Post a NEW picture(s) of your E61
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There is a very slight rub at the front left only against the plastic liner at 9 o'clock when the steering wheel is turned right about 30%. This plastic section is not backed by anything solid so it flexes away and is not enough to really even wear through. I doesn't even touch in the same spot for the right front tire.
As your stock front ET is 43 on 18x8 inch, and the M3 wheels have ET 29 (+14 mm) and are 0.5 inch wider (18x8.5) (0.25 inch or 6 mm more on each side), I presume on your car the outer edge of the wheel sticks out 20(=14+6) mm more than stock? Which equals a 20 mm spacer?
As I have a 5 mm spacer on a non-xi car, I presume on mine the tyres won't rub..
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Joined: Jun 2003
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From: Turku, Finland
My Ride: 2005 BMW 530d M-Sport TouringExterior: Titansilber Metallic, M5 mirrors, ACS rear roof spoiler, BMW Carbon Fiber rear diffuser, Adaptive Xenon headlights, AngeliBright v.3 Angel Eyes, F1 Autohaus Euphoria 6000K LED license plate lightsInterior: Black
Looking good Jyrki! 
Nice ride Jyrki....gotta love..
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Joined: Sep 2010
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From: Netherlands
My Ride: BMW E61 530d 2005 M sport, individual, shadow line
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Joined: Apr 2008
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From: UK
My Ride: 2005 E61 525d M-Sport, Titanium Silver, Black Dakota Leather, Media Pack, Sun Protection Glass, M6 Staggered Alloys, ACS Rear Diffuser, EBC Green Stuff Brake Pads, I-Pod Interface. Rear Aux Power DIY, LCI Rear Lights, Extended interior lights - doors and footwells, LED licence plate lights.
The AC Schnizer parts are very expensive, I was lucky and picked mine up off e-bay in the right colour too so it was a straight swap for the standard item.