I used, successfully, the 3M kit [the one you use with a power drill/driver or orbital]. Takes time, but great result. I protected the repaired finish with the thick custom cut plastic stick-ons from Weathertech? Spendy but hold up well.

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2006 X5 3.0 6-spd w/Evo UUC ssk
sport/premium pkgs
born Valentine's Day, 2006.