Model year guide

2001 BMW 540i

Recalls, most-reported problems, crash-test ratings, fuel economy and what a 2001 BMW 540i is worth — from official NHTSA and EPA data. 1 on record.

2001 BMW 540i — representative photo
Representative photo · via Wikimedia Commons

2001 BMW 540i at a glance

Safety recalls4
Owner complaints15
Combined16–18 mpg

Free: that car's specs and build sheet, model-year recall campaigns and a fair price.

2001 BMW 540i recalls 4

Air Bags:frontal:driver Side:inflator Module NHTSA Campaign #19V015000 · 14/01/2019

BMW of North America, LLC (BMW) is recalling certain model year 2000-2003 525i Sedan, 530i Sedan, 540i Sedan, 2001-2003 525i Sports Wagon and 540i Sports Wagon vehicles, and 2000-2004 X5 SAV 3.0i, X5 SAV 4.4i, and X5 SAV 4.6is vehicles. This recall affects certain vehicles where the original steering wheel has been replaced with the optional sports steering wheel. The sports steering wheel has a frontal air bag in…

Fix: Owners are advised not to drive their vehicles until the vehicle has been remedied. BMW will notify owners, and dealers will inspect the vehicle for an optional sports steering wheel with an affected inflator. Dealers will replace the air bag module as necessary, free of charge. The recall began…

Engine And Engine Cooling:cooling System:fan NHTSA Campaign #01V206000 · 21/06/2001

VEHICLE DESCRIPTION: PASSENGER VEHICLES. THE ENGINE AUXILIARY/COOLING FAN OPERATION, INCLUDING VARIABLE SPEED, IS ELECTRONICALLY CONTROLLED. FAILURE OF THE FAN MOTOR CAN CAUSE THE ELECTRICAL CIRCUITRY OF THE FAN CONTROL UNIT TO OVERLOAD AND FAIL, CAUSING THE FAN TO STOP OPERATING.

Fix: DEALERS WILL REPLACE THE FAN. OWNER NOTIFICATION BEGAN SEPTEMBER 28, 2001. OWNERS WHO TAKE THEIR VEHICLES TO AN AUTHORIZED DEALER ON AN AGREED UPON SERVICE DATE AND DO NOT RECEIVE THE FREE REMEDY WITHIN A REASONABLE TIME SHOULD CONTACT BMW AT 1-800-831-1117.

Engine And Engine Cooling:cooling System:fan NHTSA Campaign #02V138000 · 16/05/2002

ON CERTAIN PASSENGER VEHICLES, THE ENGINE AUXILIARY/COOLING FAN OPERATION, INCLUDING VARIABLE SPEED, IS ELECTRONICALLY CONTROLLED. FAILURE OF THE FAN MOTOR CAN CAUSE THE ELECTRICAL CIRCUITRY OF THE FAN CONTROL UNIT TO OVERLOAD AND FAIL, CAUSING THE FAN TO STOP OPERATING.

Fix: DEALERS WILL REPLACE THE FAN. OWNER NOTIFICATION BEGAN SEPTEMBER 28, 2001. THIS IS A SUPPLEMENT TO A RECALL THAT BEGAN DURING SEPTEMBER 2001 (SEE RECALL CAMPAIGN 01V206). OWNERS WHO TAKE THEIR VEHICLES TO AN AUTHORIZED DEALER ON AN AGREED UPON SERVICE DATE AND DO NOT RECEIVE THE FREE REMEDY WITH…

Air Bags:frontal:sensor/control Module-inactive NHTSA Campaign #03V421000 · 24/10/2003

ON CERTAIN PASSENGER VEHICLES, A MICROPROCESSOR IN THE AIR BAG CONTROL MODULE, WHICH ACTIVATES THE FRONT AIR BAGS, THE SIDE AIR BAGS, THE FRONT SEAT SAFETY BELT PRETENSIONERS, AND THE BATTERY SAFETY TERMINAL, MAY HAVE A MALFUNCTION THAT COULD LEAD TO AN UNINTENDED ACTIVATION OF ONE OR MORE OF THESE COMPONENTS.

Fix: DEALERS WILL REPLACE THE AIR BAG CONTROL MODULE. OWNER NOTIFICATION BEGAN NOVEMBER10, 2003. OWNERS SHOULD CONTACT BMW AT 1-800-831-1117.

Source: U.S. NHTSA. A campaign covers the model year; to see whether a particular car still needs the repair, check its VIN on NHTSA.gov or ask a franchised dealer.

2001 BMW 540i common problems

The most-reported problem areas across all 15 owner complaints filed with NHTSA — and what to check before you buy.

Air Bags
Confirm the airbag light turns on then off at startup — if it stays lit there's a fault (costly, and a safety risk). Check for signs of prior deployment.
Electrical System
Test every electrical feature: windows, locks, infotainment, charging and all lights. Watch for flickering, dead accessories or warning lights.
Power Train
Drive through every gear: watch for slipping, hard or delayed shifts, and shudder. Check for transmission/driveline leaks and noises.
Steering
Steering should be tight and centered — no play, clunks or wandering. Test at low and highway speed; listen for power-steering whine.
Engine
Listen for knocks or ticking, check for leaks and blue/white exhaust smoke, and make sure it doesn't overheat. No check-engine light should be on.
Exterior Lighting
Confirm all headlights, brake lights, turn signals and reverse lights work, with no moisture inside the housings.

2001 BMW 540i MPG & running costs

Combined16–18 mpg
City15 mpg
Highway21 mpg
Est. annual fuel cost$4,950
EPA size classCompact Cars
Transmission3 options
Passenger volume93 cu ft
Cargo volume11 cu ft
5-yr fuel cost vs average new car$12,750 more

Source: U.S. EPA / DOE fueleconomy.gov. The EPA lists 3 versions of this model year; combined is shown as a range and the other figures are averages.

Estimated 5-year cost to own

A rough guide to what running a 2001 BMW 540i costs over five years and 75,000 miles.

Fuel (5 yrs)$24,750
Fuel only$24,750
Per mile$0.33

How this is estimated: fuel is the U.S. EPA annual cost at 15,000 miles a year. There aren't enough comparable listings to estimate depreciation for this model, so it is left out. Not included: insurance, maintenance, repairs, taxes, registration and finance costs. Treat it as a comparison guide, not a quote.

2001 BMW 540i trims & engines on record

Engines
4.4L 8-cyl 282 hp

2001 BMW 540i vehicles on record

Other BMW 540i model years

2001 BMW 540i — frequently asked questions

Does the 2001 BMW 540i have any safety recalls?

NHTSA lists 4 recall campaigns for the 2001 BMW 540i. Whether an individual car still needs a recall repair depends on its VIN — check it on NHTSA.gov or ask a franchised dealer. Recall repairs are free.

What are the most common problems with the 2001 BMW 540i?

Across all 15 owner complaints filed with NHTSA, the most-reported problem areas are air bags, electrical system, power train.

What gas mileage does the 2001 BMW 540i get?

The 2001 BMW 540i has U.S. EPA estimates of 16–18 mpg combined, depending on engine and trim (3 versions).

Sources: NHTSA (recalls, complaints, crash tests), U.S. EPA (fuel economy). Vehicle data only — CarLogs never shows owner information.