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HELP! Do I sell my car or go for mega-cost repairs for water damage on a barely driven 2008 BMW X5?
I am in the middle of a catastrophe after having been out of the country for 5 years. I left my brand new 2008 BMW X5 in the care of a relative who left the vehicle outside and unattended for the past 3 years. Apparently the water drains all clogged in the sunroof and leaked into the car. The brakes, tires, and fluids of course need to be changed but the water damage has caused major damage to the electrical system and the entire carpeting would need to be replaced. I've taken the vehicle to a reputable dealership and also to an independent BMW shop who both told me the same thing. They both advised that the car may have additional problems in the future and were skittish about even doing the repair work. On the outside, the car looks perfectly brand new. The water damage never flooded the car, the mats are moist but no smell of mold/mildew. The car has only 10k miles and both locations told me the engine and transmission are perfect. The repair cost comes in around $15k+. What do I do?
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Answers
Why do the brakes need to be changed? Did the tires dry rot?
If the carpets are just moist, how much water leaked in? Which electrics were affected? Does the car start and run?
Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
Wife's: 2015 X1 xDrive28i
Son's: 2018 330i xDrive
How did leaking water corrode the brakes? Are the discs rusted?
Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
Wife's: 2015 X1 xDrive28i
Son's: 2018 330i xDrive
The problem with getting it repaired is that such repairs are "open ended"--they start the work and since nobody knows exactly what's wrong, the work could go well beyond the estimate.
I'd have to know exactly which systems ARE and are NOT working on this vehicle. Seems to me with only wet carpeting there would only be things like junction boxes affected.
Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
Wife's: 2015 X1 xDrive28i
Son's: 2018 330i xDrive
A lot of shops would be very afraid to take on a job like this and for good reason.
A lot of unanswered questions here that are a bit puzzling to be sure.
Your BMW may be worth more as a parts donor.
If the tires are in good condition, pump them up and see if they hold air.
If it starts, runs and moves, it may not be as bad as you think.
$15K seems like a big bill for something that doesn't have any cosmetic damage, with no paint work involved and a vehicle that they say has a perfect motor and trans, which should run and move.
It's very painstaking and I could see someone running up 80 hours/two weeks labor on a good dunking--although I suspect, given the small amount of water, that it would probably cost more like $3000 to $5000---more or less a weeks' work plus whatever parts, modules, wiring, etc you'll need.
Just not sure what the heck is under those carpets and seats.
Having said all that, your best bet is to find a DIY guy with an optimistic state of mind and hope you can get a bit over $10,000 for it.
Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
Wife's: 2015 X1 xDrive28i
Son's: 2018 330i xDrive
http://topclassactions.com/lawsuit-settlements/lawsuit-news/47264-bmw-cant-dodge-water-damage-class-action-lawsuit/
Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
Wife's: 2015 X1 xDrive28i
Son's: 2018 330i xDrive
Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
Wife's: 2015 X1 xDrive28i
Son's: 2018 330i xDrive