1998 BMW 7 Series Review
Price Estimate: $1,108 - $1,797





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Edmunds' Expert Review
by the Edmunds Experts
Pros
- Beautiful, powerful, and luxurious, this is the car we are going to buy when we strike it rich.
Cons
- We haven't struck it rich, so we can't afford its high price tag.
What’s new
BMW introduces Dynamic Stability Control (DSC). DSC is designed to automatically correct the yaw on all 7 Series cars, preventing plowing and fishtailing.
For sale nearby
2 listings
- Photos not available
- 172,351 miles
- 1 accident, 5 owners, personal use only
- 15 City / 22 Hwy MPG
- Studio Vroom (552 mi away)
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Located in Bensenville, IL
AutoCheck Vehicle History Summary
Accident Free Vehicle: No
Personal Use Only: Yes
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
18 Combined MPG (15 City/22 Highway)
Listing Information:
VIN: WBAGJ8323WDM19403
Stock: M19403
Certified Pre-Owned: No
Listed since: 10-27-2023 - 166,963 miles
- No accidents, 4 owners, personal use only
- 15 City / 22 Hwy MPG
- Ideal Motor Group (1,359 mi away)
- Navigation system
- Premium audio
- Power-adjustable sea...
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Located in San Gabriel, CA
The 1998 BMW 7 Series 740iL Sedan is a classic luxury vehicle that blends performance, comfort, and sophistication. Powered by a 4.4-liter V8 engine, ...
AutoCheck Vehicle History Summary
Accident Free Vehicle: Yes
Personal Use Only: Yes
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
18 Combined MPG (15 City/22 Highway)
Listing Information:
VIN: WBAGJ8326WDM12882
Stock: 250111
Certified Pre-Owned: No
Listed since: 03-25-2025
Vehicle overview
Last year, the big Bimmer was set to compete with all manner of luxury transport. The reintroduction of the "value leader" short wheelbase 740i allowed BMW to go after lower-priced models such as the Lexus LS400 and Infiniti Q45, as well as its usual target of the Jaguar XJ-6 Vanden Plas and Mercedes S-Class sedans. The strategy has worked well enough, BMW decided to keep the 740i in the lineup for the 1998 model year as well.
The news for this year is the addition of safety equipment to this luxurious autobahn cruiser. Dynamic Stability Control (DSC) is designed to prevent the 7-series sedans from slipping and sliding across the tarmac by controlling the car's yaw. If the system detects a steering wheel angle that is significantly different than the angle that the car is heading, one or more of the car's antilock brakes will engage, putting the car back on the proper course. This, of course, means 7-Series owners' will no longer be able to impress their kids by performing doughnuts in the parking garage of their law firm, but such is the price of safety.
The 7-Series sedans come in three flavors. Those who can't live without will want to check out the amazingly appointed 750iL. Want a stereo that sounds better than symphony hall? Check. Want an anti-theft security system that can put Fort Knox to shame? Check. Want a heated steering wheel? Check. Want 41 inches of rear legroom? Check. There aren't many features in the automotive marketplace missing on this car. Heck, they even addressed our only gripe by adding a steering wheel to the standard equipment list this ear. What's not to love?
Those on a budget, ha ha, should take a look at the 740i. Priced $33,000 less than its big brother, the 740i is geared towards buyers who are merely wealthy instead of obscenely rich. This car has almost everything one could desire, but there are a few items on the option sheet that buyers may want to check.
Nestled snugly between the 750iL and the 740i is the 740iL. The 740iL offers all of the space of the 750iL, but leaves enough money in the checking account to send your pride and joy to Stanford for a year.
The 7-Series long list of standard and optional features includes an integrated cellular phone, all-season traction control, xenon headlights and extra-thick window glass. Personal safety features include double locked doors, coded driveaway protection, two-step unlocking and the elimination of the passenger door locks--with a car this fine you have to be prepared for some unwanted attention.
It is always difficult to choose the "best" in a class of outstanding competitors, with entries from Mercedes, Jaguar, Lexus and Infiniti; it seems flippant to say that one of these vehicles is totally superior to the others; but, we know which one we would buy if we won Lotto. BMW has a tradition of improving on excellence; the 1998 7-Series cars are no exception. If you have the money and need an impressive set of wheels, this is the car for you.
