The BMW 740iL was the long-wheelbase version of BMW's flagship 7 Series during the E38 generation (1995-2001). With 360 complaints and zero deaths on record, the 740iL offered exceptional luxury and a smooth V8 experience. The E38 is often considered one of the best-looking sedans BMW ever made, and its relative mechanical simplicity compared to later 7 Series makes it more maintainable. However, age-related issues now affect nearly all examples.

360
Total Complaints
7
Total Recalls
9
Model Years
0
Reported Deaths

Best Years

These years have the fewest reported problems.

Common Problem Categories

Engine And Engine Cooling 70
Electrical System 40
Fuel System, Gasoline 28
Power Train 26
Air Bags 24

Complaints by Model Year

All Model Years

Year Complaints Recalls Crashes Fires Rating
2001 66 1 2 2 Below Average
2000 46 1 0 2 Average
1999 14 1 0 0 Good
1998 98 1 0 0 Below Average
1997 54 1 2 4 Average
1996 28 1 6 0 Average
1995 26 1 0 2 Average
1994 8 0 0 0 Good
1993 20 0 6 0 Good

Bmw 740il Years to Avoid

The 1998 740iL had the most complaints, with cooling system failures, timing chain guide wear, and VANOS issues becoming prevalent. Transmission failures and various electrical problems were also reported. At this age, deferred maintenance compounds problems.

Best Bmw 740il Years

The 1994 740iL (first year of E38) with the M60 V8 avoided the later Nikasil bore scoring issues that affected some M62 engines. Well-maintained early examples can be surprisingly reliable.

Frequently Asked Questions

What is the Nikasil problem on BMW V8s?

Some M62 engines used Nikasil cylinder linings that were damaged by high-sulfur fuel, causing scoring and compression loss. This primarily affected 1996-1998 production. Later cars used Alusil.

Is the E38 7 Series reliable?

For a 25+ year old luxury car, the E38 is relatively straightforward to maintain. The cooling system, suspension bushings, and electrical components need attention but parts are available and independent shops can work on them.

What is the E38 7 Series worth?

Clean, well-maintained E38s are appreciating as modern classics. Exceptional examples bring ,000-25,000, while projects can be found under ,000. Documentation and condition matter greatly.

Should I buy an E38 740iL?

Only if you appreciate older cars and can budget for repairs. A pre-purchase inspection is essential. The E38 rewards knowledgeable owners but punishes neglect.

What are common E38 problems?

Cooling system plastic components, window regulators, suspension bushings, and pixels in instrument cluster and radio displays. All are addressable but require attention.