In order to get E39 handling, you'll need to consider the latest 3-series, which is about the same size as the E39.
It is, after all, eleven years old, and will need some TLC in the near future. If you're not up for that, you know what to do.
Sell it, and let a real car nut appreciate the car. Don't advertise it as an M-sport; it's not. Those only came in '03.
Ed in San Jose '97 540i 6 speed aspensilber over aubergine leather. Build date 3/97. Golden Gate Chapter BMW CCA Nr 62319.
Last edited by edjack; 11-17-2012 at 12:42 PM.