E38 750il ownership insight

New for 2014. A sub-forum for owners to summarise their ownership of a particular model. Not a full blown road test but highlights for potential owners to read and consider.
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Discostew38
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Posts: 2863
Joined: 10 Sep 2013, 12:40
Car model: E34-M5
E36-328 touring
E46-330d touring
Volvo-940
Location: Bedfordshire

E38 750il ownership insight

Post by Discostew38 » 17 Aug 2014, 15:03

Image
BMW E38 750il long wheel base
Year of car 1995
Year bought 2005
Mileage when bought 102'000
Price paid £4000
Price I sold it for £5000
Running cost 26 MPG
Tax cost (pre 2001)

In brief

E38 750 5.4 V12 aprox 350bhp 400mn torque auto gearbox with manual and sport mode
I was the 3rd owner of this and it came with loads of bills including the bills of sale
It was bought in 1995 for £66000
Then sold to the guy I bought it off in 1998 for £44000 and then I paid just £4000 for it and that's a lot of car for £4000
One of the bills was for a new engine at 60'000 miles at the cost of £11000 when I asked why it needed an engine the owner told me that it went into bmw for a service and they didn't fit the oil filter correctly and the engine stopped working on his way home
I've always been a fan of big luxury cars and I've had my fair share of them and the 7 is one of my favourite ones
As for spec well it would be easier to list what it didn't come with
Best thing about the car was that V12 engine as big as this car was it would still hold its own against a hot hatch and would leave most for dead from a mid range start to top end speed

Nice car to just plod about in comfort but yet still sporty if needed

Only modifications I done was the 19" breytons bought them cheap because they needed a tyre (front) so I thought I'd replace both fronts ( big shock when I got the bill £550 ) for two tyres " now I know why they were cheap"

Sold it When we moved from Essex to Bedfordshire as my commute went from 10 miles a day to 90 miles a day
As I write this now I wish I'd kept it but I did keep the M5 and my Old jag so something had to go

Would I have another E38 yes but only a V12
Life's to short to be driving boring cars
It's all about the old school

MIK3
BMW Enthusiast
Posts: 83
Joined: 04 Aug 2015, 18:55
Car model: Bmw E38 750iL

Re: E38 750il ownership insight

Post by MIK3 » 30 Nov 2015, 16:40

Nice write up. Did you have to replace anything during your ownership ?

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Discostew38
BMW Enthusiast
Posts: 2863
Joined: 10 Sep 2013, 12:40
Car model: E34-M5
E36-328 touring
E46-330d touring
Volvo-940
Location: Bedfordshire

Re: E38 750il ownership insight

Post by Discostew38 » 01 Dec 2015, 14:25

MIK3 wrote:Nice write up. Did you have to replace anything during your ownership ?
Only thing I had to replace was one front lower arm (ball joint play) but even with the ball joint hanging out I still took it to the Nurburgring for a weekend and raced it round
Quality German engineering :thumbup:
Life's to short to be driving boring cars
It's all about the old school

MIK3
BMW Enthusiast
Posts: 83
Joined: 04 Aug 2015, 18:55
Car model: Bmw E38 750iL

Re: E38 750il ownership insight

Post by MIK3 » 01 Dec 2015, 16:37

They are so well made. I got a bush to change on the front as its knocking. Wouldn't know it needs changing as still driving the same.

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