View Poll Results: To buy a 2011 740i Sport or NOT to Buy
Voters: 21. You may not vote on this poll
Should I buy a 2011 BMW 740i??
03-22-15, 06:07 PM
#31
Lexus Fanatic
The "iL" is BMW-speak for a long-wheelbase model......(literally, "i" means fuel-injection, and "L" is the long wheelbase). And, yes, all else equal, that usually means more room in the back seat and a smoother ride.
IMHO, though, in general, I share the apprehension of some other posters here about buying a high-mileage 7-series. If you have to deal with service/repairs that are not under warranty (as will likely be the case with this car) they can become real money-pits, unless you are lucky enough to have an extended factory-campaign long enough to cover it
IMHO, though, in general, I share the apprehension of some other posters here about buying a high-mileage 7-series. If you have to deal with service/repairs that are not under warranty (as will likely be the case with this car) they can become real money-pits, unless you are lucky enough to have an extended factory-campaign long enough to cover it
Last edited by mmarshall; 03-22-15 at 06:11 PM.
03-22-15, 10:50 PM
#32
The "iL" is BMW-speak for a long-wheelbase model......(literally, "i" means fuel-injection, and "L" is the long wheelbase). And, yes, all else equal, that usually means more room in the back seat and a smoother ride.
IMHO, though, in general, I share the apprehension of some other posters here about buying a high-mileage 7-series. If you have to deal with service/repairs that are not under warranty (as will likely be the case with this car) they can become real money-pits, unless you are lucky enough to have an extended factory-campaign long enough to cover it
IMHO, though, in general, I share the apprehension of some other posters here about buying a high-mileage 7-series. If you have to deal with service/repairs that are not under warranty (as will likely be the case with this car) they can become real money-pits, unless you are lucky enough to have an extended factory-campaign long enough to cover it
03-23-15, 06:53 AM
#33
Lexus Fanatic
Originally Posted by ARISTO
over in the BMW forums asking the same question they all say the 2011+ inline 6 is VERY reliable and if you don't care about having the V8 is a no brainer. They all recommend 2013+ 740i because of the model refresh. but thats easily $15k+ more then what id be getting this one for.. my Mistake mileage is 72k not 78k
But, of course, that doesn't necessarily mean that your individual car will empty your wallet. Like with any used car, you pay your money and take your chances. If you like it enough that you feel it is worth the chance (and, of course, a 7-series is certainly a nice car to drive if you can figure out all the complex controls), then it's up to you if you want to go for it.
Last edited by mmarshall; 03-23-15 at 06:57 AM.
03-23-15, 07:03 AM
#34
Lexus Test Driver
Exactly its not the engine or the tranny that will suck your bank acc dry, it's everything esle especialy electronics!!!sensors, door motors, computer, electronic switches etc.
That may be true. BMW, in general, does build good engines, despite the tendency of some 1Gen X5 engines to self-destruct or catch fire because of defective cooling fans, and some problems with older M3 power plants. But a car, particularly an upmarket German model, does not have to suffer catastrophic engine or transmission failure to become a money-pit....it just becomes MORE of a money pit if that happens.
But, of course, that doesn't necessarily mean that your individual car will empty your wallet. Like with any used car, you pay your money and take your chances. If you like it enough that you feel it is worth the chance (and, of course, a 7-series is certainly a nice car to drive if you can figure out all the complex controls), then it's up to you if you want to go for it.
But, of course, that doesn't necessarily mean that your individual car will empty your wallet. Like with any used car, you pay your money and take your chances. If you like it enough that you feel it is worth the chance (and, of course, a 7-series is certainly a nice car to drive if you can figure out all the complex controls), then it's up to you if you want to go for it.
