Thanks everyone for your help and useful links. Due to my busy schedule, I had the dealer do fix the lug. Surprisingly it wasn't too much at all. Labor + part (lug nut and bolt) was ONLY $118. While I was there, I asked him to reset my TMPS as well. Since it takes ONLY 5 minutes, I asked him if he would do it for $25. He agreed.
Unfortunately, the system (computer that they use to reset the TMPS) was down. So they couldn't do it that day.
Today, I go back to the dealer for the reset. I bring my car into the service area (open area in front of service desk instead of the back area where they have lifts and stuff). So, I simply stood there and saw the whole thing which was pretty cool.
Basically first they connect this small OBD ll device (connector with a wireless tail) into the OBD ll connector. Turn the car on to ACC ll mode (before ignition) Then, they turn on this small netbook type PC. I think once all four tmps are recognized in the PC, they take a small wireless device (4"x 4") close to the valve stem and hold it for 5 seconds. The hazard flashed confirming that it's reset
. He did this on all 4 wheels. This whole TPMS Reset process (from start to finish) takes about 5-7 minutes.
So, when everything is all done, they guy (tech) gives me the key and say, "Here's your key. You're all set and good to go". So, I thought he meant I'm good to go and now I should pay at the counter. But in reality, he meant "I'm all done. He wouldn't take any money from me" . I think that was pretty awesome. Probably the nicest thing any dealer ever did for me. I felt really bad I couldn't tip him. He simply gave me the keys and disappeared. I couldn't find him again.
So, this shows how simple and quick this procedure (TPMS reset) really is. If your dealer charges more than $50 (some members even reported $110
), maybe it's time you go to another dealer