2023 BMW 7 Series and i7 price and specs

The seventh-generation BMW 7 Series has a new look, new technology and an all-electric option. Pricing starts at $268,900 before on-roads.


BMW has detailed Australian pricing and specifications for its seventh-generation 7 Series flagship sedan, as well as the all-electric i7, ahead of customer deliveries starting in the fourth quarter of 2022.

Pricing starts at $268,900 before on-road costs for the 740i and extends to $297,900 before on-road costs for the flagship all-electric i7 xDrive60.

This new-generation 740i is $23,000 more expensive than the outgoing 740Li, but BMW says the new model “offers significantly expanded level of specification, technology and dynamic capability”.

As detailed previously, the i7 is the first time the 7 Series has been available with all-electric power. It rivals the likes of the Mercedes-AMG EQS 53 4Matic+ ($328,400 before on-road costs).

The 2023 BMW 740i is powered by a 3.0-litre twin-turbo inline-six-cylinder petrol engine with a 48V mild-hybrid system, with total system outputs of 280kW of power and 540Nm of torque.

This 48V mild-hybrid system is able to produce up to 9kW and 200Nm and is used as a starter motor to fire up the combustion engine.

It’s also able to act as a generator and recuperate kinetic energy during coasting and braking at a rate of up to 15kW.

The all-electric i7 xDrive60 is powered by a dual-electric motor setup which produces 400kW and 745Nm. It’s mated to a 106kWh battery pack and BMW claims it has a range of up to 625km on the WLTP cycle.

i7 xDrive60 owners also receive a third-generation BMW Wallbox as standard, as well as a complimentary five-year Chargefox charging subscription.

This new BMW 7 Series is larger in every single dimension than the outgoing model and has a number of new design elements.

The front end of the new 7 Series is dominated by a humongous double-kidney grille that’s illuminated and is flanked by a split headlight setup with adaptive LED technology and Swarovski crystal internals.

The 7’s side profile is described as “monolithic” by the German automaker, and has an angular interpretation of the company’s Hofmeister kink.

As with other recent new models and refreshes from BMW, the 7 Series and i7 features a Curved Display containing a 12.3-inch digital instrument cluster and a 14.9-inch infotainment touchscreen.

Another notable new interior feature is the 31.3-inch 8K BMW Theatre screen for rear passengers which folds down from the headliner. It’s available as standard on the i7 xDrive60 and optional on the 740i.

There a number of different sustainable interior elements BMW has used throughout the interior of the new 7 Series including synthetic yarn floor covering, as well as recycled PET bottle trim for the headliner and pillars.


  • 2023 BMW 740i: $268,900
  • 2023 BMW i7 xDrive60: $297,900

All prices include GST and LCT but exclude on-road costs.


The 2023 BMW 740i is powered by a 3.0-litre twin-turbo inline-six-cylinder petrol engine with a 48V mild-hybrid system, with total system outputs of 280kW of power and 540Nm of torque. This is mated to an eight-speed automatic transmission, with drive sent to the rear wheels only.

BMW claims the 740i can do the 0-100km/h sprint in 5.4 seconds.

The all-electric flagship i7 xDrive60 uses a dual-motor all-wheel drive electric powertrain with total system outputs of 400kW and 745Nm. It’s mated to a 106kWh battery pack.

BMW claims it can do the 0-100km/h sprint in 4.7 seconds.


BMW hasn’t detailed official consumption figures for either the 740i and i7 xDrive60.

The i7 xDrive60 has an electric range of up to 625km according to WLTP testing and has a maximum DC fast-charging speed of 195kW. BMW says the i7 xDrive60 can charge from 10 per cent to 80 per cent in 34 minutes.

The i7 xDrive60 also comes standard with a third-generation BMW Wallbox for home charging, as well as a complimentary five-year Chargefox subscription.


The 2023 BMW 7 Series and i7 measure 5291mm long, 1950mm wide, and 1544mm tall with a 3215mm wheelbase.

Compared to the outgoing long-wheelbase model, the new range-topping sedan is 123mm longer, 48mm wider, 65mm taller, and has 5mm longer wheelbase. The 7 Series is now offered globally in a single length, instead of short- and long-wheelbase variants.

The 740i offers 540L of boot space whereas the i7 xDrive60 has 500L.

Servicing and Warranty

BMW continues to offer a three-year, unlimited-kilometre warranty, where many rival brands have moved to five-year warranties.

The 2023 BMW 740i comes standard with a five-year BMW Service Inclusive package and the i7 xDrive60 comes with a six-year BMW Service Inclusive package. This particular service package includes all logbook service requirements.


