The 1997 BMW 740i, part of the E38 generation (1994-2001), is a luxury sedan renowned for its sophisticated engineering and elegant design. Primarily available as a 4-door sedan, the 740i was the mid-level offering, positioned below the V12 750i. Its popularity stems from offering a potent V8 engine, advanced features for its time, and a driving experience that balanced comfort with sportiness, making it a desirable choice for discerning buyers seeking automotive excellence.
The Good
The 1997 BMW 740i offers a compelling blend of smooth V8 power and composed handling, delivering a luxurious and refined ride. Its timeless design and high-quality interior appeal to emotional desires for prestige, while its robust engineering and reasonable fuel economy for its class make it a practical long-term investment for those who appreciate lasting quality.
The Bad
Owners of the 1997 BMW 740i should be aware of potential issues with the cooling system, particularly plastic components that can degrade. Electrical gremlins, such as faulty window regulators and pixilation on the instrument cluster display, are also common. Significant maintenance can be costly if not addressed proactively.
1997 BMW 740: Quick Overview
- Engine Options: The 1997 BMW 740i came standard with a 4.4-liter (M62B44) naturally aspirated V8 engine.
- Horsepower: This V8 engine produced approximately 282 horsepower.
- Torque: Torque output was around 317 lb-ft.
- Fuel Economy: EPA estimates for the 1997 740i were typically around 15 MPG city and 23 MPG highway.
- 0-60 Times: Acceleration from 0 to 60 mph was generally in the low to mid-7 second range, offering brisk performance for a luxury sedan.
- Towing Capacity: Towing capacity is not a primary feature or consideration for the BMW 740i. It is designed as a passenger luxury vehicle.
- Transmission: A 5-speed automatic transmission was standard.
- Drivetrain: Rear-wheel drive was standard.
- Key Trim-Level Features (740i):
- Leather upholstery
- Power-adjustable front seats with memory
- Dual-zone automatic climate control
- Power windows, locks, and mirrors
- Sunroof
- Xenon headlights (optional or standard depending on package)
- Navigation system (optional)
- Premium audio system
- Cruise control
- Anti-lock braking system (ABS)
- Traction control (ASC+T)
- Driver and front passenger airbags
- Side-impact airbags (optional on some models)
- Fog lights
- 16-inch or 17-inch alloy wheels
- Automatic leveling suspension (optional)
- Heated front seats (optional)
- Rear power sunshade (optional)
1997 BMW 740 Specifications
Vehicle Information
| Year | 1997 |
| Make | BMW |
| Model | 740 |
| Trim | - |
| Style | - |
| Type | Sedan |
| Category | Mid-Size Car |
Manufacturing Details
| Made In | Germany |
| Manufacturing City | DINGOLFING |
Dimensions
| Doors | 4-Door |
| Curb Weight | 4288 pounds |
| Gross Vehicle Weight Rating | - |
| Overall Height | 56.10 inches |
| Overall Length | 201.70 inches |
| Overall Width | 73.30 inches |
| Wheelbase Length | 120.90 inches |
| Standard Seating | 5 |
Engine & Performance
| Engine | 4.4-L V-8 DOHC 32V |
| Engine Size | 4.4L |
| Engine Cylinders | 8 |
| Transmission | 5-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 5-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Recirculating |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $64,800 |
| Invoice Price | $56,730 |
| Delivery Charges | - |
Vehicle History Report
Vehicle
Specifications
Specifications
Ownership
History
History
All History
Events
Events
NMVTIS Title
History Check
History Check
Salvage/Rebuilt
Check
Check
Accident
Check
Check
Theft
Check
Check
Open Lien
Check
Check
Past Sale
Listings
Listings
Safety
Recalls
Recalls
Odometer
Check
Check
Market Price
Analysis
Analysis
What Problems Does the 1997 BMW 740 Have?
The 1997 BMW 740i, while a generally well-engineered vehicle, does have some commonly reported issues that potential owners should be aware of. One of the most frequent concerns revolves around the cooling system. Plastic components, such as the radiator end tanks, coolant hoses, and thermostat housing, can become brittle and crack over time, leading to leaks and potential overheating. The water pump and fan clutch are also known wear items.
