I've heard this about the new 7 series BMWs, plus they are not a good looking car at all. BMW is dreaming if they think their usual buyers are not concerned. The BMW enthusiasts' boards are death on these new ones! My 98 740iL, on the other hand, is a dream car. I hope it lasts 300,000 miles!
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Just be sure to replace the rubber bushing between the transmission and the drive axle every 100k miles.
Peter Egan's column in Road & Track a few months ago was about just this subject. He figured it will be horribly expensive to replace all the gizmos in a restoration project 10 years from now.
Bring back the 2002 with "minor" improvements and it will outsell all sorts of cars.