Model year guide

1998 BMW 740il

Recalls, most-reported problems, crash-test ratings, fuel economy and what a 1998 BMW 740il is worth — from official NHTSA and EPA data. 5 on record.

1998 BMW 740il — representative photo
Representative photo · via Wikimedia Commons

1998 BMW 740il at a glance

Safety recalls1
Owner complaints37
Combined18 mpg

Included: that car's specs and build sheet, model-year recall campaigns and a fair price.

1998 BMW 740il recalls 1

Steering:linkages:drag:link:connection NHTSA Campaign #10E021000 · 27/05/2010

FCP GROTON IS RECALLING CERTAIN STEERING CENTER DRAG LINKS, P/N 32 21 1 096 057, SOLD FROM DECEMBER 1, 2009 THROUGH APRIL 9, 2010 AS REPLACEMENT EQUIPMENT FOR MODEL YEAR 1995 THROUGH 2001 BMW 740I, 740IL, AND 750IL PASSENGER VEHICLES. THE SHAFT OF THE STEERING CENTER TIE ROD MAY SHEAR OFF.

Fix: FCP GROTON WILL NOTIFY OWNERS AND THE TIE ROD WILL BE REPLACED FREE OF CHARGE. THE SAFETY RECALL IS EXPECTED TO BEGIN ON OR ABOUT JUNE 1, 2010. OWNERS MAY CONTACT FCP GROTON TOLL-FREE AT 1-877-634-0063.

Source: U.S. NHTSA, checked 4 Nov 2026. A campaign covers the model year; to see whether a particular car still needs the repair, check its VIN on NHTSA.gov or ask a franchised dealer.

1998 BMW 740il common problems

The most-reported problem areas across all 37 owner complaints filed with NHTSA — and what to check before you buy.

Engine And Engine Cooling
Check coolant level and color, look for leaks, and confirm the engine reaches normal temperature without overheating.
Electrical System
Test every electrical feature: windows, locks, infotainment, charging and all lights. Watch for flickering, dead accessories or warning lights.
Fuel System
Sniff for fuel odor, check for leaks, hard starts or stalling, and confirm the fuel gauge reads correctly.
Gasoline
Have a trusted mechanic inspect this system as part of a pre-purchase inspection.
Service Brakes
Brakes should feel firm and quiet — no grinding, pulsing or pulling. Check for an ABS light and uneven pad/rotor wear.
Power Train
Drive through every gear: watch for slipping, hard or delayed shifts, and shudder. Check for transmission/driveline leaks and noises.

1998 BMW 740il MPG & running costs

Combined18 mpg
City15 mpg
Highway22 mpg
Est. annual fuel cost$3,700
EPA size classLarge Cars
TransmissionAutomatic 5-spd
Passenger volume107 cu ft
Cargo volume13 cu ft
5-yr fuel cost vs average new car$6,500 more

Source: U.S. EPA / DOE fueleconomy.gov.

Estimated 5-year cost to own

A rough guide to what running a 1998 BMW 740il costs over five years and 75,000 miles.

Fuel (5 yrs)$18,500
Fuel only$18,500
Per mile$0.25

How this is estimated: fuel is the U.S. EPA annual cost at 15,000 miles a year. There aren't enough comparable listings to estimate depreciation for this model, so it is left out. Not included: insurance, maintenance, repairs, taxes, registration and finance costs. Treat it as a comparison guide, not a quote.

Dimensions & weight

Length
201.6 in
Width
73.2 in
Height
56.3 in
Wheelbase
120.9 in
Curb weight
4,288 lb
Front track
59.4 in
Rear track
60.2 in

Manufacturer-reported figures for the 1998 BMW 740il. Source: Transport Canada vehicle specifications via NHTSA.

Investigations & service bulletins

Manufacturer service bulletins 11

Technical notes the manufacturer sent to dealers about known issues and fixes. Useful to mention to a mechanic — they are not recalls and repairs may not be covered. Showing the 10 most recent of 11.

The basic conditions for initializing the power windows are not met.

Bulletin B510819 · Electrical System, Visibility · Jan 2024

Radio / Navigation / Head Unit Identification Guide

Bulletin B650916 · Equipment · Nov 2018

SERVICE ACTION: PROGRAM DME: The incorrect dataset could be programmed into DME 5.2.1 control module.

Bulletin B122917 · Equipment · Dec 2017

SERVICE ACTION: PROGRAM DME (FOR O2 SENSORS): Due to DME software error, the following oxygen sensors plausibility fault codes may be stored in DME 5.2.1 control module:

Bulletin B122817 · Electrical System, Engine And Engine Cooling · Dec 2017

REPLACEMENT HEATER CORES FOR E38 VEHICLES. *YC

Bulletin 64 01 98 · Visibility · Mar 1998

INFORMATION ON EVAPORATIVE EMISSION CONTROL AND FUEL FILLER CAP / FILLER DOOR LABELS. *YC

Bulletin 16 01 98 · Fuel System, Gasoline · Mar 1998

SUBJECT ON TANK VENTILATION LEAK COUPLERS. *YC

Bulletin 04 01 98 · Feb 1998

EXPERIENCING AN INTERMITTENT MOMENTARY EVENT WHERE THE BRAKE PEDAL DOES NOT IMMEDIATLELY RETURN. MODELS BUILT PRIOR TO 3/97 *DB*YC

Bulletin 34 01 98 · Service Brakes, Hydraulic · Feb 1998

NEW EVAPORATIVE (CHARCOAL) CANISTER PURGE LINE. ALL E38 AND E39 MODELE INTRODUCED INTO PRODUCTION APPROXIMATELY 3/97 *DB*YC

Bulletin 16 04 97 · Engine And Engine Cooling · Feb 1998

CONDITION WITH BRAKE PAD WARNING STAYS ILLUMINATED AFTER BRAKE PAD REPLACEMENT. *YC

Bulletin 62 01 98 · Service Brakes, Air · Feb 1998

Source: NHTSA Office of Defects Investigation, listed for the 740IL. Model-year data, not specific to one car.

1998 BMW 740il trims & engines on record

Engines
4.4L 8-cyl 282 hp

1998 BMW 740il vehicles on record

Other BMW 740il model years

1998 BMW 740il — frequently asked questions

Does the 1998 BMW 740il have any safety recalls?

NHTSA lists 1 recall campaign for the 1998 BMW 740il. Whether an individual car still needs a recall repair depends on its VIN — check it on NHTSA.gov or ask a franchised dealer. Recall repairs are done at no charge.

What are the most common problems with the 1998 BMW 740il?

Across all 37 owner complaints filed with NHTSA, the most-reported problem areas are engine and engine cooling, electrical system, fuel system.

What gas mileage does the 1998 BMW 740il get?

The 1998 BMW 740il has a U.S. EPA estimate of 18 mpg combined (15 city / 22 highway).

Sources: NHTSA (recalls, complaints, crash tests), U.S. EPA (fuel economy). Vehicle data only — CarLogs never shows owner information.