Quote:
Originally Posted by jspdr
Are you saying you have either to settle for a total loss, or dealer will replace the engine? Can you negotiate the total loss settlement? Is it legally or financially make sense if you accept the total loss offered, then suit them in small claim court for the difference? It is indisputable evidence that their action has caused your financial damaged. Just explored the option.
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BMW offered me $23k for them to take the car off my hands. That would only leave 2k in my pocket and no car to drive in the mean while when searching for a car. With that I will be losing out on a 4.8is that is not easy to find. They originally were going to rebuild the engine but the cost was greater than the car value. The same goes for getting a new engine ( but they don't have a new engine to replace it with) this is why they sought out a used engine.
Because this Is an asset there isn't much more they are required to do other than paying market price for a pay out or fixing the problem. Also there is no compensation for some thing like this (ex. Pain and suffering).