BMW //M Discussion on the BMW M1, BMW M3, BMW M4, BMW M5, and the BMW M6

Certified Pre-Owned M5's???

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Old Sep 1, 2006 | 08:08 PM
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Certified Pre-Owned M5's???

So, I'm replacing my C4S with an E60 M5, and I'm looking at one at a local dealer. We're all smiles, great car, all the options I want, so we agree a price, and start the paperwork. 20 minutes later, the guy comes back in to tell me that the car is not certified pre-owned (which he had told me it was). The car is eligible (>6 months old, > 6k miles). Then the sales manager comes in and tells me that BMW are not issuing CPO status to any 2006 M5s at all.

Is this true, or am I being told fibberoonies?

I walked away for now, but if what I'm being told is true, then it's a great deal on an M5, but if not, I don't want to not get the extra two years of warranty coverage, and I'll keep looking.
 
Old Sep 1, 2006 | 08:13 PM
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you should have 3.5 yrs of factory warranty left. can't you buy a BMW extended warranty if CPO isn't offered? BMW warranty is fishy anyways. I've heard many items are not covered and often passed on as normal wear and tear.
 
Old Sep 2, 2006 | 09:10 AM
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Originally Posted by djantlive
you should have 3.5 yrs of factory warranty left. can't you buy a BMW extended warranty if CPO isn't offered? BMW warranty is fishy anyways. I've heard many items are not covered and often passed on as normal wear and tear.
only the orginal owner can buy factory extend warranty.

I highly doubt that dealer was telling the truth.
 
Old Sep 2, 2006 | 09:28 AM
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Interestingly, I looked up the CPO section of bmwusa.com, and while I found a bunch of E39 M5s, E46 M3s, E60 5-series, and all other models listed through official BMW dealers, I found not one E60 M5. I'm putting in a call to BMW today to see if I can get a definitive answer.
 
Old Sep 4, 2006 | 07:15 AM
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i was fortunate enough to have just driven an M5 a few hours ago, and holy crap, if you can, then you must.
 
Old Sep 4, 2006 | 08:18 AM
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Any car you buy will have at least 3 years of the original warranty remaining. Is the cpo that important? Can't imagine it would be a deal breaker?
 
Old Sep 4, 2006 | 08:52 AM
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Originally Posted by jamie
Any car you buy will have at least 3 years of the original warranty remaining. Is the cpo that important? Can't imagine it would be a deal breaker?
Turns out it wasn't, so I got the car on Friday.

I spoke with the head of BMW's CPO program, who confirmed that the E60 M5 is currently not eligible for enrollment.

My concern with that car was that the dealer had attempted to enroll it in the program, and it got bounced back. If the program is available, and that car was not in it, it implied that there's a problem with it that couldn't be fixed, meaning I'd want to pass on it.

Although, between the frequent transmission failures, steering angle sensors, and red screens of death I read about on M5Board, I'm sure the BMW ownership experience will be very similar to owning my C4S (only I'll be going faster, with more complaints from the peanut gallery )
 
Old Sep 4, 2006 | 09:41 AM
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Pics please!!! Nice choice - the M5 is probably the only BMW I would own - much better than the M6 IMO.
 
Old Sep 4, 2006 | 09:51 AM
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they are sooo fast and look really aggressive...and they will either meet or beat a 996tt...i think the M beats the 996tt over 100mph IIRC...but dont quote me on that..
 
Old Sep 5, 2006 | 08:05 AM
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Originally Posted by PMac
Turns out it wasn't, so I got the car on Friday.

I spoke with the head of BMW's CPO program, who confirmed that the E60 M5 is currently not eligible for enrollment.

My concern with that car was that the dealer had attempted to enroll it in the program, and it got bounced back. If the program is available, and that car was not in it, it implied that there's a problem with it that couldn't be fixed, meaning I'd want to pass on it.

Although, between the frequent transmission failures, steering angle sensors, and red screens of death I read about on M5Board, I'm sure the BMW ownership experience will be very similar to owning my C4S (only I'll be going faster, with more complaints from the peanut gallery )
Congratulations!! Pics and write-up!!!
 
Old Sep 5, 2006 | 08:07 AM
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let's see some pix. i love the seats of the car.
 
Old Sep 5, 2006 | 06:32 PM
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Lets see some pics-

Although I don't agree that the M5 is the only good M car-

I lovveee my M3, but would take an M5 over it lol
 
Old Sep 5, 2006 | 08:00 PM
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I'll take some pics tomorrow. Any specific things anyone wants to see?

I only got the regular seats, but they seem fine, and I've sat in the swanky M-multi-function ones.
 
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