Can I Sell for a Profit After Restoring? BMW 740iL e38

When I bought this car, I knew I had something special. I’ll admit that I spent way more money and time than I wanted to when it came to fixing this car. It quickly went from a “service and repair” to a “mild restoration” This is what happens when I think with my heart instead of my brain. I’m showing you most of what I did with this car, but a small portion of the restoration wasn’t recorded. Like always, I appreciate you guys for watching!
Check out Jamie’s Online Store: ourwearhouse1....
- Watch part 2 here: • BMW 740iL Flip for Big...
See More videos about this E38 in a playlist I created here: • All BMW 740iL e38 Videos
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Some Tools used in this video:
Differential Quick Filling tool: amzn.to/3CgHo5n
Sure Shot Sprayer: amzn.to/3lrY5UE
Ball Joint Separator: amzn.to/3AiG8xW
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Videos mentioned:
BMW E92 Engine Mounts: • BMW E9X engine and tra...
BMW 740Il Valve Covers and Gaskets: • BMW 740il Valve Covers...
**Giving this video a "Thumbs Up" really helps with the KZbin algorithm, Thank you an advance! **
**Consider Subscribing to / jamiesgarage1
---As an Amazon Associate, I earn from qualifying purchases.
---As a creator Stash associate, I earn from qualifying purchases
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Jamie is the Owner of some auto repair shops in Sarasota Florida, Check out his social media in the links below:
-- TikTok: / jamiesgarage
-- Instagram: / jamie.s_garage
Check out Jamie’s Shops:
-- Elite Motor Works Website: www.elitemotor...
-- Elite Motor Works Instagram: / elitemotorworksfl
-- Elite Motor Works Facebook: / benzandbmwrepair
-- Renn Haus of Sarasota Website: rennhaus.com
-- Renn Haus of Sarasota Instagram: / rennhaus
-- Renn Haus of Sarasota Facebook: / rennhaus

[@JamiesGarage1]

Cars and Bids Auction is now live and ends on October 11th. carsandbids.com/auctions/9nd56DDB/2001-bmw-740il Watch part 2 here: kzbin.info/www/bejne/p4PYh5WIacyakK8

[@vseProvse24]

Очень шикарная машина,она продаёться?

[@mikemotions7643]

Hello, I have a 2001 e38 740il individual, I would like to share some details of the car with you , can you please provide me with an email address to reach you

[@BrokeTruckerGyal]

$2.5k for some struts is heartbreaking, but on another note, I really appreciate how thorough you are. I love seeing older BMWs be restored.

[@oregonusmc]

On a car like that I would go the $2500 route. With that low of miles and that clean. Every dollar spent on OE quality parts counts.

[@brucelee5465]

heartbreaking? It’s a fking 7 series

[@SmokeySingh101]

2.5k is alot for struts but on a BMW u gonna be using them alot 😂

[@comaradelee]

BS, that struts only cost 150 a pcs

[@christopherramirez6086]

Cause he’s probably getting the stupid oe parts. With the bmw logos and stamped and shit. So they’re 50% over priced

[@blademan7671]

Really smart to do it this way with videos. On C&B, BaT, and other sites, you can’t tell what was really done, except maybe some documentation. Here, you’re providing 100% video. It will go for an added premium.

[@startingtech3900]

100 percent agree

[@Jamesbradley001]

Whoever ends up with this car is getting a great deal. It’s great to see someone take such pride in their work.

[@tomchillen3039]

I have a '96 with the M60 engine, but otherwise identical to this car. The E38 is absolutely my favorite BMW and it's great to see such attention to detail and passion towards this project. Much respect!

[@htownblue11]

For all the funny shorts you Make, I love how you show your skills are top notch as well. Cool project. Best 7 series they ever made IMO.

[@JamiesGarage1]

Thank you!

[@jonathanhall7903]

Seems like a lot of damage for just 30,000 miles. I understand the Florida heat baking the plastic parts. But good thing you were there to rescue it and make it whole!

[@johnmuir8305]

Most of the damage seems age and environment related. Failure of rubber is up to use as well as time and this car was likely exposed to salt, either by being by the beach or by driving on salted roads. Seems like the suspension joints failed because the boots failed and let contaminants in, that could definitely happen over 20 years even with only 30k miles. Then you have headliner glue failure from years of temperature swings and plastics failures from UV radiation like the headlight washers. EDC shocks could have been taken out by our roads or the shaft seals failed because of age or environmental reasons and leaked all the fluid out.

