Before the year 2002 is over, BMW will launch an all-new 2003 760Li powered by a new 6-liter V12 engine. That will complete the new 7 Series line.

The 745i rides on a 117.7-inch wheelbase while the 745Li and 760Li ride on a 123.5-inch wheelbase. The long-wheelbase Li models are 5.5 inches longer overall than the standard 745i. BMW says about two-thirds of its 7 Series customers opt for the longer Li models.

BMW's new iDrive system is standard on all 7 Series models. And, of course, the 7 Series comes standard with a long list of luxury features, including beautiful interiors trimmed in a choice of rich leathers and woods. Standard tires are V-rated 245/50s on 18-inch alloy wheels, with optional 19-inch 245/45s on front, 275/40s on the rear.

Twelve airbags are available: two frontal airbags, two knee airbags, two side airbags, and the Head Protection System, or HPS, which is a tube-shaped curtain designed for head protection in a side impact. Active Head Restraints move the head rests closer when a collision is detected. As an option, side-impact airbags and the HPS are available for rear-seat passengers ($550). An optional tire pressure monitor ($300) is available. And there's a host of state-of-the-art active safety features designed to help drivers avoid accidents in the first place.

Options include an Adaptive Ride Package ($1900), which includes a self-leveling rear suspension, and stepless Electronic Damping Control that automatically adjusts shock damping according to conditions. A Cold Weather Package ($1100) adds a heated steering wheel, heated front and rear seats, and a ski bag. A Convenience Package ($1000) includes soft-close doors, which draw them in for easier, quieter closing, and power trunk opening and closing. A Luxury Seating Package ($2500) adds 20-way adjustments, fans to blow air through the seating surfaces, and an automatic massager. Why go to a five-star resort if you're driving one of these? Some of these features are available as separate options so you can choose exactly what you want.