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E46General discussion and technical help for 1999-2004 3 series cars.
I don't know if camshaft position sensors go bad progressively, or if they are either good or bad. That would be the first thing to look at. Check the wiring or even have it replaced. I can see more than one code going away after you resolve the CPS issue.
^^ That's not an uncommon stance to take in other countries, especially ones in which labor is not very expensive. However, at around $80 to $90 an hour for dealership labor (which they inflate the actual labor figures -- why would it take 30 minutes to change a light bulb!?), we preach that going to the stealer should be considered the last resort.