03-23-15, 07:08 AM
#36
Lexus Test Driver
03-23-15, 07:59 AM
#38
Lexus Fanatic
iTrader: (20)
first off, must say, car looks awesome. 
second, yes it comes with warranty, so (most) cost is covered, but it's the hassle of being in the dealership (and do you get a loaner?) that makes it not much of a great 'daily driver' (especially for your wife
).
third, i think if you go in with eyes open that you may have problems and should have some money to take care of that you'll be fine. if you go in like some seem to and expect a car with 80k or more to be exactly like a new car you will likely be disappointed.
but i certainly know people who have bought used bmw and mercedes and LOVE them with few issues. others, not so much.
second, yes it comes with warranty, so (most) cost is covered, but it's the hassle of being in the dealership (and do you get a loaner?) that makes it not much of a great 'daily driver' (especially for your wife
).third, i think if you go in with eyes open that you may have problems and should have some money to take care of that you'll be fine. if you go in like some seem to and expect a car with 80k or more to be exactly like a new car you will likely be disappointed.
but i certainly know people who have bought used bmw and mercedes and LOVE them with few issues. others, not so much.
03-23-15, 09:03 AM
#39
Driver School Candidate
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I have family that works at a BMW dealership and E38, E65/E66/E67/E68, and F01/F02 never leave service under $1,000. But usually are ~$4,000. Yes, the E6x are more frequent, but that is because there are more of them that are 80k+ and they are older.
I am not worried about the N54 itself. I would worry about all the other gadgets.
The F01/F02 has only become more complicated and I doubt if will follow another trend than its E6x counterpart.
This is why they are selling it to your for $25,000! how much was it new (only 4 years ago)? 3x that? These things depreciate faster than anything currently on the market for a reason. It depreciated $1000 per month!!!!!!!!!!!
Just wait another year and buy it for $10,000 LOL
Last edited by Zfrog; 03-23-15 at 09:07 AM.
03-23-15, 09:14 AM
#40
Lexus Test Driver
Even a minor on the coverter they may say that you or someone damaged it while driving and they will not pay for it. Another example very common one, say your engine stop functioning, if the mechanic finds out that it was due to low
Oil or no oil, even if the oil came out on its own, they will not pay for it, they will say it is your foult for not making sure you have proper level, etccx and so on!!!
03-23-15, 10:07 AM
#42
Lexus Champion
it does look really nice ..... but...double check to see if the warranty covers the electronics before you buy it.
...and the warranty ENDS at 100K, right?
...and the warranty ENDS at 100K, right?
03-23-15, 10:18 AM
#43
We had a really bad experiences with a used BMW with that ball park mileage. It drove good for a year or two. But once it hit 101k everything started going to *****.
On a different note, my friend had a similar car to the one you are looking at. It even had less miles and the tranny started acting up. The dealer couldn't find what was wrong with it. He had to had to get another tranny put in. Total cost of the bill was $8,000.
On a different note, my friend had a similar car to the one you are looking at. It even had less miles and the tranny started acting up. The dealer couldn't find what was wrong with it. He had to had to get another tranny put in. Total cost of the bill was $8,000.
03-23-15, 10:22 AM
#44
Lexus Fanatic
It is a very nice car, I really like the look of the 7 series and that model is one of my favorite flagship sedans but like most here say, I would be really afraid of what it is going to cost you when problems occur. If it had around 40K miles I might not be as scared to own a expensive top end BMW but around 100K is when really expensive things normally start failing or need replacing on German cars. I would look into asking around on BMW sites how much DIY can be done on it to keep the dealership from hammering you. It may have a warranty but you may be surprised with how much they will refuse to cover or what excuses they give why certain things are not covered in your case, that is not just BMW. If you have a nice chunk of money set aside for expensive repairs and maintenance and add that into what you are realistically paying for it and really want it then you could give it a try but don't expect anywhere near Lexus/Japanese reliability/dealership costs.
Pay attention to what BMW sites recommend for oil/fluids and don't skimp on it because that inline 6 is going to have to work pretty hard to move that big heavy sedan.
Pay attention to what BMW sites recommend for oil/fluids and don't skimp on it because that inline 6 is going to have to work pretty hard to move that big heavy sedan.
Last edited by UDel; 03-24-15 at 09:58 AM.
