Certified Preowned BMW vs. New BMW: What’s Right for You?

There are a variety of pros and cons to consider when choosing between a new BMW and a certified preowned (CPO) model. Your choice will affect your monthly payments, your warranty protection, what tech you’ll get, and how flexible your timing can be. In this guide, we’ll break down everything you need to know about buying a new and CPO BMW in Manhasset, New York.

What Does BMW Certified Mean?

A preowned BMW becomes BMW Certified by meeting rigorous standards. First, a CPO model must have more than 300 miles and fewer than 60,000 miles. It must also have a complete, verified service record and contain only genuine BMW parts. Finally, a CPO BMW needs to undergo a thorough 360-degree multipoint inspection, reconditioning, and road testing using factory diagnostic tools. BMW-trained technicians complete the entire process, ensuring that every detail is accounted for.

All potential CPO BMWs get their CARFAX or AutoCheck history reviewed to confirm they haven’t been in major accidents or suffered serious damage. The program also includes a CPO limited warranty, offering unlimited mileage for one year after the four-year or 50,000-mile new vehicle limited warranty expires. If you sell your CPO BMW later, you can easily transfer the warranty to the new owner with a simple form.

Some of the CPO program details vary by model and model year. For more information about specific vehicles, please reach out to our BMW Certified team members. Our advisors can walk you through the exact information for any car you’re considering.

The Case for Buying a CPO BMW

CPO BMWs are a wise investment if you’re looking to save on your purchase. You get the quality and benefits of a BMW without facing the steep depreciation cost of a new car. You should also ask our team about deals on CPO models to maximize your savings.

The certification process also ensures that your purchase is backed by BMW’s reputation. By choosing a CPO model, you’ll get a car that practically feels new.

Most CPO BMWs still come with essential tech and driving features. You can find models with all-wheel drive for our cold, snowy winters, and most CPO cars have driver-assistance technology and full smartphone integration.

The Case for Buying a New BMW

Choosing a new BMW means you get to pick exactly what you want — colors, packages, and options. You can choose from the new incoming inventory or build your own model that matches your wishlist.

The latest models also have enhanced efficiency and better tech features than older BMWs. A new model will come with the latest version of the BMW iDrive software in your infotainment system, allowing you to more seamlessly use your car’s and smartphone’s features while driving. The newest models also come with the latest advanced safety and driving-assistance features that BMW offers. This can make your commute on Grand Central Parkway easier and more enjoyable.

New and CPO models have different lease deals that change intermittently. It’s worth asking our team about what incentives are available while you’re deciding.

Cost of Ownership

Before you decide on a new or preowned BMW, don’t forget to consider the total cost of ownership for both types of vehicles. The most important factors to look at are financing and price. We recommend comparing the prices, financing options, and current incentives for all of the models you’re interested in.

The cost of insurance is also important. Depending on your insurance company and personal situation, you may get different rates for certain models and model years. It’s best to get quotes for each car you’re considering.

Maintenance is the last major factor to budget for. New BMWs include complimentary maintenance for three years or 36,000 miles, and CPO BMWs come with a free oil and oil filter change service. We recommend making a budget that accounts for the regular maintenance your BMW will need to keep your costs predictable.

Visit BMW of Manhasset for Your CPO or New BMW

Whether you choose CPO or new, our team at our dealership in Manhasset, New York, can help you through the buying process and support you after your purchase. We can create personalized comparisons between new and CPO models for you. Our team can also schedule back-to-back test-drives to help you pick your ideal BMW. After your purchase, our BMW-certified service team can handle all of your maintenance needs as well. Contact us for more information about new and CPO BMWs and to schedule a visit today.