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Vancouver Auto Chat 2016 VAC Community Head Moderator: Raid3n

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Old 06-14-2018, 11:32 AM   #1
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Looking at a 2016 BMW SUV... BUT does claims history show red flags?

vehicle is still under warranty till Mid 2020. but.. 3 owners in 2yrs? as if they are getting rid of it due to possible problems?



09/24/2016 British Columbia, Canada Motor Vehicle Dept. Canadian Renewal Registration Issued or Renewed
09/24/2016 British Columbia, Canada Motor Vehicle Dept. Canadian Renewal First Owner Reported
09/24/2016 British Columbia, Canada Motor Vehicle Dept. Previous Use
Lease
04/17/2017 British Columbia, Canada Insurance Records COLLISION RIGHT FRONT CORNER
04/29/2017 British Columbia, Canada Motor Vehicle Dept. Previous Use
Lease
04/29/2017 British Columbia, Canada Motor Vehicle Dept. Canadian Renewal Registration Issued or Renewed
06/24/2017 British Columbia, Canada Insurance Records COLLISION LEFT REAR CORNER
07/22/2017 British Columbia, Canada Motor Vehicle Dept. Canadian Renewal Registration Issued or Renewed
07/22/2017 British Columbia, Canada Motor Vehicle Dept. Canadian Renewal New Owner Reported
07/26/2017 Richmond, British Columbia, Canada Independent Source Odometer reading 12,634 KM
09/02/2017 British Columbia, Canada Motor Vehicle Dept. Canadian Renewal Registration Issued or Renewed
09/02/2017 British Columbia, Canada Motor Vehicle Dept. Canadian Renewal New Owner Reported
10/18/2017 British Columbia, Canada Motor Vehicle Dept. Canadian Renewal Registration Issued or Renewed
11/03/2017 British Columbia, Canada Insurance Records COLLISION RIGHT SIDE



Incident Date Location Type of Claim Detail Amount Odometer
04/17/2017 British Columbia, Canada COLLISION RIGHT FRONT CORNER $1,045.14
06/24/2017 British Columbia, Canada COLLISION LEFT REAR CORNER $779.42
11/03/2017 British Columbia, Canada COLLISION RIGHT SIDE $2,084.86
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Old 06-14-2018, 11:35 AM   #2
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BMW owner myself - those collision amounts are fairly small for a new BMW.

I had an Infiniti previously and to touch up some very light buffable scratches with paint was 1400.

It's under warranty for another 2 years. I'd drive it and if it drove well, buy extended warranty, and when that is up, sell the car.
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Old 06-14-2018, 11:35 AM   #3
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The fact that it's a BMW is a red flag.
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Old 06-14-2018, 11:42 AM   #4
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I remember way back in the day, dealerships had to disclose accidents over $2500 because that was considered serious and substantial.

Considering cars nowadays are designed to crumple for improved safety, any minor fender benders will yield large amounts of $$$ in repairs.

Also, inflation is inflation. Everything is expensive.
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Old 06-14-2018, 11:52 AM   #5
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Those numbers are very minimal. Wouldn’t even replace a fender + repaint of panel
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Old 06-14-2018, 04:09 PM   #6
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The 3 owners in 2 years would be more of a flag to me than those small claims.
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Old 06-14-2018, 04:10 PM   #7
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It could have been a dealership employee demo given the short ownership.
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Old 06-14-2018, 06:27 PM   #8
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I wouldn't worry at all. I would be happy the damage was fixed. I recently had someone tell me their car has a "Clean title" with a carproof to back up the claim. It showed a clean title but the car had damage on both bumpers, a fender and a rear quarter panel. So ya, sure it is a clean title because someone didn't want to spend the money for insurance deductibles to fix the 4 accidents they caused. The car is still a 4 accident car only worse since none of them were fixed. At the end of the day Carproof is a piece of paper, the actual car is what matters.

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Old 06-18-2018, 04:18 PM   #9
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Damage all seems very minor. My guess would be that the first owner was a BMW employee on a 1-year lease term. After the second accident, he probably had enough with the car and just returned it to get a new one.

Only red flag for myself would be the fact that there are three claims on such a new car. Although minor, will definitely affect resale value a bit. Just something to keep in mind. If you can get the car for a good price then it's definitely still worth it.
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Old 06-18-2018, 06:45 PM   #10
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At those prices they basically replaced a tail light, a mirror and an owners manual. Nothing to worry about if its priced appropriately.
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Old 06-18-2018, 07:49 PM   #11
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Owners were definitely female
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Old 06-19-2018, 08:48 AM   #12
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...and on another note.. i looked at a 2018 model of the same above... and saw a 'lien' attached to the carfax?

The sales rep said it has already been paid out but carfax didn't catch up to it yet.

i mean, the car was a 2018 and traded in within 6months with less than 5000km on it.

sheesh.. whats' with these bimmer owners? they either love it or HATE it.
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Old 06-19-2018, 09:01 AM   #13
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...and on another note.. i looked at a 2018 model of the same above... and saw a 'lien' attached to the carfax?

The sales rep said it has already been paid out but carfax didn't catch up to it yet.

i mean, the car was a 2018 and traded in within 6months with less than 5000km on it.

sheesh.. whats' with these bimmer owners? they either love it or HATE it.
Sounds like a BMW Employee lease car. The car can be returned after 6 months up to 1 year. It's possible that the lease hasn't been paid off yet (or is still in the process of) by the dealer's business office to BMW Financial Services.

Source: I've leased a few of them over the years.
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