Absolutely and fast... These things don't make noise normally. Something is rubbing. Unfortunately being that mine is out of warranty I have to wait till it warms up to hunt down the squeal. I seem to remember on my old 2002 4.4 X5 the same problem was a seal on the inside of the car but I can't find the warranty ticket. My current 2002 4.6 X5 has the same problem but waited till it was out on warranty.

Let us know what they replace please