E60 M5 Discussion The almighty M5. Have you seen one today?

Believe it Or Not... It Happens..

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Old 03-16-2010, 01:46 PM
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My Ride: 09 M5 (E60) Interlagos blue, Silverstone interior, with cold weather package. Adaptive Xenon headlamps and adaptive brake lights, hud, comfort access. Comfort seats, basically fully loaded.
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Ladies and Gentlemen as you guys know we always kept discussing about third party warranties for 06's. Man recently i had purchased this 06 M5, a late production and also put up the pics in a some previous thread. Well lets get to the point. I been so worried about not having any warranty on the car, so i thought i'd just buy a newer M5 that is also CPOed on top of that. I called up this place this morning in Jersey. Ray Catena BMW and inquired about the 08 M5 they had going for low 60's and was a CPO. I told them that i had a trade in. She took all the info of my M5 that i was suppose to trade in and after an hour or so called me back and said "you wanted to trade in your 06 cuz of expired warranty right?" i was like "yea".. She said "but i see your car is a CPO vehicle dat is good through June 2012. I paused and took a deep breath..hahaha. Man she assured me that she was right. My even freakin used car dealer didn't know that who sold me the car. So i called other dealers and made sure. YES IT IS A CPO vehicle.. Its like a Hit a Jack Pot...
Check yours, u never know..
Time to rock n roll.. NO more Worries for this car.
Old 03-16-2010, 01:50 PM
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Man, similar thing happened to me - when I bought my car (CPO) they kept trying to sell me the extended maintenance package and I said no. They told me "oil change alone is like $200", I still said no. Next time I had a little issue I took it to my local dealer (not the one I bought from) and they said they would do a few maint items for me. I said "how much?" they said "nothing, you have maintenance until 06/2011" I was THRILLED!!!! So congrats on your "winning"
Old 03-16-2010, 02:09 PM
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Thats a really nice surprise!
Old 03-17-2010, 04:00 AM
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CPO? Explain....
Old 03-17-2010, 04:11 AM
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Originally Posted by Aartsy19
CPO? Explain....
In the States, BMW provides additional warranty on used vehicles that extends the warranty to 6yrs/100k miles from new, whichever comes first.

CPO=Certified Pre-Owned.

Usually, what happens is cars that come back from leasing programs would get sorted and the best examples would then be certified through a series of tests and necessary repairs. When the certification is complete, the dealer gets the CPO warranty coverage registered to the vehicle and sells the car at a premium. Or something to the extent
Old 03-17-2010, 04:15 AM
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Originally Posted by v_therussian
In the States, BMW provides additional warranty on used vehicles that extends the warranty to 6yrs/100k miles from new, whichever comes first.

CPO=Certified Pre-Owned.

Usually, what happens is cars that come back from leasing programs would get sorted and the best examples would then be certified through a series of tests and necessary repairs. When the certification is complete, the dealer gets the CPO warranty coverage registered to the vehicle and sells the car at a premium. Or something to the extent
So very similar to this " Pre-owned/Certified Series " they sell here in Canada. They wont do a BMW extended warranty on my car because its a US import, and the 3rd party warranty is 5KCAN (4900US) INSANE.

Thanks for explaination.

Aartsy
Old 03-17-2010, 04:28 AM
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4900US for an M5 warranty is not THAT outrageous, actually...
Old 03-17-2010, 04:45 AM
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Mines an 05 530 still under warranty till 2011, wonder if I can still extend my warranty. I have the warranty that covers everything to oil change to changing my brakes for free any idea how much it would cost to extend it if possible?
Old 03-17-2010, 04:54 AM
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makes me wonder if I should call and enquire
Old 03-17-2010, 07:52 AM
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Originally Posted by v_therussian
4900US for an M5 warranty is not THAT outrageous, actually...
Check my other thread and commment based on what you see... i need adice ASAP on this..

https://5series.net/forums/topic/928...nty-for-06-m5/


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