Electrical issues are another area of concern. Many owners report problems with the "BMW Pixels" on the instrument cluster display, where segments of the LCD screen become unreadable. This is often caused by a failing ribbon cable or a worn-out display unit. Window regulators are also prone to failure, leading to stuck windows. The ABS/DSC module can also be a costly repair if it malfunctions.
The VANOS (Variable Valve Timing) system, while providing performance benefits, can also develop issues. Leaks from the VANOS seals can lead to a loss of low-end torque and rough idling. Ignition coils and spark plugs are also common replacement items as the vehicle ages.
While there haven't been widespread major recalls specifically targeting the 1997 model year for catastrophic failures, routine maintenance items are crucial for long-term reliability. The M62 V8 engine is generally robust if well-maintained, but neglected maintenance can lead to accelerated wear on components like the timing chain guides and tensioners.
Specific to the 1997 model year, the M62 engine was introduced, replacing the older M60. Early M62 engines had some minor improvements over the M60, but the core issues related to the cooling system and electronics remain consistent throughout the E38 generation, including the 1997 model. Long-term reliability is heavily dependent on consistent and proper maintenance. Owners who adhere to recommended service intervals and address minor issues promptly tend to have a more reliable experience than those who do not.
Electrical issues are another area of concern. Many owners report problems with the "BMW Pixels" on the instrument cluster display, where segments of the LCD screen become unreadable. This is often caused by a failing ribbon cable or a worn-out display unit. Window regulators are also prone to failure, leading to stuck windows. The ABS/DSC module can also be a costly repair if it malfunctions.
The VANOS (Variable Valve Timing) system, while providing performance benefits, can also develop issues. Leaks from the VANOS seals can lead to a loss of low-end torque and rough idling. Ignition coils and spark plugs are also common replacement items as the vehicle ages.
While there haven't been widespread major recalls specifically targeting the 1997 model year for catastrophic failures, routine maintenance items are crucial for long-term reliability. The M62 V8 engine is generally robust if well-maintained, but neglected maintenance can lead to accelerated wear on components like the timing chain guides and tensioners.
Specific to the 1997 model year, the M62 engine was introduced, replacing the older M60. Early M62 engines had some minor improvements over the M60, but the core issues related to the cooling system and electronics remain consistent throughout the E38 generation, including the 1997 model. Long-term reliability is heavily dependent on consistent and proper maintenance. Owners who adhere to recommended service intervals and address minor issues promptly tend to have a more reliable experience than those who do not.
How long will the 1997 BMW 740 last?
Based on owner data and maintenance habits, a well-maintained 1997 BMW 740i can reliably reach well over 200,000 miles and continue to serve for many years. These vehicles were built with robust German engineering, designed for longevity. However, their long-term durability is significantly influenced by the owner's commitment to preventative maintenance. Neglecting issues like the cooling system, oil changes, or electrical quirks can lead to premature component failures and drastically reduce the vehicle's lifespan. Key weaknesses that can impact long-term service include the aging of plastic cooling system components, potential electrical gremlins (like instrument cluster pixilation), and wear on suspension bushings. Proactive attention to these areas, along with regular fluid changes and checks, is paramount for ensuring continued service and reliability over time.
What Technology & Safety Features are Included?
The 1997 BMW 740i was a technological showcase for its era, offering a sophisticated suite of features that appealed to luxury car buyers. Standard technology included power-adjustable front seats, dual-zone automatic climate control, power windows and locks, cruise control, and a premium stereo system. The optional navigation system, a rarity at the time, provided rudimentary map guidance. Xenon headlights were also an available upgrade, significantly improving nighttime visibility.
Entertainment was primarily handled by the standard AM/FM cassette player with an optional CD changer. While not as advanced as today's infotainment systems, the audio quality was generally well-regarded. The interior boasted high-quality leather upholstery and wood trim, contributing to a luxurious ambiance.
In terms of driver assistance, the 1997 740i featured standard Anti-lock Braking System (ABS) and Automatic Stability Control (ASC+T), which helped maintain traction and stability during acceleration and braking.
