So i was rushing to work this morning and I gunned it at around 40 mph, and my M45 made the worst noise imaginable. Loud knocking, loss of power, then turned off. It no longer turns on. I believe my engine is now shot at 101k miles.

I took it to the dealer, and they will quote me in the next two days, but he said he saw a similar incident that ended up costing 16k in repairs. Luckily I have an extended warranty. Are there any engine parts that are usually not covered by extended warranties? This is the first time I have used it. I'm bummed and stuck driving a G37 sedan. The speed is there but the interior is 1/10 the quality.