The 2023 BMW 7 Series and i7 haven’t been crash tested yet by ANCAP or Euro NCAP.

BMW hasn’t fully detailed every single safety feature the 2023 BMW 740i and i7 xDrive60 comes with just yet, but they include:

  • Driving Assistant Professional
  • Parking Assistant Professional
    • Surround-view camera
    • Reversing assistant (200 metres)
    • Manoeuvre assistant (600 metres and up to 10 saved manoeuvres)
  • Tyre pressure monitoring

Standard Equipment

The 2023 BMW 740i comes standard with the following features:

  • 20-inch M alloy wheels
  • M Sport package
    • M front and rear bumpers
    • M Sport brakes with dark blue calipers
    • High-gloss black M side sills
  • Rear-axle steering
  • Adaptive two-axle air suspension
  • BMW Crystal headlights with adaptive LED technology
  • Illuminated Kidney Grille Iconic Glow
  • Panoramic glass roof Sky Lounge
  • BMW Individual metallic paintwork
  • 12.3-inch digital instrument cluster
  • 14.9-inch infotainment touchscreen
  • Head-up display
  • BMW CraftedClarity Glass iDrive controller, start/stop button, volume roller dial, gear selector and seat adjustment buttons
  • M Carbon Fibre interior trim
  • Travel & Comfort system
    • USB-C ports behind the front seat backs
  • Interior camera
  • 20-speaker Bowers and Wilkins surround sound system
  • Natural Interaction
  • Interior camera
  • BMW Individual leather ‘Merino’ upholstery
  • Multifunctional front seats with heating, ventilation, lumbar support, head restraint height and width adjustment, and massage function
  • Heat Comfort package
    • Heated rear seats
  • BMW Individual Alcantara Anthracite headliner
  • Remote engine start

The all-electric i7 xDrive60 adds the following:

  • 21-inch M alloy wheels
  • Executive Drive Pro
    • Active roll stabilisation
    • Active roll comfort technology
  • Automatic doors
  • Acoustic protection for pedestrians
  • BMW IconicSounds Electric
  • 31.3-inch 8K BMW Theatre screen for rear passengers
  • 39-speaker Bowers and Wilkins Diamond surround sound system
  • Multifunction rear seats
  • Rear seat entertainment experience
  • BMW Individual Gran Lusso interior
  • BMW Individual merino/wool-cashmere combination upholstery
  • Five-year Chargefox charging subscription
  • BMW third-generation wallbox
  • Mode 2 domestic charging cable
  • Mode 3 public charging cable

Optional Equipment

The no-cost Design Pure Excellence package adds the following:

  • Chrome exterior elements
  • Grey brake calipers

The no-cost M Sport Pro package adds:

  • M Sport brakes with black high-gloss calipers
  • Black high-gloss M rear spoiler
  • BMW Individual high-gloss shadow line on the grille frame and struts, rear apron trim and tail lights

The Connoisseur Lounge package ($27,900 for 740i, $9000 for i7 xDrive60) adds:

  • Automatic doors (740i only)
  • 31.3-inch 8K BMW Theatre screen for rear passengers (740i only)
  • Executive Lounge seating
  • Rear multifunction seats (740i only)
  • Rear ventilated seats
  • Massaging rear seats
  • Executive lounge rear console (740i only)
  • 40-speaker Bowers and Wilkins Diamond surround sound system

There are also a range of different alloy and titanium wheels available.


The 2023 BMW 740i and i7 xDrive60 are available with the following exterior paint colours:

  • Alpine White
  • M Carbon Black metallic
  • Black Sapphire metallic
  • Sophisto Grey Brilliant Effect metallic
  • Mineral White metallic
  • Oxide Grey metallic
  • M Brooklyn Grey metallic
  • Sparkling Coper Grey metallic
  • Aventurine Red metallic
  • Space Silver metallic
  • Dravit Grey BMW Individual metallic
  • Tanzanite Blue BMW Individual metallic
  • Frozen Pure Grey BMW Individual metallic (+$2600)
  • Frozen Deep Grey BMW Individual metallic (+$2600)

There are also a range of BMW Individual two-tone metallic paintworks available with either a Black Sapphire metallic or Oxide Grey metallic upper sections. These cost an additional $17,500.

MORE: Everything BMW 7 Series

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Jack Quick

Jack Quick is an emerging automotive journalist based in Melbourne, Australia. Jack recently graduated from Deakin University and has previously competed in dance nationally. In his spare time, Jack likes to listen to hyperpop and play Forza Horizon.

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