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Author of "101 Projects"
Join Date: Jan 1995
Location: Rolling Hills Estates, CA
Posts: 27,056
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It could be from the emergency brake, or just from the springs. I have the same thing on my 325is. Take the e-brake off, and see if it still squeaks. If it does, it's the springs...
You can spray some WD-40 onto the coils (and the base of the coils), and that might help the situation...
-Wayne
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