Unlocking BMW 7 Series Reliability and Depreciation Insights - SUV VEHICLE

Unlocking BMW 7 Series Reliability and Depreciation Insights

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Summary

  • The BMW 7-Series boasts a luxurious interior, fine technology integration, and unrivaled elegance, setting a benchmark for luxury sedans.
  • The 2024 7-Series scores high in reliability ratings, topping J.D. Power’s list of best premium large cars with an 80/100 score.
  • The cost of maintenance for the 7-Series is higher than average luxury sedans, but BMW offers a complimentary 3-year service plan to offset that.



Since its inception, the BMW 7-Series has been a benchmark for all luxury saloons. There are few cars out there that match its luxurious interior and its finely integrated technology, offering those lucky enough to ride in its cabin an unrivaled level of panache, something that modern cars are increasingly lacking.

The 7-Series is a brilliant blend of all the things that BMW does best. It’s agile, it’s powerful, and it’s luxurious. However, if you’re looking for a car of this pedigree, you might be wondering just what costs you might be incurring over the course of ownership and how reliable you can expect it to be.

We unpack all the details of the 7-Series, focusing on its reliability and its yearly maintenance costs. While BMW has found itself at the top of reliability-focused lists in recent times, we make sure that there won’t be any caveats that you’re unaware of should you decide to bag yourself a 7-Series sedan.


In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from various manufacturer websites and other authoritative sources, including source 1, source 2, and source 3.

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The 2024 7-Series Achieves An 80/100 For Reliability

While it may have been the way of things that luxury cars used to be particularly unreliable, the world has changed and automakers have upped their game. BMW is a prime example of this, with tons of their stable being rated fairly highly in terms of reliability. We explore whether the 7-Series lives up to this expectation.


J.D. Power Reliability

J.D. Power is one of the highest authorities when it comes to reliability, using the opinions of confirmed vehicle owners to justify their scoring. They do, however, lump quality and reliability into one score, but overall they claim that the higher the score the fewer problems there are.

The 2024 7-Series scores 80 out of 100 in their reliability rankings, which means it’s on the highest possible side of the average. This helps secure the 2024 BMW 7-Series the top spot on their list of the best large premium cars.

CarEdge Reliability

While J.D. Power is great for assessing particular model years, CarEdge can reveal a bigger picture when it comes to the reliability of a car on average. They claim that the 7-Series has a 40.39% chance of needing a repair costing more than $500 in its first 10 years of ownership. Granted, this is about average compared to other luxury sedans.

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BMW’s 7-Series Loses More Than Half Its Value Over Five Years

Close up of the rear 760i badge on the 2024 7-Series
BMW

Buying a brand-new luxury car today is something that not many people can do due to the costs involved. Not only are they particularly expensive to buy outright, but the additional options can quickly raise the price tag. On top of this, you have to worry about just how much your new car is likely to depreciate by the time you’re ready to sell it and move on to the next one.

Depreciation

As with most cars, depreciation makes up the biggest cost of ownership on the BMW 7-Series. However, according to CarEdge, the 7-Series will lose over half its value in just the first five years of ownership. They make their calculations assuming that the car will be kept in good condition and driven 12,000 miles a year.


Five years is around the average amount of time that most people will hold on to a new car before moving on. Owning a BMW 7-Series will cost you over $50,000 over five years, just through depreciation alone. Even in the world of luxury cars, that is an absurd amount of money. This does, however, mean that if you buy a used 7-Series that is only a couple of years old you could save tens of thousands of dollars. Even buying a 2023 model year would mean that you save around $20,000 and you still get the newest generation 7-Series.

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You’ll Pay Much More On Maintenance For The 7-Series Than The Average Luxury Sedan

Close up of the front end of the 2023 BMW 760i
BMW

Another important cost to consider when buying a luxury car is the cost of maintenance. While luxury cars have certainly gotten much more reliable than they used to be, complicated electronics and tons of technology mean that when things do need to be fixed it can often cost an exorbitant amount.


