550i issues - no warranty - what to do

[kspr030]

Hi,

2 weeks sago I drove 3 hours to Seattle and I traded my '06 325i of for a '08 (1 owner) 550i, 77k miles. Amazing car. Super happy with it.

But this week I took it to a BMW dealer in Portland (where I live) for a free fall check up and several things came to light:
Transmission fluid leak, and engine oil leak. Got quoted for $1500 repair. I went for 2nd opinion to a BMW specialized shop in town and they even found more problems and quoted me $2400 for needed repair. (Valve cover gaskets and upper timing cover & Transmssion pan and sealing sleeve).

When I purchased the 550i 2 weeks ago it was sold "As Is" and "No Warranty". They did handed me over an inspection report (that I still have) and engine and transmission fluid check were all part of it and signed off as OK. Also they promised me it was in great shape and if any issues they would take care of it. Based on that information I agreed on the deal.

I hit up the dealer in Seattle and they don't want to help. They claim 'it is a used car" and they sold if for a price so low that they don't have a buffer to help compensate me with these costs. (it was not below KBB)

I do understand a used car is always a risk and comes with certain (some unforeseen) wear and tear. I already had a few minor things taken care off myself (window repair, seat repair, new wipers). But I feel these more substantial leak issues with engine and transmission are more serious and should be addressed.

Either they knew and didn't tell me.
Or they didn't know. Then it would mean they may had a not 100% ok vehicle brought in and their inspection failed. Which is not fair to throw that on the costumer. They should sympathize and help with solution.

Any of you have had similar situation and have advice?
Any legal rights I have?
What you guys recommend?

Thanks so much

[Chihuahua]

Hate to sound harsh, but the checkup should have happened before the purchase. I doubt you have any recourse unless they put something in writing.

It's a 7 year old E60, so expect to put a couple grand into right away.

good luck with the car.

[kspr030]

well, they did an inspection and share with me results. So I do have that in writing.

Btw - its an '08. so 5 years old

[Chihuahua]

Originally Posted by kspr030

well, they did an inspection and share with me results. So I do have that in writing.

Btw - its an '08. so 5 years old

Is there anything in there that states they'll repair anything that was missed in their inspection? Naturally, when the party selling is both inspecting and selling the car, expect biased (and possibly misleading) information.

Sorry, don't know why I thought it was 7 years old. We are in MY 2014, so for all intents and purposes it's 6. You're right in the time frame where things are going to fail and you're going to start replacing things on a regular basis, either because of a hard failure or to prevent the car from breaking down and leaving you stranded.

Good luck with the car. Once you get it sorted out, the E60 is a truly amazing car and one I'm sure will go down in BMW history as a real game changer.

[kspr030]

Well that information does not really stoke me out after just having purchased my car. but thanks though

[Chamoh78]

Once option would be to pay for the repairs and then take them to small claims court and claim they sold the vehicle to you under 'false pretenses'...

[mweine]

sounds like a bunch of seals. Why so much? Can u post a copy of the estimates?

[kspr030]

Valve Cover Gasket Set $95
Valve Cover Gasket Set $95
Timing Cover Gasket $7
Timing Cover Gasket $7
Camshaft Solenoid Gasket $12
Camshaft Solenoid Gasket $7
Camshaft Adjuster Seal $6
Brake Vacuum Pump $500
Shop Supplies $7.92
Valve cover gaskets and upper timing cover - Labor: $800
TOTAL = $1500
+

AT Pan $242.81
AT Plug Adapter Sealing Sleeve $19.68
Auto Trans Fluid D4 ATF - Quart $137.88
Shop Supplies $5
Transmssion pan and sealing sleve - Labor $450
TOTAL = $855

[kspr030]

Would getting an extended warranty make any sense? Its so expensive with high mileage so seems like a gamble ('08 - 77k).

Any recommendation on Elite or Premier coverage for my situation?

[bobchuong58]

Originally Posted by kspr030

Valve Cover Gasket Set $95
Valve Cover Gasket Set $95
Timing Cover Gasket $7
Timing Cover Gasket $7
Camshaft Solenoid Gasket $12
Camshaft Solenoid Gasket $7
Camshaft Adjuster Seal $6
Brake Vacuum Pump $500
Shop Supplies $7.92
Valve cover gaskets and upper timing cover - Labor: $800
TOTAL = $1500
+

AT Pan $242.81
AT Plug Adapter Sealing Sleeve $19.68
Auto Trans Fluid D4 ATF - Quart $137.88
Shop Supplies $5
Transmssion pan and sealing sleve - Labor $450
TOTAL = $855

Do you see the oil leaking on your Garage floor?