- Engine: M60B40/M62B44
- Displacement: 4.0 L/4.4 L (243 cu in/268 cu in)
- Power: 282 hp/210 kW (1995 models)/322 hp/240 kW (1996–1998)
- Torque: 295 lb-ft (400 N-m) (1995 models)/324 lb-ft (440 N-m) (1996–1998)
- Transmission: 4-speed automatic (1995)/5-speed automatic (1996–1998)
The 1995 BMW 740iL requires a synthetic oil with the BMW LL-98 specification. The recommended viscosity is 5W-30 or 5W-40.