The BMW 740i was the standard-wheelbase version of BMW's flagship 7 Series during the E38 generation (1994-2001). With 350 complaints and zero deaths on record, the 740i delivered the same refined V8 experience as the 740iL but in a slightly more maneuverable package. The 4.4L V8 provided smooth, adequate power for this luxury sedan. Like all E38s, these cars are now classics that require attentive ownership.

350
Total Complaints
30
Total Recalls
22
Model Years
0
Reported Deaths
!

Years to Avoid

These years have significantly more complaints than average.

Best Years

These years have the fewest reported problems.

Common Problem Categories

Engine And Engine Cooling 50
Electrical System 40
Engine 24
Unknown Or Other 22
Suspension 22

Complaints by Model Year

All Model Years

Year Complaints Recalls Crashes Fires Rating
2025 0 2 0 0 Good
2024 8 4 0 0 Average
2023 26 8 0 0 Below Average
2021 6 2 0 0 Good
2020 0 2 0 0 Good
2019 8 1 0 0 Average
2018 10 0 0 0 Average
2017 22 0 0 0 Average
2016 28 0 0 0 Below Average
2015 2 1 0 0 Good
2014 2 1 2 0 Good
2013 2 1 2 0 Good
2012 12 1 0 0 Average
2001 48 1 8 4 Avoid
2000 36 1 2 4 Below Average
1999 18 1 2 0 Average
1998 24 1 2 0 Below Average
1997 6 1 0 0 Good
1996 2 1 0 0 Good
1995 24 1 0 0 Below Average
1994 18 0 0 0 Average
1993 48 0 4 6 Avoid

Bmw 740i Years to Avoid

The 1993 740i had the most complaints and represents the earlier E32 generation, which had different issues including timing chain tensioner failures and transmission problems. The E38 generation beginning in 1995 was more refined but still had cooling system and electrical concerns.

Best Bmw 740i Years

The 1996 740i represents a sweet spot in E38 production with the improved M62 engine and refined electronics before age-related issues became prevalent. Well-maintained examples from this era can be excellent.

Frequently Asked Questions

What is the difference between 740i and 740iL?

The L in 740iL stands for long wheelbase, adding about 5 inches to rear legroom. The 740i is otherwise identical mechanically and offers slightly sportier handling due to the shorter wheelbase.

Is the E38 740i a good classic car?

Yes. The E38 is widely considered one of BMW best-looking sedans and has aged gracefully. Prices are rising for clean examples, though they require maintenance knowledge.

What engine does the 740i have?

The E38 740i used BMW M60 (early) and M62 (later) 4.0L and 4.4L V8 engines. Both are smooth and reliable when maintained, though the M60 had Nikasil issues in some markets.

How much does E38 maintenance cost?

Budget ,000-4,000 annually for maintenance and repairs on an E38. Major items include cooling system overhaul (-1,200), suspension refresh (,500-3,000), and various electrical repairs.

Should I buy a 740i or 750iL?

The 740i is easier and cheaper to maintain than the V12 750iL. The V12 is smoother but has twice the complexity and maintenance costs. Most enthusiasts recommend the V8 models.