How much does the 2024 BMW i7 cost?

Prices have softened 23.94% compared to this time last year, making it a favorable time to shop this model year.

There are 285 listings available, which suggests you have some room to compare options.

If you find a listing below $69,349.52, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2024 BMW i7 a good car?

The 2024 BMW i7 stands out as BMW’s flagship sedan turned electric, which gives you a luxury EV with a familiar sedan-first character. It blends the brand’s flagship identity with electric power in a way that feels distinctive rather than experimental.

That makes it appealing if you want a high-end EV with BMW’s traditional luxury-car feel. 35.4% of listings are priced as good or great deals, which gives you a meaningful share of the market to target.

What should I look for when buying a used 2024 BMW i7?

Accident-free inventory is excellent at 93% — clean inventory, standard diligence applies.

You should still run a vehicle history report and verify service records before you commit. A pre-purchase inspection is especially important on a luxury EV, where you want to confirm overall condition, electronics, and charging-related components. Focus on wear, cosmetic condition, and any signs that the car has been used heavily despite its premium positioning.

Is now a good time to buy a used 2024 BMW i7?

This looks like a moderate, selective buyer’s market, so you can shop carefully without expecting every listing to be a bargain.

• Deal availability: 35.4% of listings are priced as good or great deals.
• Inventory: There are 285 listings available.
• Price trend: Prices have softened 23.94% compared with last year.
• Clean inventory: 93.0% of listings are accident-free.

If you find a listing below $69,349.52, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 BMW i7's resale value?

The current average of $69,512 sits slightly below last year's $91,394.

That drop suggests the market has moved down meaningfully from where it was a year ago. If you buy now, you may be entering at a lower price point than earlier shoppers did. For a future seller, that means resale value will depend heavily on how well your specific car holds condition, mileage, and desirability over time.

Should I buy a 2024 BMW i7 or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 35.4% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 93% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 23.94% compared with last year.

Consider the 2023 if:

• It introduced the i7 as BMW’s first all-electric version of the 7 Series.

The bottom line: The 2024 BMW i7 makes sense if you want the current-year market with a solid share of deal-priced listings and strong accident-free inventory. If your priority is simply getting into the model at the lowest possible entry point, the 2023 is worth a look as a price-sensitive alternative.

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