- Post is under moderationBMW-760Li-E66 / CLASSIC ON THE CUSP / CHASING CARS Quentin Willson’s hot tips
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COST NEW £90k
VALUE NOW £10k
BMW’s long-wheelbase #V12-7-Series was born in a pre-recession world. Back then excess was a badge of rank and the superlatives piled up – plush, fast, huge, silent, smooth, rare and, above all, selfish. The 21st century equivalent of a long-wheelbase Rolls-Royce Silver Cloud (ironically it shares engine architecture with the current RR Ghost), the lengthened 760 was the ultimate luxo-limo for CEOs of PLCs.
Like almost all limousines early depreciation had the downward momentum of a falling Steinway. Back in 2003 you could spec up a 760Li and shell out nearly £100k. That same car with a modest mileage 15 years later is now worth ten grand. Craignairn Cars in Kirkcaldy, Scotland, has a mint #Orient-Blue #2003 with 64,000 miles and £12,800 of factory extras for just £9995. And it comes with a full BMW dealer history plus a titled owner in the V5. What’s not to love?
Don’t get me wrong, a ten-grand 760 won’t be an investment, but as something utterly wonderful for discreet weekend wafting it’s worth losing £5k for a couple of years of feeling like Bill Gates. It might not even cost you that much because there are only 117 examples registered on the DVLA database so they’re rare enough to develop desirability.
As well as the extra length, you also get soft-close doors, heated, cooled and massaging front and rear power seats, rear-window blinds and side curtains, TV, dynamic damping and your very own iDrive control in the rear compartment to override the chauffeur’s one up front.
A private seller in Solihull has a 2007 in Burgundy with 57k, full history and a nice private reg for £13,000. And if you really want a keeper how about this one? Advertised in Manchester is a 2003 in silver with just 7000 miles from new and described as ‘totally perfect’ for £19,300. And yes, I hear you say that any big bills could easily contain four figures, but apart from high-pressure fuel pumps and the need for a gearbox service at 50,000 miles, the trade says 760s aren’t that bad. But this is one used super-saloon that categorically needs a full BMW dealer history complete with a sheaf of receipts.
Therefore, shop with great care and only go for sensible-mileage cars and you should be OK. The 760Li was a neo-classic from the day it was born, but having withered down to as little as £10,000 they’ve become a compelling opportunity.Stream item published successfully. Item will now be visible on your stream.