Maintenance Costs

The BMW 7-Series is not immune to the added maintenance costs of luxury cars, in fact, it’s quite a bit more expensive than the average luxury sedan to maintain. Over the first ten years of ownership, according to CarEdge, you can expect to fork out $14,453 for maintenance and repairs. This is $2,492 more expensive than comparable luxury sedans.

To offset this concern somewhat, BMW does have an excellent complimentary maintenance plan when you buy a new 7-Series. Included is 3-years or 36,000 miles where services will be taken care of by BMW. This is much better than Audi and Mercedes-Benz, which don’t offer anything.

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The Newest 7-Series Features Some Of The Smoothest Powertrains Out There

Engine bay of the 2023 BMW 760i
BMW


Now that you know the costs associated with owning a 7-Series, what do you actually get for what you spend? One of the most important factors in any car is the powertrain. BMW has been at the top of their game in terms of developing engines and the heart of the 7-Series is a brilliant silky-smooth example.

Performance

Model

740i

750e

760i

Engine

3.0-Liter Hybrid Inline-Six

PHEV 3.0-Liter Inline-Six

4.4-Liter Twin-Turbocharged Hybrid V-8

Transmission

8-Speed Automatic

8-Speed Automatic

8-Speed Automatic

Horsepower

375 hp

483 hp

536 hp

Torque

383 lb-ft

516 lb-ft

553 lb-ft

Driveline

RWD or AWD

AWD

AWD

0-60 MPH

4.9 Seconds

4.6 Seconds

4.1 Seconds

Top Speed

155 MPH

155 MPH

155 MPH


(Source: BMW)

You have different choices when it comes to the powertrains in the 7-Series. The 740i is the entry-level and comes in rear-wheel drive but can be optioned with all-wheel drive. The 750e is the plug-in hybrid model and can only be optioned in all-wheel drive. The 760i is the range-topper and features a massive twin-turbo V-8 and all-wheel drive.

What is so impressive about the powertrains in the 7-Series is that they are all incredibly smooth. While they all output an impressive amount of power, they are also quiet and composed, which is particularly impressive when we’re talking about the V-8. While driving this car can certainly be fun, there’s no question that they’ve designed it to be a classy experience best enjoyed from the rear seats.

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BMW Puts Comfort First In The 7-Series Luxury Sedan

Close up of the 31-inch theater screen in the back of the 2023 BMW 760i
BMW

The full-size luxury sedan segment is filled with cutting-edge technology and the highest levels of comfort. The 7-Series lives up to this with a bunch of unique offerings and materials that you won’t find anywhere else. While it can definitely be exciting to sit behind the wheel of this car, you’ll find that the back row has the best seats in the house.

Key Features

  • Optional Full Merino Leather Upholstery
  • Open Pore Wood Trim
  • Automatic Doors
  • Rear Reclining And Massaging Seats
  • Bowers And Wilkins Diamond Sound System
  • 4K Resolution 31-Inch Theater Screen

While in previous generations the 7-Series had fallen short of the mark, being consistently outperformed in terms of luxury and technology by the Mercedes-Benz S-Class, it is fair to say that BMW have upped their game and made one of the most luxurious German cars ever. The 7-Series is one of the most opulent and technologically advanced vehicles on the market.


Every surface of the 7-Series is covered in the finest materials, with rich leather and high-quality open-pore wood littering the cabin. Comfort is key, especially in the rear seats, with adjustable headrests and power-adjustable massaging seats ensuring that you’re completely relaxed on any journey.

In terms of technology, the 7-Series is just as packed. With the highest-end sound system you can find in a luxury sedan, you’ll feel like your BMW is serenading you. A long single pane of glass houses both the digital gauge display on the driver’s side and the infotainment system. The star of the show, though, is definitely the giant theater screen for the back seats which has 4K capability and includes Amazon Fire 4K streaming.

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