3MW53CM08R8E22364 - 2024 BMW M240XI

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Vehicle Details
Lot Number
#65507535
VIN
3MW53CM08R8E22364
Country
USA
Title
CA - SALVAGE TITLE
Primary Damage
FRONT END
Secondary Damage
N/A
Odometer
10401 mi / actual
Condition
RUNS AND DRIVES
Auction Date
2025-10-27
Est Retail Value
$52025
Est Repair Cost
$39612.4
Body Type
M2
Loss
-
Exterior Color
GRAY
AI Analysis Result
FINAL BID PRICE:15000
ESTIMATED PROFIT:-2600
RISK LEVEL:Medium
EXPLANATION:The car is a 2024 BMW M240XI with a salvage title, indicating it has been damaged and deemed a total loss by an insurance company. The estimated repair cost is $39612.4, which is quite high. However, the car runs and drives, and it has a relatively low mileage of 10401 miles. The estimated retail value after repair is $52025. Therefore, a final bid price of $15000 is suggested, which is a reasonable amount considering the repair cost and potential resale value. The risk level is medium due to the high repair cost and the uncertainty of the actual condition of the car. The estimated profit is calculated as $52025 - ($15000 + $39612.4) = -$2600. This means you might face a loss if you decide to buy, repair, and resell this car. Therefore, it's recommended to proceed with caution.
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Technical Specifications
Engine
3.0L 6
Transmission
AUTOMATIC
Fuel Type
GAS
Drive
All wheel drive