Safety was a priority, with standard front airbags and available side-impact airbags. The E38 generation 7 Series, including the 1997 model, was known for its robust chassis and safety cell construction. Official crash-test ratings from organizations like the NHTSA and IIHS for vehicles of this vintage are often limited or not directly comparable to modern standards. However, the E38 7 Series was generally considered a safe vehicle for its time, incorporating advanced safety engineering principles that contributed to occupant protection in collisions.
Entertainment was primarily handled by the standard AM/FM cassette player with an optional CD changer. While not as advanced as today's infotainment systems, the audio quality was generally well-regarded. The interior boasted high-quality leather upholstery and wood trim, contributing to a luxurious ambiance.
In terms of driver assistance, the 1997 740i featured standard Anti-lock Braking System (ABS) and Automatic Stability Control (ASC+T), which helped maintain traction and stability during acceleration and braking.
Safety was a priority, with standard front airbags and available side-impact airbags. The E38 generation 7 Series, including the 1997 model, was known for its robust chassis and safety cell construction. Official crash-test ratings from organizations like the NHTSA and IIHS for vehicles of this vintage are often limited or not directly comparable to modern standards. However, the E38 7 Series was generally considered a safe vehicle for its time, incorporating advanced safety engineering principles that contributed to occupant protection in collisions.
What Colors Options are Available?
We’re working on this section!
In the meantime, feel free to explore the other sections for more content.
In the meantime, feel free to explore the other sections for more content.
1997 BMW 740 Prices and Market Value
When new, the 1997 BMW 740i had a starting MSRP in the ballpark of $65,000 to $70,000, depending on options. As a luxury flagship sedan, it experienced significant depreciation in its early years, a typical trend for high-end vehicles. Currently, used market prices for the 1997 740i vary widely, generally ranging from $3,000 to $10,000 for examples in fair to good condition. Well-maintained, low-mileage examples or those with desirable options can command higher prices. Factors significantly affecting resale value include the vehicle's maintenance history, overall condition (cosmetic and mechanical), mileage, and the presence of original documentation. Repairs to common issues, especially electrical or cooling system problems, can deter buyers and lower value.
1997 BMW 740 Cost of Ownership
Owning a 1997 BMW 740i is generally considered costly, especially when compared to mainstream vehicles. Insurance premiums can be moderate to high, reflecting its luxury status and potential repair costs. Fuel costs are also significant, with the V8 engine consuming premium gasoline. Maintenance is a critical factor; while routine services are manageable, repairs for common issues like cooling system components or electronics can be expensive, often requiring specialized BMW technicians. Parts can also be pricier. Overall, the 1997 740i is not an economical vehicle to own and requires a budget that accounts for potentially high repair bills and specialized care.
1997 BMW 740 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
22.50 gallons
City Mileage
17 miles/gallon
Highway Mileage
24 miles/gallon
1997 BMW 740 Safety Rating
NHTSA
IIHS
1997 BMW 740 Warranty
Basic
Original warranty
0 months / No data
Estimated remaining
Expired
Powertrain
Original warranty
0 months / No data
Estimated remaining
Expired
Rust
Original warranty
0 months / No data
Estimated remaining
Expired
1997 BMW 740 Insurance
Insurance for a 1997 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 1997 BMW 740 Compare to Other Sedan?
The 1997 BMW 740i competed against other premium luxury sedans of its era, notably the Mercedes-Benz S-Class (W140 generation), Lexus LS 400, and Audi A8.
Performance: The 740i's 4.4L V8 engine offered a strong balance of power and refinement, often considered more engaging to drive than some rivals. The S-Class, particularly with its V8 or V12, offered immense power and unparalleled ride comfort. The LS 400 was known for its silky-smooth V8 and bulletproof reliability, though perhaps less sporting. The Audi A8, particularly the V8 Quattro models, offered excellent all-wheel-drive performance and a sturdy build.
