We are pleased to offer this 1987 BMW E23 L7 finished in Diamond Black Metallic over a Silver Gray leather interior. BMW’s original 7-Series executive sedan, the E23 was produced from 1977-1986 with the final models delivered in the U.S. for the 1987 model year. Based on the E23 735i, the L7 was a U.S.-specific luxury version of the E23 7-Series, featuring extended leather upholstery, power-operated and heated front seats, and a sunroof as standard. Equipped with an optional limited-slip differential, this final-year 1987 example was sold new from Five Towns BMW of Inwood, New York, and remained under the care of its original owner up until the seller’s acquisition earlier in 2021. A full service has been recently carried out including all new fluids and filters, a rebuild of the front brake calipers, replacements of the belts, battery, and much more. Easily one of the best-preserved examples on the market, this investment-grade L7 has traveled less than 6k miles from new and is now being offered for auction by its seller out of New York accompanied by the original books, tools, sales documents, and window sticker.
This L7 comes finished in Diamond Black Metallic with custom pinstriping and chrome trim outlining the windows, front grille, side moldings, and lower rockers. Other exterior details include quad halogen headlamps, fog lights, mudflaps, and twin chrome exhaust tips. The bodywork of the E23 was developed under BMW’s Design Director Paul Bracq with styling contributions from Manfred Rennen. The seller describes the finish to remain in excellent condition throughout, a testament to the car’s limited time on the road. Detailed images are provided in the photo gallery along with a clean CARFAX report. The factory-equipped TRX 1 light-alloy metric wheels remain dressed in their original Michelin tires.
Representing the most luxurious model of the E23 7-series, this L7 features special Silver Gray (0198) leather upholstery covering the seats, door pillars, door panels, dashboard, and hand-stitched armrests and center console. The power-operated front seats offer a memory function, heating elements, and power-adjustable headrests. The rear seats have a fold-down center armrest, individual headrests, and a rear window sunshade. Other interior amenities include climate control, cruise control, a leather-wrapped steering wheel with driver’s side airbag, a two-position electric glass moonroof, an AM/FM cassette stereo, power-adjustable and heated exterior mirrors, and a heated driver’s door lock. The cabin remains in outstanding original condition with all gauges and accessories working properly.
This E23 L7 is powered by a 3.5L SOHC inline-six engine with Bosch Motronic fuel injection and Digital Motor Electronics. As much as 182 HP and 214 lb.-ft of torque are sent to the rear wheels through a 4-speed automatic transmission and an optional limited-slip differential. The transmission allowed for three separate driving modes selected by a knob on the center console including Economy, Sport, and manual selection of first, second and third gears. The L7 utilizes power-assisted four-wheel disc brakes with ABS, an independent front suspension with double pivot struts, independent semi-trailing arm rear suspension, and hydraulic speed-sensitive power-assisted steering. A major service has been recently carried out in preparation for the next owner including an oil and filter change, new brake fluid, transmission fluid, a rebuild of the front brake calipers, replacement of the battery, a coolant system flush, new engine belts, a new air filter, and a new fuel filter.
This sale will include all original owners manuals, the original window sticker, build sheet, warranty sticker, the original invoice, purchase agreement, odometer statement, service contract declaration, copy of the certificate of origin, a toolkit, first aid kit, and a clean title. A true time capsule of a car, this final year L7 is undoubtedly one of the finest examples of the E23 7-Series. Do not miss the opportunity to add this outstanding BMW to your collection.