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Correct, the warranty is this - on N63 it was 120k its now 131k for N63 engines for the valve seals. If its the valve seals leaking they will repair no charge if under 131k. Mine took 1 month however bmw said because my timing chain guides did not look good not to reinstall the engine they will send a new engine to install, I have 113k on mine soon to be zero....
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