Hi,
Hopefully the purchase price was 'suitably' low(er) to help offset the costs of fixing the engine back up nicely and well !
Recently, there's been a few E39's in the UK that have been picked up by proper enthusiasts - just been speaking to one such guy I know very well and he picked his one up a week ago to complement his E60 M5 ! a couple other's I know of have also been picked up recently for 'fantastic' prices seeing as 'most' of the people who want E39 M5's here in the UK reject ones which don't have certain equipment/options!
Pri831 - congrats on the car, and please do update the thread with your findings both for getting everything fixed and your views on the car itself etc
Cheers, Dennis!