1 Year Cost of Ownership BMW 7 series (e38)
WHAT IS UP TEAM!!!! Been a minute since I have graced your tiny mobile screens with my magnificence, and for this comeback video, I am getting REAL with how much I've spent on my E38 over my first year of ownership.
▶ TIMESTAMPS
00:00 INTRO
02:29 EXPENSE CATEGORIES
04:14 OIL CHANGE [ • HOW TO: Oil Change BMW... ]
04:59 BELTS AND PULLEYS [ • HOW TO: Replace fan be... ]
06:01 TRANSMISSION SERVICE
10:38 MUFFLER DELETE [ • The Forbidden Mod: BMW... ]
11:00 SPARK PLUGS [ • HOW TO: Spark plug rep... ]
11:13 M5 CLUSTER UPGRADE [ • BMW 7 Series (E38) get... ]
12:21 VALVE COVER GASKET [ • HOW TO: Valve Cover Ga... ]
12:54 CRANK CASE VENTILATION VALVE [ • HOW TO: CCV valve repl... ]
13:55 TIMING CHAIN TENSIONER [ • HOW TO: Timing Chain T... ]
15:00 TIMING CHAIN GUIDES
16:44 GRAND TOTAL
18:06 WHAT ABOUT RISING GAS PRICES?
19:19 CONCLUSION
#740i #bmw #e38
Just got my 98 740i in great condition surprisingly & 200,000 miles with no check engine also everything from the ac to sunroof still work . Love it
These cars are well built and they last if the maintenance is not skipped on, 200k is great!
My sunroof just started getting stuck when I hit the switch to go back smh 2001 740il
I don’t even have an E38 but love them to death. Just stumbled on your channel and this video is great. Subbed.
Heyyy that’s the spirit, thanks a million!
CONGRATS man the first of many 1000`s to come ! I have virtually done exactly what you have done to my 728i, which is much more common in England. No cat delete but changed the fuel pressure regulator when I did the valve cover plugs etc. Incidentally I used BRISK racing plugs about the same price but a noticeable difference. As regards price the total including purchase, running costs & petrol is about the same as the mileage you travelled around 8500 so effectively 1 dollar a mile !!! I would say that's good value. Mine is on 184k and going strong, great cars if maintained properly. Love the 3D plaque ! Peace & love to you & your lady. Andrew.
As always thanks for your kind reply brother. The fam is doing well and life goes on. My next video will explain a bit more about my recent up and downs.
Good info brother. I bought 2001 740IL for $3,500 with 160,000 miles on it.... 3 months in I had to have the valve cover gaskets replaced along with the alternator gasket replaced. Ran about $1,000 with me supplying the valve cover gaskets. I've also changed the spark plugs and all 8 coil packs due to the oil leak causing a misfire. Also had to replace the driver door window motor. Also upgraded all the speakers to Bavesounds replacement speakers. Other than that. It runs smooth now. Now I'm going to work on the interior... New headliner and carpet .. then bodywork.... But the timing chain money is already in the bank. Just waiting for it to happen... Lol Thanks for all the info. One of the only English channels that give info on this awesome car. Cheers bud 🍻
Oh man thank you so much! Please share it on the forums you frequent and FB, it helps me a lot!
Hi from England. I have owned two 740s. The ultimate driving machine !. New to your chanel, enjoyed the video. Keep up the e38 content. Wish you every success with your videos !!
Welcome aboard! Thanks for watching and don't forget to subscribe 🙏🏽
I have an E38 myself here in the UK. Nice video, Very informative. Keep it up mate ❤
Just coming across your Chanel But so far your one of the most realest, in detailed car guys I’ve seen…. Just amazing 🔥🔥. This helps and I’m looking to get an E38 soon
OH MAN thank you so much for the kind words, it means the world to me. I'm glad you found my channel, subscribe if you haven't already
Really enjoy yer channel. Good information with some passion! I own my 740i for 7 years now. 3 months ago i bought a 735i with a 5 speed. Im gonna save it from the scrapyard with my meager wages but alot of love. Cheers dude wish you and family all the best. 10k subscribers in 2022
Thanks so so much for your support and good wishes!!! I’m glad to hear you will fight the good battle and keep another e38 on the road for years to come!!!
Love your channel man ♥️💪🏻
Oh thanks brother, means a lot to me!! Please subscribe, helps me out a lot!
I own a 1999 728i and I love it. As you said most of the work can be done without much of a fuss and cost. Changed the tranny fluid, filter and all other fluids and she purrs like a happy cat. Removed the EDC shocks as they were shot and swapped with a stock set including the correct mounts. replaced the lower front suspension at the same time along with brakes. Valve cover gaskets, sump gaskets, plugs, faulty MAF and a fuel regulator later, no leaks. However one of the valve springs broke one day on the highway and had to do a top end overhaul. Used the opportunity to replace all cooling and fuel hoses and engine mounts. All in all, worth every penny! Cant compare a 38. regardless of year or powerplant. Greetings from Sunny Sri Lanka!!
