This is a single-family-owned 1998 BMW 740iL. The current owner leased it from Rallye BMW, a dealership in Long Island, New York. He loved the car so much that he purchased it at the end of the lease. This car is finished in Alpine White with beige leather interior. It is powered by a 4.4-liter V8 mated to a five-speed automatic transmission. Equipment includes heated and power-adjustable front seats, a premium sound system, dual-zone automatic climate control, a sunroof, cruise control, and 16″ alloy wheels. This extremely well maintained E38 has just over 67k miles. It includes a rare BMW aftermarket navigation system and is now offered by the seller with a clean Carfax report, and a clean Florida title in the owner’s name.
The current owner states the exterior is all original since purchased new. This 740iL has a clean Carfax with no accidents. It has a power tilting and sliding sunroof, fog lights, bright trim, and soft close trunk lid. The seller notes a scratch on the rear bumper trim with a replacement part on order.
The cabin features heated and 16-way power-adjustable front seats trimmed in beige leather upholstery with a matching lower dashboard, door panels, and rear seats. High-gloss walnut wood trim highlights the dashboard, console, shifter, and door panels. Interior amenities include dual-zone automatic climate control, driver-seat memory settings, an electric rear sunshade, and a factory cassette stereo hooked to the optional premium sound system and a trunk-mounted CD changer. The digital odometer reads 67,168 miles and there are no missing pixels in the instrument cluster.
This long wheelbase 740iL has Silver-finished 16” alloy wheels mounted with 235/60 Michelin Premier AS tires. Standard equipment includes four-wheel anti-lock disc brakes, speed-sensitive power steering, and an All-Season Traction (AST) system.
The 4.4-liter M62 V8 was factory rated at 282 horsepower and 310 lb-ft of torque when new. The current owner was very meticulous with regular maintenance. The Carfax shows a recent service with new valve cover gaskets, ignition switch, and drive belts replaced. The owner also recently completed a major service to refurbish the air suspension, replaced the power steering pump, the air conditioning compressor and windshield wiper motor.
This 740iL was loved and cared for by a very meticulous older owner who spared no expense to maintain it. It features a popular color combination of Alpine white and beige leather interior. Automotive journalists heralded the e38 body design as one of BMWs finest. With only 67,168 miles, this 740iL has lots of very enjoyable highway cruising life left.