The belt tensioner maintains the correct tightness on the belt even as it ages and becomes longer. It self-adjusts so that engine accessories - water pump, alternator, power steering, A/C compressor - are always working within spec. The tensioner will need to be replaced if it can no longer adjust the belt on its own.
This tensioner is used twice on M60 and M62 V8 engines - for the main drive belt and the A/C compressor. Order 2 if you're replacing both tensioners and belts.
This is a Genuine BMW M62 belt tensioner with a two year warranty. Buying a Genuine part will usually be more expensive than an OEM or aftermarket brand but you are assured that it meets BMW's designs for fitment, performance, and longevity. It will also be the very latest design, incorporating any updates or revisions that an aftermarket brand typically will ignore.
BMW Fitments:
5 Series
E34 (89-95) > 530i
E34 (89-95) > 540i
5 Series
E39 (97-03) > 540i
7 Series
E32 (88-94) > 740i
E32 (88-94) > 740iL
7 Series
E38 (95-01) > 740i
E38 (95-01) > 740iL
8 Series
E31 (91-97) > 840Ci