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new owner - all of us have been there
I am new here, but not to e39s. I will try to help you get started in getting you ride in-shape. First a few suggestions:
-If you are going to keep this great car, you will need a basic set of metric tools and a Bentleys Manual.
-If you need a shop to fix the car, you will go broke.
- Buy all parts (OEM or genuine) online from reputable sponsors (PM for some good ones)
- Autozone will scan your car for free and report trouble codes. Write them down and do a search of the numbers to begin diagnosing each problem.
The triangle indicates a problem with your ASC (DSC in my model). You also likely have the brake light for worn brakes. The loose part may be a wheel or a brake sensor. If brake sensor, it cannot be turned off. Its indicating new pads and or rotors are needed. A new sensor must be installed when brakes are done (IF the light has turned on).
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