BMW 740iL MPG

The 2001 BMW 740iL gets 18 mpg combined (15 city, 22 highway): about $2,133 a year in fuel at $3.20 a gallon and 12,000 miles.

EPA fueleconomy.gov · 2 engines · 1993–2001 · Updated Nov 4, 2026
Quick answer

Against 225 other V8 cars rated 1999–2001, the 740iL beats their 15.5 mpg average by 2.5 mpg, about $344 a year. Averaged over the years each was sold, the most economical engine since 1993, the 4.4L 8-cyl (1996–2001), does 18 mpg and the thirstiest, the 4L 8-cyl (1993–1995), 16.7: $166 a year apart.

Every BMW 740iL engine, compared

Yearly cost assumes 12,000 miles at $3.20 a gallon.

FIG.01·BMW 740iL gas mileage by engine
EngineCombinedCity / HighwayYearsFuel per year
4.4L 8-cyl1815 / 221996–2001$2,133
4L 8-cyl16.714.7 / 211993–1995$2,299
ROWS 2·SOURCE EPA fueleconomy.gov + ForCar

What that actually costs

Against its rivals in the same model years, the Chrysler 300 gets 19 mpg, the Hyundai Sonata 21.5 mpg and the Chevrolet Impala 21.7 mpg, next to 18 mpg for the 2001 740iL. The 740iL costs the most of them to run: $363 a year more than the Chevrolet Impala.

FIG.02·BMW 740iL fuel cost
MeasureValue
Cost per mile (2001)$0.178
Fuel per year$2,133
Fuel over five years$10,665
Against other V8 cars, 1999–2001−$344 a year
EPA's own estimate$4,222 a year
ROWS 5·SOURCE ForCar, computed from EPA ratings

City or highway — who is this car for

The 2001 BMW 740iL gives up 7 mpg in town: 22 on the highway against 15 in the city, $815 a year if every mile were city driving.

FIG.03·BMW 740iL city versus highway
MeasureValueReading
City (2001)15 mpg$2,560 a year if you only drive in town
Highway22 mpg$1,745 a year if you mostly commute
Gap+7 mpg (47%)Wide — this car dislikes traffic
ROWS 3·SOURCE EPA fueleconomy.gov + ForCar

How the 740iL changed over the years

The 740iL peaked in 2001 at 18 mpg (15 city, 22 highway) and was at its thirstiest in 1993 at 16 — 2 mpg apart, or $267 a year in fuel between buying one year and the other.

FIG.04·BMW 740iL gas mileage by model year
Model yearCombinedCity / HighwayEngines offeredFuel per year
20011815 / 221$2,133
20001815 / 221$2,133
19991815 / 221$2,133
19981815 / 221$2,133
19971815 / 221$2,133
19961815 / 221$2,133
19951715 / 221$2,259
19941715 / 211$2,259
19931614 / 201$2,400
ROWS 9·SOURCE EPA fueleconomy.gov + ForCar
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How we count

This page rests on 9 EPA ratings of the BMW 740iL — 2 engines across 1993–2001. The mileage is EPA's laboratory figure, unchanged; the yearly bill is ours, at 12,000 miles and $3.20 a gallon, against EPA's own estimate of $4,222. Full method.

Frequently asked questions

What mpg does the 2001 BMW 740iL get?

18 mpg combined, 15 city and 22 highway, per EPA. Across every year since 1993 the 740iL has averaged 17.6 mpg.

Is the 2001 740iL more efficient than the 2000?

About the same: 18 against 18 mpg combined.

Which 740iL year has the best gas mileage?

The 2001, at 18 mpg combined (15 city, 22 highway), which is also the latest model year we hold.

Does the 740iL get better gas mileage than the Chrysler 300?

No: 18 mpg for the 2001 740iL against 19 for the 2002 Chrysler 300, about $112 a year more to run.

Gas mileage ratings from EPA fueleconomy.gov, unadjusted. Running cost computed by ForCar at 12,000 miles a year and $3.20 a gallon. Last updated Nov 2026. — ForCar Reviewed by , founder of ForCar.
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