Brand new X1 Carbon - big issue - screen corruption in BIOS/boot, constant rebooting and BSOD

Question

Hi all,
I got a new X1 Carbon mid March and am now having pretty severe problems with it. It first started a few days ago with this within Windows:
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I rebooted it and it came good. Now today, it did it again so I rebooted it and it started not being able to boot. It would get to the first Lenovo screen where it says 'Press enter to interrupt normal startup' the screen would go corrupted and it'd reboot.
So I went into the BIOS to run Lenovo Diagnostics and whenever I press enter on Lenovo Diagnostics it just reboots again. Sometimes when it reboots, the green light on the power button flashes a few times, the keyboard flashes and then it all goes dark and does that for 5-10 times before booting.
Now most times (say 19/20 times) it tries to boot, it does 'Preparing automatic repair' but it is frozen and as you can see below it is broken:
Click to see larger
Out of the 1 of 20 times it manages to get into Windows, I get:
Click to see larger
In terms of specs, this is the highest end X1 Carbon with the i7, 2580x1440 touch screen, 8gb RAM and 512gb ssd if that helps at all?
The model# specifically is: 20A7-A008AU with a S/N of R9-009TXX (last 2 digits truncated).
All I have done so far is managed to update the BIOS before it crashed again. It has the latest version now from the Lenovo website, mid-March build I think. The drivers etc are all standard but it wouldn't be driver related as the reboot/corruption etc happens before Windows as well. I presume the 'preparing automatic repair' is a Windows function, but the same symptoms happen within the BIOS etc. I haven't got a photo of that as it reboots before I have the chance to snap a pic.
I've lodged a job with IBM (for some reason it redirects to IBM when you go to lodge a service call, is this normal?) but am hoping someone else knows of a quicker fix for me because it's difficult for me to be without a laptop due to my work.
If this is a replace job -- which I imagine it is as it seems to be hardware related to me, how often does that typically take in Australia?
Edit: Resized images to keep total under 50kb as per moderator request

Answer 1

I just got told that I have to wait 72 hours before I can lodged the claim because that is how long it takes to reflect that I upgraded the warranty. Even though I only bought the laptop brand new 3 weeks ago!
What a waste of $334 to extend the warranty this morning. Be warned all that if you upgrade it for the hope for a quicker fix you have to wait 72 hours for Lenovo to know you upgraded the warranty to next day onsite fix despite having the invoice etc for it and they won't even lodge a normal warranty claim because there is a new one coming!
I asked for a service number and got told I can't have one because they won't lodge the claim until the warranty database is updated! 3 week old laptop. Sometimes I wish I got a Mac so I could just go into the Apple Store and swap it there on the spot.