1998 BMW 7 Series 740iL 4.4L


Well maintained or not... 7 means expensive!


7 means... expensive!

Valve cover gasket has no life span.

Power steering motor goes at 100K.

Belt tensioner goes... so does your cooling system.

General Comments:

Great car... handles well, fast, but it will cost you after 100K.

Would you buy another car from this manufacturer? Yes

Review Date: 13th December, 2010

20th Jan 2012, 20:06

1998 740iL owner since new. Wonderful classic car, until you need a part. Was just charged over $700 to have the glove box lock/handle replaced. This is a two-part piece of plastic that can't cost more than $10 to make. That's how BMW treats their faithful. Abusive.

I'll never buy another BMW.

Jay in NYC.

1998 BMW 7 Series 740iL 4.4L M62 Fuel Injection Engine


Fast, luxurious, but unreliable


Passenger Seat Airbag Sensor - $500

Faulty Front Calipers - $800

Cracked Tail Lights - $200

Fan Clutch - $1000

MAF - $1000

Radiator - $300

Catalytic Converters - $400 (Replaced with After-market)

Oxygen Sensors - $400 (all 4)

Squeaky Moon-roof - not fixed

Missing dash pixels - not fixed

Seats starting to wear out - not fixed

Cracked shifter knob - not fixed

Rear suspension creak - not fixed

Carbon buildup on cylinder heads - quote $8000.

General Comments:

The 1998 BMW 740iL is certainly a sexy head-turning car, it handles amazingly well for a 2.5 ton car and is plush and very comfortable on long trips. VERY SAFE, got rear ended on the highway and it only left a small dent on the bumper while the other car was almost totalled! Incredible rear leg room. Gas mileage for highway is decent, 25mpg on a recent 200 mile trip. City mileage is not so great at 11mpg.

If you're thinking of buying it used, Don't! I've learned not to buy German cars used, if you don't have too much money, lease new! Overall, the repair costs for 2 years is over $12600 and the depreciation is about $5000. Overall running costs: $17600, should have leased a new 5 series or A6 and save the headaches.

However, if you are determined to buy a used 7 series, do your due diligence before buying. Also know that the after-market "extended warranties" are useless because everything is "wear and tear."

If the 7 series had ls400 like reliability, I would recommend it without hesitation. However, it's far from the case, consumer reports rates the 7 series one of the worst used car buys due to reliability. The ls400 or acura RL may not be as sexy, but it sure saves you time/money/and headaches. If you REALLY want sexy, go lease a new Bentley Continental GT for $2500 a month.

Oh, and I still have the car, anybody want it for $7000? NO? Well I don't blame ya.

Would you buy another car from this manufacturer? No

Review Date: 12th April, 2007

14th Apr 2007, 08:24

The reviewer buys a vehicle with high mileage. I would have wanted all maintenance records or would not have bought it. Most of what has gone wrong appears to be normal maintenance and wear items so don't blame the car.

10th May 2007, 12:15

If you pay more than 2-3K for ANY car - have it checked out by professionals, especially when you buy luxury car with high miles and, god forbid, no service history. Yes it will cost you $100-150 but you will feel better knowing that you are making a right decision. There are plenty of BMW mechanics around, you don't need to go to the dealership. By 2007 all common problems in 95-2001 740i's have already been discovered.

Buy 740i if you already have a second car that you use daily. Drive 740i when you are in the mood for some spirited driving or just weekend driving. This is not the car for people on the budget.

1998 BMW 7 Series 740IL 8 cylinder


Feels fun and safe, but this is my last 7 series


It's the small things that drive me crazy!

Drink holders were broken the 1st month.

Lighted letters and numbers go out CONSTANTLY.

General Comments:

This car is a dream to drive. I've always had BMW's because they feel so safe, and this car rates at the top. It is smooth and fast and heavy, yet the brakes are fantastic and can stop on a dime.

Maybe it goes without saying the the 7 series is wickedly expensive to maintain when things go wrong, so I'll not complain about the thousands I've spent on too many things to count between 100,000 and 125,000 miles. As much as it hurt the pocketbook, the repairs were always fixed the first time around and car never felt anything less than totally dependable.

It is however, a big disappointment that the little stuff (the bells and whistles)inside the car doesn't hold up to use at all. The inside equipment breaks at a glance. Cup holders, seat controls, the entire center console as well as those orange lights in the stereo and dashboard just do not pass! This is stuff I've never considered fixing because it is too expensive.

Would you buy another car from this manufacturer? Yes

Review Date: 1st August, 2006

10th Aug 2007, 08:54

Hi! I've got a 1998 740il and this car has 320000miles (320k). These are highway miles. The car runs strong and very quiet; no noise coming out of the engine. I mean, i am suprised that its got so many miles and more to come! I recently did a complete timing ($3100). BUT I LOVE MY B.M.W.