just as I suspected
you dont have a valance, its gone, someone wacked it off
its not that big of a nghtmare, and I just sold a red one and a white one, so they are available. its about a 2 hour job, wiht one in hand, double the time, if you have to go pull one from the wrecking yard
or go with a nice aftermarket one
however, wht else is wrong , your probabally missing the brake ducts ( that go from the brake scoop in the valance to the fender splash), the temp sender, and of course fogs, do you have a fog switch next to yoru hedlight, if so, then you had fogs to begin with , rarely see a vert witho ut them
so buy a red one, and you will look good in one night
so if you want, spend some time, look at the front fenders and hood, they should have bmw stickers on them with numbers thta match the vin number of the car. ON the hood, its by the back roller, pass side, on the fenders, they are on top , where the fenders bolt on, in the vacinity ( in line with the afm, and the washer bottle), . if they are missing or say DOT and not the vin numbers, they are replacemnet, and the car has had more done to it then you were told, thus the wacking of the valance