You’ve read stuff like this before, as the “old vs new” is a tale as old as time (sorry, my wife likes Disney songs, it’s stuck in my head). But it’s always fascinating to see what cars are out there on the second hand market that can be had for far less than inferior brand new cars. This example is one of the most significant I’ve seen in a long time.
Usually, articles like this tend to have headlines that read like “you can have this V12 Ferrari for the price of a Nissan Versa!” Basically, it’s two cars that would never be cross shopped because the buyer of the new cheap car wouldn’t buy a luxury car anyway, regardless of the price, because of the maintenance and gas and insurance and what have you. But this comparison we’re about to talk about is actually quite interesting.
Let’s say you’re a relatively young but successful executive who is moving up in the ranks. You’ve gotten a nice pay raise, you’re into a nice house in the good area of town, you bought yourself a new Tag Heuer and you want a car to match. You like BMWs, so you head down to your nearest dealer and check out the incentives on the brand new BMW 528i. The 528i is a great car, it looks good, it’s spacious and luxurious, it handles well and has a good power. It seems like the perfect car for you. It’s even decently priced, starting at $50,200. But what if you can have a BMW that gives you all of those same qualities, just turned up to 11, for less money.
I present to you a 2012 BMW 760Li M Sport.
The BMW 760Li was the Mac Daddy of all BMWs when it was in production. The reason for that was its mighty twin-turbocharged V12 sitting under its hood that develops 535 hp and 550 lb-ft of torque. That’s enough to make the 760Li good for 0-60 mph in 4.3 seconds and on to a 1/4 mile in 12.5 seconds. In a massive luxury car… That’s fantastically incredible and makes it one of the most desirable luxury cars in the world despite the fact that there’s no real world circumstance which would require such madness. I guess I can now understand why some women like men for their money, even if they aren’t attractive. The F01 BMW 7 Series was never a real looker, but because I know what kind of power it has, I want it desperately.
This mighty 760Li with the M Sport package looks fantastic. The M Sport wheels give it a refreshing boost of sport to its look and make it far more attractive. The interior is gorgeous and, being a 2012 model, it still has all of the modern BMW goodies inside. So it doesn’t look dated at all. And at $45,000, this 760Li is a complete steal, considering that the brand new 528i is smaller, less luxurious, has six less cylinders, 295 less horsepower and costs around $5,000 more. That makes this 7er look like on of the best deals in the world. And since the customer of said 528i would be looking for a luxurious BMW, this 7 Series wouldn’t be strange for that customer, just amazing.
The 7 Series ultimately has everything someone could want in a 5 Series, but just more of it. Most of these “old vs new” comparisons are silly, even if they’re fun, because no one would cross-shop an economy car for a supercar. But people would cross a new 5 Series vs an old 7 Series and this 760Li crushes all 5 Series without an M badge.