Question 1

What do front end 2016 BMW 7ER models sell for?

Accepted Answer

Across 199 recorded sales of the 2016 BMW 7ER with front end damage, the median was $5,950, from $3,850 to $9,500. That is 8% below the $6,500 median for the model across every damage type, over the last 36 months. Estimates from past sales, not a valuation.

Question 2

Was $9,750 a good price for this 2016 BMW 7ER?

Accepted Answer

507 comparable 2016 BMW 7ER listings sold at auction for a median of $6,500, spanning $4,050 to $9,750. At $9,750 this one went 50% 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

What does a salvage mean for this BMW 7ER?

Accepted Answer

This 2016 BMW 7ER 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 4

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

Accepted Answer

The lot sat at IAAI in TX - HOUSTON. 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.

Question 5

Is 98,457 miles high for a 2016 BMW 7ER?

Accepted Answer

Comparable 2016 BMW 7ER listings at auction averaged 96,900 miles across 507 sales, so at 98,457 miles this one sits 2% 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.

Question 6

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.

2016 BMW 7ER 2016 BMW 740I BLACK 3.0L I-6 DI, DOHC, VVT, TURBO, 320HP - WBA7E2C53GG548043 | $9,750

Price

Auction service

Sale Date

Lot

Description

Similar Cars

Other BMW 7ER listings

Other cars with front end damage

Popular models BMW

Market Price Comparison - 2016 BMW 7ER

How this 2016 BMW 7ER compares

Frequently Asked Questions - 2016 BMW 7ER