I stole this or maybe it's a re-steal ...........:rolleyes::rolleyes::rolleyes:
Hope this helps;)
Stolen from BMWE30Network:
The best lubricants (& change intervals) for BMW manual gearboxes and differentials
[ Alan Rich :: 01 Jan 2000 ]
It's common knowledge that BMW's have special needs for the oil used in the manual gearboxes. Most of us know that you can't just go down to the local autoparts store and buy gear-oil off the shelf that's compatible with your BMW. There are a few gear-oils that are OK for your BMW, but to simplify this issue as, let's go directly to the best solution:
Since you should be using a premium synthetic gear-oil, Redline makes one that is appropriate for your BMW. Virtually all of us who race BMW's use Redline gear-oil in our gearboxes and differentials. Why? A premium synthetic gear-oil will make the parts inside your gearbox and differential last longer. Reduced "hydraulic drag" will allow more of your engine's horsepower to get from your engine to the rear wheels. Synthetic gear-oils themselves last much longer than conventional oils, so you can reduce maintenance.
BUT WAIT... it's not that simple. Which type to use? In the gearbox (manual transmission), some BMW's made between 1986 and 1992 had "labeled" gearboxes with a red or green label on the passenger side of the bellhousing. These had 17mm EXTERNAL wrenching oil plugs. If the label is green, use Redline MT90. If the label is red, use Redline D4 ATF. If there was no label, the gearbox will have 17mm INTERNAL wrench oil plugs, and should use Redline MTL GL-4 70W-80.
Virtually all BMW manual gearboxes used before 1986 should use the same Redline MTL GL-4 70W-80 as you would use in the no-label / internal plug 1986-1992 gearboxes.
For BMW's 1993 and newer, Redline recommends D4 ATF for all gearboxes, manual OR automatic.
It's much simpler for your differential. ALL BMW differentials use Redline 75W-90 Gearoil. This is ideal for open or factory limited-slip units, as well as the torque-sensing type if you are lucky enough to have one of those.
How often to change it?
In racing, back in the days when people used non-synthetic gear-oils, the useful life of gear-oil in the gearbox and differential under summer racing conditions was just a few hundred miles, or just a few hours. Synthetics now can go an entire racing season, so racer's just make changing them part of the off-season winter maintenance, just once a year.
For your street car, you could probably get away with never changing a synthetic, although I certainly would recommend doing it at least every two or three years for the best longevity of the gearbox and differential.
Alan Rich