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2023 BMW 7 Series
#3 Best Luxury Full-Size Cars of 2023

Used 2023 BMW 7 Series

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2025
2023
Fuel Economy
21 - 27 combined mpg
Horsepower
375 - 536 hp
Engine
2 engines available
Engine Options
  • 6-Cyl, Turbo, 3.0 Liter
  • V8, Twin Turbo, 4.4 Liter
0-60
4.1 - 5.2 seconds
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2023 BMW 7 Series Review

Colin Ryan

By Colin Ryan

Updated January 30, 2025

Colin Ryan specializes in writing about new cars. He has done this for the Los Angeles Times, Variety, Kelley Blue Book, Autotrader, Popular Mechanics, Mazda and Lexus customer magazines, plus a bunch of enthusiast sites and publications. And he spent several years as a staff writer at BBC Top Gear magazine. During this zig-zag of a career trajectory, he has driven everything from budget Malaysian hatchbacks (yes, they exist) to scarily expensive Italian exotica.

Pros

  • Space and luxury
  • Power and dynamics
  • Tech and convenience features

Cons

  • Pricey options

What's New?

  • Totally redesigned for 2023

This exclusive corner of the automotive world consists of cars that will cosset and protect its occupants, and amuse them with tech features while being able to whisk them along highways at speed. The new-for-2023 BMW 7 Series can do all that.

It can also make owners decide to give their chauffeurs the afternoon off and jump into the driver’s seat themselves. In addition to all the plushness, there’s a poise and power to the 7 Series that’s a joy to experience. Then again, we expect that from BMW, don’t we?

The all-electric variant, the BMW i7, is reviewed separately.

2023 BMW 7 Series Pricing

2023 BMW 7 Series pricing starts at $67,058 for the 7 Series 740i Sedan 4D, which had a starting MSRP of $94,295 when new. The range-topping 2023 7 Series 760i xDrive Sedan 4D starts at $80,040 today, originally priced from $114,595.

Original MSRP
KBB Fair Purchase Price (national avg.)
$94,295
$67,058
$114,595
$80,040

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 BMW 7 Series models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the BMW 7 Series

The 7 Series can be super-luxurious, extremely comfortable (an air suspension is standard), and can lay on all sorts of gadgetry to help pass the time on long trips — just like a typical flagship sedan.

Yet it’s always had an edge, a different personality waiting to come out whenever the accelerator pedal is pressed hard and the steering wheel is turned with a bit of gusto. Select the Sport driving mode, and the responses and agility of the 2023 7 Series seem more like those of the compact 3 Series than the anticipated attributes of a 2.5-ton palace on four wheels.

We especially love the V8 in the 760i xDrive. It sounds glorious, and its power delivery is just as wonderful. BMW says this car can sprint from standstill to 60 mph in 4.1 seconds — a feat most sports-car owners would be happy with, and almost half a second faster than the impressive all-electric i7.

Majestic Interior

Successive generations of cars tend to grow larger. We did a little digging and found that the new 7 Series has about an inch less rear legroom than before. But 43.3 inches is still a lot of real estate in which to stretch your legs.

Everything is put together in a suitably high-class manner. This cabin is the place where fine leather meets smart tech (which can change the mood of the entire car), then gives everyone a comfortable place to sit. Who needs a Rolls-Royce? The new 7 Series offers self-closing doors and some of the best massaging seats on which we’ve ever rested our weary bones.

This is also the most screen-tastic 7 Series ever. A large unit up front (the BMW Curved Display) contains a section for driver information as well as an infotainment touchscreen. Even the rear seats have screens in the door panels for climate control.

The BMW Individual Composition program offers buyers a wide range of leathers and wood trims to personalize their new 7 Series to an even greater degree.

Dramatic Exterior

Love it or walk away slightly mystified, the 2023 7 Series definitely has its own look going on. All in black, with black wheels and a black grille, we could imagine such a car being a star turn in a high-budget Netflix thriller series set in Germany.

Other color choices include Frozen Tanzanite Blue Metallic (for $5,000) and 2-tone paint schemes.

