I OWN A 2004 BMW 530 I MY DAGHTER JUST CAME BACK FRO WORK SHE PARKED THE CAR IN MY DRIVE WAY AND SHE CAME INSIDE SHE HAD DIINNER AND WE GOT READY FOR BED AT APPROXMENTLY 11PM WE GET A NOCK ON THE SIDE WINDOW WERE FROM THE POLICE DEPT SAY TO EVECUATE AND TO COME OUT NOW WHEN WE CAME OUT THE CAR WAS IN A FIRE AND THE SAINT CLOUD FL MARSHAL SAID THE FIRE START CAUSE DUE TO THE BATTERY OR THE WIRE IN THE TRUNK I CALLED BMW COPPERT OFFICE TO LET THEM KNOW AND THEY SAID THEY WILL NEED TO PICK UP THE CAR TO HAV ENGINER TO LOOK AT THE CAR WAS TOTTLED BMW AFTER THEY TOOL 40 DAY FOR EVALUATION THEY CALLED ME TODAY AND ONLY OFFERED TO PAY $5000.00 TOWARD A CERTIF USED OR NEW BMW I TOLD THEM THAT THIS WAS NOT ACCEPTABLE AND I TOLD THEM I WILL CALL YOUR COPANY AND THEY SEEM NOT TO CARE I WANT TO MAKE SURE EVERY OWNER OUT THERE NEED TO KNOW THIS CAN HAPPEN TO THEM AND THAT RECALL THAT BMW HAD BY REPLACING THE ONLY ONLY A RUBER PART ON THE RED WIRE IN THE TRUNK DOES NOT HELP PLEASE LET ME KNOW IF YOU CAN HELP ME RECOVER MY MONEY ON THE CAR.I DID NOT HAVE FULL COVERGE I ONLY HAD LIBLTY INSURANCE SO THIS DID NOT HELP I HAVE BEEN DOING MY HOMEWORK AND FOUND OUT THAT THERE HAVE BEEN 1.2 MILLION BMW RECALL AND ONLY 1 FIRE MY CAR IS THE 2ND AS I READ MORE ABOUT THE ISSUE AND ALSO FOUND SOME NEWS COMPANY SUCH NBC HAD A ARTICLE ON THIS ISSUE .