Question 1

Was $59,500 a good price for this 2023 BMW 7 SERIES?

Accepted Answer

154 comparable 2023 BMW 7 SERIES listings sold at auction for a median of $37,650, spanning $18,600 to $51,000. At $59,500 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.

Question 2

How far is this BMW 7 SERIES from an export port?

Accepted Answer

The lot sat at IAAI in CA - LOS ANGELES. The nearest major vehicle export port is Long Beach, 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 3

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

Accepted Answer

RUN AND DRIVES is the auction's own condition note for this 2023 BMW 7 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.

Question 4

This BMW 7 SERIES has theft and rear 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

Is 19,768 miles high for a 2023 BMW 7 SERIES?

Accepted Answer

Comparable 2023 BMW 7 SERIES listings at auction averaged 29,321 miles across 154 sales, so at 19,768 miles this one sits 33% 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

Who sold this 2023 BMW 7 SERIES?

Accepted Answer

The listing seller was PROGRESSIVE. 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.

2023 BMW 7 SERIES 2023 BMW 740 I WHITE 3.0L I-6 DI, DOHC, VVT, TURBO, 375HP - WBA23EH0XPCN09584 | $59,500

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