[@robertdewar1752]

As a fairly fastidious Alpina owner I must applaud your attention to detail and quality workmanship. And that is a seriously beautiful vehicle!

[@r.markclayton4821]

I had a 2000 735i (V8) in the UK from 2006 - 2018 (my fifth 7 series) and sadly part exchanged it for my "retirement car" a 520d Luxury. Mine had 130,000 miles by the time I sold it and it was in far better condition than this one. True the bushes and similar were tiring, but it passed its rigorous annual UK MoT tests without work and had none of the dire deterioration seen on this example. Repairs during my ownership included an ABS sensor (damaged by jet cleaning), an alternator, a rusty fuel tank, and some bumper damage when I was rear ended by a moped and more minor items - not bad for 12 years. The only thing wrong with it when px'ed was a needed another CD drive for the sat' nav' (a ~$10k option when new!), as the first replacement ($70 on ebay) failed after three years. Certainly the finest car I have ever owned, and one of the best I have ever driven, whoever gets this lovingly restored example is in for a treat, but $25,000! I only paid ~$8000 for mine in 2006 when it was just six years old.

[@Grizzlygeorg]

Great job, nice video! In 1993 I bought a new E38 730i V8 and it was the most beautiful car I ever owned!!!

[@kostasmilisis]

Hello! Do you steel have it? Other than the perfect experience what is the consumption and reliability? Also has it developed any rattles or is the ride still smooth? I am thinking of buying one right now with 140000 kilometers

[@markcollins457]

The E38 "7" series is the first 7 I could not keep my eyes off of. I have never owned one but it's always on my mind. First close up of the car I had t squeeze by It length wise it was in a parking garage what a detailed veiw.

[@EliteMotorWorksFL]

Wow, That shop is amazing!! "Wink"

[@jeremytellier25]

It really is!

[@ArmyMedicRN]

Having him make these videos is probably the best marketing you can get for minimum investment on the business side. Not only for his skills as your mechanic but for the shop quality itself.

[@dominicancheif117]

It’s ok I guess 🙄

[@highstreetkings7528]

Shameful that the content creator doesn't reference the shop he is working in.

[@RuneRandom]

The best 7 series BMW has ever made.. 30k miles and everything is broken or fallen apart.. love the video and now a subscriber!!

[@hywibowo8618]

Love your work, the e38 and also your entusiasm not to let your potential buyer "have a nightmare" about fixing the car, I subs

[@claumeister1]

Truly one of best looking large sedans ever ! That era of 740s were long, lean, and agile looking. Luxury without the bloated “land yacht” look. Back when BMW styling was truly timeless. Great restore !

[@Johnsormani]

I own an e38 series since 2007. It’s been mainly in storage for the last 5 years but I have a hard time parting from it. It’s so much more car than anything out there. One of the best bmw designs ever

[@Jay_Ira]

Thanks so much for this video. It pains me to forbid myself to buy an E38 because I know they're a money pit. The level of love you went to restore this car is unparalleled. I'm grateful you let us share this experience with you. Keep crushing bud!

[@sophiabright8371]

This was so fun to watch! I was a gas jockey in the 80s. I'm 64 y.o. now and as a young woman it was a really fun if smelly job! I've ALWAYS loved cars.

[@dstein111]

I like how you show a project from start to finish. Unlike some channels that have a million different projects that they never finish

[@markcollins457]

Love the 7 E38 and it was and still is one of my favorite cars. Your show has sparked my interest in older BMW'S and your repairs and knowledge take the "SCARRY " away. Great job.

[@fk2812]

This is my favourite car channel. Jamie is the man, and he’s very easy to understand and has taught me a lot. Kudos to you sir!!!

[@johnyp2967]

At this point the whole car is replaced 😂 great content loving it.

[@OmarOttoman]

That was my car in 2011-2013 in Texas then, Minnesota. Best car ever. I was feeling excited every time I turned on the engine.

[@e.o9470]

My uncle had this BMW Individual dual color 750iL back in 2001 and i was in love with it! best 7 series ever! still looking to find one but mostly they’re not low mileage and costly to rebuild.

