Used BMW 7 Series for Sale nearCedar Rapids, IA

How much does the BMW 7 Series cost in today's market?

Used BMW 7 Series prices span a wide range depending on model year. Here's what the market looks like right now:

The BMW 7 Series has a current nationwide average price of $44,086, and its year-round low is $39,686.46. That puts you in a wide pricing band depending on how new you want to go, with recent model years commanding the highest prices and older ones opening up much lower entry points.

Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the BMW 7 Series a good car?

Yes — the BMW 7 Series is a strong pick if you want a flagship sedan that blends luxury, performance, and advanced technology. The all-generations owner rating is 4.53/5 across every model year in the data.

Owners consistently praise the 7 Series for its powerful engines, comfortable ride, and upscale interior. They also highlight its spaciousness and the way it combines long-distance comfort with a more engaging driving feel than many large luxury sedans.

Expert reviews rate the 2024 and 2023 models among the highest across all years.

The main tradeoffs center on complex infotainment, expensive options, and some versions that feel less polished in everyday driving, especially among recent plug-in hybrid models.

31.0% of listings are priced as good or great deals.

Are BMW 7 Series models reliable?

Owners and experts consistently praise the BMW 7 Series for its luxurious feel, strong performance, and advanced technology. Across the model years in the data, it also earns repeated praise for a smooth ride, spacious cabin, and high-end feature content.

• Owners rate the BMW 7 Series between 1.0 and 5.0 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk can be higher on older, more complex examples, so a careful pre-purchase inspection and service-history review matter a lot.

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

Across all model years, accident-free inventory is solid at 75.3% — always verify the vehicle history report.

Older model years carry meaningfully higher accident rates, so always verify the vehicle history report on pre-2022 models.

Key things to evaluate:

• Fuel efficiency: The EPA rates the 750e at 65 MPGe (electric) and 25 mpg (gas) combined, but we saw almost 28 mpg in a week of driving. BMW also claims a 34-mile electric range, but that seems optimistic. By our estimate, we got about 26 miles. The battery takes a little over three hours to juice on a Level 2 AC charger, but it can't use DC fast chargers.

Which BMW 7 Series trim should I buy?

The 2024 BMW 7 Series offers these trims:

• 740i: The entry trim uses a turbocharged 3.0-liter inline six-cylinder engine with 375 horsepower and 383 pound-feet of torque, rear-wheel drive, and an eight-speed automatic transmission. It suits you if you want the most accessible way into the lineup.
• 740i xDrive: This version adds all-wheel drive, and the source calls it the best value. It suits you if you want the strongest balance of price and capability.
• 750e xDrive: This plug-in hybrid adds 483 hp, 516 lb-ft of torque, and a 14.4-kWh battery pack. It suits you if you want the lineup’s electrified option.
• 760i: This V8 trim adds a twin-turbo 4.4-liter engine with 536 hp and 553 lb-ft of torque, standard AWD, and the most vigorous driving experience. It suits you if you want the top-drawer performance and luxury features.

What BMW 7 Series do most buyers choose?

The BMW 7 Series years with the most listings are 2023, 2022, and 2024.

These higher-volume years tend to be the most popular used picks because they give you more inventory to compare and more chances to find the right price, mileage, and equipment mix. They also sit close enough to the newest generations to deliver the modern features many shoppers want.

What is the BMW 7 Series's resale value?

Most model years are down by double digits, which is good news if you’re shopping used because it opens up more value on the market. The newer years show some of the steepest drops, while the older years move down more slowly. That pattern gives you a wide spread of price points, from recent luxury flagships to much more affordable older examples.

The 2014, 2018, and 2016 model years have held their value best, with the smallest year-over-year price changes.

Is the BMW 7 Series safe?

• 2024: 8/10
• 2023: 8/10

BMW now offers a slate of standard active safety features, including forward-collision warning with automatic emergency braking, blind-spot monitoring, traffic sign recognition, adaptive headlamps, parking sensors, safe exit warning, lane-departure warning, and lane-keep assist.

For the safest used buy, the 2023 and 2024 models both post the highest confirmed score of 8/10.

Should I buy a used BMW 7 Series now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −19.98% versus a year ago, and the 2024 model is at −14.6%.
• Deal availability: The 2025 model has 34.7% good and great deals, and the 2024 model has 33.6%.
• Sweet-spot year: The 2023 model has the most listings at a current average price of $62,288. The BMW 7 Series offers a spacious, luxurious cabin that makes it especially appealing for long trips and rear-seat comfort.

Consider waiting if:

• Powertrain/efficiency: For 2024, BMW offers three potent powertrains in the 7 Series. New in 2023 were the 740i and 760i, both using 48-volt mild hybrid assist systems. This year, they're joined by the 750e plug-in hybrid.
• Tech: Behind the wheel, 7 Series drivers are greeted by a massive curved-screen display that melds a 12.3-inch driver's screen with a 14.9-inch infotainment display. Apple CarPlay and Android Auto are included.
• Safety: BMW now offers a slate of standard active safety features, including forward-collision warning with automatic emergency braking, blind-spot monitoring, traffic sign recognition, adaptive headlamps, parking sensors, safe exit warning, lane-departure warning, and lane-keep assist.
• Starting price: For 2024, the BMW 7 Series starts at $97,395 (including a $995 destination fee).

If you're buying used today, the 2023 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for 2028 inventory to mature.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.