Reply to Buying New vs. CPO

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[quote=Anonymous][quote=Anonymous]Never, ever, EVER keep a modern euro car past warranty period. Horrible idea for a “forever” car going into retirement. It’ll be nickel and diming you to death 10 years from now and sucking up cash that you’d rather be spending on travel or other fun things.

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New BMWs have a 4 year warranty. The CPO adds another year. So with a 2021, would have two years of warranty left. But BMW has additional plans with unlimited mileage up to 7 years. So basically 7 years less the 3 years already worn on the car, that gives me 4 years of potential warranty. You're saying its probably not enough coverage based on what can go wrong. I do know that in the Northeast city where I live, 85% of the local dealer's sales are leases. There are high income people who like a new ride every three or four years.Leasing is super high with these things and not crazy about doing it, but it sounds like maybe people do that to avoid the later repairs?

So where is a person to go who wants great handling but doesn't want to support a mechanic?[/quote]

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