Burning Smell or Oil Drips on the Ground Due to Engine Oil Leak on BMW 530i

Problem Description and Possible Solution

Valve cover gasket leaks are common after 60,000 miles. Symptoms will include oil drips under the vehicle and burning oil smell from the engine compartment.

Problem Data
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Average mileage: 99,949 (7,000–250,000)
7 model years affected: 2001, 2002, 2003, 2004, more2005, 2006, 2007
109 people reported this problem
Viewing 1 - 20 of 48 comments
I have a very small oil leak from what appears to be the bottom of the engine, I cannot see any oil leak from the top. You do get a light oil burning smell from the engine when you push the engine but only from outside the car. Anyone know what the problem might be?

Look forward to your help and advice
oil leak around valve cover drips on manifold causing strong burning oil smell. i would like to know how hard it would be to replace myself.
Oil leaking at rear of valve cover onto rear exhaust manifold. Also found exhaust manifold gasket broken. The dealer wants $1200 to replace bothe gasket sets. I'm going to attempt to replace myself and save $1100.
Oil leaking from under the engine. Replaced valve cover gasket.
leaking oil on the ground
Oil leak under engine on the garage floor, no smell.
im a mechanic, this is the boss man car. i replaced the gasket, Felpro-vs50626-r on 1/6/10,162xxx miles, im replacing it today, 11/15/10, 180764 miles,yes,he racks up the miles.the oil seems to be getting out between the rubber gasket and the plastic v/cover, not from under the gasket and aluminum head. im going see if he will spring for a new v/ "old school", i like STEEL.
oil smell and drops of oil on the ground under car.
I had the same problem. Had to replace the gasket. cost $600
Burned oil smell due to power steering fluid leak at the hose and engine oil at valve cover.
Replaced valve cover gasket, replaced power steering. hose, replace power steering cap o-ring.
buring smell smoke
Changed the valve cover gasket to find the valve cover was broken. After I replaced everything the smell went away.
cars was leaking oil from the oil filter housing and I toke it to the mechanic shop it cost me around 1500 for just the leaks
Burning oil smell shortly after turning on car. dealer has detected oil leak.
Smelled burnt oil, looked for a solution. Went to replaced valve cover gasket and I also found a crack in the valve cover.
Oil leak with visible drips on concrete garage floor, oil residue and build up around oil pump, constant smell of burning oil. Took it to dealer, replaced all seals and gaskets. After 2 weeks, the problem is back so I'm taking the 2002 BMW 530i back to the dealer today!!
Leaks coming from the top of engine, can't exactly pinpoint it, but I have looked everywhere online and seen that a lot of people have the same thing wrong.
Oil leaks from the bottom of the car
Oil leaks from valve cover and the smell enter the cabin. My asthma became chonic becasue fo the toxic fumes.
I have an oil pan leak and a valve gasket leak. Looks like a pretty simple fix for the mechanically inclined.