Thanks for the awesome post! I’m glad to find other e38 enthusiasts all over the world!
Awesome video, glad I stumbled across it. I laughed through your video as I've done everything you mention (except the cluster) and more over the years. The E38 is just awesome, I've had mine since 2008...a 2001 Sport built in the last month of production so has the widescreen. Bought it from the original owner. Take care of them and they last, but for sure not an Accord or Camry. Easy to work on. The lifetime fluid in the tranny is a joke, I installed a dipstick so drain/fill is easy and zero issues. For someone who is not afraid to get their hands dirty and appreciates the awesome German engineering of this era, highly recommended. Interesting that in the beginning of the video you mention "cult status rising rapidly".....I did not know more folk are beginning to appreciate these fine machines. Can't imagine how yours sounds with the mufflers removed, probably to loud for my taste but the sound must be awesome !!!
These cars are awesome indeed! As cars get more technologically advanced, the more analog cars of the early 2000s are going up in value and the e38 is next
Saving up, gonna be my first car. also this guy gives badass uncle vibes.
I'm like the uncle that DOESN'T touch you and let's you do borderline dangerous stuff when your parents are out.
My man, you are super helpful. Killer deal has arisen with a close friend selling his 01 IL for a close friend price and I've been on the fence because I am worried about the maintenance cost. I am tool savvy and have always worked on my cars in the past, just never a BMW. Like you I am not afraid to do my own maintenance but I don't want to work more just to own my car to work if ya feel me, thanks for the information and advice very helpful!
Thanks for your support and your subscribe, share with other BMW peeps!
What a great video, you're a natural. I've sub'd, I'm sure your channel will grow quickly if you continue to put out great content like this. Keep it up!
🙌🏾
I bought a 2000 750 1 1/2 yr ago as a non runner,sitting over 5yrs out doors,I had it brought back to life,2 batteries,fuel pump,radiator,liquid Molly oil change ,4-new tires,complete detail,,so I’m still not at a daily ,but working there .Leonard TX
Very informational. My transmission give me problems at cold starts. But drives fine. After warmups. But you gave a lot of details.
Thanks for checking out the video! 🙏🏽
Do you feel shaking at cold start in park? Or are you actually having shifting issues.
@@masonkelly6694 I have shaking starts only when it’s cold.
Firstly, great video! Made me feel amazing about myself and my car! Down to business... So, I bought my e38 m sport for $1,400.00 back in 2017... It wasn't very well cared for. The oil filter fell apart when I when to change it... Mismatch spark plugs and ignition coils... Rear wheel was on the front... But the paint and body were in good condition for a Michigan car of its age. I've done a lot of work to my car... Front and rear suspension, LCM, spark plugs and coils, fuel filter and pump, o2 sensors, MAF sensor (multiple times), tires, recalibrated the sunroof, changed the brake fluid, all intake gaskets (including the oil separator), air filter (twice), valve cover gaskets, fuel injectors, various rubber fuel lines, wheel speed sensors, replaced a rear axle and hub assembly, new battery (twice), fixed my glove box and front cup holder, replace the hood emblem (two times (they keep blowing apart on the freeway! 😆)), and installed my own stereo system. I've driven my car across the county twice now. When I bought it, it had about 130k miles on it. It now has about 150k miles on it... If I tally up everything apart from fuel, I doubt I've spent $6k on my car including buying it lol. I'm going to dump a ton of money into it... Needs struts but I might go with coil-overs. I kinda want to replace the timing chain guides just for peace of mind. I want to change the fluid and filter in the trans. Paint and bodywork to fix the blisters and whatnot, the headliner is sagging, retint the windows, leaks oil and trans fluid (which is the same for power steering on this car... I think...?) but it's leaking from the hose near the clamp at the top. The oil leaks from basically everywhere, so I kinda wanna take the engine out and go over everything. I need to fix my cluster too, but I have a newer one (2010) with good pixels and stepper motors, I just need it reprogrammed or the parts changed over. I'd also like new floor mats. Maybe a twin turbocharger setup or a supercharger, possibly a nitrous oxide kit... Rear quarter curtains... Rear lights could stand to be replaced too... If I do add a supercharger or something like that and upgrade the struts, I'm going to want some sticky tires, so maybe another set of wheels? Kinda being able to go from 0 to 120+ mph in less than 11 seconds...but I do like being able to average 24-28mpg...
