The 2016 BMW 740i marked the sixth generation (G11/G12) of BMW's flagship sedan, representing a significant leap forward in luxury and technology. It's a full-size luxury sedan known for its elegant styling, spacious interior, and advanced features. Model years spanned from 2016-2022. Key trims included the 740i, 740Li (long wheelbase), and later, plug-in hybrid variants. New, prices started around $82,000, but used models can range significantly based on mileage and condition. Its combination of performance, luxury, and technological innovation makes it a popular choice.
The Good
The 2016 BMW 740i offers a compelling blend of performance and luxury. Emotionally, its sophisticated design and powerful engine deliver driving pleasure. Practically, it provides a comfortable and spacious cabin, decent fuel efficiency for its class, and advanced safety features. Reliability is generally good, and the value proposition in the used market is attractive compared to newer models.
The Bad
Potential weaknesses of the 2016 BMW 740i include the complexity of its electronics, which can lead to occasional glitches. Air suspension problems can be costly to repair. Some owners have reported issues with oil leaks. Thorough pre-purchase inspection is recommended, focusing on electronics, suspension, and potential leaks.
2016 BMW 740: Quick Overview
- Engine Options: 3.0L Turbocharged Inline-6 (740i/740Li)
- Horsepower: 320 hp @ 5200-6500 rpm
- Fuel Economy (EPA estimated):
- 740i: 22 mpg city / 32 mpg highway / 25 mpg combined
- 740Li: 21 mpg city / 29 mpg highway / 24 mpg combined
- 0-60 mph: Approximately 5.4 seconds
- Towing Capacity: Not recommended for towing.
- Trim-Level Features (740i/740Li - Base):
- Leather upholstery
- Power-adjustable front seats with memory
- Navigation system with a 10.2-inch display
- iDrive infotainment system
- Harman Kardon surround-sound audio system
- Adaptive LED headlights
- Panoramic sunroof
- Automatic climate control (four-zone)
- Parking sensors (front and rear)
- Rearview camera
- Soft-close doors
- Power trunk lid
- Dynamic Damper Control
- Driving Dynamics Control (Eco Pro, Comfort, Sport, Sport+)
- Available Options:
- Luxury Seating Package (massaging rear seats)
- Driver Assistance Plus Package (lane departure warning, blind-spot monitoring, adaptive cruise control)
- Rear-seat entertainment system
- Head-up display
- Night vision with pedestrian detection
- Bowers & Wilkins sound system
- Remote control parking
2016 BMW 740 Specifications
Vehicle Information
| Year | 2016 |
| Make | BMW |
| Model | 740 |
| Trim | - |
| Style | - |
| Type | Sedan |
| Category | Large Car |
Manufacturing Details
| Made In | Germany |
| Manufacturing City | DINGOLFING |
Dimensions
| Doors | 4-Door |
| Curb Weight | 4225 pounds |
| Gross Vehicle Weight Rating | 5450 pounds |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | 3.0-L I6 |
| Engine Size | 3L |
| Engine Cylinders | 6 |
| Transmission | 8-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 8-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | - |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $81,300 |
| Invoice Price | $75,295 |
| Delivery Charges | $995 |
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What Problems Does the 2016 BMW 740 Have?
Frequently reported problems for the 2016 BMW 740i often revolve around its complex electronics. Glitches in the iDrive system, sensor malfunctions related to driver-assistance features, and issues with the climate control system are not uncommon. Air suspension problems are another concern, with potential leaks or compressor failures leading to costly repairs. Oil leaks, particularly around the valve cover gasket, have also been reported.
While the 2016 model year didn't have a high number of recalls compared to some other vehicles, it's crucial to check the National Highway Traffic Safety Administration (NHTSA) website for any outstanding recalls related to the VIN.
Long-term reliability concerns typically stem from the increasing complexity of modern luxury vehicles. The numerous electronic components and advanced systems are prone to failure over time, especially with age and mileage. Preventative maintenance, particularly fluid changes and regular inspections, is vital to mitigating potential issues. Ignoring minor problems can lead to more significant and expensive repairs down the road. It's also worth noting that some aftermarket parts might not perform as well as OEM components, so sticking with genuine BMW parts is generally recommended for crucial systems.
