2003 BMW 530I Engine And Engine Cooling Problems

REGULAR DAY GOING TO WORK, NOTICE SMOKE COMING FROM OUTSIDE OF PASSENGER SIDE OF CAR, PULLED OVER CHECK UNDER HOOD, DIDN'T SEE ANY SMOKE, GOT BACK IN CAR AND SMOKE START COMING FROM GLOVE DEPARTMENT AREA, WITHIN A MINUTE CAR START GETTING FILLED WITH SMOKE, I GOT OUT TO CALL 911 AND GOT ABOUT 100 FEET FROM CAR AND I HEARD A POP AND THE CAR WENT INTO FLAMES AND CONTINUE UNTIL IT BURNED ALL UP INSIDE AND OUT. *TR

STARTED THE VEHICLE NORMALLY AFTER IT HAD BEEN IN A COLD OUTDOOR GARAGE FOR 3 DAYS. CAR RAN A BIT ROUGH. A HALF MILE DOWN THE ROAD IT BEGAN BILLOWING WHITE SMOKE OUT THE EXHAUST THEN STALLED AND WOULD NOT START. TOWED TO REPAIR SHOP - NOT THE BMW DEALER - WHO DIAGNOSED THAT THE ENGINE HAD SEIZED AND WOULD NEED TO BE REPLACED - A $6000 REPAIR (OR MORE). HE DIAGNOSED THE CAUSE WAS A KNOWN DEFECT DESCRIBED IN THIS BMW SERVICE BULLETIN: HTTP://WWW.BIMMERFEST.COM/FORUMS/ATTACHMENT.PHP?ATTACHMENTID=210092&D=1259409341. THIS VERSION OF THE BULLETIN DIFFERS FROM THE PRIOR ONE WHICH INCLUDE "COMPLETE ENGINE FAILURE" AS A POSSIBLE CONSEQUENCE. BASED ON WEB SEARCHES, THIS FAILURE HAS HAPPENED MANY TIMES. IT IS CLEAR BMW KNEW THAT THE OIL SEPARATOR IN THIS VEHICLE HAD A SERIOUS DEFECT THAT COULD RESULT IN SUBSTANTIAL DAMAGE TO THE VEHICLE AND THEY HAVE A MODIFICATION KIT FIX IT, BUT NO ATTEMPT...