I don’t think BMW has produced an attractive 7-series since the E38, offered between 1994 and 2001. Sure, later versions of BMW’s flagship sedan are more impressive in other ways: larger, more powerful and more technologically advanced. But they aren’t what I would call classically beautiful. The E38 on the other hand, with its conservative, angular styling, graceful proportions and purposeful stance, is an extraordinarily handsome car. Because of depreciation, you can pick one up for relative pennies these days. For example, I wrote up an early model 740iL a few months ago advertised for just $3,800. But a car that cheap is bound to have expensive repair needs lurking beneath the surface. In truth, if you want a nice E38 that is mechanically sound, you have to spend a bit of money up front to save on potentially exorbitant costs further down the road.
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