New Owner and issues

[Popeye]

Having owned a BMW (in europe) wanted another for ages. Finally the finances alowed it and i got myself a 1996 318Ti (not really sure if it is a Base/Active or Sports) with 155000 KMs. It does have cruise but no OBC (just a clock). I did check the car to the best of my ability but my ability seems to have let me down.

In the first week i have had to change the front main seal, Gasket below the Oil filter, 2 'O' rings, thermostat unit and of course just to be on the safe side Plugs, Oil change and Air filter. The Engine light just came on and the code points to a "Cam Positioning sensor". My research shows me that 2 gaskets need changing when changing the 'Cam Positioning sensor'. On line i have found this part named as the 'Cam Speed sensor', not sure if this is the same part.

I feel that the water pump might be the next to go as it is 'squeaking' and the "CAT" seems to be dodgy.

However, i do like the ride and am hoping NOT to 'cut my loses' at this moment in time even though i am way over budget.