Starter for 1987 BMW 325e question...

the little lites are oil indecators yellow getting close to a change time red past due

Check on an E30 or BMW forums under E30 chassis model or just buy a R. Bentley service manual. You may try Pelican Parts Technical for write ups. The green lights mean how much life left on the oil before change. I believe the red is for engine service. You can either use a Peak tool to reset the lights or you can use a wire or paper clip and you ground two pins together in the round diagnostic plug in the engine bay. I forget which number pins, maybe 7 and 19, but you'll have to search on the net for specific info. Typically you ground the two pins, then turn the key to position 2 (do not start) for ten seconds to reset the oil light and any longer will reset the engine service light.

I found the site with more info : http://www.unofficialbmw.com/repair_faqs/sil.html