How unfortunate! i don't plan to be committed to this car for longer than 1.5 to 2 years. Spending that kind of coin on a car that already has 230k and is far from an example of a perfect e39 seems little crazy. Maybe I can get it off the owner for less if I point these issues out but I somehow doubt it.
What's your take on buying old e39 V8s then, fil? If it ain't a perfect one that you want to keep, stay away? With an entrance price tag of no less than 1 k on the car for reliability, I'm not so much scared for my wallet as I am concerned as to whether this is a good way of spending my money. Hmm.