Features: All these vehicles were packed with luxury features for their time. BMW often excelled in driver-focused ergonomics and a sporty feel, while Mercedes leaned towards ultimate comfort and prestige. Lexus was renowned for its quiet cabins and high levels of standard equipment. Audi offered advanced technology like Quattro and often a more understated, yet sophisticated, interior.
Reliability: The Lexus LS 400 is widely regarded as the pinnacle of reliability among these German and Japanese contenders. The BMW 740i, while generally well-built, is known for more frequent, albeit often repairable, issues with its cooling system and electronics compared to the Lexus. The Mercedes S-Class can also be expensive to maintain and repair as it ages, with complex systems. The Audi A8 has a solid reputation but can also be costly when repairs are needed.
Price: When new, these vehicles were similarly priced in the luxury segment. In the used market, the 1997 740i is often more affordable than comparable Mercedes S-Class or Audi A8 models, but more expensive than older Lexus LS models if considering absolute lowest entry price.
Alternatives: For those prioritizing bulletproof reliability and a serene ride, the Lexus LS 400 (1995-1997 models) is a superior alternative. If ultimate comfort and prestige are paramount, a Mercedes-Benz S-Class (W140 S500) offers a similar experience, albeit with potentially higher running costs. For a sportier driving experience with AWD, the Audi A8 Quattro is a strong contender. The 1997 BMW 740i remains a compelling choice for those who appreciate its dynamic driving characteristics and sophisticated design, provided they are prepared for the potential maintenance demands of a German luxury car.
Performance: The 740i's 4.4L V8 engine offered a strong balance of power and refinement, often considered more engaging to drive than some rivals. The S-Class, particularly with its V8 or V12, offered immense power and unparalleled ride comfort. The LS 400 was known for its silky-smooth V8 and bulletproof reliability, though perhaps less sporting. The Audi A8, particularly the V8 Quattro models, offered excellent all-wheel-drive performance and a sturdy build.
Features: All these vehicles were packed with luxury features for their time. BMW often excelled in driver-focused ergonomics and a sporty feel, while Mercedes leaned towards ultimate comfort and prestige. Lexus was renowned for its quiet cabins and high levels of standard equipment. Audi offered advanced technology like Quattro and often a more understated, yet sophisticated, interior.
Reliability: The Lexus LS 400 is widely regarded as the pinnacle of reliability among these German and Japanese contenders. The BMW 740i, while generally well-built, is known for more frequent, albeit often repairable, issues with its cooling system and electronics compared to the Lexus. The Mercedes S-Class can also be expensive to maintain and repair as it ages, with complex systems. The Audi A8 has a solid reputation but can also be costly when repairs are needed.
Price: When new, these vehicles were similarly priced in the luxury segment. In the used market, the 1997 740i is often more affordable than comparable Mercedes S-Class or Audi A8 models, but more expensive than older Lexus LS models if considering absolute lowest entry price.
Alternatives: For those prioritizing bulletproof reliability and a serene ride, the Lexus LS 400 (1995-1997 models) is a superior alternative. If ultimate comfort and prestige are paramount, a Mercedes-Benz S-Class (W140 S500) offers a similar experience, albeit with potentially higher running costs. For a sportier driving experience with AWD, the Audi A8 Quattro is a strong contender. The 1997 BMW 740i remains a compelling choice for those who appreciate its dynamic driving characteristics and sophisticated design, provided they are prepared for the potential maintenance demands of a German luxury car.
Final Verdict: Is the 1997 BMW 740 a Good Sedan?
The 1997 BMW 740i is ideal for automotive enthusiasts who appreciate classic German luxury, a powerful V8 engine, and engaging driving dynamics, and who have a good understanding of or access to reliable, specialized maintenance. It's worth buying for individuals seeking a prestigious sedan on a budget, provided they are prepared for potential repair costs associated with aging luxury vehicles. Buying this car used is the only realistic option today. It is best purchased when it has a documented, comprehensive service history, ideally from owners who diligently maintained it. Specific trims are less critical than overall condition, but look for well-equipped examples. It's a rewarding purchase for the mechanically inclined or those with a dedicated budget for upkeep, offering a taste of flagship luxury that still holds its own.
Simon A
Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.