaks, they take it to the dealer, pay the $50 and get it fixed. Both warranties are recorded in the BMW computer (as is my "fidelity" warramty) The resale value of a CPO car may be slightly higher as there is a perception (like you have) that the CPO warranty is "better." |
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09-26-2011, 04:04 PM | #14 | |||||||
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"covered" or "protected by" might be a better term. The magnuson-moss warranty act is the federal statute that governs manufacturer warranties on consumer products. Vehicles are included in this. So, I'm not sure what you're trying to say.
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As I have shown, I am completely open and willing to what others have to say, and do not mind admitting fault, as well as adjusting my original information post to reflect new/different information. You on the other hand feel it necessary to simply insult me while you spout internet memes long past their prime ("fail"). Quote:
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Title 16 - Commercial Practices, Chapter I - Federal Trade Commission, Subchapter G - Rules, Regulations, Statements and Interpretations under the Magnuson-Moss Warranty Act, Part 700 - Interpretations under the Magnuson-Moss Warranty Act. Contained within these rules and regulations is Section 700.10, which states: No warrantor may condition the continued validity of a warranty on the use of only authorized repair service and/or authorized replacement parts for non-warranty service and maintenance. For example, provisions such as, "This warranty is void if service is performed by anyone other than an authorized 'ABC' dealer and all replacement parts must be genuine 'ABC' parts," and the like, are prohibited where the service or parts are not covered by the warranty. These provisions violate the Act in two ways. First, they violate the section 102(c) ban against tying arrangements. Second, such provisions are deceptive under section 110 of the Act, because a warrantor cannot, as a matter of law, avoid liability under a written warranty where a defect is unrelated to the use by a consumer of "unauthorized" articles or service. This does not preclude a warrantor from expressly excluding liability for defects or damage caused by such "unauthorized" articles or service; nor does it preclude the warrantor from denying liability where the warrantor can demonstrate that the defect or damage was so caused. So, please do explain to everyone here how the magnuson-moss warranty act does not apply to warranties... Quote:
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09-26-2011, 05:23 PM | #16 |
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09-26-2011, 05:38 PM | #17 |
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09-26-2011, 07:56 PM | #18 |
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BMWGuy11 or anyone, I understand that CPO would need to pass some stringent test to get the CPO mark, but how come the dealership wouldn't just CPO all their pre-owned BMW vehicles to make it more appealing? Would potential cost of needed to bring it up to CPO standard such as tires or brakes/rotors be one of those issues?
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09-26-2011, 08:14 PM | #19 | |
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09-26-2011, 08:18 PM | #20 |
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Ehm......
The Orginal BMW Warranty 4 years / 50,000 Miles covers all defective/ malfunction parts on the car with no deductable. It also included free maintenance on the car. CPO, additional 2 years / 50,000 miles added to the original warranty, covers engine mechanical defects/malfunction. There are some other mechanical parts on the car not also related to the engine that is also covered by CPO. There is a $50 deductable for every non-repeated issue per "visit" CPO can go further which all depends on how good of a SA you have |
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09-26-2011, 08:31 PM | #21 | |
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BMW specifically states (and I referenced it above) that CPO is not an extension of the factory warranty.Even if it were, I'm not sure how that would concern the MM act. Your problem is that you don't understand the differences between warranties, CPO and the MM act (which has nothing to do with CPO.) You screwed up your initial post, went back a few times to fix it and still didn't get it quite right. BTW, I've forgotten more about the MM act that most people will ever know. |
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09-26-2011, 08:39 PM | #22 | |
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"Our warranty has broad coverage that includes: engine, automatic/manual transmission, final-drive assembly, steering, hydraulic brake parts, anti-lock braking system, electrical, air conditioning/heating system, cooling system and fuel system. What is not covered: Upkeep Items Maintenance; engine, transmission and body adjustments; wheel alignment, balancing or rotation; wiper blade inserts; engine drive belts; spark plugs; filters; fuses; all batteries; all hoses and clamps (except air conditioning and power steering); oils, lubricants, fluids, refrigerants and coolants (except as required in the course of a covered repair); brake pads and rotors; brake shoes and drums; manual transmission clutch assemblies; suspension dampers (shock absorbers/strut elements); exhaust systems; tires. Wear and use All wear-and-use items as defined in ''The Certified Pre-Owned BMW Vehicle Program Consumer Information Statement'' for Certified Pre-Owned BMWs (including all suspension parts and components). Body and interior Paint; glass; headlights; bulbs (except instrumentation); mirrors; lenses; body and chassis; body seals and gaskets; interior and exterior trim, moldings and fasteners; upholstery, headliner, carpeting, floor and trunk mats; convertible top (all components except electronics); air or water leaks; wind or body noises; wheels; damage due to rust, corrosion or contamination except as covered by the BMW New Vehicle Rust and Corrosion Perforation Warranty. Accessories Radio/CD (or cassette) player, telephone, navigation system, CD changer, DVD player or any components of those systems, plus non-original equipment parts, components or accessories. |
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