Hi Everyone,
So I wanted to detail out first what the situation is so that I can get some tailored advice - if there is any about my situation. I recently purchased (last few weeks) a 2007 530i, I had it pre-checked by a local foreign car's specialist in South Dakota.
They said that it needed the new oil filter gasket, oil filter cap and gasket, and that the oil pan or oil pan gasket was leaking. I asked straight out, is this going to be a problem car, is it worth buying, "Oh we didn't see anything that would scare us away, it looks great and if you can get it for a reasonable price it would be worth it." I went online and looked up the issues and determined that I could do them without dropping the $2,000 they wanted.
Bring it home and park it outside, start opening things to clean and inspect. The coolant is entirely empty save for what is in the little plastic crevices. I decide not to operate it because
#1 I knew the Serpentine belt was soaked in oil and had read that it can get sucked into the engine,
#2 I didn't know why all my coolant was gone. I have a family friend who is a mechanic come over - he shows me along the side of the engine near the head gasket there is a giant puddle of coolant and streaks of coolant coming down the side of the head.
I have to pay out of pocket to get it to another garage which pressure checks it and confirms head gasket failure.
I have a young family (had our first baby this year after 7 years of being married - Wooo!
) and I make my money from fighting fire in the summer. We go through the winter and save as much as we can. I can't burn all our money at once on this project - I certainly can't justify burning cash at a mechanic's shop. My goal is to spend at most $3,000 but we can go over if necessary to get this car working. It's going to be a huge learning curve and I have no experience working on cars. What I am here to ask anyone who is kind enough to help me through this process.
#1. After the first shop tried blaming the previous seller for potentially using head sealant, me for driving it erratically (I drove it home and parked it...), and claiming there is not any possible way to see a head gasket failure or identify one, the service manager informed me that any head gasket failure on an N52 wasn't really worth trying to fix as most commonly the gasket tear equaled catastrophic failure of the head and threads. He said that the threads on most all engines are stripped and more than likely the head was warped. I want to know how valid this is regarding these engines -
I. I know it is possible, how likely is it? Do most N52 head gaskets equal being trashed?
II. Should I attempt to remove the head and take it to the local machine shop or simply get a new engine (I know the benefits of a new engine, but I really would prefer to save as much as I can for now). If this is the only real option, can anyone help me locate a newish engine? All I have found are 100k plus and selling for $2,000 - $3,000. If possible also with a warranty against the engine?
#2. I currently have the Bentley Manual and have been watching any and all videos I can. What I am trying to inventory currently is what is the best tools I can get for the money to work on this car. I am fine with investing within the budget on good tools so I can make this car last and also make working on cars into a hobby (who knows, maybe I will make it a profession one day?) Anyways - what is a complete list of tools if anyone is willing to chime in that would allow me to do most any repairs? Ratchets, jacks, oil pans, etc... Anything you can think of, I am certainly not an expert.
#3. Is this a good place to get advice to learn this? Is there anyone who is willing to talk with me about this process and guide me in the right direction to make this happen? I am working on making a plan of action but with my limited knowledge and lack of experience here, it would be helpful to get some knowledgeable input.
My wife and I have looked around and there was not a better car locally for the price, even with all the issues. We really want to make this work and keep it running - I had a Bronco before that failed and we both regret not having the opportunity to fix it and keep it going. I want to take the time and make this work, even if it's a big time and somewhat of a money investment.
Also if anyone is interested, I intend to document my learning process and the repair process.
Thanks for taking the time to read this and provide any advice or input. I really do appreciate it!
Edit: I also found the sticky post and I am reading through that and the e60 pdf.
So I wanted to detail out first what the situation is so that I can get some tailored advice - if there is any about my situation. I recently purchased (last few weeks) a 2007 530i, I had it pre-checked by a local foreign car's specialist in South Dakota.
They said that it needed the new oil filter gasket, oil filter cap and gasket, and that the oil pan or oil pan gasket was leaking. I asked straight out, is this going to be a problem car, is it worth buying, "Oh we didn't see anything that would scare us away, it looks great and if you can get it for a reasonable price it would be worth it." I went online and looked up the issues and determined that I could do them without dropping the $2,000 they wanted.
Bring it home and park it outside, start opening things to clean and inspect. The coolant is entirely empty save for what is in the little plastic crevices. I decide not to operate it because
#1 I knew the Serpentine belt was soaked in oil and had read that it can get sucked into the engine,
#2 I didn't know why all my coolant was gone. I have a family friend who is a mechanic come over - he shows me along the side of the engine near the head gasket there is a giant puddle of coolant and streaks of coolant coming down the side of the head.
I have to pay out of pocket to get it to another garage which pressure checks it and confirms head gasket failure.
I have a young family (had our first baby this year after 7 years of being married - Wooo!

#1. After the first shop tried blaming the previous seller for potentially using head sealant, me for driving it erratically (I drove it home and parked it...), and claiming there is not any possible way to see a head gasket failure or identify one, the service manager informed me that any head gasket failure on an N52 wasn't really worth trying to fix as most commonly the gasket tear equaled catastrophic failure of the head and threads. He said that the threads on most all engines are stripped and more than likely the head was warped. I want to know how valid this is regarding these engines -
I. I know it is possible, how likely is it? Do most N52 head gaskets equal being trashed?
II. Should I attempt to remove the head and take it to the local machine shop or simply get a new engine (I know the benefits of a new engine, but I really would prefer to save as much as I can for now). If this is the only real option, can anyone help me locate a newish engine? All I have found are 100k plus and selling for $2,000 - $3,000. If possible also with a warranty against the engine?
#2. I currently have the Bentley Manual and have been watching any and all videos I can. What I am trying to inventory currently is what is the best tools I can get for the money to work on this car. I am fine with investing within the budget on good tools so I can make this car last and also make working on cars into a hobby (who knows, maybe I will make it a profession one day?) Anyways - what is a complete list of tools if anyone is willing to chime in that would allow me to do most any repairs? Ratchets, jacks, oil pans, etc... Anything you can think of, I am certainly not an expert.
#3. Is this a good place to get advice to learn this? Is there anyone who is willing to talk with me about this process and guide me in the right direction to make this happen? I am working on making a plan of action but with my limited knowledge and lack of experience here, it would be helpful to get some knowledgeable input.
My wife and I have looked around and there was not a better car locally for the price, even with all the issues. We really want to make this work and keep it running - I had a Bronco before that failed and we both regret not having the opportunity to fix it and keep it going. I want to take the time and make this work, even if it's a big time and somewhat of a money investment.
Also if anyone is interested, I intend to document my learning process and the repair process.
Thanks for taking the time to read this and provide any advice or input. I really do appreciate it!
Edit: I also found the sticky post and I am reading through that and the e60 pdf.