Size-wise, the new 7 Series is about 5 inches longer than its predecessor, about 2 inches higher, and almost a couple of inches wider. It’s big and imposing.

Our Favorite Features and Tech

iDrive 8.5
This is the latest iteration of BMW’s excellent and user-friendly infotainment operating system. The 2023 7 Series comes standard with Apple CarPlay/Android Auto, wireless charging, and over-the-air update capability.

Panoramic Sky Lounge LED roof
A standard feature in the 2023 7 Series, this is a huge glass roof with thousands of LEDs set inside, creating a series of interesting patterns.

Luxury rear seating
Even though the 7 Series is enjoyable from the driver’s seat, this kind of car is expected to provide lavish accommodation for rear passengers. An optional package brings heated/ventilated/massaging seats with powered adjustment.

Bowers & Wilkins audio
It’s a $4,800 option, but this 1,965-watt/40-speaker surround-sound system (including speakers set into the front headrests) is beyond superb. “Loud and clear” only begins to describe it.

Theater Screen
Dropping down from the ceiling, this massive 31.3-inch, high-resolution display is a must-have option for VIPs ensconced in the rear seats. It’s compatible with streaming services, comes with the B&W system, and a rear window shade closes automatically when the screen is deployed.

Parking Assistant Professional
This optional self-parking feature includes a 360-degree camera system, an illuminated grille, plus a drive recorder and a remote theft recorder.

Engine & Transmission

BMW vehicles are renowned for their handling, yet BMW engines are also excellent. One of the company’s hallmarks is a 6-cylinder unit, with those cylinders all in a line (as opposed to a V formation). That’s the 740i’s setup, which coaxes a turbocharged 375 horsepower and 398 lb-ft of torque from a 3.0-liter displacement.

The twin-turbocharged 4.4-liter V8 in the 760i xDrive is also a thing of mechanical beauty, endowed with 536 horsepower and 553 lb-ft of torque.

Both engines connect to an 8-speed automatic transmission. The 740i has rear-wheel drive (RWD), the 760i xDrive employs all-wheel drive (AWD). Either way, premium gasoline is required. And each engine has a small electric motor for a smooth stop/restart function.

740i
3.0-liter turbocharged 6-cylinder engine
375 horsepower @ 5,200-6,250 rpm
398 lb-ft of torque @ 1,850-5,000 rpm
EPA combined fuel economy: 27 mpg (25 city, 31 highway)

760i xDrive
4.4-liter twin-turbocharged V8
536 horsepower @ 5,200-6,500 rpm
553 lb-ft of torque @ 1,800-5,000 rpm
EPA combined fuel economy: 21 mpg (18 city, 26 highway)

More 7 Series fuel economy information is available on the EPA’s website.

4-Year/50,000-Mile Warranty

BMW covers its vehicles and powertrains with a warranty lasting four years or 50,000 miles, whichever occurs first. This is typical for German luxury car makers.


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2023 BMW 7 Series Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
0-60
Top Speed
Curb Weight
740i Sedan 4D
$66,998
27 MPG
375 @ 5200 RPM
6-Cyl, Turbo, 3.0 Liter
5.2 seconds
130 mph
4720 lbs
760i xDrive Sedan 4D
$79,332
21 MPG
536 @ 5200 RPM
V8, Twin Turbo, 4.4 Liter
4.1 seconds
130 mph
5095 lbs
See Full Specs for All 2023 BMW 7 Series Styles
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2023 BMW 7 Series Depreciation

A 2023 BMW 7 Series has depreciated $28,183 or 30% in the last 2 years and has a current resale value of $63,072 and trade-in value of $57,910.

