This is what I have to read and clear SES light. Can't beat the price and what it can do. Work on my 01 E39, 01 E53, 03 E39 and 06 E53, even my brother 02 Accord and 96 Lexus GS300.
Amazon.com: Autel MaxiScan MS300 CAN Diagnostic Scan Tool for OBDII Vehicles: Automotive

__________________

00 E39 DINAN S1 //M5 (82k miles)
06 E53 DINAN 4.8iS, born 2/18/2006 (126k miles) http://www.xoutpost.com/bmw-sav-foru...s-my-dslr.html
90 Straman Z32 TwinTurbo Convertible, (1 of 44 ever made) 5 speed, 444rwhp/451rwtq
01 360 Novitec Spider F1 (26k miles)