Quote:
Originally Posted by bmwx5er
The car isn't considered "CPO"'ed until it is sold to a customer -- until then, it is only CPO-eligible (meaning, dealer does inspections and makes sure the car meets CPO standards). The CPO loop never closed here because it was never sold to a customer. So, this car never carried a CPO to begin with.
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Exactly correct!
CPO is a product that the dealer needs to
buy from BMWNA. They only do that if they know that the car will retail to a customer with the appropriate mark-up. Sending it to auction has no mark up and CPO is not necessary. So they yank it.