The arrival of this model heralded a new styling era for BMW with the work of chief designer Chris Bangle. Early production E65s were fraught with problems, the vast majority of which were caused by software issues, as well as the iDrive controversy. BMW repurchased a substantial number of 2002 and 2003 7 series cars in the USA. Subsequent software updates have largely cured these issues. Furthermore, BMW of North America extended the factory warranty on all 2002 and 2003 model year 7 series cars sold in the USA to 6 years or from the original 4-year or coverage. The UK however is still only covered by the standard 3 yr/unlimited mileage warranty on this model.
The E65/E66 are the only BMW cars that are available with the top of the line 6.0 liter V12 petrol and 4.4 liter V8 turbodiesel engines, respectively the BMW N73 760i V12 and BMW M67D44 745d V8 Turbodiesel models.
The 2008 United States MSRP for the BMW 7 Series is: $75,800 (750i), $78,900 (750Li), and $122,600 (760Li).
In December 2007, The New Zealand government bought 34 diesel BMW 7 Series limousines to be used by the Prime Minister, the Members of Parliament and visiting dignitaries to the country, this was at an estimated cost of over NZD$3 million.
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