Approved used 6 year old Bmw?
Approved used 6 year old Bmw?
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Slow

Original Poster:

6,973 posts

168 months

Saturday 7th March 2015
quotequote all
Just spotted this e60 523i which is approved used with a 1 year unlimited mileage Bmw warranty.

Is the warranty worth a penny or is it like other dealers "warranties"?

http://www.autotrader.co.uk/classified/advert/2015...

pointedstarman

554 posts

177 months

Saturday 7th March 2015
quotequote all
BMW's approved used warranty is better than many new car warranties and worth their weight in gold. As an example my previous car, a 5 yr old 520d, had a duff battery which was replaced under warranty without quibble. The guy who did it told me about a 3 week old Volvo he'd just been to that turned out to have duff battery also which the dealer said wasn't covered and asked the owner to stump up!

Almost everything is covered and the dealers are more than helpful ime to fix things under warranty. My only advice is try to get it extended to 2 yrs. They often will give you the 2nd year to clinch the deal.

Slow

Original Poster:

6,973 posts

168 months

Saturday 7th March 2015
quotequote all
Not sure they are going to struggle to sell this car, rang up and they already have someone seeing if they can get finance approved.

Glade

4,516 posts

254 months

Saturday 7th March 2015
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I bought my E92, 6 years old... fortunately haven't had to use their warranty.

The prep they did on the car was amazing, resprayed the bumper, pulled out some dings, refurbed the wheels. it basically looked like new.

I had a question about the HUGE amounts of steam coming out of the exhasut, they took it in for diagnostics... when I had Renaults they would have charged for it.

I can't fault my experience with BMW so far (on an old car TBF).

Momentofmadness

2,371 posts

272 months

Saturday 7th March 2015
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Sorry I've got nothing to add, but that car looks great ! smile

Let us know how you get on !

MondeoMan1981

2,458 posts

214 months

Saturday 7th March 2015
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I bought an E46 approved used.

I had poor radio signal so the rear window was replaced free. As was the heater resistor when it played up.

However rusty inside of the rear light clusters were not covered....

daemon

40,169 posts

228 months

Saturday 7th March 2015
quotequote all
Slow said:
Not sure they are going to struggle to sell this car
What made you think they were going to struggle to sell it?

Slow

Original Poster:

6,973 posts

168 months

Saturday 7th March 2015
quotequote all
daemon said:
Slow said:
Not sure they are going to struggle to sell this car
What made you think they were going to struggle to sell it?
First reply saying to ask for a second years warranty to clinch the deal, was saying I doubt they need to offer anything at all to sell it.

DSLiverpool

16,574 posts

233 months

Saturday 7th March 2015
quotequote all
BMW AUC warranty is fantastic - why would you think it's not?

Slow

Original Poster:

6,973 posts

168 months

Saturday 7th March 2015
quotequote all
Well is it worth the premium over a non dealer car is more what I was meaning.

Fox-

13,575 posts

277 months

Saturday 7th March 2015
quotequote all
daemon said:
What made you think they were going to struggle to sell it?
It's a very undesirable car - it's the 523i which is not particularly swift yet being a 6 cylinder petrol has 530i levels of thirst. It also has a manual gearbox and no navigation. The potential market is therefore fairly small, though the fact it's an M Sport might help things.

DSLiverpool

16,574 posts

233 months

Saturday 7th March 2015
quotequote all
I had over £6k of warranty work on a £20k AUC with not a peep of a payment required, joy to have and the car was I perfect however the crap supplying dealer should have done the work first.

daemon

40,169 posts

228 months

Sunday 8th March 2015
quotequote all
Fox- said:
daemon said:
What made you think they were going to struggle to sell it?
It's a very undesirable car - it's the 523i which is not particularly swift yet being a 6 cylinder petrol has 530i levels of thirst. It also has a manual gearbox and no navigation. The potential market is therefore fairly small, though the fact it's an M Sport might help things.
I wouldnt go so far as to say its a "very undesirable" car - good petrol six cylinder 5 series BMWs are rare, therefore generally dont sit long no matter what the engine BHP

Edited by daemon on Sunday 8th March 12:51

Claudia Skies

1,098 posts

147 months

Sunday 8th March 2015
quotequote all
Slow said:
Is the warranty worth a penny or is it like other dealers "warranties"?
  • How long do you keep your cars?
  • What will you do if the car fails in the second year?
  • Have you asked how much they would take off the price if you don't take the warranty?
All worth thinking about.

Slow

Original Poster:

6,973 posts

168 months

Sunday 8th March 2015
quotequote all
Claudia Skies said:
Slow said:
Is the warranty worth a penny or is it like other dealers "warranties"?
  • How long do you keep your cars?
  • What will you do if the car fails in the second year?
  • Have you asked how much they would take off the price if you don't take the warranty?
All worth thinking about.
So far only about a year at most. Due to insurance reasons and upgrading as soon as I could.

At 20 I can insure this car for just £600. Got my current 3 series coupe and really need the back doors but love the straight six and manual.

Prefer the look of the 5 series to the 3 series 4 door, so ended up looking at these.

Fox-

13,575 posts

277 months

Sunday 8th March 2015
quotequote all
Slow said:
So far only about a year at most. Due to insurance reasons and upgrading as soon as I could.
You'll lose a fortune then - it's premium priced because it's from a main dealer which with long term ownership in mind is less of an issue but if you plan to get rid of it in a years time it'll cost you dear.

AlmostUseful

3,319 posts

231 months

Sunday 8th March 2015
quotequote all
Exactly, because in a years time it's 7 years old, with no warranty and a straight 6 engine that not many people want.


I bought my 6 year old AUC 330D with the view of keeping it for 4 years, nearly 3 years in and I still have no desire to sell it so paying the extra for a stupidly low mileage car with a good known history was well worth it.

Slow

Original Poster:

6,973 posts

168 months

Sunday 8th March 2015
quotequote all
Fox- said:
Slow said:
So far only about a year at most. Due to insurance reasons and upgrading as soon as I could.
You'll lose a fortune then - it's premium priced because it's from a main dealer which with long term ownership in mind is less of an issue but if you plan to get rid of it in a years time it'll cost you dear.
Don't plan on shifting it in a year. Just I have done this before as I could upgrade from a mk1 focus, then my situation changed and was doing too much mileage for my 30 year old cherry turbo. Now insurance is reasonable I can look for a car that meets my needs other than insurance wise.

Slow

Original Poster:

6,973 posts

168 months

Thursday 12th March 2015
quotequote all
So looks like its sold, final stages, got first call on it should it not sell.

Shame as it looked good.

va1o

16,118 posts

238 months

Thursday 12th March 2015
quotequote all
Maybe not the end of the world, £11k is expensive for an E60 and puts a big premium on the fact its 'approved'

For just £1500 more you could get into a non-approved F10 528i - http://www.autotrader.co.uk/classified/advert/2015...



I know which one I'd go for!