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In Reply to: WTB 2 E28 M5 16" OEM wheels posted by ///MZoom on March 21, 2002 at 14:12:46:
This is what I did.
1) Found a shop that fixes wheels for dealers and wheel shops. I did this by calling the company that makes the equipment used to true the wheels. The company I used is in Los Angeles, Lynco in Santa Anna, they where able to hot-dip the wheels to remove the paint and then true the wheels within .015. This costs $30.00 per wheel. They can get them to .006 but it will cost you.
2) Once the wheels are true I took apart the center hubs, painted everything with a nice BMW silver with two coats of clear. I used a touch-up gun which worked nicely.
Since you have only one that is bad I don't know if you want to go through this process. The upside is I only spent $400 aprox to completely redu all four wheels.
Will post pics tomorrow.
Good luck, email me if I can help.
Philo.