How much does the 2024 BMW i7 cost?

Prices have softened 23.90% compared to this time last year, making it a favorable time to shop this model year.

There are 284 listings available, which suggests you have some room to compare prices and conditions.

If you find a listing below $68,789.51, 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 is a luxury electric sedan that gives you BMW’s flagship experience in an all-electric format, with the brand’s traditional sedan character still intact. It stands out for its comfort, handling, and technology, while also bringing the distinct appeal of an EV version of BMW’s top sedan.

That said, you should weigh the design, limited cargo space, and the fact that advanced safety features are not standard. 30.3% of listings are priced as good or great deals, so there is meaningful value in the market if you shop carefully.

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

Accident-free inventory is excellent at 93.3% — clean inventory, standard diligence applies.

You should still run a vehicle history report and verify that the car’s condition matches the listing photos and description. Prioritize a thorough inspection of the battery-related systems, electronics, tires, brakes, and interior wear, since luxury EVs can be expensive to refresh if they’ve been neglected.

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

This looks like a moderate market where selective buyers can find opportunities if they compare listings carefully.

• Deal availability: 30.3% of listings are priced as good or great deals.
• Inventory: There are 284 listings available.
• Price trend: Prices have softened 23.90% compared with last year.
• Clean inventory: 93.3% of listings are accident-free.

If you find a listing below $68,789.51, 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 $68,790 sits slightly below last year's $90,396.

That drop suggests the market has moved in buyers’ favor, which can help you today but may also affect what a future seller can expect. If you buy near the low end of the range and keep the car in strong condition, you’ll be better positioned to limit depreciation pain later. For a luxury EV like this, condition and mileage will matter a lot when it’s time to resell.

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:

• 30.3% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 93.3% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 23.90% compared with last year.

Consider the 2023 if:

• At $63,553, the 2023 costs less than the current year's $68,790 average.
• The 2023 introduced BMW’s all-electric flagship sedan.

The bottom line:
You should lean toward the 2024 if you want the stronger current-market mix of inventory, condition, and pricing momentum. If your priority is saving money upfront, the 2023 is the better value path, especially if you find one in excellent condition and can live with the older model year’s lower average price.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.