Yes, $120,000-plus for an automobile might seem extravagant for many of us.
But consider this: An F-150 can cost upwards of $60,000. In 2001, the top BMW 7-Series trim was $92,000 and a four-wheel drive F-150 XLT Lariat was $37,000. The price of the 7 Series has increased 24% since 2001. The F-150 has gone up more than 50%. If you consider that, then the 2016 BMW 750i xDrive may be something of a bargain.