√2023 BMW 7 Series price and specs: 740i and i7 to join local line-up

BMW’s flagship sedan will be available locally later this year with a choice of petrol or electric power.

2023 BMW 7 Series and i7 pricing and specifications
Australian range limited to six-cylinder petrol and electric power
Deliveries to begin in the fourth quarter of 2022
Priced from $268,900 before on-road costs

The 2023 BMW 7 Series has been locked in for its Australian launch later this year, with the petrol-powered 740i set to be joined by the electric i7.

Now in its seventh generation, BMW has confirmed the new 7 Series will be offered to Australian buyers in one wheelbase, extended by 5mm compared to the outgoing model while its overall length, width and height have grown by 131mm, 48mm and 65mm respectively.

While the sixth-generation model line-up featured six variants – 730d, 745e, 740i, 740Li, 750i and M760Li – the upcoming 7 Series will initially be sold in 48-volt mild-hybrid 740i trim alongside the electric i7 xDrive60, completely electrifying the nameplate for the first time.

Prices have risen over the outgoing model, to the tune of $23,000 for the 740i model (compared to the outgoing long-wheelbase 740iL).

Just like the iX SUV and many of BMW’s recent model updates, the 7 Series now features the BMW Curved Display which integrates a 12.3-inch digital instrument display and a 14.9-inch central touchscreen, running the brand’s latest iDrive 8 infotainment software.

Power for the 740i comes from the latest generation of BMW’s 3.0-litre turbocharged petrol inline-six engine, boasting 280kW and 540Nm, with a 9kW/200Nm boost from its 48-volt mild-hybrid system. Drive is sent to the rear wheels through an eight-speed automatic transmission.

The dual-motor, all-wheel-drive i7 xDrive60 produces 400kW and 745Nm, with a 106kWh battery pack supplying power, allowing for up to 625 kilometres of driving range while also enabling the luxury sedan to accelerate from zero to 100km/h in 4.7 seconds – 0.7 seconds less than its petrol-powered counterpart.

A full list of the features on offer is included at the bottom of this story.

The 2023 BMW 7 Series and i7 will arrive in Australian showrooms in the fourth quarter of 2022 (October to December).

2023 BMW 7 Series Australian pricing

740i – $268,900
i7 xDrive60 – $297,900

Note: All prices above exclude on-road costs.

2023 BMW 740i standard features:

20-inch M alloy wheels
12.3-inch digital instrument display
14.9-inch infotainment touchscreen with wireless Apple CarPlay and Android Auto
Tyre pressure monitoring
Rear-wheel steering
M Sport styling pack
Adaptive two-axle air suspension
LED headlights and daytime-running lights with Swarovski crystals
Illuminated kidney grille
Panoramic glass roof
M carbon-fibre interior trim
Crystal-cut glass iDrive controller, start/stop button, volume roller dial, gear selector and seat adjustment buttons
Travel and comfort system
Power-adjustable front seats with massage function
Heated front and rear seats
Interior camera
Driving assistant professional, including:
- Autonomous emergency braking
- Lane-keep assist
- Lane centring assist
- Blind-spot monitoring
- Front and rear cross-traffic alert
- Adaptive cruise control with stop and go
Parking assistant professional (auto parking)
20-speaker, 655-watt Bowers and Wilkins sound system
Merino leather upholstery
Anthracite Alcantara headlining
Metallic paint
Five-year BMW Service package

2023 BMW i7 xDrive60 adds (over 740i):

21-inch M alloy wheels
48-volt electronic anti-roll bars with active roll comfort technology
Automatic (power-operated) doors
Multi-function electric rear seats
‘Executive Lounge’ rear console
Acoustic protection for pedestrians
Electronic driving sounds composed by Hans Zimmer
39-speaker, 1965-watt Bowers and Wilkins diamond sound system
31.3-inch rear theatre screen
Gran Lusso interior with Merino leather/cashmere wool combination upholstery
Home AC wallbox
Chargefox five-year charging subscription
Mode 2 domestic charging cable
Mode 3 public charging cable
Six-year electric vehicle BMW service inclusive package

The M Sport Pro package (no cost option), available on 740i and xDrive60, adds:

M Sport brakes with black calipers
High-gloss black M rear spoiler
High-gloss black radiator grille frame, struts, rear apron trim strip and rear lights

The Connoisseur Lounge package, available on 740i ($27,900) and xDrive60 ($9000), adds:

Automatic doors (740i only; already standard on xDrive60)
‘Executive Lounge’ seating
Rear-seat ventilation
Rear-seat massage function
Multi-function rear seats (740i only; already standard on xDrive60)
‘Executive Lounge’ rear console (740i only; already standard on xDrive60)
31.3-inch rear theatre screen (740i only; already standard on xDrive60)
40-speaker, 1965-watt Bowers and Wilkins diamond sound system (740i only; already standard on xDrive60)

Further individual options are listed on BMW Australia’s website.

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