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This happened to me in August literally 1 week after buying it. It turns out the ABS module heats up while driving and eventually faults. I got on Ebay and bought a $100 "fix my ABS module" auction and I removed(2+ hours to get at the thing) the ABS module and shipped it down to somewhere outside of LA. 1 week later they returned the module and I haven't had a problem since. Every situation is different... Good luck!
This is a pretty common issue with E39/E53 cars, do some forum searching to help you out
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03 4.6is | 2000 Mcoupe | 2001 E46
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