Question 1

Was $7,500 a good price for this 2016 BMW 7ER?

Accepted Answer

450 comparable 2016 BMW 7ER listings sold at auction for a median of $6,600, spanning $4,075 to $10,000. At $7,500 this one went 14% 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 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 - YONKERS. 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

Is 79,612 miles high for a 2016 BMW 7ER?

Accepted Answer

Comparable 2016 BMW 7ER listings at auction averaged 95,703 miles across 450 sales, so at 79,612 miles this one sits 17% 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 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

Did this 2016 BMW 7ER 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 electrical damage, that tells you more about its condition than the damage label alone.

2016 BMW 7ER 2016 BMW 750I XDRIVE BLACK 4.4L V-8 DI, DOHC, VVT, TURBO, 445HP - WBA7F2C58GG416344 | $7,500

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