Transmission problems $$$'s

Wilk1895

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Atlanta
#1
I have an '02 530 with just under 90k. I took it to the dealer because of the check engine light coming on. I was informed I would need to replace the torque converter and possibly the transmission. They indicated it was very rare to see in the 530. The damage would have been either $2200 or over $4k depending upon what needed to be replaced. The service associate told me without me even asking that BMW would pay 50% if the transmission needed to be replaced but likely nothing if it was just the torque converter. Needless to say, I told him to ask what they would do if was the converter. Being this is my first BMW, I was floored. I received a call 30 minutes later saying BMW would pay for the parts if I would pay for labor. Under either scenario, my out of pocket is going to be $535! I have to say that I am pleasantly stunned given everything I have heard and read regarding BMW NA's willingness to do anything when you are out of warranty.

I am posting this message in the event that anyone else finds themselves in this rather unfortunate position and can feel there is hope that there is some precedent for limiting their exposure.
 
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#3
Make sure the dealer isn't trying to screw you. Ive been in a similar situation, a sensor failed in the steering rack of the ML55, the car was already out of warranty, but they covered the charge for the 1500 dollar part regardless.
 

320iFunCar

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#5
I have an '02 530 with just under 90k. I took it to the dealer because of the check engine light coming on. I was informed I would need to replace the torque converter and possibly the transmission. They indicated it was very rare to see in the 530. ...
[80?] BMW auto trans seem to fail regularly. [bigcry]
Not limited to one model. Mine failed in a '00 528i, with only 50k miles. [mad]
 


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