How much does the 2016 BMW 7 Series cost?

Prices have softened 9.71% compared to this time last year, making it a favorable time to shop this model year.

There are 412 listings available, which gives you a reasonable amount of inventory to compare.

If you find a listing below $17,933.46, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 BMW 7 Series a good car?

Yes — the 2016 BMW 7 Series earns a 4.75/5 user rating, which points to strong owner satisfaction. Owners consistently praise the powerful engine, luxurious interior, and advanced technology, and many also highlight the smooth driving experience and comfort on long trips. That makes it a strong fit if you want a full-size luxury sedan with a sporty edge and a focus on performance and comfort. With 28.9% of listings marked as good or great deals, you still have room to shop selectively.

Is the 2016 BMW 7 Series reliable?

Owners rate it 4.75/5, a strong signal of long-term satisfaction.

The review summary also points to a car that owners find dependable in daily use, especially when it comes to comfort and the ability to count on it for long trips. That said, used luxury sedans can carry higher ownership costs, so your long-term risk is less about basic satisfaction and more about maintenance and condition as the miles add up.

What should I look for when buying a used 2016 BMW 7 Series?

At 61.2% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report so you can separate clean examples from cars with prior damage. After that, prioritize a pre-purchase inspection, especially on a luxury sedan where repair costs can climb quickly if something has been neglected. Focus your attention on overall condition, service history, and signs of wear that could affect long-term ownership costs.

Is now a good time to buy a used 2016 BMW 7 Series?

This is a moderate market, so you can be selective without expecting every listing to be a bargain.

• Deal availability: 28.9% of listings are priced as good or great deals.
• Inventory: There are 412 listings available.
• Price trend: Prices have softened 9.71% compared with last year.
• Clean inventory: 61.2% of listings are accident-free.

If you find a listing below $17,933.46, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 BMW 7 Series's resale value?

The current average of $18,035 sits slightly below last year's $19,974.

That softer pricing can help you buy more carefully now, but it also means future resale gains may be limited if the market stays soft. If you plan to sell later, condition and maintenance history will matter a lot, especially in a luxury segment where buyers are picky. A well-kept example should hold up better than one with visible wear or a spotty record.

Vehicles with strong owner satisfaction ratings, like this model year's 4.75/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 BMW 7 Series or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 28.9% of listings are priced as good or great deals.
• At 61.2% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 9.71% compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.

The bottom line:

If you want a used flagship sedan with strong owner approval, a luxury cabin, and a softer market price, the 2016 is a sensible place to focus. If you are especially price-sensitive, you may want to compare nearby years and shop for the cleanest, best-documented example rather than chasing the lowest sticker alone.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.