Ownership Cost for 1997 BMW 7-Series 740iL
Estimated: $39022 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1642 | $788 | $690 | $624 | $558 | $4302 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $1902 | $1960 | $2028 | $2109 | $2204 | $10203 |
| Maintenance | $2763 | $2429 | $1161 | $970 | $2291 | $9614 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $448 | $448 | $448 | $448 | $448 | $664 |
| Total Ownership Costs | $9184 | $7868 | $6796 | $6771 | $8404 | $39022 |
| 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. |
| 1997 | FUEL SYSTEM, OTHER | I HAVE A 1997 740IL BMW THIRD OWNER 228,000. I START TO NOTICE IN APRIL OF 2011 THAT WHEN I FUEL THE CAR UP THAT WHEN REMOVING THE GAS CAP THERE WAS A HISSING SOUND. A COUPLE OF WEEKS LATER IT STARTED LEAKING FUEL WHEN I LOOK UNDER THE CAR I SEEN THAT THE FUEL TANK ON THE DRIVER'S SIDE WAS CRUSH IN AND HAD A HOLE IN IT. I HAVE PARK THE CAR TILL I HAVE THE MONEY TO REPAIR IT. I HAVE NOT RUN OVER ANYTHING NOR HAS THE EVER BEEN IN A CRASH AND HAS BEEN KEEP VERY WELL. *TR |
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