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CPO used to add two-years and 50,000-miles to the manufacturer's warranty. These days it costs the dealer the same amount but adds only one-year, albeit unlimited miles. You can than M-B for that since they started the whole one-year/unlimited program which arguably benefits fewer buyers and has to cost M-B and BMW less in the long run. We are usually able to offer quality after-market warranties for longer terms at less money with the added convenience of not requiring you take it back to a BMW dealership for claims. Just be careful to research the company, their history, and ask for references if possible.
CPO does not guaranty an accident-free history and the guidelines even set standards for some serious damage such as frame-damage repairs that still qualify for CPO after proper repairs. CPO cars do qualify for some incentives like BMW's College Grad program ($1,000) and even BMWCCA Loyalty rebates. Often BMW will run CPO programs at lower interest rates, too.
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