What do hail 2016 BMW 5 SERIES models sell for?

Across 22 recorded sales of the 2016 BMW 5 SERIES with hail damage, the median was $5,300, from $3,550 to $6,700. That is 25% above the $4,250 median for the model across every damage type, over the last 36 months. Estimates from past sales, not a valuation.

Was $6,700 a good price for this 2016 BMW 5 SERIES?

957 comparable 2016 BMW 5 SERIES listings sold at auction for a median of $4,250, spanning $3,150 to $7,000. At $6,700 this one went 58% above that median. Auction prices reflect as-is condition, so the gap usually comes down to damage severity, mileage and whether the car runs.

How much below its undamaged value did this BMW 5 SERIES sell for?

The insurer put this 2016 BMW 5 SERIES's pre-damage retail value at $16,562. It sold for $6,700 — 60% below that. A gap this size is normal for auction vehicles: the buyer takes on the repair cost, the paperwork and the risk that damage is worse than the photos show.

What does a clean title mean for this BMW 5 SERIES?

This 2016 BMW 5 SERIES was sold on a clean title. A clean title means no total-loss brand was recorded at the point of sale, which is unusual at salvage auctions and typically lifts the price.

How far is this BMW 5 SERIES from an export port?

The lot sat at COPART in TX - TEMPLE. The nearest major vehicle export port is Houston, roughly 200 miles away. Moving a car that distance on an open carrier typically runs $250-$350, which is a real part of the landed cost and one reason identical cars fetch different bids depending on where they sit. Rates are indicative market figures rather than quotes, and rise with fuel prices and in winter.

What does "RUN AND DRIVES" mean on this listing?

RUN AND DRIVES is the auction's own condition note for this 2016 BMW 5 SERIES. 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.

2016 BMW 5 SERIES 2016 BMW 550 I BLACK 4.4L 8 - WBAKN9C56GD962311 | $6,700

WBAKN9C56GD962311 2016 BMW 5 SERIES - Image 1

Price

$6,700

Auction service

COPART

Sale Date

10/16/2024

Lot

#63389104

Full vehicle history reportAccidents · title brands · service records

ⓘ Historical Archive

This vehicle was sold at COPART on October 16, 2024. We do not sell cars - we only provide auction history data.

Description

This is an entry presenting BMW 5 SERIES manufactured in 2016, represented by WBAKN9C56GD962311 VIN number.The auction took place on COPART and it's latest price was $6,700. Below you can find more details about this vehicle, including engine type, damage, transmission and odometer.

MakeBMW
Model5 SERIES
VINWBAKN9C56GD962311
Year2016
Body Style
Car KeysPRESENT
ColorBLACK
Cylinders8
Document TypeCT - CLEAN TITLE
DriveREAR WHEEL DRIVE
Engine Type4.4L 8
Estimated Retail Value$16562
FuelGAS
HighlightsRUN AND DRIVES
LocationTX - TEMPLE
Odometer108041 miles
Primary DamageHAIL
Secondary Damage
SellerFARMERS INSURANCE COMPANY OF FLEMINGTON
Series2016 BMW 550 I
TransmissionAUTOMATIC

Sold on October 16, 2024, this 2016 BMW 550i exemplified luxury and performance, garnering attention with its sleek black exterior. Featuring a powerful 4.4L V8 engine paired with an automatic transmission, this rear-wheel drive sedan delivered a dynamic driving experience, perfect for enthusiasts and daily commuters alike. With an odometer reading of 108,041 miles, this vehicle showcased its reliability and enduring performance. Despite experiencing hail damage, this BMW ran and drove smoothly, highlighting its robust engineering. The well-appointed interior combined comfort and advanced technology, making it a desirable option in the premium sedan market. This particular model offered a compelling blend of style, power, and practicality, drawing in bidders looking for a luxury vehicle at an accessible price point. Ultimately sold for $6,700 in Temple, TX, it represented a significant opportunity for those seeking a high-performance sedan, even with its minor cosmetic imperfections. In summary, this 2016 BMW 550i stood out for its blend of luxury and performance, making it a noteworthy auction find.

AutoBidCar provides comprehensive information about cars from COPART and IAAI auctions. A large database of vehicles ensures you are always informed before purchasing your dream vehicle.

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Market Price Comparison - 2016 BMW 5 SERIES

Average market prices based on 957 recent auction sales. Prices vary by condition, mileage, and location.

Average USA Price

$4,250

Average Europe Price

$6,775

Price Range (USA)

$3,150 - $7,000

Note: These are median values from recent auction sales of 2016 BMW 5 SERIES. Europe prices are estimated and may vary by country. Actual prices depend on vehicle condition, mileage, and market conditions.

How this 2016 BMW 5 SERIES compares

Based on recorded auction sales of this model with hail damage over the last 36 months. Figures are estimates drawn from past sales, not a valuation. Transport costs are indicative market rates, not quotes.

Against comparable sales: $6,700 — 58% above the $4,250 median across 957 sales
Against pre-damage value: 60% below the $16,562 estimated retail value
Hail damage: Hail examples of this model sell at a $5,300 median, 25% above the model average (22 comparable sales)
Mileage: 108,041 mi — 12% above the 96,733 mi average for this group
Keys: Present
Condition note: Run And Drives
Title: Clean Title
Seller: Farmers Insurance Company Of Flemington
Nearest export port: Houston, roughly 200 mi — estimated $250-$350 to move it there by open carrier

Frequently Asked Questions - 2016 BMW 5 SERIES

Common questions about this vehicle and our auction data archive

Note: AutoBidCar is an archive service providing historical auction data. We do not sell vehicles or facilitate purchases. All information is provided for research purposes only.