Cost to Drive
Monthly estimates based on costs in North Dakota
$261/mo for 7 Series 750iL
7 Series 750iL
vs
$200/mo
Avg. Large Car
BMW 7 Series Owner Reviews
Most Helpful Owner Reviews
Trending topics
Classy, Stylish, Head Turner.....Still
5 out of 5 starsRobert W. Eiser, 11/10/2015
1998 BMW 7 Series 740iL 4dr Sedan
First they are inexpensive to purchase. I own a 1998 740l, was skeptical at first, 130K miles on her but in pristine condition other than needing new shoes. Hands down the best car I've ever owned or driven long distance in. Smooth ride, adjustable comfortable seating, cold a/c, strong and still turns heads after almost 18 years. Original paint still looks great as does the leather … interior. Doors are heavy, it's a touring car, weighing in at some 4200 lbs. Keep on top of her maintenance as you would any other machine and she'll treat you right. My problem is with parking lots and people bumping into her front and rear fenders. These are impact trip guards that are easily replaced. Forget the BMW dealer on parts, check out eBay and you'll find what you need way cheaper. Find a local mechanic who understands BMW's and you'll save a ton of money plus have a mechanic that knows your car. The digital display lose pixels but the instrument panel is perfect. For the price they are a steal and a piece of BMW history. Mine is my daily driver. Window regulators could be constructed stronger, plan on replacing these every few years, again eBay is the place to buy them. Like everything else, pick a good one.
What A Ride!
4.88 out of 5 starseurorider1, 12/03/2012
1998 BMW 7 Series 740iL 4dr Sedan
Bought it used 6 years ago with 100.000 miles and have driven coast to coast and beyond. Never has broken down and always ready and willing to hit the highway as fast and as long as I dare. It will cruise all day at 100 mph and you arrive safe and fit. And it gets LOOKS! Rode in a newer 750LI to NY. I didnt like it as well as the ol E38. Best bang for the money and it you take care of … her she will never let you down....
Yes, it is the ultimate driving machine!
4.75 out of 5 starsgelly70, 09/10/2010
1998 BMW 7 Series 750iL 4dr Sedan
I know; I havent had this awesome car for long (since June 2010). However, I drove it from Chicago, IL to Norfolk, VA in a super comfortable 14 hrs (939 mi) ride. I got 24 mpg. Very quiet & smooth ride, comfortable driving position, very nice sound system, impressive braking, powerful engine; bottom line: One GREAT vehicle for what I paid for! I just have brace for the shock, when I … take it to BMW dealership to get an additional key and new brake lining (pads) replacement. I am the second owner of this very well care for, Protection Package 750IL baby. Now I understand why its called The Ultimate Driving Machine
Carrier shot
4.5 out of 5 stars740iFan, 05/10/2009
1998 BMW 7 Series 740i 4dr Sedan
Arguably the most comfortable performance sedan ever built. Nice clean lines. Buy it right but set several thousand aside for initial remediation. I replaced water pump, window motor, control arm bushings, right cat, headlight lenses, and tires in the first year. Had leather refinished to like-new last year. You can get good quality non-BMW aftermarket parts drop shipped to your … independent mechanic and save big $$$$. All-in I probably put 4K into the car since purchase bringing total cost to less than 11K. I get 22 mpg highway driving aggressively, 24 otherwise.
1998 7 Series Highlights
750iL
Engine Type | Gas |
---|---|
Combined MPG | 15 MPG |
Cost to Drive | $261/month |
Cargo Capacity All Seats In Place | 13.0 cu.ft. |
Drivetrain | rear wheel drive |
Safety
IIHS Rating
The Insurance Institute of Highway Safety uses extensive crash tests to determine car safety.
- Small Overlap Front Driver-Side TestNot Tested
- Small Overlap Front Passenger-Side TestNot Tested
- Moderate Overlap Front Test – Original0
- Moderate Overlap Front Test – UpdatedNot Tested
- Side Impact Test – OriginalNot Tested
- Side Impact Test – UpdatedNot Tested
- Roof Strength TestNot Tested
- Rear Crash Protection / Head RestraintNot Tested
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