When I bought my last 535, the door panels were delaminating badly and I made templates of the leather inserts from the old ones and covered them with an alcantra-like material. I also covered the console shift surround and had some black sheepskin BMW Seat Vests. With black floormats, it looked very good to my eye and I never got any complaints. I think you are doing fine.
It is YOUR car after all and it is there for you to enjoy.
Mike Holbrook
Meridian, Idaho
1992 535im, 17", Euro M5 Throwing Stars 8's & 9's, FK-451 235/45s & 255/40s, M5 Sway Bars 25/20, Conforti chip, Lowes Ram Air, glass sunroof