This is a NEW underbody engine tray for an E39 5-Series BMW (1997-2003).
Part number is 51718159981.
OEM retails for $219 plus tax (#19)
http://www.realoem.com/bmw/showparts.do?model=DE53&mospid=47588&btnr=51_2427&hg=51&fg=75&hl=78
I paid $125 plus shipping of $33.
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