Took advantage of the rebate offered. I ultimately got $10,000 off MSRP of $68,500 for a 740i with sport package and convenience package. Black interior on a black car (only kind I'll ever buy). And the M steering wheel (which is unavailable on the iL) really sets this car apart. This one was rare (black on black, sport package 740i) and very hard to find but I guess my dealer really wanted to sell a 740 so he searched several states and delivered this gorgeous car. I have been wanting a 540i for a few years, but once I test drove this thing, and because of the rebate, there is no comparison in my opinion. I am happy to finally own one of my "dream cars".
Interesting note: the BMW factory incorrectly badged this car with a 740iL instead of the appropriate 740i. I wonder if this will increase the value?