Ownership Cost for 1998 BMW 7-Series 740i
Estimated: $35933 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $984 | $472 | $413 | $374 | $335 | $2578 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $1902 | $1960 | $2028 | $2109 | $2204 | $10203 |
| Maintenance | $2763 | $2047 | $927 | $468 | $2291 | $8496 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $282 | $282 | $282 | $282 | $282 | $417 |
| Total Ownership Costs | $8359 | $7151 | $6261 | $6003 | $8159 | $35933 |
| Model year | COMPONENT | Complaint |
| 2006 | POWER TRAIN:AUTOMATIC TRANSMISSION | TL*- THE CONTACT OWNS A 2006 BMW 750. THE VEHICLE HAS A TRANSMISSION THAT SHOULD AUTOMATICALLY SHIFT THE VEHICLE TO THE PARK POSITION WHEN THE START/STOP BUTTON IS DEPRESSED. THE CONTACT DEPRESSED THE START/STOP BUTTON AND NOTICED THAT THE VEHICLE STARTED TO ROLL FORWARD APPROXIMATELY 2 SECONDS AFTER THE ENGINE LOST POWER. HE WAS ABLE TO DEPRESS THE BRAKE AND STOP THE VEHICLE. THE CONTACT STATED THIS ALSO OCCURRED APPROXIMATELY 2 WEEKS LATER. THE CONTACT PARKED AND EXITED HIS VEHICLE, UPON HIS RETURN THE VEHICLE ROLLED BACKWARDS APPROXIMATELY A HUNDRED FEET AND CRASHED INTO A LAMPPOST. THE ROAD CONDITIONS WERE CLEAR ON BOTH OCCURRENCES AND THE VEHICLE WAS PARKED ON A FLAT SURFACE. THE PARKING BRAKE WAS NOT ENGAGED. THE DEALER STATED THEY ARE UNABLE TO DIAGNOSE THE FAILURE. THE CURRENT MILEAGE WAS 7,000 MILES. |
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