Many regard the E38 7-series as a recent peak of BMW styling, and this appears to be one of the best examples out there. Plusses include: relatively low miles, outstanding all-original condition and longtime California ownership.
While stretched E38s (e.g. the 740iL) can look a bit ungainly with their long rear doors, this standard-length 740i has perfect proportions.
Some early E38s have engines with dreaded Nikasil cylinder linings, which are prone to degrade when exposed to high-sulfur U.S. gasoline. By 2000, though, BMW had fixed the issue (and the U.S. had adopted more stringent sulfur content standards), so there are no such worries here.
Offered on eBay with a $7900 starting bid, a helluva lot of car for the money.