While the 2016 model year didn't have a high number of recalls compared to some other vehicles, it's crucial to check the National Highway Traffic Safety Administration (NHTSA) website for any outstanding recalls related to the VIN.
Long-term reliability concerns typically stem from the increasing complexity of modern luxury vehicles. The numerous electronic components and advanced systems are prone to failure over time, especially with age and mileage. Preventative maintenance, particularly fluid changes and regular inspections, is vital to mitigating potential issues. Ignoring minor problems can lead to more significant and expensive repairs down the road. It's also worth noting that some aftermarket parts might not perform as well as OEM components, so sticking with genuine BMW parts is generally recommended for crucial systems.
How long will the 2016 BMW 740 last?
A well-maintained 2016 BMW 740i can easily reach 150,000 to 200,000 miles or more. Years of service can extend to 10-15 years with diligent care. However, long-term durability heavily depends on maintenance habits. Neglecting fluid changes, ignoring warning lights, or skipping scheduled services will significantly shorten its lifespan. Weaknesses over time include potential issues with the air suspension, electronic glitches, and oil leaks, all of which can become more prevalent as the car ages. Proper preventative maintenance is key to maximizing its lifespan.
What Technology & Safety Features are Included?
The 2016 BMW 740i boasts a wealth of built-in technology. The iDrive infotainment system with a 10.2-inch display is central, offering navigation, media controls, and vehicle settings. Standard entertainment features include a Harman Kardon surround-sound system, Bluetooth connectivity, and USB ports.
Driver-assistance features include standard parking sensors, a rearview camera, and available options like lane departure warning, blind-spot monitoring, adaptive cruise control, and night vision with pedestrian detection (part of the Driver Assistance Plus package). Optional features also include a head-up display, which projects vital information onto the windshield. Another highlight is the available remote control parking.
Safety features encompass a comprehensive airbag system, stability control, and anti-lock brakes. The optional Driver Assistance Plus package adds numerous advanced safety technologies.
Crash-test ratings from the IIHS (Insurance Institute for Highway Safety) and NHTSA (National Highway Traffic Safety Administration) are important to consider. While specific ratings may vary slightly, the 2016 7 Series generally performed well in crash tests, reflecting its robust safety design. Be sure to check both IIHS and NHTSA websites for the most accurate and up-to-date safety information.
Driver-assistance features include standard parking sensors, a rearview camera, and available options like lane departure warning, blind-spot monitoring, adaptive cruise control, and night vision with pedestrian detection (part of the Driver Assistance Plus package). Optional features also include a head-up display, which projects vital information onto the windshield. Another highlight is the available remote control parking.
Safety features encompass a comprehensive airbag system, stability control, and anti-lock brakes. The optional Driver Assistance Plus package adds numerous advanced safety technologies.
Crash-test ratings from the IIHS (Insurance Institute for Highway Safety) and NHTSA (National Highway Traffic Safety Administration) are important to consider. While specific ratings may vary slightly, the 2016 7 Series generally performed well in crash tests, reflecting its robust safety design. Be sure to check both IIHS and NHTSA websites for the most accurate and up-to-date safety information.
What Colors Options are Available?
Exterior Colors
Alpine White
Black Sapphire Metallic
Carbon Black Metallic
Cashmere Silver Metallic
Glacier Silver Metallic
Imperial Blue Metallic
Jatoba Metallic
Mediterranean Blue Metallic
Mineral White Metallic
Sophisto Grey Metallic
Interior Colors
Cognac Dakota Leather
Black Dakota Leather
Ivory White Dakota Leather
Mocha Nappa Leather
Black Nappa Leather
Ivory White Nappa Leather
Smoke White/Black Extended Merino Leather
Caramel/Black Extended Merino Leather
Tartufo/Black Extended Merino Leather
Amaro Brown Extended Merino Leather
2016 BMW 740 Prices and Market Value
When new, the 2016 BMW 740i started around $82,000. Current used market prices can vary significantly based on mileage, condition, and location, but expect to find them ranging from $25,000 to $40,000, or even lower depending on these factors. Depreciation is considerable for luxury sedans. Factors affecting resale value include vehicle condition (both cosmetic and mechanical), mileage, maintenance history, and optional equipment. Cars with complete service records and desirable options tend to command higher prices.
