Thanks guys,
I am going to start by stripping the BMW and storing what I may need and putting the rest on ebay. I figured the car is probably worth more as bit than it is as a complete car anyway.
Meanwhile I will draw up the book chassis in inventor and then try and get the BMW parts in inventor somehow. This will give me something to play with.
Oh, and I am also trying to learn to mig weld so I could be busy.