[mikethetexan]

I recently bought my 2024 M340i xdrive at the BMW of South Austin, and the finance guy sold me a wheel/tire and extended warranty on the car from Hendricks without telling me it was Hendricks. I was convinced that I bought the BMW plans. He also sold me a maintenance contract, but that one is the Ultimate+ plan from BWM.

It's only when I looked at my profile on myBWM.com that I started noticing that the warranties didn't show, only the maintenance contract. And when I checked, I realized he had sold me a 3rd party warranty without being clear about it.

So, what I need to decide now is whether I should cancel or keep. I have 60 days (well 52 days now) to do that.

The problem is that I do not have the terms and conditions of the BMW plans to compare.

What I have are the Hendricks terms, which I attach here.

Can someone show me the equivalent terms for plans sold by BMW?

I paid $1888 for the 5yr Tire and Wheel Premium Plus plan
I paid $3489 for the 6yr 75K miles New Vehicle Platinum Plan

The finance manager tells me that the Hendricks plan is better, cheaper. For example, only $100 deductible vs $250 for the equivalent BMW extended warranty. And supposedly the BMW warranty would be $4840 and the BWM tire and wheel package would be $3732.

One thing I do not like is the requirement to return the car to the Selling Dealer if I am less than 40 miles away. Does the BMW plan have the same clause? I don't like it because the BWM dealer of South Austin is really far for me, and hard to get to, while the BMW of North Austin is very close by.

So, what do you guys think? Stick with Hendricks or switch to BMW?

Can I still buy the tire and wheel package after the point of sale, the finance Manager said that was not possible. Is that true?

Thanks