Reviewed August of 2016. If you're a Honda-kinda-guy - forget it. This is what the Brits call "a motor". I bought the car for $7000 in August of 2011. It had some minor and some moderate ones to take care of - specifically the idler arms, new disks, brakes and the front struts needed replaced. I found out that it is best to get an OLDER independent that would buy the parts and work for a very reasonable hourly rate. Stay away from the dealers. My total cost in parts and labor was ~$3000 I used to have a 1991 735i for about 10 years - mechanically it was very good, but the electronics started to die at 250,000 miles so I gave it away to Habitat for Humanity. The 1991 735i was a good car. But going from a 735i to a 740il is like going from a biplane to Boeing 777. Recently,I drove it for almost 1000 interstate miles and the only problem was that I got tired and had to stop at a hotel to sleep. I once looked down at the speedometer and I was doing 125 miles per hour. The car is closing in on 20 years of age and is a keeper. 5 years later, just regular maintenance. Please do yourself a favor, by-pass the new junk.
I recently bought a 1997 Bmw 740iL Luxury Sedan with 154,000 original miles. I bought it for $1,500 and all it needed was a hood latch. Then I finished it off with fifteen inch chrome and black wheels and a premium navigation system. The power is amazing and it has all the options to make it considered a luxury vehicle. It is simply five out of five stars.
This is the only car I have ever owned that literally falls apart before your eyes. BMW should be ashamed to put such a poor quality car on the market. It's only redeeming quality is that it looks good. The list of things wrong with my car are incredible for a car that has just over 100k on it BMW shame on you.
sunroof and sound system
Air conditioner, trans, suspension. Etc, etc, etc. Ad nauseum.
We bought the car used and had to sink some money into it right off the bat, for items not covered by the seller's warranty. Wondered about the choice for the first year. Then the car settled down and we've had routine maintenance since. It's a joy to drive, city or highway, and it's a joy for passengers. If you don't keep up with routine maintenance, and replace things at the first sign of trouble, expect to sink a lot of money into repairs. We do routine maintenance, and change the oil frequently, and we've been very satisfied. We plan to run the car for ten more years at least.
Adjustable, programmable driver's seat. The sound system is a marvel. And room, room, room.
Had to replace driver's console -- that was a bummer. The electrical system seems a little shaky sometimes - - lights burn out awfully quickly. Would be nice if the CDs were in the cabin, not the trunk, for changing CDs while driving.