Question 1

Was $5,300 a good price for this 2024 BMW 2ER?

Accepted Answer

279 comparable 2024 BMW 2ER listings sold at auction for a median of $11,450, spanning $5,200 to $20,300. At $5,300 this one went 54% below that median. Auction prices reflect as-is condition, so the gap usually comes down to damage severity, mileage and whether the car runs.

Question 2

What does a salvage mean for this BMW 2ER?

Accepted Answer

This 2024 BMW 2ER was sold on a salvage. A salvage title means an insurer declared the vehicle a total loss. Repairing it and passing a state inspection can convert it to a rebuilt title, which stays on the record permanently and affects resale value.

Question 3

What does "NOT RUN" mean on this listing?

Accepted Answer

NOT RUN is the auction's own condition note for this 2024 BMW 2ER. It means the vehicle started and moved under its own power during a brief check at the yard. It is not a mechanical inspection and says nothing about how far it would drive. Anything beyond that has to come from the photos and a physical inspection.

Question 4

This BMW 2ER has flood and fresh water damage — how does that affect it?

Accepted Answer

Damage recorded in two areas usually points to a heavier impact than either label suggests on its own, and it raises the odds of structural damage behind the panels. The auction records the primary and secondary areas only; it does not assess the frame. Photographs and, where available, a physical inspection are the only way to judge how far it goes.

Question 5

Who sold this 2024 BMW 2ER?

Accepted Answer

The listing seller was GEICO. Seller type is a useful signal: insurers typically consign total-loss vehicles, rental and fleet operators consign on a cycle regardless of damage, and dealers consign trade-ins they do not want to retail. Each implies a different history behind the same damage label.

Question 6

Is 17,156 miles high for a 2024 BMW 2ER?

Accepted Answer

Comparable 2024 BMW 2ER listings at auction averaged 16,695 miles across 279 sales, so at 17,156 miles this one sits 3% above that. At salvage auctions mileage moves the price far less than damage does — a low-mileage car with structural damage will still sell under a higher-mileage clean one.

2024 BMW 2ER 2024 BMW 230I BLACK 2.0L I-4 DI, DOHC, VVT, TURBO, 255HP - 3MW23CM05R8E35849 | $5,300

Price

Auction service

Sale Date

Lot

Description

Similar Cars

Other BMW 2ER listings

Other cars with flood damage

Popular models BMW

Market Price Comparison - 2024 BMW 2ER

How this 2024 BMW 2ER compares

Frequently Asked Questions - 2024 BMW 2ER