M Parallel Spoke Stylin’
As evidence of the shimmering Anthracite Metallic (397) finish on this 2001 BMW 740iL, have a look at the gallery, in particular the shot illustrating a palm tree reflecting off the hood. Impressive.
Much of this condition can be attributed to the first owner only driving the car in summer months and the second owner being located in Southern California. This final model year E38 also features body-color fascias on both ends and side skirts.
The car features chrome trim on the front kidney grilles, both bumpers, and window surrounds. It came equipped with xenon headlamps – shown operating in the gallery – and washers, integrated fog lamps, rain-sensing windshield wipers with heated washer jets, and heated side mirrors.
Under current ownership, the original wheels have been replaced with staggered width 18” M Parallel Spoke alloys, which were a factory option with the Sport Package. They appear to be in excellent condition with gorgeous deep-dish sections on the rears.
Nitto N555 Extreme ZR tires are fitted, sized 235/50 up front and 255/45 out back. They frame cross-drilled and slotted ceramic rotors that the owner added, along with new pads and red-finished calipers.
Additional exterior highlights include mud flaps all around, a front-end cover, custom window tint, Euro-spec side marker lights, and power sunroof. There is no history of paint or bodywork, though a handful of small rock chips are located on the leading edges of the car.
Per the owner, the fog lamps do not work, which he suspects is due to a faulty fuse or relay. Aside from minor surface corrosion on the transmission pan, he notes there is no rust present elsewhere on the vehicle.
The cabin is trimmed in gathered black Montana leather on the seats that extends to the upper door panels along with a black dashboard, carpeting, and floor mats. High-gloss walnut wood trims out the doors, dash fascia, center console, and shifter knob. Throughout the interior, all surfaces show signs of meticulous maintenance.
This car came with 16-way power-adjustable Comfort front buckets that show wear on the side bolsters and backrest creasing on the driver-side but are in otherwise good overall condition. The rear bench looks to be in very good shape and the factory first aid kit is retained. Both front seats and the rear outboard positions are heated.
Wrapped in black leather, the heated multi-function steering wheel frames a set of analog dials shown illuminated in the gallery. Instrumentation consists of a fuel level gauge, 155-mph speedometer, combination 7,000-rpm tachometer and fuel economy meter, and coolant temperature gauge.
Running along the bottom of the instrument panel is a digital display showing 57,848 miles on the odometer and an ambient temperature readout. Aside from a few pixels on the first digit of this temperature display, all pixels appear to be working.
Amenities include power accessories, cruise control, dual-zone automatic cruise control, an auto-dimming rearview mirror, and memory settings for the driver. The factory head unit, which pivots to access the tape deck, has been retained and includes satellite navigation along with a six-disc CD player.
Under current ownership, Bluetooth connectivity and Sirius satellite radio have been added, while the original StarTAC mobile phone has been removed as it is no longer carrier supported.
Door panels show very well all around, as does the gray headliner and condition of wood trim. A clean trunk is highlighted in the gallery with the original cargo net and luggage straps. It also contains the full-size spare in an underfloor bay, drop-down toolkit, and battery.
Like New Engine Bay
This 2001 BMW 740iL retains its original powertrain consisting of a 4.4L M62TU V8 paired with a five-speed Steptronic automatic with manual shifting mode. The TU or “Technical Update” M62 motor arrived as part of a 1999 refresh that added VANOS to the intake camshaft.
The engine made 286 hp and 324 lb.-ft of torque, when new, which is routed to the rear wheels. Factory systems include ABS, Dynamic Traction Control, and Dynamic Brake Control. As seen in the gallery photos and video, the engine bay is exceptionally clean.
Under current ownership, all new front control arms have been fitted by an independent BMW mechanic, who also changed the transmission fluid and filter at 50,000 miles. Receipts for this work will accompany the sale. The radiator and power steering pump were replaced preemptively as well.
Other regular service has been completed by the owner personally with OEM approved products. This includes an engine oil and filter change, differential fluid replacement, and brake fluid flush and refill completed within the last five months.
The owner notes there is a minor oil leak from the gasket sitting below the passenger-side valve cover on the front of the block. Because the valve cover gaskets were changed some time ago, and are currently in excellent condition, the owner did not want to remove the valve cover to address this issue as it is a very minor leak.
One Incredible E38
Located in San Clemente, California, this 2001 BMW 740iL has been with the current owner for the past 11 years. In that time, 31,000 of the original 57,848 miles have been added.
He purchased it from the original owner who was located in Illinois and drove the car only on weekends in the summer. As a result, this beautiful Bimmer has never seen snow or salt-treated roads.
Between that glimmering paint job, spectacular M wheels and careful maintenance by just two owners, you are looking at the opportunity to own an incredible E38 long-wheelbase 7-Series.