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      12-22-2012, 09:39 PM   #2
mlifxs
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Drives: Jet Black 2007 328i Saloon
Join Date: Nov 2007
Location: Florida

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looks like eccentric shaft sensor. If you pull the plug from the sensor, is the plug connector (the metal connector teeth) covered with oil?

Here's a DIY describing the issue and fix, (if the sensor is the problem)

http://www.e90post.com/forums/showthread.php?t=697252