congratulations.
I have a '95 525ia touring that I bought in August. 125,000 miles
It was not used much the year before I bought it.
I think that contributed to alot of the things I have had to do.
I hope you have another car to use while you spend time fixing this one.
Don't get me wrong I really love my car, but after 100,000 there are things that will need attention.
Check out the bmwe34.net
http://www.bmwe34.net/e34main/troubl...will_break.htm
I have been surprised that these are relatively easy cars to work on repair info is also available online and sometimes the pics and directions are better than bentley's. again look at bmwe34.net and also
http://www.pelicanparts.com/bmw/tech.../tech_main.htm
So far, I have had to replace the water pump, change the coolant, replace the coolant tank and replace the fan shroud.
I have replaced the valve cover gasket, oil was slowly leaking down the head.
Seeking to stay on top of future problems I replaced the thrust arms and changed the ATF filter and fluid.
In addition I have replaced all filters including
fuel, air, cabin air, oil, and transmission.
Just when I thought i would have a few weeks of smooth sailing it wouldn't start. It turned over but failed to start. First thinking it was electrical I changed the spark plugs. But it turns out it was the fuel pump I am currently waiting for the part to come.
One great thing about the e34 is that parts are available reasonably priced online. And most places if you spend more than $50 shipping is free. The longest I have had to wait has been 3 days. I do have another car to use when my bmw is down.
Good luck.
By the way I am in NJ near philly. Where are you?