BMW CPO – What does it mean?
BMW Certified Pre-Owned (CPO)
What does BMW CPO mean and why is it better than a regular used car purchase?
BMW CPO stands for Certified Pre-Owned, which means a vehicle has passed a set of BMW quality standards that qualifies it to be offered with BMW’s warranty. The car must not be more than four years old, and it must not have over 60,000 miles to be considered for the certified pre-owned program. Most of the BMW’s with the CPO badge were often leased, leased vehicles have better maintenance history than most used cars.
The BMW CPO is an alternative to a standard new car purchase. The best part of this is that it is offered with great warranty options without having to pay the original car MSRP sticker price.
BMW offers two certified pre-owned plans, each of which includes the BMW new vehicle warranty program. The first is known as Certified Pre-Owned Elite. These vehicles have fewer than 15,000 miles, and BMW provides a one-year/25,000-mile extension into the BMW new-car guarantee (four-years/50,000 miles). Buying a CPO Elite BMW is quite much like owning a new BMW. Shoppers buying one of these vehicles might want to inquire why the prior owner stop on the car so shortly, as nearly nobody owns a car for only one year or less.
The second program is the larger pool of vehicles known as Certifed Pre-Owned. These are BMW vehicles with fewer than 60,000 miles. BMW adds an additional 2 years or up to 50,000 miles into the BMW new car warranty for these certified pre-owned BMWs.
1. Why choose BMW CPO?
There are many reasons why owning a car through BMW’s car market is the way to go. Not only can you take advantage of the fantastic warranty options, but you will also be able to choose from a variety of models from a variety of BMW dealerships that suits your needs. This makes buying a certified pre-owned car a great experience.
2. Finding the right BMW CPO vehicle
It’s essential to note at a few things before you arrive at any BMW dealership. The first thing that you need to know is what you want in your car. This means that you need to think about what features you want and then think about what size car you need. Remember that if you do not have a definite idea of what you want, you run the risk of overspending on a vehicle that doesn’t suit your needs!
Here are some features you’ll want to keep in mind:
- Size (coupe, sedan, mid-size, full-size)
- Miles per gallon (engine specifications)
- Exterior color
- Interior features & color
- Extra add ons (Performance options & maintenance plans)
3. Budget / Pricing
Once you have your ideas sorted out, you’ll need to decide how much you are willing to spend. If you’re looking to add on any of BMW’s performance modifications into your purchase, consider the cost of parts & labor. Another added cost to the final sticker price is the maintenance warranty option BMW offers with all their CPO vehicles.
4. Ready to purchase your certified pre-owned vehicle?
Consider calling a few BMW dealerships around your area for quotes on vehicles that match what you’re looking for. Before making any purchasing decision, make sure that you are pleased with the vehicle’s price and condition. Reading Yelp and Google reviews on the BMW dealerships that you’re considering buying from is also a good idea. You can avoid any sleazy salesperson who has a bad reputation with customers.
Conclusion
Buying a certified pre-owned vehicle is a great way to save money but also get a practically new BMW. Extended warranty options also help keep your mind at ease.
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