2016 BMW 740 Cost of Ownership
The 2016 BMW 740i is generally costly to own long-term. Insurance premiums are higher due to its value and repair costs. Fuel costs are moderate but not exceptional. Maintenance and repair costs can be significant, particularly for specialized components like the air suspension and complex electronics. Routine maintenance is essential but can be expensive at BMW dealerships. Budgeting for potential repairs is crucial for long-term ownership.
2016 BMW 740 Fuel Efficiency
Fuel Type
Gasoline (Required)
Fuel Capacity
20.6 gallons
City Mileage
21 miles/gallon
Highway Mileage
29 miles/gallon
2016 BMW 740 Safety Rating
IIHS
2016 BMW 740 Warranty
Roadside
Original warranty
48 months / unlimited miles
Estimated remaining
Expired
Drivetrain
Original warranty
48 months / 50000 miles
Estimated remaining
Expired
Free Maintenance
Original warranty
48 months / 50000 miles
Estimated remaining
Expired
Rust
Original warranty
144 months / unlimited miles
Estimated remaining
36 months / unlimited miles
Basic
Original warranty
48 months / 50000 miles
Estimated remaining
Expired
2016 BMW 740 Insurance
Insurance for a 2016 BMW 740 is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2016 BMW 740 Compare to Other Sedan?
The 2016 BMW 740i competes with the Mercedes-Benz S-Class, Audi A8, and Lexus LS. Performance-wise, the 740i offers a sporty driving experience compared to the more comfort-oriented S-Class. Features are comparable across the board, with each offering a plethora of luxury and tech. Reliability is a key differentiator; the Lexus LS generally has a better reputation for long-term reliability than the BMW. The Audi A8 offers similar technology and performance but may also share similar reliability concerns to the BMW.
Price-wise, used models are competitive, although the S-Class often holds its value slightly better.
Alternatives: If reliability is a top priority, the Lexus LS is a strong contender. If maximum comfort is desired, the Mercedes-Benz S-Class remains the benchmark. The Audi A8 is a solid choice for those who appreciate its tech-focused interior. The Porsche Panamera offers a sportier driving experience but sacrifices some rear-seat space and comfort.
Price-wise, used models are competitive, although the S-Class often holds its value slightly better.
Alternatives: If reliability is a top priority, the Lexus LS is a strong contender. If maximum comfort is desired, the Mercedes-Benz S-Class remains the benchmark. The Audi A8 is a solid choice for those who appreciate its tech-focused interior. The Porsche Panamera offers a sportier driving experience but sacrifices some rear-seat space and comfort.
Final Verdict: Is the 2016 BMW 740 a Good Sedan?
The 2016 BMW 740i is ideal for those seeking a luxurious and technologically advanced sedan with a focus on driving dynamics. It's worth buying as a used vehicle if you're comfortable with potentially higher maintenance costs and prioritize a sporty driving experience over ultimate reliability. Opting for a well-maintained example with a thorough service history is crucial. A pre-purchase inspection by a qualified mechanic is highly recommended, especially focusing on the air suspension and electronics. Consider the 740i or 740Li (long wheelbase) depending on your needs for rear passenger space.
Cathleen V
Cathleen is an exceptional freelance writer covering hot topics in the automotive world from a gearhead's perspective. Her articles delve into various aspects of automotive technology and history, offering readers detailed insights into engine performance, reliability, and maintenance. Through her engaging and informative writing, Cathleen provides valuable information to automotive enthusiasts and consumers alike, helping them make informed decisions about vehicle maintenance and purchases.