Price = SOLD!
The current MIWG fleet has four big Bimmer sedans, two e32's (both 750i with one being a Dinan), one e23 (728i grey market), and this Aubergine e38 740i. I helped my parents buy this e38 about 10 years ago and it served well as their daily driver for a decade. The maintainence finally was too much for them to keep up with and they gave the big Bimmer to me. I have driven it enough to know what needs done to make it a reliable daily driver again. The first item on the todo list is find and fix the slow battery drain. If the e38 is driven daily the battery stays charged, if she sits for more than a few days its drained. After that she is pretty well suited to be driven and enjoyed. The valley pan gasket still needs done at some point, no signs of failure yet. And I always change over the coolant to Evans waterless coolant in these M60 motors to put the cooling system at 0 psi, extending the life of the craptastic plastic coolant connectors. I highly recommend doing the cooling swap to Evans for this M60.
The maintainence has always been handled by Ken Stoner at Eastside Bavarian and a full buyers inspections is at the bottom of the page after the pictures. I also have a pdf version that I can email. As always, feel free to email any questions you have about this Bimmer. The goal is to find her a new home where she will be taken care of and driven, as she was meant to be.