BMW Lease Protection / Tire and Wheel Protection - Worth it or not?

[jeisensc]

@max_g

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Can this rim be repaired still? please help!

I leased a 2021 BMW M550i 7 months ago I live in Chicago and the roads are full of pot holes Last week, I realized my front right rim got busted (see pics). Don’t know how it happened. I didn’t purchase tire and rim insurance when I leased the car (paying $2,500 extra for insurance didn’t make sense to me at that time). My rims are 20 inch from BMW (not custom made) I made a stupid decision and took my car to a local auto repair shop and they confidently told me they can fix it for $160. Wh…

Don't be a dummy like me in the F&I department

TLDR; Don’t be a dummy when you get to the finance and insurance department. First off… thanks to everyone that posts here for your knowledge. I was a first-time leaser and even though I read many posts here, I still got run over when I got to the F&I guy. I am putting this here as a cautionary tale, but also would like some advice on the best way to proceed. I had read many things here on LeaseHackr about how to evaluate deals, but unfortunately, not enough on what to do once I got in the F&I…

tl:td;

• price a tire and a rim for your car
• see what others pay for various w&t
• do the math what it’s worth to you

e.g.

Volvo coverage plan worth it?

Of course. My point being they aren’t $1000 more each or it would be loaded into the price. New/retail/quantity of 1 I’m seeing 18” rims at $405, 19” at $380 (yes $25 cheaper), and 20” at $639 each. If you buy them from a Volvo dealer, Customer Care will send a rebate form. Stock 18s are $202, 19s are $283 and stock 20s are $271 (shopping same source obvi can vary) 18 → 19 :: (-100)+(324) = $224 more cost in rims and tires at retail 18 → 20 :: (936)+(276) = $1212 more cost in tires and rims…