American magazine Consumer Reports, known for its reviews and comparisons of consumer products and services based on reporting and results from its in-house testing laboratory and survey research center, has reported the new 2013 BMW 750Li to have the worst value for your dollar.
Recently same magazine rated the Toyota Prius as the best value for your money with its 49 cents per mile to own, compared to the 750Li and its $1.80 mile to drive: “With frustrating controls and a below-par ride, the 750Li didn’t score well enough to be recommended and racked up one of the worst predicted-reliability scores,” the magazine wrote in its roundup.
Consumer Reports measures value by weighing five-year ownership costs, predicted-reliability scores and road test scores and coming up with a cost-per-mile figure. The biggest factor in five-year ownership costs is depreciation, an issue often seen with high-end and expensive automobiles.
Other cars that made the worst list from Consumer Reports include: the Volvo C70, Mini Countryman, Jeep Wrangler Sahara, Nissan Armada, Chrysler Town & Country L, Nissan Versa SV, Ford Focus SE, Chrysler 200, and the Dodge Charger.
While we don’t fully agree with their assessment, we have to recognize that historically the 7 Series has been known as a car that tends to depreciate faster than other BMWs and its price can jump quite a bit over the $100,000 mark after adding some options and packages. We also believe that the type of consumer/owner of a 7 Series is significantly different than one owning a Prius (unless you live in California and need to maintain an image) and a buyer purchasing the luxurious limousine is less concern with the price per mile that he or she has to pay.
Here is our own test drive of the BMW 750i from 2009.