[Justinandwhat]

Hi all,

I purchased a 2019 X5 with 9k miles on it from a nonlocal dealer. When i was talking to the finance director, he told me post 2017, the original standard warranty does not automatically transfer to a new owner without cost. He added $20 bucks per month to my payment (60 months total).

Then I got a oil change from my local dealership, the service advisor told me to get that warranty transfer, it should only be a one time $170 fee. Given my interest rate and 60 terms, the present value of that $20 n=60 is still way above $170 dollar. I gave the finance director a call and he's like 'no, thats wrong. whatever. i dont care"...

Is there something I can do about this? Or since I signed on the paper agreeing to pay that, i basically just have to suck this up ?

[Justinandwhat]

PV turns out to be $300 bucks.

[VTENGR]

Originally Posted by Justinandwhat

PV turns out to be $300 bucks.

That's interesting. I've never head of the standard manufacturers warranty not being transferable.

[Marty in NY]

Originally Posted by Justinandwhat

Hi all,

I purchased a 2019 X5 with 9k miles on it from a nonlocal dealer. When i was talking to the finance director, he told me post 2017, the original standard warranty does not automatically transfer to a new owner without cost. He added $20 bucks per month to my payment (60 months total).

Then I got a oil change from my local dealership, the service advisor told me to get that warranty transfer, it should only be a one time $170 fee. Given my interest rate and 60 terms, the present value of that $20 n=60 is still way above $170 dollar. I gave the finance director a call and he's like 'no, thats wrong. whatever. i dont care"...

Is there something I can do about this? Or since I signed on the paper agreeing to pay that, i basically just have to suck this up ?

We are talking about a new car bumper to bumper manufacturers warranty, correct? Not a CPO or third party warranty, correct? Last I knew there was no charge because the factory warranty follows the car, not the owner. Its probably too late for you since you signed a contract but you could always contact BMWNA and ask that question and then alert them to the fact that they have a dealer(s?) who is charging for it. You said non local dealer but I am assuming you are referring to a non local BMW dealer, correct?

[Aimster82]

Finance managers at most dealerships are trash. He probably got you and nothing you can do about it. Did you get your car loan with them? I ask because they are known to add .25%-1% on the rate so they can make commission. Even the GAP insurance for a purchase they mark up. As you can see I've had bad experiences ....

[spike5150]

Originally Posted by Justinandwhat

Hi all,

I purchased a 2019 X5 with 9k miles on it from a nonlocal dealer. When i was talking to the finance director, he told me post 2017, the original standard warranty does not automatically transfer to a new owner without cost. He added $20 bucks per month to my payment (60 months total).

Then I got a oil change from my local dealership, the service advisor told me to get that warranty transfer, it should only be a one time $170 fee. Given my interest rate and 60 terms, the present value of that $20 n=60 is still way above $170 dollar. I gave the finance director a call and he's like 'no, thats wrong. whatever. i dont care"...

Is there something I can do about this? Or since I signed on the paper agreeing to pay that, i basically just have to suck this up ?

You are talking about included maintenance, not warranty. Maintenance does not transfer for free since 2017, and is now only 3/36k. Warranty is unchanged at 4/50k.