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2023 BMW 7 Series
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2023 BMW 7 Series Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$91,255
$87,902
2024
$17,900
$73,355
$69,600
Now
$10,283
$63,072
$57,910
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2023 BMW 7 Series Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
4720 lbs.
Fuel Capacity
19.5 gallons
Front Head Room
39.8 inches
Front Leg Room
41.2 inches
Max Seating Capacity
5
Overall Length
212.2 inches
Front Shoulder Room
61.0 inches
Wheel Base
126.6 inches
Width with mirrors
86.3 inches

Exterior

Adaptive Headlights
Available
Alloy Wheels
Available
Number of Doors
4 doors
Panorama Moon Roof
Available
Power Folding Exterior Mirrors
Available
LED Headlights
Available

Fuel Economy

City
25 mpg
Highway
31 mpg
Combined
27 mpg

Mechanical

Drivetrain
RWD
Transmission Type
Automatic
8 speed
Available
Recommended Fuel
Premium
Parking Assist System
Available

Performance

Horsepower
375 @ 5200 RPM
Engine
6-Cyl, Turbo, 3.0 Liter
0 to 60
5.2 seconds
Top Speed
130 mph

Warranty

Basic
4 years / 50000 miles
Powertrain
4 years / 50000 miles
Corrosion
12 years / Unlimited miles

Comfort & Convenience

  • Climate Control Air Conditioning
  • Climate Control Air Conditioning
  • Heated Steering Wheel
  • Integrated Garage Door Opener
  • Interior Ambient Lighting

Entertainment

  • Premium Radio
  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • Rear Window Defroster
  • Power Outlet
  • Steering Wheel Controls
  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Leather Seats
  • Folding Rear Seat
  • Heated Seats
  • Heated Rear Seats
  • Dual Power Front Seats
  • Power Driver's Seat

Security

  • Alarm System

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Navigation System
  • Remote Keyless Entry
  • Internet Access
  • Proximity Sensing Keyless Entry
  • Push-Button Engine Start
  • Remote Engine Start
  • Smartphone Interface
  • USB Port
  • Real-Time Traffic Information

2023 BMW 7 Series Safety

2023 BMW 7 Series Safety Technology

Active Driving Assistant

Every new 7 Series luxury sedan comes with this array as standard, featuring forward collision warning with automatic emergency braking, Active Blind Spot Detection, and lane-departure warning.

Adaptive LED headlights

These are standard in the 2023 7 Series. The adaptive part is that they will follow the direction of the steering, shining light into bends a little sooner than conventional headlights — which might give the driver a fraction more reaction time if there’s an animal in the middle of the road, for example.

Driving Assistance Professional Package

This optional bundle includes assistance for changing lanes, evasive steering, and emergency stops — plus a hands-free highway driving feature.

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See Details
Price
$66,998
$98,475
$60,775
$56,500
KBB.com Rating
4.6
4.6
4.3
4.7
Consumer Rating
N/A
N/A
4.5
N/A
Fuel Economy
City 25/Hwy 31/Comb 27 MPG
City 25/Hwy 31/Comb 28 MPG
City 18/Hwy 29/Comb 22 MPG
City 18/Hwy 26/Comb 21 MPG
Fuel Type
Gas
Gas
N/A
N/A
Seating Capacity5555
Basic Warranty
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
5 years or 60000 miles
Horsepower
375 @ 5200 RPM
375 @ 5200 RPM
416 @ 6000 RPM
N/A
Engine
6-Cyl, Turbo, 3.0 Liter
6-Cyl, Turbo, 3.0 Liter
V6, Twin Turbo, 3.4 Liter
V6, Twin Turbo, GDI, 3.5 Liter
Drivetrain
RWD
RWD
RWD
AWD

2023 BMW 7 Series Rankings

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FAQs

Is the 2023 BMW 7 Series a good vehicle?

Yes, the 2023 BMW 7 Series is a good car, as reflected by its above-average Kelley Blue Book rating of 4.6 out of 5.

What is the MPG for a 2023 BMW 7 Series?

2023 BMW 7 Series city/highway fuel economy ratings range from 18/26 mpg to 25/31 mpg, depending on trim and equipment.

How much should a 2023 BMW 7 Series cost?

Used 2023 BMW 7 Series prices currently range from $67,058 for the 740i Sedan 4D to $80,040 for the 760i xDrive Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest BMW 7 Series?

The cheapest 2023 BMW 7 Series is the 740i Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $67,058.

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