2001 BMW 740i (E38)


  • Only 27,931 miles from new
  • Advisory-free MOT valid until 17th October 2024
  • Comprehensive Japanese and UK BMW service records
  • Superbly presented inside and out

The Appeal

The E38 was the third generation of BMW’s luxury 7 Series and was produced from 1994 to 2001. The E38 replaced the E32 7 Series and was renowned for its levels of comfort and advanced technology. Two models were initially available, the 730i and 740i, equipped with 3-litre and 4-litre engines respectively, carried over from the models’ predecessors. 

In March 1996 BMW added the 735i to the range, dropped the 730i and revised the 740i to give it a 4.4-litre V8 engine. Then in 1998 came another facelift, with minor cosmetic changes and further revisions to the engine. 
This example – one of the last to be made, as the model was discontinued in 2001 – was sold new to Japan and imported to the UK in 2016.  

The E38 7-Series is widely regarded as one of the best BMW models of all time, and many enthusiasts consider it to be the high-point for the automaker’s luxury flagship model. With its low mileage, paperwork and condition both inside and out, this one has to be one of the very best around. 

The History and Paperwork

  • Declared manufactured 2001
  • Imported to UK in 2016
  • Extensive Japanese paperwork
  • Original service record
  • Original leather folder
  • Past MOT certificates 
  • MOT valid until 17th October 2024
  • Recent invoices
  • Mileage would slightly increase by the time the auction ends as its currently in use
The V5 records that the car was declared manufactured in June 2001, marking it out as one of the very last examples, with the last model leaving the production line on 27th July the same year. It was first UK-registered in 2016. It comes complete with detailed service records, in Japanese, not just in the service record book but also in detailed fold-out paperwork. 

 The Condition

  • Classic E38 profile
  • Bodywork in superb condition
  • Alloy wheels in excellent condition
  • New rear tyres, September 2023
  • Immaculate headlamps and rear lights
  • Superb badges and brightwork
  • New roof lining in Dec 2022, at a cost of more than £1000
  • Heated leather seats front and back
  • Electrically adjustable front seats with memory settings
  • Leather-trimmed door cards in superb condition
  • Smart grey carpets and mats
  • Walnut dash trim, centre-console and gearknob
  • Replacement walnut centre console supplied
  • Rear armrest with storage
  • Rear cupholders
  • Electric sunroof
  • On-board computer and TV option 
  • 6-CD autochanger in the boot
  • Cassette player
  • Clean and undamaged boot lining
  • Spare wheel 
  • Toolbox mounted on bootlid, complete with all original tools
The E38 7-series’ design was the work of Boyke Boyer, and is widely considered one of the marque’s most handsome models. Its sleek, understated lines are clearly part of the car’s enduring appeal and modern-classic status. 

This example presents in excellent condition, with no blemishes or evidence of corrosion. The alloy wheels have no damage or corrosion, while the two rear tyres were replaced in September this year and the fronts have plenty of tread. The lights, badges and brightwork are all exceedingly good. 

The E38 7-series was renowned for its refinement, and everything in this car’s interior reflects its low mileage and a history of careful ownership. The black leather seats are in excellent condition, with only some minor wear visible on the driver’s seat bolster. The carpets both front and back have been protected by overmats and, while there is some staining on one of the rear mats, they are generally in superb condition. 
All four door cards have leather trim and are in excellent condition.

The walnut dash trim and centre-console are in very good condition but the vendor will also supply a replacement walnut centre-console panel that came with the car, and which is in excellent condition.  

The screen on the dashboard opens to reveal a cleverly concealed cassette player, but the vendor cautions that the sat-nav is still set up for Japan. It’s possible that this could be rectified with the provision of the correct sat-nav DVD.  

The headlining has been completely replaced and the invoice for this (more than £1,000) work is present in the file of paperwork. The electric sunroof works as it should. 

The boot is as clean and tidy as the interior and there’s a spare wheel under the boot floor. The toolkit, complete with all its original tools, is mounted inside the boot lid.  

 The Mechanics

  • 4398cc V8 engine
  • 5-speed auto gearbox
  • VANOS variable valve timing
  • Full service in April 2023 at 23,952 miles
  • Air-conditioning re-gassed in August 2023
It was clear on the short drive to our photo location that the car drives and handles as it should. The vendor assures us that it drives beautifully with no issues, and he has been diligent in addressing any issues and maintaining the service record. 

Under the bonnet, everything is in good order and again reflects the car’s history of careful ownership, while beneath the car there is no evidence of corrosion or leaks. 


This sale is subject to the Car & Classic Terms and Conditions. By bidding and/or making an offer, you also agree to the following:

If the seller is registered as a private seller, consumer rights stemming from EU consumer protection law do not apply. Car & Classic’s return policy applies.

A non-refundable deposit will be payable if you are the winning bidder at auction or if your offer is accepted, refer to FAQs and T&Cs for details.

This vehicle is “Sold As Seen”, on an “As Is, Where Is’ basis and without warranty. A full inspection of the vehicle prior to purchase and bidding is highly recommended. Photos and descriptions are for guidance purposes only.

✓ VAT is included in the buyer's deposit. VAT may or may not be included in the final bid or offer price, as specified in the listing.

UK-registered cars and motorbikes on Car & Classic are run through an online HPI check, to verify that they show no insurance database markers for damage or theft, and have no finance owing.

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Vehicle specification
  • Year 2001
  • Make BMW
  • Model 740i
  • Colour Grey
  • Odometer 27,931 Miles
  • Engine size 4398
Auction Details
  • Seller Type Private
  • Town Chobham
  • Location Surrey
  • Country United Kingdom
Bidding history
7 bids from 2 bidders
  • sm•••• £13,500 01/03/24
  • sc•••• £13,250 01/03/24
  • sm•••• £13,000 01/03/24
  • sc•••• £12,750 01/03/24
  • sm•••• £12,500 29/02/24
  • sc•••• £10,500 29/02/24
  • sm•••• £10,000 25/02/24
Message C&C Auction Team

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