[@tidewater616]

i used to have this car E38 exactly same as this one ………..i used to drive 200-220 easily smooth cruising at the highway………..One of the best BMW i think and how i wish bmw build new version of this E38

[@ST-wn7ml]

clear video, clear voice over and safety glasses. really appealing vids to watch. oh, and great, clean shop too.

[@Carlos-qu8ue]

This car is going to run and look smooth like it came out of production. It’s good to see these classics getting love. New owner will appreciate your work.

[@smokeyjoe8314]

Literally thee nicest bmw 7 series. It’s refreshing to see someone putting it all back to oem spec without cutting corners 👍

[@Yahyaib]

I recently did this with a one owner 530i 5 speed with about 96k. Went through it very thoroughly all new oem parts for what was not up to par. 30 detail hours later and a bat auction, I ended up breaking a record for the most expensive E39 530i sold at 18,250 (up to that point) I’m confident this will bring 30k especially with your content on the vehicle. I have a 01 750il sport that will be getting this same treatment, this video has been very helpful. Thank you!

[@JamiesGarage1]

750 would have been fun to do too! Hit me up when you get it done!

[@mesropmadzharyan6727]

30k I hope he gets that I don’t think he will .

[@Yahyaib]

@@mesropmadzharyan6727 sold for 25k on Cars and bids I believe he made a follow up video.

[@mesropmadzharyan6727]

@@Yahyaib I didn’t see the follow up but I guess I guessed close .

[@quetheaction]

I have a 2001 myself and I’m very happy that your doing this as I’m tryna get it up and running again

[@SURENITY]

One of the most beautiful BMW's of all time.

[@stevengraham3138]

never seen a mechanic so detailed amazing to see

[@Salsahaj]

I totally agree with you: This BMW E38 model must be the most beautiful car ever designed by BMW - and one of most stunning cars ever designed. Good job there, Jamie!

[@aqibfreed4672]

E30+ E60 also😭❤️

[@AkramBaig2689]

Yeh not many technologies like today lol

[@VideoAmericanStyle]

@japanwatchconnection BMW’s plan after E38 (just like Mercedes of that era) was to start to cater to the masses by cheapening their design cycles and relying on tech gimmicks instead of driving experience refinement. And as you’ve noted, it worked. Both companies became incredibly profitable by making huge lineups of soulless, derivative status symbols.

[@VideoAmericanStyle]

@japanwatchconnection …those are the facts. Mercedes recently announced it would pivot away from that mass market strategy, in fact. It paid off for them, but the cost was creating inferior products for the past two decades.

[@Czechbound]

New subscriber here. That was really fantastic. Short, focused, great editing and presenting. Well shot too ( good lighting, shot choice and importantly, even the macro shots were in focus ). This is a very practical project that we can all learn from. And the enthusiasm shines through, which is important for motivating us viewers to tackle similar projects. All the best and greetings from Prague, CZ

[@jrod6236]

I am just now seeing this and did not know this car was sold on Cars and bids. You have done an extremely good job restoring this automobile. If I had the space for a 2nd or 3rd car, something like this would be it.

[@blademan7671]

Yay! Can’t wait to see and bid on this on the auction. Please post auction link here, and on your valve cover video

[@Naessey]

Brave man, I know the car well and it’s beautiful. I have a friend that’s a long-term BMW mechanic and he loves that vehicle, but said he would never own one. Upkeep and pasts horrendous.

[@artics1031]

I had a 2001 740I, it was such smooth drive at high speeds felt like cops can't see mr.

[@puopolvj2]

Just did this with a 500$ e39 528i 5pd. My wife thought i was an idiot but the car looks/drives like new.

[@puopolvj2]

@japanwatchconnection nope. #2.

[@robcooke475]

Hi Jamie, I've got a 740il as well. Same sort of repairs. Mine is a '98 and the next project is front end and brakes. Only just over 100,000K's, interior is superb. Exterior paint is very good, with a couple of bird poo blemishes that you can see in the right light. I replaced the plugs and fuel injectors when I had the valve covers off, big difference in performance. Cheers, Aussie Rob.

[@michaelmonberg142]

My ocd is so happy with these videos.. so perfectly restored car

[@hayderaltaee4471]

I don't know what to say, but you teared my heart with this excellent and wonderful work. I hope you will always be successful.❤❤❤❤❤❤

[@TheVagolfer]

Amazing video and incredible work.

[@Ready72000]

Greatest car ever built! I own two - a 2001 740i Sport and a 2001 740IL. Love them both.

