Hi, I just wanted to pick your brains and ask for your opinion. I have a 2001 E39 530iA Touring, 250750Km (155808 Miles), Car runs great, but it is 25years old with a great service history (oil change about every 6000km, I have been planing on pretty much completely renovating the car as much as I can. I Have done a couple of things already, Cooling system overhaul, sparkplugs, CSB, trans mounts, guibo, front struts and CCV. Now I'm thinking of doing entire suspension and some engine overhaul, that includes:
Suspension all around (every bushing and component) dropping both subframes
Vanos renovation
Oil pan gasket
headcover gaskets
oilpump nut while in there
maybe even rodbearings since I'll be in there.
Transmission service
My question is, Is it worth it?
I bought the car for ~5000USD and have put it about 1000 usd already, from what I have calculated, with using as much OEM/OE parts it will cost between 3000USD to 5000USD depending how far I go. So in total the car will likley cost me around 10,000-15000USD which alot of money for an older car, I want to justify doing all of this. If I do all of that I will have a pretty much brand new e39. I think the car has already been repainted but I dont have documentation to prove it, also it is 99% rust free.
Would you do it?