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It's probably not a BMW CPO vehicle then.
Some dealers have two types of CPO classes. One is under the manufacturer's flag, the other is a dealer level CPO. You can usually spot these as you'll see off brands also carrying the CPO designation at the dealer. The dealer CPO program is generally a cash grab marketing tactic which lets the dealer sell the car at a premium as everyone believes CPO programs are manufacturer backed.
If it has no service history, BMW won't CPO it. Part of the requirement is the car must have had all the factory recommended services done (at the correct intervals) in order to qualify.
I personally paid the premium for the manufacturer backed CPO program as it also allowed me to ended the warranty through BMW as well. With that said, the extended warranty is written such that I doubt they will ever cover anything. The exclusion list is pretty large and as soon as they figure out you did any sort of "performance driving" in it, BOOM...warranty is null and void.
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