"Was a good car in all. Frame felt solid. Think it was a little short on some of the appointments and build qualities, like having effective cup holders for a $65k car. Exterior rubber was dissolving towards the end of us having it. Window regulators broke all the time (every window broke twice at $400 a whack!). Everything was overly expensive to fix. Bought a MBZ to replace. Let's see if that is any better. Had the car for 13 years, so you can't say we didn't give it our best, and gives you a good idea of BMW endurance."
"Having the pleasure of owning 4- 7 series Bmws both in Europe and in the U.S I can honestly say that it is and always will be the ultimate driving machine, Blasting down the Autobahn or tooling around at the 60mph limit, it is impossible for me to keep my foot out of it. But it is costly to get the car serviced and repaired here in the U.S. In Europe there is always a friendly Bosch dealer or parts store around every corner. BMW seems to have the monopoly on parts here. I buy a lot off the internet and salvage yards in California to upgrade or repair. I also bought me a ISO reader to plug in and read the fault codes every time the engine service light comes on. There is no other car for me as the E38 1995 to 2001. All the other 7 series after that look like someone left the trunk open,
owned a 750i,735i,740il"
"I have owned a couple of BMW's and I swear by them. Nothing else drives like a BMW. had a 93' 3 series and put 176,000 on it and the only thing I ever replaced was the Water pump/radiator and the clutch. It started every single day!
I bought this 2001 740il sport with 54,000 miles on it and have had nothing but problems.
glove box latch
2 cam sensors
alignment because front tears were wearing due to toe-in
and for the last month I have had the car in the shop 4 seperate times for radiator fluid leaks, first a hose, then got it out of the shop and that same day drove about 30 miles and the expansion tank blew, then had to replace the cam sensors two days after I got the explansion tank replaced, and now a week later I am leaking radiator fluid again. This is a nightmare to have this on a car with less then 70,000 miles.
BUT- I this is the ultimate driving machine. Comfort is unreal, performance is like nothing else because no other sedan is this heavy. I love driving this car on the highway. The problem is they started making all these part with plactic, so they are cheap and break.
So flip a coin, do you want a car when it is not having machanical problems that is just flat out awesome and stylish, well if you do be prepared to spend a lot of time and money in the shop. Word to the wise get yourself a VERY GOOD/VERY REASONABLE Mechanic, not the BMW dealership mechanics."
"I had always wanted a 7 series or a jaguar and am a bit of a car nut having already driven infinity, stealth, Porsche. Got a 99 jag xj8 with 21K and drove it for 5 years. I loved the jag, but at about 125k miles, it started for feel a little old. I traded for a 2001 740 IL with 72K on the clock. WOW. I couldn't believe the difference. It feels like a new car every time I get in it. The only maintenance beyond normal was power steering hose and radiator at 110K. The ride is incredible, power undeniable and gas milage in the 25 mpg range at 75+ mph. It now has 123K and going strong. I bought 98 740i for my son with 92K on it and it also drives like a new car. I am a believer. The ultimate driving machine is an understatement."
"After owning 2 of these cars, I feel that I could never find another car that is as awesome as an e38. The car is as fast as a 350z and is awesome on long trips. Plus, it has the most leg room of any other car I have ever been in. The v8 has plenty of power, which some people claim 0-60 in 6 seconds flat.
For more info, go to the bimmerforums in the e38 section, and the helpful people will answer all of your questions.
This car gets a lot of attention where ever you go. The only downside is the repairs, which can be expensive, but it was a $60-100k new, so you should expect it. The car is reliable in the sense that it should not let you down very often, as I have only broken down once, and a second time was when there was a crack in the radiator overflow, but the car had 160k miles on it. 10 years of happy owner ship!
The car I think is also the best looking car ever, which you can modify if you want to make it a dream car very easily."