E39 IN: 1999 540i 6 speed sport pkg

1999 540i
6 speed
Sienna Red
Sandbeige interior
Sport package
185k
located in Bloomington, IN
$6950 - make offer.




I am the 4th owner. The 2nd owner purchased the car with 60k from a dealer in Cincinnati and I have pretty good history of the car since that time. The 3rd owner is a personal friend and he owned the car for a few months before I purchased it from him in 2011 with 167k. Car is in good shape mechanically and cosmetically - paint looks good, carpet and leather look good. Very few dash or cluster pixels out. Factory front cup holders in place. Paint has chips on hood. Windshield appears to be original and has a few chips - no cracks. Maintenance and part replacement have been completed as needed in an attempt to preserve the car.

Since I have owned it:
Replaced tires 11/11 – Yokohama Advan S.4. (one rear tire replaced 1/13 due to puncture on road)
Replaced alternator
Replaced front sway bar links 12/11
Replaced front lower control arms 4/12
Replaced center link 4/12
Replaced rear upper control arms and guide links 2/2013
Fresh alignment 2/2013
Replaced rear pads and rotors 11/11 - Pagid Red pads
Replaced exterior air temp sensor 10/11
Replaced front bumper, new paint (lower faring cracked upon purchase) 11/11
Replaced 1 set of headlight adjusters 4/12
New interior C pillar panels 9/12
Replaced valve cover gaskets 2/2012
Replaced steering reservoir and lines 2/2013
Replaced coolant expansion reservoir
New hood badge 3/2013

3rd owner:
Electric thermostat
Fan clutch

2nd owner:
Clutch/trans/diff oil changed at 90k 6-1-07 royal purple 75w 90 or 140
front lower control arm Powerflex urethane bushings inst 9-08 123k
ABS brain from ATE in TN was replaced 3-11
Brake fluid replaced 7-07 with ATE synthetic clear I believe.
Brake pads Fr 10
Valley pan gasket, valve cover gaskets, and NGK BKR6EQUP 122000mi 7-09
Radiator changed 8-09
Thermostat/Water pump and belt 6-10
Rad hoses 2-06
Oil separator on back of intake/plenum (forgot name) 10-08
Recirculate pump for "rest" button 5-06
Battery was replaced 11-10
Wheels refinished - look very good
I was told he replaced speakers with Infinity speakers - have not visually verified this. Does have subwoofer in trunk, mounted to underside of rear deck (see pic below). Has amp in place of 6-disc changer.

Current issues:
Oil leak at valve covers. You can see above that I had the gaskets replaced, but oil is still leaking. Not leaking enough to notice change on dipstick during 5k mile oil change intervals. Covers will likely need to be cleaned and painted or replaced.
Small rust bubbles inside gas fill door - have not broken
Small rust bubble on very front edge of driver rocker panel - has not broken
Airbag light on
Rear cup holders are gone

Alternator was replaced 1/2012.

Nice car and a blast to drive. Selling to downsize # of vehicles. I think about changing my mind every time I get behind the wheel, but it needs to go.

Price reduction to $6450 - make offer.

Still available - make offer.

Car is still for sale. Advertising locally but would prefer this car goes to someone who will take care of it.