sack5000

If you lease a car and later decide to buy, can the car be a CPO? Thanks for your reply....

Vadim @ FD

No, it can not be CPOed.

jangy

Short answer is no. But, I thought you could buy an extended warranty (if that is what you meant).

sack5000

If you buy it new? What would the cost be?

jangy

Sorry, I'm confused. You talking about the extended warranty?

Can anyone confirm that you can't buy the extended warranty after the lease begins? I thought you could but I've never kept a car that long.

Vic55

I beg to differ ... Basically if you find a dealer that is willing to take your car into inventory and certify it and then sell it back you, you have yourself a starmarked car. Trust me I have seen it happen.

jangy

That it can. BMW made a habit of it. I guess the question was how those of us WITHOUT connections can do it!!

Vic55

At last you see the dark side of force ...

jangy

Dude, that I do. That I do. I've learned my lesson on that. Maybe a little late for some, but oh well...

MB_Forever

Actually, according to my local BMW dealer, they don't even have to buy the car and certify it. You can always just walk-in and extend the warranty as well as the maintenance service plan, but you pay an additional fee of $600 to certify the car. This can be done on Owned and Leased cars as long as they are still under original warranty.

But for Mercedes Benz, I've spoken to over 11 dealers in California trying to get them to buy my car and sell it back certified (of course I would pay for all costs incurred on them to certify the car plus costs of warranty), but non of them agreed. However, I'm sure some dealer out there might agree (for the right price).

Vadim @ FD

I rest my case...............................

As of last year MB has crackdown on this practice. Sorry.

jangy

I understand that MB is cracking that whip, but can someone verify that we can NOT buy an extended warranty after the fact? CPO is a different issue.

Vic55

I think car has to be in its first year of service with the original owner- after the 12 months you are out of luck.

Vadim @ FD

Extended warranty can be bought pretty much at any time. For info call Lynn at 949.347.3716.

m_berman

My dealer, MB of Valencia stated the based price of the extended MB warrranty is good for the 1st year, after that, the price increases 10% each year thereafter.
Buy it just before your 1st year anniversary and save some money.

sack5000

I just leased an E63 from a Dallas dealer, they told me that the car could be CPO if I exercise the purchase option at the end of the lease. Why not, they don't want the car back anyway....??

If MB Financial takes it back don't they run the car through the auction? I understand a MB dealer buys it and MB Financial loses $7-8M on average, true? Why not let the original lesee have the car at CPO on paper rather than going through the auction??