I love driving my E38 ('98 740iL) but it always seems to have something wrong with it, whether big or little. The reliability is not one of its strong points.
On the other hand I bought it five years ago for just $3600 with 133k miles... so I'm willing to turn wrenches and put a couple grand into it over the years.
But I would have had serious misgivings if I'd known about the timing chain guide problem with M62's... now at 163k miles and someday the rattles will start. $700 in parts and 22 book hours to change I'd gladly sacrifice a few hp for a bulletproof M60.
'98 740iL E38 201k, TCG at 190k, 5HP24 at 195k
'97 540i/6 E39 Dinan blower & stage 1 suspension 114k
'93 525i E34 "Golf Ball" (hail damaged) 334k
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