I've owned my E3 for around twelve years now and there had always been a few bubbles in the paint, not bad but enough to annoy me every time I looked at it. The car was painted some time in the late 90's and had new front wings and a good used bonnet fitted but is otherwise original. I could have just had the suspect areas repaired and repainted but I would never have been happy with this, especially as I don't know how good the prep' was for the previous respray so I've opted for a full bare metal respray to ensure any other issues are found and treated accordingly. The paint is being mechanically removed not blasted, all trim and glass is removed for this. Underneath the floor pan is excellent having been wax treated from new. So far all that has been found is a hole on the bonnet front edge (there are other visible repairs to the bonnet but these are still ok) and some holes in the front passenger door, pretty much where the paint was bubbling, so hopefully that will be the extent of the corrosion which is far better than I ever expected given how badly these rust, especially for a UK car.
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