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2007 3-series, 5-series, 7-series CPO cars eligible for upgraded maintenance plan
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02-08-2010, 12:41 PM | #1 | |
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Certified Pre-owned sales account for 45% of all BMWNA's sales, so to boost such an important part of BMW's business, BMWNA is extending the maintenance plan on all CPO 2007 3-series, 5-series, and 7-series models sold between Feb. 2 - Mar. 31, to 6yr/100k miles.
Per Auto News: Quote:
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02-08-2010, 03:40 PM | #4 |
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02-08-2010, 04:04 PM | #6 |
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That's no deal. You have to go with normal rate financing, so they get the money back!
The deal is conditional upon standard BMW Financial Services rates.
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02-08-2010, 05:34 PM | #7 |
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Good catch and good call. There are no free lunches in this world... except, unless you have the cash and pay for it outright.
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02-08-2010, 05:36 PM | #8 |
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Drives: E90 335i/Sport/Prem/Cold/Nav
Join Date: Feb 2010
Location: Reston, Va
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I bought my CPO '07 335i from the dealer Feb 1st, you think I would qualify?
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02-08-2010, 06:38 PM | #10 | ||
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Quote:
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02-08-2010, 11:05 PM | #11 |
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look rude, it was a simple question, feb 6th is between feb 2nd and march 31st. so i was asking if I qualified. I didn't know if I had to of financed it or not?
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02-08-2010, 11:49 PM | #12 |
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Taken from the quote above...
"BMW customers with certified pre-owned 2007 3 Series, 5 Series and 7 Series are eligible to receive the no-cost maintenance plan upgrade that ups the warranty to six years or 100,000 miles." So does this mean that if you already own a certified pre-owned 2007 3, 5, or 7 you are eligible to recieve the maintenance plan at no cost? I currently own a 2007 e92 335 that I bought Certified Pre-owned. I bought it in Feb of 2008 though.
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02-09-2010, 10:05 AM | #13 | |
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Quote:
"BMW of North America is upping the ante on its no-cost maintenance plan, adding an additional two years or 50,000 miles on select certified pre-owned 2007 models sold between Feb. 2 and March 31."
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02-09-2010, 11:18 AM | #14 |
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Drives: E90 335i/Sport/Prem/Cold/Nav
Join Date: Feb 2010
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According the my dealer they said, because I bought the car on Feb 1st, it would either be the extended maintenance or rate. The rate I got was 2.9% and he said it would go up to 6.9%-7.9% if I decided to go with the maintenance =(
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02-09-2010, 12:50 PM | #15 |
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simple break even analysis, figure out how much more you pay in interest vs the cost of this upgraded plan
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02-09-2010, 01:02 PM | #16 |
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02-09-2010, 06:17 PM | #17 |
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02-09-2010, 10:15 PM | #18 |
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Just bought my car and signed up for the free maintenance with standard rate. I told the finance manager I will later have it refinanced through my credit union at 4%. He said that was fine but I had to wait 5 months before switching. Although I believe that is not true about needing to wait, I will wait at least one month then plan to refinance at a much lower rate.
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02-10-2010, 09:52 AM | #19 | |
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if you wanna screw him/her, then you can change at ANY TIME ![]()
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02-10-2010, 04:03 PM | #20 | |
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The plan covers all service inspections, oil service, wiper blades, and normal wear and tear, like oxygen sensors and brake and clutch replacements. BMW estimates that costs for those services could amount to $1,800 over two years without a maintenance plan. The deal is conditional upon standard BMW Financial Services rates.
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02-10-2010, 10:23 PM | #21 | |
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My credit union already indicated that once I receive the registration, I simply need to contact them and they will refinance. The only out of pocket cost is a $15 DMV transfer charge. I've already been approved by the CU so I want to just get it over with asap. In the end, all this extra work is damn worth a free $2000 EM plan and 3.9 financing through my CU. I'm excited. |
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