How are you getting 24-28mpg on a 740i? Also thanks for watching, please share on forums and facebook, helps me a lot!
I'm considering of buying E38 735i with extremely low mileage (~90k miles), and I'm into researching ahead. Found Your channel, immediate subscribe, thank You for giving so much info for it! Keep it up!
Absolutely, thanks for subscribing!
Do it!
Just stumbled upon this video. It was fun watching this. New subscriber here.
Hells yeah!! Thank you so much!
You rock, brother!!!
Thank you man!
I got my e38 sport from Japan like maybe 5 years ago, also aspen silver metallic. And it’s been the best car I’ve ever owned. Only ever blew a coolant hose once. Sport mode is very fast and just a beautiful solid car.
Agreed!!! ❤️
This video was great. The plaque your wife made you is great, my wife doesn't do things like this. Looking at a 96 740il with less than 50000 miles full service history for around $8000 lowered alpina 19s and aftermarket coilovers
I am the luckiest guy with my wife bro, thanks for the support. Just the other day I met a guy with a 29000 original mile e38
I like your 7 series and your channel I have 3 bmws and love them all they are worth the trouble
Thanks brother, I love mine, what BMWs do you have? Thanks for subscribing!
@@ARPerez 99 Z3 roadster 5sp 2009 E92 328i coupe 6sp manual 2020 X2 xdrive28i all low mi all black 😎
I have an E38 and really wanted to watch this. As soon as he said he missed me I said, “I can’t do this”. The answer is whatever goes to shit that year.
Skip the part that threatens your sexuality and watch the rest, it's worth it. It ain't gay if you don't like it.
@@ARPerez Odd you would default to there being a gay issue. Not the case at all. Just a little too much hype to get through the intro. Good luck.
This content is great
Appreciate the kind words!
Your wife sounds like a good catch, bro.
She is
Making me want one again when I stopped searching because I was struggling to get a good example
DOIT
I had a lot of luck by 3O3ing all the plastic and rubber under the hood and it seems to of held up really well. All the other stuff I pretty much done just like you.
I have heard very little about 303, thought it was just another armorall
AR Perez It’s a German made rubber and plastic preservative it’s almost like 2% milk spray it on liberally when the object is clean and dry and let it soak in. It really works well for me I’m in California so getting my tires in such a way sun blasted is an issue.
Well... thats still double of what I pay for my 530d per year, and I can't fix anything myself... I calculated too, that I pay roughly the same for diesel than what I pay for Maintenance and service. I love the e38, but it would not be worth the double of running costs for me. That said: The works you did or got done sound reasonable to me. Give or take the muffler delete and the bling-bling.
So your opinion is to get one as a daily? If i get one with low mileage
Have you had to deal with Coolant leak from water pump to accumulator at the back of the engine? Usually the O-rings for the two transfer pipes running from the pump to the accumulator.
nope, but that is the least of my problems right now, check out my latest video!
So lovely prize for 1000 subscribers
Thank you so much 😊
Eric awesome video like always I want to ask you about a wanning sound in my factory radio on my 98 740I it has a DSP I will like to replace it but every stereo I have found won't run all my speakers and I replaced all the speakers if you have any idea what that sound will be I be interested to know thanks 740I Boss
A lot of times that's interference, do you have other electronics running?
@@ARPerez No sir I even unplug it the phone on the arm rest but not sure how to unplug it from the main brain. I did try to unplug the phone fuse but it kills the stereo. The thing is that I can't remember if the winning sound was there before I replaced all the speakers ? They was so bad that I waited to get new ones to listen to the stereo . Well If you find anything about it let me know . By the way your 740 looks nice . thanks
I think I have the same or similar problem, it's more like a permanent hiss, even when the radio/sound is off, which is by far the most annoying part of it. When I turn the radio on or off I can "hear" silence for a fraction of a second, then hiss again. I too did replace all speakers but I doubt that's the reason for it. Did you find out the cause? Could it be some kind of road noise cancelling tech?
@@mr_che My radio noise goes away when is off or I turn the volume completely down
@@ricorengue ok I see, then is a different thing. Thanks for replying
I got one with 120k miles 01 740il. Engine started smoking and was totaled out
What about the vanos you have any information on it?
I do not, my vanos has not given me any problems yet
👍🏽🇸🇦
the V12 verson of the e38 is way more reliable
She was tryna get some is why she parked there.
lol
🤣🤣🤣🤣🤣🤣
Try to buy from the bmw vendors that are out there...not autozone...keep the small guys in biz..
I only buy parts from Pelican/FCP/Turner etc. But fluids are easier and cheaper at the local parts store
@@ARPerez I heard you can use the FCP lifetime guarantee even on oil changes