The dealer price is a couple thousand more than carmax. The warranty is included, but only for an extra year. Carmax costs a bit less, but after purchasing the warranty it would be about even.
It seems like the Carmax warranty is 5 years / 100k miles and probably a better value. Any thoughts on this or any X5 wisdom to pass on? Visit our FAQs for all you need to know about finding and buying a car at CarMax, like reserving cars, selling your car to CarMax, financing, warranties, and more.
Essentially, while CarMax can provide a satisfying buying experience, it does not compete directly with BMW's authorized dealerships regarding new sales and specialized service. Service and Warranty Differences When purchasing a car, service continuity and warranty offerings are substantial considerations for prospective buyers. CarMax, with permission of course, as well as any other dealership or store that took MaxCare, may do this service.
If CarMax just lacked the necessary skills, they would send a vehicle to a BMW dealership. The Standard Limited Warranty All CarMax vehicles come with a 90-day/4,000-mile limited warranty, covering major systems including the engine, transmission, drivetrain, electrical, fuel, steering, and brakes. This is better than what most used car dealers offer, which is typically minimal or no warranty at all.
You gotta Carmax shop right. You're getting the best bang for your buck with heavily depreciated unreliable luxury cars. For example, this 2015 BMW 760i: Most wouldn't touch a 9 year old V12 BMW with a 10-foot pole, but with a 30 day return policy and 5 year warranty, it becomes enticing.
No point in buying a nearly new Lexus from CarMax. twitter Facebook Digg Google StumbleUpon del.icio.us My Yahoo! What Certified Pre-Owned Usually Means At Dealerships Before comparing CarMax with other providers, it helps to know what certified pre-owned usually means at franchised dealerships.
In most cases, CPO programs are managed by the automaker and carried out by its dealer network. Find CarMax locations nationwide. Explore our inventory, financing options, and trade.
Personally, if I were buying a BMW I would want to get it at a BMW dealership with a warranty. CarMax's prices are not significantly cheaper than at a BMW dealership. You can get a 2010 Certified preowned with less miles probably for the same price.
Another thing to consider is BMW runs.9% financing on certified preowned cars.