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BMW

BMW - Serie 7 (2002)

BMW Serie 7 – the flagship luxury sedan that’s been a symbol of German engineering since 1977. When it first appeared as the new 2002 BMW Serie 7, it was priced at roughly €60,000 in Europe and pulled in automobile enthusiasts worldwide. Although the exact numbers vary by market and condition, knowing the BMW Serie 7 price trend helps you gauge whether a vehicle will fit your budget and future resale expectations.

  • Model year: 2002
  • Engine: 4.4‑L V8, 320 hp (kW)
  • Transmission: 6‑speed automatic
  • Fuel type: Petrol (premium gasoline)
  • Drive: Front‑wheel drive (standard), optional 4M‑Drive all‑wheel drive
  • Dimensions: Overall length 5 134 mm / width 1 837 mm / height 1 534 mm (approx.)
  • Weight: 1 950 kg (parcive)
  • Suspension: Independent MacPherson strut (front), multi‑link (rear)
  • Brakes: Ventilated discs front, rear, ABS, ESP, parking brake
  • Seating: 5‑seat, rear‑armrest, tilted for comfort
  • Infotainment: Classic BMW CD audio, optional navigation, later upgrades to MP3, Bluetooth, and smartphone integration
  • Safety: Dual‑stage airbags, supplemental airbag, seat‑belt pretensioners, stability control

The used BMW Serie 7 price depends on mileage, maintenance history, accident record, and the specific trim level. In North America, a 2002 model in good condition will fetch between $18,000 and $28,000, while in Europe ranging from €12,000 to €18,000. These figures should be taken as a baseline; prices vary by region, dealer, and current supply-demand dynamics.

Depreciation Insight: How the BMW Serie 7 Loses Value Over Time

When evaluating a luxury car, it’s essential to understand its depreciation curve. The BMW Serie 7 depreciation rate is typically higher in the first few years due to the high initial purchase price. In general, a new BMW Serie 7 will lose:

  • 15–20 % of its original value in the first year.
  • About 2 % per year for the next 2–3 years.
  • Approximately 5% every subsequent year up to five years.
  • Beyond five years, depreciation slows to ~1–2% per annum, mainly driven by mileage and condition.

For a 2002 model, this means that compared to its original retail purchase price, the car can be worth roughly 30–40 % of that amount today, depending on its specific condition. Thus, if you’re purchasing a used BMW Serie 7, you can anticipate a balance between premium luxury and opportunistic pricing.

Comparative Context: How Does the 2002 Serie 7 Stack Up Against Its Rivals?

When you ask, “what is a 2002 BMW Serie 7 worth?” you’re likely trying to compare against similar luxury sedans of the era. Here’s a quick glance: