Used 2001 BMW 7 Series Consumer Reviews
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2001 - 740i - Sports Package
Best built sedan by far; the sports package makes it even better. An absolute dream machine to drive for the past 6 years. Unmatched style and performance compared to any new BMW sedan or other comparable sedans don't even come close. Great MPG on highways. Without a doubt a better car for you than new, if you find an 01 one with low miles (40k to 60k) get it. You won't do better money wise or performance wise anywhere else at this price level, around $20k.
BMW 740IL---ULTIMATE MACHINE
I HAVE NEVER BEEN IN A CAR THAT JUST HUGS THE ROAD LIKE IT IS ANGRY AT IT...WHAT A MACHINE...THE NEW STYLE IS A COMPLETE DEBACLE OF CRAFTMANSHIP, BUT IF THEY WOULD HAVE LEARNED NOT TO MESS WITH PERFECTION...GO OUT AND GET A 2001 WHILE THEY ARE STILL AROUND..UNBELIEVABLE CAR
- 740i SedanMSRP: $6,995448 mi away
- 740i SedanMSRP: $9,876934 mi away
- 740i SedanMSRP: $17,9951,034 mi away
The Cliche Holds True
This car makes for a wonderful driving experience, especially on long trips. The sport package is a must have. These cars can be fairly reliable if scheduled maintenance is kept up, however, it's not a Honda Accord. If you're planning on purchasing a used E38, do your research. Suspension, cooling, and braking system repairs can be costly, and it's very helpful to know how to tell if the previous owner has kept up on these things. If you're an educated and savvy vehicle owner, you'll find that a used 7 series is a nearly impossible to beat combination of styling and performance for the price, even when figuring in maintenance
Think twice
You need to remember that you are buying a luxury car and with that comes very expensive repairs / diagnostics. I have the 740i sport and the top of the line tires cost $300/each to replace. The cost to replace a battery is over $300. Synthetic oil changes cost around $200. Prepare to spend a least a few thousand dollars on upkeep of this car and also, be very aware that it's rear- wheel drive. If you live anywhere that is prone to ice/snow, think twice about this car! Fun to drive / nice looking car did not outweigh the costs associated with ownership for me. I seem to be one of the few dissenters on how great these cars are.
Best car I ever owned
The only other car that came close in terms of fun was my 1964-1/2 Mustang, but I was young then, and not looking for luxury. The 740iL is comfortable, roomy, powerful, nimble, and quiet.