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You didn't mention insurance, do you have any, if so I can tell you they will total it, too old, too many miles. If you're determined to keep it, it ain't gonna be cheap to fix it, even buying salvage parts. Just sell it for parts and find yourself another one, there's no shortage of E53s for sale, most people with good sense (none of us here...lol!) are getting rid of them as they're becoming a pain in the ass to maintain as they age.
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2002 X5 4.6is
1999 C5 Corvette
1992 Mitsubishi 3000GT VR-4
1994 Kawasaki ZX-9R
2005 Mazda 6 Wagon (Wife's)
1991 Mitsubishi 3000GT VR-4
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