Question 1

Was $6,050 a good price for this 2016 BMW 7ER?

Accepted Answer

499 comparable 2016 BMW 7ER listings sold at auction for a median of $6,550, spanning $4,050 to $9,775. At $6,050 this one went 8% below 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 clear mean for this BMW 7ER?

Accepted Answer

This 2016 BMW 7ER was sold on a clear. 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.

Question 3

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

Accepted Answer

The lot sat at IAAI in NJ - TURNERSVILLE. The nearest major vehicle export port is Newark, roughly 30 miles away. Moving a car that distance on an open carrier typically runs $200-$300, 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 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 5

This BMW 7ER has normal wear & tear and front end 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 6

Is 139,480 miles high for a 2016 BMW 7ER?

Accepted Answer

Comparable 2016 BMW 7ER listings at auction averaged 96,606 miles across 499 sales, so at 139,480 miles this one sits 44% 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.

2016 BMW 7ER 2016 BMW 740I BLACK 3.0L I-6 DI, DOHC, VVT, TURBO, PREMIUM , 320HP - WBA7E2C54GG547239 | $6,050

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