Your dealer appears to have it wrong based upon the information that I have in my possession. Here are the 550 packages as of a BMW NA Document created on 3.15.10
Active Ventilation Seating Package
Convenience Package
Cold Weather Package
Dynamic Handling Package
Premium Package 2
Sport Package
On the 550 there is no Premium Package 1. Those feature are included in the base 550.
I ordered a Euro Delivery F10 550 today.
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23 Audi Q4 e-tron; 23 i4 M50 on order
14 X3
Retired: 20 Tesla Model 3 LR AWD; 17 540i x; 14 550i Euro Del; 11 550i Euro Del; 08 550i Euro Del; 06 330i Euro Del; 04 545i Euro Del; 01 530i Euro Del
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