Sell your 1998 BMW 7 Series for cash

The 1998 BMW 7 Series is a midsize car that came with a choice of 4.4L 8-cyl and 5.4L 12-cyl engines. At 28 years old, many are reaching the point where repairs cost more than the car is worth. Running or not, we'll make you an offer and tow it away for free.

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1998 BMW 7 Series at a glance

Body styleMidsize Cars, Large Cars
Engines4.4L 8-cyl, 5.4L 12-cyl
TransmissionsAutomatic 5-spd
DriveRear-Wheel Drive
FuelRegular Gasoline
Fuel economy13–15 city / 18–22 highway / 15–18 combined MPG
EPA annual fuel cost$3,700–$4,450 a year (EPA estimate at current fuel prices, 15,000 miles)
Tailpipe CO₂494–592 grams per mile
Versions tested by EPA3 configurations: 740i, 740il, 750il
Age28 years

Specs, fuel cost and emissions from the EPA's fueleconomy.gov data. Your car's exact equipment may differ.

What affects its junk value

  • Age: at 28 years old, most of a 1998 7 Series's value comes from reusable parts and scrap metal, not resale.
  • Weight: as a midsize car, it weighs less than a truck or SUV, so its value leans more on parts than on scrap weight. See how scrap prices by weight work.
  • Catalytic converter: like all gas and diesel cars, it has a catalytic converter containing precious metals, one of the most valuable parts on a junk car. An offer assumes it's still in place. More on catalytic converters.
  • Recalls: NHTSA lists 1 recall for the 1998 7 Series. Open recalls don't stop you from selling or junking it.
  • Known problems: owners reported the most issues with the electrical system, typically around 131,000 miles. If that's what failed on yours, it can still be sold as-is.

How junk car offers are calculated

1998 BMW 7 Series recalls

NHTSA lists 1 safety recall covering the 1998 BMW 7 Series. Open recalls don't stop you from selling or junking the car, but check your VIN at nhtsa.gov/recalls to see which apply to yours.

Power TrainJun 1998 · NHTSA campaign 98V142000

Vehicle description: passenger vehicles. The differential pinion shaft within the differential case assembly was produced without the appropriate surface hardening. This can result in the shaft experiencing premature wear.

Risk: This condition will cause a noise from the differential and, ultimately, failure of the shaft and loss of drive.

Common 1998 7 Series problems

Owners have filed 55 complaints about the 1998 BMW 7 Series with NHTSA. 2 reports involved a crash and 1 report involved a fire. Owners reported 3 injuries.

Complaints are reports from owners and aren't verified by NHTSA. One complaint can list several components. Mileage is the median odometer reading owners reported for that component.

Most-reported components

  • Electrical System9
  • Engine and Engine Cooling5
  • Fuel System, Gasoline4
  • Unknown or Other4
  • Visibility4
  • Engine and Engine Cooling3

Typical mileage when problems were reported

  • Electrical System131,000 mi
  • Engine and Engine Cooling97,000 mi
  • Fuel System, Gasoline176,000 mi
  • Visibility90,000 mi
  • Engine and Engine Cooling98,000 mi

1998 BMW 7 Series service bulletins

Manufacturers have filed 19 technical service bulletins and communications with NHTSA covering the 1998 BMW 7 Series. These are repair instructions for known issues, not recalls.

Most common bulletin topics

  • Engine and Engine Cooling2
  • Service Brakes2
  • Unknown or Other2
  • Air Bags1
  • Air1
  • Electrical System1

Recent bulletins

  • Service Bulletin/Repair InstructionsJan 2024 · B510819

    The basic conditions for initializing the power windows are not met.

  • Service Bulletin/Repair InstructionsOct 2023 · B660523

    Various functions of the camera-based driver assistance systems (ADCAM system) can lead to customer complaints.

  • Service Bulletin/Repair InstructionsNov 2018 · B650916

    Radio / Navigation / Head Unit Identification Guide

  • Service Bulletin/Repair InstructionsDec 2017 · B122917

    SERVICE ACTION: PROGRAM DME: The incorrect dataset could be programmed into DME 5.2.1 control module.

  • Service Bulletin/Repair InstructionsDec 2017 · B122817

    SERVICE ACTION: PROGRAM DME (FOR O2 SENSORS): Due to DME software error, the following oxygen sensors plausibility fault codes may be stored in DME 5.2.1 control module:

  • Service Bulletin/Repair InstructionsDec 2012 · SIB-61-37-12

    BMW: the high-voltage (hv) battery cells could be damaged if the vehicle is prevented from entering sleep mode for an extended period of time. Updated 03/11/2013 *js

Source: NHTSA manufacturer communications (technical service bulletins).

NHTSA defect investigations

NHTSA opened 1 defect investigation covering the 1998 BMW 7 Series.

VisibilitySQ98010 · opened Jun 1998, closed Sep 1998

Windshield wiper inoperation

BMW believes that there is no indication of a systematic or safety defect concerning the subject wiper relay.the main reason that precipitated the issuance of the service bulletin was to inform dealers of a new relay part number for the subject vehicles since this part number was not included in the part catalogs.odi h

Selling a 1998 7 Series: questions

How much is a 1998 BMW 7 Series worth for junk?

It depends on its condition, whether major parts like the engine, transmission and catalytic converter are still there, and current scrap and parts prices where you live. Its parts make up much of its value. Enter your ZIP code above for a free offer on your specific car.

Can I junk a 1998 7 Series that doesn't run?

Yes. We buy 1998 7 Seriess that don't start, were in an accident, failed inspection or have a blown engine or transmission. Towing is always free.

Can I sell a 1998 7 Series with open recalls?

Yes. Open recalls don't prevent a junk sale. NHTSA lists 1 recall for the 1998 BMW 7 Series; you can check whether any are still open on yours with the VIN lookup at nhtsa.gov/recalls.

What paperwork do I need to sell my 1998 7 Series?

Usually the title and a photo ID. Rules differ by state, including what to do with your plates and whether to file a notice of sale. Check our state-by-state car title guides for the official forms.

Sources

Data retrieved October 2026.

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