Question 1

What do minor dent/scratches 2016 BMW 7ER models sell for?

Accepted Answer

Across 42 recorded sales of the 2016 BMW 7ER with minor dent/scratches damage, the median was $6,900, from $4,050 to $9,500. That is 5% above the $6,600 median for the model across every damage type, over the last 36 months. Estimates from past sales, not a valuation.

Question 2

Was $7,300 a good price for this 2016 BMW 7ER?

Accepted Answer

491 comparable 2016 BMW 7ER listings sold at auction for a median of $6,600, spanning $4,075 to $9,775. At $7,300 this one went 11% 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 3

How much below its undamaged value did this BMW 7ER sell for?

Accepted Answer

The insurer put this 2016 BMW 7ER's pre-damage retail value at $13,207. It sold for $7,300 — 45% 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.

Question 4

What does a salvage title mean for this BMW 7ER?

Accepted Answer

This 2016 BMW 7ER was sold on a salvage title. 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 5

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 7ER. 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 6

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

Accepted Answer

The lot sat at COPART in MS - FLORENCE. The nearest major vehicle export port is New Orleans, roughly 180 miles away. Moving a car that distance on an open carrier typically runs $225-$325, 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.

2016 BMW 7ER 2016 BMW 740 I BLACK 3.0L 6 - WBA7E2C57GG738668 | $7,300

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