Clean 4.8is on BaT, but "An invoice shown in the gallery below notes an electric draw and that the differential output seals are leaking. The seller reports smoke coming from the exhaust." followed by "The 4×4 warning light is illuminated, and the seller believes that the transfer case is inoperative due to a faulty transfer case actuator gear."
uhhhh maybe not.
https://bringatrailer.com/listing/20...omments-anchor
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2001 E53 M54 5MT Oxford green over crusty black leather 206,000mi
2002 E46 M54 2.5 5MT silver over black sensatec 217,000mi