BMW 7 Series
E38 (3rd Gen) 740iL
Average Price by Year
Compare prices within the same model year
Market Insights
Best Value Year
1998
Price Trend
The market for these 1998 BMW 7 Series models appears stable, with a tight price range. The high average days on market suggests that while demand exists for these specific luxury sedans, buyers are taking their time, likely due to the vehicle's age and the need for careful evaluation. Prices are not showing significant upward or downward pressure currently.
Inventory Level
Low
Buyer Advice
Given the limited inventory and the age of these BMW 7 Series models, thorough pre-purchase inspections by a specialist are paramount. Focus on maintenance history and potential common issues for this generation. The high average days on market suggests patience may be rewarded, but also indicates that buyers are being very selective.
Top 2 Recommended Deals
This deal is highly recommended due to its exceptionally low mileage (87,000 miles) for a 1998 model, significantly below the market average. It also presents a good deal score and a reasonable price point, making it a standout option for a buyer prioritizing condition and longevity.
This listing is recommended for its attractive price point, which is the lowest among the analyzed deals, and offers the highest estimated savings. While the mileage is considerably higher than average, the aggressive pricing makes it a compelling option for budget-conscious buyers who are prepared for potential maintenance associated with higher mileage vehicles.
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