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E38 transmission fluid change . Yes change it it already! Forget what they say the fluid is not inferior and will burn. I changed mine with the right fluid and the right filter and it runs like a raped Ape. also on the E38 740il the power steering fluid and filter yes filter if you have a reservior with the mesh strainer you should have a round filter in the bottom change with new filter and petostion #11 fluid your power steering and power break booster will work and last a long time. Douch your cars guy and girls