slwong23

Is there a lower term available and if so, at what cost?

TPLSM3

Anyone can price out a plan through https://factoryprotect.ratessys.com Michael Bernardo at Steingold Volvo is the one that handles that website. I originally found out about his warranty offerings when purchasing my wife’s vehicle. He offers warranty for ALL vehicle makes and is extremely aggressive with his pricing. I have the wheel/tire warranty through Fidelity that I purchased from him and it’s extremely easy to use. Take it to any dealership and give them the contract and dealer calls it in for approval. I got the policy that also covers cosmetic damage to the wheels as well.

Highline-Autos.com

Yes sir, terms almost monthly between 2-8 years, reach out at tgibson@highline-autos.com or (855) 924-1333 for specific offerings.

jhenson29

Insurance, to me, is to cover catastrophic loss. Not small issues. Wheels are not catastrophic loss. If something happens, I’ll deal with it. But history tells me it probably won’t. Your history may differ.

dontlookback

im now In This position.

I know this is an old post but from a risk reward standpoint I think it does make sense afterall if you get a few nails in your tires over years or damage 1 rim or hit a bad pothole. Tires alone cost 5-700$ a CL rim can easily be 5k

dontlookback

I think the equivalent of $55 a month insurance for 7 years in unlimited replacement wheels and tires that are damaged is well worth it considering the price and vulnerability of these tires and rims

doug_999

1. Most people won't keep the car for 7 years
2. Your car insurance would cover the new wheel if you really needed it.

I'm all for peace of mind, but not at those prices.

doug_999

Putting it that way, it is a complete waste of money.

When was the last time you read about a person breaking one of their wheels here? Yes, we all go through a passenger rear tire - but that's $500. It simply is not worth $55 a month for 7 years.

dontlookback

I didn’t think of the car insurance covering the wheel - good point. If one sells the car is the wheel and tire plan transferrable?

my daily driver is a BMW I live in NYC it has run flats and I regret not getting the insurance I’ve been through 3 tires in 4 years - blowouts from bad roads

doug_999

So a 4 year policy would have cost you about $2,500 from BMW, I think you are still ahead of the game - especially because you would have paid the money up front, now you spend the $300 per tire across 4 years. On my 992, I saw the dealer cost of the tire and wheel package - it was less than $1K - so even at that price they are making money. It is insurance - it is there to cover the worst case, but for most of us, that rarely happens.

dontlookback

I’m more concerned about the wheels than the tire. If you see my curb rash in my wheels I have I get them all repaired (wife and young son can’t seem to steer clear of the curbs lol. 😂 jokes aside so you know if wheel insurance will replace wheels for curb rash

Drifting

if they actually cover it is another story.

I got the tire and wheel warranty for my GT3 and those bastards weasled their way out of paying for a bent rim.

If you can afford a 6 figure sports care, better to insure yourself for the little things. You save in the end and much less hassle as well.

doug_999

They will not replace, they will repair if you have the right coverage.

The BMW OEM policy states that if the rim holds air, it is good to go. Terrible terrible policy.

Einmalig

The only reason to purchase would be if you expected to destroy your car’s wheels or tires at a rate quicker than your $4600 investment could grow at 5%. This product is overpriced and unnecessary for all but a small percentage of unlucky owners.

When it comes to non-catastrophic coverages, you are best advised to leave your money in the bank and to self-insure.

dontlookback

wow that’s not cool that they didn’t pay for the rim