What to look out for in an E39 5 Series ?

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14 Jan 2005
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Gonna start looking at E39 520 / 523i, preferably in the SE trim this week. Budget is 4k, lower is a little better.

Was wondering if someone had a quick checklist of things that I should look out for on them :) or some decent examples (links off autotrader would be much appreciated :D )

As always, any help appreciated.
 
What sort of budget should I be thinking. I guess I can push to 6k (excluding insurance), but dont really want to go higher than that.
 
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