Xited,
Congrats on the purchase? With the X throwing a code for the TFSP and the dealer saying it needs a new tranny is odd, but may not be outrageous. How many miles are on the X? I didn't see that mentioned anywhere. If it has low miles ~ under 30K you should be fine. If it has over 70K then there is some concern. I mean these numbers that I am throwing out are just baselines. Unless the last owner took this car and drove it like a rental with the extra insurance coverage, then those baselines will stick. That clunk from 2nd to 1st isn't normal operation. But most of these symptoms happen on 4.6is/4.8is. Those trans are prone to failure of the torque converter and clutch packs. There is very little on the 3.0d tranny failing. To be honest with you, if the dealer said 11K for the fix and a new tranny, you should have taken it back to the dealer and left it there. Unless they were prepared to CPO it, plus replace the tranny or give you a powertrain warranty, I would have just left it. I know your excitment might have gotten in the way of your judgement but you have to remember. The X is a great ride. It will raise every hair on your body, when it is running right. Given that the dealer found burned oil and residue is a sign that this car was driven hard and wasn't properly maintained. Having the dealer give you $5k off the sticker and replacing the tranny is great short term, but long term, they still got away. If you want to be through, send a sample of your motor oil to get sampled through testing. The test isn't a definitive, but can give you ideas. You have to remember, these cars take a lot to maintain. If you read recent posts, there are folks with valley pan gasket failures, Self level susp inact errors, trannys blowing up, weird electrical gremlins. And these are all the COMMON problems.

What I am truely saying is this. I know you like the X, otherwise you wouldn't have bought it. But with it having tranny problems and the dealer saying they would take it back and fix it, but charge you more for it doesn't make any sense. If they were sensible, they would have refunded, fixed it, called you back and say, "Ok, we will agree to fix it. Would you still like to take delivery (Same or lower price) and we will warranty the tranny for 2 years." Then I would have considered. But for the dealer to nick and dime in the end doesn't sit right with me. Just my $.02.

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2011 E70 50i M Sport