Hi Everyone,
I an '97 E36 M3 and seemingly can't a . Last , decided not to shut down after I turned the key to OFF position and then the key would not move again. BMW dealership quoted a $700 repair, but since I just started working after a long unemployment, my mechanic was able to come up with a work-around and I am using a screw-driver to start/shut-down the car.
Then yesterday, driving the car home, I stopped for gas, only to notice the steam/smoke coming out of the engine bay. I looked under the car to find a huge pool of coolant. Drove the car slowly back home and had it towed to an auto-shop this morning. The mechanic says that there is a hole in the timing cover and estimates around 12 hour of labor + parts (> $1K) and says that the repair might not be worthwhile based on the age of the car. He is thinking that he might use some putty/silicone to plug the hole as a work-around (cost = $200), but can't guarantee that it will work. But a BMW service guy thinks that a hole in timing case would cause the oil to leak and not the coolant. The expansion case is also not cracked.
I really love the car despite the recent car troubles and would rather keep the car. Could someone advise me what the real problem might be and would it take to do the job myself? This would be my first foray into fixing cars (apart from having replaced an alternator in a Geo Prizm). What tools would I need? What parts should I have handy - the car has slightly less than 70K miles?
Thanks.