2001 BMW M3

PRICING DETAILS Estimated Value for Trade-In: $12,382 Estimated Retail Price: $18,398

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Recalls

PARKING BRAKE:CONVENTIONAL:MECHANICAL:LINKAGE AND CABLE

Manufacturer Recall Number

01V245000

Model Affected

M3

Units Affected

2,438

Defect

VEHICLE DESCRIPTION: PASSENGER VEHICLES. THE TWO SCREWS THAT SECURE THE PARKING BRAKE CABLE MOUNTING BRACKET TO THE BACKING PLATE WERE NOT TIGHTENED PROPERLY. AS A RESULT, THE SCREWS COULD LOOSEN AND EVENTUALLY FALL INTO THE PARKING BRAKE DRUM.

Consequences

IF THIS WERE TO HAPPEN, THE CABLE MOUNTING BRACKET WOULD NO LONGER BE FIXED TO THE BACKING PLATE AND THE PARKING BRAKE COULD NO LONGER BE APPLIED ON THAT SIDE OF THE VEHICLE. IT IS ALSO POSSIBLE THAT A SCREW COULD LODGE WITHIN THE PARKING BRAKE DRUM, IMPAIRING THE FREE MOVEMENT OF THE DRUM. THIS WOULD PRODUCE NOISE, AND COULD CAUSE THE PARKING BRAKE ON THAT SIDE TO LOCK UP WHILE DRIVING.

Corrective Action

DEALERS WILL REPLACE THE PARKING BRAKE CABLE ATTACHING SCREWS AND SECURE THEM WITH THE PROPER TORQUE. OWNER NOTIFICATION BEGAN OCTOBER 4, 2001. OWNERS WHO TAKE THEIR VEHICLES TO AN AUTHORIZED DEALER ON AN AGREED UPON SERVICE DATE AND DO NOT RECEIVE THE FREE REMEDY WITHIN A REASONABLE TIME SHOULD CONTACT BMW AT 1-800-831-1117.

Notes

OWNERS WHO DO NOT RECEIVE THE FREE REMEDY WITHIN A REASONABLE TIME SHOULD CONTACT THE MANUFACTURER.