[@felixcertus2721]

last of the beautiful BM's

[@domkraggp9944]

I saw one of these yesterday while taking a walk in my complex, it looks amazing, with nice proportions. The one I saw looks like it has moved in a while

[@maxwelltarantino643]

30,000 MILES! WOoooooooooo! Love watching these vids. Great job sir!

[@arturowczarczyk763]

I love this approach to the car. I have an e38 myself and I try my best to take care of it. Gives a well-deserved like and subscribes to the channel👍👍👍

[@strongerandwiser2023]

Good god man. This was a fresh little update. Nice attention to detail. Well done buddy.

[@alexisguerrero9372]

Damn Jaime you just blue balled me 😂, absolutely LOVE the series

[@JamiesGarage1]

🥶😂

[@sheepd0gonwatch215]

That's a beautiful car. I owned a 97 740il - Loved driving that car. It handled remarkably well. Wish I still had it.

[@marioeid930]

These bmws are beautiful cruises😎

[@guycha0s380]

Love to see restoring this.

[@polloqpolloq]

IMPRESSIVE ! I wish I had a 'one stop, shop all' parts bin, but that's the hardest part, time. Well done !

[@TheWittyGeek]

Dry rot is a helluva thing. Almost everything you replaced was a victim of dry rot.

[@henrik1743]

Second worse after salt infested cars

[@TheHeretic435]

Just gpt done refreshing an E39 - all of it was rot and age.

[@sc1338]

Isn’t there a plastic that’s very resistant to dry rot? polyurethane bushings don’t usually degrade I believe

[@mohamednasser_]

Bro you’re a master at this wow

[@mahtimela123]

I'm a mercedes guy but I really enjoyed this video. Great quality

[@Paios]

Just popped in to say I love this series, Ive got a 2000 740i sport. Its ROUGH. Any chance you're gonna do anything on the ABS module? btw you're lucky you've got no dead pixels on that dash

[@JamiesGarage1]

Next video might show something with the ABS module 😉👊

[@Paios]

@@JamiesGarage1 Yaaaaaaaaaay!!!!!!!!

[@scottherman6774]

Paios, I have a 2000 E39 540 and I did the pixel fix myself - not a bad job at all, so get it done!

[@gtarules1]

@@scottherman6774 video Link?

[@TheWalachecman]

Company called Fixel that fix that

[@d.4063]

I have so much respect for this type of work. I would love to do such a project myself, but it's really difficult to go the extra mile like you do. Top job man! 👍🏻

[@calbrady9]

Great work Jamie. I’m now a subscriber. That guy in Michigan got a steal of a car on C&B. Daddy Doug would be proud.

[@masal365]

E38 is one of the best 👍

[@pologti98]

Its a great car, hard to find in good condition. I hope you decide to replace the struts with the original ones. Great work!

[@startingtech3900]

spoiler he said 2-3 weeks i dont think he will but i could be wrong!

[@maniLNW]

My favorite large sedan of all time, by any manufacturer, in the best color for this design, AND the best wheels. AND it is fully refreshed?? Ah I want this car so very much.

[@icemax7]

If I ever decide to restore, you’re the man doing that job mate 👍

[@jlondono363]

Jamie, I love your channel! Watching your videos makes me want to buy a car off you, wish you were closer south and I’d only get my vehicle serviced in your shop

[@KhalsaSoulja]

The level of attention to detail is amazing. Thank you for all the extra time you spent in making this video, editing and uploading to KZbin. I wish I could have a mechanic who is as thorough as you. Amazing work

[@jasonchar2573]

Wow! Great work! I pray that I can find a mechanic as proficient as you when I need one! Respect.

[@fredyph30]

The price of the car = Car + Jamie's Passion into every little detail of the car

[@DustyPearl-13]

This is the first time I watch one of your videos and after only 2 minutes, I knew I have stumbled on a really good channel that I can add to my favorites! Needless to say I subbed & liked! Keep up the great work!

[@youarerightboss]

BMW Beaten Massacred Weekly

[@futte2303]

I love the Way you do the things on the car. I have the same view of details. I Wish i could buy the car from you.

[@jaynareynolds3684]

Watched your meticulous workmanship on this e38. Excellent job!. I own a 2002 e39 that's in need of almost the identical repairs you performed on the e38. When I hit the lottery, I'll drop my car off to you to fix. LOL We live in Sarasota and I just purchased some tickets, so don't be surprised when you get a call from me.

