Dont worry about the Brake Lining and Coolant, i have the same thing. All it is, a Sensor, whicjh costs about $10, but no need to replace it. How much did you pay for the car, and do you have any pics of it.

Andrej
'85 325E

Andrej: Thanks for writing. No pics yet. I'm in New Hampshire. There's snow, and SALT, on the ground and I can't keep it clean. Waiting for spring!!!
I love this car!!! Original wheels, red, spoiler on back, air shroud, (or something:what's it called?) around sun-roof. 170,000 miles, paid $3500. Clutch feels real good, solid front suspension and the engine purrs. As a matter of fact, with the radio on I can't hear the engine. I spend a lot of time watching the tach for shifting. How long have you had yours?

I just bought a 1986 325es and I'm loving it. Couple of little annoyances, but nothing I can't live with: (brake light on dash was lit...mechanic said it was because of aftermarket pads? True? Coolant light on but resevoir is full, and system seems to work fine.)
Anyway, I'm tired of doom-sayers out there warning me what a nightmare I bought into...gonna cost you a fortune, repairs are outrageous, na na na. Thought I'd come here for support, and occassional tech help.
Now, as soon as I get the hood release cable replaced..