Ok then
 

Just wondering if this has ever happened to anyone else?

get a lawyer dont take any money until you talk to a lawyer..they are trying to get rid of you as cheaply as they can...you may even be able to get another car out of them....rob

What an advice:bustingup ...he just said he wasn't looking for money. Beware of karma.

ok then tell him to refuse the money i guess he has more than bmw

They are obviously trying to avoid a law suit, and the negative publicity that goes with it, and the recall/inspection that something like this may bring upon them.

Yes, you may be able to sue them if you go to a lawyer, but in this sue-happy days...I personally am not in favor of this. Don't get me wrong... I believe law suits do serve a purpose... they make sure that manufacturers don't cut corners and this and that... but in a case like this, I would personally just take the cash offer (for the hell of it) and sign the release form.

Thank you.

They may be trying to avoid a law suit, but don't count on it. They are equally likely to be offering to invest in future business, essentially retaining a loyal customer.

A settlement offer isn't an admission of guilt, as it is nearly always offered 'without prejudice'.

^^ good point.

How much were you offered?

I better not say. But it was 4 figures