Did we write $40k? Sorry, that's a mistake. Real price is $39,998.
To say that German luxury sedans lose their value would be an understatement, but that's not a bad thing for those looking to buy something used. Take this previous generation 2011 BMW Alpina B7, for example. It has just 43,000 miles and looks to be in beautiful condition. The price? Just $39,998, and it's on CarMax so there's no price haggling. The B7 is, after all, the closest thing to the M7 that's so far not happened. So, what's the catch here? Not much, from what we can tell.
Along with the low mileage, everything else about this 2011 B7 appears to be in nearly new condition. Based on the previous generation (F01) BMW 750i, this generation B7 first hit the market in 2011, and only 500 examples were shipped to the US. This one happens to have rear-wheel-drive, although all-wheel drive was optional, and came standard on all Canadian-bound 80 B7s (imagine why). Power came courtesy of a twin-turbo 4.4-liter V8 with 500 hp and 516 lb-ft of torque, and paired to a ZF six-speed automatic transmission. But what's the difference between the 750i and the B7? First off, this is an Alpina, essentially a high-performance version of the 750i, and with a number of other Alpina-only touches.
Alpina is also based in Germany, and the B7's construction process works like this: that twin-turbo V8 is hand-assembled at Alpina's facility, and then shipped to BMW for installation. The vehicle is then sent back to Alpina for all of its finishing touches. The B7, along with the B6, were the only two Alpina models offered in the US. As you can tell from these photos, this B7 comes with all of the luxury you'd expect in a 750i, along with extra dose of exclusivity. Going back to the beginning of this article, why do German cars, notably luxury ones, rapidly decrease in value? The 2011 B7 originally cost (base price) $125,000. Today, it's barely worth a third of that.
The most common reason for this is because German cars require specific components, which often need to be imported from Germany. Fixing or replacing, say, a rear view mirror, is not a cheap task. Buying a used luxury car, even at a fraction of the price, doesn't mean you're not going to have inexpensive repairs. Quite the contrary. But this B7 is probably worth the hassle and expenses. A 500 hp uber luxury, high-performance German sedan? We'll gladly take that risk. Photos courtesy of CarMax.