Question 1

Was $5,100 a good price for this 2016 BMW 5ER?

Accepted Answer

970 comparable 2016 BMW 5ER listings sold at auction for a median of $4,250, spanning $3,150 to $6,950. At $5,100 this one went 20% above 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 5ER?

Accepted Answer

This 2016 BMW 5ER 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

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

Accepted Answer

The lot sat at IAAI in FL - PEMBROKE PINES. The nearest major vehicle export port is Jacksonville, 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.

Question 4

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

Accepted Answer

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

Is 61,840 miles high for a 2016 BMW 5ER?

Accepted Answer

Comparable 2016 BMW 5ER listings at auction averaged 96,840 miles across 970 sales, so at 61,840 miles this one sits 36% below 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.

Question 6

Did this 2016 BMW 5ER come with keys?

Accepted Answer

Yes — this lot was listed with keys present, which usually means the vehicle could at least be started or moved at the yard. Combined with theft damage, that tells you more about its condition than the damage label alone.

2016 BMW 5ER 2016 BMW 550I GREY 4.4L V-8 DI, DOHC, VVT, TURBO, 445HP - WBAKN9C53GD962394 | $5,100

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