BMW 740 (1996)
Running costs, reliability data, and common problems from 133 real MOT tests.
Annual Cost
£2,757
£230/month
MOT Pass Rate
88%
Good
Road Tax
£760
Based on CC/year
Insurance
Grp 35-50
4398cc Petrol
Solid Option
88% pass rate, £2757/year to run. 6 points above average.
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Annual Running Costs
~30 mpg
Based on 4398cc
Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT data. Insurance not included.
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Reliability Verdict
Good reliability. Occasional issues but generally solid. That's 6 points above the national average of 82%.
At 30 years old, 88% of BMW 740s from 1996 passed their MOT first time in 2026. That's based on 133 tests across the UK. The average mileage at this age is 135,364 miles.
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How Does It Compare?
Mileage Analysis
135,364
Average miles
222,000
Expected for age
The average 1996 BMW 740 has 135,364 miles on the clock, which is below the expected 222,000 miles for a 30-year-old car. This suggests lighter use than average, which generally means less wear on major components.
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Best Year to Buy?
The most reliable year is the 2020 model with a 97% MOT pass rate, while the 1995 model has the lowest at 72%. The 1996 sits between the two at 88%.
BMW 740 by Year
| Year | Pass Rate | Tests | Avg Mileage | |
|---|---|---|---|---|
| 2021 | 97% | 253 | 36,282 mi | |
| 2020 | 97% | 715 | 40,432 mi | |
| 2019 | 95% | 1,241 | 53,056 mi | |
| 2018 | 93% | 1,442 | 62,534 mi | |
| 2017 | 91% | 951 | 71,078 mi | |
| 2016 | 94% | 1,203 | 76,827 mi | |
| 2015 | 92% | 317 | 68,035 mi | |
| 2014 | 91% | 214 | 86,689 mi | |
| 2013 | 90% | 138 | 97,147 mi | |
| 2012 | 90% | 120 | 106,102 mi | |
| 2011 | 87% | 160 | 113,817 mi | |
| 2010 | 89% | 179 | 106,897 mi | |
| 2009 | 85% | 216 | 114,608 mi | |
| 2008 | 88% | 41 | 87,993 mi | |
| 2006 | 86% | 57 | 102,858 mi | |
| 2005 | 84% | 56 | 99,566 mi | |
| 2001 | 85% | 98 | 128,466 mi | |
| 2000 | 85% | 131 | 118,861 mi | |
| 1999 | 86% | 174 | 130,186 mi | |
| 1998 | 85% | 176 | 127,512 mi | |
| 1997 | 77% | 160 | 123,204 mi | |
| 1996 | 88% | 133 | 135,364 mi | |
| 1995 | 72% | 126 | 144,068 mi | |
| 1994 | 76% | 55 | 128,943 mi |
Similar Cars to Consider
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About the 1996 BMW 740
The 1996 BMW 740 is a premium performance with a 4398cc petrol engine. 133 of these vehicles were MOT tested in 2026, making it a rare model on UK roads. It ranks in the top 14% of all 1996 cars for reliability.
With an average of 135,364 miles at 30 years old, BMW 740 owners tend to use this car less than the typical driver.
1996 BMW 740 Fuel Costs
The 4398cc petrol engine is on the larger side, so fuel won't be this car's strong point. Expect around 30 mpg in mixed driving, which works out to roughly £1,592 per year at current petrol prices of 142p per litre (based on 7,400 miles per year).
What does it cost to own a 1996 BMW 740?
Total estimated annual running cost is £2,757 (£230/month), broken down as £1592 fuel, £760 road tax, £55 MOT, and £350 predicted repairs. Repair costs are moderate, reflecting the 88% pass rate. Keeping on top of servicing will help avoid surprises.
BMW 740 Reliability Trend
Newer BMW 740s show better MOT pass rates than older ones, with an average improvement of 10 percentage points.
Buying a Used 1996 BMW 740
At 30 years old, the BMW 740 is firmly in budget territory. Purchase prices are low, but check for rust, worn suspension bushes, and electrical gremlins. A full service history is especially valuable at this age. If you're flexible on year, the 2020 model has the highest pass rate at 97%.
Common Issues to Watch For
Based on the 1996 BMW 740's fuel type, age, and engine size, these are the most likely problem areas to check.
Timing Chain / Belt
Watch outAt 30 years old, check whether the timing belt has been replaced (typically due every 5-7 years or 60,000-100,000 miles). A snapped belt can destroy the engine.
Oil Consumption
Medium riskLarger petrol engines can develop higher oil consumption as they age. Check the oil level and look for blue smoke from the exhaust.
Rust and Corrosion
Watch outAt 10+ years, check wheel arches, sills, subframe, and brake lines for rust. Structural corrosion is an MOT failure. Prevention is far cheaper than repair.
Suspension Bushings
Watch outRubber suspension bushes harden and crack with age, causing knocking noises and vague handling. A full refresh costs £300-£800 depending on the car.
Clutch Wear
Watch outWith an average of 135k miles, clutch replacement may be due (typical lifespan 60,000-100,000 miles). Budget £400-£800 for a new clutch kit.
Brake Discs and Pads
Medium riskHigh-mileage cars often need brake disc replacement, not just pads. A full set of discs and pads costs £200-£500 per axle.
Engine Mounts
Medium riskWorn engine mounts cause excessive vibration and movement. Replacement costs £150-£400 per mount. Check for vibration at idle with the bonnet open.
Service History
Low riskAlways request a full service history. Regular servicing is the single best indicator of how well a car has been maintained, regardless of mileage.
Running Costs Compared
How the 1996 BMW 740 stacks up against similar cars for annual running costs, insurance, and tax.
| Car | Pass Rate | Fuel/yr | Tax/yr | Insurance | Total/yr |
|---|---|---|---|---|---|
| BMW 740(1996) | 88% | £1592 | £760 | Grp 35-50 | £2757 |
| JAGUAR XK8(1997) | 81% | £1592 | £250 | Grp 35-50 | £2247-£510 |
| JAGUAR XJ(1998) | 77% | £1592 | £250 | Grp 35-50 | £2397-£360 |
| LAND ROVER RANGE ROVER(1998) | 76% | £1592 | £250 | Grp 35-50 | £2397-£360 |
| TVR CHIMAERA(1998) | 92% | £1592 | £250 | Grp 35-50 | £2097-£660 |
Estimates based on 7,400 miles/year, current fuel prices, and MOT data. Insurance groups are indicative. Actual costs vary by driver, location, and usage.
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