BMW "Buy Back Assist" ???

machine · 08-12-2010, 03:13 PM

I'm looking at a 2011 X5 that is being sold at a bit of a discount becuase it was bought back by BMW under the "buy back assist program".

What does this mean? Sounds to me like fancy language for lemon.

I asked what the problem was and it looks like various transmission issues.

TurboFan · 08-12-2010, 07:03 PM

Sounds like a lemon to me!

Vintage · 08-12-2010, 09:18 PM

Yes - that means it was a lemon of some sort. The problem could have been relatively minor - the BMW "system" can be accessed at the dealer to tell you exactly what the problem was and how it was fixed. If you are informed in writing with the records and they are not too concerning it should not be an issue.

1buck · 08-13-2010, 08:19 AM

Quote:

Originally Posted by machine

I'm looking at a 2011 X5 that is being sold at a bit of a discount becuase it was bought back by BMW under the "buy back assist program".

What does this mean? Sounds to me like fancy language for lemon.

I asked what the problem was and it looks like various transmission issues.

That history electronically lives with the vehicle- so when you go to sell it someday- anyone can quickly review it and it might be a negative factor in resale- ( unless you trade it back to the same dealer) Unless you are getting something like a 20% discount- If it were me, I would pass and look for another vehicle. You can find deals on new vehicles out there. good luck

BrunoT · 08-17-2010, 10:18 PM

Carfax and autocheck note this thing, and it may be on the title as well. When you go to sell down the line a LOT of potential buyers will pass and move onto a vehicle without the lemon potential. The few thou you may save may not be a savings after all, especially if you do have a genuine lemon.

Isolated, easy-to-fix problems would probably not have made it to this point, I'd say. It could be ok, but why risk it? Ebay is full of former lemons being sold because the guy selling them got them cheap and knows someone will not know how bad the history can be in terms of valuing the car. All they'll see is a car that costs $3K less than the other ones.

proceed with care.

08-12-2010, 03:13 PM	#1
machine is also an E46 Fanatic 39 Rep 538 Posts Drives: E70 35D Join Date: Jun 2008 Location: Vancouver, BC iTrader: (0)	BMW "Buy Back Assist" ??? I'm looking at a 2011 X5 that is being sold at a bit of a discount becuase it was bought back by BMW under the "buy back assist program". What does this mean? Sounds to me like fancy language for lemon. I asked what the problem was and it looks like various transmission issues.
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08-12-2010, 07:03 PM	#2
TurboFan Ski bum 317 Rep 6,198 Posts Drives: sideways Join Date: Aug 2007 Location: Knee deep in the pow iTrader: (8)	Sounds like a lemon to me! __________________ 1999 e46 328i Ti Silver / Black[retired] 2007 e90 335xi Jet Black / Black[retired] 2011 e70 X5 35d Vermillion Red / Cinnamon 2011 e92 M3 LeMans / Fox Red extended
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08-12-2010, 09:18 PM	#3
Vintage Colonel 381 Rep 2,588 Posts Drives: BMW G80 (MT), 718 Spyder Join Date: Aug 2009 Location: Austin, Texas iTrader: (0)	Yes - that means it was a lemon of some sort. The problem could have been relatively minor - the BMW "system" can be accessed at the dealer to tell you exactly what the problem was and how it was fixed. If you are informed in writing with the records and they are not too concerning it should not be an issue.
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08-17-2010, 10:18 PM	#5
BrunoT Second Lieutenant 9 Rep 242 Posts Drives: 2012 F-150 Join Date: Aug 2005 Location: Atlanta, GA iTrader: (0)	Carfax and autocheck note this thing, and it may be on the title as well. When you go to sell down the line a LOT of potential buyers will pass and move onto a vehicle without the lemon potential. The few thou you may save may not be a savings after all, especially if you do have a genuine lemon. Isolated, easy-to-fix problems would probably not have made it to this point, I'd say. It could be ok, but why risk it? Ebay is full of former lemons being sold because the guy selling them got them cheap and knows someone will not know how bad the history can be in terms of valuing the car. All they'll see is a car that costs $3K less than the other ones. proceed with care.
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