any decent brand name socket set should suffice, get yourself both 6 & 12 point sockets. Also get a set of 1/2 drive metrics. Some NEW screwdrivers, not the old stuff with worn phillips ends, good wrench set, a couple C clamps for brakes, ramps, and a GOOD torque wrench (Kobalt from homo Depot). As for a decent jack thats still being debated...or did I miss the outcome? Should pickup an electronic voltmeter for trouble shooting too.
95 E34 530I V2.37
===========
Those who make peaceful revolution impossible will make violent revolution inevitable.
John F. Kennedy