1998 BMW 740iL

Description

The E38, the third generation of BMW's 7-Series, was produced from 1994 to 2001 and marked a significant leap in luxury and technology. Development began in early 1988 under design directors Claus Luthe and later Dr. Wolfgang Reitzle, with Boyke Boyer's concept refined into the final production design approved in February 1991. Production commenced with pilot models in July 1993 and series production in April 1994, leading to the U.S. launch in November 1994. The E38 featured an array of engines, including straight-six, V8, and V12 options, and was notable for introducing curtain airbags, satellite navigation, and an in-built television, making it a pioneer in both safety and advanced features in the luxury sedan market. Now, more than 20 years after its series production ceased, these cars are beloved by enthusiasts who praise them for their blend of ease of service mixed with modern amenities. 

Highlights 

• Finished in Artic Silver with a Grey Montana Leather interior 

• Powered by the 4.4-liter “M62B44” V8 rated at 286 horsepower and 310 lb-ft of torque 

• Five-speed automatic transmission 

• 16 inch chrome plated “Style 5” alloy wheels 

• Featuring a 5.5 inch longer wheelbase over a standard 740i 

• The air conditioning system was serviced with a new compressor, dryer, and expansion valve at 169,373 miles on 25 July 2023 

• In preparation for sale, an engine oil change was performed at 171,888 miles on 6 June 2024 

• The current owner reports the car was kept in their climate-controlled garage during their tenure with it 

• Clean CARFAX Vehicle History Report 

Features 

• Rear sunshades 

• Power steering 

• Dual zone automatic climate control 

• Power windows 

• Automatic dimming interior rear view mirror 

• Power locks 

• Fine wood trim 

• Power sunroof 

• Lockable glove box 

• Power adjustable side view mirrors 

• Alarm system 

• Power adjustable front seats with memory function 

• Glass sunroof 

• Power adjustable steering column 

• Automatic stability control 

• Four-wheel power disc brakes 

Known Imperfections 

• Damaged front license plate holder 

• Right rear window is inoperative 

• Dent in the left front fender above the turn signal 

• Approximately 2 ½ inch tear on the seat on the front passenger seat 

• The sunroof will stick approximately ¾ of the way open, with the fuse being removed to prevent inadvertently opening 

• Missing plastic cover for oil drain and plastic shield for the passenger side front wheel

Included 

• First aid kit 

• Rear footrests 

• Tool kit 

• Service manual 

• Photocopied owner’s manual 

• Maintenance log 

Ownership History 

The CARFAX Vehicle History Report shows that this 1998 BMW 740iL was sold new in California in the fall of 1997. It remained with the original owner until December 2004 with approximately 111,000 miles. The third and current owner reports inheriting the car from their friend in September 2015.