Faults:

The radiator cracked around plastic tank. Small power steering leak, otherwise trouble free.

General Comments:

The ride and interior comfort are outstanding. Engine power is awesome and it handles like a much smaller car. My wife and daughter who are both small find the car very easy to maneuver even though it appears large. Fit and finish is near perfect and car has a solid tank-like feel.

Faults:

Radiator cracked at 59,000 miles, no apparent reason. Built in telephone had to be removed as technology had become obsolete.

General Comments:

A very solid tank like feel, yet surprisingly nimble given its size.

Great for cruising on long trips at high speeds.

Also fun to put in manual transmission mode and shift on country roads, car seems to like being pushed hard.

Faults:

You know, I am very impressed with the reliability and everything else of my 99 BMW 740 IL. I drive it like a maniac, doing 120-130 mph every time I'm on the highway, accelerating 0-60 under 6 seconds, smoking all the infinitis, lexuses, Mustang GTs, and Z28 Camaros on the road. And I NEVER (THANKS GOD)have had a serious powertrain problem (I will knock on wood)!

I got it with 42000 miles on it, a one owner-fresh trade in for the new 745 LI. It now it has 50000 miles. I have changed the oil a couple of times, adding an oil treatment to it as was sudgested to me by a mechanic who tunes and upgrades BMW for the shows and street races.

Also, I have replaced the exhaust on my car; I put the sports "Hamman" exhaust ($1500) that was originally meant for the 540i. I estimate that it added about 35-45 horsepower which would make over 315hp for the engine.

Before I did that, I had to replace the catalytic converter because it got clogged and every time I floored the gas pedal, the computer shut down the right side of the engine as the exhaust gases could go nowhere and the engine couldn't properly function. That was about $850.

The "tune up" for my car: replacing the spark plugs and all other little things was $475, and the oil change was a little bit over $50.

In general I could say that this car is definitely worth EVERY penny you will put into the maintenance and repairs. I thing that the BMW 740i & il are two OF THE BEST PRODUCTIONS CARS EVER MADE.

General Comments:

As I wrote in the previous space, I think that the BMW 7 series is one of the best production cars on the planet. I used to be a car dealer and I had A LOT of different highlines go through my hands: Lexus, Mercedes, Infinity, Audi, BMW, and obviously I drove every one of those vehicles.

You know Audi is not bad, especially the A8. I might even put it in the same class as my car. It's not as quick, probably as smooth, but doesn't handle as well and doesn't take turns as well as my BMW 740 does (I take a pretty sharp turn doing 75-90 mph WITHOUT ANY problems).

About 2 month ago I changed the exhaust system on my car; I put the $1500 "Hamman" exhaust that originally was meant for the 96+ 540i. This modification boosted my car's horsepower like crazy. I estimate at least a 30-40 hp increase. Before that my car used to do 0-60 in 6.7 -6.8 seconds, now I'll be doing 60 in a little over 5 sec! And this is the IL version.

I had a guy in a Z28 Camaro trying to smoke me. I beat him SO BAD that it was not even funny! From the start to 20 mph he was little bit ahead of me, cause my car is almost a 1000 pounds heavier than his, but this weight difference didn't save him. I beat him almost by 2 car bodies.

I would strongly recommend the 96-01 740il BMW to anyone who is looking for the TOP luxury vehicle (cost over $80,000 new) with monster performance, sports car handling and the smoothest ride. Good luck to everyone who is looking to buy one!!! YOU WILL NOT BE DISAPPOINTED!!!