[@sherry5751]

i didnot notice how 16 mins passed. love it ...love it.

[@melegem9372]

Havin’ this car around is profitable surprise by itself man , well done 👍🏻

[@НикоЛатариа]

Man, some quality content you got here. Love it. Hello from Russia, good luck 👊

[@KARiM-G63]

The ultimate 7 series ever made 😍 ❤ ❤ 💜 😍 ❤ 💜

[@tonieveritt7045]

That bmw 740il is one of the best cars ever built it is an amazing cars it will go for ever and only 30k on the clock wow i love bmws best cars around thanks for showingme this be safe

[@ansolfa]

I would buy it immediately when restored.... it just looks beautifully.

[@Max_1883]

My favorite car ! Espacialy in 'Ambush' (BMW The Hire series)... Anyway, great, great job, this car deserved it.

[@jamesogara2219]

Fantastic video. Nice pace, with the separate detailed videos.

[@derekstocker6661]

Just found your channel Jamie, what a fabulous car, been looking at 540i of around 2001 and few and far between now, this 740 you have here is absolutely wonderful, such a great looking vehicle and so much better than the latest BMWs for looks alone! Well done on this one, look forward to hearing how you got on with sale!

[@theleblebici19]

Great work! A small tip from across the Atlantic ocean; I remember these cars also have hydraulic lines running into the EDC shocks. Not shure if it was only the rear shocks, but to check it takes about 3 seconds 😎

[@rollorescue1582]

Ha, I'm in the middle of my own restoration on an E38. They are amazing cars, for sure, and it's veeeeery easy to spend more than you had planned. I already have lol. It's amazing how much time will simply wear things out vs. miles. Just being 20 years old is makes the plastic brittle and rubber fall apart.

[@vietnv788]

That is one hell of a transformation, i should bring my E39 540 to rebuild it like that, also one of the best looking 5 series imho, great vid. subbed.

[@stuyoung8572]

……beautiful car then, beautiful car now ❤️❤️❤️

[@ivanjovanovic362]

Sreten: Finally a worthy opponent! Our E38 battle will be legendary!!!

[@startingtech3900]

i believe sreten will win although jamie is a wizard in his own right. sreten sold it for around 25,000 USD/ 22,000$ euro thats alot of fricking money also he went with h and r lowering springs so whatever jamie does he will be fine on the front suspension!

[@ivanjovanovic362]

@@startingtech3900 Imagine if they collab. They could fix every BMW on earth

[@startingtech3900]

@@ivanjovanovic362 two of my favorite automotive youtubers at the moment, complete wizards, i fix and sell BMW too but they are on another level both highly entertaining my watch time is staggering for both channels lol

[@tgw230]

Do you have the link for Streten's channel? I'd like to check it out

[@startingtech3900]

@@tgw230 @M539restorations

[@lamaludwig1470]

One thing is for sure: nobody will do the same work on the successor.

[@jamie0193]

Been waiting for this one for a while 👍🏼👍🏼 Car looks great, good job J

[@2k_]

I used to have one of these, same color. It was horrible! However, when it's not broken (rarely), it was great to drive and to look it.

[@sammypower6193]

I’m looking forward to seeing it on cars and bids!

[@yousefbhoyroo6960]

All nice . Beautiful workshop. With latest wheel balance & tire machine

[@Germanshepherdbrothers]

Awesome E38 restoration, definitely a classic and timeless BMW 👍

[@MrDkb718]

My dad had a e38 remember when he first bought it. I feel in love instantly, few years later I had two e38's. Fun to drive but once the engine gets the knocking your pockets gets the rocking any current and previous owners of the e38 can tell you that's a fact 🎃.

[@conned]

Awesome work! I'm amazed you can still find the parts!...so much WnT for a 30K miles car.. Liked!

[@vikram6969]

Such a satisfying video to watch. How I wish this car is in my country now...so I can buy it!

[@timothythegreat6294]

thank you for restoring this 🕊🕊

[@FDUNupe1]

Nice! That was my first Bimmer in 2001 and I've been driving 7's ever since.

[@arnaldoluisn1]

Outstanding Video! Love the fact that you are so detailed oriented.

[@groartigsentimientosdegerc7051]

My kind of guy, attention to detail.. great job!

[@iansharpe8420]

Seems like a perfect daily now.