with all the tech in cars these days…who wants an 8 year old car anyway?
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Someone who’s in a 9yr old car. 
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I know someone who bought a three year old X5 50i CPO for around $45k and thought it was a great deal given the original sticker of almost $80k. Nothing but trouble, so I told him to dump it once the warranty ran out 3 years later. Trade in value was now $18k. Decided to keep driving it without a warranty and no joke, the motor seized up. Replacement engine was more than the value of the car, but luckily BMW put him in a rental and replaced it for $6k out of his pocket. I told him to dump it again before something else happens and he keeps driving it. Now the check engine light is on for something. Thats’s roughly $900 a month for POS that keeps breaking down and could serve up another huge bill at any moment. No thanks.
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owning BMW out of warranty = financial suicide
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The only thing more foolish than owning an out of warranty German car is owning an out of warranty British car.
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I don’t even want an in-warranty British car. I LOVE Range Rovers, but when (say hypothetically) an 85k Velar gets to its new home for the first time, and piddles all the transmission fluid on the driveway like a rescue dog - of course they apologize (and lie THAT NEVER HAPPENS) flat bed it out and leave a brand new Disco Sport as a loaner - which itself won’t start the next day either and needs to also be towed out of said hypothetical gated community. No thanks!
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Wow. Just wow.
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Thanks everyone
Guys, now you make me feel bad I kept my 2016 X5…and it has 49k miles…
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I once bought a CPO 2008 135i and having had German cars that broke before it I elected to purchase the extended warranty.
Sure enough about a year in to owning the car I had to have the entire automatic transmission replaced.
The parts and labor came out to over $10,000 at the local BMW dealership, I paid a $50 deductible.
Since then I got rid of that car and only have done leases where everything is covered by warranty.
Lease is the way to go unless you are or are really good friends with a good mechanic who specializes in Zee Germans
Thanks for the input I’ve decided to buy a 2006 x3 with 120k miles
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Um…
Well…
Okay.
Have fun paying for your service advisor’s new lake house. Seriously, good luck with your new ride.
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I like your style
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Very rebellious, like a teenager.
OP question was whether it’s worth buying a CPO car, then turns around and buys a 13yr old potential basket case.
Whatever, it’s their money to throw into a bottomless pit.
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Maybe he’s just trolling, no one is this stupid.
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I wish I believed that.
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Lease 100% I own a E92 328i and I’m at over 10k in repairs (thank god for 3rd party warranties) this will be the last BMW I own.
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And that’s just on a 3 series. I can’t imagine being buried into an X5 or a 7 series, I’d probably stick a lit rag in the filler neck and walk away.
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tell me about it. They were almost all oil leaks (aside from getting my spark plugs replaced twice)